text:
EX-99.2
4
deep_8k-ex9902.htm
PRESS RELEASE
deep_8k-ex9902.htm
EXHIBIT
99.2
PRESS
RELEASE DATED JANUARY 8,
2008
NEWS
RELEASE
January
8, 2008
OTC
BB: DPDW
DEEP
DOWN ANNOUNCES FUNDING OF MAKO TECHNOLOGIES ACQUISITION
HOUSTON,
TX - January 8, 2008 - Deep Down, Inc. (OTCBB: DPDW) today announced that it has
closed on its anticipated additional $6,000,000 in debt financing with Prospect
Capital Corporation to fund its acquisition of Mako Technologies, Inc.
("Mako"). Headquartered in Morgan City, Louisiana, Mako serves the
growing offshore petroleum and marine industries with technical support
services, and products vital to offshore petroleum production, through rentals
of its remotely operated vehicles (ROV), topside and subsea equipment, and
diving support systems used in diving operations, maintenance and repair
operations, offshore construction, and environmental/marine
surveys.
As
part
of this funding, Deep Down paid $2,916,667 in cash, issued 6,574,074 restricted
shares of common stock of Deep Down and paid off an aggregate of $917,676 in
Mako bank debt. Up to $2,083,333 in cash and 4,695,767 restricted
shares of common stock of Deep Down will be paid upon completion of an audit
to
verify adjusted EBITDA expectations for the fiscal year ending December 31,
2007.
About
Deep Down,
Inc.
Deep
Down
specializes in the provision of innovative solutions, installation management,
engineering services, support services, custom fabrication and storage
management services for the offshore subsea control, umbilical, and pipeline
industries. The company fabricates component parts of subsea distribution
systems and assemblies that specialize in the development of subsea fields
and
tie backs. These items include umbilicals, flow lines, distribution systems,
pipeline terminations, controls, winches, and launch and retrieval systems,
among others. Deep Down provides these services from the initial field
conception phase, through manufacturing, site integration testing, installation,
topside connections, and the final commissioning of a project. The
Company's ElectroWave subsidiary offers products and services in the fields of
electronic monitoring and control systems for the energy, military, and
commercial business sectors. ElectroWave designs, manufactures, installs, and
commissions integrated PLC and SCADA based instrumentation and control systems,
including ballast control and monitoring, drilling instrumentation, vessel
management systems, marine advisory systems, machinery plant control and
monitoring systems, and closed circuit television systems.
The
Company's strategy is to consolidate service providers to the offshore industry,
as well as designers and manufacturers of subsea, surface, and offshore rig
equipment used by major, independent, and foreign national oil and gas companies
in deep-water exploration and production of oil and gas throughout the
world. Deep Down's customers include BP Petroleum, Royal Dutch Shell,
Exxon Mobil Corporation, Devon Energy Corporation, Chevron Corporation, Anadarko
Petroleum Corporation, Marathon Oil Corporation, Kerr-McGee Corporation, Nexen
Inc., BHP, Amerada Hess, Helix, Oceaneering International, Inc., Subsea 7,
Inc.,
Transocean Offshore, Diamond Offshore, Marinette Marine Corporation, Acergy,
Veolia Environmental Services, Noble Energy Inc., Aker Kvaerner, Cameron, Oil
States, Dril-Quip, Inc., Nexans, Cabett, JDR, and Duco, among
others. For further company information, please visit
www.deepdowninc.com
and
www.electrowaveusa.com
One
of our most important responsibilities is to communicate with shareholders
in an
open and direct manner. Comments are based on current management
expectations, and are considered "forward-looking statements", generally
preceded by words such as "plans", "expects", "believes", "anticipates", or
"intends." We cannot promise future returns. Our
statements reflect our best judgment at the time they are issued, and we
disclaim any obligation to update or alter forward-looking statements as the
result of new information or future events. Deep Down urges investors
to review the risks and uncertainties contained within its filings with the
Securities and Exchange Commission.
For
Further
Information
Steven
Haag, Investor Relations
ir@deepdowninc.com
281-862-2201
(O)
281-862-2522
(F)

text:
DEEP
DOWN

text: MAKO TECHNOLOGIES

text: Deep Down, Inc.

text:
Prospect
Capital Corporation

override: fund

text: Mako Technologies, Inc.

text: Deep Down

text: Deep Down

text: Deep Down

text:
Deep Down,
Inc.

text:
Deep
Down

text: Deep Down

text: Deep Down

text: Deep Down


dataset: buster

text:
EX-99.1
2
v367568_ex99-1.htm
EXHIBIT 99.1
Chanticleer Holdings
Completes Acquisition of Hooters Pacific Northwest Franchise
Company Also Completes
Acquisition of Spoon Bar & Kitchen
CHARLOTTE, NC -- 02/03/14 -- Chanticleer
Holdings, Inc.
(NASDAQ: HOTR)
(Chanticleer Holdings, or the "Company"), a minority
holder in the privately held parent company of the Hooters
®
brand Hooters Of America, and a franchisee of international
Hooters restaurants, has announced that it has completed the acquisition of Hooters' U.S. Pacific Northwest franchise rights
and two existing restaurants in Oregon and Washington.
Chanticleer has acquired 100% of the shares
of Tacoma Wings, LLC and Hooters of Oregon Partners, LLC, owners and operators of the two locations in Portland, OR and Tacoma,
WA. All leasehold and current franchise rights to the Hooters locations in Oregon and Washington have been transferred to the Company
and Management is evaluating locations around the Portland and Seattle areas for future restaurant openings.
In addition, Chanticleer also completed
its acquisition of Chef John Tesar's fine dining seafood restaurant, Spoon Bar & Kitchen, located in Dallas, TX, acquiring
100% of the shares of Dallas Spoon, LLC and Dallas Spoon Beverage, LLC. The Company intends to expand the Spoon brand taking its
healthier seafood menu into a new, fast-casual dining concept.
Mike Pruitt, Chairman and Chief Executive
Officer, commented, "We are starting off the new year successfully completing both of these acquisitions and more importantly
adding three operating restaurants to our portfolio. The Pacific Northwest provides strategic opportunities to expand the footprint
of our brands".
For more information on the transactions,
please refer to Chanticleer Holdings' filings at
www.sec.gov
.
About Chanticleer Holdings, Inc
Headquartered in a Charlotte, NC, Chanticleer
Holdings (HOTR), together with its subsidiaries, owns and operates restaurant brands in the United States and internationally.
The Company is a franchisee owner of Hooters® restaurants in international markets including England, South Africa, Hungary,
and Brazil and has joint ventured with the current Hooters franchisee in Australia and domestically in Oregon and Washington. Chanticleer
is evaluating several additional international opportunities. The Company also owns and operates American Roadside Burgers and
owns a majority interest in Just Fresh restaurants in the U.S.
For further information, please visit
www.chanticleerholdings.com
Facebook:
www.Facebook.com/ChanticleerHOTR
Twitter:
http://Twitter.com/ChanticleerHOTR
Google+:
https://plus.google.com/u/1/b/118048474114244335161/118048474114244335161/posts
Forward-Looking Statements:
Any statements that are not historical facts contained in this
release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of
1995 (PSLRA), which statements may be identified by words such as "expects", "plans", "projects,"
"will", "may", "anticipates", "believes", "should", "intends", "estimates,"
and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown
risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause
our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results,
performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to
differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions,
the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic
conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities
and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements
were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking
statements be subject to the safe-harbor provisions of the PSLRA.
Press Information:
Chanticleer Holdings, Inc.
Investor Relations
Phone: 704.366.5122
ir@chanticleerholdings.com

label: organization

text: Chanticleer Holdings

text: Hooters

text:
Chanticleer
Holdings, Inc.

text: Chanticleer Holdings

text: Hooters

text: Hooters

text: Hooters

text: Chanticleer

text: Tacoma Wings, LLC

text: Hooters of Oregon Partners, LLC

override: organization

text: Hooters

text: Chanticleer

text: Dallas Spoon, LLC

text: Dallas Spoon Beverage, LLC

label: person

text: Mike Pruitt

text: Chanticleer Holdings

text: Chanticleer Holdings

text:
Chanticleer
Holdings

text: Hooters

text: Hooters

text: Chanticleer

text: Chanticleer Holdings, Inc.

