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Our Newsletter Is On Fire!! PIHN,LVCA,FFGO,ARSC,AAPH,MZEI :: Sign Up Today!!
(M2 PressWIRE Via Acquire Media NewsEdge) STOCK MARKETING INC PRESENTS : (PINKSHEETS: PIHN) Polaris International Holdings, Inc., (OTCBB: LVCA) Lake Victoria Mining Company, Inc., (PINKSHEETS: FFGO) Fortress Financial Group, Inc., (PINKSHEETS: ARSC) American Security Resources Corp., (OTCBB: AAPH) American Petro-Hunter, Inc., (OTCBB: MZEI) Medizone International, Inc.
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(PINKSHEETS: PIHN - Polaris International Holdings, Inc.)
LATEST NEWS!!
Polaris International Holdings, Inc. Completes Japanese Acquisitions and Targets US Market Share
HUNTINGTON BEACH, Calif., Dec 01, 2009 -- Polaris International Holdings, Inc. (PINKSHEETS:PIHN), a global IT outsourcing services company with a U.S.-Japan dual market base, announced today that the Company has completed its current acquisition strategy for Japan.
Kuni Misawa, CEO of Polaris Holdings International stated, "I am most pleased with the completion of our latest acquisition, Polaris Technologies' IT services business. With this acquisition, we now provide a complete menu of IT outsourced services and solutions for our current base of global Fortune 100 companies. Polaris Technologies' IT services business will now become a division of Staff IS. We are also very excited about a few select opportunities that are developing in the United States for Polaris International that can become a very nice complement for our current IT business in Japan. We look forward to future IT business developments in the US as we enter the new year.
With the completion of the acquisitions by Polaris Holdings International of the IT services businesses of Staff IS and Polaris Technologies, Polaris International Holdings is now positioned for growth in Asia and to begin its reach into North America. Mr. Misawa also added that, "It is our goal to continue to deliver the same level of high quality service, professional competency and business knowledge for the finance industry that we are already known for. We believe that keeping our customers trust in us, more than anything else, will provide the strength and stability to allow us to grow and deliver a steady ROI for our investors." We have now activated a "Registration for Updates" module on our website. Please visit www.polaris-int.com and register to receive periodic updates.
About Polaris Technologies, Inc.: Polaris Technologies, Inc. was established in 2005 and is an Application Service Provider company that provides IT services from business framework design to implementation and ongoing support. Polaris Technologies manages and distributes software-based services and solutions to clients across a wide area network from a central data center. As part of their service offerings, Polaris Technologies provides business analyst consulting for valuating cloud computing models and solutions to help companies reach not only their budgetary goals but also time to market for customer services and offerings.
About Polaris International Holdings, Inc.: Polaris International Holdings, Inc., a Delaware corporation with offices in Huntington Beach and Los Angeles, California and in Tokyo, Japan is in the business of supplying services for Network Infrastructure, ASP and Cloud Computing Solutions. Its management team is composed of seasoned international business professionals with over 60 years of expertise in technology, media, entertainment and investment industries. POLARIS with both a U.S. and Japan market base is well positioned for the global evolution occurring in IT services and is meeting this evolution with its progressive collection of 'Cloud Solutions and Services' for its corporate Fortune 100 clients. POLARIS' near term plan is to build out its 'Global IT Services' through acquisitions and/or strategic partnerships. The Company is currently engaged in due diligence with several international businesses which, if successfully completed, will significantly expand its territory from Japan to include other rapidly growing Asian markets and North American markets. www.polaris-int.com
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(OTCBB: LVCA - Lake Victoria Mining Company, Inc.)
LATEST NEWS!!
Lake Victoria Identifies Three New Parallel Gold Veins and Begins Final Property Acquisition at Singida Gold Project, Tanzania
GOLDEN, COLORADO, Dec 01, 2009 -- Lake Victoria Mining Company, Inc. (OTCBB: LVCA) - Three new parallel gold veins have been identified with positive assay results, and Lake Victoria has begun completion of property acquisition at the Singida Gold Project.
