latest news releases from the newsroom
Advanced Battery Technologies, Inc.
Buy It Cheap.com, Inc. Acquires Interest in Chinese Polymer Lithium-Ion Battery Manufacturer
LINDEN, N.J., May 10, 2004 (PRIMEZONE) -- Buy It Cheap.com, Inc. (OTCBB:BYCC) announced that on May 6, 2004 it completed the acquisition of Cashtech Investment Limited, a British Virgin Islands corporation. At the closing, Buy It Cheap.com issued common stock and preferred stock that gave the previous owners of Cashtech Investment Limited and their advisor ownership of 91% of the equity in Buy It Cheap.com, Inc. The prior directors and officers of Buy It Cheap.com resigned as of the closing, and were replaced by Zhiguo Fu as director and President and John C. Leo as director and Secretary, and interim CFO.
Gemini Financial Communications
Nicholas Investment Company, Inc. Announces Net Income of $1.2 Million for First Quarter 2004
TEMECULA, Calif., May 10, 2004 (PRIMEZONE) -- Nicholas Investment Company, Inc. (Pink Sheets:NIVM) today announced that it generated a net profit of over $1.2 million, or $0.40 per share, for the quarter ended March 31, 2004, representing significant improvement over the Company's 2003 first quarter numbers. The Company also reported that its net assets (total assets less liabilities) had risen to $1,857,014 as of March 31, 2004 from $368,198 as of December 31 2003. This increase results in a net asset value of $0.42 per share as of March 31, 2004.
Coastal Holdings, Inc.
Coastal Holdings, Inc. Signs $2M Investment Contract with Vetdermal Systems Limited at Investment Conference in Israel
HOUSTON, May 10, 2004 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ), is pleased to announce that the investment conference, at which the Company was a presenter, hosted by the Jerusalem Investment Forum (JIF) at the Tel Aviv Hilton on May 5th was a tremendous success. A highlight of the invitation-only luncheon was the signing of a $2M investment contract between CSJJ and Vetdermal Systems Limited, an England-based company that is developing an innovative drug delivery system for animals. Vetdermal's novel drug dosage system is based on a unique technology platform originally developed in Israel. The company is planning drug trials in the coming months with strategic partners in the industry. This acquisition of a major stake in Vetdermal, a company with great potential involved in the multi-billion dollar global pharmaceutical industry, is a significant step forward in CSJJ's goal to become a dominant, leading-edge biotechnology holding company.
Jean-Charles Quirion, Ph.D. Accepts Position on ProtoKinetix Scientific Advisory Board
VANCOUVER, British Columbia, Canada, May 10, 2004 (PRIMEZONE) -- Dr. John Todd, President of ProtoKinetix, Inc. (OTCBB:PKTX) is honored to announce today that Jean-Charles Quirion has agreed to serve on the Company's Scientific Advisory Board. Dr. Quirion brings to ProtoKinetix twenty years of research experience in synthetic organic chemistry and ten years of management of industrial projects. His extensive contributions in the synthesis of new chemical entities for New Drug Discovery in the areas of cancer will be of enormous benefit to ProtoKinetix development of therapeutics for the treatment of malignancies. Jean-Charles' research work has resulted in the development of several new substances for anti-HIV, anti-inflammatory and anti-cancer drugs. This announcement is the first of many developments brought about by Dr. Todd's recent meetings in Europe with ProtoKinetix' Directors and collaborators. A look at Jean-Charles Quirion's extensive resume on the company's web site at www.protokinetix.com will illustrate the quality of the brain trust that is being assembled.
Sub-Surface Waste Management
SSWM Bio-Raptor Technology Update in Mexico
CARLSBAD, Calif., May 10, 2004 (PRIMEZONE) -- Sub Surface Waste Management of Delaware, Inc. (OTCBB:SSWM), and its partner in Mexico, Grupo Bartlette de Mexico, S.A. DE C.V. (Grupo Bartlette), are now preparing cost submittals on bids for cleanup work throughout Mexico using patented bioremediation technologies recently approved by the Mexico's government.
Fastest 1:1 DVD/CD Duplicators are Shipping Now from Alera Technologies
CHATSWORTH, Calif., May 10, 2004 (PRIMEZONE) -- Alera Technologies, developer and manufacturer of Advanced Optical Recording Solutions announces a new generation of its Award Winning 1:1 DVD/CD Duplicator Solutions. Alera Technologies unveils its all new DVD/CD Copy Cruiser Pro(tm), the 1:1 stand alone DVD/CD Duplicator that copies DVDs at up to 8x on both DVD-R and DVD+R with no computer required. With its new DVD/CD Cruise Control(tm) duplicator controller the DVD/CD Copy Cruiser Pro offers simplicity, flexibility and total control not previously available in 1:1 DVD duplicators.
Capital Research Group, Inc
Early Stock Market Alerts for Monday, May 10, 2004: OGHI, AAPL, TSM, AV
WESTON, Fla., May 10, 2004 (PRIMEZONE) -- TheSUBWAY.com names the following stocks to its Stock Alerts List: On The Go Healthcare Inc. (OTCBB:OGHI), Apple Computer Inc. (Nasdaq:AAPL), Taiwan Semiconductor Mfg. Co. (NYSE:TSM), Avaya Inc. (NYSE:AV).