source_dataset: expertai/BUSTER

annotation_scope: BUSTER company-role spans plus reviewed organization, fund, person, and event additions with document-local surface projection; annotations remain non-exhaustive


text:
EX-99.1
4
ex99_1.htm
EXHIBIT 99.1
ex99_1.htm
Exhibit 99.1
KATY NEWS
FOR IMMEDIATE RELEASE
KATY INDUSTRIES, INC. ANNOUNCES CLOSING OF DISCO
SALE AND A NEW $20.0 MILLION CREDIT AGREEMENT
BRIDGETON, MO - October 11, 2011 - Katy Industries, Inc. (OTC BB: KATY) today announced the successful closing of the DISCO division ("DISCO") of Continental Commercial Products, LLC ("CCP") to DISCO Acquisition Corp. ("DISCO"), an affiliate of Cellucap Manufacturing Company ("Cellucap"), for $19.0 million. DISCO is a leading manufacturer and distributor of filtration, cleaning and specialty products used in the restaurant and commercial foodservice industry.
The transaction will allow CCP to continue to focus on its core business of providing high quality cleaning tools and supplies to the janitorial/sanitary market, while the combination of DISCO and Cellucap will strengthen each company's position in the foodservice disposables market.
The proceeds from the DISCO sale were used to pay off the Company's term loan and reduce the Company's outstanding revolving credit balance under its Revolving Credit, Term Loan and Security Agreement with PNC Bank, National Association (the "PNC Facility"). Concurrent with the closing of the DISCO sale, the Company entered into a new $20.0 million Loan and Security Agreement with The PrivateBank and Trust Company, which repaid the remaining revolving credit balance under the PNC Facility.
"The DISCO sale allows us to become more focused in the marketplace to become an even better supplier to the janitorial/sanitary industry", stated David J. Feldman, Katy's President and Chief Executive Officer. "The sale combined with the elimination of our term loan and reduction of our revolver balance, along with our new banking relationship, allows us to move forward toward our goal of driving our core business to greater revenues and profitability".
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements include all statements of the Company's plans, beliefs or expectations with respect to future events or developments and often may be identified by such words or phrases as "anticipates", "believes", "estimates", "expects", "intends", "plans", "projects", "may", "should", "will", "continue", "is subject to", or similar expressions. These forward-looking statements are based on the opinions and beliefs of Katy's management, as well as assumptions made by, and information currently available to, the Company's management. Additionally, the forward-looking statements are based on Katy's current expectations and projections about future events and trends affecting the financial condition of its business. The forward-looking statements are subject to risks and uncertainties that may lead to results that differ materially from those expressed in any forward-looking statement made by the Company or on its behalf. These risks and uncertainties include, without limitation, conditions in the general economy and in the markets served by the Company, including changes in the demand for its products; success of any restructuring or cost control efforts; an increase in interest rates; competitive factors, such as price pressures and the potential emergence of rival technologies; interruptions of suppliers' operations or other causes affecting availability of component materials or finished goods at reasonable prices; changes in product mix, costs and yields; labor issues at the Company's facilities or those of its suppliers; legal claims or other regulator actions; and other risks identified from time to time in the Company's filings with the SEC, including its Report on Form 10-K for the year ended December 31, 2009. Katy undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Katy Industries, Inc. is a diversified corporation focused on the manufacture, import and distribution of commercial cleaning products and consumer home products.
Company contact:
Katy Industries, Inc.
James W. Shaffer
(314) 656-4321

text: KATY INDUSTRIES, INC.

text: Katy Industries, Inc.

text: Cellucap Manufacturing Company

text: Katy Industries, Inc.

text: Katy Industries, Inc.


text:
EX-99.1
2
exhibit1.htm
EX-99.1
EX-99.1
FOR IMMEDIATE RELEASE
MUZE ACQUIRES LOUDEYE'S U.S.-BASED OPERATIONS
Loudeye to focus on expanding global operations with its OD2 services; Deal significantly
enhances Muze's digital media service capabilities and opens new verticals
Seattle, WA and New York, NY - May 1, 2006 -
Loudeye Corp. (Nasdaq: LOUD), a worldwide leader in
business-to-business digital media solutions, and Muze, the leading provider of entertainment
information services, announced today that Muze has acquired Loudeye's U.S.-based services and
operations in an asset purchase transaction for $11.0 million in cash. The transaction closed April
30, 2006. Muze assumed Loudeye's web and mobile digital music commerce services, operating on
Loudeye's U.S.-based platform. The platform also has the capabilities to offer portable music
subscription services to its customers. Live customers of the service are O2 Germany, ATT Wireless
mMode MusicStore (now Cingular Wireless mMode Music) and BurnLounge. The acquisition by Muze also
includes Loudeye's encoding services, including for EMI Music customers, and music sound samples
services, along with its hosting and internet radio services.
This transaction is a further step in Loudeye's plan announced in February 2006 to focus on its key
revenue generating customers, while substantially reducing Loudeye's cost structure. This
transaction better positions Loudeye to capitalize on growth opportunities in rapidly evolving
digital media markets, including mobile, and to accelerate innovation on Loudeye's OD2 service
offering, which Loudeye offers globally. The success of the OD2 service has made Loudeye the #1
seller of Windows Media (WMA) formatted full track music downloads in Europe.
Muze has acquired Loudeye's Seattle based digital media store services and online radio commerce
solutions, which enable secure downloads of digital media content for online and mobile users. The
acquisition includes the rights to a broad catalog from the four major labels, and many of the
leading independent labels and aggregators. Muze clients now have access to digital music and
radio, as well as fully-integrated or standalone e-commerce solutions. These services offer
retailers and other entities a "branded" digital music experience, with rapid deployment and at a
minimum of effort.
The acquisition also consolidates Muze's U.S. and European sound sample libraries with Loudeye's,
creating the world's largest label-sanctioned catalog in the world, augmented by the deepest, most
comprehensive, and most accurate music database available today. This combination of leading-edge
technology and world-class editorial content will enable Muze clients to greatly enhance their
respective businesses through subscriptions or downloads of digital media, all in support of their
specific business models.
"We are focused on achieving significant growth in our digital media store services globally. The
market for digital music downloads, including mobile, is expanding at a fast pace, and we are well
positioned in key markets to capitalize on this growth", said Mike Brochu, Loudeye president and
chief executive officer. "Moving forward, Loudeye remains committed to offering leading digital web
and mobile services through our successful OD2 platform and we look forward to further expanding
our services with existing partners as well as with ventures in new markets worldwide. This
transaction is a continuation of our restructuring efforts to streamline operations, align
technology platforms and significantly reduce our cost structure. The cash infusion from the deal
also strengthens our balance sheet. We will provide more information about the transaction,
together with our first quarter 2006 operating results, on our quarterly earnings conference call
scheduled for May 9, 2006".
According to Muze CEO Bill Stensrud, "Over the last 15 years, Muze has created the most
comprehensive and highly-valued database for music, movies, games and books. As entertainment
transitions from physical to digital media, this database becomes more critical than ever before in
enhancing the consumer experience. It's always been our intent to leverage Muze's unique asset as
a foundation on which to build a world-class digital commerce organization." He adds, "With the
addition of Loudeye's proven digital media platform, we have expanded our world-class service
offerings for our global customer base. With this acquisition, Muze is now truly the industry's
B2B choice for digital content".
With the transaction, Muze significantly expands its global presence, with the addition of a
Seattle office, adding to its New York headquarters and offices in the U.K. Loudeye will remain a
U.S.-based publicly traded company, with offices in Seattle, Bristol and London, U.K., Paris,
France, Cologne, Germany and Milan, Italy.
The digital music service customer relationships transferred in this transaction represented less
than 2% of Loudeye's total revenue for the year ended December 31, 2005, and the remaining
encoding, samples service, hosting and internet radio services represented approximately 23% of
Loudeye's total revenue for the year ended December 31, 2005. Loudeye previously announced that
encoding services for EMI Music, which represented 14% of total revenue for the year ended December
31, 2005, are expected to be transitioned to a new service provider during the second quarter 2006.
About Loudeye Corp.
Loudeye is a worldwide leader in business-to-business digital media solutions. Loudeye combines
innovative services with a broad catalog of licensed digital music and an industry leading digital
media infrastructure, enabling partners to rapidly and cost effectively launch complete, customized
digital media stores and services. For more information, visit
www.loudeye.com
.
About Muze Inc.
Muze is the leading provider of tools and information used to connect people to art, education, and
entertainment. Since 1991, Muze has provided the most comprehensive and accurate entertainment
content available. In stores, at home, and on the go, Muze content drives the media experience by
providing detailed information about entertainment products, turning browsers into buyers. Nearly
700 companies worldwide rely on Muze's rich entertainment content. Muze provides solutions to a
vast array of markets and verticals, ranging from in-store and online retail, portals, community
sites, auction sites, and consumer electronics. Clients include Yahoo!, eBay, Tower Records, Best
Buy, Overstock, Pricegrabber, Amazon, MSN, RealNetworks, BurnLounge, CNET, Virgin Megastores,
Transworld Entertainment, goHastings.com, and many others. Muze is based in New York City, with
European offices in London.
To learn more about Muze, please visit
www.muze.com
and
www.muzeeurope.com
.
Forward Looking Statements
This release contains forward-looking information within the meaning of the Private Securities
Litigation Reform Act of 1995. The forward-looking statements in this release are based on current
estimates and actual results may differ materially due to risks, including the possibility of
adverse changes in the market and growth projections for distribution of digital audio and video
that Loudeye serves; adverse or uncertain legal developments with respect to copyrights surrounding
the creation and distribution of digital content; pricing pressures and other activities by
competitors; the failure of hosting infrastructure; the complexity of digital media distribution
services and delivery networks; any problems or failures in the structure, complexities or
redundancies of Loudeye's network infrastructure; failures in third party telecommunication and
network providers to provide required transmission capacity; lack of market acceptance for
Loudeye's products and services; risks relating to Loudeye's ability to continue as a going
concern; and other risks set forth in Loudeye's most recent Form 10-Q, Form 10-K and other SEC
filings which are available through EDGAR at
www.sec.gov
. These are among the primary risks
we foresee at the present time. Loudeye assumes no obligation to update the forward-looking
statements.
Loudeye Contact:
Media/Public Relations
Karen DeMarco/Ariel Carpenter
mPRm for Loudeye
323.933.3399
kdemarco / acarpenter@mprm.com
Investor relations
Chris Pollak
(206) 832-4000
ir@loudeye.com
Muze U.S. Press Contact:
David Orban
212.824.0349
dorban@muze.com
Muze Europe Press Contact:
Doug Marshall
+44 (0)20 7566 8216
dmarshall@muzeeurope.com

text: MUZE

text: LOUDEYE'S U.S.

text: Muze

text: Muze

text: Muze

text: Loudeye's U.S.

