latest news releases from the newsroom
Aurora Oil & Gas Corporation
Cadence Signs Letter of Intent to Merge with Aurora Energy
WALLA WALLA, Wash., Nov. 19, 2004 (PRIMEZONE) -- Cadence Resources Corporation (OTCBB:CDNR) is pleased to announce that the Company has signed a letter of intent establishing a 60 day exclusivity period in order to conduct due diligence and negotiate terms for acquisition of all of the outstanding shares of Aurora Energy, Ltd., a privately held company based in Traverse City, Michigan in exchange for shares of common stock of Cadence. The exchange ratio is to be negotiated during the exclusivity period.
Go Online Networks Corp.
Go Online Networks Corporation Reports Third Quarter, 2004 Results With Chart
CHATSWORTH, Calif., Nov. 19, 2004 (PRIMEZONE) -- Go Online Networks Corporation (OTCBB:GONT) announced today that the company has filed its 3rd Quarter financials for the period ended 9-30-04. The company generated revenues of over $142,000 and showed a gross profit of $24,000 or 17% of the gross sales. Profitability for the company was over $1,285,000 based upon a one time gain of $1,367,000 from the conversion of debt to equity. The Company realized the gain on extinguishments of debt, in the amount of $1,367,720, resulting from the conversion of debt into shares of common stock.
S3 Investment Company, Inc.
S3 Investment Company Demands Immediate Delisting from Berlin and Frankfurt Stock Exchanges
TEMECULA, Calif., Nov. 19, 2004 (PRIMEZONE) -- S3 Investment Company (OTCBB:SEIH) today announced that it is taking immediate steps to de-list its common stock from trading on the Berlin and Frankfurt Stock Exchanges. The Company's shares were listed on these exchanges without the Company's prior knowledge, consent or authorization. S3 Investments has recently been made aware of an unauthorized listing of its common stock on these exchanges, and Company executives became suspicious that "naked short selling" was taking place in its stock. Naked shorting is possible due to the unregulated nature of some foreign exchanges.
US BioTec, Inc.
US BioTec Set to Release Products to Help Cotton Farmers
DECATURVILLE, Tenn., Nov. 19, 2004 (PRIMEZONE) -- US BioTec, Inc. (Pink Sheets:USBO), an emerging player in the rapidly growing bio-chemical sector of the multi-billion dollar agri-business industry, today announced its plans for the launch of its initial line of agricultural biotechnology for 2005. Among the first products to be sold commercially by the company will be two products specifically aimed at cotton production.
Wall Street Capital Funding LLC
Wall Street News Alert's U.S. Hot Stock Highlights! November 19, 2004
WESTON, Fla., Nov. 19, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Airtrax, Inc. (OTCBB:AITX), Netflix, Inc. (Nasdaq:NFLX), PETsMART, Inc. (Nasdaq:PETM) and eSpeed, Incorporated (Nasdaq:ESPD).