latest news releases from the newsroom
First Equity Group
StockMarketNewsAlert.com Issues Momentum Trade Alert -- OraLabs Holding Corp.
DEERFIELD BEACH, Fla., April 10, 2006 (PRIMEZONE) -- OraLabs Holding Corp. (Nasdaq:OLAB) is new to StockMarketNewsAlert.com. According to M. D'Alonzo at First Equity Group, Inc., recent news flow from the company has been very positive. "The company announced had entered into a definitive Stock Exchange Agreement dated March 31, 2006, in which all of the issued and outstanding shares of Partner Success Holdings Limited will be acquired by OraLabs in exchange for 94% of the issued and outstanding shares of OraLabs common stock on a fully diluted basis calculated after giving effect to a redemption by OraLabs of 3,629,350 shares of OraLabs common stock owned by its President, Gary H. Schlatter, the issuance of 300,000 shares to the non-employee directors of OraLabs and the exercise of any options prior to the Closing."
Peter Schofield Becomes Principal of Knott Capital
EXTON, Pa., April 10, 2006 (PRIMEZONE) -- Knott Capital is proud to announce today that Peter M. Schofield, CFA, has been made a principal with the firm. Pete works closely with the firm's other investment professionals, Charles A. Knott, Knott Capital's founder and Chief Investment Officer, and Michael Barron, the firm's Chief Executive Officer. He will continue to serve as Managing Director and a voting member of the investment committee, the title and position he has held since joining the firm,
Friendly Energy Corporation
Friendly Energy Commences Joint Venture
CARSON CITY, Nev., April 10, 2006 (PRIMEZONE) -- Friendly Energy Corp. (Pink Sheets:FDEG) announces today that, through a wholly owned subsidiary, it has advanced the first joint venture payment of $32,000.00 to its JV partner. The company, through its joint venture partner, has acquired a 50% working Interest, with a 44% Net Revenue Interest for the development of the Asher Prospect -- located within eight miles of Friendly Energy's main development prospect, the Peach Creek West Prospect in Central Oklahoma.
EYI Industries Inc
EYI Subsidiary Signs Letter of Intent with Philippines
BURNABY, British Columbia, April 10, 2006 (PRIMEZONE) -- EYI Industries Inc. ("EYI") (OTCBB:EYII), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that its wholly owned subsidiary Essentially Yours Industries (International) Limited ("EYIINTL"), has signed a non-binding Letter of Intent ("LOI") with Raul Bautista and Rommel Panganiban (the "Bautista Group") to act as managing partners and distributors for the Philippines. The LOI is subject to, among other things, the entry into a definitive agreement between the parties on or before July 1, 2006. There are no assurances that this transaction will be completed.
Marel Food Systems
Marel hf Expands its Market Shares by Acquiring AEW Thurne and Delford Sortaweigh
GARDHABAER, Iceland, April 10, 2006 (PRIMEZONE) -- Marel hf announces the acquisition of U.K. based AEW Thurne (AEW) and Delford Sortaweigh (Delford) from the AEW Delford Group Ltd. This is Marel's first strategic move to implement its new target of becoming a leading global manufacturer of food processing equipment, and to triple annual revenues over the next 3 to 5 years. AEW Thurne and Delford Sortaweigh will be operated under the name AEW Delford Systems Ltd., after the acquisition.
Habanero Resources Inc.
Habanero Acquires Three New Athabasca Oil Sands Leases
VANCOUVER, British Columbia, April 10, 2006 (PRIMEZONE) -- Habanero Resources Inc. (Pink Sheets:HBNRF) (TSX-V:HAO) (Frankfurt:HRJ) ("Habanero") is extremely pleased to announce that it has acquired three new Athabasca Oil Sands leases in Alberta, Canada. These new leases were acquired through the recently announced Oil Sands Partnership (announced February 27, 2006) of which Habanero has a 25% working interest. The three leases are comprised of four sections, for a total of 1,024 hectares, as follows: