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Financialbusinessnews.us: Stocks to Watch: HTRE, ICTN, ZNXT
(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:07032008
Boston, MA -- H3 Enterprises, Inc. (PINKSHEETS: HTRE); Innovative
Communications Technologies, Inc. (PINKSHEETS: ICTN); ZNext Mining
Corporation, Inc. (OTC: ZNXT)
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H3 Enterprises, Inc. (PINKSHEETS: HTRE)
H3 Enterprises, Inc. closed at $0.078 Thursday, trading 186,128 shares.
Company News- March 7, 2008: HipHopSodaShops Set to Expand to Miami
H3 Enterprises, Inc. (PINKSHEETS: HTRE) President and CEO Dr. Benjamin
Chavis announced earlier today that H3 Inc. has formally begun the
process to open its second HipHopSodaShop. On March 6, 2008, Dr. Chavis
signed an agreement with Robert Clarington, Jr., General Manager and
Owner of SILQUI'S Seafood and Steak Restaurant and Lounge, to take the
necessary steps to convert SILQUI'S into the HipHopSodaShop in Miami.
Dr. Chavis stated, "Today H3 Enterprises, Inc. is moving forward with
our business plan to open HipHopSodaShops in major cities across
America. Miami is a key world-class city with great economic
development vitality. Miami is also an international hub of hip-hop
culture with some of the world's greatest artistic talent. We had been
searching for the best possible business expansion opportunity in Miami
after successfully opening our first HipHopSodaShop in Tampa just three
short months ago. SILQUI'S is a well-established, profitable business,
and Robert Clarington is one of the most respected businessmen in Miami
and Dade County. We are pleased that our discussions together have been
productive and led to the signing of a detailed LOI Agreement. We will
now move expeditiously to consummate a Joint Venture Agreement between
H3 Inc. and SILQUI'S, as we prepare to open Miami 's first
HipHopSodaShop and H3's second business unit." SILQUIS is located at
2710 N.W. 167th Street, Miami Gardens, FL 33054. This will be the site
of the HipHopSodaShop in Miami that will feature a state-of-the-art
Microsoft Xbox 360 Competitive Online Video Gaming Center along with
the best in hip-hop and R&B music, videos, branded merchandise,
recording studio and a menu of great-tasting food and beverage.
The site in Miami Gardens was introduced to H3 Inc.'s Chairman Keith
Chutjian by Eric Pettus, Founder and Owner of Pettus & Dawkins
Financial Group, 152 N.W. 166 Street, Miami, FL 33169. Pettus is a
local member of one of the largest church-based, economic empowerment
networks in the United States, the Collective Banking Group, including
church leaders and members throughout the East Coast from Maryland to
Florida. Pettus emphasized, "I am looking forward to blending the
success of Robert Clarington's SILQUI'S and the HipHopSodaShop brand
together to bring 'real'financial empowerment to the Greater Miami Area
community and beyond. This is an historic moment!" Pettus continued, "I
must admit that when H3 approached me and asked me to help find an
existing location in Miami to joint venture with, SILQUI'S came to mind
immediately, but I was skeptical. Let's be honest. Most companies would
have come into the community, opened up and put a successful
entrepreneur like Rob out of business. When I listened to Dr. Ben
Chavis (a living legend in the civil rights struggle) talk about the
HipHopSodaShop concept, and his vision for the brand, I allowed myself
to dream of the infinite possibilities of combining the success of
SILQUI'S and the power of a publicly traded company together.
HipHopSodaShop Miami is gonna be Hot! Robert Clarington concluded, "I
would like to thank Dr Ben Chavis and H3 Enterprises, Inc. for the
opportunity to enhance my dream of bringing upscale dining and a smooth
entertainment environment to the largest black city in the state of
Florida, the beautiful Miami Gardens. For those who have experienced
the smooth vibe of SILQUI'S, you can look forward to that and so much
more. So stay tuned because the HipHopSodaShop in Miami will be an
experience that has yet to be seen."
About H3 Enterprises, Inc. and the HipHopSodaShop
H3 Enterprises, Inc. is the parent company of the HipHopSodaShop, with
its corporate headquarters located at 116, John Street, New York, NY
10038. As the first publicly traded Hip-Hop company, H3 Enterprises,
Inc. is dedicated to the mission of empowering young people through
investment, education and economic development.
The HipHopSodaShops are a franchise restaurant operation that brings
hip-hop music, sports and community involvement to every city where
they open. The HipHopSodaShop comes complete with a healthy
quick-service menu, merchandising, a state-of-the-art recording studio,
30 giant LCD screens, the latest Xbox 360 Live video games, and a large
area dedicated to competitive on-line video gaming. The HipHopSodaShop
in Tampa is over 11,000 sq ft and is a modern day cultural arts center
where many forms of Hip-Hop can be expressed by patrons and embraced by
the community. The HipHopSodaShops carry a message of giving back to
the community in the forms of empowerment, investment, employment and
the arts.
