LOS ANGELES & HANOI, Vietman--(BUSINESS WIRE)--Cavico Corp. (“Cavico” or “the Company”) (OTC BB: CVIC - News), a leading infrastructure development company in Vietnam, today announced that on January 22, 2009 the Company’s wholly owned subsidiary, Cavico Bridge and Tunnel Construction (“Cavico Bridge”), was awarded a $6.2 million contract by Cooperativa Muratori e Cementisti – CMC di Ravenna (“CMC”), an Italian leading construction company, for tunnel construction work at Theun HinBoun Expansion Project in Laos.
Cavico Bridge and Tunnel will be responsible for constructing a 1000 meter long tunnel and a 45 meters deep dismantling shaft. The company expects to complete the construction in 24 months and the first phase of the project will involve road preparation to transport Tunnel Boring Machine (TBM), which is expected to be completed by July 2009.
Theun HinBoun Power Company (“THPC”) is the owner and operator of the existing 220-Megawatt Theun HinBoun hydropower, which is currently in operation in Bolikhamsai province. In September 2008, THPC contracted CMC as the main contractor for Theun HinBoun Expansion Project after receiving approval from the Laos government to construct an additional hydropower plant in the same area of the existing plant. Electricity generated from this plant will be sold to the neighboring country, Thailand.
“The Laos government has demonstrated significant encouragement to Vietnam for exploring hydropower opportunities in the country. The government plans to build about 50 to 60 large and small sized plants in this country,” commented Mr. Hai Thanh Tran, vice president of Cavico. “Laos has gained increased importance for contractors like Cavico and we see this as a great opportunity and a potential market place. We believe contracting with Theun HinBoun Expansion Project will open new doors of prospects for Cavico to enter other markets in addition to Vietnam, both as an investor and contractor.”
About Cooperativa Muratori e Cementisti – Cmc di Ravenna
Founded in Ravenna in 1901, Cooperativa Muratori e Cementisti – Cmc di Ravenna is an Italian leading construction company. CMC has operations across Italy and overseas. CMC realizes 90% of its consolidated annual turnover, of about €640 million in 2006, from construction works. Due to technical and management ability, economic and financial stability as well as to the extensive experience acquired all over the world in great infrastructure works, CMC ranks among the few Italian general contractors qualified for executing the highest class of contracts. CMC has a permanent staff of about 500 people and currently employs over 5,000 people worldwide.
About Cavico Corp. (OTCBB: CVIC - News)
Cavico Corp. is focused on large infrastructure projects, which include the construction of hydropower facilities, dams, bridges, tunnels, roads, mines and urban buildings. Cavico is also making investments in hydropower facilities, cement production plants and urban developments in Vietnam. The company employs more than 3000 employees on projects worldwide, with offices throughout Vietnam and a satellite office in Australia.
Founded in 2000, Cavico is a major infrastructure construction, infrastructure investment and natural resources conglomerate headquartered in Hanoi, Vietnam. Cavico is highly respected for its core competency in the construction of mission-critical infrastructure including hydroelectric plants, highways, bridges, tunnels, ports and urban community developments. One of the Company’s primary competitive advantages is its ability to nurture a project “from concept through completion” with a vertical portfolio of interrelated investment, permitting, design, construction management and facility maintenance services. Cavico’s project partners include top multi-national corporations and government organizations. The Company employs more than 3,000 full-time, part-time, and seasonal workers. For more information, visit http://www.cavicocorp.com. Information on the Company’s Web site or any other Web site does not constitute a portion of this release.
Saturday, February 07, 2009
(MONA.pk) - Mon Arc Corporation Explains Special Dividend Policy
MONTREAL, Feb. 6 /PRNewswire-FirstCall/ - www.monacorporation.com - The Company (MONA) has been receiving a very high volume of investor enquiries regarding the status of dividends that have been previously announced. Investors should note that all of the dividends previously announced are still forthcoming, but there have been unforeseen delays in processing and executing the distribution of these dividends, which are beyond the control of the company.
Many of the delays that have been encountered relate to the complexity of calculating the quantity of shares or cash amounts to be distributed and determining the accuracy of the distribution to shareholders entitled to receive them. The company's transfer agency has been working diligently with the various regulatory bodies to ensure that these distributions are handled in a manner that can reliably verify the accuracy of the distribution process. The fact that a number of these dividends require the identification of shareholders at a previous point in time, and verification that qualifying shareholders have held shares continuously between the Date of Record and the ex-dividend date as announced, have led to some unanticipated difficulties. Until these are resolved to the satisfaction of all regulatory parties, the dividends cannot be distributed. Moreover the company is still to receive some of these as payment in order to make a distribution.
