Friday, March 20, 2009

( - Enzyme Environmental Solutions Receives Intent for Buyout Offer

FORT WAYNE, IN--(MARKET WIRE)--Mar 20, 2009 -- The promise of news from South Korea has attracted positive attention to Enzyme Environmental Solutions (Other OTC:EESO.PK - News) as of late for its products and formulas, including the food and garbage applications inherent to the FG-500. One company has taken particular interest in EESO and came to CEO Jared Hochstedler recently with an offer to purchase the company in its entirety.

One week ago today, the prospective buyer deposited approximately 1% of the total purchase price offered into ESCROW as a sign of its good faith to follow through should Hochstedler accept the offer. On the flip side, the buyer requested that EESO release at least 300 Million of its remaining shares on a restricted basis as part of the overall exchange should both parties come to a mutual agreement; So far so good according to Hochstedler, "The buyer -- who we can't name just yet due to confines of our negotiations -- has taken particular interest in our industrial applications and is positioned very well internationally. I think it (the acquisition) could be a win-win for our prospective buyer and EESO shareholders... Further, as far as the shares are concerned, that puts us at about full capacity as we have 2 billion shares authorized... that said, due to recent occurrences with two different transfer agents, I feel it's in the company's, and its shareholders, best interest, to restrict our TA from releasing any share information at this time. Any due diligence can be done by interested parties through the Nevada Secretary of State website or office as this is a delicate negotiation and one I plan to see through to everyone's benefit; not one that during I can subject the company or its share price to with unnecessary volatility."

The buyer, a U.S. domiciled entity with an interest in progressive green technology, feels the timing is right for this deal, as its principal officer states, "I feel that Enzyme Environmental Solutions is on the cusp of an ever-progressing movement in a world where everyone is going green and carbon credits, not oil, are the new hot-topic commodity talk. It's a sign of the times and these formulas and their applications are effective and efficient. With their (EESO) agreements already in place and the interest from South Korea and even U.S. domestic hog farmers, etc., I think the time is right for a mutually attractive transaction in which we can continue to take this company to the next level."

Details to come on the progress of the negotiations. In the meantime, Hochstedler and staff are organizing notes from the recent South Korea trip for further company updates within the next few days.

Thursday, March 19, 2009

(SPNG.ob) - SpongeTech Lands $10 million in March Deals

NEW YORK, March 18 /PRNewswire-FirstCall/ -- SpongeTech® Delivery Systems, Inc., America's Cleaning Company(TM), (OTC Bulletin Board: SPNG - News) would like to inform shareholders of recent developments at your Company.

New orders for SpongeTech® products continue to grow at an impressive pace. From March 1 through March 17, the Company booked orders with a value of $9.6 million from well-known domestic retailers. The order agreements include the usual non-disclosure clauses to protect the competitive positions of our clients, so we are not permitted to announce the names of specific retailers until the SpongeTech® products have been shipped and appear on the store shelves. We will make further announcements when appropriate.

We noted on February 2 that there were roughly 700 million SPNG shares outstanding at that time. There have been no significant changes to date. All rumors to the contrary are unfounded and without merit.

It should be noted that on March 10 we petitioned the State of Delaware to increase the "authorized" common shares to 1.5 billion from 1.25 billion. While we have no present intention to issue more shares, we acted on the advice of legal counsel to increase the authorization to provide for possible future acquisitions, shareholder dividends, or other corporate purposes.

Thank you for your kind attention and loyalty as we continue to create "America's Cleaning Company."

Michael Metter CEO

Steven Moskowitz COO.

Monday, March 16, 2009

(COTE.ob) - Coates International Receives Agreement From Large Chinese University

WALL TOWNSHIP, NJ--(MARKET WIRE)--Mar 16, 2009 -- Coates International, Ltd. (OTC BB:COTE.OB - News) has received an agreement and business plan from the largest Engineering University in China, which is the blueprint and timeline for a joint effort between Coates and the University. Director Gregory G. Coates stated that he was satisfied with the initial draft agreement, because the terms of the proposed deal were consistent with the main points covered in the discussions held during his recent trip to China.

Management added that they were very impressed with the rapid response from China in framing the agreement and timelines of the Business Plan for Coates in China. We believe that this signals the Chinese intentions to move forward with all deliberate speed. Key elements of this three-step agreement are:

-- To fully test the CSRV Engine at the University's Automotive
Engineering Research Center in Shanghai, China.
-- To set up a Manufacturing and Production Operation for the CSRV
Engines of many different sizes, types and for many different applications.
-- To market and license the Coates Spherical Rotary Valve (CSRV) Engine
throughout China and Far Eastern countries.

Testing of the CSRV Engine in China is planning to commence in April of this year. Manufacturing is expected to start in December of 2009. The company has already commenced the process of working with our International Law and Patent Attorneys to finalize this agreement as soon as practicable.

About Coates International, Ltd.: Coates has been developing, over a period of more than 15 years, a patented spherical rotary valve CSRV Internal Combustion Engine, invented by George J. Coates and his son Gregory. The CSRV system technology is adaptable to combustion engines of many types. This technology is currently adapted to a number of practical applications, including industrial generators powered by engines incorporating the CSRV technology and designed to run on flare-off gas from oil wells, landfill gas and raw natural gas. The Company is actively engaged in preparing for the commencement of manufacturing of products for this technology.

( - Cross Atlantic Commodities Completes Merger of T-3 Media

FT. LAUDERDALE, Fla., March 16, 2009 (GLOBE NEWSWIRE) -- Cross Atlantic Commodities, Inc. (Other OTC:CXAC.PK - News), a distributor of specialty ``quality of life'' enhancement products, is proud to announce that the merger with T-3 Media is finalized. The merger was signed by both parties over the weekend by Todd Smith, President of T-3 Media, and Jorge Bravo, C.E.O. of CXAC.

Under the term of the merger, T-3 Media is now a wholly owned subsidiary of CXAC. T-3 will receive 10% of the outstanding shares of CXAC in restricted stock; these shares will be restricted for two years, with an earn-out when successful milestones are reached.

Todd Smith will head T-3 as president; and Jorge Bravo remains C.E.O. of Cross Atlantic Commodities. Kim Marks will be the CPA; he will prepare all financial information on both companies. Once financial statements and disclosures are completed, Jorge Bravo will upload the documents to

Jorge Bravo states, ``We are very excited about bringing in T-3 Media's product line under CACI's umbrella. OMG! Gel will be marketed as a stand-alone product, and follow the same business model as Rejuv by Caci. Our goal in a very short period is to get OMG! Gel sold through Direct Response and to get it to $100,000.00 per week in media buying.

``With the Emerge Lip Plumper, we plan on cross marketing this product with Rejuv by Caci. This product is a perfect fit with Rejuv by Caci and we will be adding it to our line in the near future.''

More details about the products, plans, and company developments are to follow in the media this week.

About Cross Atlantic Commodities, Inc.

Cross Atlantic Commodities, Inc. is a publicly traded company under the symbol CXAC. For more information about our products and company, please visit

Cross Atlantic Commodities, Inc. develops, acquires, markets and distributes specialty ``quality of life'' enhancement products and general merchandise to the public via direct response marketing, direct marketing and eventually mass retail/wholesale distributors. Products the company is currently focusing on include:

Rejuv by Caci(r) is our immediate results anti-aging cream.
OMG! Gel
Emerge Lip Plumper

Please review our PowerPoint presentations for a complete description of our new products.

Lip Enhancing Therapy.

Stimulating Personal Lubricant.

And Rejuv by Caci.