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze

text: Muze


text:
EX-99.1
3
ex99-1.htm
Exhibit 99.1
The
Glimpse Group Closes Acquisition of Sector 5 Digital
Accretive
Acquisition Expected to Approximately Double Glimpse's Annual Revenues
NEW
YORK, NY, February 1, 2022 -
The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR, FSE: 9DR), a diversified Virtual
Reality ("VR") and Augmented Reality ("AR") platform company providing enterprise-focused VR and AR software
and services solutions, today announced the closing of its acquisition of Sector 5 Digital ("S5D"), a leading immersive technology
company.
S5D
(
www.sector5digital.com
) is an award-winning, enterprise focused, immersive technology company that combines brilliant storytelling
with emerging technologies for industry leading organizations. It helps companies transform their brands by creating innovative digital
content for marketing, communications, sales, entertainment, virtual events, training and simulation. Key customers include: American
Airlines, BAE Systems, Bell Flight, Ecolab, Galderma, Halliburton, Recaro, Textron Systems and others. S5D has approximately 25 employees,
was founded in 2014 and is based in Fort Worth, Texas.
Link
to Video:
https://vimeo.com/670398411
Lyron
Bentovim, President & CEO of Glimpse commented, "The successful completion of our largest acquisition to date, essentially
doubling our revenues, accretive to earnings and in a structure that is well aligned with our shareholders' interests, marks yet
another key milestone for Glimpse on our path to becoming the premier VR/AR software and services company".
"By
bringing Sector 5 Digital into the Glimpse family, we not only strengthen our financial and operational foundations, but also significantly
improve our ability to scale and create synergies. The acquisition adds hard to come by immersive technology talent including developers,
engineers and 3D artists, first tier customers and a high caliber industry executive, Jeff Meisner, who in addition to continuing as
S5D's General Manager will also serve as Glimpse's Chief Revenue Officer and join our Board of Directors. Together, we are
well positioned to propel Glimpse forward as an emerging leader in the immersive technology and metaverse landscape".
About
The Glimpse Group, Inc.
The
Glimpse Group (NASDAQ: VRAR, FSE: 9DR) is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and
AR software & services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry.
Glimpse's unique business model simplifies challenges faced by VR/AR companies and creates a robust ecosystem, while simultaneously
providing investors an opportunity to invest directly into the emerging VR/AR industry via a diversified platform. For more information
on The Glimpse Group, please visit
www.theglimpsegroup.com
About
Sector 5 Digital
Sector
5 Digital helps companies transform their brands by creating brilliant digital content for marketing, communications, sales, entertainment,
visualization and simulation. The company has an in-house studio developing immersive experiences through Virtual Reality (VR), Augmented
Reality (AR), 3D modeling and animation, film & video production, interactive game technology, and a lot more. For more information
on Sector 5 Digital, please visit
www.sector5digital.com
Safe
Harbor Statement
This
press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release
contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties.
Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ
materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business.
Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and
can be identified by forward-looking words such as "anticipate", "believe", "view", "could,"
"estimate", "expect", "intend", "may", "should", and "would"
or similar words. All forecasts are provided by management in this release are based on information available at this time and management
expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's
best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with
new and existing customers about our products and services. We assume no obligation to update the information included in this press
release, whether as a result of new information, future events or otherwise.
Glimpse
Contact:
Maydan
Rothblum
CFO
& COO
The
Glimpse Group, Inc.
917-292-2685
maydan@theglimpsegroup.com
Investor
Relations:
Mark
Schwalenberg, CFA
Director
MZ
Group - North America
312-261-6430
Glimpse@mzgroup.us
www.mzgroup.us

text:
The
Glimpse Group

text: Sector 5 Digital

text: The Glimpse Group, Inc.

text: Sector 5 Digital

text:
Lyron
Bentovim

text: Sector 5 Digital

text: The Glimpse Group, Inc.

text:
The
Glimpse Group

text: The Glimpse Group

text: Sector 5 Digital

text:
Sector
5 Digital

text: Sector 5 Digital

text:
Maydan
Rothblum

text:
The
Glimpse Group, Inc.


text:
EX-99
3
ex_99-1.htm
PRESS RELEASE DATED APRIL 7, 2006
Exhibit 99.1
IA GLOBAL ANNOUNCES DIVESTITURE OF REX TOKYO CO LTD SUBSIDIARY,
REDUCING ANNUAL OPERATING LOSSES BY APPROXIMATELY $1,550,000
TAMPA, FL April 7, 2006/PRNewswire-FirstCall/ --
IA Global Inc. (Amex: IAO) announced that it has sold its 60.5% interest in Rex Tokyo Co Ltd ("Rex Tokyo") back to Rex Tokyo. The closing occurred on April 4, 2006. The total purchase price was approximately $1,273,000 at current exchange rates. The company received approximately $193,000 on April 4, 2006, reducing its common ownership interest to 48.4% and will receive approximately $780,000 on April 30, 2006, for its remaining common ownership interest. Finally, the company will receive $300,000 on May 31, 2006 as repayment for its preferred shares and reimbursement of certain expenses incurred by the company on Rex Tokyo's behalf. The remaining payments are guaranteed by Hiroyuki Ejima, the CEO of Rex Tokyo.
The company divested Rex Tokyo due to operating losses of approximately $1,552,000 in 2005 and projected losses in 2006 due to industry conditions. Sales were $29,335,000 in 2005. The company is expecting to breakeven on the sale.
The company's President, Mark Scott, said, "the company divested its interest in Rex Tokyo because of significant operating losses in 2005 and projected losses in 2006. This was a difficult decision because of the significant revenue base of Rex Tokyo. We expect to focus on the expansion of the Global Hotline business and expect to seek additional merger and acquisition opportunities".
About IA Global Inc.
IA Global, Inc. is a public holding company focused on acquiring primarily Japanese companies that operate in the telecommunication area. We own 100% of Global Hotline, Inc., which operates call centers and is a reseller of telephone and broadband lines in Japan.
For further information, contact:
Mark Scott, President and CFO
IA Global Inc.
550 N. Reo Street, Suite 300
Tampa, FL 33609
813-261-5157 (t)
813-261-5158 (f)
scott@iaglobalinc.com
www.iaglobalinc.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects. Specifically, the statements in this press release concerning annual losses and merger and acquisition opportunities are forward-looking statements. Forward-looking statements in this report reflect the good faith judgment of our management and the statements are based on facts and factors as we currently know them. Forward-looking statements are subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Readers are urged not to place undue reliance
on these forward-looking statements which speak only as of the date of this press release. We undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.
"

text: IA GLOBAL

text: REX TOKYO CO LTD

text: IA Global

text: Rex Tokyo Co Ltd

text: Rex Tokyo

text: Rex Tokyo

text: Rex Tokyo

text: Rex Tokyo

text: Rex Tokyo

text: Mark Scott

text: Rex Tokyo

text: Rex Tokyo

text: IA Global

text: IA Global

text: Mark Scott

text: IA Global


text:
EX-99.1
2
f8kex991.htm
EXHIBIT 99.1
-- Converted by SECPublisher 3.1.0.1, created by BCL Technologies Inc., for SEC Filing
Exhibit 99.1
November 1, 2005 4:30 p.m. Pacific Time
Company Press Release
Cowlitz Bancorporation/AEA Bancshares Merger is Finalized Cowlitz Announces Management
SOURCE & CONTACT:
Cowlitz Bancorporation
Richard J. Fitzpatrick
President and Chief Executive Officer
360-423-9800
Al Shott
Karen Twietmeyer
Senior Vice President
Vice President
Longview, WA, November 1, 2005 - Cowlitz Bancorporation, (NASDAQ: CWLZ), parent company of Cowlitz Bank (
www.cowlitzbank.c
om), today
announced that it has completed the merger transaction with AEA Bancshares, Inc. and its wholly owned subsidiary bank, Asia-Europe-Americas Bank. The former Asia-Europe-Americas bank office in Seattle will operate as Bay Bank branch. Bay Bank is the
assumed business name also used by Cowlitz Bank in Bellevue and Vancouver, Washington and in Portland and Wilsonville, Oregon.
"We are excited to have a presence in the Seattle market, specifically the West Lake Union area. Bay Bank is looking forward to providing a high level of service to our existing Seattle customers, as well as helping other
businesses in the Seattle area achieve their greatest potential" said Richard J. Fitzpatrick, President and CEO of Cowlitz Bancorporation. "We have an extremely motivated staff in that office and are very pleased to welcome them to Cowlitz
Bank."
Al Shott, Senior Vice President & Regional Manager, will manage the office, assisted by Karen Twietmeyer, Vice President and Branch Manager. Mr. Shott has been involved in community banking and business lending in the
Seattle area for over twenty-five years. Ms. Twietmeyer has been a community banker for over fourteen years, the last four being at AEA Bank. "We could not be more pleased with the management we have in place", said Mr. Fitzpatrick, "They bring the
expertise and knowledge to build this branch effectively".
Following the merger, Cowlitz has assets of approximately $395 million and deposits of over $330 million. Cowlitz Bancorporation expects the merger to be accretive to earnings per share in 2006.
Cowlitz Bancorporation is the holding company of Cowlitz Bank, which was established in 1977. In addition to its four branches in Cowlitz County Washington, Cowlitz Bank's divisions include Bay Bank now located in Seattle,
Bellevue and Vancouver, Washington and Portland and Wilsonville, Oregon; and Bay Mortgage. Cowlitz specializes in commercial banking services for Northwest businesses, professionals, and retail customers, and offers trust services out of Longview
and Vancouver, Washington, and in its Bay Bank branch in Portland, Oregon.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995, which management believes are a benefit to
shareholders. These statements are necessarily subject to risk and uncertainty and actual results could differ materially due to certain risk factors, including those set forth from time to time in Cowlitz Bancorporation's filings with the
Securities and Exchange Commission (the "SEC"). You should not place undue reliance on forward-looking statements and we undertake no obligation to update any such statement. Specific risks related to forward-looking statements in this press release
include the Company's ability to effectively integrate Asia-Europe-Americas Bank into Cowlitz Bank, the Company's ability to realize significant positive impact from the acquisition, the continued strength of the local economy, continued demand for
the Company's products and services, the Company's ability to maintain growth in the current interest rate environment, and the Company's ability to maintain asset quality.

