TMCnet News
PennyStockScholar.com: Here Enterprises Inc. (OTC.PK: HRTE), QSGI, Inc. (OTC.PK: QSGIQ), TGI Group (OTC.PK: TSPG), iTeknik Holding Corporation (OTC.PK: ITKH): Sign up for our FREE Stock Picks Today!(M2 PressWIRE Via Acquire Media NewsEdge) www.PennyStockScholar.com Here Enterprises Inc. (OTC.PK: HRTE), QSGI, Inc. (OTC.PK: QSGIQ), TGI Group (OTC.PK: TSPG), iTeknik Holding Corporation (OTC.PK: ITKH) Join our FREE newsletter at www.PennyStockScholar.com today and receive our next Hot Stock Alert. _______________________________________________________________________ Here Enterprises Achieving Major Milestones SAN ANTONIO, June 20, 2011 -- Here Enterprises Inc. (Pink Sheets: HRTE), a growing developer of clean energy engaged in co-locating wind farms with commercial businesses to maximize the value of each project, is pleased to provide shareholders with a recap and update of the Company's recent advancements in the execution of its growth strategy. Here Enterprises is nearing completion of its first wind energy facility in Floresville, Texas, has completed expansive renovations at its wholly owned Cycle Ranch Motocross Park, is attracting national attention with signature racing events, has initiated plans for the installation of solar arrays, has expanded its management team, and is working with key industry organizations to promote the development of clean energy. Construction is complete for the initial phases of development of Here Enterprises' Cycle Ranch wind project, including turbine installation and build-out. The Company has filed a Customer-Owned Distributed Generation Renewable Energy Service Application with the local utility, Floresville Electric. Approval of the application will enable the new wind facility to link to the grid for power generation and sale. The Company is now proceeding with the installation and testing of electrical systems. The Company expects to bring the facility online this year, enabling the independent production and trade of sustainable wind energy. Here Enterprises' wholly owned Cycle Ranch Motocross Park subsidiary is located on the Floresville property. With a reputation as one of the five best motocross tracks in the nation, the 108 acre property features red dirt, oak trees and a growing motocross speedway that brings in competitors and spectators each week. Cycle Ranch also provides ample acreage and exposure for wind and solar energy generation. Here Enterprises has completed extensive renovations at Cycle Ranch to increase sales, attendance and signature racing events. Renovations include upgraded equipment, property improvements and expanded facilities including sites for recreational vehicle (RV) camping. The Company has, upgraded office equipment and systems, purchased new maintenance equipment, and completed landscaping and facilities renovation projects. The Company also built a new GP/Vet Track to host additional races and practice sessions Following last month's successful American Motorcyclist Association (AMA) Loretta Lynn Area Qualifier race, the Cycle Ranch commercial speedway has entered a full season of track summer racing events. Cycle Ranch was featured in an episode of The History Channel's hit series Top Gear which was filmed in April. Cycle Ranch has also been tapped to host the nationally televised finale of the 2011 TRAXXAS TORC Series Off-Road Championship, the nation's premier competition short course off-road racing series. Last month Here Enterprises announced the appointment of Mr. George Russell as the Company's Chief Financial Officer. Mr. Russell is leveraging extensive business development, investment and financial planning expertise to drive growth and expansion. In addition, Here Enterprises has joined the Texas Renewable Energy Industries Association (TREIA) to support the development of clean energy and gain access to new partnership and sales opportunities. Mark Ryun, CEO of Here Enterprises, commented: "2011 has been an exciting year of growth and expansion for Here Enterprises, exceeding even our own expectations. From the development of our first wind farm to the expansion of the raceway, marquee accredited races bringing national television exposure, and our proposed solar venture, we are achieving significant milestones with more to come." About Here Enterprises Inc. (HRTE.PK) Here Enterprises is a developer of wind power, our nation's fastest growing renewable energy resource. The Company is engaged in planning, developing, acquiring and operating wind farms in the United States to generate clean, profitable wind energy. Here Enterprises is developing wind energy projects which co-locate wind farms with commercial businesses in order to maximize cashflow for each project. This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. HRTE has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect HRTE's current beliefs and are based upon information currently available to it. Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the HRTE's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. HRTE undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements. _______________________________________________________________________ KruseCom Merges With QSGI PALM BEACH, Fla., June 20, 2011 -- KruseCom, LLC, the company that 'Buys, Sells, and Maintains Enterprise I.T.', has merged with QSGI, Inc. (Pink Sheets:QSGIQ) in accordance with QSGI's Plan of Reorganization which was approved on February 11, 2011 by the United States Bankruptcy Court. Previously a private company, KruseCom contributes its assets and revenues to the merger for the benefit of QSGI's shareholders and stakeholders. Under the QSGI corporate entity, KruseCom and its related business entities will continue to operate under their current brand names. Marc Sherman, Managing Member of KruseCom, LLC, and Chairman/CEO of QSGI, Inc., explained, "We are pleased to announce this first step towards the renewed QSGI which is set to emerge from bankruptcy as early as July 8th, 2011. We have worked tirelessly to rebuild the value of our business, and we are ready for launch. We have been through the worst economic times in modern history, and we are about to turn the corner for our clients and shareholders. Our organization is very excited about the future prospects of our new business plan and vision. We continue to build and nurture the remarketing, recycling, and data security businesses, along with launching our new product sales and maintenance services. With positive cash flow and no bank debt, we feel we can continue to grow and build our business while minimizing risk for shareholders, despite the current economic environment. The technology refresh cycle has been put on hold in recent years, and the fact we have survived and are now flourishing, gives us great confidence in the future." About KruseCom KruseCom 'Buys, Sells, and Maintains Enterprise I.T.' KruseCom's portfolio of products