latest news releases from the newsroom
Bidville, Inc. to Acquire DigiKidz, Inc.
CLEARWATER, Fla., March 22, 2006 (PRIMEZONE) -- Bidville, Inc. (OTCBB:BVLE), an innovative and growing Internet auction company and an alternative to eBay, has announced today that it has entered into a Letter of Intent to acquire DigiKidz, Inc., a south Florida producer and marketer of personalized DVD products for children, and owner and operator of the Internet e-commerce website, www.digikidz.com.
Nevada Gold & Casinos, Inc.
Nevada Gold Announces Confirmation of Vernon Downs Plan for Reorganization
HOUSTON, March 22, 2006 (PRIMEZONE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN), today announced that the Third Modified Amended Joint Plan of Reorganization proposed by the debtors of Mid-State Raceway, Inc. and Mid-State Development Corporation and Vernon Downs Acquisition, LLC ("VDA") dated September 13, 2005, was confirmed by the United States Bankruptcy Court, Northern District of New York, on March 15, 2006.
Trend Mining Company
Trend Mining Announces Gold Production and Study of Nickel Deposit
DENVER, March 22, 2006 (PRIMEZONE) -- Trend Mining Company (OTCBB:TRDM) is pleased to announce that gold production is to commence at Andacollo, Chile, in April, and the Company is focusing its current efforts on evaluating the Mouat nickel-copper deposit at Stillwater, Montana. Trend holds a 1% royalty on the Andacollo gold mine in Chile, holds a major land position in the uranium-rich Athabasca Basin of Saskatchewan, is evaluating a potentially significant nickel-copper resource at Stillwater in Montana, and is vetting inquiries from several parties who are potentially interested in exploring Lake Owen in Wyoming (platinum group metals and iron-titanium-vanadium potential) and Peter Lake, Saskatchewan (nickel-copper and platinum group metals).
GoldSpring, Inc. Completes Sale of Canadian Mineral Permits
GOLD HILL, Nev., March 22, 2006 (PRIMEZONE) -- GoldSpring, Inc. (OTCBB:GSPG) announced today that it has completed the sale of its Canadian subsidiaries, Clear Hills Iron Ltd. and Peace River Energy Ltd., to CaNev Resources, a Canadian Corporation. The assets divested in the transaction, initially announced in the Company's February 23, 2006, press release, include 32 industrial (non-energy) mineral permits covering approximately 800 square miles in northern Alberta, Canada. In consideration for the assets, GoldSpring will receive CDN$1.1 million. CDN$100,000 of the sales price will be paid in cash, and the balance will be paid through a three percent production royalty.
Aceva Survey Reveals That Collectors Lack Confidence in Collections Management Metrics
SAN MATEO, Calif., March 22, 2006 (PRIMEZONE) -- Aceva Technologies, a leading provider of enterprise applications for receivables and cash management, today announced findings from a recent survey which indicate a lack of confidence in the relevance of collections management metrics most commonly used by corporations today. In addition, the survey found that companies that use collections management software are more effective and motivated as they spend less time on tactical tasks and more time on strategic deliverables that impact the bottom line.
Transportation and Logistics Companies Should Consider an Integrated Approach to Manage Fraud Risks, According to PricewaterhouseCoopers
NEW YORK, March 22, 2006 (PRIMEZONE) -- The threat of economic crime-from simple cases of asset misappropriation to complex accounting manipulation-is more prominent than ever on the agendas of transportation & logistics company directors and financial regulators. In fact, 45 percent of transportation & logistics companies reported being victims of economic crime over the last two years, according to PricewaterhouseCoopers' Global Economic Crime Survey 2005. In response, PricewaterhouseCoopers has developed a whitepaper titled "Protecting Transportation & Logistics Companies Against Fraud, Reputation & Misconduct Risk" that provides guidance on how to develop an effective antifraud program.