text: Cowlitz Bancorporation

text: AEA Bancshares

text: Cowlitz Bancorporation

text: Richard J. Fitzpatrick

text: Karen Twietmeyer

text: Cowlitz Bancorporation

text: AEA Bancshares, Inc.

text: Richard J. Fitzpatrick

text: Cowlitz Bancorporation

text: Karen Twietmeyer

text: Cowlitz Bancorporation

text: Cowlitz Bancorporation

text: Cowlitz Bancorporation


text:
EX-99.3
4
a05-9707_1ex99d3.htm
EX-99.3
Exhibit 99.3
ASSIGNMENT AND
ASSUMPTION AGREEMENT
This
Assignment and Assumption Agreement, dated as of May 16, 2005, by and
between Rexnord Corporation, a Delaware corporation ("Assignor") and Rexnord Industries, Inc.,
a Delaware corporation and wholly-owned subsidiary of Assignor ("Assignee"). Each capitalized term used but not defined
herein shall have the meaning ascribed to such term in the Stock Purchase
Agreement (as defined below).
W I T N E S S E T H:
WHEREAS,
Assignor entered into a Stock Purchase Agreement dated as of April 5, 2005
(the "
Stock Purchase Agreement
"), by and among The Falk Corporation (the
"Company"), Hamilton Sundstrand Corporation ("Seller") and Assignor to acquire
all of the issued and outstanding Shares of the Company from Seller, on the
terms and subject to the conditions set forth therein;
WHEREAS, in
accordance with Section 1.2(b)(iii) of the Stock Purchase Agreement,
Seller agreed to deliver at Closing two (2) guarantees (the "Guarantees")
executed by United Technologies Corporation in favor of Assignor, and Assignor
expects to receive from Seller such Guarantees at the Closing;
WHEREAS, in
connection with the Stock Purchase Agreement, Assignor entered into an
Agreement relating to employee benefits dated as of April 5, 2005, (the "
Employee
Benefits Side Agreement
"), by and among the Company, Seller and Assignor;
WHEREAS,
pursuant to Section 10.6(c) of the Stock Purchase Agreement, Assignor
may assign its rights under the Stock Purchase Agreement to an Affiliate
subject to the conditions set forth in such provision;
WHEREAS,
pursuant to paragraph 4 of each of the Guarantees, Assignor may assign its
rights under the Guarantees to any of Assignor's wholly-owned Subsidiaries
subject to the conditions set forth in such provision;
WHEREAS, the
Employee Benefits Side Agreement does not restrict Assignor's right to assign
its rights under such agreement;
WHEREAS,
Assignor wishes to assign all of its right, title, interest and obligations in,
to and under the Stock Purchase Agreement to Assignee, and Assignee wishes to
accept such rights and obligations, on the terms and conditions hereof; and
WHEREAS, in
connection with assignment of the Stock Purchase Agreement, Assignor wishes to
also assign all of its right, title and interest in, to and under the Employee
Benefits Side Agreement and the Guarantees, and Assignee wishes to accept such
rights, on the terms and conditions hereof.
NOW,
THEREFORE, in consideration of the foregoing and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto, intending to be legally bound hereby, agree as follows:
1.
Assignment
and Acceptance of Stock Purchase Agreement
.
Assignor hereby assigns to Assignee, effective as of the moment
immediately prior to Closing, all of its right, title, and interest in, to and
under the Stock Purchase Agreement. Assignee hereby accepts the assignment of Assignor's right, title,
and interest in, to and under the Stock Purchase Agreement.
2.
Assignment
and Acceptance of Employee Benefits Side Agreement
. Assignor hereby assigns to Assignee,
effective as of the moment immediately prior to Closing, all of its right,
title and interest in, to and under the Employee Benefits Side Agreement. Assignee hereby accepts the
assignment of Assignor's right, title and interest in, to and under the
Employee Benefits Side Agreement.
3.
Assignment
and Acceptance of Guarantees
.
Assignor hereby assigns to Assignee, effective as of the moment
immediately subsequent to Closing, all of its right, title and interest in, to
and under the Guarantees. Assignee hereby accepts, as of the
Closing, the assignment of Assignor's right, title and interest in, to and
under the Guarantees.
4.
Assumption.
Assignee
hereby (a) unconditionally assumes, undertakes and agrees to pay, satisfy,
perform and discharge in full, as and when due, all obligations and liabilities
of any kind arising out of, or required to be performed by Assignor under, the
Stock Purchase Agreement; and (b) unconditionally and irrevocably assumes,
undertakes and agrees to pay, satisfy, perform and discharge in full, as and
when due, all obligations and liabilities of any kind arising out of Assignee's
assumption of the Stock Purchase Agreement.
5.
Parties in Interest
. This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and
permitted assigns.
6.
Governing Law
. This Agreement shall be governed and
construed in accordance with the internal laws of the State of New York,
without regard to its principles of conflicts of laws.
7.
Counterparts
. This Agreement may be executed in one or more
counterparts, and by the different parties hereto in separate counterparts,
each of which when executed shall be deemed to be an original but all of which
taken together shall constitute one and the same instrument.
[Signature page to follow]
2
IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.
REXNORD
CORPORATION
By:
/s/ Thomas J. Jansen
Name:
Thomas J. Jansen
Title:
Executive Vice President
REXNORD
INDUSTRIES, INC.
By:
/s/ Thomas J. Jansen
Name:
Thomas J. Jansen
Title:
Executive Vice President
3

text: Assignor

text: Assignor

text: Assignor

text: The Falk Corporation

text: Hamilton Sundstrand Corporation

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor

text: Assignor


text:
EX-99.01
3
ex991.htm
PRESS RELEASE
Exhibit 99.1
CHINA VOICE HOLDING CORP. ACQUIRES NTELEC NETWORKS, LLC.
Dallas, Texas - April 21, 2011 -- China Voice Holding Corporation (CHVC) (OTC: CHVC), announced today that it has acquired 100% of the outstanding stock of NTELEC Networks, LLC ("NTELEC"), a U.S. VOIP Communications and Service company based in the Dallas, Texas area. Don Preston, President of NTELEC, will become Chief Executive Officer and Director of CHVC as a result of the acquisition. Tracy Hughes, CPA, MBA will become Chief Financial Officer.
Don Preston commented, "The acquisition of NTELEC's business by CHVC will provide a strong platform to allow for the expansion of the VOIP business in the United States. We believe that we have significant M &A opportunities as well as a plan to support strong domestic organic growth over the next two years. We also want to express our thanks to Bill Burbank, our former CEO, and D. Ronald Allen, our former CFO, for their years of service to CHVC and their vision in helping bring about this opportunity for CHVC".
China Voice Holding Corp. ("CHVC") is a U.S. publicly-traded holding company headquartered in Dallas, Texas with a portfolio of next-generation VOIP communications products and services doing business in the U.S.
Forward-Looking Statements
The foregoing, including any discussion regarding the Company's future prospects, contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to risks and uncertainties associated with economic conditions in the telecommunications industry, particularly in the principal industry sectors served by the Company; risks and uncertainties inherent in the operation of businesses outside the United States; changes in customer requirements and in the volume of sales to principal customers; the ability of the Company to assimilate acquired businesses and to achieve the anticipated benefits of such acquisitions; competition and technological change; and the ability of the Company to control operating costs and maintain satisfactory relationships with existing and potential vendors. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors that may be set forth in the Company's anticipated filings with the Securities and Exchange Commission.
China Voice Investor Contact:
The Eversull Group, Inc.
Jack Eversull
972-571-1624
214-469-2361(fax)
jack@theeversullgroup.com

text: CHINA VOICE HOLDING CORP.

text: NTELEC NETWORKS, LLC

text: China Voice Holding Corporation

text: NTELEC Networks, LLC

text: Don Preston

text: Don Preston

text: China Voice Holding Corp.


