latest news releases from the newsroom
Solomon Technologies, Inc.
Solomon Announces ITC/Toyota Hearing Date
TARPON SPRINGS, Fla., April 28, 2006 (PRIMEZONE) -- Solomon Technologies, Inc. (OTCBB:SOLM) announced today that the U.S. International Trade Commission (ITC) has scheduled the hearing on the patent infringement complaint brought by Solomon against Toyota Motor Corporation (NYSE:TM), and certain of its affiliates, for October 30 through November 3, 2006. The ITC acts as an administrative investigative body to determine, among other things, whether or not goods imported into the United States infringe U.S. patents. The scheduled hearing at the ITC is roughly equivalent to the fact finding function of a trial in a judicial court.
Best Rate Travel, Inc.
E Mobile Shareholders Approve Recapitalization Structure with a Declaration of a Dividend
BOCA RATON, Fla., April 28, 2006 (PRIMEZONE) -- E Mobile Information Technologies, Inc. (Pink Sheets:EMTK) announced today a majority vote of shareholders of record on March 23, 2006 approved a reorganization plan that includes a 1:30 reverse split of its common shares. Post reverse split, one (1) common share will be exchanged for thirty (30) current, pre-reverse split, common shares. The reverse split will be effective ten (10) days after this announcement. Additionally, the majority shareholder vote approved a dividend of Series A convertible preferred that should be declared to the shareholders of record on June 30, 2006.
China Gold Corp.
China Gold Corp. Announces Five for One Forward Stock Split
GUANG NING, China, April 28, 2006 (PRIMEZONE) -- China Gold Corp. (Pink Sheets:CGDC) is a Nevada Corporation, engaged in gold and minerals exploration and development of gold and mineral properties in China. The company is pleased to announce today that the board of directors has approved a five-for-one forward stock split. The record date for the forward stock split is to be effective closing Friday, May 12, 2006. Stockholders of the record date will be entitled to four additional shares of common stock for each share of common stock held on that date.
SmallCap Sentinel: The Coming Out Party for Cancer Drugs
IRVINE, Calif., April 28, 2006 (PRIMEZONE) -- "Companies developing drugs and treatments within the cancer field are showcasing their findings with public presentations to the most important of audiences," stated SmallCap Sentinel analyst D.R. Clark. "It's a critical part of the treatment development process for companies to bring their candidates to the scientific community."
Nevada Gold & Casinos, Inc.
Nevada Gold Awarded Temporary New York Racing and Wagering License
HOUSTON, April 28, 2006 (PRIMEZONE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN) today announced that on April 26, 2006, the New York State Racing and Wagering Board granted a temporary conditional track license to Nevada Gold NY, Inc. on behalf of Tioga Downs. The license enables Tioga Downs to continue the current construction and development schedule. Issuance of a final license is subject to compliance with various conditions.