TMCnet News
Breaking News!! Sign Up Now!! WNCG-"The Wyncrest Group, Inc. Grows Sales Force by 59%, Further Diversifying its Operations and Adding Shareholder Value":: QPRJ-"Quadra's Subsidiary Signs Sales Order for $420,000 With Fanta"(M2 PressWIRE Via Acquire Media NewsEdge) STOCK MARKETING INC PRESENTS : (PINKSHEETS: WNCG - Wyncrest Group, Inc. (The)) (OTCBB: QPRJ - Quadra Projects Inc.) (PINKSHEETS: OWVI - One World Ventures, Inc.) (OTCBB: CCTR - China Crescent Enterprises, Inc.) (OTCBB: ELCR - Electric Car Company, Inc.) (NASDAQ: OSTK - Overstock.com, Inc.) www.StockMarketingInc.com To sign up for our free Profiles & Alerts :: visit http://www.StockMarketingInc.com email us!! [email protected] or call 1-866-583-8960 ------------------------------------------------------------------------------------------------------------------------------------------------------------ (PINKSHEETS: WNCG - Wyncrest Group, Inc. (The)) LATEST NEWS!! The Wyncrest Group, Inc. Grows Sales Force by 59%, Further Diversifying its Operations and Adding Shareholder Value CHICAGO, Nov 06, 2009 -- The Wyncrest Group (Pink Sheets: WNCG), a leader in niche insurance and financial products and services, announced that it grew the number of sales representatives by 59%. The company's wholly owned operating subsidiary, Southwest Financial Group (SFG), recruited an additional 50 agents from across the country to its sales force during the past month. The additional agents raise the total number of agents SFG contracts to approximately 135 people. The agents were contracted in order to meet the growing demand from the market and to further diversify its operations. Increased demand for insurance and financial products that help individuals and families protect them as well as save more for retirement in the current economic environment contributed to the need for a larger sales force. Chris Zaal, President of SFG commented that, "Our group holds a competitive advantage in attracting talented professionals. The breadth of product offering and technology infrastructure available at SFG helps distinguish us and adds to shareholder value." Wholly owned SFG has been in business for 21 years, has 18,000 clients, and sells through 100+ representatives nationwide. During 2008, approximately $22 million in total insurance policy sales were generated resulting is $1.1 million of commission revenues. WNCG plans to continue to grow SFG through discounted acquisitions of competing agencies and applying its IT advantage with a U.S. patent pending automated business method for managing the acquired client books to improve policy renewal retention and up-selling. The company expects that this strategy will reduce cost of sales by half compared to traditional origination methods. About The Wyncrest Group (WNCG.PK) The Wyncrest Group is a publicly traded company based in Chicago, Illinois, which provides insurance products and services through its Southwest Financial Group subsidiary (SFG). WNCG is also in negotiations with several acquisition targets developed over an ongoing two-year campaign to find distressed agencies and consolidate contract assets under one lower cost platform. Royalty income is expected from licensing insurance products patented under a new category of business methods, a strategy taken only by a few in a new class of small innovative insurance companies leading the industry. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: QPRJ - Quadra Projects Inc.) LATEST NEWS!! Quadra's Subsidiary Signs Sales Order for $420,000 With Fanta LAS VEGAS, NV, Nov 09, 2009 -- QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTCBB: QPRJ), announced today that its wholly owned subsidiary, Quadra Energy Systems Inc. (QES), a Belize corporation, signed a sales agreement with its distributor Fanta International Enterprises (Canada) Inc. (Fanta) for the sale of a QES2000 Utility Unit and the Company's technical team has commenced manufacturing with an anticipated delivery date of January 15th 2010. The purchase price for the sales agreement is $420,000 USD. Mr. Stephen Leung, President of Fanta, advised this order is the precursor of an additional order for 2 QES2000 conversion units generating anticipated revenues of $2,600,000 USD for the Company. Mr. Leung also confirmed that on his recent trip to China, he met with senior government officials and corporate executives all of whom were very enthusiastic about the QES2000 System and expressed interest in acquiring the QES2000 Systems, it being one of the solutions for solving the environmental problems caused by waste. Further, Mr. Leung confirmed the completion of its service and parts center and establishment of its sales team to support the anticipated sale of many QES2000 waste to energy conversion units throughout China. The QES2000System is patented and Management of the Company is of the opinion that it is the most advanced prolysis and gasification system in the world, specifically designed to convert all organic waste (including used tires, plastic waste and municipal waste etc.) to valuable by-products such as N220 carbon black, biochar fertilizer, etc. and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment. On account of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems. Initially, the Company will focus its expansion initiatives in Asia, primarily in the fast growth countries of China, India and South-East Asian countries. About QUADRA PROJECTS INC. QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (PINKSHEETS: OWVI - One World Ventures, Inc.) LATEST NEWS!! One World Ventures, Inc. Clarifies November 5th, 2009 Press Release LAS VEGAS, NV, Nov 06, 2009 -- One World Ventures, Inc. (PINKSHEETS: OWVI) yesterday announced that its manufacturing subsidiary Tutamen has been awarded an order for Self Contained power systems for 500 homes. The company received an order (and deposit) from a private company in the Home Building business. OWVI wants to clarify that this order is in no way connected with Aquentium Inc., a public Company trading on the OTCBB. Stephen Prior, the CEO of One World Ventures, Inc., called the CEO of Aquentium, Inc. to apologize for any confusion. About One World Ventures, Inc. One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages. The Company looks for simple inexpensive alternatives to traditional ways of doing business. The strategic goal in every business is in leveraging assets and opportunities globally, focusing on niche markets and providing cost effective operations. The company's unique holdings will provide revenues predominantly derived from memberships, commissions and transactions. