latest news releases from the newsroom
CDKNet Announces $2 Million Institutional Financing to Support Its Arkados Subsidiary
NORTH PLAINFIELD, N.J., Jan. 3, 2006 (PRIMEZONE) -- CDKNet.com, Inc (OTCBB:CDKN) announced today that it has issued $2.0 million of an authorized $3.5 million 6% Secured Convertible Debentures to certain institutional investors. The 6% Secured Convertible Debentures mature on December 28, 2008, and are convertible into shares of the company's common stock at a conversion price of $0.85 per share. The company also granted the purchasers of the Secured Convertible Debentures warrants to purchase 941,875 shares of common stock for $0.85 per share at anytime prior to the earlier of twelve months after the effective date of the registration statement to be filed by company with the Securities Exchange Commission under the terms of the transaction documents or December 28, 2007, and additional five year warrants to purchase 941,875 shares of common stock for $1.00 per share. In connection with the $2.0 million private placement, the company agreed to register the shares of common stock issuable upon conversion of the debentures and upon exercise of the warrants for resale under the Securities Act of 1933.
Aventura Holdings, Inc.
Aventura Holdings, Inc. Files Lawsuit Against Former Directors and Their Affiliates For Issuing Company Stock Absent Ascertainable Consideration
MIAMI, Jan. 3, 2006 (PRIMEZONE) -- Aventura Holdings, Inc. (OTCBB:AVNT) (Frankfurt:WKN#570891) ("Aventura") filed a lawsuit against T. Joseph Coleman, Peter Klamka, RTV Media Corp., The Coleman Family Trust, Vega 7 Entertainment and Wilshire Capital LTD. in the U.S. District Court in the Southern District of Florida. Aventura asserts that shortly before resigning as Officers and Directors of Aventura, T. Joseph Coleman and Peter Klamka issued Company shares to themselves and their affiliated entities absent ascertainable consideration.
Novo Nordisk A/S
Novo Nordisk A/S: Treasury Stock
BAGSVAERD, Denmark, Jan. 3, 2006 (PRIMEZONE) -- In continuation of the company's announcements dated 30 April 2004 and 28 April 2005 concerning a planned share repurchase programme, and pursuant to Section 204.33 of the New York Stock Exchange Listed Company Manual, this is to report that Novo Nordisk A/S (NYSE:NVO) and its wholly-owned affiliates on 31 December 2005 owned 30,979,219 of its own B shares of DKK 2, corresponding to a total nominal value of DKK 61,958,438 or 8.73% of the total share capital.
BILIA ACQUIRES THE LARGEST BMW DEALER IN NORWAY
Bilia has signed a letter of intent with Tronrud Holding AS in acquiring all
the shares in Tronrud Bil Holding AS. Tronrud is Norway´s largest BMW dealer
and represents also other attractive brands as Ford, Honda, Nissan and Mini.
The final agreement is expected to be completed after the due diligence
investigation in February 2006. The acquisition is dependent upon the approval
of the relevant competition authorities.
BMW´s importer in Norway has accepted Bilia as new owner of Tronrud.
Noah's Wish Assisting Flooded Animal Shelter in Napa, CA
EL DORADO HILLS, Calif., Jan. 2, 2006 (PRIMEZONE) -- Noah's Wish is working to assist the We Care Animal Rescue Shelter in St. Helena, California after floods forced the staff to evacuate all of their animals. The no-kill shelter, which houses mostly pets with special needs, placed its 5 dogs in foster care, and moved all 113 cats into a modular trailer. The shelter was deluged with several feet of water after powerful storms battered the area.
Change in Deutsche Bank AG's holdings in Metso
HELSINKI, Finland, Jan. 2, 2006 (PRIMEZONE) -- Metso Corporation has been informed about a change in the holding of Deutsche Bank AG and its subsidiary companies of the paid up share capital of Metso Corporation. On December 28, 2005, Deutsche Bank AG and its subsidiary companies were in possession of 7,092,928 Metso shares to which they had the dispositive rights. This holding represents 5.01 percent of the paid up share capital of Metso Corporation.
Inside Declaration SeaDrill
HAMILTON, Bermuda, Jan. 2, 2006 (PRIMEZONE) -- Hemen Holding, a company indirectly controlled by John Fredriksen, has on 30 December 2005 purchased 432,900 shares, at an average price of NOK 53,7075 per share, in SeaDrill Ltd.