TMCnet News
Morningstockpicks.com: MGOA and MEVT Sign Multi-Million Distribution Agreement for Revolutionary Personal Safety Product(M2 PressWIRE Via Thomson Dialog NewsEdge) RDATE:30112007 Focus on MGOA, MEVT, EFGU, BIDZ, DIAAF and SGCP. *To receive periodic "FREE MORNING STOCK PICKS" and occasional " NEWS UPDATES" for selected public companies, subscribe to: http://www.morningstockpicks.com/FreeMembership.cfm Megola Inc. and MSE Enviro-Tech Corp. Sign Definitive Marketing and Distributorship Agreement With Janus Products Corp. for Titan 21 Fire Blankets Nov 29, 2007-- Megola Inc. (PINKSHEETS: MGOA) and MSE Enviro-Tech Corp. (PINKSHEETS: MEVT) (FRANKFURT: MEH.F), are pleased to announce the signing of a definitive marketing and distribution agreement with Janus Products Corp. (Janus) for distribution and sales of the Titan 21 Fire Blanket for the residential markets within Canada and the United States. Highlights of the Agreement: For the initial five year term of the Agreement, Janus agrees to purchase the Titan 21 Fire Blankets through both Megola Inc. and MSE Enviro-Tech Corp., and also pay a quarterly royalty on all Janus' sales of the product. Renewal of the Agreement will automatically occur in the event that Janus meets the following minimum product sales conditions: a) At least 250,000 units in the first 12 consecutive months b) At least 750,000 units cumulatively within the first 24 consecutive months c) At least 1,250,000 units cumulatively within the first 36 consecutive months d) At least 1,750,000 units cumulatively within the first 48 consecutive months e) At least 2,500,000 units cumulatively within the first 60 consecutive months Renewal of the Agreement shall occur in 12 month increments, and be conditional on minimum sales of 500,000 units in the previous 12 month period. Upon signing, MSE Enviro-Tech Corp. President and CEO, Michael Robinson commented, "We look forward to working closely with Megola Inc. and Janus Products Corp. to support the market development by Janus for the Titan 21 Fire Blanket through this comprehensive Distribution and Sales Agreement. Janus Products Corp.'s endorsement of Titan 21 for an aggressive marketing program was a major factor in selecting Janus to develop the market potential for this tremendous product." "This Agreement provides a strong foundation for Megola and MSE Enviro-Tech as we continue to work towards bringing all Hartindo product lines to market. It is a pleasure to have MSE Enviro-Tech Corp., and now, Janus Products Corp., share in our commitments here at Megola. By working in collaboration, the efforts and costs associated with introducing Hartindo are shared and help to expedite our goal of bringing these great products to households and industries throughout North America," states Joel Gardner, CEO of Megola Inc. The Titan 21 Fire Blanket The Titan 21 Fire Blanket is made from 100% cotton fabric that has been treated with Hartindo AF21 Fire Inhibitor. It is non-irritating and non-toxic and is resistant to bacterial and fungal contamination. The Titan 21 Fire Blanket will not burn or be penetrated by fire, acting as a wall of protection. The Titan 21 Fire Blanket can protect the body from fire and can also be used to blanket and extinguish the fire source. Thus, the Titan 21 Fire Blanket is ideal for residential use as it can be used as a protective blanket for family members and pets to escape fires and as a first response tool in areas where a fire risk exists, such as kitchens, garages, fireplaces, vehicles, home workshops, etc. Titan 21 Fire Blanket Certification A recent test was conducted in accordance with NFPA 701 (2004 Edition), Standard Methods of Fire Tests for Flame Propagation of Textiles and Films, at CTT Group facilities in Saint-Hyacinthe, Quebec. The 100% cotton Titan 21 Fire Blanket successfully passed the test with impressive results. (http://biz.yahoo.com/iw/071119/0330613.html) The Titan 21 Fire Blanket was submitted for testing to NFPA 2112 (2007 Edition), Standard on Flame-Resistant Garments for Industrial Personnel Against Flash Fire, at CTT Group Facilities. The Titan 21 Fire Blanket passed all fabric requirements and was shown to have Thermal Protective Performance ratings of 25.7 (spaced) and 19.3 (contact). The Titan 21 Fire Blanket has also met International Standard BS476 part 6 & part 7: (Class 0) (LPC BRE UK, SIRIM Malaysia and BOMBA Malaysia) About Janus Products Corp. Janus Products Corp. -- The Power of Innovation for Better Living -- specializes in the marketing of innovative products that contribute to health, personal safety and the environment while improving our everyday lives. Janus Products Corp also recognizes that consumers will benefit through their innovative product lines to which Janus will be dedicated in providing access to these products through their online portal, area distributors