The dividends in question include the following:
1. A cash dividend declared on October 7, 2008, of $0.20 per share is to
be paid to shareholders who have held their shares continuously since
September 30th, 2005. A certain provision excludes payment to
management, insiders, and founders of MonArc Group, adding to the
complexity of the calculations. This cash dividend was allocated and
designated to shareholders who invested in the company in 2005 when
the company's operations were crippled by the 4 consecutive
hurricanes which effected the company's operations while it was
located in Florida.
2. Each qualified share of MONA will receive 0.123 shares of Emerald
stock in respect of the spin-off of Sino Medica into the Emerald
Capital Group (3EM Frankfurt Exchange). The dividend is to be paid to
shareholders of record as of February 1, 2008. It is MonArc
managements understanding that this company is in the process of
being moved to Pink Sheets from Frankfurt.
3. A stock dividend of 0.0026 shares of Landstar Corporation (LDSR) for
each share of MonArc Corporation will be distributed to shareholders
of record as of February 1, 2008 in respect of the MonArc Group
interest of a spin-off of Hubei Chuguan Industry Co. Ltd. to Landstar
in December, 2008.
4. A stock dividend of shares of RMD Entertainment, Inc. (RMDM) shares
will be distributed in respect of the spin-off of Beijing Innotrek
Technology Co. Ltd. into RMD Entertainment in October, 2008. A total
of 2.4 shares of RMD Entertainment (RMDM) will be distributed for
each share of MonArc Corporation held on the date of record of
October 16, 2008. The total number of shares anticipated to be
distributed is approximately 1,000,000,000. MonArc has not received
these shares yet as this company is in the process of obtaining a new
CUSIP number and a new trading symbol including a stock reverse. MONA
agents are currently in China discussing various options available to
both companies. One option under consideration may involve a post
reverse stock distribution and another where MONA would in a capacity
as a shareholder only acquire and keep acquiring RMDM shares on the
open market. The company sees this as a win win for all concerned and
its recommendations are under review by the RMDM management and its
legal advisors.
The Company is working to ensure that problems with the previous stock dividend of shares of Good Life China Corporation (GLCC) are not repeated. The management sub come to the shareholders pressure to issue these dividends, did so prematurely with the restrictive legend attached "restricted shares". In the case of the GLCC stock dividend, many shareholders had their shares directed to their brokerage houses, who in turn as we are advised, recorded the shares under the fictitious ticker symbol "GOLIF" in order to identify them as restricted shares. The Company has been advised by many of its shareholders that there have been difficulties with this distribution, as the brokerage houses in question are requiring a legal opinion from each shareholder attesting to the fact that the shares can have their restrictive legends removed be provided by each individual shareholder. The company has also learned that Good Life China management franticly tried to recall the dividend as it learned that some of the recipients received their stock as free trading from their brokers, which eroded much of their values on relatively small trades. The management does not intend to make the same mistake again.
To address this issue, the Company will be holding the upcoming share dividends in escrow, until they are satisfactorily aged, and allowed to be distributed as free trading shares under the SEC rules and regulations, with the legal opinion letter attached when distributed to the brokers.
The Company is optimistic that the complications encountered in providing sufficient verification regarding the accuracy of these distributions is close to being resolved, and will be providing updates on developments on a timely basis. The company verily believes that this dividend calculation difficulty is further compounded by the extreme shorting which affected the company's security over the years. Briefly with a name change and a CUSIP change the company was able to shake the short sellers off. Moreover, as evidenced by the ongoing litigation in Toronto Canada where amongst other things the company's previous agents are seeking an injunction against the stock bashers and a blog type web site Investors Hub that caters and harbours these individuals, which encourages factual company information to be removed or deleted while slanderous and erroneous self serving comments designed and crafted by short sellers with the sole intent to exploit the novice shareholders.
Aforementioned dividends # 2 and # 3 namely Sino Medica and Land Star were earned as a consulting fee by the company's Secretary Garr Winters for the benefit of MonArc Group while the company was engaged in the business of a USA based SPC company for the Chinese markets. It should be noted that investors qualifying for these various dividends can expect to receive dividends that will have a material value in relation to MonArc's current share price.
According to the company records, and notwithstanding various financing and recapitalizations the company undertook to acquire these assets and or interests in these assets, which are now being distributed to its shareholders in their entirety, the current actual share structure and float is exorbitant, extensive, and extravagantly, in favour of the company shareholders in comparison to what the market price currently reflects. The company is hopeful that these dividends once calculated and paid out will not only expose the activities of this blog web site and its dark propaganda machine which prays on the novice, and inexperienced shareholders, but will also rain in the short sellers and their activities which went on undetected for a prolonged period of time.
The company wishes to use this opportunity to advise its shareholders that in these currently depressed economic times, MONA remains a viable healthy company with good resources both financially and in human resources with its ITI Bio Tech company flourishing.
Investors seeking more information can contact The Investors Line, www.theinvestorsline.com Tel (860) 819-3746
Many of the delays that have been encountered relate to the complexity of calculating the quantity of shares or cash amounts to be distributed and determining the accuracy of the distribution to shareholders entitled to receive them. The company's transfer agency has been working diligently with the various regulatory bodies to ensure that these distributions are handled in a manner that can reliably verify the accuracy of the distribution process. The fact that a number of these dividends require the identification of shareholders at a previous point in time, and verification that qualifying shareholders have held shares continuously between the Date of Record and the ex-dividend date as announced, have led to some unanticipated difficulties. Until these are resolved to the satisfaction of all regulatory parties, the dividends cannot be distributed. Moreover the company is still to receive some of these as payment in order to make a distribution.
The dividends in question include the following:
1. A cash dividend declared on October 7, 2008, of $0.20 per share is to
be paid to shareholders who have held their shares continuously since
September 30th, 2005. A certain provision excludes payment to
management, insiders, and founders of MonArc Group, adding to the
complexity of the calculations. This cash dividend was allocated and
designated to shareholders who invested in the company in 2005 when
the company's operations were crippled by the 4 consecutive
hurricanes which effected the company's operations while it was
located in Florida.
2. Each qualified share of MONA will receive 0.123 shares of Emerald
stock in respect of the spin-off of Sino Medica into the Emerald
Capital Group (3EM Frankfurt Exchange). The dividend is to be paid to
shareholders of record as of February 1, 2008. It is MonArc
managements understanding that this company is in the process of
being moved to Pink Sheets from Frankfurt.
3. A stock dividend of 0.0026 shares of Landstar Corporation (LDSR) for
each share of MonArc Corporation will be distributed to shareholders
of record as of February 1, 2008 in respect of the MonArc Group
interest of a spin-off of Hubei Chuguan Industry Co. Ltd. to Landstar
in December, 2008.
4. A stock dividend of shares of RMD Entertainment, Inc. (RMDM) shares
will be distributed in respect of the spin-off of Beijing Innotrek
Technology Co. Ltd. into RMD Entertainment in October, 2008. A total
of 2.4 shares of RMD Entertainment (RMDM) will be distributed for
each share of MonArc Corporation held on the date of record of
October 16, 2008. The total number of shares anticipated to be
distributed is approximately 1,000,000,000. MonArc has not received
these shares yet as this company is in the process of obtaining a new
CUSIP number and a new trading symbol including a stock reverse. MONA
agents are currently in China discussing various options available to
both companies. One option under consideration may involve a post
reverse stock distribution and another where MONA would in a capacity
as a shareholder only acquire and keep acquiring RMDM shares on the
open market. The company sees this as a win win for all concerned and
its recommendations are under review by the RMDM management and its
legal advisors.
The Company is working to ensure that problems with the previous stock dividend of shares of Good Life China Corporation (GLCC) are not repeated. The management sub come to the shareholders pressure to issue these dividends, did so prematurely with the restrictive legend attached "restricted shares". In the case of the GLCC stock dividend, many shareholders had their shares directed to their brokerage houses, who in turn as we are advised, recorded the shares under the fictitious ticker symbol "GOLIF" in order to identify them as restricted shares. The Company has been advised by many of its shareholders that there have been difficulties with this distribution, as the brokerage houses in question are requiring a legal opinion from each shareholder attesting to the fact that the shares can have their restrictive legends removed be provided by each individual shareholder. The company has also learned that Good Life China management franticly tried to recall the dividend as it learned that some of the recipients received their stock as free trading from their brokers, which eroded much of their values on relatively small trades. The management does not intend to make the same mistake again.
