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Stocks To Watch -- NuVim, Inc. (PINKSHEETS: NUVM), US Wireless Online Inc. (PINKSHEETS: UWRL), Scottish Re Group Limited (PINKSHEETS: SKRRF), 3D Eye Solutions, Inc. (PINKSHEETS: TDEY): Sign Up Today!
(M2 PressWIRE Via Acquire Media NewsEdge) www.OTCtipReporter.com Stocks To Watch -- NuVim, Inc. (PINKSHEETS: NUVM), US Wireless Online Inc. (PINKSHEETS: UWRL), Scottish Re Group Limited (PINKSHEETS: SKRRF), 3D Eye Solutions, Inc. (PINKSHEETS: TDEY)
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NuVim and Cross Legion Marketing Announce Powder Mix Marketing Agreement, With an Annual Revenue Guarantee
PARAMUS, NJ July 7, 2010 -- NuVim, Inc. (PINKSHEETS: NUVM) (www.nuvim.com), a leading provider of nutritional refrigerated and shelf stable ready to drink healthy beverages and powder mixes, announced today that a three-year marketing agreement has been signed with Cross Legion Marketing LLC (www.crosslegionmarketing.com) to increase consumer sales of NuVim powder mixes through the NuVim website. The Agreement guarantees NuVim a minimum of $250,000 in powder mix revenues for each of the next three years and includes provisions for automatic renewal. The Agreement also incorporates bonus incentives to Cross Legion Marketing for reaching internet powder mix target revenues of $500,000, $750,000, $1,000,000 and over $1,500,000 in a contract year. Product details can be found at http://bit.ly/aCRfUo.
Cross Legion Marketing is an award-winning, e-Marketing and consumer products public relations agency that develops and executes marketing strategies and communications programs. These programs help clients achieve their sales and marketing objectives while also establishing their brand and brand presence. Cross Legion Marketing specializes in utilizing creative and strategic combinations of public relations, entertainment media, events, sponsorships and partnerships, large database of 60 million plus opt-in emails, influencer outreach approaches, and publicity/social media. Using these tactics will help to increase NuVim's sales to target customers and help the consumer to discover or re-discover the brands and products we offer.
Megan Hardy of Cross Legion Marketing stated, "We are very excited to be in relationships with NuVim and the individuals associated with NuVim. The technology, research and development behind these products far surpass other healthy-beverage products, and we are proud to be the sole marketer and brand awareness voice for NuVim. We are ready to attack NuVim.com's online marketplace."
Cross Legion Marketing will pay for the internet advertising and other related marketing costs associated with increasing internet sales through search engines and social networking. In addition, Cross Legion Marketing will add their expertise to NuVim 's newly refurbished website to put more focus on gaining powder mix sales. NuVim will pay Cross Legion Marketing a percentage of the net sales on internet powder mix orders and other products sold on NuVim 's website.
Rick Kundrat, NuVim CEO, stated that, "Our Agreement with Cross Legion Marketing assures that one of the five major Company expansion initiatives will reach or exceed targeted revenue and profit objectives. NuVim 's internet sales, military commissary expansion, military troop feeding, and the introduction of both the new teas and lemonade and drinkable yogurt products are immediate sales targets. Our Company distributes healthy beverages that have real nutritional value to the military, foodservice operations, and all national distributors who sell to schools, colleges, hospitals, and retail supermarket chains. We like to say NuVim is the best thing you can drink."
About NuVim: NuVim is a one of a kind healthy beverage. NuVim contains lactose-free whey protein, a prebiotic fiber based on extensive research and development that spanned over 30 years, and essential minerals and vitamins. NuVim helps maintain a strong immune system, increase vitamin and mineral absorption, especially calcium for bone and muscle health, and improves consistent digestion. With only 45 calories per 8 ounce serving and its nutritional values, NuVim could be considered the "Best Thing You Can Drink." After drinking NuVim for 30 days, NuVim guarantees you will "Feel the Difference." NuVim has no high fructose corn syrup, no lactose, no cholesterol, no fat, no artificial flavors or colors and no caffeine. The powder mixes in chocolate, vanilla and strawberry flavors can only be purchased online.
About Cross Legion Marketing LLC
Cross Legion Marketing is an award-winning, eMarketing and consumer products public relations agency that develops and executes marketing strategies and communications programs utilizing Social Networking, public relations, entertainment media, events, sponsorships and partnerships, large database of 60 million plus opt-in emails, and influencer outreach approaches. Cross Legion is a website brand marketing company, with expertise in driving internet shopping traffic to a wide variety of retail consumers. In the past, Cross Legion has been able to promote and dramatically increase web visitors for numerous consumer product companies.