and select retail chains. About MorningStockPicks.com MorningStockPicks.com is a privately owned Investor Relations Consulting Firm engaged in raising investor awareness through the widespread dissemination of material data pertaining to selected publicly traded entities. One of the methods by which we achieve this is our free internet based publication. *To receive "FREE MORNING STOCK PICKS" and occasional " NEWS UPDATES" for selected public companies, subscribe to: http://www.morningstockpicks.com/FreeMembership.cfm *For more information on becoming a corp. client, and having your company's news disseminated to thousands of potential investors globally, go to: http://www.morningstockpicks.com/BecomeClient.cfm Or contact: Mr. Brent O'Connor I.R.Director-MorningStockPicks.com [email protected] Empire Film Group, Inc. (PINKSHEETS: EFGU) (Nov 29, 2007)-- Empire Film Group, Inc. (PINKSHEETS: EFGU) (http://www.empirefilmgroup.com) is pleased to announce it has entered into a joint venture partnership with Tayrona Entertainment and CEO James Ordonez to co-produce "Havana Heat" and other film projects. "We are extremely pleased to partner with a major creative force in the world of international entertainment production," stated Empire Film Group CEO, Dean Hamilton Bornstein. "James Ordonez and his team have been an essential part of numerous Hollywood success stories filming in Colombia and other worldwide locations including 'The Mission' starring Robert de Niro and Jeremy Irons, 'Cobra Verde' directed by Werner Herzog, 'Chronicle of a Foretold Death' directed by Francesco Rossi, 'Nostromo' starring Albert Finney and Colin Firth, 'Proof of Life' starring Russell Crowe and Meg Ryan, 'The Dancer Upstairs' directed by John Malkovich, 'Reversal of Love' distributed by MGM, and the recently released 'Love in the Time of Cholera' directed by Mike Newell. His company will be an invaluable part of the success of Empire's projects in Colombia." CEO James Ordonez added, "I am excited for Tayrona Entertainment to be a part of Empire Film Groups' many promising projects scheduled for production in in 2008." *To receive periodic "FREE MORNING STOCK PICKS" and occasional " NEWS UPDATES" for selected public companies, subscribe to: http://www.morningstockpicks.com/FreeMembership.cfm Bidz.com (NASDAQ: BIDZ) (Nov 29, 2007)-- City of Industry, CA - Business service industry alert provided by U.S. Equity News. Bidz.com (NASDAQ: BIDZ), a leading online auctioneer of jewelry, announced that it has directed legal counsel to investigate possible wrongdoing by editor Andrew Left of Citron Research, who published a derogatory profile on Bidz.com on Citron's website, and others in connection with recent trading in the Company's securities. The Company is concerned that recent selling activity in the Company's common stock may violate the federal securities laws. In particular the Company is concerned that this activity may not be in compliance with U.S. Securities and Exchange Commission (SEC) requirements governing short-sales, and the recent rule amendments enacted by the SEC to, among other things, curb potentially abusive "naked" short selling. *To receive periodic "FREE MORNING STOCK PICKS" and occasional " NEWS UPDATES" for selected public companies, subscribe to: http://www.morningstockpicks.com/FreeMembership.cfm Diamant Art Corporation (OTCBB: DIAAF) (Nov 28, 2007)-- Diamant Art Corporation (OTCBB: DIAAF) announced that the Company is prepared to meet the demand of the rapidly growing segment of plastic grocery bag manufacturers. Nor-X brings an elite, high quality, and patented technology to the industry through Diamant Art Corporation which is prepared to start filling orders immediately based on the anticipation of a strong surge in demand for the Nor-X biodegradable additive. CNN.COM/AM delivered a story that shed light on the fact that, "In recent months, environmental campaigners have been focusing their ire on the once guiltless plastic bag, publicly declaring it the nemesis of all that is green and good. It has also become a powerful symbol of how neglectful and profligate modern society has become." The news story goes on to reveal a growing market overseas when stating that, "Only this week in the UK all 33 London boroughs gave their backing to a Parliamentary Bill which seeks to make law an outright ban on free throwaway plastic bags." The move comes after Modbury, a small town in Devon, UK gained much publicity when it banned plastic bags back in May 2007. Cities far and wide are beginning to implement a ban. Dhaka, the capital of Bangladesh, banned plastic bags in 2002 and in March this year San Francisco followed suit. For the last five years, the Republic of Ireland has imposed a nationwide tax of 15 cents on all supermarket shopping bags and in 2008 the Australia government will start a similar