latest news releases from the newsroom
Eternal Energy Corp.
Eternal Energy Corp. Raises $1.6 Million in First Closing of Private Placement
LITTLETON, Colo., March 8, 2006 (PRIMEZONE) -- Eternal Energy Corp. (OTCBB:EERG) announced that it raised approximately $1,605,000 of financing in the first closing of a private placement from issuance of its common stock and warrants to purchase common stock to accredited investors. The first closing occurred on March 2, 2006. In connection with the first closing, Eternal Energy issued 3,210,000 units of common stock and common stock purchase warrants, with each unit consisting of one share of its common stock and warrant to purchase one share of its common stock, at a per unit purchase price of $0.50. The warrants have an exercise period of two years and an exercise price of $1.00 per share. The warrants will be exercisable in cash, representing potential additional proceeds of $3,210,000, assuming the warrants are fully exercised in cash. The warrants also provide for cashless exercise under certain circumstances. Eternal Energy expects that additional units may be sold in subsequent closings of the private placement through March 17, 2006.
MEDirect Latino, Inc.
MEDirect Latino Inc. Achieves Record Revenue Results in February
PLANTATION, Fla., March 8, 2006 (PRIMEZONE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced record results for February 2006 in gross billings, new patient shipments and call volume. MEDirect Latino reports gross billings of $906,936 during the month, a 12.67% increase over January's billings of $804,949. The Company's gross product profit margins remained unchanged at 78%. Total new patient shipments for February numbered 3,672, an increase of 15.25% over January's shipments of 3,186. The Company's 'patient hold journal' (approved and pending shipment for regulatory processing), closed the month with 4,447 additional customers, an increase of 8% over January 4,106, approved and pending shipment for regulatory processing. MEDirect Latino expects to monetize its approved and pending patient orders in March, which is typical to the industry model.
The Atlantic Philanthropies Re-Launches Website by Digital Pulp
NEW YORK, March 8, 2006 (PRIMEZONE) -- The Atlantic Philanthropies re-launched its website, www.atlanticphilanthropies.com, this past month. The site was planned, designed and developed by Digital Pulp, a New York-based interactive agency. The Atlantic Philanthropies selected Digital Pulp in a highly competitive review process based on Digital Pulp's previous experience with building large-scale content sites, its work with other nonprofits and the expertise of its technology team.
Budget Waste Inc.
Budget Waste Inc. Completes Acquisitions of DB Waste Disposal Inc., DB Porta-a-Podi Ltd. and Strathmore Septic Services Ltd.
CALGARY, Alberta, March 8, 2006 (PRIMEZONE) -- Budget Waste Inc. (BWI) (Pink Sheets:BDWT), the Calgary area's largest local roll-off waste hauling company, has completed its acquisitions of DB Waste Disposal Inc., DB Porta-a-Podi Ltd. and Strathmore Septic Services Ltd. These acquisitions will increase the BWI fleet of roll-off bins currently offered; as well as expand BWI's services to include front-end bin, portable toilet rentals and septic services. These combined companies bring over 52 years of experience and knowledge in the waste industry and will further strengthen BWI's position and revenue streams by enabling BWI to provide complete waste hauling and total construction site servicing. With these acquisitions, BWI's combined annual revenues will exceed $5 million dollars.
Tony Roma's Opens Its Doors to Licensing
DALLAS and ATLANTA, March 8, 2006 (PRIMEZONE) -- Tony Roma's, the #1 casual dining brand specializing in ribs, has hired Nancy Bailey & Associates to launch and manage its worldwide brand extension licensing program. The licensing program will leverage the brand's award winning BBQ flavors and menu items, and strong consumer awareness to develop food products and hard goods. Licensed food categories will include refrigerated and frozen beef, pork and chicken products, BBQ Sauces, marinades, dressings and spices, frozen and refrigerated appetizers, meals and side dishes. Hard goods categories will include grilling accessories, grill tools and specialty cookware. New licensing partners will join existing licensees Pierre Foods and Rupari Food Services.