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ExpediteVentures.com: Expedite Ventures Market Watch IOL, NGM, LIVC
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:10102008
Expedite Ventures
New York- Expedite Ventures announces the following companies as high
potential: InterOil Corporation (TORN: IOL), BCB Bancorp, Inc.(NGM:
BCBP), and Live Current Media, Inc. (OTC BB:LIVC).
Come visit PamplonaPicks.com to sign up for our free Newsletter, where
you will receive detailed information on these companies and more!
Expedite Ventures Picks: InterOil Corporation (TORN: IOL)
(http://www.marketwatch.com/quotes/iol) InterOil Provides Market
Guidance on Its Business Operations
10-10-08 InterOil Corporation a Canadian company with operations in
Papua New Guinea confirmed today that it is on track to meet its
projected earnings for the third quarter of 2008. The midstream
refining and downstream distribution operations have continued to
operate profitably and are in line with the Company's profit
expectations. "We will be filing our third quarter financials on
November 10, and we are extremely pleased to advise that InterOil has
weathered the dramatic downturn through prudent management and control
procedures and will be announcing a profit for the third quarter 2008,"
said Mr Collin Visaggio, Chief Financial Officer.
InterOil is also preparing to commence drilling the Antelope-1
appraisal well in the next few days. The Antelope-1 well will target
the limestone section that was intersected in the Elk-4 well which
recorded a gas flow rate of 105 million standard cubic feet (mmscf) and
approximately 2,000 barrels (bbls) of condensate per day, which is the
highest flow rate for a gas well in Papua New Guinea.
"We are confident that the high gas and gas condensate flow results in
the Elk-4 will be confirmed in the Antelope-1, which is expected to add
an additional 1,500 feet of reservoir," said Mr Phil Mulacek, Chief
Executive Officer. "The anticipated result from the combined Elk and
Antelope structures has been prognosed as being sufficient to underpin
our LNG project." "We are also confident that we will close on the LNG
Project Agreement with the Independent State of Papua New Guinea in the
fourth quarter of 2008. Confirmation of this intent was received during
joint strategic meetings with the Prime Minister of Papua New Guinea,
Sir Michael Somare, which took place in Rome, Italy, earlier this
week." InterOil Corporation is developing a vertically integrated
energy business whose primary focus is Papua New Guinea and the
surrounding region. InterOil's assets consist of petroleum licenses
covering about 8.7 million acres, an oil refinery, and retail and
commercial distribution facilities, all located in Papua New Guinea. In
addition, InterOil is a shareholder in a joint venture established to
construct Papua New Guinea's first LNG plant on a site adjacent to
InterOil's refinery in Port Moresby.
InterOil's common shares trade on the Toronto Stock Exchange under the
symbol IOL in Canadian dollars and on the American Stock Exchange under
the symbol IOC in US dollars.
For more information please see the InterOil website at:
www.interoil.com.
Expedite Ventures Picks: BCB Bancorp, Inc.(NGM:
BCBP)www.marketwatch.com/quotes/bcbp) BCB Bancorp, Inc., Announces a
20% Increase in Quarterly Cash Dividend
10-10-08 BCB Bancorp, Inc., Bayonne, N.J. announced that the Board of
Directors has unanimously approved a 20% increase in the payment of
their quarterly cash dividend from $0.10/share to $0.12/share to
shareholders of record on October 30th, 2008, payable on November 14,
2008. Donald Mindiak, President & CEO commented that, "we take great
pride in the declaration of the payment of this quarterly cash
dividend, which is 20% greater than the prior quarter, in that we
believe this represents the Board's confidence in the Company's ability
to provide our shareholders' with a competitive return on their
investment. It also bespeaks the Board's confidence in management's
ability to prudently manage the risks associated with the complex and
challenging operating environment we are presently experiencing. As we
continue on in this endeavor, we will strive to find and implement
initiatives that have the capacity of increasing franchise and
shareholder value." BCB Community Bank presently operates four offices,
three located in Bayonne and one located in Hoboken, New Jersey.
Questions regarding the content of this release should be directed to
either Donald Mindiak, President & CEO, or Thomas Coughlin, COO &
Principal Accounting Officer at 201-823-0700 .
Forward-looking Statements and Associated Risk Factors This release,
like many written and oral communications presented by BCB Bancorp,
Inc., and our authorized officers, may contain certain forward-looking
statements regarding our prospective performance and strategies 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. We
intend such forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995, and are including this
statement for purposes of said safe harbor provisions.
