Archive for October, 2014
(PNTV) Announces WeedTv Web Stream of the Historic First Annual Las Vegas Hempfest
LAS VEGAS, NV, United States, via ETELIGIS INC., 10/10/2014 – – Players Network (OTC-QB Bulletin Board: PNTV), a Digital Television, Technology and New Media company that develops, owns, and operates Branded Lifestyle Channel Destinations announces a special re-broadcast of the live webcast from the first annual Las Vegas Hempfest. The broadcast will be free and available on www.weedtv.com beginning today at 12:00 Noon PST and at 3pm EST and will continue through Sunday, October 12, 2014. The broadcast features exclusive behind the scene interviews from the Hempfest VIP Lounge, with Hempfest performance artists and special guest celebrities providing fans with unprecedented access, plus concert coverage.
Artists and featured guests include; Wonder Hussy, DJChef Fred, 420 Nurses, Marlon Asher, Nevada Senator Tick Segerblom, Rappin4Tay, Dan Rush a Director with United Food and Commercial Workers Union, Sen Dog of Cypress Hill, Pony Boy-Los Marijuanos, Roscoe and Y.A. Anterrazh, Baby Bash, Burner plus much, much more.
For a full Las Vegas Hempfest line up and schedule go to http://lasvegashempfest.com
Mark Bradley CEO of Players Network states, The first annual Las Vegas Hempfest was an amazing and historic event. We are proud partners with Las Vegas Hempfest and wish to congratulate Las Vegas Hempfest and its organizers on a great event. This was also an extremely successful event for WeedTv building stronger relationships with artists, connecting to their social media groups and rewarding our sponsors. I would also like to take this opportunity to also thank our sponsors and the entire WeedTv team. We plan many more live streaming events in the future as this is a great vehicle to build revenue and significantly increase audience.
About WeedTV:
WeedTv is the go to source for informational, entertainment, products and services for people who relate to the marijuana lifestyle and social community. Weed TV provides a wide variety of editorial content, videos and entertainment including lead stories, political news, business news on the industry, financial analysis from industry experts, growing tips, cooking tips, a Weed101 section, medical uses, lifestyle features, entertainment specials and merchandise shopping cart offering products and services.
About Players Network:
Players Network is a Television and Digital New Media Company that uses its proprietary Enterprise Web Platform to develop numerous Branded Digital Lifestyle Networks for itself and its partners in a wide range of lifestyle categories. Players Networks current original channels, Players Network, Vegas on Demand, Real Vegas TV, focus on Las Vegas and Gaming Lifestyles and the newest Channel is WeedTV. They are distributed over PNTVs owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visit www.playersnetwork.com
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.
CONTACT:
Media Inquiries:
Lisa Mayo-DeRiso
702.576.2659
Investor Relations
Parker Mitchell
702-575-9157
(DIDG) Signs First Agreement with Vivid Entertainment, LLC
HOLLYWOOD, CA / October 10, 2014 / Digital Development Group (DIDG) continues to add more content to its growing list of programming. With the addition of a new network, The Erotic Film Network (EFN), DIDG will expand its offerings into the world of adult entertainment. The Erotic Film Network, (EFN), has signed a long- term agreement with Vivid Entertainment, the “gold standard” of adult programming. Vivid’s library encompasses over three decades, focused on the videos of premiere adult stars, parodies, as well as multiple forms of adult lifestyle. The programming will be edited for mainstream Internet.
“This bold move towards the adult world is not a change, but an expansion,” said enthused company CEO, Martin W. Greenwald. “The Erotic Film Network, (EFN), is our platform to bring diverse adult content to the Internet. In addition to Vivid Entertainment, we are in the final stage of negotiations with several other noted adult entertainment providers. We are aggregating content from multiple studios, a strategy that allows us to become the hub within the industry. The rights we have acquired, not only affords us the ability to reach US viewers, but also stream content worldwide.”
Safe Harbor Notice
Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). Digital Development Group Corp. cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. Digital Development Group Corp. undertakes no obligation to revise these statements following the date of this news release. Additional details of the Company’s business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission’s (“SEC”) EDGAR database. Please refer to our full disclaimer, which includes our safe harbor statement, by clicking on or copying this link below into your browser: http://www.globenewswire.com/newsroom/ctr?d=10095182&l=9&u=http%3A%2F%2Fwww.movieandmusicnetwork.com%2Fsecfilings
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(GOHE) Announces Planned Buy-Back of Common Stock
Management Believes Stock is Undervalued and a Buyback is in the Best Interests of Shareholders
San Diego, Oct. 10, 2014 — Global Payout, Inc. (OTC Pink: GOHE), an emerging leader in payment solutions, announced today that from time to time the Company intends to purchase up to 1 million (1,000,000) shares of its common stock in this round in the open market. The buyback is being initiated due to management’s belief that the stock is currently undervalued.
CEO Jim Hancock commented, “Never have the market opportunities for Global Payout been so great, and the Board of Directors strongly believes that the Company’s common stock is undervalued at this time. As a result, we feel that now is the time to initiate a stock buyback program.”
This buyback program is a continuation of a stock repurchase program implemented by the Company in 2011.
Global Payout recently closed its acquisition of Maxie Mobile, Inc., a mobile financial services technology provider focused on underserved markets in the United States and globally. The Maxie Mobile app is a universal financial solution on a mobile platform and has existing customers in the telecommunications and hotel and gaming industries. The financial services delivered by the Maxie Mobile app includes bill payment, payroll deposits, check cashing, prepaid phone top up, and cross border remittances. According to the World Bank, global remittances alone are expected to total $581 billion in 2014 and rise to $681 billion for 2016.
About Global Payout, Inc.
Global Payout, Inc. (www.globalpayout.com) is an emerging leader in the financial technology sector serving the needs of the world’s mobile population. With the acquisition of Maxie Mobile, a comprehensive, cloud based payment solution platform built for mobile phones, tablets and computers, the Company is positioned to meet the needs of the estimated billions of unbanked, under-banked and unhappily banked consumers worldwide. The Maxie Mobile app, which operates on all major mobile phone platforms and with all major carriers, gives users secure access to services including bill payment, payroll deposits, cross border remittances, check cashing, prepaid phone top up, and free long distance calling. With an integrated prepaid card, users can purchase products online or at retail locations as well as access cash at ATMs worldwide.
Shareholders who would like to receive email notifications when new information, including press releases, investor newsletters, SEC filings or other information, is disclosed by the Company, are asked to send their names and email addresses to investors@globalpayout.com. Those interested in following the progress of the Company can also engage with @GlobalPayout on Twitter.
Forward-Looking Statements Disclosure:
This press release may contain “forward-looking statements” within the meaning of the federal securities laws. In this context, forward looking statements may address the Company’s expected future business and financial performance, and often contain words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “seeks,” “will” and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risk, and uncertainties, and by reference to the underlying assumptions.
CONTACT: Global Payout, Inc. Investor Relations investors@GlobalPayout.com 1-800-594-4350
(PMBSD) Hemp-Derived-Cannabinoid-Based Non-Prescription Epilepsy Medication Nearly Ready
SCHOFIELD, Wis., Oct. 10, 2014 — PuraMed BioScience®, Inc., (OTCPink: PMBSD), a researcher, developer, and marketer of over-the-counter (OTC) medicinal and healthcare products, announced today that it is nearing the completion of development of its new non-prescription, hemp-based, homeopathic medication for treatment of epilepsy symptoms including seizures and seizure-related headaches.
Both epilepsy and migraines appear to be triggered by the same coritcal spreading depression (CSD) in the brain; the difference is the rate of reaction. This may be why many people who suffer from migraines are prescribed epilepsy medications.
The third most common neurological disorder in the US, epilepsy affects approximately 2.7 million people, with children and older adults being most susceptible. The condition also causes up to 50,000 sudden deaths each year.
Recent research has shown cannabidiol (CBD), one of the hemp-derived cannabinoids, to be an effective therapy in the treatment of epilepsy symptoms.
“By incorporating standardized hemp oil into our current patented, over-the-counter migraine relief formula, MigraPure, we believe we can offer relief to people who not only suffer with migraines, but also offer relief to people who have seizure-related headaches and other epilepsy-type symptoms,” said Russ Mitchell, CEO, PuraMed BioScience. “Due to the close association between migraine headaches and epilepsy, the development of a hemp-based treatment for epilepsy symptoms is a logical step for the Company to make. Hemp-based cannabinoids combined with our experience in building herbal medicines that outperform traditional allopathic treatments fit extremely well with our unique delivery systems and our business philosophy.”
About MigraPure Advanced Migraine Relief
MigraPure (clinically tested as LipiGesic M) is an advanced homeopathic feverfew and ginger gel formulation which has been shown to be highly effective in the treatment of migraine and migraine associated symptoms. MigraPure has an excellent safety profile and has no reported drug interactions. During the double-blind, placebo-controlled clinical trial, participants who suffered acute migraine experienced relief (mild to no pain) in 64 percent of migraine occurrences.
MigraPure (f/k/a LipiGesic M) was also selected as one of 16 formulations and the only over-the-counter medication cited in an article co-authored by Dr. Roger Cady entitled, Advances in Drug Development for Acute Migraine. MigraPure was the only product described by Dr. Cady as “an excellent first-line therapy for very early intervention, as it is compatible with all other acute treatment options.” The article was published in Drugs, a top-tier medical journal.
About PuraMed BioScience, Inc.
PuraMed BioScience engages in the research, development, and marketing of non-prescription medicinal and healthcare products, which often work faster, more effectively, and have fewer side effects than their chemical-based counterparts.
In addition to rebranding LipiGesic M to MigraPure, PuraMed BioScience plans to launch additional hemp-based, cannabinoid-enhanced, anti-inflammatory and anxiolytic products as it moves forward in the development of its cannabinoid product line. www.PuramedBioScience.com
Forward-Looking Statements
This news release contains forward-looking statements regarding PuraMed BioScience, Inc., and its future business plans, which statements involve known and unknown risks and uncertainties. Such risks and uncertainties may cause actual results and future achievements of PuraMed BioScience to be materially different from those implied by these forward-looking statements. PuraMed BioScience has and undertakes no obligation to provide public updates and revisions to these forward-looking statements to reflect any changes in its expectations of future events.
Contact:
PuraMed BioScience, Inc.
Russell Mitchell, Chairman and CEO
715-359-6373
rmitchell@PuramedBioScience.com
(FPFI) Announces Successful Validation of High Pressure Processed New Juices
Soon-to-Be-Launched Harvest Soul Organic Chewable Juice Posts Positive Safety Results From Clinical Validation Studies — Seen as Fresher through Pressure(TM)
ATLANTA, GA–(Oct 10, 2014) – Fresh Promise Foods, Inc. (PINKSHEETS: FPFI), a Georgia-based natural and organic health and wellness company, announced today that Harvest Soul Organic Chewable Juices received validation from independent labs that high pressure processing (HPP), the technology utilized by Harvest Soul to achieve its “Fressurized™” difference, is successful in protecting the juices’ high level of vitamins, nutrients and enzymes while destroying unhealthy bacteria and microorganisms. Harvest Soul Chewable Juices are unique in that they blend 100% organic vegetable and fruit juices with perfectly-sized nuts, seeds and berries to promote the act of chewing which fully enhances nutritious benefits by releasing often-missed essential vitamins, nutrients and enzymes.
Through a series of three independent lab tests, it was confirmed that HPP has met the FDA threshold of a 5-log reduction of all three major pathogens (E.coli O157:H7, Salmonella enterica and Listeria monocytogenes), typically found in organic products like Harvest Soul Organic Chewable Juices. The Company’s environmentally-friendly Fressurized ™ process ensures that their hand-crafted juice blends will retain their “farm-picked” flavor, along with guaranteeing food safety, extending shelf-life and maintaining freshness, all without the use of chemicals or preservatives.
According to Kevin Quirk, CEO of parent company Fresh Promise Foods, Inc., “We’ve worked long and hard, and at great company expense, to ensure that our vitamin-rich chewable juice blends deliver great taste and unbelievable nutritive benefits, while focusing on food safety. We know that our Harvest Soul Chewable Juice Blends, with all the extra fiber and protein gained from crunchy nuts and seeds, will provide a more substantive eating and drinking experience — something we like to call ‘the Chewtrition ™ Revolution.'” Quirk continued, “Studies show that chewing kick starts the digestive process, releasing critical enzymes that help our bodies absorb essential nutrients, ones that are wasted when we mostly rely on drinking our nutrition.”
