latest news releases from the newsroom
COSCO ESP Inc.
COSCO Continues to Seek Equity and Debt Financing
EDMONTON, Alberta, July 10, 2007 (PRIME NEWSWIRE) -- Mr. Mark Dorin, President & Director of COSCO ESP Inc., (Pink Sheets:CCPI), ("COSCO") or (the "Company"), would like to announce that the Company continues to actively seek equity investment and debt financing to fund existing orders. In the past six months progress has been made in these attempts; however, COSCO has yet to secure the complete financing required to fulfill its order financing and working capital requirements. This information is being provided to shareholders as an update to those who have participated and those that are yet to participate in any financing opportunities with COSCO.
Vostok Nafta Investment Ltd
Vostok Nafta: NET ASSET VALUE OF VOSTOK NAFTA INVESTMENT LTD AS OF JUNE 29, 2007
Net asset value per share: USD: 12.15, SEK: 83.02
Change in net asset value (USD/share) June 2007: 53.60%
Change in net asset value (USD/share) June 2007, excluding anticipated proceeds
from new share issue: 13.81%
RTS index development, June 2007: 6.59%
Three largest holdings, June 29, 2007 (Share of stockholdings):
1. Black Earth Farming 23.05%
2. TNK BP Holding Pref 16.76%
3. Belon 7.44%
Vostok Nafta’s estimated net asset value as of June 29, 2007 amounted to appro
Samaritan Pharmaceuticals, Inc.
Samaritan's Alzheimer's Drug Caprospinol Suggests Brain May be Able to Heal From Alzheimer's Disease
LAS VEGAS, July 10, 2007 (PRIME NEWSWIRE) -- Samaritan Pharmaceuticals Inc. (AMEX:LIV), a developer of innovative drugs, is pleased to announce it has confirmed Caprospinol's (SP-233) efficacy in its ability to dramatically decrease beta amyloid plaque in the brain, accompanied by a complete recovery of memory back to baseline (p=0.002), as shown in a Morris water maze task. This study confirms previously reported in-vitro data and suggests Caprospinol may not only slow down Alzheimer's but may also reverse plaque-related brain injuries associated with the mind-robbing disease of Alzheimer's.
U.S. Mine Makers, Inc.
Nitro Lube Announces Bonneville Run Date for Golden Hawk
PALM DESERT, Calif., July 10, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB) announced today that the Golden Hawk Streamliner Project, aka the "Proud Canadian Project", will skip the Bonneville Flats "Speed Week" in August in favor of a run at the world diesel land speed record on October 3, 2007. More information can be obtained at: http://goldenhawkproject.blogspot.com/.
CashEdge Announces Steady Growth of Online Payment Adoption By Small Businesses
NEW YORK, July 10, 2007 (PRIME NEWSWIRE) -- CashEdge, Inc. (www.cashedge.com), the pre-eminent provider of online fund transfers and the pioneer behind opening and funding accounts online, today announced strong small business usage data, echoing the findings of several recent small business surveys. CashEdge usage data for online payment, invoicing and collections during 2006 and through the first quarter of 2007, reflects the growth in adoption that was predicted by BAI's Small Business Payment Strategies research study in 2006, Aite Group's April 2006 survey of small businesses, and CashEdge's 2006 Small Business Survey. In June 2006, Bank of America became the first U.S. bank to offer electronic invoicing presentment and payment (EIPP) to small-business customers (through its Online Business Suite) and reports that the service has been extremely successful.