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The Safest Bet in Town! (OTCBB: CPYE), (OTCBB: COWI), (OTC Bulletin Board: SNDZ)(M2 PressWIRE Via Acquire Media NewsEdge) **************************************************************************************** PENNY STOCK BETS: www.pennystockbets.com Your Safest Bet in Town! Don't gamble with your financial future, Subscribe to our FREE newsletter and stay current with the latest stock picks. *** SIGN UP AT www.pennystockbets.com *** Earn money without losing anything,Contact us at [email protected] ***************************************************************************************** Conspiracy Entertainment Holdings, Inc. Reports Revenues of $2.5 Million in Q2 2010 LOS ANGELES, Aug 24, 2010 Conspiracy Entertainment Holdings, Inc. ("Conspiracy Entertainment") (OTCBB: CPYE), through its wholly owned subsidiary, Conspiracy Entertainment Corporation, a developer, publisher and marketer of interactive entertainment software in North America and Western Europe, announced today its financial results for the second quarter ended June 30, 2010. Revenues for the three months ended June 30, 2010 were $2,527,038, compared to $755,223 for the three months ended June 30, 2009, representing approximately 234% increase. Gross profit for the three months ended June 30, 2010 was $602,648, compared to $107,377 for the three months ended June 30, 2009. This increase was primarily attributable to having released America's Next Top Model (DS and Wii), Just Sing! (DS), and releasing the repackaged versions of the Think titles (DS and Wii). "Not only are we pleased with the increase in revenues over 2009, but the fact that were able to cut back on expenses as well," commented Sirus Ahmadi, CEO of Conspiracy Entertainment. "We have continued to improve our corporate structure which has enabled us to grow organically and maintain profitability." The Company is anticipating strong sales and reorders throughout the remainder of the year for all of its titles as well as continued sales for Real Heroes: Firefighter (Wii) that was recognized as one of the top 5 shooting games on the Wii for 2009 by IGN Magazine, America's Next Top Model (DS and Wii), and Just Sing! (DS). Details of the Company's quarterly results are filed and available on Form 10-QSB at http://www.sec.gov. About Conspiracy Entertainment Holdings, Inc. Conspiracy Entertainment Holdings, Inc., through its wholly owned subsidiary, Conspiracy Entertainment Corporation, is a developer, publisher and marketer of entertainment software in North America and Western Europe. The Company develops and licenses properties from several sources, including global entertainment and media companies and publishes software for DVD media, wireless devices, personal computers and video game consoles, including those manufactured by Nintendo, Sony Computer Entertainment, Inc., and Microsoft Corporation. Conspiracy Entertainment was founded in 1997 and is based in Santa Monica, CA. Forward-Looking Statements Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. Additional information on risks and other factors that may affect the business and financial results of Conspiracy Entertainment Holdings, Inc. can be found in the filings of Conspiracy Entertainment Holdings, Inc. with the U.S. Securities and Exchange Commission. ----------------------------------------------------------------------------------------- CoroWare Reports Second Quarter 2010 Earnings KIRKLAND, Wash., Aug 24, 2010 CoroWare, Inc. (OTCBB:COWI) today announced its financial results for the quarter ended June 30, 2010. During the three-month period ended June 30, 2010 (the "2010 Period") revenues were $632,813 compared to revenues of $416,117 during the three-month period ended June 30, 2009 (the "2009 Period"). Gross revenues improved compared to the previous quarter and year as customers increased spending on software development and IT consulting services, as well as videoconferencing products, solutions and services. Gross Profit was $136,349 (21.5% gross profit percentage) for the 2010 Period compared to $162,528 (39.1% gross profit percentage) for the 2009 Period as a result of investing operational resources into CoroWare's CoroCall 2.0 HD videoconferencing service that management believes will result in new business in the coming months. Operating Expenses were $374,478 during the 2010 Period compared to $267,691 during the 2009 Period. Selling expenses were higher in the 2010 Period as the Company increased its sales and marketing expenses to help increase major account sales of CoroCall and CoroWare's telepresence product sales in the coming months. As well, Research and development was $31,783 for the 2010 Period compared to $0 in the 2009 Period as a result of software development investments in CoroWare Usage Reporter for Vidyo Systems, CoroWare Billing Integration Framework for MetraTech and Vidyo, and CoroWare NameTag. Loss from Operations was $238,129 during the 2010 Period compared to $105,163 in the 2009 Period. The increase in Loss from Operations was a result of increasing our Research and Development and Sales investments in telepresence to increase sales of CoroCall, CoroWare Billing Integration Framework in 2010. Net Loss for the 2010 Period was $273,813 compared to net loss of $1,366,252 for the 2009 Period. The comparatively lower Net Loss during the 2010 Period was a result of reduced derivative expenses from debenture and warranty liabilities. Net Cash Flows from Operating Activities was $63,893 for the 2010 Period compared to ($237,101) for the 2009 Period. "We were pleased to see CoroWare's revenues rebound and positive net cash flows from operating activities this quarter," said Lloyd Spencer, CEO of CoroWare, Inc. "We look forward to continued growth of CoroWare's software development business as well as sales of HD videoconferencing products, solutions and CoroCall subscription services." The full 10-Q report can be accessed by going to www.coroware.com, visiting the Investors page and clicking "Latest 10-Q filing." About CoroWare Headquartered in Kirkland, Washington, CoroWare is a solutions integrator with expertise in affordable telepresence, IT consulting and mobile robotics. For more information on CoroWare's products and services, please visit www.CoroWare.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations. ----------------------------------------------------------------------------------------- Sunridge Schedules European Meetings FOUNTAIN HILLS, Ariz., Aug 24, 2010 Sunridge International (OTC Bulletin Board: SNDZ), announced today that it will travel to Europe next month to have meetings with key brokers and funds. The purpose of these meetings will be to bring awareness to our company's technology, and to facilitate funding for Sunridge to execute its business plan for expansion. "Now is a good time for this project," states G. Richard Smith, CEO of Sunridge. "We have had a presence in Europe through distributors for some time now, and with our recent expansion into India and the Middle East, it makes good sense." The meeting schedule is being setup by IBIS Consulting LLC, a consulting firm with 10-years of experience pairing companies with European investment funds. Glaucoma is the second leading cause of blindness, affecting over 70 million people worldwide. PNT has been proven (through studies completed over the last 10 yrs) to be a safe, effective, non-invasive and a cost effective alternative for treatment for glaucoma and ocular hypertension. The 2-minute treatment has been developed, patented, and distributed by Sunridge International, wholly owned subsidiary, Ophthalmic International (www.oi-pnt.com). ***************************************************************************************** About PennyStockBets.com PennyStockBets.com is written and published by PennyStockBets.com employees. Readers are advised that this analysis report is issued solely for informational purposes. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by the publisher nor a solicitation of the purchase or sale of any securities. 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. PennyStockBets.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. For additional information, please visit www.PennyStockBets.com or e-mail [email protected]. ((Comments on this story may be sent to [email protected])) (c) 2010 M2 COMMUNICATIONS |