program. Since their introduction to U.S. supermarkets in the late 1970s plastic bags have become a ubiquitous presence. They were a blessing for every shopkeeper in the world; being lighter, stronger and cheaper than the conventional paper bag. Their numbers spread rapidly and it is now estimated that the annual worldwide consumption of plastic bags is currently running at between 500 billion to one trillion. Nor-X Industry AS has patent applied eight patents (2 new patent applications 2007) covering the technologies under development and documentation. Three patents are within the Nor-X(TM) Degradable family branch, three are within hybrid polymers and barrier properties, one is for the Nor-X(TM) Oil Remove and one combines use of base Nor-X Industry AS technologies together with hybrid polymers. Nor-X Industry AS has an exclusive license for these patents. *To receive periodic "FREE MORNING STOCK PICKS" and occasional " NEWS UPDATES" for selected public companies, subscribe to: http://www.morningstockpicks.com/FreeMembership.cfm Sierra Gold Corporation (Pink Sheets:SGCP) (Nov 28, 2007)-- Sierra Gold Corporation (Pink Sheets:SGCP) has just received reports for samples from the new gold bearing hard rock formation in Sierra Leone deposited with SGS Laboratories in Toronto, Canada last month. Three separate samples were tested. The gold grades averaged just over 90 grams per ton (just under 3 ounces per ton). The gold grades for the last set of samples processed in Sierra Leone were over 80 grams per ton (more than 2.5 ounces per ton). The recent article, "Check This Area Out," dated September 26, 2007, published in "Stockhouse BullBoards," stated that "The Birimian trend (West Africa) is ... currently the base for the fastest growing gold production and exploration area in the world." The author makes the analogy of West African gold production to that of the Carlin trend in the 1990s. He writes that if Nevada were a separate country it would rank within the top five countries in the world for gold production. Sierra Gold's geological team will continue to investigate and further explore the new hard rock formation. A trenching program has already been initiated in conjunction with continued sampling. Pending favourable results, a drilling program will be initiated. Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. Sierra Leone's neighbors, Ghana and Mali, are the second and third largest gold producers in all of Africa. *To receive "FREE MORNING STOCK PICKS" and occasional " NEWS UPDATES" for selected public companies, subscribe to: http://www.morningstockpicks.com/FreeMembership.cfm Publisher. This publication is made by MorningStockPicks ("MSP"). This publication is not an independent research report, does not purport to provide any financial analysis, and is not an offer to buy or sell any security. MSP is not qualified under any legislation to provide investment advice. Information herein is based on statements and public information issued by third parties, which MSP presumes is reliable but has not verified. MSP does not accept responsibility for accuracy of any content derived from these sources. You should independently verify all statements herein. MSP strongly encourages readers wishing to invest in any company mentioned herein to undertake adequate due diligence. Do not invest without first consulting with a qualified investment advisor. Forward-looking statements. This press release may contain forward-looking statements that involve risks and uncertainties. Words such as "believe," "may," "could," "will," "intend," "expect," "anticipate," "plan," and similar expressions are generally used to identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Actual results of any company discussed herein could differ materially from those anticipated in the forward-looking statements for many reasons, including: the company's ability to continue as a going concern, amendments to current regulations adversely affecting its business, results of operations and prospects, its ability to raise additional capital, potential litigation, and such other risks and uncertainties as may be detailed from time to time in other press releases or public announcements. Although the expectations reflected in the forward-looking statements are believed to be reasonable, they relate only to events as of the date on which the statements are made, and future results, levels of activity, performance, or achievements may not meet these expectations. No party mentioned herein has any intention to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in expectations, except as required by law. CONTACT: Mr. Brent O'Connor, I.R.Director, MorningStockPicks.com e-mail: [email protected] ((M2 Communications Ltd 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 [email protected])). Copyright 2007 M2 Communications Ltd. |