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: CCTR - China Crescent Enterprises, Inc.) LATEST NEWS!! China Crescent Enterprises, Inc. Announces Letter of Intent to Acquire China Radio Technology Ltd. Subsidiary With $20 Million in Anticipated Annual Revenue DALLAS, TX, Nov 05, 2009 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) of Dallas, Texas and China Radio Technology Ltd, a Hong Kong-registered company, today announced a letter of intent for China Crescent to acquire a China Radio subsidiary in Shenzhen. The China Radio subsidiary is anticipated to produce $20 million in annual revenue. China Radio is a mobile communication hardware and software company that develops and manufactures products for sale in China. Paul Danner, the CEO of China Crescent, is scheduled to be in China next week to develop the current terms of the non-binding letter of intent into finalized acquisition terms for a transaction expected before year end. China Crescent is scheduled to release a webcast next Thursday, November 12th to present more details on the China Radio Technology opportunity. Corporate E-mail Updates To sign up to receive company updates or to obtain more information on the Company, please visit www.chinacrescent.com. About China Crescent Enterprises, Inc. (www.chinacrescent.com) China Crescent Enterprises, Inc. reported over $40 million in profitable revenue in 2008. The Company is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market. Headquartered in Dallas with operations in Shanghai and Beijing, China Crescent bridges the gap between Western and Eastern business cultures to assist Western clients in realizing the advantages of the high quality, low cost technology products and services available from China. China Crescent also assists Western clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: ELCR - Electric Car Company, Inc.) LATEST NEWS!! Electric Car Company, Inc. Will Unveil a 100% Pure Electric Porsche Boxster Conversion November 8-11 at the Limo Digest Show in Atlantic City Company's Subsidiary, Imperial Coach Works, Will Host the Official Launch Party for the Industry's Premier Event SPRINGFIELD, MO, Nov 06, 2009) -- Electric Car Company, Inc. (OTCBB: ELCR), a vehicle conversion Company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, today announces that it will unveil a 100% "Pure Electric" Porsche Boxster at the 2009 Limo Digest Show November 8-11 to be held at the Trump Taj Mahal Convention Center in Atlantic City, New Jersey. www.limoshow.com The fully electric Porsche Boxster conversion will feature a new 1000 amp continuous output controller technology that will travel from 0-60 mph in as little as 5.5 seconds with a travel range of up to 150 miles per day. The EV Porsche will be available to the public for as little as $75,000.00 and can be equipped with quick response heating, air conditioning and regenerative braking. In addition to the unveiling of the EV Porsche the Electric Car Company's subsidiary, Imperial Coach Works, Inc., will be hosting the official launch party for the show to be held Sunday evening. The party themed "Night Of The Mystique" will offer pre-show cocktails, appetizers and music provided by Atlantic City's hottest DJ. Imperial Coach Works will also be showcasing a non-electric non-stretched Ford Expedition Ambassador series limousine along with a pink super stretch Cadillac Escalade. Imperial has committed to make a contribution to the Breast Cancer Foundation Of The Ozarks, (www.bcfo.org) for every pink limousine that is sold. About Limousine Digest Limousine Digest is the #1 source of information for the limousine industry. Industry members use Limousine Digest as their primary information source and guide for industry news, trends, product features, and advice. Limousine Digest is recognized as the authoritative voice in its field because it operates with the most experienced staff of researchers, experts and consultants in the industry. www.electriccarstocks.com About Electric Car Company, Inc. Electric Car Company, Inc., (OTCBB: ELCR) is a vehicle conversion Company that specializes in electric conversion and manufacturing for the livery and fleet markets including corporate VIP, Party Buses, Municipal Buses and Delivery Vehicles. The company brings together businesses specializing in customizing vehicles & powertrains. This proven business strategy is building a dominating presence in the aftermarket automotive up-fitter segment, including, but not limited to "PURE ELECTRIC" cars, liquid propane conversions, limousines & other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: OSTK - Overstock.com, Inc.) LATEST NEWS!! Overstock.com Launches New O.BIZ Website --The site carries over 8,000 bulk and business products SALT LAKE CITY, Nov 09, 2009 -- Overstock.com, Inc. (Nasdaq: OSTK) today announced launch of its new O.BIZ website where businesses and customers can buy bulk and business oriented merchandise. O.BIZ is designed to give small businesses and customers the opportunity to buy large quantities at deep discounts. O.BIZ will initially focus on restaurant, office, and hotel products. The new site has the look and feel of Overstock.com and is supported by the award-winning Overstock.com customer support team. O.BIZ customers will be able to shop with confidence using the same technology featured on Overstock.com. "We've launched O.BIZ to help small to medium-size businesses save money by leveraging Overstock.com's purchasing power," said Overstock.com Chairman and CEO Patrick Byrne. Single-character domain names are very rare; there are only five such domain names worldwide. Domain names using .BIZ are especially appealing to companies that sell products or services to other businesses. Overstock.com worked with Neustar, the domain name registry for .BIZ gTLDs, to launch the new site. To learn more visit www.o.biz "The simplicity of this domain name will help drive consumers to this new e-commerce destination for small to medium-sized businesses," said Tim Switzer, Neustar's vice president of Registry Services. "O.BIZ will increase the visibility of this new initiative for Overstock.com." About Overstock.com Overstock.com, Inc. is an online retailer offering brand-name merchandise at discount prices. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com. Overstock.com regularly posts information about the company and other related matters on its website under the heading "Investor Relations." ------------------------------------------------------------------------------------------------------------------------------------------------------------ About StockMarketingInc.com 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. ((Comments on this story may be sent to [email protected])) (c) 2009 M2 COMMUNICATIONS |