latest news releases from the newsroom
Thinkpath Closes Original Issue Discount Facility
TORONTO, Nov. 15, 2004 (PRIMEZONE) -- Thinkpath Inc. (OTCBB:THTHF) announced today that it has closed an Original Issue Discount (OID) facility for $875,000 with net proceeds of $630,000. The proceeds will be used to pay debt and litigation settlement obligations and for working capital.
Coastal Holdings, Inc.
Coastal Holdings, Inc. Reviews Investment Agreement to Acquire an Equity Interest in Efoora, Inc.
HOUSTON, Nov. 15, 2004 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ), a leading edge global technology holding company, announced today that its legal department has initiated a thorough review of the Investment Agreement signed on November 3, 2004, to acquire an equity interest in Efoora, Inc. CSJJ has decided that before proceeding with the initial investment tranche as per the Investment Agreement, further due diligence with respect to Efoora, Inc.'s share structure and return to CSJJ is warranted. Upon completion of this review a final decision on this investment will be released.
Chipleaders Announces 'MBA Poker Challenge'
LOS ANGELES, Nov. 15, 2004 (PRIMEZONE) -- Chipleaders, the largest online social network dedicated to poker and poker players, has announced that it will be presenting the "MBA Poker Challenge"(tm), beginning in Los Angeles on December 11th at Hollywood Park Casino. Sponsors of the event will include Bodog.com, Aces.com, Bluff Magazine, 12 Threads, and Flop Gear. The tournament will be chaired by four schools (Kellogg, University of Chicago, Columbia, and Darden), while other participating schools will include players from Wharton, Stanford, Berkeley, Duke, Yale, Cornell, MIT, NYU, Michigan, and UCLA. A portion of the proceeds will benefit the various school foundations.
Statement of the Board of Directors of Finnveden AB
VARNAMO, Sweden, Nov. 15, 2004 (PRIMEZONE) -- The Board of Directors of Finnveden AB ("Finnveden") has evaluated the public offer made to the shareholders of Finnveden of SEK 75 per share in cash announced by Cidron Invest AB, a company fully owned by Nordic Capital Fond V, today (the "Offer").
AdZone Research, Inc.
September Online Ad Spending Grows to More than $690 Million, AdZone Reports
NEW YORK, Nov. 15, 2004 (PRIMEZONE) -- AdZone Research Inc. (OTCBB:ADZR), a pioneering Internet surveillance technology solutions provider, and an advertising research firm that tracks advertising on some 2,700 Web sites worldwide, representing more than 95% of all Internet advertising revenue, today said in its latest Internet Advertising Report that in the month of September, the latest month for which actual figures are available, advertising spending on the Internet grew by more than $85 million.