Forward-looking statements, which are based on certain assumptions and
describe future plans, strategies, and expectations of the Company, are
generally identified by use of words "anticipate," "believe,"
"estimate," "expect," "intend," "plan," "project," "seek," "strive,"
"try," or future or conditional verbs such as "could," "may," "should,"
"will," "would," or similar expressions. Our ability to predict results
or the actual effects of our plans or strategies is inherently
uncertain. Accordingly, actual results may differ materially from
anticipated results.
There are a number of factors, many of which are beyond our control,
that could cause actual conditions, events, or results to differ
significantly from those described in our forward-looking statements.
These factors include, but are not limited to: general economic
conditions and trends, either nationally or in some or all of the areas
in which we and our customers conduct our respective businesses;
conditions in the securities markets or the banking industry; changes
in interest rates, which may affect our net income, prepayment
penalties and other future cash flows, or the market value of our
assets; changes in deposit flows, and in the demand for deposit, loan,
and investment products and other financial services in the markets we
serve; changes in the financial or operating performance of our
customers' businesses; changes in real estate values, which could
impact the quality of the assets securing the loans in our portfolio;
changes in the quality or composition of our loan or investment
portfolios; changes in competitive pressures among financial
institutions or from non-financial institutions; changes in our
customer base; potential exposure to unknown or contingent liabilities
of companies targeted for acquisition; our ability to retain key
members of management; our timely development of new lines of business
and competitive products or services in a changing environment, and the
acceptance of such products or services by our customers; any
interruption or breach of security resulting in failures or disruptions
in customer account management, general ledger, deposit, loan or other
systems; any interruption in customer service due to circumstances
beyond our control; the outcome of pending or threatened litigation, or
of other matters before regulatory agencies, or of matters resulting
from regulatory exams, whether currently existing or commencing in the
future; environmental conditions that exist or may exist on properties
owned by, leased by, or mortgaged to the Company; changes in estimates
of future reserve requirements based upon the periodic review thereof
under relevant regulatory and accounting requirements; changes in
legislation, regulation, and policies, including, but not limited to,
those pertaining to banking, securities, tax, environmental protection,
and insurance, and the ability to comply with such changes in a timely
manner; changes in accounting principles, policies, practices, or
guidelines; operational issues stemming from, and/or capital spending
necessitated by, the potential need to adapt to industry changes in
information technology systems, on which we are highly dependent; the
ability to keep pace with, and implement on a timely basis,
technological changes; changes in the monetary and fiscal policies of
the U.S. Government, including policies of the U.S. Treasury and the
Federal Reserve Board; war or terrorist activities; and other economic,
competitive, governmental, regulatory, and geopolitical factors
affecting our operations, pricing and services.
It also should be noted that the Company occasionally evaluates
opportunities to expand through acquisition and may conduct due
diligence activities in connection with such opportunities. As a
result, acquisition discussions and, in some cases, negotiations, may
take place in the future, and acquisitions involving cash, debt, or
equity securities may occur. Furthermore, the timing and occurrence or
non-occurrence of these events may be subject to circumstances beyond
the Company's control.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. Except as required by applicable law or regulation, the
Company undertakes no obligation to update these forward-looking
statements to reflect events or circumstances that occur after the date
on which such statements were made.
SOURCE: BCB Bancorp, Inc.
Expedite Ventures Picks: Live Current Media, Inc. (OTC BB:LIVC);
(http://www.marketwatch.com/quotes/livc)
Live Current Media:
Global Cricket Ventures Launches Cricket.com Fantasy Cricket 10-10-08
Live Current Media Inc. a media company built around content and
commerce destinations, announces that Global Cricket Ventures ("GVC"),
a joint venture between Live Current and NetlinkBlue Holding, launched
Cricket.com Fantasy Cricket on Oct. 9, 2008 to coincide with the start
of the 2008 India-Australia cricket series in India.
This is the first major product launch at Cricket.com, which is being
developed as the premier DestinationHub(TM) for the world's more than
one-billion cricket fans. Fantasy Cricket has already registered more
than 750 team entries in the first 24 hours of operations as a result
of the immense global popularity of cricket and the large amounts of
direct navigation traffic to Cricket.com, the world's most intuitive
online cricket brand. Going forward, Cricket.com Fantasy Cricket will
be tailored for use on mobile devices and all major social networking
communities, and follows the successful launch of GCV's Facebook
Fantasy Cricket in spring 2008, which became the leading fantasy
cricket program on Facebook.
