|
|
GreenArrowStock.com: Check Us Out GreenArrowStock.com: WLSA, SPNG, GSAE stocks on the move.
Jul 13, 2009 (M2 PRESSWIRE via COMTEX) --
Check Us Out GreenArrowStock.com: WLSA, SPNG, GSAE stocks on the move.
Visit http://www.greenarrowstock.com to register for our message boards, detailed quotes and hot stock profiles. Registration is free.
Go to Greenarrowstock.com right now and see what others are saying.
WLSA news:
* Press Release
* Source: Wireless Age Communications, Inc.
* On Monday July 13, 2009, 10:12 am EDT
Wireless Age in Discussions on Loan Repayment
Wireless Age Communications, Inc. ("Wireless Age")(PINK SHEETS: WLSA) and its controlling shareholder Newlook Industries Corp. ("Newlook")(TSX VENTURE: NLI) announced today they are in discussions with respect to the terms and conditions of debt repayment between the two parties.
Pursuant to the discussions, Newlook, subject to regulatory approval, will transfer approximately 30 million common shares of Wireless Age and 2 million common shares of Newlook to Wireless Age in exchange for debt reduction. Such shares of Wireless Age will be returned to treasury.
In a related transaction, Newlook has agreed to transfer all of the issued and outstanding common shares of its wholly-owned subsidiary Grandvue Inc. ("Grandvue") and its interest in an 18% secured convertible promissory note issued by Function Mobile Inc. to Gamecorp Ltd. ("Gamecorp")(CNSX: GGG), a related party, in exchange for 2 million Newlook common shares held by Gamecorp. Gamecorp is a related party due to its ownership of approximately 18% of Newlook and certain common officers and directors. Grandvue has provided equipment lease financing to IAG Peru S.A.C., a related party to Newlook, Gamecorp and Wireless Age, by virtue of common officers and directors with its parent InterAmerican Gaming, Inc. (OTCBB: IAGM).
The terms and conditions of the debt reduction have not been finalized at this time; however the final terms and conditions will have to be approved by disinterested directors of Newlook and Wireless Age. The transaction is also subject to regulatory approval and the approval of the full Newlook and Wireless Age boards of directors.
John G. Simmonds, CEO of Wireless Age stated; "We believe it is in the best interests of all concerned to sever the ownership of Wireless Age by Newlook. Newlook will return to the Company all remaining shares in Wireless Age and Wireless Age will cancel the returned shares thereby reducing the issued and outstanding from approximately 57.6 million to approximately 27.6 million. With the two million Newlook shares obtained in this transaction, Wireless Age will own approximately 16% of Newlook. Following this proposed transaction there will likely remain a residual debt balance that we hope to resolve on a mutually satisfactory basis shortly."
SPNG news:
* Press Release
* Source: Skymark Research; SpongeTech Delivery Systems, Inc.
* On Monday July 13, 2009, 10:41 am EDT
Skymark Research Initiates Complimentary Research Coverage On SpongeTech Delivery Systems, Inc.
Skymark Research, a leading provider of small- and micro-cap independent investment research, today initiated coverage on SpongeTech Delivery Systems, Inc. (OTCBB:SPNG). Skymark Research is currently offering a complimentary trial subscription. To view our research go to: www.skymarkresearch.com
About SMR:
Skymark Research is a leading provider of independent investment research in North America. Our services include research analysis on the small- and micro-cap markets, real-time news and financial data, market commentary and the SMR newsletter. Skymark Research's staff of small-cap investment professionals is dedicated to providing the small market's investment community with the tools and avenues necessary to make the important investment decisions. To view our research reports on a complimentary trial basis and take advantage of our other services, go to www.skymarkresearch.com and click on the complimentary trial subscription button on our home page, or go directly to our registration page at www.skymarkresearch.com/signup.php
GSAE news:
* Press Release
* Source: Green Star Alternative Energy, Inc.
* On Monday July 13, 2009, 8:50 am EDT
Green Star/Notos JV Signs Agreement with Municipality of Veliko Gradistertfest
Green Star Alternative Energy, Inc. "GSAE" or the "Company") (http://www.greenstarae.com) is pleased to announce the signing of an agreement between the Green Star/Notos JV and the Municipality of Veliko Gradiste. The arrangement allows Green Star to explore the economic viability of the regional wind resources; and upon evaluation, the right to develop wind power and supply the area with green electricity.
The Municipality of Veliko Gradiste is located in north-east Serbia approximately 100 km east of the capital, Belgrade. Its territory encompasses 344 square km on the right bank of the Danube River and left bank of the Pek River. The initial micro location for placement of the Company's wind sensors has been identified in the settlement of Ram, and the Municipality has allotted 200 hectares of land towards this endeavour.
Miodrag Andric, CEO of Green Star Alternative Energy, stated: "The Company will continue to increase its portfolio of wind resources as we execute our strategic plan and secure more development locations."
ABOUT GREENARROWSTOCK.COM GreenArrow (GA) is an information and media company that provides a web based forum for public and private individuals and issuers to communicate its content to the business, financial, and investing community. We offer our members an interactive web-based community of message boards, the GreenArrow featured companies, and detailed quotes.
Disclaimer: Never invest in any stock featured on our site, emails or press releases unless you can afford to lose your entire investment. This disclaimer is to be read and fully understood before using our site. PLEASE NOTE: The greenarrowstock.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.
The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. GreenArrowStock.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and GreenArrowStock.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. GreenArrowStock.com and its affiliates are not registered investment advisors or a broker dealers. GreenArrowStock.com has been advised that the investments in companies profiled are considered to be high risk and use of the information provided is at the investor's sole risk. GreenArrowStock.com also advises that the purchase of such high risk securities may result in the loss of some or all of the investment. Investors should not rely solely on the information presented. Rather, investors should use the information provided by the profiled companies as a starting point for doing additional independent research on the profiled companies in order to allow the investor to form his or her own opinion regarding investing in the profiled companies. Factual statements made by the profiled companies are made as of the date stated and are subject to change without notice. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. GreenArrowStock.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through GreenArrowStock.com. GreenArrowStock.com owners may or may not hold positions in the companies that are profiled. The information contained herein contains forward-looking information within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company's actual results of operation. Factors that could cause actual results to differ include the size and growth of the market for the company's products, the company's ability to fund its capital requirements in the near term and in the long term, pricing pressures, unforeseen and/or unexpected circumstances in happenings, pricing pressures, etc. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.
Third Party Web Sites and Information: GreenArrowStock.com may provide hyperlinks to third party websites or access to third party content. GreenArrowStock.com does not control, endorse, or guarantee content found in such sites. You agree that GreenArrowStock.com is not responsible for any content, associated links, resources, or services associated with a third party site. You further agree that GreenArrowStock.com shall not be liable for any loss or damage of any sort associated with your use of third party content. Links and access to these sites are provided for your convenience only.
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
[ Back To TMCnet.com's Homepage ]
|
|
|
|
TMCnet LOGIN
Webinars
