latest news releases from the newsroom
Shazamstocks.com Announces Profile Launch of Viva World Trade, Inc.
WELLINGTON, Fla. , April 2, 2007 (PRIME NEWSWIRE) -- Ken Weiner, Publisher of Shazamstocks.com, today announced profile coverage of Viva World Trade, Inc. (Pink Sheets:VVWT). The Profile is a comprehensive look at the company's growth initiative. You can view the complete profile at http://www.shazamstocks.com/profiles/vvwt/index.php.
Crown Crafts, Inc.
Crown Crafts, Inc. Announces Sale of Certain Churchill Weavers, Inc. Assets
GONZALES, La., April 2, 2007 (PRIME NEWSWIRE) -- Crown Crafts, Inc. (the "Company") (Nasdaq:CRWS) today announced that it has sold the Churchill Weavers name, together with Churchill Weavers' other intellectual property, domain name and website, yarn inventory, looms and other weaving, sewing and laundry equipment, to Wilford Morris, owner of Walcot Weavers based in Lafayette, Indiana, for $275,000. The Company has also sold a small portion of the Churchill Weavers' property in Berea, Kentucky, and Churchill Weavers' archives and certain antiquities to another individual for $110,000. In addition, a substantial amount of Churchill Weavers' finished goods inventory was sold in February and March 2007, and the Company has received orders for the sale of the balance of the finished goods inventory. All Churchill Weavers products will be shipped by the end of April 2007. The Company will begin marketing for sale the remaining property in Berea, Kentucky in the following week.
Universal Capital Management, Inc.
Universal Capital Management, Inc. Reports That Its Portfolio Company, SIVOO, Inc. Completes a Content Transaction With GlobeCast WorldTV
WILMINGTON, Del., April 2, 2007 (PRIME NEWSWIRE) -- Universal Capital Management, Inc. (OTCBB:UCMT), a business development company which provides emerging growth companies with management and strategic resources for successful growth, reported today that SIVOO, Inc. (Pink Sheets:SIVO), the first Internet TV network of multicultural on-demand entertainment programming, has gained access to more than 60 WorldTV channels in approximately 17 languages including Chinese, Russian, Tagalog, Korean, French and Arabic.