latest news releases from the newsroom
StockIM Pushes the World of Investment Research Forward
NEW YORK, Oct. 24, 2006 (PRIMEZONE) -- IM Strategies' flagship subsidiary StockIM proves that the world of message boards as the sole means of online investor chatter will soon be a thing of the past, as today it announced an 800-percent increase in Website traffic after being featured in the October 23rd Edition of Barron's.
New Web Site Rates Accuracy of Fantasy Football Experts' Predictions
MONROVIA, Md., Oct. 24, 2006 (PRIMEZONE) -- Fantasy football players will now have a barometer to measure the accuracy of predictions made by fantasy football experts. FantasyHoundDog.com (FHD) has put in place a proprietary scoring system to rank the experts so 15 million players who, according to the Fantasy Sports Trade Association spend some estimated $496 each per season, can make winning weekly lineup decisions. Since it is known that fantasy football players set their weekly lineups by referring to the experts' predictions, this tool can significantly improve their success and winnings. FHD now separates the real experts from the rest by making available information on the successful and unsuccessful prediction scores of the individual experts.
Melt Inc. Completes Private Equity Financing
LAGUNA HILLS, Calif., Oct. 24, 2006 (PRIMEZONE) -- Melt Inc. (OTCBB:MLTC), owner, operator and franchisor of quick service restaurants operating under the name "Melt Gelato & Crepe Cafe," has completed a private equity financing with existing shareholders. Proceeds from the financing will be used for working capital as the Company continues to execute its aggressive franchise expansion plan across the U.S.
Dada Acquires Splinder and Motime, Gaining Leadership in the Blog Segment
NEW YORK, Oct. 24, 2006 (PRIMEZONE) -- Dada S.p.A. (MTAX of the Italian Stock Exchange: DA.MI), a leader in the Web and mobile community and entertainment sector, has today finalized an agreement for the acquisition of Tipic Inc., a leading international player in the blog community segment, through its subsidiary Dada USA Inc. The purchase and addition of Tipic's technology will increase Dada's technological assets and user base, with a view to optimizing the convergence between Dada's strengths in the Web and mobile spaces.
First Equity Group
StockMarketNewsAlert.com Issues New Trade Alert for BioStem, Inc.
BOCA RATON, Fla., Oct. 24, 2006 (PRIMEZONE) -- StockMarketNewsAlert.com issues New Trade Alert for BioStem, Inc. (OTCBB:BTEM). According to M. D'Alonzo at First Equity Group Inc., recent news flow from the company has been very positive. "BioStem, Inc., plans to acquire Cryobanks International a corporation located in Altamonte Springs, Fl."
MEDirect Latino, Inc.
MEDirect Latino Inc. Cancels Class A Common Stock Issuance
POMPANO BEACH, Fla., Oct. 24, 2006 (PRIMEZONE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced that the Board of Directors, coupled with a majority of the Company's shareholders, voted to cancel the Class A Common Share issuances. The Class A Common Share carried a 10-1 voting advantage to a Common Share of the Company. Voting to cancel the Class A Common Shares were holders and Founder and President/CEO, Ms. Debra L. Towsley, Founder and EVP/Chairman, Mr. Raymond Talarico and Company COO, Mr. Charles W. Hansen III, and further carried by a majority of shareholders. The decision to cancel the issuance of the "super voting" shares was made to further align the management of the Company with shareholders and strategic relationships.