To learn more about NuVim visit www.nuvim.com or call toll free 877-850-8777
Safe Harbor Statement:
This 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 Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in future operating results due to a number of economic, competitive and other factors, including among other things, its ability to finance operations and inventory on terms acceptable to us, new and increase competition, changes in market demand or customer preferences. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors which could materially affect the Company and its operations and included in the Company's filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-QSB for the period ended December 30, 2007.
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US Wireless Online Inc. (UWRL) Assesses China Mobile Application Merger Candidate
HENDERSON, NV, July 6, 2010 -- US Wireless Online Inc. (PINKSHEETS: UWRL) www.uswirelesscorporation.com) is pleased to introduce potential merger company, Vu365 www.Vu365.com. (365 Group)
365 Group roots date back to 2005 and is in the business of developing and operating web and casual games. It is based in Nanchang, Jianxi Province, and employs 35 people. Over the years the company grew organically with acquisitions, enhancements and developments of a popular China based download portal PP365. PP365 briefly entered the public markets in 2008 where it attracted the attention of VU365 management. PP365 continues to be a solid performer for the 365 Group.
The 365 Group has several products in development: an assortment of strategic web games, cyber games and 3-D large scale competitive games with focus on oriental themes. Vu365 has already garnered popularity as the sole agent of a Korean MMORPG (Massively Multiplayer Online Role-Playing Game), a game that accrued 3000 online gamers and a monthly residual income of almost 300,000 RMB about $10,000.00 USD from that single application alone.
UWRL is in the final stages of due diligence and negotiations with Vu365 Group with the finalization of the merger virtually on a cusp of completion. UWRL has been in the process of seeking merger candidates, and strongly believes this merger candidate has huge potential. This belief is supported with PP365 brief entry in the public markets and the remarkable results achieved. The UWRL board thinks Vu365 is charting the way for global opportunities in the gaming sector. Future possibilities and expansions for the 365 Group includes expansion into SMS and MMS mobile type applications focusing on tri-way wireless network technology turn-key solutions for China based governments and businesses, and similar types of emerging mobile technologies.
In other company news, a source close to the UWRL said " UWRL continues its aspirations towards acquiring the previously announced Canadian based Welcome Place Software (WP) company. Both companies continue to work close in all aspects. At present UWRL and WP enjoy a signed letter of understanding with WP vigorously progressing with the name change, the launch of a new platform and more importantly exploring ways and means to dove tail the WP application into a mobile application and the future of UWRL global business game plan. All the pieces are slowly coming together and with VU365 platform the aforementioned global vision of the UWRL organization as a whole carries enormous potential. The management of UWRL, VU365 and WP are mindful of the opportunity at hand and have set a realistic workable timetable to reach these milestones. The management believes that this is well under way"
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of US Wireless Online, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. US Wireless Online, Inc. cautions you that any forward-looking information provided by or on behalf of US Wireless Online, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. US Wireless Online, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond US Wireless Online, Inc.'s control. In addition to those discussed in US Wireless Online, Inc.'s press releases, public filings, and statements by US Wireless Online, Inc.'s management, including, but not limited to, US Wireless Online, Inc.'s estimate of the sufficiency of its existing capital resources, US Wireless Online, Inc.'s ability to raise additional capital to fund future operations, US Wireless Online, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match US Wireless Online, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. US Wireless Online, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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Scottish Annuity & Life Insurance Company (Cayman) Ltd. Announces Tender Offer for Cash of Any and All of the Outstanding Stated Amount of 5.902% Collateral Facility Certificates of Stingray Pass-Through Trust
HAMILTON, Bermuda July 7, 2010 -- Scottish Annuity & Life Insurance Company (Cayman) Ltd. (the "Company"), a wholly owned subsidiary of Scottish Re Group Limited (Pink Sheets: SKRRF), has commenced a cash tender offer for any and all of the outstanding 5.902% Collateral Facility Certificates (the "Pass-Through Certificates") of the Stingray Pass-Through Trust (the "Pass-Through Trust").
The tender offer is being made pursuant to the Offer to Purchase, dated July 7, 2010 (as it may be amended and supplemented from time to time, the "Offer to Purchase") and the related Letter of Transmittal, dated July 7, 2010 (as it may be amended and supplemented from time to time, the "Letter of Transmittal" and, together with the Offer to Purchase, the "Offer"), which set forth the full details of the terms and conditions of the Offer.
