latest news releases from the newsroom
Nicodrops, Inc.'s Joel Appel to Conduct Webcast with www.TheGreenBaron.com
SANTA ANA, Calif., June 17, 2005 (PRIMEZONE) -- Nicodrops, Inc. (Pink Sheets:NCDP) announced today that Joel Appel, Director of Sales for Nicodrops, Inc., will conduct a CEO Webcast with The Green Baron so that NCDP shareholders and the investment community can learn more about the current and future prospects of Nicodrops, Inc. The Webcast will be conducted by Evergreen Marketing, Inc. and their subsidiary TheGreenBaron.com and will be made available to the general public on The Green Baron Investors Society's website at www.TheGreenBaron.com on June 21st, 2005.
PIMCO Municipal Advantage Fund
Municipal Advantage Fund Inc. Announces Decrease in Monthly Common Share Dividend
NEW YORK, June 17, 2005 (PRIMEZONE) -- The Board of Directors of Municipal Advantage Fund Inc. (the "Fund") (NYSE:MAF), a closed-end management investment company that seeks a high level of current income exempt from federal income taxes, announced its intention to decrease the Fund's monthly per share common dividend from $0.06 per common share to $0.05 per common share, effective with the next monthly dividend declaration, which is scheduled for July 1, 2005 and payable on August 1, 2005. The reduction in the monthly common share dividend is a result of increased interest payments to Preferred Shareholders consistent with the increase in short-term interest rates during the past twelve months. Higher short-term interest rates result in increased interest payments to Preferred Shareholders, which reduces the amount of net investment income available to be paid as dividends to common shareholders.
Adal Group, Inc.
AdAl Group, Inc. Appoints Director, Chief Financial Officer and Other Key Finance Executives
SURREY, United Kingdom, June 17, 2005 (PRIMEZONE) -- AdAl Group, Inc. (OTCBB:ADGR) today announced that its Board of Directors has appointed Stephen B. Goodacre as Chief Financial Officer and Director of AdAl Group, Inc. (the "Company") and Paul Geary as Director of Finance of the Company's Witham based subsidiaries (AdAl Seco, AdAl Engineering, AdAl Extra and AdAl Climatix). Mr. Geary will also serve as Director of these companies. Both appointments are effective as of June 1, 2005. Additionally, Ian Kennedy has been appointed Corporate Controller of the Company, effective June 6, 2005.
Integrity Bancshares, Inc.
Integrity Bancshares, Inc. Included in 'Georgia's 100 Top Public Companies' List
ALPHARETTA, Ga., June 17, 2005 (PRIMEZONE) -- Integrity Bancshares, Inc. (Pink Sheets:ITYC) was ranked 29th on the "Georgia 100" list by the Atlanta Journal-Constitution. The list recognizes the top 100 performing public companies in the state for the calendar year 2004, determined by five financial variables: Revenues, year-over-year revenue change, the annual percentage change in profit margin, return on equity, and total return on stock. The company's highest individual ranking (5th) was for total return on stock, at 110.2% for the 2004 calendar year.
Guaranty Federal Bancshares, Inc.
Guaranty Federal Bancshares, Inc. Announces Quarterly Dividend
SPRINGFIELD, Mo., June 17, 2005 (PRIMEZONE) -- Guaranty Federal Bancshares, Inc., (Nasdaq:GFED), the holding company for Guaranty Bank, today announced a quarterly dividend of $0.16 per share on 2,737,640 shares of its common stock to be paid on July 15, 2005, to stockholders of record on July 1, 2005.