text:
EX-99.1
2
exh_991.htm
PRESS RELEASE
EdgarFiling
EXHIBIT 99.1
Brookline Bancorp, Inc. and First Commons Bank, N.A. Complete Merger
BOSTON, March 01, 2018 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (the "Company") (NASDAQ:BRKL), the bank holding company for Brookline Bank, Bank Rhode Island and First Ipswich Bank, today announced the successful closing of the previously announced merger of First Commons Bank, N.A. ("First Commons Bank") with and into Brookline Bank.
Pursuant to the terms of the Agreement and Plan of Merger entered into between the parties on September 20, 2017, each outstanding share of First Commons Bank common stock will be exchanged for 1.089 shares of the Company's common stock.
Company President and CEO, Paul Perrault, said of the transaction, "We are pleased to welcome the customers and employees of First Commons to the Brookline family. We look forward to deepening existing customer relationships with the enhanced and additional services offered by Brookline".
About Brookline Bancorp, Inc.
Brookline Bancorp, Inc., a bank holding company with approximately $6.8 billion in assets and branch locations in eastern Massachusetts and Rhode Island, is headquartered in Boston, Massachusetts and operates as the holding company for Brookline Bank, Bank Rhode Island and First Ipswich Bank. The Company provides commercial and retail banking services and cash management and investment services to customers throughout Central New England. More information about Brookline Bancorp, Inc. and its banks can be found at the following websites: www.brooklinebank.com, www.bankri.com, and www.firstipswich.com.
Special Note Concerning Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements regarding estimated cost savings, tangible book value dilution and expected earn-back, pre-tax non-interest expenses, and the amount of accretion of the transaction to the Company's earnings, and reflect the current views of the Company's management with respect to, among other things, future events and the Company's financial performance. These statements are often, but not always, made through the use of words or phrases such as "may", "should", "could", "predict", "potential", "believe", "will likely result", "expect", "continue", "will", "anticipate", "seek", "estimate", "intend", "plan", "project", "forecast", "goal", "target", "would" and "outlook", or the negative variations of those words or other comparable words of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond Brookline's control. Accordingly, the Company cautions you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. The following factors, among others listed in the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, could cause the actual results of the Company's operations to differ materially from expectations: the parties' ability to achieve the synergies and value creation contemplated by the proposed acquisition; the parties' ability to successfully integrate operations in the proposed acquisition; the effect of the announcement of the proposed acquisition on the ability of First Commons Bank to maintain relationships with its key partners, customers and employees, and on its operating results and business generally; competition; changes in economic conditions, interest rates and financial markets; and changes in legislation or regulatory requirements. The foregoing list of factors is not exhaustive. If one or more events related to these or other risks or uncertainties materialize, or if the Company's underlying assumptions prove to be incorrect, actual results may differ materially from what the Company anticipates. Accordingly, you should not place undue reliance on any such forward looking statements. Any forward-looking statement speaks only as of the date on which it is made, and the Company does not undertake any obligation to publicly update or review any forward looking statement, whether as a result of new information, future developments or otherwise. New risks and uncertainties arise from time to time, and it is not possible for the Company to predict those events or how they may affect it. In addition, the Company cannot assess the impact of each factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. All forward-looking statements, expressed or implied, included in this press release are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that the Company or persons acting on the Company's behalf may issue. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results.
Carl M. Carlson
Chief Financial Officer
617-425-5331
ccarlson@brkl.com

text: First Commons Bank, N.A.

text: Brookline Bank

text: First Commons Bank, N.A.

text: Brookline Bank

text: Brookline Bank

text: Carl M. Carlson


text:
EX-99.1
3
a07-11828_1ex99d1.htm
EX-99.1
Exhibit
99.1
Platinum Research Organization
Closes Transaction
and Announces New Board of Directors
CFO is Named and Prominent Board Formed to Drive Company
Growth
DALLAS (April 19, 2007)
-
Platinum Research Organization, Inc. (PLRO.OB),
a technology-based
company focused on research and commercialization of patented, high-performance
lubricants and coatings for the automotive, aviation, industrial and consumer
aftermarkets, announced that it has completed the transaction contemplated by
the contribution agreement it entered into October 26, 2006, with Platinum
Research Organization L.P., a Texas limited partnership, its limited partners
and the owners of its general partner and certain representatives of those
partners and new investors in a private placement of our Series "A" Preferred
Stock. As a result of the closing
transactions, Platinum Research Organization is a public company incorporated
in the State of Delaware, and the Texas limited partnership is a subsidiary of Platinum
Research Organization. Our company's
common stock will continue to be traded on the Over-The-Counter Bulletin Board.
To guide the newly combined company, a prominent board
of independent directors has been elected to steer it into various phases of commercialization.
In addition to appointing the board, the
company has appointed a seasoned chief financial officer, Mike Newman, formerly
CFO at Radio Shack, who is charged with establishing and maintaining strict
adherence to Sarbanes Oxley compliance and other regulatory controls.
"This is an
exciting new phase for Platinum", said John T. (Cork) Jaeger, Jr., director, president
and chief executive officer of Platinum Research Organization, Inc. (PRO). "We
believe that the financing alternatives available to us as a public company will
provide us the platform and access to capital to expand the PRO lubricant and
coating business. To help the management
team achieve company growth objectives, we have assembled a stellar board of
directors. This dedicated group of
individuals will focus on positioning PRO products for the future, building an
innovative corporate culture, and enhancing shareholder value.
Joining Cork
Jaeger on the board are five prominent business leaders who have played major
roles in managing and overseeing some of America's largest and most successful
corporations. The independent board is
composed of the following professionals:
Thomas G. Plaskett, serving as chairman of the board, and Arnold I.
Burns, Ben DuPont, T. Allan McArtor and Dr. Michael McMillan.
"We are delighted that the transaction with PRO, Inc.
has closed, and we, the independent directors, are prepared to bring our wealth
of experience to the company and its shareholders", said Tom Plaskett, PRO
Board Chairman.
"We are privileged to have this talented and
experienced group of executives who are committed to going beyond the typical
role of Board members", noted Jaeger. "This group brings to our company senior-level
experience and leadership in the key industries in which we operate, such as
automotive, aviation, law and government. Their years of experience as leaders in these
areas will provide immediate and invaluable counsel, as well as the ability to
identify important relationships needed to gain ground in commercialization.
The following are profiles of the PRO Board of
Directors:
Thomas G. Plaskett
,
chairman, has been a corporate director and senior executive for more than 25
years in the service, manufacturing and transportation industries. Since 1991, Mr. Plaskett has served as
chairman of Fox Run Capital Associates, a private consulting firm in
Dallas. Previously, he held
2
top management positions
at Pan Am Corporation, Continental Airlines, American Airlines and AMR
Corporation. Earlier in his career, he
held senior management positions at Legend Airlines and was on the board of
directors at Greyhound Lines, Inc.
Currently, Mr. Plaskett fills a non-executive chairman role at Novell
Corporation, and is a presiding director of Radio Shack in Fort Worth.
Arnold I. Burns
has been chairman of New York-based QuanStar Group,
LLC since 2004. In previous positions,
Mr. Burns served as managing director and senior partner at Natexis
Bleichroeder Inc., Arnold and S. Bleichroeder, Inc. and Proskauer Rose
LLP. From 1986 to 1988, he served the
U.S. Department of Justice in Wash., D.C. as an associate attorney general and
then as a deputy attorney general.
Currently, he is a member of the American Bar Association and the New
York State Bar Association. Mr. Burns also is a member of the board of
directors at New Valley Corporation, the NYC Economic Development Corporation
and the Yankee Entertainment Sports Network.
Ben DuPont
has more than 21 years of senior management
experience in the chemical, fiber and automotive industries. He is founder and president of Yet2.com, a
global organization with offices in Boston, London and Tokyo that specializes
in scouting for and acquiring new technology in addition to helping companies
divest of underutilized divisions.
Yet2.com works with a list of Fortune 100 companies including Proctor
& Gamble, Canon, Siemens, Bayer, Agfa, DuPont and Honeywell. Mr. DuPont co-founded DigitalEye and Emeron
(beachcam.com, trafficam.com, traintimes.com) which was acquired by Diamond
Technologies in 2002. Mr. DuPont has
four patents. Early career success came through developing a unique children's
toy that won five national awards from
Patenting Magazine,
Parents Magazine
and industry associations.
T. Allan
McArtor
has more than 27 years of experience in the aviation
industry. As chairman of Airbus North
America Holdings, he oversees operations in the United States and Canada in
addition to his role as governmental affairs liaison. Prior to joining Airbus, he founded and
served as chairman and CEO of Legend Airlines, a regional luxury airline based
at Dallas Love Field. From 1979 to 1994,
he was a member of the senior management team of Federal Express Corporation,
except for a period
3
of two years (1987-1989) when President Ronald Reagan
appointed him to serve as the Administrator of the Federal Aviation
Administration (FAA). Currently, Mr.
McArtor serves on the board of directors for several organizations
including: EADS North America, Inc.; The
European Institute; Washington Area Airports Authority; Aviation Safety
Alliance; GKN Aerospace Transparency Systems; and Committee for Economic
Development.
Dr.
Michael McMillan
has almost 40 years of senior-level
experience with organizations such as GM Powertrain, ILSAC and other firms in
the additive industry. For more than 35
years, Dr. McMillan served with General Motors where he concentrated on the
relationships of fuels and lubricants to their performance in automotive
components. Dr. McMillan also published
numerous papers on related subjects. He
was closely involved in ASTM efforts to develop low-temperature engine oil pumpability
testing and high-temperature rheological tests that predict engine wear. He also worked on CRC and STM efforts to
solve diesel fuel-related problems including low-temperature operability and
exhaust particulate formation. Concerned
with all aspects of engine oil quality and performance, he served as chairman
of the International Lubricant Standardization and Approval Committee
(ILSAC). In addition, he was co-chairman
of the Administrative Guidance Panel which oversaw the API Engine Oil Licensing
and Certification System, and was an active participant in numerous ASTM and
SAE technical committee activities. In
2002, he was elected a Fellow of the Society of Automotive Engineers.
About Platinum Research
Organization, Inc.
Platinum Research Organization, Inc.
(www.platinumresearch.com), formed in 1996, is a leader in the design and
commercialization of patented, high-performance lubricants and coatings that
target the automotive, aviation, industrial and consumer aftermarket. The
company's proprietary formulations and processes are protected by four U.S.
patents, five U.S. patent applications, three continuation-in-art applications
and several trade secrets. The company is
based in Dallas.
Safe Harbor Statement under the
Private Securities Litigation Reform Act of 1995
Statements about the future
performance of the company, economic trends, and other forward-looking
statements in this release are made pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995. Investors
are cautioned that such forward-looking statements involve risks and
uncertainties, including and without limitation, continued acceptance of the
company products, increased levels of competition for the company, new products
and technological changes, the company dependence on third-party suppliers, and
other risks detailed from time to time in the company's periodic reports filed
with the Securities and Exchange Commission.
The company provides no assurance regarding the actual outcome of the
events contemplated by any forward-looking statements included in this release.
# # #
4