Harvest Soul is working with legal counsel and anticipates a speedy regulatory path to production as all of the initial groundwork has been laid. The Company’s equipment is poised for production, and after final Dept. of Agriculture approvals, should be producing product within the next 30-60 days, with a significant ramp up planned for the kickoff of the new year, targeting health and wellness initiatives.
About Fresh Promise Foods Inc.:
Based in Atlanta, Ga, Fresh Promise Foods and its subsidiaries seek to be the catalyst to a better quality of life by offering health and wellness solutions that make sense and fit into the everyday lives of all consumers. Focused on three key strategic areas, Food Technology, Consumer Products and Value Added, Fresh Promise Foods will set itself apart from the competition by marrying innovative technology and product development with perceptive marketing and sales service strategy.
About Harvest Soul Inc.:
Harvest Soul Inc., a wholly-owned subsidiary of Fresh Promise Foods, seeks to be a leader in the quality food and beverage business. We are a mission-driven company that aims to set the standards of excellence for food manufacturers. Harvest Soul conducts business in which high standards permeate all aspects of our company and quality ingredients, the latest food technology and great marketing permeate all aspects of our products. Excellence is a state of mind at Harvest Soul.
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of Fresh Promise Foods, Inc./Anthus Life Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
CONTACT:
Fresh Promise Foods Inc.
Email Contact
(SIMH) Sells Almost 100 Caregiver(R) TouchFree(TM) Clinical Thermometers To Fight #Ebola
MIAMI, Oct. 10, 2014 — Sanomedics International Holdings, Inc. (OTCQB:SIMH); “Sanomedics” or the “Company”); a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that the Company’s Thermomedics, Inc. division has shipped the first group of devices to Atlanta Headquarters of the Center for Disease Control (“CDC”) for immediate distribution to selected ports of entry, where touch-free temperatures are destined to identify fevers in arriving travelers from at-risk countries.
Keith Houlihan, President of Sanomedics, noted that “Caregiver TouchFree™ Thermometers are uniquely suited to this type of highly infectious virus, since the method of transfer is via contact with body fluids and contaminated substances from the victims.”
He added that “Thermomedics is pleased to be able to supply this revolutionary instrument for use in the battle against the current threat to the nation’s health and security. Using no probe covers and patient contact means that there is less contaminated waste attributable to the temperature screening process.”
During a television interview Thursday on Miami’s local Fox affiliate WSVN, Houlihan mentioned that authorities have been quick to recognize the technology’s accuracy, safety, and strong clinical documentation.
Thermomedics’ VP of Marketing and Sales, Ron Benincasa, indicated that the speed of the process (1-2 seconds), simplicity of technique (point and press one button), and protection of the temperature-takers make this an ideal tool in this urgent effort.
The Company has dramatically increased production requirements to meet the escalating demand for the Caregiver, not only for the CDC needs, but in response to the growing adoption of these devices in healthcare facilities across the United States.
About Sanomedics International Holdings, Inc.
Sanomedics International Holdings, Inc. (OTCQB:SIMH) is a medical technology holding company that focuses on game changing products, services and ideas — a place where physicians, entrepreneurs, and medical companies can work together to drive innovative technologies through concept, development, and ultimately commercialization. Sanomedics plans to grow existing business organically and through strategic acquisitions specifically relating to healthcare technology and services.
Make sure you are first to receive timely up-to-date information on Sanomedics and its subsidiaries. Sign up for Sanomedics email news alert system today at: http://ir.stockpr.com/sanomedics/email-alerts.
Also be sure to follow Sanomedics on Twitter https://twitter.com/sanomedics and tweet us (@Sanomedics) your questions and comments. We would love to hear from you!
Forward Looking Statements
This press release may contain statements which constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the intent, belief or current expectations of the Company, its directors, or its officers with respect to the future operating performance of the Company. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties (for example, the risk that the acquisition is not consummated), and that actual results may differ materially from those in the forward-looking statements as a result of various factors. The Company’s periodic filings with the Securities and Exchange Commission should be viewed for a complete understanding of risk and uncertainty.
CONTACT: Keith Houlihan info@Sanomedics.com 305-433-7814
(HKUP) iHookup Social Receives Apple App Store Approval for Release
App Store Video Preview to Provide Expanded Visibility
CAMPBELL, CA–(Oct 9, 2014) – iHookup Social, Inc. (OTCQB: HKUP), a mobile – social app that enables singles, groups and the socially active to connect quickly and efficiently in the virtual world, offering local, real life ‘hook-up’ opportunities, is pleased to announce an extremely quick turn around and approval of its new iOS8 enhanced mobile app from the Apple App Store.
The latest version of the Company’s app is now available for upgrade to its current registered user base of 393,000 as well all new customers joining the app for the first time. The array of futures now offered are iPhone 6, 6 plus and iOS8 optimized.
According to a Forbes article (Published on October 5, 2014) Apple is approaching sales of 20 million iPhone 6 and 6 plus models since releasing the new versions last month, showing significant adoption and upgrade rates by Apple customers.
“We are very pleased to learn of Apple’s new device sales increasing rapidly and to have such an expeditious approval of our new version optimized for these devices,” stated Robert Rositano, CEO, iHookup Social. “Not only are we excited about what our team believes is the best version of our app to date, we now have our accompanying video preview that appears in App Store right along with it. iHookup Social is in the first wave of Social apps to have taken advantage of this video preview feature and by increasing visibility, the opportunity to convert an interested viewer into an actual user is a unique advantage for the company.”
From time to time, iHookup Social will provide market updates, news and additional information via its website www.ihookupsocial.com, the Company’s Facebook page and others www.facebook.com/ihookupnow
http://www.glntv.tv/ihookup
iHookup Social, Inc.
iHookup Social, Inc. is a mobile Social Dating App positioned at the intersection of dating, social media and location-based connections.
About iHookup: iHookup endeavors to enable singles, groups and the socially active to connect quickly and efficiently with local, real life ‘hook-up’ opportunities. This is the iHookup difference. Not only does the company’s ever-refining technology help create meaningful connections of all varieties; it also facilitates the real-life meeting and offering-up of locally relevant locations to engage these new connections. These participating venues complete a circle of service that allows iHookup Social to be both matchmaker and concierge, providing a unique opportunity for consumer brands to offer incentives to a growing network of socially active singles and mobile users.
iHookup Social, where real people make real connections… and where real businesses pay to be their host. www.ihookupsocial.com
Cautionary Language Concerning Forward-Looking Statements
This press release contains forward-looking statements. The words or phrases “would be,” “will allow,” “intends to,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” or similar expressions are intended to identify “forward-looking statements.” Actual results could differ materially from those projected by iHookup Social, Inc. The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the iHookup Social’s common stock or its present or future financial condition. The public filings of iHookup Social made with the Securities and Exchange Commission may be accessed at the SEC’s Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. iHookup Social cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, iHookup Social does not undertake, and iHookup Socialspecifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Contact:
Investor Relations & Financial Media:
I.M.I.
888-216-3595
info@integrityir.com
Company
iHookup Social, Inc.
(855) 473-7473
robert@ihookupsocial.com
(MLYCF) Closes Oversubscribed Private Placement, Grants Stock Options
VANCOUVER, Oct. 9, 2014 – American CuMo Mining Corporation (“CuMoCo” or the “Company”) (TSXV: MLY; OTCQX: MLYCF) is pleased to announce that its non-brokered private placement of up to 10,000,000 units (“CuMoCo Units”) at a price of Cdn$0.05 per unit for gross proceeds of up to $500,000 (the “CuMoCo Offering”), announced on August 20, 2014, has been closed and oversubscribed. The Board of Directors approved an increase to the size of the CuMoCo Offering, and the Company has sold a total of 11,000,000 CuMoCo Units for total gross proceeds of $550,000. A portion of the proceeds of the CuMoCo Offering will be applied to reduce the Company’s working capital deficit and the remainder for general corporate purposes.
Each CuMoCo Unit consists of one common share of the Company and one share purchase warrant (a “Warrant”) exercisable to purchase one common share of the Company at a price of Cdn $0.10 per common share until October 9 2016, subject to an acceleration provision whereby the term of the Warrants may be accelerated in the event that the Company’s common shares trade at or above a price of Cdn $0.12 per share for a period of 10 consecutive trading days. In such case, the Company may, at its option, accelerate the expiry date by delivery of notice to the holder and issuing a press release announcing such acceleration, and, in such case, the expiry date of the Warrants shall be deemed to be the 20th day following the later of the date on which the acceleration notice is sent to the holder of the Warrants and the date of issuance of the press release. All securities issued pursuant to the CuMoCo Offering will be subject to a four month hold period, expiring on February 10, 2015.
Insiders and their associated parties, each being a “related party” of the Company (as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”)), have subscribed for a total of 4,170,000 CuMoCo Units, as follows: Shaun Dykes (President, CEO and a director of the Company) and his associated parties, for 2,200,000 CuMoCo Units; John Moeller (a director of the Company) and an associated party, for 1,620,000 CuMoCo Units; Trevor Burns (Vice-President, Corporate Communications, Interim CFO and a director of the Company) for 100,000 CuMoCo Units; and Joseph Baird (a director of the Company) for 250,000 CuMoCo Units. The Company has relied upon the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(a) and 5.7(1)(a) of MI 61-101 based on the fact that the fair market value of the related party participation in the CuMoCo Offering will not exceed 25% of the Company’s market capitalization prior to the closing of the CuMoCo Offering. The Board of Directors approved the participation of insiders in the CuMoCo Offering with the individual insiders who are directors abstaining from voting on their participation.
The Company also announces that it has granted options to purchase up to 300,000 common shares of the Company to each of Thomas Conway and Trevor Burns, the two most recently appointed directors, at a price of $0.35 per share exercisable for a period of five years.
In other financing news, the Company is in advanced negotiations regarding the silver streaming financing announced August 20, 2014 and in discussions with parties interested in providing the funds necessary to complete a Bankable Feasibility Study for the CuMo Project. Further news will be announced if and when agreements are entered into.
About CuMoCo
CuMoCo is focused on advancing its CuMo Project towards feasibility and establishing itself as one of the largest and lowest-cost molybdenum producers in the world as well as a significant producer of copper and silver. Management is continuing to build a strong foundation from which to move the Company and the CuMo Project forward. For more information, please visit www.cumoco.com and www.cumoproject.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.
Forward-looking information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation including, but not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, such the Company’s ability to move its CuMo Project to feasibility and production, and to become one of the largest and lowest-cost molybdenum producers in the world as well as a significant producer of copper and silver. Forward-looking information is based on a number of material factors and assumptions, including the result of exploration activities, the ability of the Company to raise the financing for a feasibility study and to put the CuMo project into production, that no labour shortages or delays are experienced, that plant and equipment function as specified that the Court will not intervene with the Company’s proposed exploration activities at the CuMo Project, and the ability of the Company to obtain all requisite permits and licenses to advance the CuMo Project and eventually bring it into production. Forward-looking information involves known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future prediction, projection or forecast expressed or implied by the forward-looking information. Such factors include, among others, the interpretation and actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of molybdenum, silver and copper; possible variations in grade or recovery rates; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing, as well as those factors disclosed in the Company’s publicly filed documents, including the Company’s Management’s Discussion and Analysis for the period ended March 31, 2014. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
(ZGSI) Establishes Two Operating Subsidiaries
Zero Gravity Solutions, Inc. (ZGSI or the “Company”) (Pink Sheets: ZGSI) announced today that it has established two wholly-owned subsidiaries, BAM Agricultural Solutions, Inc. and Zero Gravity Life Sciences, Inc. BAM Agricultural Solutions has commenced manufacturing, sales and revenue generation through the receipt of commercial-quantity orders for the Company’s first agricultural product, BAM-FX. Zero Gravity Life Sciences will continue ongoing research and development work in conjunction with NASA and other institutions.
The Company has added to its senior management team in order to effectively manage these companies. Mr. Glenn Stinebaugh, who has been involved in sustainable economic development and agricultural projects worldwide for over 25 years, has been named President and CEO of BAM Agricultural Solutions, Inc. Mr. Stinebaugh has been actively involved in the Company’s sales and marketing activities for several months. Mr. Stinebaugh stated, “I have been impressed with the BAM-FX product, its efficacy, place in the market and initial customer response. I plan to implement a robust marketing, distribution and customer support plan and augment the manufacturing infrastructure.”
Mr. Richard Godwin will shift from his position as President and CEO of ZGSI, while remaining a director, to become President and CEO of Zero Gravity Life Sciences, Inc. Mr. Harvey Kaye, currently serving as Chairman of the Board of ZGSI, will assume the titles of President and Interim CEO of ZGSI. Mr. Godwin stated, “This repositioning will allow me to fully focus on our NASA relationships, our research and development for BAM-FX and future products for the Company’s expanding agricultural IP.”
”The Company’s senior management team now has its key officers in the most effective roles to best accomplish the Company’s objectives of rapid revenue generation, the scale up of manufacturing to meet anticipated demand and continuing the ongoing end user customer and NASA sponsored research and development to build the companies’ pipeline of agricultural products,” stated Harvey Kaye, Chairman, President and Interim CEO of ZGSI.
About Zero Gravity Solutions, Inc.
Zero Gravity Solutions, Inc. is an agricultural biotechnology public company commercializing its technology derived from and designed for Space with significant applications on Earth. These technologies are focused on providing valuable solutions to challenges facing world agriculture. ZGSI’s two primary categories of technologies aimed at sustainable agriculture are: 1) BAM-FX™, an organic, cost effective, ionic nutrient delivery system for plants and 2) Directed Selection™, utilized in the development and production, in the prolonged zero/micro gravity environment of the International Space Station, large volumes of Non-GMO, novel, patentable stem cells with unique and beneficial characteristics. Additional information may be accessed at www.zerogsi.com.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, acceptance of the Company’s products, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party suppliers, and other risks detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission.
(KIWB) Operational Update For The Third Quarter 2014
NEW YORK, Oct. 9, 2014 — Kiwibox.com [“Kiwibox” – KIWB.OB] is pleased to announce the activity and user development in the third quarter ended September 30, 2014.
THIRD QUARTER OPERATIONAL HIGHLIGHTS OF KIWIBOX GROUP
- Active Members – 3.13 Million as of September 30, 2014, an increase of 12 % and 9 % from the 2nd quarter 2014
- New Registrations – 261,584 in 3rd quarter 2014, an increase of 11 % from the 2nd quarter 2014.
- Unique Visitors – 4.92 Million in 3rd quarter 2014, an increase of 12 % from the2nd quarter 2014.
- Page Impressions – 532 Million in 3rd quarter 2014, an increase of 4.1 % from the 2nd quarter 2014.
- Guestbook Entries – 37 Million as of September 30, 2014, an increase of 3.1 % from the 2nd quarter 2014.
- Blog Entries – 36.1 Million as of September 30, 2014, an increase of 2.2 % from the 2nd quarter 2014.
“Even in the tough summer market, when everyone has decreasing numbers due to weather and outdoor activities, the Kiwibox Network enjoyed continued growth in all areas. During the high peaks of activity last quarter, the Kiwibox.com website itself had up to 6,000 new registrations per day,” said Andre Scholz, CEO and President of Kiwibox. “This was only possible by virtue of our concentrated data and knowledge exchange alliance with our affiliate, the KWICK! Community based in Germany and its subsidiary a global Internet Service Provider.”
Kiwibox.com expects to report its 3rd quarter 2014 financial results around October 30th, 2014.
Market Position
The Kiwibox Network is in a unique position because it combines the excitement of a dating community with the benefits and accessibility of a real social network. The Kiwibox network encourages members to explore local events in their area, connect with other members and enjoy the additional member exclusive benefits the social network is offering, like games, blogging, chatting, picture-sharing and online-flirting.
Technology Development
The Kiwibox network is focusing on the fast growing mobile usage phenomenon. The Kiwibox Network has released multiple Updates in the 3rd quarter for its iOS and Android Applications. At present, more than 500,000 company Apps are installed in the marketplace. Kiwibox plans to release several more monthly updates for its existing Apps and another two new mobile Apps by the end of the year. The company plans to integrate online shopping features with benefits for its members in 4th quarter 2014.
About Kiwibox.com: Company History
Kiwibox.com was initially founded in 1999 to give teenagers a voice on the Internet and was a leader in the teen oriented world for several years. In August 2007, the company was bought by Magnitude Information Systems, Inc., a publicly listed company. In the first quarter of 2011, Kiwibox.com acquired Pixunity.de a photo blogging community. On September 30, 2011 Kiwibox.com acquired the German social network community KWICK!, finalizing the acquisition in May 2012 and currently our 20% owned German affiliate. Kiwibox common shares are listed on the over-the-counter, Bulletin Board market under the symbol KIWB.OB.
This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results, depending on a variety of factors, which include but are not limited to, statements regarding the company’s potential acquisitions, its ability to obtain financing for these acquisitions, its ability to integrate any acquisition into its business and operations and manage such processes, its ability to expand its membership, users and internet brand and its projected financial results. The company’s actual results could differ materially from those predicted or implied and reported results should not be considered as an indication of future performance. Factors that could cause or contribute to such differences include, but are not limited to: the after effects of the global economic downturn, changes in political, business and economic conditions, including any conditions that affect ecommerce growth; fluctuations in foreign currency exchange rates; the company’s ability to deal with the increasingly competitive ecommerce environment, including competition for its targeted internet audiences, potential advertisers and, in general, from other social networks; the company’s need and ability to manage other regulatory, tax and litigation risks as its services become offered in more jurisdictions and applicable laws become more restrictive; any changes the company may make to its market approach and offerings; the company’s ability to upgrade and develop its systems, infrastructure and user-member service capabilities at reasonable cost; and the company’s ability to maintain site stability and performance on its site while adding new products and features in a timely fashion. The forward-looking statements in this release do not include the potential impact of any acquisitions or divestitures that may be announced and/or completed after the date hereof.
(ESPI) Establishes Credit Facility With Transfac Capital
New Credit Line Provides Up to $4M in Financing With Reduced Cost of Capital Over Previous Line
LAFAYETTE, La., Oct. 9, 2014 — ESP Resources, Inc. (OTCQB:ESPI), an oil and gas services company, announced that its wholly-owned subsidiary, ESP Petrochemicals, Inc. (collectively, the “Company”), has entered into a factoring agreement for up to $4,000,000 (the “Agreement”) with Transfac Capital, Inc. (“Transfac”). The Agreement replaces the Company’s previous factoring facility that carried a higher interest rate.
David Dugas, President & CEO stated, “When we decided in early 2013 to discontinue certain non-core divisions and focus on our core production petrochemical business, our expectation was that we would gain new customers. We are pleased to announce that we have been successful in those efforts with the acquisition of 11 new customers in the regions of South Louisiana, North and South Texas and Southern Oklahoma. With the acquisition of these new customers, our revenue has increased substantially in this third quarter of 2014 compared to the third quarter last year. We anticipate the same positive trends in the coming quarters and the continued improvement of our cash flows and gross margins.” Mr. Dugas continued, “This new credit line with Transfac bolsters our working capital needs so that we can support our supply chain and service our pipeline of business with new and existing customers.”
More information regarding the Agreement is incorporated by reference to the Company’s Current Report on Form 8-K, as filed with the SEC on October 8, 2014.
About ESP Resources, Inc.
ESP Resources, Inc. is a publicly traded oil and gas services company headquartered in Lafayette, Louisiana. The Company manufactures, blends, distributes and markets specialty chemicals and analytical services to the oil and gas industry. The Company’s senior management has over 100 years of combined operating experience in the oil and gas services industry. More information is available on the Company’s Website at www.espchem.com.
Legal Notice Regarding Forward-Looking Statements
This press release contains “forward looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Forward looking statements are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “aims”, “potential”, “goal”, “objective”, “prospective”, and similar expressions or that events or conditions “will”, “would”, “may”, “can”, “could” or “should” occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and actual results could differ materially from those in such forward-looking statements.
Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release. In evaluating these statements, you should consider the risks discussed, from time to time, in the reports we file with the U.S. Securities & Exchange Commission. For a discussion of some of the risks and important factors that could affect the Company’s future results and financial condition, see the Company’s Form 10-Ks and 10-Qs on file with the U.S. Securities & Exchange Commission.
CONTACT: David Dugas President and Chief Executive Officer ESP Resources, Inc. david.dugas@espchem.com (337) 706-7056
(WTCG) Subsidiary, AdMedia Group, Inc., Starts Indiegogo Crowdfunding Campaign
HUNTINGTON BEACH, CA–(Oct 8, 2014) – W Technologies, Inc. (PINKSHEETS: WTCG) (www.wtechnologies.biz) announced today that its wholly-owned subsidiary, AdMedia Group, Inc., has commenced an Indiegogo crowdfunding campaign. The link to the Indiegogo campaign site is https://www.indiegogo.com/projects/828635/emal/7966876
AdMedia is seeking to raise up to $100,000 in new capital to expand its digital signage advertising services program. The funds raised will go towards the acquisition and installation of new high definition digital televisions at additional locations in Orange County, California, each of which will run the AdMedia Digital Signage software.
Ross Ricks, President of Ad Media, said, “We offer both mobile device and digital signage advertising services to effectively reach customers for your business. Digital Signage represents a powerful new local and national advertising media that is proving to be highly-effective in delivering more customers to your business. Advancements in technology for televisions and new software have greatly enhanced the cost effectiveness and lasting impact of Digital Signage advertising. Digital Signage advertising also is environmentally friendly compared to print-based advertising.”
Contributors to the crowdfunding campaign will be rewarded with gifts, with the higher end contributions earning banner advertising time on AdMedia’s expanding network of digital televisions.
About W Technologies, Inc.
W Technologies, Inc. (www.wtechnologies.biz), whose stock is publicly traded under the symbol (PINKSHEETS: WTCG), is a diversified holding company with the mission to develop, manage and finance emerging companies. W Tech will be involved in the development of new social media and digital advertising technologies, on-line shopping and payment solutions, new environmentally-safe oil and gas recovery technologies, new clean water technologies, financial services involving residential and commercial real estate and other emerging markets. The Company expects to bring a paradigm shift in the use of these new technologies in the respective business sectors and to develop new methods to finance its affiliated companies. Through its subsidiaries and affiliates with their experienced personnel, W Tech will seek to grow through acquisitions, joint marketing arrangements and organic growth in emerging markets.
Precautionary and Forward-Looking Statements
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude or risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company’s disclosures or filings with OTC Markets, Inc. You are further cautioned that stocks of smaller companies like W Technologies, Inc. are inherently volatile and risky and that no investor should buy this stock unless they can afford the loss of their entire investment.
Contact:
W Technologies, Inc.
Investor Relations
800-850-9601
(EGTK) Receives State Permit to Deliver Natural Gas in Vermont
– Energtek North Country Inc. given green light by the State of Vermont, whose Public Service Board issues a permit to provide natural gas to small and mid-size enterprises via truck delivery using unregulated rates.
NEW YORK, Oct. 8, 2014 — Energtek Inc. (OTC BB: EGTK), a leader in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, has been informed that Energtek North Country Inc. (“ENCI”), received an important regulatory ruling from the Vermont Public Service Board. ENCI is pleased to announce that the Vermont Public Service Board exercised its discretion to allow “competitive market forces to control rates, service quality, and reliability” for ENCI’s commercial and industrial natural gas customers, especially to small and mid-size enterprises, rather than using regulated rates.
As a result, ENCI plans to provide natural gas to commercial and industrial customers via truck delivery in the State of Vermont without Board oversight of its rates, management, or the construction of its proposed natural gas compression facility in Swanton, Vermont. In its October 1, 2014 ruling, the Board stated that ENCI’s plan to supply natural gas to customers without pipeline access will compete with propane and other trucked fuels, relying on market forces to control price and service quality.
Timothy Nulty, ENCI’s CEO, stated, “We are excited to bring trucked natural gas to these markets. We believe our innovative technology will allow our customers to save money today and profit from the price, efficiency, and environmental advantages of natural gas over competing fuels, without waiting for pipeline distribution infrastructure to be permitted and constructed.”