The Company recently entered into privately negotiated transactions for the purchase of approximately $55.5 million aggregate stated amount of Pass-Through Certificates, from certain third party institutional holders (the "Privately Negotiated Stingray Transactions"). In connection with the Privately Negotiated Stingray Transactions, the sellers of the Pass-Through Certificates provided the requisite consents to amend certain transaction documents related to the Pass-Through Certificates. The amendments, among other things, allowed the interest rate swap related to the Pass-Through Trust (the "Interest Rate Swap") to be terminated. The Interest Rate Swap was terminated on July 2, 2010 and resulted in a termination payment of $39,187,000 by the swap counterparty to the Pass-Through Trust. Such swap termination payment was calculated based upon the value of the swap as of its termination date, and will be distributed, pro rata, to holders of Pass-Through Certificates as of June 30, 2010, on the next distribution date, which is expected to occur on July 12, 2010. The repurchases of the Pass-Through Certificates in the Privately Negotiated Stingray Transactions are expected to settle with the respective sellers on July 7, 2010 and July 13, 2010 and are at the same price as in the Offer.
The amendments also eliminate a covenant in the transaction documents prohibiting the sale by the Company of all or substantially all of its assets without the acquiring entity assuming the obligations of the Company.
UBS Securities LLC will serve as Dealer Manager for the Offer. Persons with questions regarding the Offer should contact UBS Securities LLC, toll-free at (888) 719-4210. Requests for documents may be directed to D.F. King & Co., Inc., the Information Agent, at (212) 269-5550 or (888) 869-7406.
This press release is neither an offer to purchase nor a solicitation of an offer to sell the Pass-Through Certificates or any other security. The Offer is made only by the Offer to Purchase and the related Letter of Transmittal. The Offer is not being made to security holders in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the Offer is required to be made by a licensed broker or dealer, it shall be deemed to be made by the Dealer Manager on behalf of the Company.
About Scottish Re Scottish Re Group Limited is a global life reinsurance specialist. Scottish Re has operating businesses in Bermuda, Ireland and the United States. Its operating subsidiaries include Scottish Annuity & Life Insurance Company (Cayman) Ltd., Scottish Re (Dublin) Limited and Scottish Re (U.S.), Inc. Additional information about Scottish Re Group Limited can be obtained from its Web site, www.scottishre.com.
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3D Eye Solutions, Inc.'s 3d Conversion Technology Is Compatible With Apple's iPad(TM)
Company Expands its Versatility within the 3D Market
LONGWOOD, Fla., July 7, 2010 -- 3D Eye Solutions, Inc. (PINKSHEETS: TDEY) is pleased to announce that the Company continues to expand its presence in the 3D Market through continued advancements in its cutting edge 2D to 3D content conversion technology. The Company's state of the art 2D to 3D content conversion technology is compatible and can integrate its proprietary conversion process and file formats with the Apple iPad.
Apple sold three million iPad's within 80 days of its introduction in the US. Developers have created over 11,000 exciting new apps for iPad that take advantage of its Multi-Touch user interface, large screen and high-quality graphics. iPad will run almost all of the more than 225,000 apps on the App Store which 3D Eye Solutions can convert from 2D to 3D. iPad users can browse the web, read/send email, enjoy and share photos, watch HD videos, play games, read ebooks and much more in 3D with 3D Eyes content conversions.
"Our proprietary 2d to 3D conversion technology gives us and our shareholders tremendous opportunities to generate substantial revenues across various industries and on multiple platforms," stated Michael Gibilisco, CEO of 3D Eye Solutions, Inc. "With superior and widely compatible techniques, 3D Eye Solutions can turn 2D visual data into 3D images through a wide variety of platforms. The Company is implementing several new strategies in 2010 that will assist us in expanding the 3D Eye Solutions brand nationwide.
The Company recently announced it continues to implement its licensing strategy with the signing of five licenses over the last several weeks. 3D Eye Solutions has signed license agreements with companies that cover a variety of vertical markets such as film, broadcast television, video game, digital signage, and the communications industries in both North America and Europe. The Company's licensees are able to market and sell 3D Eye's proprietary 2D to 3D conversion technology to their existing contact network and customer base within their respective industries. 3D Eyes strategy is to generate additional revenue through the sale of licenses and the exclusive 2D to 3D content conversion that is included in the terms of each license agreement.
About 3D Eye Solutions, Inc.:
3D Eye Solutions, Inc. is a service provider and integrator for the 3D Stereo and Auto-stereo media industry that covers a wide range of markets. 3D Eye Solutions, Inc. produces and processes media content for corporate, venues, and trade show events. The Company also provides turnkey systems and converts existing media to enable end users to showcase properties in multi-view format. For more information, please visit the Company's Web site: www.3deyesolutions.com.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
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