To address this issue, the Company will be holding the upcoming share dividends in escrow, until they are satisfactorily aged, and allowed to be distributed as free trading shares under the SEC rules and regulations, with the legal opinion letter attached when distributed to the brokers.
The Company is optimistic that the complications encountered in providing sufficient verification regarding the accuracy of these distributions is close to being resolved, and will be providing updates on developments on a timely basis. The company verily believes that this dividend calculation difficulty is further compounded by the extreme shorting which affected the company's security over the years. Briefly with a name change and a CUSIP change the company was able to shake the short sellers off. Moreover, as evidenced by the ongoing litigation in Toronto Canada where amongst other things the company's previous agents are seeking an injunction against the stock bashers and a blog type web site Investors Hub that caters and harbours these individuals, which encourages factual company information to be removed or deleted while slanderous and erroneous self serving comments designed and crafted by short sellers with the sole intent to exploit the novice shareholders.
Aforementioned dividends # 2 and # 3 namely Sino Medica and Land Star were earned as a consulting fee by the company's Secretary Garr Winters for the benefit of MonArc Group while the company was engaged in the business of a USA based SPC company for the Chinese markets. It should be noted that investors qualifying for these various dividends can expect to receive dividends that will have a material value in relation to MonArc's current share price.
According to the company records, and notwithstanding various financing and recapitalizations the company undertook to acquire these assets and or interests in these assets, which are now being distributed to its shareholders in their entirety, the current actual share structure and float is exorbitant, extensive, and extravagantly, in favour of the company shareholders in comparison to what the market price currently reflects. The company is hopeful that these dividends once calculated and paid out will not only expose the activities of this blog web site and its dark propaganda machine which prays on the novice, and inexperienced shareholders, but will also rain in the short sellers and their activities which went on undetected for a prolonged period of time.
The company wishes to use this opportunity to advise its shareholders that in these currently depressed economic times, MONA remains a viable healthy company with good resources both financially and in human resources with its ITI Bio Tech company flourishing.
Investors seeking more information can contact The Investors Line, www.theinvestorsline.com Tel (860) 819-3746
Wednesday, February 04, 2009
(INIX.pk) - iFinix Corp Releases Positive Shareholder Letter
PLAINVIEW, NY--(MARKET WIRE)--Feb 3, 2009 -- iFinix Corp (Other OTC:INIX.PK - News), a provider of real-time financial information and services to active traders and to the securities industry, is pleased to update its shareholders.
First of all I would like to take this opportunity to wish all iFinix shareholders a happy and healthy new year. The management of iFinix is very optimistic that 2009 will be a happy and productive year for the company.
I am acutely aware that investors are anxious to be brought up to date on all recent developments in the company, especially those regarding announcements the company has made since my appointment as CEO of iFinix. However, the new management and I have determined that it is not in the company's best interest to generate pre-mature announcements regarding forward-looking company developments. Inevitably, everything takes longer than expected to accomplish. This only tends to dishearten our shareholders and causes the management and myself to lose credibility. We have determined that it is in the best interest of the shareholders to first work diligently on achieving those goals which we set forth for the company rather than waste time putting out "fluffy" press releases.
When I was put in control of the company in June 2008, I faced many difficulties within the company and made the decision, that in order to turn the company around we had to withdraw our software from the market for a complete revision and upgrading, and focus our efforts on acquiring 100% of Proactive Futures in an all cash transaction. Since we took ownership of Proactive, the company's revenue has grown and today Proactive is a cash flow positive company. The parent company iFinix Corp will now be able to sustain itself from the cash flow generated by its subsidiary Proactive Futures. We have succeeded in stabilizing the company and continue to increase the revenues of Proactive. We are also looking forward to continued growth by entering the Forex market through our joint venture with Island Forex Trading. We have accomplished the above by staying focused and working diligently towards moving forward. We believe we can steadily increase the revenues of each of our trading divisions. This alone should make iFinix Corp. a significantly profitable company.
I can say with confidence that the "promises" I made to you are soon to become a reality, however I will announce each and every development only when it becomes a reality.
