latest news releases from the newsroom
PharmChem Announces Possible Delisting Action by Nasdaq
HALTOM CITY, Texas, May 28, 2003 (PRIMEZONE) -- PharmChem Inc. (Nasdaq:PCHM) today announced that on May 22, 2003, the Company received a Nasdaq Staff Determination Letter stating that it had not maintained the $1 million minimum market value requirement for its publicly held shares ("MVPHS") as required by Marketplace Rule 4310(c)(7) for continued listing on the Nasdaq SmallCap Market. Since the Company had not maintained compliance with this rule, its securities are subject to delisting from the Nasdaq SmallCap Market on June 2, 2003.
OneSource Technologies, Inc.
OneSource Results Continue to Improve for the First Quarter of 2003
SCOTTSDALE, Ariz., May 28, 2003 (PRIMEZONE) -- OneSource Technologies, Inc. (OTCBB:OSRC) reported consolidated revenues of $777 thousand for the quarter ended March 31, 2003, a 14% increase over first quarter 2002 revenues of $679 thousand. Operating Profit and Net Loss of $22 thousand (less than $0.00 per share) and $12 thousand (less than $0.00 per share) respectively were also reported for the quarter-ended March 31, 2003 compared to Operating Losses and Net Losses of $73 thousand (less than $0.00 per share) and $110 thousand (less than $0.00 per share) respectively for the quarter ended March 31, 2002.
GoldSpring, Inc. Receives Updated Engineering Report & Support for Company's Plan for Initial Gold Production of Up to 200 tons/hr
SCOTTSDALE, Ariz., May 28, 2003 (PRIMEZONE) -- GoldSpring, Inc. (OTCBB:GSPG) announced today that Paul A. Pelke, Consulting Geologist of Reno Nevada, has provided an updated engineering report dated May 2003. Pelke was present on the April 2-3 property visit previously announced on April 8, 2003, when the mining production starting location was established on the Company's Spring Valley Placer Gold claims.
The Alternative to International Pharmacies -- U.S. Based PBRx, Inc. Opens PBRx.com
TAMPA, Fla., May 28, 2003 (PRIMEZONE) -- PBRx, Inc. announced the opening of PBRx.com, (www.pbrx.com) a national mail-order Generic pharmacy. "In response to FDA and Health Department concerns over International prescription drug imports from Canada and Mexico, PBRx.com was created in order to offer all Americans access to discounted generic prescription drugs at prices up to 73% lower than International pharmacies," stated John Paradi, Media Director for PBRx.com.
Saab: AerotechTelub Receives Order worth MSEK 28 from Sweden's Defence Materiel Administration
LINKOPING, Sweden, May 28, 2003 (PRIMEZONE) -- Saab: AerotechTelub has received an order worth MSEK 28 from the Swedish Defence Materiel Administration for reconstruction of the Missile System 77. The contract encompasses project management, modification and commissioning of the target illuminating radar (TIR) and gun mounting for the system. Following modification, the system will be renamed the Missile System 97 (RBS 97).