latest news releases from the newsroom
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against American Physicians Capital, Inc. -- ACAP
BALA CYNWYD, Pa., Jan. 13, 2004 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of American Physicians Capital, Inc. ("AP Capital" or the "Company") (Nasdaq:ACAP), between February 13, 2003 and November 6, 2003, inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Western District of Michigan.
Premier Development & Investment, Inc.
Premier Enters Into Letter of Intent to Purchase Countrywide Realty Services
FREDERICK, Md., Jan. 13, 2004 (PRIMEZONE) -- Premier Development & Investment, Inc. (OTCBB:PDVN) announces that it has entered into a Letter of Intent to purchase all of the assets of Countrywide Realty Services. Under the terms of the Letter of Intent Premier will complete a thorough due diligence over the next two months, including an audit of Countrywide's financial statements. Subject to successful due diligence and the execution of a Definitive Purchase Agreement, this acquisition should close within the next ninety (90) days. This acquisition will be non-dilutive to our current shareholders and is expected to significantly enhance Premier's fiscal 2004 revenues and earnings.
Vital Health Publishing
Re-Educating the School Lunch
NORTHBROOK, Ill., Jan. 13, 2004 (PRIMEZONE) -- Does your kid say, "School lunch sucks!"? He or she is right! It's time for notoriously poor quality school lunches to get smart. "Diet plays a pivotal role in the physical, mental and emotional illnesses that plague our nation's young people," says nutritionist and author Bonnie Minsky. School lunches can play a critical role in improving the health of America's kids. According to the Centers for Disease Control, eight million children and teenagers in the United States are either overweight or obese. One out of five American children take Ritalin for ADD or ADHD. Violent behavior in children and teens has increased dramatically. Ms. Minsky, who has recently been appointed by a Chicago area school system to drastically improve the school lunch programs of eight schools, presents evidence that the typical young persons diet of highly processed, industrial foods leads to the poor health of America's children. In her timely book, Our Children's Health, Minsky outlines dietary changes and supplementation appropriate for children and teens, and what to feed them that they will eat.
Rush Financial Technologies, Inc.
RushTrade Group Reports Fourth Quarter Revenue Up 576%, Share Trade Volume Up 144%
DALLAS, Jan. 13, 2004 (PRIMEZONE) -- Rushmore Financial Group, Inc., dba RushTrade(r) Group, (OTCBB:RFGI) announced today its trade volume report for the month of December and for the fourth quarter ending December 31, 2003. RushTrade Securities, Inc., the Company's broker/dealer subsidiary reports continued growth in Customer Accounts, Trade Volume, Customer Account Assets and Revenue.
Stock Market Solutions
Livermore Trading System to be Licensed to First Foundation Financial Services, Inc.
NEW ORLEANS, Jan. 13, 2004 (PRIMEZONE) -- Stock Market Solutions (OTCBB:SMKT) announces that under an arrangement with First Foundation Financial Services, Inc, a Canadian financial firm, the Livermore Trading System is to be used exclusively in the trading management of a captive investment fund of up to $100,000. The system uses Livermore's special proprietary software to indicate the timing for buy/sell and or long/short trades.
Invisa Rated `Speculative / 3,' Evolving From Development Stage, Says Investrend Analyst J. Damien Kolb
NEW YORK, Jan. 13, 2004 (PRIMEZONE) -- The following is an investment opinion issued by Investrend Research Syndicate: Invisa, Inc. (OTCBB:INSA) is being rated "Speculative / 3" by Investrend Research Analyst J. Damien Kolb, in his update to the September 3, 2003 Benchmark report, noting that in "its ongoing efforts to evolve from a development-stage company to a profitable exchange-traded corporation, Invisa is engaged in managerial changes, devising and implementing a sales & marketing plan, pursuing licensing agreements with potential distributors, and raising additional capital to fund operations."