latest news releases from the newsroom
Oriens Travel & Hotel Management Corp.
Chimera Restructure Initiated
LAS VEGAS, Aug. 20, 2007 (PRIME NEWSWIRE) -- Chimera Technology Corp. ("Chimera") (Pink Sheets:CNOC) (http://www.chimeratechnology.com) is pleased to confirm that the company has completed agreements with Pegasus Gaming Corp., whereby "Pegasus" will take over all software assets and operations of Chimera, in a seamless transaction to licensees, commencing September 1, 2007. As consideration for "Pegasus" to assume all existing and ongoing liabilities for licensees, "Chimera" will return to "Pegasus" all "Pegasus" common shares acquired by "Chimera" in 2005 for the purchase of an exclusive licensing agreement for the Chimera 2 platform and applications. As consideration for the acquisition of the Chimera 2 technology and applications, "Pegasus" will issue Fifteen Million common restricted shares of "Pegasus" to "Chimera" which shares will be transferred to a new wholly owned by Chimera Nevada corporation, to be held on behalf of "Chimera" shareholders and to be available as a special dividend for disbursement to "Chimera" shareholders of record as of June 30, 2007, on a pro rata disbursement basis. "Chimera Holding Corp." will, in conjunction with the "Pegasus" transfer agent, distribute these shares to shareholders on their request. Further details of this distribution will be available shortly on www.chimeratechnology.com web site. Effective on August 21, 2007, "Chimera" will undergo a name change to "Oriens Travel and Hotel Management Corp.," and the common stock will be consolidated on a non mandatory exchange, on the basis of One new share for each Two Hundred old shares. A new CUSIP # and new trading symbol will be issued accordingly.
Lucas Energy Completes $12 Million Private Placement of Restricted Common Stock and Warrants
HOUSTON, Aug. 20, 2007 (PRIME NEWSWIRE) -- Lucas Energy, Inc. (OTCBB:LUCE), a U.S. based independent oil and gas company, today announced it has closed its previously announced private placement. $12 million was placed in an offering consisting of common stock at a price of $1.15 per share and warrants to purchase common stock at a price of $2.00 per share. Both the stock and warrants issued are restricted securities.
SB Financial Group
Rurban Announces RDSI and Freedom Bank of Southern Missouri Enter Agreement
DEFIANCE, Ohio, Aug. 20, 2007 (PRIME NEWSWIRE) -- Rurban Financial Corp. (Nasdaq:RBNF), a leading provider of full-service community banking, investment management, trust services and bank data and item processing, today announced its technology subsidiary, RDSI, has entered into an agreement with Freedom Bank of Southern Missouri, based in Cassville, Missouri, to provide data processing and item processing services.
Guaranty Federal Bancshares, Inc.
Guaranty Federal Bancshares, Inc. Announces New Stock Repurchase Plan
SPRINGFIELD, Mo., Aug. 20, 2007 (PRIME NEWSWIRE) -- Guaranty Federal Bancshares, Inc. (Nasdaq:GFED), the holding company for Guaranty Bank, announced that its Board of Directors has approved a new common stock repurchase program. The program calls for the repurchase of up to 350,000 shares of its common stock, representing approximately 12.5% of outstanding shares. The Board had previously authorized a repurchase program of 250,000 shares on July 25, 2006, which is substantially complete. To date, 246,744 shares have been repurchased.
Zix Corporation Adds 15th State Banking Regulator to ZixDirectory
DALLAS, Aug. 20, 2007 (PRIME NEWSWIRE) -- Zix Corporation (ZixCorp(r)) (Nasdaq:ZIXI), the leader in email encryption and e-prescribing services, today announced that the company has added the Kansas Office of the State Bank Commissioner, its 15th Conference of State Bank Supervisors (CSBS) agency, to its client list, totaling 30 percent of the state regulatory agencies.