Added Yoav Krill, Energtek’s CEO: “We are reaching our goals as spelled out in our business plan, and Vermont will be one of the first states where we begin operations. We sincerely thank the successful efforts of our ENCI management and legal teams for receiving the necessary the state rulings allowing deliveries of natural gas to our customers in 2015.”
About Energtek
Energtek develops and applies innovative mobile transportation solutions for small, mid-size and large industrial, residential and agricultural consumers and NGV. Energtek operates subsidiaries in North America, Europe and Asia.
To learn more about Energtek, visit the newly revamped website: www.energtek.com
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of Energtek and its technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and other matters set in Energtek’s filings. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.
Contacts:
Investor Relations
IR@energtek.com
(212) 999.6202
(ESFS) Large Follow-On Orders Throughout Restaurant Industry for Eco-Safe Systems
LOS ANGELES, CA–(Oct 8, 2014) – Eco-Safe Systems USA, Inc. (PINKSHEETS: ESFS) is pleased to announce building demand with ever increasing orders for its advanced R-Series restaurant systems.
Michael Elliot, CEO of Eco-Safe, stated, “Based on the extremely favorable responses to the systems just installed in major restaurant chains, we have just received follow-on orders for another 22 restaurants. This is slated to lead to increasingly rapid and larger-scale expansion in 2015 and 2016 throughout the remainder of their U.S. installations.”
Elliot continued, “Some of these follow-on orders are for our restaurant clients in the Middle East and Mexico. Coupled with our pending proposals, Eco-Safe stands to reap the benefits of what it has built over the years. In part, this has been made possible by the fact that all of the company’s systems are NSF Registered, a must for food safety issues. We look forward to continued updates on our process of expansion and growing sales, as vetting of Eco-Safe’s technology by an industry leader is key to our future.”
About Eco-Safe Systems:
Eco-Safe Systems, based in Los Angeles, is the manufacturer of patent pending water treatment and water reclamation systems. Our technologies produce ozonated water for food disinfection and water purification at significantly less maintenance cost and greater energy savings than our competitors in a completely green and organic manner. We currently offer supermarkets and restaurants a cost-effective way to safely extend the shelf-life of meat, poultry, seafood, fruits and vegetables. All Food Industry products are National Sanitation Foundation, International (NSF) Registered. Please visit us at www.ecosafeusa.com for more information.
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Eco-Safe Contact:
Michael Elliot
CEO
Eco-Safe Systems USA, Inc.
www.ecosafeusa.com
Email Contact
(BLPG) to Present at International Cannabis Association Conference in New York
DENVER, CO–(Oct 8, 2014) – Blue Line Protection Group, Inc. “Blue Line” (OTCBB: BLPG) (OTCQB: BLPG), a leader in providing regulatory compliance, security consultation and protection services to high-value asset industries, today announced that it will present its compliance and protection expertise at the International Cannabis Association (ICA) conference this weekend in New York City.
Daniel Sullivan, Blue Line’s Vice President of Sales and Training, will be presenting information on the current state of the lawful cannabis industry, the importance of maintaining local and federal compliance, and strategies businesses can adopt to help them obtain legitimate banking services. He will speak on Monday, October 13th at 10:30 a.m. The ICA conference is October 11th – 13th at the Marriott Marquis at Times Square.
“It’s a privilege for me to be able to share Blue Line’s expertise in the lawful cannabis industry with the International Cannabis Association,” said Mr. Sullivan. “With the passage of its Compassionate Care Act, New York recognizes the fact that the lawful cannabis industry is coming to the Big Apple, and we can bring our unparalleled protection and compliance experience to New York and help establish a safe, responsible and legitimate industry.”
The International Cannabis Association provides educational conferences and networking events to professionals operating in the cannabis industry, bringing together experts from across the cannabis industry and providing a framework for business-to-business networking. Its previous conference, held last June in Las Vegas, welcomed nearly 1,000 entrepreneurs and industry professionals and provided a venue for educational presentations from 35 speakers from around the country.
Blue Line is an official sponsor of the International Cannabis Association conference in New York City and will have staff at booth #403 to answer questions about the cannabis industry. “We’re here to stress to these cannabis business entrepreneurs the importance of being industry-compliant, keeping their licenses and being able to bank their cash,” said Sean Campbell, Blue Line’s Chief Executive Officer. “There’s only a potential of five cannabis producers and 20 dispensaries to be licensed by the state of New York, so it’s important that these business owners really understand what it takes to develop a legitimate, compliant and successful business model.”
The New York City ICA conference will be even larger than its Las Vegas conference, featuring over 65 exhibitors, industry experts, lawmakers, lawyers and physicians related to the industry. New York Senator Diane Savino, who spoke at the Las Vegas conference, is also scheduled to host a regulatory panel at the New York conference on the afternoon at 2:00 p.m. on October 12th. Mr. Campbell and Mr. Sullivan will be attending a fundraiser for Senator Savino that evening at 5:30 p.m.
“As the largest and most experienced cannabis protection agency, we’ve worked with numerous lawful cannabis cultivation facilities and dispensaries in several states,” said Mr. Sullivan. “Through our consultation services, we’ve developed security and transportation strategies that have helped them obtain their state-issued cannabis licenses. We continue to work with those clients to help them maintain their licenses. Using this model, we can establish consistent, professional and compliant operational procedures for cannabis businesses across the entire United States.”
For more information on the International Cannabis Association, visit www.InternationalCannabisAssociation.com.
About Blue Line Protection Group, Inc.
Blue Line Protection Group provides secured transportation, state and federal regulatory compliance, security consultation and training, and professional protection services to high-value asset industries. The company’s security operators, investigations personnel and consulting staff are highly trained professionals with significant experience in law enforcement and the United States armed forces. For more information, visit www.BlueLineProtectionGroup.com.
Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact
Blue Line Protection Group, Inc.
800-844-5576
Media@BlueLineProtectionGroup.com
(LEXG) CEO Distributes October Newsletter
SCOTTSDALE, AZ–(Oct 8, 2014) – Lithium Exploration Group Inc. (OTCQB: LEXG) CEO Alex Walsh discusses ongoing business activity in his October 2014 newsletter:
Dear Shareholders,
Later today we will be filing our June 30, 2014 10K. This is obviously a time-consuming effort, as busy as we have been over the past 12 months. However, it is a much more thorough and appropriate way for you to extract information about our company than a monthly letter to shareholders.
In the most recent fiscal year, we have acquired two waste disposal facilities and successfully tested the ultrasonic generator into which we have invested significant time and resources. The quarter ending June 30, 2014 will see the first meaningful revenue that we have generated as a company since our inception. Over the past month, we have retired almost half of the debt that we took on in March to complete the Tero Oilfield investment, and we have raised additional capital to take on a larger stake in the company beginning January 2015.
I think that we are in fantastic shape to move our business forward. We have two disposal facilities in Alberta and interest in a technology that has numerous industrial applications which will save customers money in areas as diverse as water treatment and steam generation.
Our market capitalization is not so fantastic. Competing firms such as Secure Energy, Clean Harbours, and Newalta, are much larger than we are, but trade publicly at 30 to 50 times earnings. I believe that we will be able to justify a market cap over $100 million in the next 12 to 18 months. This opinion is based upon the direction we are headed, a comparison with other public companies, and the added value that we bring to waste disposal and oil treatment with the ultrasonic technology. I realize that this may seem farfetched, but if you look at the competition and the way they got started, we are not far behind — and none of them had a potentially game-changing technology in their arsenal.
Enjoy the 10K and look for a more detailed update on our progress next month.
Sincerely,
Alex Walsh
CEO
Lithium Exploration Group
About Lithium Exploration Group
Lithium Exploration Group is a US-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently the company is focused on its Western Canada lithium assets, testing its Ultrasonic Generator Technology and the acquisition of oil and gas related assets in Western Canada. Lithium Exploration Group is a fully reporting company traded on the OTCQB under the symbol LEXG. Website: www.lithiumexplorationgroup.com.
Safe Harbor Statement
This news release contains “forward-looking statements”. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future testing of the ultrasonic technology.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of lithium prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact Info
Ten Associates, LLC
Tom Nelson
480-326-8577
info@lithiumexplorationgroup.com
(BFRE) Master EPC Contract w/ China 3 Gorges Corp. For Fulton, MS Cellulosic Ethanol Facility
IRVINE, Calif. and BEIJING, Oct. 8, 2014 — BlueFire Renewables, Inc. (OTC:BFRE), a company focused on changing the world’s transportation fuel paradigm through the production of renewable fuels announced that it has finalized and signed a new Master Engineering, Procurement and Construction (EPC) contract for its planned cellulosic ethanol facility in Fulton, MS. The contract is with the China International Water and Electric, subsidiary of China Three Gorges Corporation (CTG), one of the world’s largest companies and China’s largest renewable energy company.
“This contract is truly the first of its kind in the United States,” stated Arnold Klann, CEO of BlueFire Renewables, Inc. “It not only provides the backing of a large multinational company with the expertise to manage the execution of the construction of the facility but also sets up a cooperation blueprint for BlueFire and China Three Gorges to work together on other projects and financing. The Master EPC structure will utilize a US based EPC Contractor to be the onsite engineering, procurement and construction team using local suppliers and craftsmen generating much needed local revenues for Itawamba County and the surrounding region.”
The contract is to provide cost savings by leveraging China Three Gorges’ relationships and experience to complete the Fulton project. CTG was responsible for building the largest hydro electric dam in the world that went into operation in 2008 as well as other energy and infrastructure projects globally.
“CTG’s support of this important commercial project is consistent with China’s goals to advance the use of non-food biomass to produce renewable fuels, power and chemicals in cooperation with the U.S. all the while helping the environment,” said Lin Chuxue, Executive Vice President of CTG. “We see this relationship with BlueFire and Arkenol as an important step in bringing renewable cellulosic fuels and chemicals to China’s burgeoning marketplace. We will be the leader in bringing China clean and renewable energy that reduces the nation’s carbon footprint significantly and creating jobs both in the United States and China.”
Klann stated that this contract provides BlueFire a pathway for financing solutions in the US and opens opportunities in China. “With a seasoned team from a company like China Three Gorges now involved with the project, it opens the door to financing opportunities in China previously unavailable to us.” said Klann.
The companies will continue to work together to identify other opportunities and to cooperate on a global scale.
The Fulton, MS project will allow BlueFire to utilize green and wood wastes available in the region as feedstock for the ethanol plant that is designed to produce approximately 19 million gallons of ethanol per year.
About BlueFire Renewables, Inc.
BlueFire Renewables, Inc. was established to deploy the Arkenol patented and proven Concentrated Acid Hydrolysis Technology Process for the profitable conversion of cellulosic waste materials (“Green Waste”) to renewable fuel sources. BlueFire has demonstrated production of Biofuels from urban trash (post-sorted MSW), rice and wheat straws, wood waste and other agricultural residues.
BlueFire’s biorefineries will be located near markets with high demand for ethanol and will use locally available biomass. This should dramatically reduce delivery costs and increase biofuel supplies, while providing a unique waste processing technology to help America’s cities better manage the increasing problem of overflowing landfills. For more information, please visit www.BFREINC.com
About China Three Gorges Corporation
China Three Gorges Corporation was founded in 1993 to develop and build the hydroelectric power plant on the Yangtze River. The facility built was the Three Gorges Dam, which is the largest dam ever built. Following the success of that project the company expanded into multiple areas of development, construction, and asset management.
China Three Gorges Corporation employs over eleven thousand employees and has 11 subsidiaries. They range from electricity generation, renewable energy generation, solar and wind power plants, construction, engineering, and financial companies. The company is not only the largest utility in China but also one of the world’s largest companies.
Forward-Looking Statements
Statements about BlueFire Renewables expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are “forward-looking statements” within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. BlueFire’s actual results could differ materially from expected results. BlueFire undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; BlueFire will appropriately inform the public.
This press release includes statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act”). BlueFire Renewables, Inc. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms “may,” “believes,” “projects,” “expects,” or “anticipates,” and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: our successful development and deployment of ethanol production facility or facilities, impact of the company’s expansion plan, and new business development success, future financial results, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the expectations contained in any such forward-looking statements. These risks include, but are not limited to: failure to manage operating expenses or integrate new facilities and/or technologies, each of which could have a material impact on our business, our financial results, and the company’s stock price.
