latest news releases from the newsroom
Industrial Nanotech, Inc.
Princeton Polymer Labs Confirms Industrial Nanotech's In-house Testing
NAPLES, Fla., June 28, 2005 (PRIMEZONE) -- Industrial Nanotech Inc., (Pink Sheets:INTK), announces that Princeton Polymer Laboratories, a world-renowned polymer technology company, has confirmed previous in-house tests conducted by the Company which demonstrate that Nansulate High Heat can provide insulation protection from extreme temperatures, ranging up to 400 degrees Fahrenheit. The independent testing evaluated the performance characteristics of the Company's industrial coatings for maximum temperature range, hardness, adhesiveness, glass transition temperature and ultraviolet protection. The test results demonstrate the superiority of the Company's Nansulate products for use on industrial applications that experience extremely high temperatures, and necessitate insulation and corrosion protection.
eTelcharge.com Announces Free Video Phone Offer to Home Based Businesses
DESOTO, Texas, June 28, 2005 (PRIMEZONE) -- eTelcharge.com (Pink Sheets:ETLC), a financial diversified merchant service company, today announced that the company will begin offering a free a video phone that delivers high quality, vivid full-motion video conferencing over any broadband (DSL or Cable) Internet connection to home-based businesses or individuals who work from their home.
AngelCiti Entertainment, Inc.
AngelCiti Sets Date for Additional Stock Dividend in Midas Entertainment to Shareholders
PEMBROKE PINES, Fla., June 28, 2005 (PRIMEZONE) -- AngelCiti Entertainment, Inc. (OTCBB:AGCI), an online software licensor, announced today that management has picked a date for the previously announced dividend of shares in Midas Entertainment, Inc. (Pink Sheets:MDAS), held by the company, to shareholders in order to allow them the added benefit of direct share ownership in the meteoric growth of the online poker industry. Midas Entertainment is an online poker software company whose software fuels such sites as CityPoker.com, DesertPoker.com and SharkPoker.com This comes on the heels of yesterday's extremely successful IPO by Partygaming, the largest online gaming poker company, which was valued the company at $8.5 billion, and whose stock rose 9% on its first day of trading. This announcement also coincides with the current World Series of Poker in Las Vegas, the previous two winners of which earned their entry by winning poker tournaments online.
China Digital Animation Development, Inc.
Maui General Store Signs Letter of Intent to Purchase Over-Riding Royalty Interests from Drilling Locations in Palo Duro Basin
HANA, Hawaii, June 28, 2005 (PRIMEZONE) -- Maui General Store, Inc. (OTCBB:MAUG) announces that it has signed a letter of intent with Robson Holdings, Inc. of Dallas, Texas. The letter states that Maui General Store and Robson Holdings will negotiate the terms of an agreement under which Maui General Store would acquire certain over-riding royalty interests on approximately 275,000 acres of land in the Palo Duro Basin of Northwest Texas. Robson Holdings, with vast experience in drilling and operating natural gas wells in the area, estimates that up to 2,000 wells can be operational, with drilling set to begin within thirty days. Completion of the agreement will depend on satisfactory negotiation of a purchase agreement, a thorough review of all pertinent land leases, and on Maui General Store's success in obtaining the financing required to purchase the royalty interests.
Quest Announces Acquisition of Wallstin Petroleum and Appointment of Executives to Senior Management
ARLINGTON, Texas, June 28, 2005 (PRIMEZONE) -- Quest Oil Corporation ("Quest" or the "Company")(OTCBB:QOIL) announced today that it has acquired Wallstin Petroleum LLC ("Wallstin"), a Texas Limited Liability Company, in consideration for the issuance of 1,500,000 new common shares of Quest. Pursuant to the transaction, Quest is pleased to announce two appointments to Quest senior management from the existing senior management of Wallstin. Mr. Bill Stinson will serve as Chief Operating Officer (COO) of Quest and Mr. Joe Wallen, as Vice President Operations and Development.