Our intent is to continue to aggressively build our base of commodities traders in Proactive, develop a broad base of forex traders and also enter into the equity trading arena. Our goal is to make iFinix Corporation a holding company consisting of multiple subsidiaries and to create a fully synergistic group of operating companies, offering a full range of complementary products and services to active traders and the institutional and retail investment community. We also endeavor to have a significant number of traders in the aforementioned markets and then bring forth our newly developed state of the art trading software to each trader in all three of our trading divisions. In other words our strategy is to bring our software to our traders rather than try to bring traders to our software.
Furthermore, once our trading entities demonstrate that our platforms are the "cutting edge" technology available in its space, we will then set forth to license it to other trading firms and market it to individual subscribers.
In conclusion, we are now ready to move forward more aggressively. My promise to you now is that 2009 will be a very promising year for iFinix.
Benhope Munroe
255 Executive Drive
Suite 410
Plainview, NY 11803
About iFinix Corp.:
iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. Visit http://www.iFinix.com
First of all I would like to take this opportunity to wish all iFinix shareholders a happy and healthy new year. The management of iFinix is very optimistic that 2009 will be a happy and productive year for the company.
I am acutely aware that investors are anxious to be brought up to date on all recent developments in the company, especially those regarding announcements the company has made since my appointment as CEO of iFinix. However, the new management and I have determined that it is not in the company's best interest to generate pre-mature announcements regarding forward-looking company developments. Inevitably, everything takes longer than expected to accomplish. This only tends to dishearten our shareholders and causes the management and myself to lose credibility. We have determined that it is in the best interest of the shareholders to first work diligently on achieving those goals which we set forth for the company rather than waste time putting out "fluffy" press releases.
When I was put in control of the company in June 2008, I faced many difficulties within the company and made the decision, that in order to turn the company around we had to withdraw our software from the market for a complete revision and upgrading, and focus our efforts on acquiring 100% of Proactive Futures in an all cash transaction. Since we took ownership of Proactive, the company's revenue has grown and today Proactive is a cash flow positive company. The parent company iFinix Corp will now be able to sustain itself from the cash flow generated by its subsidiary Proactive Futures. We have succeeded in stabilizing the company and continue to increase the revenues of Proactive. We are also looking forward to continued growth by entering the Forex market through our joint venture with Island Forex Trading. We have accomplished the above by staying focused and working diligently towards moving forward. We believe we can steadily increase the revenues of each of our trading divisions. This alone should make iFinix Corp. a significantly profitable company.
I can say with confidence that the "promises" I made to you are soon to become a reality, however I will announce each and every development only when it becomes a reality.
Our intent is to continue to aggressively build our base of commodities traders in Proactive, develop a broad base of forex traders and also enter into the equity trading arena. Our goal is to make iFinix Corporation a holding company consisting of multiple subsidiaries and to create a fully synergistic group of operating companies, offering a full range of complementary products and services to active traders and the institutional and retail investment community. We also endeavor to have a significant number of traders in the aforementioned markets and then bring forth our newly developed state of the art trading software to each trader in all three of our trading divisions. In other words our strategy is to bring our software to our traders rather than try to bring traders to our software.
Furthermore, once our trading entities demonstrate that our platforms are the "cutting edge" technology available in its space, we will then set forth to license it to other trading firms and market it to individual subscribers.
In conclusion, we are now ready to move forward more aggressively. My promise to you now is that 2009 will be a very promising year for iFinix.
Benhope Munroe
255 Executive Drive
Suite 410
Plainview, NY 11803
About iFinix Corp.:
iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. Visit http://www.iFinix.com
(ETNL.pk) - Eternal Image Inc Launches Youth Casket Line Ahead of Schedule
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Eternal Image, Inc. (OTC:ETNL.PK - News), a public company engaged in the design, manufacturing and marketing of licensed brand funeral products, today announced that it will begin selling its first line of youth caskets early in the second quarter of this year. Prototype production has already commenced.
“There is nothing more agonizing for a parent than burying a child, yet until now there have been no funerary products designed to reflect the child’s life – everything has been very staid and stoic,” said Clint Mytych, CEO, Eternal Image. “Our Precious Moments products will reflect the innocence and beauty of childhood and allow families to personalize how they say goodbye to their own precious young family member.”
Due to demand from distributors and funeral homes, the line will launch about 10 months earlier than planned.
“Because we have been able to completely design and manufacture these products within the United States, we have been able to bring them to market far more quickly,” added Mytych.