These risks and other factors are detailed in the Company’s regular filings with the U.S. Securities and Exchange Commission. Most of these factors are difficult to predict accurately and are generally beyond the Company’s control. Forward-looking statements speak only as to the date they are made and BlueFire Renewables, Inc. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CONTACT: Company Contact: Richard Klann BlueFire Renewables, Inc. rgklann@bfreinc.com 949.588.3767, ext. 411
(PYDS) Predicts Record Yearly Revenues and Income
Payment Data Systems Announces Record Transaction Growth for the Third Quarter of 2014
SAN ANTONIO, Texas, Oct. 7, 2014 — Payment Data Systems (OTCQB:PYDS), an integrated electronic payments solutions provider, announced today that it achieved all-time records related to transactions processing in the third quarter of 2014.
Total dollars processed for the third quarter of 2014 set a new record for the company exceeding $796,000,000.
Credit card processing volumes third quarter of 2014 were the second highest in the history of the company for quarterly transaction volumes. Credit cards dollars processed during third quarter of 2014 were up 16% over the same time period in 2013. Credit cards transactions processed during third quarter of 2014 were up 59% over the same time period in 2013.
The third quarters of 2014’s electronic check transaction volumes were up 2% and returned check transactions were up 19% as compared to second quarter of 2014.
Michael Long, CEO, said, “I am very pleased with the company’s tremendous growth in transactions this year. It should be noted that in early September a number of our sales agreements came up for renewal; we were able to renew all affected agreements with higher profit margins. The new margins had positive effects on earnings during the last month of the third quarter and will also create positive changes in earnings for the fourth quarter and into the foreseeable future. The fourth quarter is traditionally our best quarter of the year for transactions processed. We expect charitable giving to be up this year and our large customer base of churches and charities should lead to record transactions in Q4. We look forward to closing out the year with record annual revenues and income.”
Our quarterly earnings for the third quarter of 2014 are anticipated to be released in our 10Q report on or about November 14, 2014.
About Payment Data Systems, Inc.
Payment Data Systems is an integrated payment solutions provider to merchants and billers. The organization provides an extensive set of products to deliver world-class payment acceptance. Payment Data has solutions for merchants, billers, banks, service bureaus and card issuers. The strength of the company is its ability to offer specifically tailored solutions for card issuance, payment acceptance and bill payments.
For additional information, visit www.paymentdata.com. Contact Michael Long for Investor Relations information at 210.249.4040 or email at ir@paymentdata.com.
Website: http://www.paymentdata.com, www.ficentive.com, www.zbill.com
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FORWARD-LOOKING STATEMENTS DISCLAIMER:
Except for the historical information contained herein, the matters discussed in this release include certain forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding our and management’s intents, beliefs and expectations, such as statements concerning our future and our operating and growth strategy. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, the factors detailed from time to time in our filings with the Securities and Exchange Commission. One or more of these factors have affected, and in the future could affect, our businesses and financial results and could cause actual results to differ materially from plans and projections. We believe that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to our management. We assume no obligation to update any forward-looking statements, except as required by law.
CONTACT: Michael Long Investor Relations 210.249.4040 ir@paymentdata.com
(ZMRK) Renowned Jewelry Company Appoints New Board
LOS ANGELES, Oct. 7, 2014 — Zalemark Holding Company, Inc. (OTC:ZMRK), the renowned award winning jewelry design, product development, manufacturing and branding company announces the appointment of new board of directors effective October 1st, 2014.
Zalemark’s new board will consist of, Warren K. Nobusada as CEO, President & Chairman of the Board, Ray Ruiz, COO & Director, Caren Currier, CFO & Director, Tina Neukirch, Director, Ernest Martel, EVP & Director, Ed Mims, Director, and Ron Chavez, Director. Steven Zale will remain permanently as Chairman Emeritus.
Russell Brown, Zalemark’s licensing liaison states, “Zalemark anticipates announcing a new major license deal with one of the most recognized brands in the world. This deal is projected to be on a magnitude and scale that will be, perhaps, the largest and most creative deal the jewelry industry has ever seen.”
Zalemark’s President, Warren Nobusada states, “Zalemark is excited to have new board members with extensive business experience just in time for the implementation of our strategic corporate plan. This plan includes moving Zalemark’s stock offerings to a higher level of the stock exchange and becoming a fully reporting company, engaging in exciting new licensing adventures.”
About Zalemark Holding Company, Inc.- Zalemark Holding Company, Inc. is a publicly traded OTC company under the symbol, “ZMRK”. Zalemark is an award winning product design, development, manufacturing and distribution Company. Zalemark also operates, stevenzale.com, LuxTV, Inc. dba Luxury Brands Group, Demeter® Brand, Divas Choice™ Brand, Dog Boxer Brand™, and Compralux Hispanic Shopping Network™. These brands are widely known for their, “Mark of Quality” the companies’ tag line and quality standard incorporated in all aspects of their business.
Safe Harbor Statement
Forward Looking Statements: This release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 concerning Zalemark Holding Company, Inc. business, operations, and financial performance and condition. When used on this release, the words “believe”, “anticipate”, “intend”, “estimate”, “expect”, “project” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. These forward-looking statements are based on current expectations and are naturally subject to uncertainty and changes in circumstances that may cause actual results, including earnings per share guidance, to differ materially from those expressed or implied by such forward-looking statements. Factors that may cause such differences include but are not limited to technological change, regulatory change, the general health of the economy and competitive factors. Many of these factors are beyond the Company’s control; therefore, future events may vary substantially from what the Company currently foresees. You should not place undue reliance on such forward-looking statements. Zalemark Holding Company, Inc. is under no obligation to update or alter such forward-looking statements whether as a result of new information, future events or otherwise. Unless otherwise indicated all dollar references herein are in U.S. dollars.
CONTACT: Ernest Martel, EVP info@zalemark.com TEL: 818. 582. 2477
(GOLDF) Expands its Business Model to Include Recycling Monazite in Elliot Lake
TORONTO, ONTARIO–(Oct 7, 2014) – Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) (“Pele” or the “Company“) today announced an expansion of its business model to include recycling of high-grade rare earth bearing monazite, in Elliot Lake.
“We firmly believe that Canada can be a global leader in the sustainable production of critical rare earths. Key to realizing that vision is establishing a relatively low cost, early-to-market rare earth supply,” stated Pele President and CEO Al Shefsky. “The very high grades of rare earths contained in monazite can facilitate substantial production from relatively low tonnage, allowing for sharply lower CAPEX and OPEX than a large-scale mine. The metallurgical processes are well-established, which can reduce both technical risk and ramp up times considerably.”
The expansion of Pele’s business model is designed to achieve relatively low cost, early-to-market critical rare earth production in Elliot Lake, Ontario, the same location as Pele’s Eco Ridge Mine Rare Earth and Uranium Project (“Eco Ridge“). The monazite will be sourced from mineral sands mine tailings in countries that embrace sustainable mining practices and are allied trading partners with Canada.
“We appreciate the enthusiastic local support for Eco Ridge and the previous public expression of support from the Mayor and Council of the City of Elliot Lake,” added Mr. Shefsky. “For years the Mayor has suggested that we consider recycling mine tailings as a sustainable approach to re-establish rare earth production, to create jobs and economic development in the community. Given prevailing market conditions, the expansion of our model to include recycling monazite is a natural evolution of that idea.”
“Elliot Lake is Canada’s only proven historic critical rare earth mining camp and offers many competitive advantages as the hub of an early-to-market rare earth supply chain,” stated Rick Hamilton, Mayor of Elliot Lake. “We are encouraged by Pele’s decision to build on our many strategic, operational, and logistical advantages to pursue this compelling business opportunity. We welcome responsible business development in Elliot Lake.”
Pele is engaging with government, local First Nations, industry leaders, and academia to advance the sustainable development of Canada’s first critical rare earth supply chain.
Following a recent round table discussion on sustainable development in the Territory, which included Pele’s participation, Chief Isadore Day, Wiindawtegowinini of Serpent River First Nation stated, “Our vision is to move forward together in the Territory and to ensure that any development advances in a way that safeguards the environment and delivers benefits that can support a good life for our people. Our Treaty with the Crown remains sacred”.
Mr. Shefsky concluded, “Commercial processing of monazite has been achieved by several companies and was historically a primary source of rare earths. We have long characterized the goal of being early-to-market with critical rare earths outside of China, as a ‘race’. We believe that this expansion of our business plan will help us to win that race in Canada and, ultimately, support the development of Pele’s rare earth and uranium mine at Eco Ridge as markets improve.”
About Pele
Pele Mountain Resources is leading the sustainable development of an early-to-market critical rare earth supply chain in Elliot Lake, Ontario. Pele owns a 100-percent interest in the Eco Ridge Mine Project in Elliot Lake, where large NI 43-101 rare earth and uranium resources provide Pele shareholders with exposure and leverage to uranium and rare earth prices. With excellent regional infrastructure, and strong local support, Eco Ridge is an ideal location for the development of a safe, secure, and reliable supply of critical rare earths and uranium. Pele’s shares are listed on the TSX Venture Exchange under the symbol “GEM” and on the OTCQX under the symbol “GOLDF”.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe Pele’s future plans, objectives or goals, including words to the effect that Pele or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
Shares Outstanding: 173,523,598
Pele Mountain Resources Inc.
Al Shefsky
President
(800) 315-7353
www.pelemountain.com
(THNS) Gears Up for Growth, Upgrades Facility, Grows Engineering Team By 100%
Company to grow engineering team by 100%, upgrade to larger facility in Pune’s IT hub
PORT ORANGE, Fla., Oct. 7, 2014 — Thinspace Technology Inc. (OTCQB: THNS; “Thinspace” or the “Company”), a global provider of reliable, scalable and affordable application delivery, virtualization, and cloud client technology to public and private sector companies and organizations of all sizes, today announced that in preparation for next generation innovation and product development growth, the Company is expanding its engineering capabilities, hiring new engineers and staff, and upgrading to a larger development facility located in the Baner Infotech area of Pune, India.
Considered “Oxford of the East,” Pune is equipped with over a hundred education facilities and universities attracting IT talent from all over the world. The Baner area of Pune, specifically, is known to be its center of IT, with nearby Mumbai attracting new infrastructure investment. Thinspace’s new development center, idyllically positioned adjacent to Rajiv Gandhi Infotech Park, one of the most famous IT hubs outside of Bangalore, covers approximately 2500 square feet and can seat up to 50 engineers, up from the current 20, reflecting a capacity increase over 100%.
Thinspace Technology CTO, Vijender Yadav, stated, “With a large pool of talent and good mix of experienced engineers combined with fresh college graduates, Pune is a great location to hire personnel and run technology focused engineering teams like ours. We are looking at doubling our team from 20 to 40 in next couple of months in order to better accelerate product development and improve employee satisfaction. The new facility is currently ready and operational.”
“We are excited to move to a larger development facility in Pune’s technology area. This upgrade should work to improve our productivity, as well as help us attract and retain top notch, world-class talent,” commented Thinspace Technology Chief Executive Officer, Chris Bautista. “Not only does this expansion to a larger center and increase in engineers demonstrate our continued path to growth, but also it reflects our continued commitment and focus on providing customers with only the best in next generation product development and innovation.”
The Company filed its Quarterly Report on Form 10-Q for the three months ended June 30, 2014 on August 14, 2014, reporting revenue of $2.593 million, up 871% from the comparable 2013 period. For more information on Thinspace’s performance in the second quarter 2014, please see the Company’s most recent Form 10-Q on file with Securities and Exchange Commission.
Thinspace Technology operates in high growth B2B markets of application delivery, virtualization and cloud client technology that make it easier, more flexible and more affordable for companies and IT Managers to conduct and streamline computing operations securely from any server – anywhere in the world. IDC predicts that 2014 is the year where desktop virtualization is going to become main stream given its advantages currently in demand: low cost, flexibility, secure and green. According to Gartner research, the global desk top virtualization market is expected to surpass $65 billion in 2015.
About Thinspace Technology Inc.