text: Platinum Research Organization, Inc.

text:
Platinum
Research Organization L.P.

text: Platinum Research Organization, Inc.

text: Thomas G. Plaskett

text: Thomas G. Plaskett

text:
Platinum Research
Organization, Inc.

text: Platinum Research Organization, Inc.


text:
EX-99.1
25
v158752_ex99-1.htm
AFFINITY
GOLD CORP.
7950
Main Street, Suite #217
Maple
Gove, MN 55369
Symbol:
AFYG - OTCBB
August
14, 2009
NEWS
RELEASE
AFFINITY GOLD CORP.
COMPLETES ACQUISITION
OF AMR PROJECT PERU
S.A.C.
Maple Grove, Minnesota - August 14, 2009
- Affinity Gold
Corp. (OTC-BB: AFYG) ("Affinity" or the "Company") is pleased to announce that
on August 14, 2009, the Company completed the Share Exchange Agreement, dated
May 8, 2009, entered into between the Company, AMR Project Peru S.A.C. ("AMR")
and all the shareholders of AMR (the "Share Exchange Agreement"), whereby the
Company acquired 99.99% of the issued and outstanding shares in the capital of
AMR in exchange for the issuance of 12,000,000 shares of the Company's common
stock in aggregate to the shareholders of AMR on a pro rata basis in accordance
with each AMR shareholders' percentage ownership in AMR. As a result
of the completion of the Share Exchange Agreement, AMR became a 99.99% owned
subsidiary of the Company.
AMR is
the owner of the mining concession title named "AMR Project" covering 500
hectares and the mining concession certificate as evidenced by Certificate No.
7996-2006-INACC-UADA granted to AMR by the Republic of Peru, National Institute
of Concessions and Mining Cadastre on December 11, 2006 (the "
Mining Concession Rights
"),
which Mining Concession Rights are located in the Inambari River Basin on the
flat plains region at an altitude greater than 1500' and accessible by land and
air, in the District of Ayapata, Province of Carabaya, Department of Puno,
Peru.
In
addition, concurrently with the completion of the Share Exchange Agreement, by a
letter agreement entered into on May 8, 2009 (the "Letter Agreement") between
the Company and Mr. Antonio Rotundo, the Company's current President, CEO, CFO
and a director cancelled 26,500,000 shares of the 27,800,000 shares of common
stock of the Company registered in his name. After the cancellation
of shares by Mr. Antonio Rotundo and the issuance to the former AMR
shareholders, the issued and outstanding shares of common stock in the Company
is 51,106,195 shares.
For
further information please refer to the Company's filings with the SEC on EDGAR
available at www.sec.gov.
About
Affinity Gold Corp.:
Affinity
Gold Corp. is a mineral exploration and development company engaged in the
acquisition, exploration and development of gold mineralization properties
internationally. Affinity Gold Corp.'s current primary focus is gold
exploration in Peru.
www.affinitygold.com
CONTACT: Affinity
Gold Corp., +1-763-424-4754, info@affinitygold.com
FORWARD-LOOKING
STATEMENTS This news release may include "forward-looking statements" regarding
Affinity Gold Corp., and its subsidiaries, business and project plans. Such
forward-looking statements are within the meaning of Section 27A of the
Securities Act of 1933, as amended, and section 21E of the United States
Securities and Exchange Act of 1934, as amended, and are intended to be covered
by the safe harbor created by such sections. Where Affinity Gold
Corp. expresses or implies an expectation or belief as to future events or
results, such expectation or belief is believed to have a reasonable
basis. However, forward-looking statements are subject to risks,
uncertainties and other factors, which could cause actual results to differ
materially from future results expressed, projected or implied by such
forward-looking statements. Affinity Gold Corp. does not undertake
any obligation to update any forward-looking statement, except as required under
applicable law.

text:
AFFINITY
GOLD CORP.

text: AFFINITY GOLD CORP.

text:
AMR PROJECT PERU
S.A.C.

text:
Affinity Gold
Corp.

text: AMR Project Peru S.A.C.

text: Antonio Rotundo

text: Antonio Rotundo

text: Affinity Gold Corp.

text:
Affinity
Gold Corp.

text: Affinity Gold Corp.

text:
Affinity
Gold Corp.

text: Affinity Gold Corp.

text:
Affinity Gold
Corp.

text: Affinity Gold Corp.


text:
EX-99.1
3
oasclosingpressrelease-prn.htm
EX-99.1
Document
Oasis Petroleum Inc. Completes Strategic Acquisition of Williston Basin Assets, Announces Redetermination of Its Borrowing Base, and Schedules Third Quarter 2021 Conference Call
HOUSTON, Oct. 21, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis" or the "Company") announced today it has completed the previously announced strategic acquisition of Williston Basin assets from Diamondback Energy ("Seller"). The cash payment made at closing to the Seller of $511.3MM is net of the $75MM deposit paid in 2Q21 and reflects customary purchase price adjustments to the transaction, which was valued at approximately $745MM with an effective date of April 1, 2021.
Oasis also announced the lenders under its senior secured revolving credit facility completed their regular semi-annual redetermination of the borrowing base, resulting in the borrowing base increasing from $400MM to $900MM. The elected commitment amount will remain at $450MM. The next redetermination of the borrowing base is scheduled for April 1, 2022. On September 30, 2021, Oasis had a cash balance of approximately $818.9MM, $0 drawn on its credit facility, and $400MM of unsecured notes. Pro forma cash adjusting for the acquisition would have been $307.6MM.
"The closing of this asset acquisition allows us to integrate and drive significant value from our Williston Basin position, where we see long-term running room given our pro forma inventory depth", said Danny Brown, Oasis' Chief Executive Officer. "The closing follows Oasis' Permian Basin exit in June and represents a strategic portfolio repositioning, where we were able to buy assets for PDP value and sell assets for a significant premium to PDP value. With the closing, Oasis' pro forma volumes increase by approximately 50%".
"Oasis has fundamentally aligned resources with our core competitive strengths and strategic focus of building a sustainable enterprise that generates attractive returns and significant free cash flow for the benefit of the Company and shareholders. Oasis remains committed to increasing its fixed dividend by over 33% to $0.50/share, or $2.00/share annualized, in November 2021".
"I'm thankful for the hard work of all those involved in this transaction, with special thanks to the field employees who have been running the asset since we announced the transaction", added Mr. Brown. "We look forward to Oasis operating this asset in a manner consistent with our values: being respectful of, and engaging with, all of our stakeholders, including the Three Affiliated Tribes on the Fort Berthold Indian Reservation; showing commitment to our communities and the environment; and operating in a safe and sustainable manner".
Third Quarter 2021 Earnings Call
Oasis plans to announce its Third Quarter 2021 financial and operational results on Wednesday, November 3, 2021 at market close. Additionally, the Company will host a live webcast and conference call on Thursday, November 4, 2021 at 10:00 a.m. Central Time to discuss Third Quarter 2021 financial and operational results.
Investors, analysts and other interested parties are invited to listen to the webcast:
Date:
Thursday, November 4, 2021
Time:
10:00 a.m. Central Time
Live Webcast:
https://www.webcaster4.com/Webcast/Page/1052/43295
Sell-side analysts wishing to ask a question may use the following dial-in:
Dial-in:
888-317-6003
Intl. Dial-in:
412-317-6061
Conference ID:
9965822
Website:
www.oasispetroleum.com
A recording of the conference call will be available beginning at 12:00 p.m. Central Time on the day of the call and will be available until Thursday, November 11, 2021 by dialing:
Replay dial-in:
877-344-7529
Intl. replay:
412-317-0088
Replay access:
10161313
The call will also be available for replay for approximately 30 days at www.oasispetroleum.com.
Additionally, Oasis Petroleum and Oasis Midstream Partners plan to participate in the following energy conferences and investor events:
November 18:
Bank of America Global Energy Conference
December 8:
Capital One Energy Conference
December 14:
Pickering Energy Partners TE&MFest
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include the expectations of plans, strategies, objectives and anticipated financial and operating results of the Company, including the Company's drilling program, production, derivative instruments, capital expenditure levels and other guidance included in this press release, as well as the impact of the novel coronavirus 2019 ("COVID-19") pandemic on the Company's operations. These statements are based on certain assumptions made by the Company based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. These include, but are not limited to, changes in crude oil and natural gas prices, developments in the global economy, particularly the public health crisis related to the COVID-19 pandemic and the adverse impact thereof on demand for crude oil and natural gas, the outcome of government policies and actions, including actions taken to address the COVID-19 pandemic and to maintain the functioning of national and global economies and markets, the impact of Company actions to protect the health and safety of employees, vendors, customers, and communities, weather and environmental conditions, the timing of planned capital expenditures, availability of acquisitions, the ability to realize the anticipated benefits from the Williston Basin acquisition and Permian Basin divestitures, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as the Company's ability to access them, the proximity to and capacity of transportation facilities, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting the Company's business and other important factors that could cause actual results to differ materially from those projected as described in the Company's reports filed with the U.S. Securities and Exchange Commission. Additionally, the unprecedented nature of the COVID-19 pandemic and the related decline of the oil and gas exploration and production industry may make it particularly difficult to identify risks or predict the degree to which identified risks will impact the Company's business and financial condition. Because considerable uncertainty exists with respect to the future pace and extent of a global economic recovery from the effects of the COVID-19 pandemic, the Company cannot predict whether or when crude oil production and economic activities will return to normalized levels.
Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
About Oasis Petroleum Inc.
Oasis Petroleum Inc. is an independent exploration and production company with quality and sustainable long-lived assets in the Williston Basin. The Company is uniquely positioned with a best-in-class balance sheet and is
focused on rigorous capital discipline and generating free cash flow by operating efficiently, safely and responsibly to develop its unconventional onshore oil-rich resources in the continental United States. For more information, please visit the Company's website at www.oasispetroleum.com.
CONTACT: Oasis Petroleum Inc., Danny Brown, Chief Executive Officer, Michael H. Lou, Chief Financial Officer and Executive Vice President, Bob Bakanauskas, Director, Investor Relations, (281) 404-9600, ir@oasispetroleum.com