During the week of November 16th, the Company, in agreement with one of its Tanzanian directors, completed acquisition of 21 Primary Mining Licenses, which represent approximately one third of the entire 5 kilometer gold bearing project area. These property acquisitions come on the heels of identifying a number of new parallel gold veins.
A total of 13 trenches have been excavated across vein structures at the Company's Singida gold project. Preliminary information from five trenches indicates that there may be three new gold bearing veins in addition to the main vein structure; the vein closest to the main vein appears to lie about 20 meters to the northeast of the main vein. These new veins, in near surface trenches, appear to be similar in character to the near surface character of the main vein, which we have sampled at depths of up to 50 meters in 36 existing small scale mine shafts. The vein system trends northwest-southeast, and the new veins are located on the northeast side of this main 5 kilometer long vein of which underground samples averaged a gold grade of 7.1 grams per ton, as previously announced (http://lakevictoriaminingcompany.com/investors/news/2009/8-6.htm).
Roger Newell, president of Lake Victoria said: "Based on the fact that all of our exploration to date in the Singida Gold Project has yielded extremely positive results and given that our original target is now expanding, the Company's confidence in the commercial potential of Singida is very high. Accordingly, we have begun completing acquisition of the Primary Mining Licenses that comprise the gold bearing target area. The three new veins that have been identified appear to have a similar character as the nearby main vein system, which we already know carries important gold values at depth throughout the 5 kilometer strike. With the price of gold approaching $1,200 we are on an accelerated pace to prove up gold mineralization and to advance the project towards a production decision." About the Company Lake Victoria Mining Company, Inc. along with its wholly owned subsidiary, Kilimanjaro Mining Company Inc. (www.kilimanjarominingcompany.com) is working to create another gold mine in the world famous Lake Victoria Greenstone Belt, Tanzania, East Africa. Tanzania produced 1.75 million troy ounces of gold during 2007 and is the 3rd largest gold producer in Africa behind South Africa and Ghana.
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(PINKSHEETS: FFGO - Fortress Financial Group, Inc.)
LATEST NEWS!!
Fortress Financial Group, Inc. -- Update Regarding Sale of Company's Gold Mining Assets and a Possible Bid for the Company
Company Is in Advanced Negotiations to Sell Its Highly Valuable Gold Properties and Is Also Considering an Offer Which Could Result in the Outright Acquisition of the Company
NEW YORK, NY, Dec 01, 2009 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirmed in an announcement dated November 23, 2009 that it was in advanced discussions, which if successful, will result in the disposal of its entire remaining interests in its two Gold Properties, those being the "Bouse" and "South Copperstone" Gold Properties; or the possibility of the outright acquisition of your Company by a third party.
In that same announcement, Stockholders were cautioned that the value placed on their Company's interests in these two Gold Properties was very material and that stockholders should only rely upon the facts and valuations that are published by your Company's Management; particularly in respect of the impact upon the value per share of your Company's Common Stock.
Company Management is now giving a price per share guideline of our Common Stock based upon: -- The unprecedented number of requests for information regarding the possible valuation of the Company's interests in these two Gold Properties; and -- The Record Highs being set in the price of Gold, thereby making your company worth considerably more than what was originally discussed with interested parties; and -- The enormous trading volumes and pricing volatility in the Company's shares of Common Stock in the past ten days; and -- Management's view as to the minimum acceptable price for its Gold Properties.
Fortress Management is now prepared to state that a successful sale of the Company's interests in the two Gold Properties, after the settlement of outstanding Loan Notes due by the Company in the amount of US$5 million, would not be an amount of less than US$0.003 (three tenths of a cent) per share for our stock. This calculation is predicated upon the current number of outstanding shares of our stock. Your Company successfully repurchased and cancelled approximately 50% of its outstanding shares in and during 2009, resulting in this greatly reduced number of outstanding shares of Common Stock, as well as the significantly increased value of these shares of our Common Stock.
Fortress shares of Common Stock closed at a price of US$0.0002 (two hundredths of a cent) per share on Monday, November 30, 2009. The pricing guideline of US$0.003 per share provided by Management clearly reflects the effect of today's Gold price (the Gold price having traded at a new All Time Record High this morning, at US$1,199.20/oz) upon your Company's assets and that our shares of Common Stock are clearly extremely undervalued at this time.