Thinspace Technology Inc. is a global provider of reliable, scalable and affordable application delivery, virtualization, and cloud client technology to public and private sector companies and organizations of all sizes. Operating on the belief that application delivery and cloud computing solutions should be flexible, dynamic and above all, simple to use, Thinspace understands and is passionate about solving customer problems affordably in the most efficient and effective manner possible. The Company’s list of private and public sector customers include NASA, PWC, Deutsche Bank, Toyota, as well as, NHS, local councils, universities, schools, and housing associations. With over 5,000 enterprise customers worldwide, Thinspace is recognized as a leading player in application delivery, virtualization, and cloud technology markets. The Company is headquartered in Port Orange, Florida with international offices in U.K., Canada, and India. For more information on the Company, please visit www.thinspace.com.
Forward-Looking Statements:
This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
The Company is subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including the section entitled “Risk Factors” in its Annual Report on Form 10-K for the year ended December 31, 2013.
Investor Relations
Email: lauren@choosewindmill.com
Phone: 855-371-3936
(EFOI) Receives Another Record Order for the U.S. Navy
SOLON, Ohio, Oct. 7, 2014 — Energy Focus, Inc. (Nasdaq:EFOI), a leader in LED lighting technologies, today announced that the Company has received a $7.9 million order for the United States Navy—its second large order for the Navy in less than 30 days. This order is expected to be delivered throughout the first half of 2015, and is now the single largest in the Company’s history, topping the $7.7 million order received in September.
As with the $7.7 million order received last month, this $7.9 million order is entirely for Energy Focus’ military Intellitube® LED retrofit tubes. This industry’s only true plug-and-play technology based on proprietary and patented circuit designs allows for direct fit into existing fluorescent sockets with or without the ballast in place. To date, the military Intellitube® is now installed on approximately 160 naval vessels in the U.S. Navy fleet. Upon delivery of this order in the first half of 2015, the U.S. Navy will have converted just over 10% of its fluorescent tubes with Intellitube®.
“We have worked diligently to gain the confidence and recognition of the Navy for our LED lighting products and are optimistic that the Navy fleet’s transformation into LED lighting will continue to expand,” said Eric Hilliard, President and Chief Operating Officer of Energy Focus. “We are particularly pleased that based upon the 2015 Department of Defense Appropriations Bill, the Senate appropriations committee commends the U.S. Navy for its increasing use of LED lighting throughout the fleet, and encourages the Navy to continue these conversion activities.”
“It is evident the U.S. Naval command is enthusiastic and supportive of the conversion to LED lighting, and we are extremely honored to be the Navy’s partner to drive this conversion at an accelerating pace,” said James Tu, Executive Chairman and Chief Executive Officer of Energy Focus. “As is typical in disrupting technologies, now that the market penetration rate for Navy combat ships is surpassing 10%, we look forward to faster, broader and less seasonal adoption of LED lighting by the Navy in the coming quarters and years.”
“In addition, now with proven energy savings, maintenance savings, and higher quality of light resulting in better working conditions for the sailors, we believe the Navy’s pioneering and aggressive LED adoption will catalyze LED adoption to additional U.S. government constituencies, including the Military Sealift Command, Coast Guard, military bases and other federal agencies. We are excited to leverage our proven credentials, government sales and distribution networks, as well as our technological leadership in tubular LEDs—now listed on the GSA Schedules—to expand our market reach and leadership in the government market,” concluded Mr. Tu.
For more information on Energy Focus lighting solutions, please visit www.EnergyFocusInc.com.
Forward-Looking Statements
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Generally, these statements can be identified by the use of words such as “believes,” “estimates,” “anticipates,” “expects,” “seeks,” “projects,” “intends,” “plans,” “may,” “will,” “should,” “could,” “would” and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from Energy Focus’ forward-looking statements. These risks and uncertainties include, but are not limited to: the timing of the shipment of orders in our backlog, the benefits and performance of our lighting products; our ability to expand our sales with existing customers and other customers in the maritime market; growth in the markets into which Energy Focus sells; conditions of the lighting industry and the economy in general; statements as to our competitive position; the development and marketing of new products; relationships with the U.S. Navy, customers and distributors; trends in the price and performance of light-emitting diode (“LED”) lighting products; and our strategy with regard to protecting our proprietary technology. For more information about potential factors that could affect the financial results of Energy Focus, please refer to the Company’s SEC reports, including its Annual Reports on Form 10-K and its quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof. Energy Focus disclaims any intention or obligation to update or revise any forward-looking statements.
About Energy Focus, Inc.
Energy Focus, Inc. is a leading provider of energy efficient LED lighting products, turnkey energy efficient lighting solutions and a developer of energy efficient lighting technology. Our solutions provide energy savings, aesthetics, safety and maintenance cost benefits over conventional lighting. Our long-standing relationship with the U.S. Government continues to enable us to provide energy efficient LED lighting products to the U.S. Navy and the Military Sealift Command fleets.
Customers include national, state and local U.S. government agencies as well as Fortune 500 companies and many others commercial and industrial clients. Company headquarters are located in Solon, Ohio and the United Kingdom. For more information, see our web site at www.energyfocusinc.com.
CONTACT: Energy Focus, Inc. (440) 715-1300 pr@energyfocusinc.com
(CTC) Strategic Real Estate Cooperation Agreements w/ (SFUN)
BEIJING, Oct. 7, 2014 — SouFun Holdings Limited (NYSE: SFUN, “SouFun” or the “Company”), the leading real estate Internet platform in China, today announced that it has entered into strategic cooperation agreements with China’s leading real estate franchise company Century 21 China (NYSE: CTC).
Pursuant to the strategic cooperation agreements with Century 21 China, 1) SouFun and Century 21 China will form a mutually preferred strategic partnership across their business lines, including advertising, e-commerce, listing service, internet and real estate financing, secondary and new home agency businesses, etc.; 2) SouFun will subscribe for new shares of Century 21 China in a private placement for 20% of Century 21 China’s outstanding share capital immediately after the completion of the private placement; 3) Century 21 China will issue a convertible bond to SouFun to support its operational needs and SouFun will also grant a loan to Century 21 China’s founders via IFM Overseas Partners L.P. to refinance an earlier loan borrowed from GL Asia Mauritius II Cayman Ltd. The aggregate consideration for this strategic cooperation amounts to approximately US$51 million.
Vincent Mo, SouFun’s Chairman and CEO, comments: “SouFun’s Cooperation Partnership Program with real estate brokers and agents starts to be fruitful. This is another top-players’ cooperation and partnership. As the leading online platform in China’s huge real estate market, SouFun has been looking for the leading off-line players to work together for the industrial upgrade of China’s expanding new home and secondary home market. Century 21 China is the leading and most well known real estate franchise company in China and is SouFun’s best choice for forming strategic O2O partnership. I am sure that these strategic cooperation partnerships will not only allow SouFun a broader and deeper access in real estate transactions but also enhance Century 21 China’s leadership and transformation by integrating internet and mobile elements into their broad offline operations. I look forward to seeing a new Century 21 China.”
About Century 21 China
IFM Investments Limited (“Century 21 China Real Estate” or “CTC”) is a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China. CTC primarily focuses on China’s fast-growing and highly fragmented secondary real estate market, providing company-owned brokerage services, franchise services, mortgage management services, primary services, commercial services and fund management services. CTC has experienced substantial growth since it commenced operations in 2000, and received numerous awards and recognition as franchisor and real estate services provider for its service quality and business achievements. Century 21 China Real Estate became a public company in January 2010 and its ADSs, each of which represents 45 ordinary shares of CTC, currently trade on the New York Stock Exchange under the symbol “CTC”. For more information about CTC, please visit http://www.century21cn.com/english.
About SouFun
SouFun operates the leading real estate Internet portal in China in terms of the number of page views and visitors to its websites in 2013, according to DCCI, an independent market research institution commissioned by us. Through our websites, we provide marketing, e-commerce, listing and other value-added services for China’s fast-growing real estate and home furnishing and improvement sectors. Our user-friendly websites support active online communities and networks of users seeking information on, and other value-added services for, the real estate and home-related sectors in China. SouFun currently maintains about 100 offices to focus on local market needs and its website and database contains real estate related content covering more than 330 cities in China. For more information about SouFun, please visit http://ir.fang.com.
Safe Harbor Statement
The Company cautions its shareholders and others considering trading its securities that there can be no assurance that these strategic cooperation agreements will be approved or the share subscription transactions will be consummated. This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “is expected to,” “anticipates,” “aim,” “future,” “intends,” “plans,” “believes,” “are likely to,” “estimates,” “may,” “should” and similar expressions. Such forward-looking statements include, without limitation, the Company’s plan to form strategic partnerships and collaborate and explore Internet and real estate financing businesses with World Union and Hopefluent, comments by management in this release about the success and benefit of its strategic cooperation partnerships, and about China’s real estate market. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.
For investor and media inquiries, please contact:
Dr. Hua Lei
Deputy CFO
SouFun Holdings Limited
Phone: +86-10-5631-8707
Email: leihua@soufun.com
Ms. Yiwen Zhang
Investor Relations Manager
SouFun Holdings Limited
Phone: +86-10-5631 8659
E-mail: zhangyiwen@soufun.com
(UNQT) Announces Shareholder Updates
INDIANAPOLIS, IN, United States, via ETELIGIS INC., 10/07/2014 – – Union Equity, Inc. (OTC Pink: UNQT) (PINKSHEETS: UNQT) would like to announce a few shareholder updates. It has been brought to the attention of CEO, JT Thornburg that the website for World Currency and Precious Metals Traders has been down. This has caused great concern with shareholders. Please rest assured, that the management team of Union Equity Inc. has been dealing with this situation from the moment of learning about this issue. The server on which the World Currency and Precious Metals Traders website is located, experienced a breach of security in the past week. In order to be protected from this security breach, Union Equity Inc.s management team has ordered the website pulled for security measures to be put in place. This issue should be resolved in the next five to ten days. At this time, the website should be operational and viewable once again. The management team of Union Equity Inc. apologizes for any inconvenience that this may have caused.
Union Equity Inc. continues to progress with the third quarter financial filings, as well as the financial audit. Details of these filings will be posted with OTC Markets upon completion.
About Union Equity Inc.
Union Equity, Inc. is a holding company that is comprised of 1 subsidiary that covers a vast business spectrum – Union Equity Investments, Inc.
About Union Equity Investments Inc.
Union Equity Investment, Inc. is to provide the best possible risk-return value for Union Equity shareholders, by making direct investments into or outright purchases of revenue generating foreign and domestic private/public companies, which are in the need of a strong management team and capital in order to make it to the next level.
CONTACT:
Investor Relations
Office: (317) 575-4113
(UNIS) Signs 15-Year Commercial Supply Agreement for Wearable Injectors with Sanofi
Unilife to be the sole provider of wearable injectors for all of Sanofi’s applicable large dose volume drugs
YORK, Pa., Oct. 6, 2014 — Unilife Corporation (NASDAQ: UNIS and ASX: UNS), a developer and supplier of injectable drug delivery systems, announced today the signing of a worldwide Master Services and Commercial Supply Agreement with Sanofi to be the sole provider of cartridge based wearable injectors for all of Sanofi’s applicable large dose volume drugs, excluding insulins, for a minimum 15 years. Additionally the agreement will allow Sanofi to make Unilife’s wearable injectors available to its partners for use with applicable molecules under joint collaborations.
Unilife has granted Sanofi non-exclusive access to its wearable injector technology during the agreement. Unilife maintains the right to enter into supply agreements with other pharmaceutical companies for the use of its wearable injectors, so long as Sanofi’s non-exclusive access is preserved. Sanofi also has the option to extend the agreement for additional periods. In addition to an upfront payment and device sales, Unilife anticipates it will receive approximately $50 million from customization programs relating to Sanofi molecules and indications. Additional revenue is also expected from customization programs conducted under joint collaborations with Sanofi partners. Unilife will begin to generate revenue from Sanofi this fiscal year from an upfront payment, customization programs and initial commercial sales of the devices to Sanofi. Unilife and Sanofi will also collaborate in the development of other new technologies that address additional unmet or emerging needs for the delivery of large dose volume biologics. Additional information will remain confidential at this time.
Mr. Alan Shortall, Chairman and Chief Executive Officer of Unilife said: “Unilife continues to advance our lead position in the fast-growing market for wearable injectors, a market which is expected to generate $8 billion in sales at an average $25 per unit by 2025. Based upon public information and industry forecasts, Unilife estimates that Sanofi has between 5 to 10 molecules that will be delivered in wearable injectors. With many pharmaceutical companies having up to a dozen large dose volume biologics that will each require an average of five million units per drug per year, our wearable injectors are poised to generate substantial revenue and growth moving forward. Additionally, we anticipate substantial incremental revenue will be generated from customization programs conducted under joint collaborations with Sanofi partners that choose to participate,” Mr. Shortall concluded.