The line will include caskets that are gender specific and will be available in all traditional youth sizes.
About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and largest manufacturer and marketer of licensed brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball™, STAR TREK™, Collegiate Licensing Corporation™ and other well-known brands, as well as pet urns and garden memorial stones featuring the American Kennel Club™ and Cat Fancier’s Association™. For more information about EI, visit www.EternalImage.net or call 1-888-6-CASKET.
“There is nothing more agonizing for a parent than burying a child, yet until now there have been no funerary products designed to reflect the child’s life – everything has been very staid and stoic,” said Clint Mytych, CEO, Eternal Image. “Our Precious Moments products will reflect the innocence and beauty of childhood and allow families to personalize how they say goodbye to their own precious young family member.”
Due to demand from distributors and funeral homes, the line will launch about 10 months earlier than planned.
“Because we have been able to completely design and manufacture these products within the United States, we have been able to bring them to market far more quickly,” added Mytych.
The line will include caskets that are gender specific and will be available in all traditional youth sizes.
About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and largest manufacturer and marketer of licensed brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball™, STAR TREK™, Collegiate Licensing Corporation™ and other well-known brands, as well as pet urns and garden memorial stones featuring the American Kennel Club™ and Cat Fancier’s Association™. For more information about EI, visit www.EternalImage.net or call 1-888-6-CASKET.
Monday, February 02, 2009
(ESYE.ob) -- Easy Energy Inc's YoGen Being Fit to Military Standards
LAS VEGAS, NV--(MARKET WIRE)--Feb 2, 2009 -- Easy Energy, Inc. (OTC BB:ESYE.OB - News), the sole owner of the YoGen® product suite, a line of highly innovative, compact, ergonomically efficient manpowered generators, designed for use recharging portable electronic devices ranging in size from cell phones to laptop computers, is pleased to announce that it has begun the process of adapting its YoGen® stand-alone hand-powered charger, currently built to standards appropriate for personal/commercial (civilian) use, to fit military quality standards.
The company further announced that it is in negotiations with procurement officials of the military of one nation (unnamed for reasons of security and confidentiality), with the goal of developing an agreement to supply their forces with a military version of the YoGen® charger, and is looking forward to entering discussions with representatives of the military of a second country in early February.
"We are extremely encouraged by the interest being shown in the YoGen® charger by various military organizations and are proceeding, without delay, to fit our charger to military specifications," commented Guy Ofir, CEO of Easy Energy, Inc. "The use of hand-held electronic devices is pervasive in today's military operations, and the difficulties presented in keeping them fully charged and ready for use on the battlefield are many. With the charging capability provided by YoGen®, the ground soldier will be able to sustain the operations of his communications devices, GPS, etc. in combat, without the need for weighty spare batteries or concern about the inevitable lack of conventional charging sources. We believe that the availability of a military version of the YoGen® charger would, in all probability, make a significant contribution to the success of any combat operation."
The YoGen® is available in two models for the commercial market, the basic version, which is a stand-alone hand-powered charger, and the premium version, that additionally includes a backup 650 mAh 3.7V battery which will provide charging power either when mechanically activated or via the battery when it is carrying a charge. For convenience, the premium version provides an SOC indicator, which advises the user of the charge state of the battery. The YoGen® devices represent a significant breakthrough in manpowered chargers in that, in addition to their extremely compact size, they are able to produce a uniquely high ratio of electrical output to human energy input and are far less tiring to operate than competitive units. In other words, these chargers have advanced the user friendliness and economics of this technology to the point at which they become eminently practical and desirable as a means to fill a void in an almost limitless market.
About Easy Energy:
Easy Energy, Inc. (OTC BB:ESYE.OB - News) is the sole owner of the YoGen® product suite of compact man-powered generators, which are designed to provide an innovative and effective solution to the currently underserved need of the almost limitless users of portable electronics devices for a power source that will ensure those devices' ability to operate in circumstances in which conventional recharging sources are unavailable. Included in the product line are the basic YoGen®, a slim, pocket-sized charger for small devices such as cell phones, GPS, iPODs, etc., which is operated by a convenient pull-cord; the YoGen Max(TM), a compact, fold-up foot-driven charger for laptop computer sized devices which also includes its own battery pack; and the most recently prototyped YoGen Bat(TM), which will replace a conventional cell phone battery and provide pull-cord charging capability without the need for a stand-alone charger. The company is headquartered in Las Vegas, Nevada with offices in Naariya, Israel. For more information on our company and innovative YoGen® product suite, please visit our corporate website at: http://www.easy-energy.biz
The company further announced that it is in negotiations with procurement officials of the military of one nation (unnamed for reasons of security and confidentiality), with the goal of developing an agreement to supply their forces with a military version of the YoGen® charger, and is looking forward to entering discussions with representatives of the military of a second country in early February.
