latest news releases from the newsroom
CortDev, Inc. Provides Further Details on Oil and Gas Acquisition and Corporate Restructuring
HOUSTON, Jan. 5, 2005 (PRIMEZONE) -- CortDev, Inc. (Pink Sheets:CDVJ), a real estate development company, today provided further details on its oil and gas acquisition. CDVJ has signed an agreement to acquire a publicly traded, debt-free oil and gas corporation. CDVJ will not undergo a reverse merger into this company but rather it will function as a wholly owned subsidiary of CDVJ. Thus current shareholders' positions in CDVJ will remain unchanged and in no way will be lessened through a share exchange with the acquired oil and gas company. Management will consider a spin-off of the oil and gas corporation in the near future once the acquisition is finalized. This would involve the distribution of shares in the oil and gas company to shareholders of CDVJ as of a specific date of record. CDVJ shareholders' positions would remain unchanged as a result of this transaction.
GFY Foods, Inc.
GFY Foods, Inc. Initiates Search for New Food Products to License from Other Companies
BUFFALO GROVE, Ill., Jan. 5, 2005 (PRIMEZONE) -- GFY Foods, Inc. (OTCBB:GFYO) announced today the company intends to diversify its product offerings by licensing food or beverage products from third parties. As part of its business strategy, the Company plans to offer the exclusively licensed food and beverage products at its existing locations, and is exploring the potential of marketing packaged goods via the Internet. GFY Foods is interested in either the licensing or the outright purchase of food or beverage products that are compatible with the healthy alternative fare offered at its current locations.
StockPickReport: 'Investing Advice and Stock Research for Charter Communications, Art Technology, eBay, and iShares Russell 2000'
SHREVEPORT, La., Jan. 5, 2005 (PRIMEZONE) -- StockPickReport.Com (http://www.stockpickreport.com -- the web's only non-mainstream stock rating service), rates Charter Communications, Art Technology Group Inc, eBay, iShares Russell 2000
Aztec Oil & Gas, Inc.
Aztec Oil & Gas Announces Commencement of Completion Phase on Four Newest Wells
HOUSTON, Jan. 5, 2005 (PRIMEZONE) -- Aztec Oil & Gas, Inc. (OTCBB:AZGS) announced today that the Big Foot 2004-1 Drilling Program LP has completed the drilling phase on four (4) new infield oil wells being drilled on the Z2 LLC properties, in which Aztec holds a 31.283% working interest. The completion phase of all four new wells is presently underway and is projected to be concluded over the next 30-45 days, subject to weather, availability of equipment, etc. The early drilling and logging reports indicate that the production outlook for the four new well is very favorable. According to Maverick Energy, operator of the Z2 leases, the yield from these four wells will likely be on parity with many of the better wells already producing on the Z2 LLC properties.
StockPickReport: Investing Advice for Pfizer, StemCells, Red Hat, and iShares Japan
SHREVEPORT, La., Jan. 5, 2005 (PRIMEZONE) -- StockPickReport.Com (http://www.stockpickreport.com -- the web's only non-mainstream stock rating service), rates Pfizer Inc, StemCells Inc, Red Hat Inc, iShares MSCI-Japan:
StockPickReport: 'Stock Commentary and Research for Microsoft, General Electric, Dell, and BEA Systems'
SHREVEPORT, La., Jan. 5, 2005 (PRIMEZONE) -- StockPickReport.Com (http://www.stockpickreport.com -- the web's only non-mainstream stock rating service), rates Microsoft, General Electric, Dell Inc., BEA Systems Inc.
Automotive Specialty Concepts, Inc.
Sports Wheels Approves Amendments to Articles of Incorporation
LAS VEGAS, Jan. 5, 2005 (PRIMEZONE) -- Sports Wheels Inc. (Pink Sheets:SSWH), a leading provider of decorative car wheels, today announced that the company has filed the necessary documents with the state of Nevada to effect several amendments to the company's Articles of Incorporation. The amendments include a change in the company's name to Automotive Specialty Concepts, Inc. The company is now in the process of applying for a new CUSIP number and ticket symbol, which will be announced at a later date.
StockPickReport: "Stock Rating for Pharmos, Calpine, Applied Micro Circuits, and Veritas"
SHREVEPORT, La., Jan. 5, 2005 (PRIMEZONE) -- StockPickReport.Com (http://www.stockpickreport.com - the web's only non-mainstream stock rating service), rates Pharmos Corporation, Calpine, Applied Micro Circuits Corp, VERITAS Software Corporation