latest news releases from the newsroom
Megola Intends to Continue to Rely on Organic Growth
CORUNNA, ONTARIO, Nov. 2, 2004 (PRIMEZONE) -- Megola, Inc. (OTCBB:MGOA), a leading solution provider in physical water treatment, microbiological control, wastewater treatment and air purification, announced today that the company does not currently have any immediate intentions to utilize the $10 million equity financing that is available to it. Megola announced yesterday that it had secured a Standby Equity Distribution Agreement with Cornell Capital, Inc.
Telesis Technology Corp.
Telesis Technology Corporation Announces SEC Filing & Registration to Become A Fully Reporting Company
BRADENTON, Fla., Nov. 2, 2004 (PRIMEZONE) -- Telesis Technology Corporation (Pink Sheets:TLST) is pleased to announce that the company has completed filing Form 10SB Registration Statement with the Securities and Exchange Commission on November 1st, 2004 in order to become a fully reporting issuer under the Securities Exchange Act of 1934, as amended. This public filing will not only provide the investing public with current information with regards to the company's current and future performance, but will also enable it to eventually apply with the NASD for listing on the OTCBB(r).
Reeltime Rentals, Inc. Signs Letter of Intent to Acquire Interest in Scream Networks
SEATTLE, Nov. 2, 2004 (PRIMEZONE) -- Reeltime Rentals, Inc. (Pink Sheets:RLTR) has signed a Letter of Intent (LOI) to acquire a significant interest in Scream Networks, Inc. Located in Kirkland, WA, Scream Networks specializes in custom developed data-delivery networks designed to handle and transfer large quantities of media rich content over the internet. The LOI is part of ReelTime's plans to establish its network infrastructure in anticipation of a nationwide launch of its Rental-on-Demand service. ReelTime's "Next Generation" ROD technology will allow customers to access DVD-quality movie rentals over the internet from the comfort of their own home.
KWI Encourages the Emergence of Energy Market Makers
HOUSTON, Nov. 2, 2004 (PRIMEZONE) -- KWI, the leading provider of risk management and trading software for the global energy industry, is today encouraging energy companies to be less cautious and become market makers. Research conducted by KWI found that traders must first understand the business models in which they operate before determining the optimal strategy for operations. Poor credit ratings and industry regulations were found to be stifling companies attempting to take advantage of the lucrative asset heavy trading market.