"We are extremely encouraged by the interest being shown in the YoGen® charger by various military organizations and are proceeding, without delay, to fit our charger to military specifications," commented Guy Ofir, CEO of Easy Energy, Inc. "The use of hand-held electronic devices is pervasive in today's military operations, and the difficulties presented in keeping them fully charged and ready for use on the battlefield are many. With the charging capability provided by YoGen®, the ground soldier will be able to sustain the operations of his communications devices, GPS, etc. in combat, without the need for weighty spare batteries or concern about the inevitable lack of conventional charging sources. We believe that the availability of a military version of the YoGen® charger would, in all probability, make a significant contribution to the success of any combat operation."
The YoGen® is available in two models for the commercial market, the basic version, which is a stand-alone hand-powered charger, and the premium version, that additionally includes a backup 650 mAh 3.7V battery which will provide charging power either when mechanically activated or via the battery when it is carrying a charge. For convenience, the premium version provides an SOC indicator, which advises the user of the charge state of the battery. The YoGen® devices represent a significant breakthrough in manpowered chargers in that, in addition to their extremely compact size, they are able to produce a uniquely high ratio of electrical output to human energy input and are far less tiring to operate than competitive units. In other words, these chargers have advanced the user friendliness and economics of this technology to the point at which they become eminently practical and desirable as a means to fill a void in an almost limitless market.
About Easy Energy:
Easy Energy, Inc. (OTC BB:ESYE.OB - News) is the sole owner of the YoGen® product suite of compact man-powered generators, which are designed to provide an innovative and effective solution to the currently underserved need of the almost limitless users of portable electronics devices for a power source that will ensure those devices' ability to operate in circumstances in which conventional recharging sources are unavailable. Included in the product line are the basic YoGen®, a slim, pocket-sized charger for small devices such as cell phones, GPS, iPODs, etc., which is operated by a convenient pull-cord; the YoGen Max(TM), a compact, fold-up foot-driven charger for laptop computer sized devices which also includes its own battery pack; and the most recently prototyped YoGen Bat(TM), which will replace a conventional cell phone battery and provide pull-cord charging capability without the need for a stand-alone charger. The company is headquartered in Las Vegas, Nevada with offices in Naariya, Israel. For more information on our company and innovative YoGen® product suite, please visit our corporate website at: http://www.easy-energy.biz
(FFGO.pk) -- Fortress Financial Group Plans Reverse Merger
NEW YORK, NY--(MARKET WIRE)--Feb 2, 2009 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) confirms that it is now in final discussions which, if successful, will result in the Company entering a new Industry Sector. This will result in a Name, CUSIP Number and Trading Symbol change.
The Company was not in a position until this point to conclude any deals; but with the Company now being in a position to pay its stockholders the remaining and outstanding Stock Dividends, Management was placed in a position to now actively negotiate and conclude previously planned transactions for the Company for the benefit of its stockholders. This is primarily due to the removal of all negativity towards the Company with the payment of the Stock Dividends, this having being the major "stumbling block" for the Company's Management until now.
It is expected that this Reverse Merger will be consummated prior to the Dividend payouts; stockholders may rest assured that this will not in any way affect the date of the payments nor dilute the Extraordinary Dividend whatsoever.
The Company was not in a position until this point to conclude any deals; but with the Company now being in a position to pay its stockholders the remaining and outstanding Stock Dividends, Management was placed in a position to now actively negotiate and conclude previously planned transactions for the Company for the benefit of its stockholders. This is primarily due to the removal of all negativity towards the Company with the payment of the Stock Dividends, this having being the major "stumbling block" for the Company's Management until now.
It is expected that this Reverse Merger will be consummated prior to the Dividend payouts; stockholders may rest assured that this will not in any way affect the date of the payments nor dilute the Extraordinary Dividend whatsoever.
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