Unilife Platform of Wearable Injectors
The Precision-Therapy™ platform of disposable wearable injectors can be worn on the body of a patient during the subcutaneous administration of a large dose volume drug. Unilife’s wearable injectors can be prefilled, pre-assembled and ready to use, with only three intuitive steps for a patient to peel off the label, stick the product onto the body and click a button to commence the injection of a drug (Peel, Stick and Click™). Unilife wearable injectors require no terminal sterilization, utilize standard materials in the primary drug container and are supplied for seamless integration with standard filling and packaging systems. Products can be pre-configured to administer a measured dose volume over a designated period of time, typically ranging between one and thirty minutes. Unilife wearable injectors utilize a Flexwear™ comfort catheter for patient comfort, and an on-body safety lock that prevents unintentional activation.
The Global Market for Wearable Injectors
Wearable injectors are prefilled, disposable devices that are worn on the body of a patient during the subcutaneous administration of a large volume dose of medication. The market for wearable injectors is poised to experience rapid growth over the coming decade due to a convergence of market trends including accelerating pharmaceutical investment in biologics requiring large volume doses, and the shift of healthcare treatment from healthcare facilities to safe, simple and convenient self-injection by patients. According to the independent market research report Large Volume Wearable Injectors published by Roots Analysis in September 2014, it is estimated that the market for wearable injectors will generate up to $8 billion in sales by 2025, with 181 biologics across 14 disease areas identified for use with wearable injectors. The average selling price for a wearable injector is estimated to be on average between $25 and $35 per unit.
About Unilife Corporation
Unilife Corporation (NASDAQ: UNIS / ASX: UNS) is a U.S. based developer and commercial supplier of injectable drug delivery systems. Unilife’s portfolio of innovative, differentiated products includes prefilled syringes with automatic needle retraction, drug reconstitution delivery systems, auto-injectors, wearable injectors, ocular delivery systems and novel systems. Products within each platform are customizable to address specific customer, drug and patient requirements. Unilife’s global headquarters and manufacturing facilities are located in York, PA. For more information, visit www.unilife.com or download the Unilife IRapp on your iPhone, iPad or Android device.
General: UNIS-G
Forward-Looking Statements
This press release contains forward-looking statements. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements. These forward-looking statements are based on management’s beliefs and assumptions and on information currently available to our management. Our management believes that these forward-looking statements are reasonable as and when made. However, you should not place undue reliance on any such forward-looking statements because such statements speak only as of the date when made. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results, events and developments to differ materially from our historical experience and our present expectations or projections. These risks and uncertainties include, but are not limited to, those described in “Item 1A. Risk Factors” and elsewhere in our Annual Report on Form 10-K and those described from time to time in other reports which we file with the Securities and Exchange Commission.
Investor / PR Contacts (US): | Analyst Enquiries | Investor Contacts (Australia) |
Todd Fromer / Garth Russell | Leigh Salvo | Jeff Carter |
KCSA Strategic Communications | Westwicke Partners | Unilife Corporation |
P: + 1 212-682-6300 | P: + 1 415-513-1281 | P: + 61 2 8346 6500 |
(HJOE) Completes Successful Soft Product Launch
Git-R-Done Energy Finds Success in Soft Launch of Healthy Energy Drink
DENVER, CO–(Oct 6, 2014) – Hangover Joe’s Holding Corporation (OTCQB: HJOE) are the makers of “The Hangover Recovery Shot” and developers of an innovative state of the art proprietary “Git-R-Done Energy Shot” with Git-R-Done Productions, Inc. and Larry the Cable Guy. “The soft launch of ‘Git-R-Done Energy’ has been a success and we have learned quite a few very promising things,” said Matt Veal, CEO for Hangover Joe’s Inc.
“The soft launch of ‘Git-R-Done Energy’ and the relaunch of ‘The Hangover Recover Shot’ started around August 1st and continued to the end of the 3rd quarter, Sept 30th 2014. What we saw early on in stores is that the brand can hold its own when it is placed on counters and that the sell through around the country is very good. We have went into roughly 30 states and also many different demographics. Our best movement has been in high traffic c-stores. We refer to these as tier one stores as they pump gas and also serve food, etc. We also fared well in tier two stores that are more rural than urban with traffic not as high as tier 1 stores and may or may not have fuel. We’ve also even seen movement in tier 3 stores that are smaller, such as bodega type markets that don’t sell fuel. Over this short time period we’ve gained good data and have learned quite a bit. Most c-store owners and distributors have given us positive feedback that Git-R-Done Energy has excellent branding and seems to resonate well both with consumers and retailers.”
Michael Jaynes, co-founder and chairman of the board of HJOE added, “We’ve also done some sampling and a few free fills which was positive as we have compiled data during the soft launch. We will be showing our products this week at the NACS (National Association of Convenience Stores) show in Las Vegas in booth number 618 in the Candy section of the show. This will be the official launch of ‘Git-R-Done Energy’ and we are proud to showcase this exciting new product to convenience store owners, buyers and beverage distributors.”
Shawn Adamson, co-founder and head of marketing, stated, “I am very pleased at the data and what we have learned so far and we will be sharing this with buyers and distributors as well as the beverage media at the NACS show in Las Vegas this week. We really didn’t have any advertising out there besides our social media and our partner Larry the Cable Guy blasting the introduction of the new product out to the millions of fans in the Git-R-Done army, so the positive data we’ve learned tells us we have a winner with this healthy energy drink. As we put it on more and more counters even with limited marketing and advertising we still saw promising sell through. We also supplied Git-R-Done Energy to over 100 stores across Canada and it sold very well in Canada. We have a large Canadian distributor who at the end of the month will show it in Calgary at their version of the NACS show. Our Canadian distributor has informed us that large chains in Canada have already shown interest to bring the brand in nationwide in 2015, so we will be launching in Canada after the first or the year. It’s exciting to get our Git-R-Done Energy brand moving and to also get the Hangover Recovery shot relaunched. We also want to report that we will have advertising hitting in 2 of the nation’s largest beverage magazines and c-store magazines over the next three months to expose us to more and more store owners and distributors where they can learn about our brand. It is our belief that our brands are only going to continue to grow and so is the company. We have plans to do more productions runs in the near future for both Git-R-Done Energy and The Hangover Recovery Shot as soon as the NACS show is over and we have good projections for the fall and first quarter of 2015. We have a lot of hard work ahead of us and we are going to continue to do more marketing and trade shows and advertising as we launch the brand on a much larger scale going forward. Our company has fought hard to overcome things that were beyond our control, and though we knew it wouldn’t be easy to do, we are achieving what needs to be done to move the company forward. We want to reach out to the believers, shareholders, investors, distributors, brokers, sales reps and to our partner Larry the Cable Guy and thank each of you for your support and belief. We are going to Git-R-Done for HJOE one store at a time, one counter at a time, and one customer at a time. Rome wasn’t built in a day and we know we have a lot more hard work to do to see this company rise to its full potential. We look forward to the hard work in front of us and fully intend to Git-R-Done.”
About Hangover Joe’s Holding Corporation
Hangover Joe’s is the exclusive producer of “The Hangover” Recovery Shot, and one of the nation’s top selling anti-hangover recover drink & hangover recovery shot. Git-R-Done-Energy is an officially licensed product of Git-R-Done Productions, Inc and Larry the Cable Guy and is a healthy energy drink. Visit our website at www.GitRDoneEnergy.com and www.hangoverjoes.com https://www.facebook.com/GitRDoneEnergy https://www.facebook.com/hangoverrecovery and on twitter @GitRDoneEnergy. @TheHangoverShot
On July 25, 2012, Hangover Joe’s became a publicly traded company and is trading on the OTCBB as HJOE. For more information, visit www.hangoverjoes.com, or check us out on Facebook and YouTube.
Notice Regarding Forward-Looking Statements
This news release contains “forward-looking statements.” Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the Company’s expectations regarding the development of marketing and sales relations nationally. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with developing new products and operating as a development stage company, our ability to raise the additional funding we will need to continue to pursue our business and product development plans, competition in the industry in which we operate and market conditions. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at www.sec.gov.
CONTACT:
Hangover Joe’s Inc
info@hangoverjoes.com
Ph. 501-553-3796
(NXHD) Revenue of $2.3M and $1.3M for Six and Three Months Ended June 30
SALT LAKE CITY, UT–(Oct 6, 2014) – Nexia Holdings, Inc. (PINKSHEETS: NXHD), parent company of Green Endeavors, Inc. (PINKSHEETS: GRNE), has filed with OTCMarkets its quarterly report for the three and six months ended June 30, 2014 and 2013. Nexia is reporting revenue of $1,313,854 in the second quarter of 2014, an increase of $198,412 or 17.8% over the second quarter of 2013. For the six months ended June 30, 2014, revenue was reported to be $2,323,520, an increase of $79,133 or 3.5% over the first six months of 2013.
The report also includes the following information:
- Net income for the quarter was reported at $149,121 which included $204,200 of debt forgiveness. For the six months ended June 30, 2014, net income was $1,066,334; up from a loss of $157,834 for the comparable period in 2013.
- Working capital deficit as of June 30, 2014 was reported at $2,332,373 which is an improvement of $355,160 or 13.2% from December 31, 2013.
- The revenue numbers reflect the continuing performance of the Landis Lifestyle Salons that operate under Green Endeavors, Inc.
- The Company’s holdings in the entertainment industry, including the events held during the first quarter by Lantern Fest http://www.thelanternfest.com and the third quarter by Slide the City™ http://www.slidethecity.com, show great promise for additional events over the next 15 months.
- Film related revenue for the quarter was $384,426 reflecting the growing presence of this segment for the Company’s overall operations. For the six months ended June 30, 2014 film related revenue was $472,279 compared to $436,725 for the same period in 2013, a $35,554 increase.
Richard Surber, CEO of Nexia Holdings, Inc., stated, “I am very pleased with the progress Nexia is making. The reality is that we are finally in a place to make some serious progress. I believe that over the next 12 months my team will radically improve Nexia. I am feeling more optimistic about the future than I ever have. It is probable that we will as much as double the top line revenues by the end of 2015. I also expect a radical transformation of the balance sheet to include a substantial reduction in debt.”
About Nexia Holdings, Inc.
Nexia Holdings, Inc. (PINKSHEETS: NXHD), headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in entertainment, health & beauty, and real estate. Nexia owns a majority interest in Green Endeavors, Inc. (PINKSHEETS: GRNE), www.green-endeavors.com, which operates Landis Salons, Inc., Landis Salons II, Inc., and Landis Experience Center, LLC, www.landissalon.com, hair salons and hair product retail outlets built around the world-class AVEDA™ product line. Through WG Productions Company and Redline Entertainment, Inc., Nexia produces and distributes independent films for its own account and third parties. Learn more at www.nexiaholdings.com.
Nexia strongly encourages the public to read the above information in conjunction with its reports filed at www.otcmarkets.com. Nexia will require a significant influx of capital in order to effectively execute upon its various operational plans. The actual results that Nexia may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Investors should not invest more than they can afford to lose in penny stocks.
(MNGG) Finalizes Sale of PureSpectrum (PSRU)
WICKENBURG, AZ–(Oct 6, 2014) – Mining Global, Inc. (PINKSHEETS: MNGG) announced today that it has successfully finalized the sale of PureSpectrum, Inc. (PINKSHEETS: PSRU) to Ravenswood Import Export, LLC.
“The sale of PureSpectrum, Inc. not only brings in additional revenue to Mining Global Inc. but also allows us to stay focused on the objectives laid out plainly in our mission statement,” said Joel J. Natario, Chief Executive Officer of Mining Global, Inc. “We wish them the best in their upcoming business transactions and I am convinced that PureSpectrum, Inc. has bright future ahead.”
Disclosures can be found on the Company’s online disclosure portal at: http://www.otcmarkets.com/stock/MMNG/filings
About Mining Global Inc.
Mining Global’s objective is to build and operate world-class mines and develop a robust portfolio of assets in North America with the focus on organic growth and early stage acquisitions. The exceptional experience and strength of Mining Global’s management team, combined with the excellent infrastructure and robust economics of the Arizona mining industry, sets Mining Global to become a leading Gold development and mining company.