Our team of Mining and Business Professionals have deliberated at length, and have decided that we are able to state the following: "We are not prepared, under any circumstances, to entertain, nor to discuss any Offer for your Company's interests in these two Gold Properties for an amount of less than the above-mentioned price per share of your Company's Common Stock. We have made this quite clear to all interested parties, and we expect that a satisfactory resolution is attainable, in short order." Your management wishes to stress "That is not to say that we believe that your Company's interests in these two Gold Properties are not worth more than the above-mentioned price per share of Common Stock. We are very aware of the historical valuations and the Geological Reports that are publicly available in respect of these two Gold Properties; and which were prepared at substantially lower Gold prices than Gold's current trading price of nearly US$1,200/oz." While we certainly would like to realize our true asset value in regard to these two properties, and while we are eager to sign the contracts of sale in regards thereto, we will not sell these assets for anything less than their real-time present value.
Fortress' Management is obliged to inform our valued stockholders that the Company's interests in these two Gold Properties are not worth an amount of US$700 million, a valuation which certain of our stockholders appear to embrace at this time. Such off-the-cuff valuations for our share of these two Gold Properties, while pleasant to think about, is not based in reality.
We are not in a position to provide any further details at this point in time due to the sensitivity of ongoing negotiations, and we wish to ensure that your Company's Management achieves the best possible price for its stockholders in respect of its sale of the Company's interests in these two Gold Properties, or in the alternative, in the sale of the company in its' entirety. OF COURSE, ANY SALE WILL BE SUBJECT TO SUCCESSFUL CLOSING, AND NO ASSURANCE CAN BE GIVEN THAT THE GOLD PROPERTIES WILL BE SOLD AT THIS, OR ANY OTHER, PRICE PER SHARE.
Fortress Financial's Management states for the record: "The proceeds received by your Company upon a successful sale of its interests in the two Gold Properties, or of the Company itself, will not be retained by your Company but paid to our stockholders as a Single Liquidation Dividend. This is however, subject to the nature of the deal consummated by your Company in respect of the sale of these two Gold Properties." Since our significant stockholder partners in these holdings have indicated a strong interest in participating in a sale of "Bouse" and "South Copperstone" Gold Properties, we do not expect or anticipate that the final negotiations to this sale will be a long protracted event.
In regards to questions about the possibility of a full bid to purchase your Company, Management can only say that this does remain a possibility, but we legally cannot comment any further at this juncture, due to ongoing negotiations.
We urge our stockholders to remain vigilant, while we finalize the examination of the opportunities laid out before us. Rest assured that we intend to exact a fitting price for our holdings.
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(PINKSHEETS: ARSC - American Security Resources Corp.)
LATEST NEWS!!
St. George to Resume Funding ARSC
HOUSTON, Nov 30, 2009 -- American Security Resources Corporation (Pink Sheets: ARSC) announced today that it has reached agreement with the St. George Fund to resume funding ARSC under a new schedule.
Frank Neukomm, CEO of ARSC, explained, "St. George originally provided us funding in February of 2008, but the financial meltdown adversely affected their ability to continue. They have provided us with a proposal to resume funding at a lower level which is acceptable. We hope to see the first tranche in early December." Neukomm continued, "We intend to use the first funds to get back on track with our financial filings and then finish the certification process for the HydraStax(R) fuel cell at our Hydra subsidiary." American Security Resources Corporation ARSC is a holding company developing and acquiring technologies that will advance the development of clean energy. ARSC, through its Hydra subsidiary, is developing high efficiency, mass producible hydrogen fuel cells. Its American Hydrogen subsidiary is commercializing several technologies to produce hydrogen inexpensively.
For more information, please see: www.americansecurityresources.com
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(OTCBB: AAPH - American Petro-Hunter, Inc.)
LATEST NEWS!!
American Petro-Hunter Announces Completion of Commercial Oil Well at Rooney Project, Kansas
SCOTTSDALE, AZ, Dec 01, 2009) -- American Petro-Hunter, Inc. (OTCBB: AAPH) ("American Petro-Hunter" or the "Company") is pleased to announce that the #24-1 Double H Well is to be completed as a commercial oil well.
