latest news releases from the newsroom
AuGRID Shareholder Update
VINELAND, N.J., Oct. 31, 2006 (PRIMEZONE) -- AuGRID is pleased to announce further information regarding the acquisition target in the United States and the update on AuGRID's Optipure project. After a long due-diligence period, AuGRID Global Holdings Corp. has been given the green light by its CPA firm to move forward with the acquisition. It has passed the sniff test as it were. The numbers for the past five years are close to or exactly what was represented in the tax returns. On the advice of our accounting firm, we will immediately put in place a strict accounting and audit function/process as part of the acquisition, to modernize and raise the accountability standards to that of the P.C.A.O.B. We will detail that book keeping and internal audit function in an 8K within two weeks to the SEC.
Eternal Energy Corp.
Lundin to Drill EERG's Quad 41/42 Claim Block
LITTLETON, Colo., Oct. 31, 2006 (PRIMEZONE) -- Eternal Energy Corp. announced today that Lundin Petroleum will drill for gas on license P.1129 of the North Sea containing blocks 41/10a, 41/5, 42/2a and 42/7. Lundin Petroleum will be the operator with a twenty-five percent (25%) working interest. Lundin has contracted a rig to drill the Lytham prospect, and drilling operations are tentatively scheduled to commence in Q3, 2007.
U.S. Mine Makers, Inc.
Nitro Lube, Inc., Announces Customer Test Results
LANGLEY, British Columbia, Oct. 31, 2006 (PRIMEZONE) -- Mr. Brian Anderson of Elke Bros. Transportation, Ltd. (http://www.elkebros.ca) of Surry, B.C., recently reported to the management of Nitro Lube, Inc. (Pink Sheets:NTLB) his independent test results of Nitro Lube products. Mr. Anderson was quoted, "We currently operate sixty-five (65) trucks across North America encountering a great variance of weather conditions. Using Nitro Lube Oil Treatment, our kilometers per liter (KPL) increased approximately ten percent (10%), and, when we added Nitro Lube Fuel Conditioner, we got another four percent KPL improvement for a total of fourteen percent (14%). The additional KPL per truck equates to a savings about $40.00 per 380 liters of diesel fuel."
SmallCap Sentinel: Getting More Than Gold From Exploration
IRVINE, Calif., Oct. 31, 2006 (PRIMEZONE) -- "As gold exploration maintains its lucrative draw for investors and gold exploration companies, management teams are looking to maximize the opportunities that arise from their efforts to locate more gold-bearing land," stated SmallCap Sentinel analyst D.R. Clark. "Smart companies are realizing that they can monetize the cost of their exploration activities by marketing properties that don't fit their particular model to smaller operators for which the properties may be ideal."
Emulex Industry-Leading AV150 Intelligent Storage Processor Now Shipping With McDATA Application Services Module
ORLANDO, Fla., Oct. 31, 2006 (PRIMEZONE) -- Storage Networking World -- Emulex Corporation (NYSE:ELX) announced today its AV150 Intelligent Storage Processor is now shipping with McDATA's Application Services Module (ASM). Together, the complementary solutions will enable robust, high performance advanced fabric services for McDATA's enterprise-class customers. Designed to work in appliances, arrays, intelligent switches, and modules such as the McDATA ASM, the Emulex AV150 offers the most cost-effective, integrated and scalable hardware solution available for storage virtualization and other advanced services environments.
BioCurex to Appear on Your Cancer Today Show
RICHMOND, British Columbia, Oct. 31, 2006 (PRIMEZONE) -- BioCurex Inc. (OTCBB:BOCX) is pleased to announce that it will appear on the broadcast television show Your Cancer Today. The scheduled date is the weekend of November 4th and 5th, 2006.
First Equity Group
StockMarketNewsAlert.com Issues New Trade Alert for BioStem, Inc.
BOCA RATON, Fla., Oct. 31, 2006 (PRIMEZONE) -- StockMarketNewsAlert.com issues New Trade Alert for BioStem, Inc. (OTCBB:BTEM). According to M. D'Alonzo at First Equity Group Inc., recent news flow from the company has been very positive, "The company announced that Cryobanks International, Inc. Scientific Board Members Enjoy International Recognition."