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text: Oasis Petroleum Inc.

text: Danny Brown

text: Michael H. Lou

text: Bob Bakanauskas


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EX-99.1
3
vgz-20140221ex9910fee24.htm
EX-99.1
vgz - 2014221 - Midas Sale EX 991
EXHIBIT 99.1
7961 Shaffer Parkway
Suite 5
Littleton, CO 80127
Phone: 720-981-1185
Fax: 720-981-1186
Trading Symbol: VGZ
Toronto and NYSE MKT Stock Exchanges
__________________ NEWS _________________
Vista Gold Corp. ANNOUNCES THE COMPLETION OF the sale of 16,000,000 shares of midas gold corp.
Denver, Colorado, February 14, 2014 - Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today announced that it has completed the previously announced sale of 16,000,000 common shares (the "Offered Midas Shares") of Midas Gold Corp. ("Midas") for gross proceeds of Cdn$12.8 million.
In addition, as required under the terms of its loan facility granted by Sprott Resource Lending Partnership, the Company used proceeds to pay down its loan by approximately Cdn$5.5 million, resulting in an outstanding balance of approximately US$1.7 million. The remainder of the proceeds will be used for general corporate purposes.
Vista currently holds, directly and indirectly through Vista US, an aggregate of 15,802,615 common shares of Midas, representing approximately 12.4% of the outstanding common shares of Midas. Vista has agreed not to sell any of these shares of Midas for a period of 12 months.
About Vista Gold Corp.
Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 12.4% holding in Midas. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended, and forward-looking information within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as the use of the proceeds from the sale of the Offered Midas Shares and other such matters are forward-looking statements and forward-looking information. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this press release include the following: approved business plans, anticipated and estimated costs and budget expenditures to continue to optimize and advance the Company's core assets, the perceived extent and duration of the current weakness of gold equity securities and other such matters. When used in this press release, the words "optimistic", "potential", "indicate", "expect", "intend", "hopes", "believe", "may", "will", "if", "anticipate", "would", "could", and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of the completion and size of the Offering, risks associated with market conditions, uncertainty of resource estimates, estimates of results based on such resource estimates; risks relating to completing metallurgical testing; risks relating to cost increases for capital and operating costs; risks related to the timing and the ability to obtain approval of the environmental impact statement and the necessary permits for the Mt. Todd gold project, risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista's operations of environmental
regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in Vista's Annual Report Form 10-K as filed on March 14, 2013 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.
For further information, please contact Connie Martinez at (720) 981-1185.

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EX-99.1
3
ex_99-1.htm
PRESS RELEASE 1-07-08
ex_99-1.htm
247MGI
Completes VOIP Asset Acquisition
FT.
LAUDERDALE, FL--(MARKET WIRE)--Jan 7, 2008 -- 247MGI Inc. (Other OTC:TOFS.PK
-
News) ("247MGI") is pleased to announce that its wholly owned subsidiary
Sovereign Research, LLC has acquired all of the assets of SOYO Group, Inc.'s
(a
publicly traded company on the OTCBB) VOIP division in an all stock
transaction.
247MGI
has issued SOYO 40 million shares of restricted common stock with resale
restrictions. After the shares become eligible for resale under rule 144 for
the
next 2 years SOYO will only be able to sell 250,000 per quarter after TOFS
has
filed its financial report. The resale also has a daily limitation of only
25,000 per day until it has reached 250,000 for the quarter. After the resale
restrictions SOYO will be limited to the restrictions of resale under rule
144.
247MGI was able to purchase these Assets from SOYO because SOYO is focusing
more
on the consumer electronics, such as Bluetooth products, LCD TVs, and LCD
monitors.
247MGI
has acquired an operation VOIP infrastructure, over 4,000 items of inventory,
Direct Inbound Dial ("DID") numbers, and the domain name www.z-connect.net.
The
Assets purchased are able to handle 125 calls every second with a maximum of
5000 concurrent calls and up to 1.2 million users. 247MGI acquired 2 trunk
lines
for the DID (Direct Inward Dialing) number that cover the whole Southern
California and multiple cites in Florida.
Z-Connect
offers low International rates to several countries, rates that are lower than
Vonage offers. You can compare rates by clicking on these links:
http://phone.soyo.com/rates.php for Z-Connect and
http://www.vonage.com/intrates.php?lid=nav_intrates&refer_id=WEBIN070601000
1W1 for Vonage.
Z-Connect
in the past sold over 10,000 devices with 2,000 customers' 521 online users
including AZU. SOYO VOIP service is based on a flexible pay-as-you-go strategy,
enabling users to prepay for minutes, and make international and long-distance
calls at extremely low rates. "Peer-to-peer" calls between Z-Connect telephones
and routers within the Z-Connect Network are always free, anywhere in the world.
247MGI did not acquire any of the customer accounts as part of the acquisition
only the Assets, but has agreed to take over all the customer accounts and
service them at no additional cost to 247MGI.
247MGI
plans on integrating the VOIP system into its Player Application therefore
enabling peer-to-peer calls without any additional cost to the end user. 247MGI
also plans on marketing the VOIP service using the Player App instead of selling
typical phone hardware.
Current
Services that can be offered:
Z-Connect
Prepaid
Z-Connect
is the core service provided by SOYO VOIP system. End users can purchase
endpoint devices from SOYO resellers or SOYO online store.
Z-Connect
users can use either credit card or scratch card (sold by SOYO resellers) to
refill their Z-Connect accounts from http://phone.soyo.com website.
Z-Connect
Reseller Program
Z-connect
resellers sell SOYO Z-Connect devices and make a commission based on the refill
made by their end users. The system can keep track of all end point devices
and
the resellers who sold these devices.
White
Label VOIP Service
SOYO
provides following services to a virtual VOIP provider: a SIP proxy server
for
provider's customers to register to, A-Z termination, a billing system that
can
handle all AAA tasks, and a generic web interface for end users to manage their
account.
Phone
Booth Solution
The
phone
booth solution includes hardware devices (regular Ethernet SIP phones or 4-port
or 8-port FXS gateways) and a web based administration system to control the
calling rate, billing, and CDR. So phone booth manager can monitor ongoing
calls
and charge callers in real time.
VOIP
System Integration Service for SOHO
This
is a
consultant service for small/branch offices to integrate VOIP into their
existing analog PBX system. With SOYO FXS/FXO/Dual-Mode gateways, two remote
offices can link their PBX by Internet to save long distance or international
phone charges.
Matt
Dwyer, 247MGI's CEO stated, "With this acquisition 247MGI will add a new revenue
stream and add more value to an asset we currently own. By completing the
acquisition in the fourth quarter and retiring more debt this will enable the
company to have a much healthier balance sheet".
The
foregoing press announcement contains forward-looking statements that can be
identified by such terminology such as "believes", "expects", "potential,"
"plans", "suggests", "may", "should", "could", "intends", or similar
expressions. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results to be
materially different from any future results, performance or achievements
expressed or implied by such statements. In particular, management's
expectations could be affected by, among other things, uncertainties relating
to
our success in completing acquisitions, financing our operations, entering
into
strategic partnerships, engaging management and other matters disclosed by
us in
our public filings from time to time. Forward-looking statements speak only
as
to the date they are made. The Company does not undertake to update
forward-looking statements to reflect circumstances or events that occur after
the date the forward-looking statements are made.
Contact:
Contact:
247MGI
Inc.
Matt
Dwyer
Chairman
and CEO
954-323-2516