The well has been cased to depth and the completion is expected to begin shortly. The completion process will include testing the productive oil bearing horizon to establish what rates the well can achieve in a production scenario. Once the well is perforated and swab testing is finished, the Company will release further results at that time. Upon completion, the working interest partners plan to move quickly to construct the requisite surface tanks and installation of ancillary infrastructure in order to facilitate production sales.
About the Rooney Project: Rooney is located in southwestern Ford County, Kansas 20 miles due south of Dodge City and totals 5,120 acres adjacent to the north edge of existing Morrow Sand oil and gas production. Based on a previously conducted 3D seismic shoot, the Company and partners have developed a minimum of 5 target locations to drill that could enable the Company to add 5 additional wells to its portfolio by the end of the third quarter of 2010. The operator of the project is S&W Oil & Gas, LLC of Wichita, Kansas.
About American Petro-Hunter, Inc. (OTCBB: AAPH) The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company already enjoys a production interest at the Poston Project in Trego County, Kansas. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com ------------------------------------------------------------------------------------------------------------------------------------------------------------
(OTCBB: MZEI - Medizone International, Inc.)
LATEST NEWS!!
Medizone International Takes Aim at the Bioterrorism Countermeasures Arena
SAN FRANCISCO, Dec 01, 2009 -- Medizone International, Inc. (OTC Bulletin Board: MZEI) announced today that in tests involving its proprietary AsepticSure(TM) technology, it continues to break "6 log" decontamination barriers, this time with two very different spore forming bacteria, Claustridium difficile and Bacillis subtilis. These results clearly establish AsepticSure(TM) as an extremely potent sporicidal technology. "The implications of a 6.7 log reduction (99.99997 %) in C difficile are indeed significant for the entire health care system," stated Dr Michael Shannon, Director of Medical Affairs for Medizone. "However, even though our findings for Bicillis subtilis are preliminary, the potential of being able to eliminate 99.999992% (7.2 log kill) of an internationally accepted surrogate for Anthrax in 90 minutes will have national security implications." In response to this news, Mr. Brad Goble, CEO of TDV GLOBAL and a Canadian leader in global health security and bio-terrorism countermeasures commented, "The international community continues to strengthen collaboration in the area of medical countermeasures, including placing a high priority on new and emerging technologies for decontamination. Medizone's early laboratory results with Bicillis subtilis will attract great interest from the global defense and public health portfolios alike." Medizone believes that a field hardened variant of the AsepticSure(TM) hospital unit currently being readied for scale up testing will have wide bio defense applications internationally as it will be easily deployable in response to virtually any terrorist assault, extremely effective against a broad range of lethal pathogens, easy to manage and maintain and most importantly, it has the potential to save lives.
Medizone's CEO Edwin Marshall added, "Following the impressive results recently announced for MRSA, we immediately began to assess the capability of AsepticSure(TM) using the same updated technology with the spore forming bacteria C difficile, which is ubiquitous within hospitals and chronic care centers. Following those results we then worked with Bicillis subtilis, which represents the infamous and highly lethal terrorist agent, Anthrax. In both cases, these two pathogens remain very resistant to standard decontamination procedures and hence, seeing our technology virtually annihilate these two difficult spore formers has lead Medizone to a parallel track of development with its AsepticSure(TM) technology which we are convinced will open up the possibility for commercialization in both arenas." Medizone International, Inc., is a research and development company engaged in developing its AsepticSure(TM) technology to decontaminate and sterilize hospital surgical suites, emergency rooms, intensive care units, schools and other critical infrastructure. Medizone's dedicated research laboratory located in Innovation Park at Queen's University in Kingston, Ontario, Canada is currently being doubled in size to accommodate full scale room testing of the AsepticSure(TM) system. Construction and full instrumentation of the expanded facility is expected to be completed over the next two weeks.
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StockMarketingInc.com is a website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by StockMarketingInc.com. Please be advised that the information contained may or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell, hold or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed.
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