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Innovative Communications Technologies, Inc. (PINKSHEETS: ICTN)
Innovative Communications Technologies, Inc. closed at $0.006 Thursday,
trading 51,000 shares.
Company News- March 7, 2008: World Free Mobile Integrated Calling
Platform
Innovative Communications Technologies, Inc. (PINKSHEETS: ICTN)
announced earlier today the official product name "World Free Mobile"
as the public face of the "Cannes Project" integrated voice and data
platform. The ICT Product Development team has purchased the domain
names www.worldfreemobile.com and www.worldfreemobile.net. The company
is in the process of developing an interactive website which allows
customers to download the World Free Mobile product and manage their
individual accounts, modeled after ICT's Private Network IAccess online
business management tool.
"The World Free Mobile (WFM) name describes our product exactly. The
platform will allow mobile broadband phone calls and data communication
anywhere in the world with no per minute or data charges," said Joel
Edwards, Director of Business Development with Innovative
Communications Technologies. "We expect to release an ICTN shareholder
letter along with a product information piece depicting the
business/revenue model and product features for the public within a few
weeks." The ICT Product Development team intends the World Free Mobile
integrated voice and data platform to connect any broadband mobile
device, broadband landline or personal computer with no per minute or
data charges. All other mobile devices and landline connections are
expected to have the ability to connect at a projected 60% reduced cost
over present mobile, VoIP and telecom carriers.
About Innovative Communications Technologies
Innovative Communications Technologies is a communications specific
technology development company and, since 1989, has been a pioneer in
the development and positioning of private telecommunications networks
for businesses. Innovative has a proven track record of developing
communications specific technologies within the telecommunications,
media and wireless industries. Innovative owns 21% of ReelTime Rentals,
Inc. (PINKSHEETS: RLTR) (www.reeltime.com), 30% of Exosphere Aircraft
Company, Inc. (PINKSHEETS: EXSA) (www.exosphereair.com) and 100% of
privately held ICT Private Networks and the World Free Mobile platform.
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ZNext Mining Corporation, Inc. (OTC: ZNXT)
ZNext Mining Corporation, Inc. closed at $0.04 Thursday, trading 14,831
shares.
Company News- March 7, 2008: ZNext Mining Provides Update on XYZ Mining
Project Following Management Visit to Masbate
ZNext Mining Corporation, Inc. (USA OTC Common: ZNXT) (OTC Preferred:
ZNXTP); (GERMANY Xetra: R1z.De) (Frankfurt: R1z.F) announced earlier
today that following a visit by CEO Jason Piamonte and investor
relations director Madeleine Franco to the Philippines, the company has
set forth an operating schedule and is refining a budget for activity
at the XYZ mine site during the next three months (April, May and
June), coinciding with the region's dry season.
Notwithstanding recent heavy rains, Piamonte and his party, with the
assistance of the local indigenous people, hiked approximately 7km into
the mine site and back to the main road, traversing hilly topography
covered by tropical vegetation, and crossing two rivers enroute. They
visited the areas on which the company expects to construct during the
next several months the miners' barracks, ore stockpiling area, mill
plant, field laboratory, and tailings pond necessary for exploitation
of the mineral site.
Piamonte advised that following unforeseen administrative delays, the
management of Pearl Asian Mining will be shepherding documents through
the Small Scale Mining Permit and subsequent Mineral Production Sharing
Agreement process.
"With actual production slated to begin during for the second half of
June, there is much to do, including tunnel rehabilitation, mapping and
sampling," said Piamonte. "Local interest in the success of our
undertakings remains high, and we anticipate the full cooperation of
Masbate officials and valuable assistance of the indigenous peoples,"
he said.
ABOUT ZNext Mining Corporation, Inc.
ZNext Mining Corporation, Inc. is an international mining company
engaged in the exploration and commercialization of new and
underdeveloped mine sites, primarily gold and other precious and
strategic metals. Twelve (12) mining claims in British Columbia, Canada
are owned 100% by ZNext Mining. Additionally, under a Philippines
Mineral Production Sharing Agreement (MPSA) with the government of the
Republic of the Philippines, ZNext Mining owns 40 of the Pearl Asian
Mining Industries, Inc., a Philippines domestic private corporation,
that through aggregation of manpower and production among small-scale
miners and indigenous peoples, intends to capitalize on economies of
scale in gold and silver extraction, processing and commodities selling
and trading. ZNext Mining Corporation, Inc. is committed to the
implementation of sustainable green technologies to achieve fiscal
strength based on the principal of Profit-People-Planet. Management
continues to focus on achieving profit, while conducting business with
utmost consideration and compassion for people and protection of our
planet and the environment.
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