Forward-looking statements:
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “forecasts,” “potential,” or “continue,” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Investor Relations
Mining Global, Inc.
660 Via Corte, Suite B
Wickenburg, AZ 85390
Website: http://miningglobalinc.com/
Phone: 928-232-0478
Email: Email Contact
(PMMEF) 5.23 G/T over 112.8 Metres at the Friday Deposit, Idaho
Including 34.22 G/T Gold Over 6.6 Metres
Vancouver, BC / October 6, 2014 – Premium Exploration Inc. (TSX-V: PEM; OTC Pink Current: PMMEF) (“Premium” or the “Company”) announces that a total of fifteen holes were drilled into the high grade section of the Friday deposit in early 2014 and with this press release, all results from the drill program will have been reported. Three holes of the fifteen holes targeted the gold zone located at roughly two hundred meters depth and twelve holes targeted a shallower gold zone at roughly 40-100 meters in depth. Previous press releases detailed the results from seven of the holes. The deposit remains open in all directions for continued expansion, assay work was performed by ALS Chemex in Elko and Reno, NV.
The results of the eight holes released today targeted the shallow high grade ore zone at Friday and the results are outstanding. Very high grade gold zones were found in drill holes PFR2014_6_8_10 with drill holes PFR2014_5_9_11_12_13 continuing to prove out the continuity of the mineralization.
Commented John Ryan, CEO of the Company, “These drill hole results continue to validate our previous concepts on continuity and potential of the Friday ore deposit with these spectacular assay results. We are now even more convinced of the early production potential of the Friday high grade zone. High grade gold zones less than 40 meters below the surface have been found in this drilling which we believe can be reached with very minor capital cost. The plan remains to develop this high grade as an underground mine and direct-ship the ore to an existing regional processing facility. Furthermore, the long intervals of exceptional open pit, ore grade mineralization reported in this current drilling continues to validate the future open pit potential of the Friday.”
Highlights of PFR2014-5:
1.07 g/t gold over 128.1 meters including;
- -3.47 g/t gold over 4.5 meters-2.07 g/t gold over 8.5 meters-3.83 g/t gold over 5.0 meters
Highlights of PFR2014-6:
5.23 g/t gold over 112.8 meters including;
- -9.55 g/t gold over 5.3 meters-9.24 g/t gold over 1.8 meters-22.90 g/t gold over 0.8 meters
-34.22 g/t gold over 6.6 meters
-26.54 g/t gold over 5.3 meters
Highlights of PFR2014-8:
2.10 g/t gold over 98.3 meters including;
- -6.82 g/t gold over 2.3 meters-3.96 g/t gold over 1.5 meters-12.35 g/t gold over 0.8 meters
-12.12 g/t gold over 3.1 meters
-26.94 g/t gold over 1.5 meters
-11.99 g/t gold over 1.5 meters
-2.25 g/t gold over 1.8 meters
Highlights of PFR2014-9:
1.36 g/t gold over 92.36 meters including;
- -4.43 g/t gold over 6.5 meters-4.91 g/t gold over 1.8 meters-3.97 g/t gold over 1.8 meters
-2.32 g/t gold over 1.1 meters
-2.95 g/t gold over 2.7 meters
-2.04 g/t gold over 2.7 meters
Highlights of PFR2014-10:
2.43 g/t gold over 96.2 meters including;
- -17.53 g/t gold over 2.3 meters-11.51 g/t gold over 0.8 meters-28.73 g/t gold over 3.1 meters
-5.09 g/t gold over 2.0 meters
-2.31 g/t gold over 4.6 meters
Highlights of PFR2014-11:
0.94 g/t gold over 72.7 meters including;
- -2.69 g/t gold over 4.5 meters-3.18 g/t gold over 4.3 meters-1.68 g/t gold over 2.3 meters
Highlights of PFR2014-12:
0.48 g/t gold over 113.2 meters including;
- -2.10 g/t gold over 2.7 meters-5.64 g/t gold over 1.5 meters-1.90 g/t gold over 1.5 meters
Highlights of PFR2014-13:
1.05 g/t gold over 86.3 meters including;
- -5.54 g/t gold over 3.1 meters-9.47 g/t gold over 1.5 meters-2.41 g/t gold over 2.6 meters
-1.42 g/t gold over 2.29 meters
-1.38 g/t gold over 3.81 meters
Drill Hole | Zone | From (m) | To (m) | Interval (m) | Au g/t |
PFR2014_5 | Friday | 18.90 | 147.01 | 128.11 | 1.07 |
Including | Friday | 28.98 | 33.52 | 4.54 | 3.47 |
Friday | 55.36 | 64.89 | 8.53 | 2.07 | |
Friday | 58.22 | 59.74 | 1.52 | 3.83 | |
PFR2014_6 | Friday | 24.38 | 137.16 | 112.78 | 5.22 |
Including | Friday | 39.62 | 44.69 | 5.33 | 9.55 |
Friday | 57.61 | 59.44 | 1.83 | 1.83 | |
Friday | 64.31 | 65.08 | 0.76 | 22.90 | |
Friday | 114.00 | 120.55 | 6.55 | 34.22 | |
Friday | 131.86 | 137.16 | 5.30 | 26.54 | |
PFR2014_8 | Friday | 20.42 | 121.01 | 98.30 | 2.10 |
Including | Friday | 40.84 | 42.37 | 2.29 | 6.82 |
Friday | 47.28 | 48.77 | 1.49 | 3.96 | |
Friday | 52.58 | 53.34 | 0.76 | 12.35 | |
Friday | 54.10 | 57.15 | 3.05 | 12.12 | |
Friday | 60.96 | 62.48 | 1.52 | 26.94 | |
Friday | 80.01 | 81.53 | 1.52 | 11.99 | |
Friday | 119.18 | 121.01 | 1.83 | 2.25 | |
PFR2014_9 | Friday | 29.97 | 121.92 | 92.36 | 1.36 |
Including | Friday | 32.55 | 39.01 | 6.46 | 4.43 |
Friday | 43.89 | 45.72 | 1.83 | 4.91 | |
Friday | 48.46 | 50.29 | 1.83 | 3.97 | |
Friday | 54.71 | 55.78 | 1.07 | 2.32 | |
Friday | 61.88 | 64.62 | 2.74 | 2.95 | |
Friday | 118.57 | 121.31 | 2.74 | 2.04 | |
PFR2014_10 | Friday | 25.73 | 121.92 | 96.20 | 2.43 |
Including | Friday | 34.90 | 37.19 | 2.29 | 17.53 |
Friday | 37.95 | 38.71 | 0.76 | 11.15 | |
Friday | 41.76 | 44.81 | 3.05 | 28.73 | |
Friday | 47.58 | 49.90 | 2.04 | 5.09 | |
Friday | 52.12 | 56.69 | 4.57 | 2.31 | |
PFR2014_11 | Friday | 49.23 | 121.92 | 72.70 | 0.94 |
Including | Friday | 50.96 | 55.47 | 4.51 | 2.69 |
Friday | 57.76 | 62.03 | 4.27 | 3.18 | |
Friday | 97.38 | 99.67 | 2.29 | 1.68 | |
PFR2014_12 | Friday | 0 | 152.40 | 113.23 | 0.48 |
Including | Friday | 46.18 | 48.92 | 2.74 | 2.10 |
Friday | 108.21 | 109.73 | 1.52 | 5.64 | |
Friday | 141.28 | 142.80 | 1.52 | 1.90 | |
PFR2014_13 | Friday | 13.72 | 99.98 | 86.26 | 1.05 |
Including | Friday | 15.54 | 18.59 | 3.05 | 5.54 |
Friday | 24.38 | 25.91 | 1.52 | 9.47 | |
Friday | 28.96 | 31.55 | 2.59 | 2.41 | |
Friday | 76.66 | 78.94 | 2.29 | 1.42 | |
Friday | 80.47 | 84.28 | 3.81 | 1.38 |
Note:
- -The gold grade calculation is a weighted mean with no top cut, and no bottom cut. The grade calculation includes internal waste and low grade sections.-True Widths are estimated to be between 65% and 75% of the drilled interval.
The recent drilling program was completed to support a preliminary economic study of the high grade portions within the Friday deposit and is designed to extend the high grade mineralization found in drill holes detailed in previous press releases. The drilling will support a Preliminary Economic Assessment which will be completed by an outside third party consultant upon further funding. The PEA will focus on the feasibility of developing and mining the high grade underground gold resources which are present at the Friday deposit and direct-shipping the mineralization to a regional milling and processing facility.
Quality Assurance
The Company has implemented a rigorous QA/QC program using best industry practices at the Friday- Petsite Property. The program includes security of samples, and drill core sawn in half and shipped in sealed bags, blind duplicates, blank samples and certified standards are inserted into the sample stream. The samples are then boxed and freighted to ALS Chemex Labs in Elko, NV a lab certified for the provision of assays and geochemical analyses (ISO 9001:2008). Samples with gold values greater than 10 g/t were re-analyzed via the metallic screen procedure. Samples with visible gold were also analyzed initially using the metallic screen analysis, as were the samples immediately preceding and following the sample with visible gold.
Qualified Person
The 2013-14 exploration program is directed by James Baughman, Chief Geologist of Premium Exploration, Inc., who is a Qualified Person as defined by NI 43-101. Mr. Baughman prepared and approves of the content of this release.
About Premium Exploration Inc.
The Company’s purpose is to efficiently and economically advance their district sized Idaho Gold Project. The Idaho Gold project contains three known deposits. The Friday deposit has an NI 43-101 compliant resource of:
Indicated: 647,000 Au (20.1 MT @ 1.0 g/t Au with 0.45 g/t cut-off)
Inferred: 590,000 Au (20.9 MT @ 0.88 g/t Au with 0.45 g/t cut-off)
The Deadwood deposit and the Buffalo Gulch oxide deposit both have small historical gold resources and both are expandable. Premium Exploration has commenced a preliminary economic study envisioning underground mining of a high grade portion of the Friday deposit.
For More Information Please Contact:
Mr. John Ryan | President & CEO Phone: (604) 682-0243Cell: (843) 290-8930 Fax: (604) 682-2499 E: jryan@premiumexploration.com |
This press release contains certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Security Exchange Act of 1934, and involves a number of risks and uncertainties. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time under the Company’s profile on www.sedar.com in accordance with the policies and requirements of the TSX Venture Exchange and applicable securities law. All statements, other than of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There are no assurances that the Company can fulfill such Forward-Looking Statements and the Company undertakes no obligation to update such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
(MNLIF) Announces Grant of Options
Toronto, Ontario–(October 6, 2014) – ChroMedX Corp. (CSE: CHX) (OTC: MNLIF) (the “Company“) announces that it has granted an aggregate of 600,000 options to purchase common shares of the Company exercisable at a price of $0.18 per share and expiring on October 6, 2017, to certain consultants of the Company. The consultants concerned bring expertise to the Company in several key areas. These include the electrochemical and spectroscopic technologies incorporated in the Company’s HemoPalm blood analysis system, as well as industry expertise in both the North American and European markets. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant.
Recent Activities
On September 22, 2014 ChroMedX Corp. announced the close of an oversubscribed private placement for gross proceeds of CDN$614,500 to advance the development of its patented HemoPalm handheld device & cartridge technology.
About ChroMedX Corp.
ChroMedX Corp. is a medical technology company focused on the development of novel medical devices for in vitro diagnostics and point-of-care testing. The devices are protected by the Company’s issued US and pending international patents, dealing with blood collection, analysis and plasma/serum processing.
Follow ChroMedX Corp.:
Website: www.chromedx.com
Facebook: facebook.com/chromedxcorp
Twitter: www.twitter.com/Chromedxcorp
Contact
Wayne Maddever
President, CEO & Director
647-872-9982
W. Clark Kent
Corporate Development
647-519-2646
ckent@chromedx.com
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which filings are available at www.sedar.com.
The security symbol, MNLIF, is part of the OTC Grey Market, where Monarch does not provide any reports and has no obligation to do so. There are no market makers under this symbol of this security. It is not listed, traded or quoted on any U.S. stock exchange or the OTC Markets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor’s bids and offers are not collected in a central spot so market transparency is diminished and best execution of orders is difficult.
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