latest news releases from the newsroom
Tank Sports, Inc.
Tank Sports Executive Comments On Its 4-for-1 Stock Split
LOS ANGELES, Nov. 15, 2006 (PRIMEZONE) -- One day after Tank Sports (OTCBB:TNSP) announced that its Board of Directors had approved a 4-for-1 forward stock split of the Company's common shares, the Vice President of Tank Sports, Inc., Mr. Wei Luo, comments on the stock split. When asked the reason for the company's stock splitting, Mr. Luo said: "Our stock has gone from $0.75 per share to $2.80 per share at close of market on November 14, 2006. This was done within only two weeks, and more shares are demanded. It appears to us that a lot of investors do not want to sell their shares at this moment. The stock splitting might be a better solution." He added: "The company's business strategy of building up a 'worldwide brand name made in China,' or a so-called 'China-Concept' model, has been proven a success in the market. The stock split will serve the company three purposes: 1) to add more value to the existing shareholders; 2) to make the stock more appealing to micro chip investors; 3) to give its stock more liquidity."
Limbo 41414 Launches Epic Battle for Star Wars Collectibles
BURLINGAME, Calif., Nov. 15, 2006 (PRIMEZONE) -- Mobile entertainment company Limbo 41414 invites fans from across the galaxy to compete for Star Wars collectibles -- from Han Solo or Boba Fett -- via text messaging. Limbo 41414 has launched a series of Star Wars Limbo Auctions -- where the lowest, unique bid wins awesome prizes, not the highest bid -- featuring Star Wars collectibles as well as the opportunity to connect with other Star Wars fans through special interactive features: the opportunity for fans to vote on future Limbo Auction items and the ability to earn Loot bonuses for telling friends to join the fun.
Golden Patriot Corp.
Golden Patriot Exercises Option to Acquire Lucky Boy Uranium Prospect
LAKE SUCCESS, N.Y., Nov. 15, 2006 (PRIMEZONE) -- Golden Patriot, Corp. ("Golden Patriot") (OTCBB:GPTC) (Frankfurt:GPU) wishes to announce that due to positive indicators received from drilling to date on the past producing Lucky Boy Uranium prospect, Golden Patriot has exercised its option to acquire a 60% interest in the prospect. Golden Patriot has the right to acquire a further 40% interest, subject to certain terms and conditions including royalty (for complete information on the terms of this agreement please refer to Golden Patriot's Annual Report filed on Form 10-KSB with the SEC on August 15, 2005). Mr. Brad Rudman, President of Golden Patriot stated, "Based on the exciting preliminary results attained to date on the past producing Lucky Boy uranium prospect we have now exercised our right to acquire the first 60% option on this prospect. If the samples being tested come back with the results we are expecting, Golden Patriot plans to acquire the additional interest available. Considering this is a past producing mine and based on the results achieved to date, we are very optimistic about what uranium grades the test results will achieve. When you factor in the 30 year highs on uranium prices, we feel that 2007 will be a major year in the development of Golden Patriot."
Budget Waste Inc.
Budget Waste Inc. Signs Letter of Intent With Solid Waste Hauling Company
CALGARY, Alberta, Nov. 15, 2006 (PRIMEZONE) -- Budget Waste Inc. (Pink Sheets:BDGW) signs a letter of intent to purchase the assets of A & R Waste. With a solid 20 year reputation, A & R Waste has been providing front-load waste removal services for its commercial and industrial clients and curbside pick-up for rural residential customers in communities surrounding the city of Calgary. The potential acquisition will expand BWI's existing front-load and rural residential collection services and strengthen their already diversified revenue stream.
Decorize, Inc. Reports 50 Percent Jump in First Quarter 2007 Revenues
SPRINGFIELD, Mo., Nov. 15, 2006 (PRIMEZONE) -- Decorize, Inc. (AMEX:DCZ), a recognized leader in the home accents industry, filed its fiscal 2007 first quarter results with the Securities and Exchange Commission on Form 10-QSB yesterday. The Company reported a first quarter sales increase of 50%, with total sales for the quarter of $3.2 million versus $2.1 million in the prior year quarter. The Company attributed the strong increase in sales to expanded capacity in its wholly owned manufacturing facility in Indonesia. "We are beginning to see the results from the strategic investments we have made in our manufacturing facilities over the past 18 months," said Steve Crowder, Chief Executive Officer of Decorize. "We believe that our vertically integrated operational model has positioned us to become a market leader in the fragmented home accessory and accent furniture industry."
Freescale Semiconductor Joins MoCA
SAN RAMON, Calif., Nov. 15, 2006 (PRIMEZONE) -- Freescale Semiconductor, Inc. (NYSE:FSL) has joined the Multimedia over Coax Alliance (MoCA(tm)), making it the latest vendor to join the consortium.
StockGuru.com Announces Profile Coverage of TRADEX Global Financial Services
DALLAS, Nov. 15, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of TRADEX Global Financial Services, Inc. (Pink Sheets:TDXG). TRADEX Global is a holding company that owns TRADEX Inc., a global financial services company that provides access for foreign investors to trade on the U.S., Canadian and European financial markets.
The NASDAQ OMX Group, Inc.
NASDAQ to Repay $250 Million of Senior Debt
NEW YORK, Nov. 15, 2006 (PRIMEZONE) -- The NASDAQ Stock Market, Inc. (Nasdaq:NDAQ) today announced that it is repaying $250 million of its senior bank debt issued to finance acquisitions. This is an early partial prepayment, made from the company's available cash resources. It will not trigger a prepayment penalty.
Crown Crafts, Inc.
Crown Crafts, Inc. Reports Results for Second Quarter of Fiscal Year 2007
GONZALES, La., Nov. 15, 2006 (PRIMEZONE) -- Crown Crafts, Inc. (the "Company") (OTCBB:CRWS) today reported net sales for the second quarter of fiscal year 2007, which ended October 1, 2006, of $21.6 million as compared to net sales for the second quarter of fiscal year 2006 of $21.3 million. For the first six months of fiscal year 2007, the Company had net sales of $37.7 million, up from $34.9 million in the first six months of fiscal year 2006.