latest news releases from the newsroom
Superclick Continues to Expand Its Market Presence and Growth Strategy With Acquisition of Hotel Net LLC
SAN DIEGO, Sept. 6, 2005 (PRIMEZONE) -- Superclick, Inc. (OTCBB:SPCK), a technology leader in IP infrastructure solutions to the hospitality industry, today announced that it has completed the acquisition of Hotel Net LLC ("Hotel Net"), an emerging leader in wired and wireless High Speed Internet Access solutions to the hospitality industry. Hotel Net, founded in 2002, has installations in approximately 160 hotels and 20,000 rooms throughout the United States.
Dobson Communications Corporation
Dobson Communications Announces Proposed Offerings of Debt Securities and Convertible Debt Securities
OKLAHOMA CITY, Sept. 6, 2005 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) today announced that it intends to offer, subject to market and other conditions, $150 million principal amount of Senior Floating Rate Notes due 2012 and $150 million principal amount of Senior Convertible Debentures due 2025. In addition, the Company may issue up to an additional $30 million principal amount of Senior Convertible Debentures upon exercise of an option to be granted to the initial purchasers. The Company intends to use the net proceeds from the offerings, along with cash on hand, to redeem the entire $299 million outstanding aggregate principal amount of its 10.875% Senior Notes due 2010, including accrued interest and the applicable redemption premium. The proposed offerings of Senior Floating Rate Notes and Senior Convertible Debentures are not conditional on each other. A definitive agreement related to the sale of the Senior Floating Rate Notes and Senior Convertible Debentures has not been entered into between the Company and the initial purchasers and there can be no assurance that either or both offerings will be consummated.
Cell Power Technologies, Inc.
Cell Power's Registration Statement Declared Effective by the SEC
BROOKLYN, N.Y., Sept. 6, 2005 (PRIMEZONE) -- Cell Power Technologies, Inc. (OTCBB:CLPW) today announced that the Securities and Exchange Commission declared effective on August 31, 2005 Cell Power's registration statement for the resale of up to 14,836,576 shares of its common stock. The registration was undertaken in connection with Cell Power's $2.2 million private placement of its securities that was closed in the 4th quarter of 2004.
Dover Petroleum Corp.
Dover Petroleum Announces Update of Drilling Program
TORONTO, Sept. 6, 2005 (PRIMEZONE) -- Dover Petroleum Corp. (Pink Sheets:DVPC) today announced that the Company and its exploration partners set production casing in a second well in a three well drilling program intended to expand the Company's coalbed methane production at the Slater Dome Prospect. Although it is premature to predict commerciality of this well, we are pleased with the preliminary drilling results.
Orinoco Resources, Inc.
Orinoco Resources, Inc. is Pleased to Announce That its Common Stock Became Eligible to Trade on the Pink Sheets LLC, on August 8, 2005
ROCHESTER, N.Y., Sept. 6, 2005 (PRIMEZONE) -- Larry Hillabrandt, CEO of Orinoco Resources, said: "We are pleased that our common stock is now publicly traded. We believe that our company offers an opportunity for investors who want to participate in the natural resources area. Orinoco Resources is involved in lumber and timber, mining, and raw land development."
Silverado Financial, Inc.
Silverado Financial Inc. Announces Investors Teleconference for Thursday, September 8, 2005 at 1:15 p.m. PST
PLEASANTON, Calif., Sept. 6, 2005 (PRIMEZONE) -- Silverado Financial Inc. (OTCBB:SLVO), a mortgage bank focused on non-prime borrowers, today announced that it will host an investor conference call on Thursday, September 8, 2005, at 1:15 p.m. PST (4:15 p.m. EST), moderated by Silverado CEO and Chairman John Hartman and Chief Operating Officer Sean Radetich.