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Matt
Dwyer

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Matt
Dwyer


text:
EX-99.1
2
a991etp9-3x13lacledesaleco.htm
ENERGY TRANSFER PARTNERS, L.P. PRESS RELEASE DATED SEPTEMBER 3, 2013
99.1 ETP 9-3-13 LaClede Sale Completed
ENERGY TRANSFER COMPLETES SALE OF MISSOURI GAS ENERGY ASSETS TO LACLEDE GAS
DALLAS, September 3, 2013 - Energy Transfer Partners (NYSE: ETP) today announced that effective September 1, 2013, the sale of the assets of Missouri Gas Energy (MGE) to Laclede Gas Company, a subsidiary of The Laclede Group, Inc. (NYSE: LG), was completed for $975 million. MGE is a division of Southern Union Company (Southern Union), a wholly-owned subsidiary of ETP.
ETP expects the sale of the assets of Southern Union's New England Gas Company (NEG) natural gas distribution division for $60 million, less assumed debt, will be completed during the fourth quarter of 2013, pending receipt of required regulatory approval.
The sale by Southern Union of the MGE and NEG assets is another important step in ETP's efforts to streamline and integrate its asset portfolio through the divestiture of non-core assets. The cash proceeds from these sales will be utilized to repay debt, including borrowings under ETP's revolving credit facility.
Energy Transfer Partners, L.P. (NYSE: ETP) is a master limited partnership owning and operating one of the largest and most diversified portfolios of energy assets in the United States. ETP currently has natural gas operations that include approximately 33,000 miles of gathering and transportation pipelines, treating and processing assets, and storage facilities. ETP owns 100% of ETP Holdco Corporation, which owns Southern Union Company and Sunoco, Inc., and a 70% interest in Lone Star NGL LLC, a joint venture that owns and operates natural gas liquids storage, fractionation and transportation assets. ETP also owns the general partner, 100% of the incentive distribution rights, and approximately 33.5 million common units in Sunoco Logistics Partners L.P. (NYSE: SXL), which operates a geographically diverse portfolio of crude oil and refined products pipelines, terminalling and crude oil acquisition and marketing assets. ETP's general partner is owned by Energy Transfer Equity (NYSE: ETE). For more information, visit the Energy Transfer Partners, L.P. website at www.energytransfer.com.
This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control. An extensive list of factors that can affect future results are discussed in ETP's Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. ETP undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.
The information contained in this press release is available on our website at www.energytransfer.com.
Contacts
Investor Relations:
Energy Transfer
Brent Ratliff
214-981-0700 (office)
Media Relations:
Vicki Granado
Granado Communications Group
214-599-8785 (office)
214-498-9272 (cell)

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text: Energy Transfer Partners

text: Energy Transfer


text:
EX-99.3
7
ex99_3.htm
Exhibit 99.3
FutureWorld (FWDG) Sells Subsidiary FutureLand Properties, LLC
FutureLand Properties Second of Many to be spun-Off
FutureWorld Corp. (OTC: FWDG), a leading provider of advanced technologies and solutions to the global cannabis industry, announced today that on March 10, 2015 Aegea Inc. has purchased one hundred percent (100%) of FutureLand Properties, LLC, a wholly owned subsidiary of FutureWorld Corp for $120,000,000 in new issued common stock. The final valuation of the surviving company will be verified by a third party accounting firm with the acquisition of the FutureLand assets and corporation. FutureLand
'
s current asset comprise of 240 acres of prime property in southern Colorado and two signed lease agreements for grow facilities on its land.
The transaction is an arm
'
s length transaction and there are no material relationships and conflicts between the parties. Mr. Talari, Talari Industries or any insiders of FWDG, have no relationship or ownership of the other party of this transaction.
The details of transaction are as follows;
1- The Aegea Holders, post reverse division, will hold 4.9% of the ensuing outstanding and issued common shares for a period of one year post reverse division.
2- FutureWorld Corp Holders shall receive, post-reverse division, an amount of shares to be equal or greater to ninety four percent (94%) of the outstanding common shares of Aegea after such reverse division occurs.
3- Post reverse division, there shall be an issuance of common shares, and together with the remaining outstanding shares to a total of 30,000,000 shares issued and outstanding at the post reverse division price of $4 to $5 per share. Thereafter, FutureWorld Corp Holders to receive 28,200,000 shares of the new issued Common stock.
4- The final valuation of the surviving company will be verified by a third party accounting firm with the acquisition of the FutureLand assets and corporation. Such assets and matters being acquired into the Corporation shall include all the FutureLand properties and operations which shall be the main assets and operations of the Corporation.
5- The board of directors, post director change, purchased the assets and corporation being FutureLand from FWDG in exchange for the shares to be issued, which shall be distributed by FWDG. On March 16, 2015, the then current board of directors of Aegea, Inc. Keith Duffy, Scott Duffy, Carran Schneider, David Zajac and Lou Fuoco, did resign as directors of the Corporation, concurrent with the simultaneous appointment of Saed
"
Sam
"
Talari and John Verghese being appointed as the sole directors of Aegea, Inc.
Reasons for the sale and the transaction;
1
Extract value for the shareholders by spinning-off subsidiaries per our business model
2
Access to marketable securities and cash for corporate growth and dividend purposes
3
Increase balance sheet and overall financial health of the company
4
Access to capital for present and future purchase and leases of specialty zoned properties for the Cannabis industry by FutureLand
What shareholders should expect from this transaction;
1
dividend on part of the shares acquired through registration
2
stock dividends are only available to shareholders of record at the time of the coming notice
Based on its financial Proforma, by 2019, FutureLand will be one of the largest revenue producer in the grow industry in the nation. Its business plan is to continue attracting legal license holders to lease land and grow facilities on its 240 acres.
FutureLand Properties is one of many of FutureWorld subsidiaries planned spin-offs. FutureWorld has hastened its execution of its business plan to incubate and fund five (5) subsidiaries so far with award winning products in only 9 months. We plan on executing our business model in the next few weeks and months by our planned exit strategies (sale) for our subsidiaries, including URVape and CB Scientific.
As the only Cannabis Technology Accelerator, FutureWorld will incubate and fund leading technologies, products, and services for Cannabis industry (Industrial Hemp) for foreseeable future; bringing value to its core and its shareholders.
About FutureLand Properties, LLC
FutureLand Properties, LLC, a Colorado company, is a cannabis and hemp land leasing company formed to capitalize upon the emerging global cannabis market. FutureLand, focuses on target acquisition, zoning, license fulfillment, site plan preparation and financing of cannabis or hemp grow facilities throughout the United States. We give growers the opportunity to grow. We monetize through leasing the land, leasing the structures on the land, financing interest revenue and management fees associated with cultivation centers. FutureLand retains ownership of all the land and the structures we build on the land. FutureLand leases to both medical marijuana, retail marijuana as well as industrial hemp growers. FutureLand does not grow, distribute or sell marijuana.
To request further information about FutureLand, please email us at info@futurelandcorp.com, log onto our website at http://www.futureworldcorp.com
or visit us at our Facebook page https://www.facebook.com/pages/FutureLand-Corporation/848802538518505 or on Twitter @futurelandcorp
About FutureWorld Corp.
FutureWorld (OTC: FWDG), a Delaware corporation, is a leading provider of advanced technologies and solutions to the global cannabis industry. FutureWorld, together with its subsidiaries, focuses on the identification, acquisition, development, and commercialization of cannabis related products and services, such as industrial Hemp. FutureWorld, through its subsidiaries, provides personal and professional THC and CBD test kits, pharmaceutical grade CBD oil solutions, SafeVape vaporizers, smart sensor technology, communication network, surveillance security, data analysis for smart cultivation and consultation for the industrial hemp and legal medicinal cannabis. Our wireless agricultural smart sensor networks offer precision to the agriculture, irrigation systems, and greenhouses for the global cannabis and hemp industry. FutureWorld and its subsidiaries do not grow, distribute or sell marijuana.
- 2 -
To request further information about FutureWorld, please email us at info@futureworldcorp.com, log onto our website at http://www.futureworldcorp.com or visit us at our Facebook page facebook.com/futureworldenergy or on Twitter @futureworldinc.
Forward-Looking Statements
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact:
Media Contact
FutureWorld Corp.
Http://www.futureworldcorp.com
info@futureworldcorp.com
cox@futureworldcorp.com
(727) 474-1816 ext. 103
Twitter - @futureworldinc
Facebook - futureworldenergy
- 3 -

text: FutureWorld

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text: FutureWorld

text: Aegea Inc.

text: FutureLand Properties, LLC

text: FutureWorld

text: FutureWorld

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text: FutureWorld

text: FutureLand Properties, LLC

text: FutureLand Properties, LLC

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text: FutureWorld