In another important growth-focused development, Global Cricket
Ventures has appointed Alex Chamberlen as Chief Revenue Officer,
effective immediately. Mr. Chamberlen has fifteen years of media
experience, most recently as Global Head of Sales for Cricinfo.com from
Sept. 2004 to Aug. 2007. Mr. Chamberlen was an integral member of
Cricinfo's management team and helped to drive the business forward,
culminating in its acquisition by ESPN. Prior to Cricinfo.com, Mr.
Chamberlen was a Business Development Director at CNN International, an
AOL Time Warner company.
Mark Melville, Chief Corporate Development Officer, Live Current and
acting CEO, Global Cricket Ventures, said, "Fantasy sports is clearly a
huge business and, as importantly, highly engages with users. There are
now more than 27 million fantasy sports players in the United States
alone, with annual revenue between $800 million to $1 billion. The
fantasy game is just the first step in cricket.com becoming the
ultimate destination for the passionate, global cricket community."
"GCV is incredibly excited, and fortunate, to have Alex join the team
and to drive the commercialization of the venture. Alex's history
within the cricket market and with blue-chip media companies bodes well
for GCV's growth. I look forward to working with Alex to rapidly grow
the venture," he added.
On September 27, 2008, GCV also launched www.bcci.tv, the official
online home of the Board of Control for Cricket in India ("BCCI") and
Indian cricket. BCCI.tv represents the best online location to follow
today's India-Australia Tour as well as future Indian cricket matches.
The site offers exclusive video highlights, photographs and breaking
news and interviews.
The first Cricket.com Fantasy Cricket competition will run through the
calendar month of October 2008. The winner of the inaugural fantasy
cricket competition will receive an Xbox 360. To learn more, visit
www.cricket.com.
About Global
Cricket Ventures Global Cricket Ventures is a joint venture between
Live Current Media Inc. and NetlinkBlue Holding that capitalizes on the
global potential of the sport of cricket by leveraging exclusive
digital assets and rights. Global Cricket Ventures and the Board of
Control for Cricket in India recently entered into a 10-year, exclusive
partnership to build and operate the Official BCCI and IPL websites, as
well as bring to market other valuable digital assets around Indian
Cricket including mobile content, live streaming and photo/video
syndication.
About NetlinkBlue
NetlinkBlue is a leading consulting, technology and outsourcing
services firm, which helps global clients plan, implement & maintain
their technology & digital marketing investments, which in turn drives
competitive advantage and improves business performance.
Services span across eight business divisions: interactive and ebrand
management; internet troubleshooting services; online photography
management and printing services; website development and maintenance
services; an animation powerhouse building world class animated films,
television shows, computer & console games; outsourcing / I.T. enabled
services, software development & CRM solutions across multiple
locations and time zones; radio frequency identification (RDIF)
solutions and enterprise-wide technology solutions to build and enable
infrastructure. NetlinkBlue has headquarters in Mumbai, India and
Dubai, UAE. For more information, visit www.netlinkblue.com.
About Live Current
Media Live Current builds, owns and operates some of the most powerful
and engaging content and commerce destinations on the Internet, such as
www.perfume.com and www.cricket.com. Through subject-specific
DestinationHubs(TM), Live Current properties connect people to each
other and to the information, brands, and products they are passionate
about. Live Current has headquarters in Vancouver, Canada with a
location in Seattle, WA and is publicly traded on the NASD OTCBB
(LIVC). For more information, visit www.livecurrent.com. Certain
statements contained in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Although Live Current Media
Inc. believes the expectations reflected in such forward-looking
statements are based on reasonable assumptions it can give no assurance
that its expectations will be attained. Factors that could cause actual
results to differ materially from expectations include financial
performance, regulatory changes, changes in economic conditions and
other risks detailed from time to time in the Company's filings with
the U.S. Securities and Exchange Commission. The forward-looking
statements included in this press release represent the Company's views
as of the date of this press release. The Company does not undertake
any obligation to update any forward-looking statements, and readers
are cautioned not to place undue reliance on these forward-looking
statements.
SOURCE: Live Current Media Inc.
Visit www.PamplonaPicks.com to read our disclaimer Expedite Ventures
Expedite Ventures Expedite Ventures
CONTACT: Michael Maley, Expedite Ventures
Tel: +1 585 347 4500 ext 113
WWW: http:/www.expediteventures.com
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