latest news releases from the newsroom
PricewaterhouseCoopers Launches Online Video Resource for Transitioning to IFRS
NEW YORK, Nov. 20, 2008 (GLOBE NEWSWIRE) -- PricewaterhouseCoopers today launched the PwC IFRS Video Learning Center to assist companies in assessing the impact of transitioning to International Financial Reporting Standards (IFRS). The IFRS Video Learning Center, free to the public at www.pwc.com/usifrs/vlc, offers a series of videos to help companies understand the differences between IFRS and U.S. Generally Accepted Accounting Principles (US GAAP), and will help them in assessing areas of their businesses that will be most affected by these differences.
Shepherd Smith Edwards & Kantas
Shepherd Smith Edwards and Kantas Continues to Work With ARS Investors Not Subject to Cuomo's Settlement
HOUSTON, Nov. 20, 2008 (GLOBE NEWSWIRE) -- The law firm of Shepherd Smith Edwards & Kantas LLP (www.sseklaw.com) is still working with many investors who were not part of the agreed upon buyback by the brokerage firms involved in the marketing of Auction Rate Securities. Many clients who purchased ARS from regional brokers or banks were left behind by the big firm buy backs and are left holding billions of dollars worth of ARS.
Bioheart, Inc. Reports Receipt of Notice of Delisting From The NASDAQ Capital Market
SUNRISE, Fla., Nov. 20, 2008 (GLOBE NEWSWIRE) -- Bioheart, Inc. (Nasdaq:BHRT) (the "Company") previously disclosed, on October 15, 2008, that it received a letter from The NASDAQ Stock Market (the "NASDAQ Letter") advising that, for the last ten consecutive trading days, the market value of the Company's listed securities had been below the minimum $35 million requirement for continued inclusion on The NASDAQ Capital Market pursuant to NASDAQ Marketplace Rule 4310(c)(3)(B) (the "Market Value of Listed Securities Requirement"). Furthermore, NASDAQ stated that the Company does not comply with NASDAQ Marketplace Rule 4310(c)(3)(A) or 4310(c)(3)(C), which requires the Company to have either minimum stockholders' equity of $2.5 million or net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most recently completed fiscal years.
VCG Holding Corp.
VCG Holding Corp. Addresses Investors
DENVER, Nov. 20, 2008 (GLOBE NEWSWIRE) -- VCG Holding Corp. (Nasdaq:VCGH), a growing and leading consolidator and operator of adult nightclubs, today provided investors with the following update.
China Digital Animation Development, Inc.
Maui General Store Acquires RDX Holdings Limited
NEW YORK, Nov. 20, 2008 (GLOBE NEWSWIRE) -- Maui General Store, Inc. (OTCBB:MAUG) announces that it has acquired the outstanding capital stock of RDX Holdings Limited. RDX Holdings is engaged in the business of managing the assets and operations of Heilongjiang Hairong Science and Technology Development Co., Ltd ("Hairong"). Hairong carries on business in three divisions, including Business Networks and Software, Financial Informational Delivery and Cultural Productions. Each of these three divisions has been growing rapidly in China.