latest news releases from the newsroom
EnerBrite Technologies Group, Inc.
EnerBrite Technologies Announces Stock Consolidation and Agreement to Acquire Rebel Oil
LAS VEGAS, Nov. 10, 2008 (GLOBE NEWSWIRE) -- As a result of the Company's inability to realize any significant success in attracting capital, the lack of a market for the trading of its shares and the resulting impact on management's ability to advance its business plans, management has concluded that a significant amendment to its business plan is warranted. Therefore, the Company announces the signing of an agreement to acquire 100% of the shares of a privately owned oil producing company located in Kentucky in exchange for a majority of the voting common stock of EnerBrite (Pink Sheets:ETGU).
Dolphin Digital Media, Inc.
Dolphin Digital Media Expands Digital Rights Portfolio Following $100 Million Financing Secured Through Citigroup by Licensing Partner Dolphin Entertainment for Production of Six Feature Films
TORONTO, Nov. 10, 2008 (GLOBE NEWSWIRE) -- Dolphin Digital Media, Inc. (OTCBB:DPDM), a developer of uniquely safe social networking websites using state-of-the-art fingerprint identification technology, announced today that it has expanded its digital rights portfolio through its licensing partner, Dolphin Entertainment, which has secured more than $100 million in production and marketing financing from Continental Entertainment Capital (CEC), an affiliate of Citigroup, for a slate of six feature films targeting teens and tweens. Dolphin Entertainment is a leading producer of children's and young adult entertainment, including Nickelodeon's highest-rated series Zoey 101, the Roxy Hunter mystery movie franchise, and the upcoming, highly anticipated Spectacular, Nickelodeon's first-ever musical, scheduled to premiere in the first quarter, 2009.
Motorcar Parts of America, Inc.
Motorcar Parts of America Announces Record Sales for Fiscal 2009 Second Quarter
LOS ANGELES, Nov. 10, 2008 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq:MPAA) today reported strong financial performance for its fiscal 2009 second quarter and six-month period - reflecting the company's continued success at controlling costs and improving efficiency.