latest news releases from the newsroom
Industrial Distribution Group, Inc.
Industrial Distribution Group, Inc.'s Board to Undertake Strategic Review
ATLANTA, July 30, 2007 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. (Nasdaq:IDGR) announced today that its Board of Directors has formed a special committee of independent directors to undertake a review of the strategic alternatives available to the company and to provide recommendations to IDG's full Board of Directors for their consideration. The objective of the strategic alternatives review is aimed at unlocking value for the company's shareholders. In addition, the company preannounced its revenues and earnings for the second quarter ended June 30, 2007 and announced a cost reduction program and related changes to its executive team.
Crown Crafts, Inc.
Crown Crafts Clarifies Issues On Proxy Cards
GONZALES, La., July 30, 2007 (PRIME NEWSWIRE) -- Crown Crafts, Inc. (Nasdaq:CRWS) announced today that the Company has sent a letter to its stockholders in conjunction with its annual meeting of stockholders to be held in Gonzales, Louisiana on August 14, 2007. The letter clarifies certain irregularities on the dissident Gold proxy card. The Company stressed the importance of this vote and asked stockholders to vote their shares on the WHITE proxy card that they will receive by mail. The body of the letter sent to stockholders is as follows:
USA Recycling Industries, Inc.
Voyager Petroleum Completes Another Round of Financing
HINSDALE, Ill., July 30, 2007 (PRIME NEWSWIRE) -- Voyager Petroleum Inc. (OTCBB:VYGO) (Frankfurt:DXD) announced today it has closed a round of financing of $622,000. In the past two months, the Company sold a total of 6,220,000 shares of restricted common stock to accredited investors for $0.10 per share together with warrants to purchase the same amount of restricted shares at $0.12 per share which are exercisable for a period of twelve to eighteen months. The proceeds of the combined offerings will be used to finance new inventory and support for continued expansion and growth of the Company.