latest news releases from the newsroom
Cell Power Technologies, Inc.
Cell Power Technologies Completes Private Placement; Raises Gross Proceeds of $2.2 Million
BROOKLYN, N.Y., Oct. 6, 2004 (PRIMEZONE) -- Cell Power Technologies, Inc. (OTCBB:CLPW) today announced that it has completed its previously announced offering of up to $3 million of its securities following the final closing on gross proceeds of $240,000. The amounts previously raised from the three interim closings on the offering were disclosed in Cell Power's quarterly reports on Form 10-QSB for the quarters ended April 30, 2004 and July 31, 2004. In total, Cell Power raised aggregate gross proceeds of $2,209,920 from the sale of 92.08 units of its securities at a per unit price of $24,000. Each unit consists of 32,000 shares of common stock and five year (subject to adjustment under certain conditions) warrants to purchase up to an additional 32,000 shares of common stock at a per share exercise price of $1.25. The offering expired as scheduled on September 29, 2004.
Maxus Technology Corp.
Maxus Technology Corporation Announces Senior Leadership Changes Company Strengthens Management Team
MORGAN HILL, Calif., Oct. 6, 2004 (PRIMEZONE) -- Maxus Technology Corporation (OTCBB:MXUS), a leading provider of eWaste and Asset Recovery solutions, today announced the appointment of a new Chief Executive Officer and member of the company's Board of Directors. Patrick Mulvey has been appointed by the board of directors and accepted the position of Chief Executive Officer, while the current CEO David Smith has resigned from the position of CEO citing personal reasons, but will remain as a consultant to the company.
Megola Announces New Additions to Advisory Board
CORUNNA, Ontario, Oct. 6, 2004 (PRIMEZONE) -- Megola, Inc. (OTCBB:MGOA), a leading solution provider in physical water treatment, microbiological control, wastewater treatment and air purification, is pleased to announce today that Paul Dersam and Willard Brown have joined the company's Advisory Board.
Law Offices Bernard M. Gross, P.C.
Philadelphia Firm Law Offices Bernard M. Gross, P.C. Files Securities Class Action Lawsuits Against Merck & Co., Inc., Fannie Mae, and StonePath Group, Inc. -- MRK, FNM, STG
PHILADELPHIA, Oct. 6, 2004 (PRIMEZONE) -- Law Offices Bernard M. Gross, P.C. (http://www.bernardmgross.com) announces that class action lawsuits, were commenced against: