latest news releases from the newsroom
BNP Paribas Hires Senior Derivatives Trader in Foreign Exchange
NEW YORK, June 24, 2004 (PRIMEZONE) -- Carl Nabar has joined BNP Paribas (Pink Sheets:BNPQY) in New York as Senior FX Derivative trader within the Global Foreign Exchange business. He most recently held a senior position at AIG trading, and prior to that he spent over six years at CSFB as a senior exotic options trader. At BNP Paribas, Carl will primarily focus on structured and exotic FX products and will also be in charge locally of our gold derivative business.
CORRECTING and REPLACING: Extraordinary General Meeting of Ainax AB to be Held on July 1, 2004
STOCKHOLM, Sweden, June 24, 2004 (PRIMEZONE) -- Investor AB has, following acquisition of shares in Ainax AB corresponding to 15.5 per cent of the shares and votes in the company, had contacts with Ainax AB's nomination committee which has resulted in a new proposal to the general meeting by the nomination committee with respect to the number of board members, the fees for the board of directors, and the election of board members under items 7 through 9 in the proposed agenda. The following is proposed:
Popeyes Chicken & Biscuits
Popeyes(r) Chicken & Biscuits Tests New Popeyes Naked Chicken(tm) Offering
ATLANTA, June 24, 2004 (PRIMEZONE) -- Popeyes(r) Chicken & Biscuits, the world's second-largest chicken chain and a division of AFC Enterprises, Inc. (TICKER: AFCE), today announced an expanded menu test of Popeyes Naked Chicken(tm), a zero carbohydrate bone-in chicken item with all of the famous Popeyes flavor consumers love. The product is being tested at over 300 Popeyes Chicken & Biscuits restaurants across the U.S. beginning in late June.
Bure Carries Out AGM Instruction
GOTHENBURG, Sweden, June 24, 2004 (PRIMEZONE) -- In accordance with the instruction by the Annual General Meeting in April 2004, Bure has completed a swap agreement with a bank. The bank owned 3,945,500 shares in Bure. The action means that Bure's net debt is reduced by SEK 5M whilst the equity is increased by a similar amount.
GoldSpring Update: Accounting Treatment Change Of Original Transaction As Reverse Merger Results In Restatement Of Financials
SCOTTSDALE, Ariz., June 24, 2004 (PRIMEZONE) -- After careful review and consideration, and pursuant to the GoldSpring, Inc.'s (OTCBB:GSPG) recent S-1 filing, the Company has elected to treat the original transaction between GoldSpring, Inc. and Ecovery, Inc. as a reverse merger and not as a business combination from an accounting standpoint. Accordingly, the Company has filed amendments to its 8K originally filed July 3, 2003, its 10KSB for December 31, 2003, the S-1 filed April 21, 2004 and its recent 10QSB filed May 17, 2004 that restate the financial statements to reflect the accounting treatment change for recording this transaction.
GK Intelligent Systems, Inc
GK Intelligent Systems Acquires Stellar Software Network
HOUSTON, June 24, 2004 (PRIMEZONE) -- GK Intelligent Systems, Inc. (OTCBB:GKIG), a publicly held holding company with entertainment and technology subsidiaries, announced today that it reached a definitive agreement to acquire Stellar Software Network Inc. GK Intelligent Systems in return for 100% ownership in Stellar Software will issue Stellar an undisclosed amount of unregistered shares in GKIG.