latest news releases from the newsroom
Murray, Frank & Sailer LLP
Class Action Suit Commenced in the District of Colorado Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of Certain Janus Family Funds by Rabin, Murray & Frank LLP -- JRMSX, JMCVX, JSCVX, JATEX
NEW YORK, Sept. 24, 2003 (PRIMEZONE) -- A class action lawsuit has been filed in United States District Court for the District of Colorado, case number 03-CV-1817, on behalf of all persons or entities who purchased or otherwise acquired Janus Funds family of funds (the "Funds") owned and operated by Janus Capital Group, Inc. and its subsidiaries and affiliates, during the period between October 1, 1998 and July 3, 2003, both dates inclusive, (the "Class Period"). The Complaint names Janus Capital Group Inc.; Janus Capital Corporation; Janus Capital Management, LLC; Janus Investment Fund; Edward J. Stern; Canary Capital Partners, LLC; Canary Investment Management, LLC; Canary Capital Partners, Ltd.; each of the Funds; and John Does 1-100 as defendants.
The World Golf League, Inc.
The WGL Repurchases Several Licenses
ALTAMONTE SPRINGS, Fla., Sept. 25, 2003 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it has repurchased several licenses including New York, Pennsylvania, Arkansas, Virginia, Michigan, Wisconsin and Canada for a total of $362,000. In addition the WGL plans to buy back licenses in New England, Northern California, Indiana, and Kentucky by October 15, 2003 for an additional $125,000.
Atlas Minerals Inc.
Atlas Acquires Perlite Property in New Mexico
DENVER, Sept. 25, 2003 (PRIMEZONE) -- Atlas Minerals Inc. (OTCBB:ATMR) (the "Company") announced today it has reached an agreement to purchase the majority (88%) of the outstanding common shares of Toro Mining and Minerals, Inc. ("Toro"), which owns the Toro perlite property located approximately 37 miles northwest of Deming, New Mexico. The final acquisition is conditional on the Company successfully completing a financing adequate to effect closing, scheduled for October 15, 2003, or sooner pending the availability of funds. The Company has retained IBK Capital Corp. of Toronto to assist with such financing.
MacReport.Net -- Pilot Program Brings Success with Seven New Clients
MELVILLE, N.Y., Sept. 25, 2003 (PRIMEZONE) -- The MacReport.Net (OTCBB:MRPT) announced the successful completion of a marketing pilot program, which took effect thirty days ago and has resulted in the addition of seven new clients. The program was marketed to twenty-five companies over the past four weeks and to date has brought a closing ratio of over twenty five percent. "The deployment of our strategy focused in on cost and exposure as well as time management," stated Adam J. Reznikoff, executive vice president. He added, "We have a very large database of potential clients that need our services and we feel strongly about our approach given the market climate and today's corporate concerns. We've just scratched the surface and given the numbers over the next twelve months, we've concluded a two hundred and fifty two thousand-dollar campaign in just four weeks. Our next step is to market to over one-hundred companies in the next month while keeping client satisfaction a top priority."
Old Mutual plc
Old Mutual -- Nedcor raises capital
LONDON, Sept. 25, 2003 (PRIMEZONE) --Old Mutual (Other OTC:ODMTF) draws attention to today's announcement by Nedcor Limited ("Nedcor"), the South African banking group in which it has a 53% stake, regarding capital raising activities of Nedcor's subsidiary, Nedbank Limited.
OMHEX completes divestment of office in Edinburgh through MBO
STOCKHOLM, Sweden, Sept. 25, 2003 (PRIMEZONE) -- As a part of OMHEX' (then OM) cost reduction program announced on June 30, 2003, OMHEX' operations in Edinburgh have been closed down and divested. This transaction is now completed through a Management Buy-Out ('MBO').
V-Net Beverages, Inc.
V-Net Beverages, Inc. -- Two Patented Technologies Received US Patent Office Approval
TEMECULA, Calif. Sept. 25, 2003 (PRIMEZONE) -- V-Net Beverages, Inc. (Pink Sheets:VNTB), a Temecula, California publicly traded company, trading under the stock symbol VNTB is pleased to announce that "Impact Beverages Inc.," of which, V-Net Beverages, Inc. is acquiring a 25% stake, has recently received US Patent Office approval for two of its four patent pending technologies.
V-Net Beverages, Inc.
V-Net Beverages Inc. Acquired 20% Interest of Nutritional Beverages LLC
TEMECULA, Calif., Sept. 25, 2003 (PRIMEZONE) -- V-Net Beverages, Inc. (Pink Sheets:VNTB), a Temecula, California publicly traded company, trading under the stock symbol VNTB, is pleased to announce that it has completed negotiations to acquire a 20% interest in a newly developed beverage manufacturing company located in Phoenix, Arizona.