latest news releases from the newsroom
TTCM China, Inc.
TTCM China's Power Plant Begins Power Production
MOUNTAIN VIEW, Calif., May 5, 2005 (PRIMEZONE) -- TTCM China, Inc. (Pink Sheets:TTCH), a leading supplier of glass-reinforced plastic pipes, announced that its newly built Liao Ning Carbonization Power Plant, has turned on power production with initial capacity of 150 thousand tons. The plant will be fully operational by the end of the year with total capacity of 400 thousand tons.
Aztec Oil & Gas, Inc.
Aztec Oil & Gas Announces Participation in Barnett Shale Drilling Project
HOUSTON, May 5, 2005 (PRIMEZONE) -- Aztec Oil & Gas, Inc. (OTCBB:AZGS) announced today that it has taken a minority participation working interest in the McCoy No. 2 well in the Barnett Shale play, north of Fort Worth, Texas. This well is the first in a planned program to exploit oil and gas reserves from leasehold interests held in the Barnett Shale play located in Cooke, Wise and Montague Counties, Texas.
Nannaco, Inc., Announces Intent to Merge with Amenni
GIG HARBOR, Wash., May 5, 2005 (PRIMEZONE) -- Nannaco, Inc. (OTCBB:NNNC) ("Nannaco"), announced today that it has executed a Letter of Intent to acquire Amenni, LLC ("Amenni") located in Ft. Lauderdale, Florida.
CAPCO Energy, Inc.
CAPCO Announces Joint Venture with Hoactzin Partners for Acquisition of Producing Oil and Gas Properties
HOUSTON, May 5, 2005 (PRIMEZONE) -- CAPCO Energy, Inc ("CAPCO") (OTCBB:CGYNE) today announced the consummation of a joint venture with Hoactzin Partners, L.P. ("Hoactzin"), an oil and gas investment affiliate of New York based investment firm Dolphin Asset Management Corp. As part of their arrangement, CAPCO and Hoactzin yesterday acquired rights to 11 producing wells and approximately 13,300 gross acres of land in South Chandeleur Area in the Gulf of Mexico and Louisiana State Waters from Manti Operating Company. The joint venture's working interests in the wells vary from 14% to 100%, with current net production of approximately 13 million cubic feet of gas per day.
Energy Vision International
Modern Technology Corp. Continues Expansion as Portfolio Company Sound City Signs Multi-Year Contract with New York Spaces
OXFORD, Miss., May 5, 2005 (PRIMEZONE) -- Modern Technology Corp. (OTCBB:MOTG), a diversified Business Development and Acquisition company, with reported assets and revenues in excess of $17 million, announced today that its majority-owned portfolio company, Sound City, has signed a multi-year contract with New York Spaces magazine. Sound City is expanding rapidly in 2005 and revenues from operations and planned retail acquisitions are expected to generate in excess of $25 million. This estimate does not include revenues from MOTG's other planned acquisitions through out 2005, expected to be in excess of $50 million.
GTREX Capital, Inc. Issues May 2005 Investor Newsletter
ALISO VIEJO, Calif., May 5, 2005 (PRIMEZONE) -- GTREX Capital, Inc. (OTCBB:GRXI) today announced that the May issue for 2005 has been released and will be available as a PDF file on the company website, www.gtrexcapital.com. A text-only version will be sent electronically through the company's email alert system later today.
Knobias, Inc. Launches the New Small-Cap ClipReport
RIDGELAND, Miss., May 5, 2005 (PRIMEZONE) -- Knobias, Inc. (OTCBB:KNBS) today announced the formal launch of the Knobias Small-Cap "ClipReport." The "ClipReport" is daily newsletter distributed FREE to anyone interested in proprietary news and insight concerning small-, micro- and nano-cap stocks. The information contained in the newsletter will be focused on U.S. stocks that trade "over-the-counter" or on AMEX and with market capitalization of less than $250M. The daily PDF document will include a new feature called the SPOT, which highlights one new small-cap stock each week.