and services is designed to help corporations and government organizations to better manage their surplus information technology assets. KruseCom customers benefit by reducing their maintenance expenses, building best practices for data security, and assuring regulatory compliance. Addressing the entire range of IT platforms - from mainframes, midrange servers and PCs, to network infrastructure and enterprise storage hardware, the services offered by KruseCom are designed to reduce total cost of ownership for IT assets and maximize the clients' return on their IT investments. For enterprise class hardware in data centers, KruseCom offers hardware maintenance services, refurbished whole systems, parts, features, upgrades, and add-ons. Additionally, for desktop IT assets, servers, and SAN products, KruseCom offers a range of end-of-life services that include: automated asset auditing, Department of Defense (DOD) level data destruction, documentation for regulatory compliance, hardware refurbishment, worldwide remarketing, and proper IT asset recycling. Given the sensitive nature of the company's client relationships, it does not provide the names of its clients. Additional information about the company is available at www.KruseCom.com. About QSGI QSGI, Inc. specializes in technology asset management, new product sales, used product remarketing, enterprise maintenance, spare parts sales, end of lifecycle management, hard drive destruction and data erasure, fee-based e-waste disposal, and green recycling. Providing a spectrum of information technology products and services, QSGI creates a marketplace that bridges I.T. transactions between Fortune 500 corporations, original equipment manufacturers, leasing companies, privately held businesses, and even individual consumers. QSGI's mission is to continue developing new services that add value for its customers and shareholders. Forward-Looking Statements: Statements in this release that are not strictly historical in nature constitute "forward-looking statements." Such statements may include, without limitation, statements with respect to the Company's plans, objectives, expectations and intentions, and other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results of QSGI to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, risks and uncertainties related to the progress, timing, cost, and results of mergers, acquisitions, and operations; competition from other technology companies; and the additional risks discussed in filings with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and QSGI undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof. The company names used in this statement are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners. _______________________________________________________________________ TGI's Edgetech Systems Inc. (TSPG) Announces Appointment of New President RED BANK, N.J., June 21, 2011 -- TGI Group (PINK SHEETS: TSPG), diversified holding company, today announced the appointment of Alexander Dekhtyar as President of Edgetech Systems Inc. Mr. Dekhtyar will be in charge of developing the Company's U.S. and International business. Mr. Dekhtyar will be involved in further development of the Company's online trading platform and new products, which represents a new market and potential revenue stream for the Company. As new president, Mr. Dekhtyar's responsibilities will include strategic planning, administration, compliance and marketing as well as further develop an executive team to take Edgetech to the next level. Mr. Dekhtyar has over fifteen years experience in the management of startup companies, including ten years involved specifically in Forex. He is sought after for his abilities to take companies with promising technologies and properly structure them to allow them to successfully achieve their business strategies. He decided to join the Company after a careful due diligence into the marketability of retail trading platforms. "We are excited to have Mr. Dekhtyar join our company. His experience as an entrepreneur, corporate executive, and FOREX trader will be important as we expand our operations here in the United States and abroad," stated Henry, Val CEO of TGI, Edgetech's Holding company. "We will continue Edgetech operations in our Beverly Hills office and currently are considering relocating our Marketing office to New York City, for it is vital to have presence in the financial center of the world." Edgetech continues development of the system into a multi-asset class trading platform and looking to add to it social environment for the traders to share information and ideas. The platform currently supports foreign exchange, precious metals and other contracts. This purchase comes in light of recent developments, when TGI entered into an agreement with Worldlink Group plc (WLO1), which has patent protected technology platform for the transfer of real time financial and other data to mobile devices and also recently acquired trading platform and creation Edgetech Systems Inc. About Edgetech Systems Inc Edgetech software includes a front end trading interface, a back office reporting and management system and gateways to liquidity providers, also currently supports foreign exchange and contracts for difference transactions, and has been successfully implemented in demo and live environments by several registered financial companies and is being used by their clients. TGI shall have the right to develop this source code into a multi-asset class trading platform or make any other modifications it desires to make. All modifications of the source code shall belong to TGI, and TGI shall retain all rights to these modifications. About TGI Solar TGI SOLAR POWER GROUP INC. (www.tgisolar.com) is a diversified holding company. The Company offers its products and services to clients on a worldwide basis and currently maintains JVs and strategic alliances with installation, integration and energy consulting firms. TGI's strategy is to acquire new patented technologies, components, processes, designs and methods with commercial value that will give market advantage and generate shareholder value. Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission. _______________________________________________________________________ iTeknik Holding Corporation Needs Only Three Quarters to Surpass All of Last Year's Sales COMMERCE, MI -- 06/20/11 -- iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the telecommunications industry through its Send Global subsidiary, today announced that its sales for the first three quarters of FY 2011 were $8,700,671 compared to sales $7,339,657 for the entire four quarters of FY 2010. Net income in the first nine months of FY 2011 was $232,085 compared to a loss of ($94,511) in the same period of the prior year. Fredrick W. Wicks, Chairman and CEO of iTeknik Holding Corporation, stated, "Any time you are able to surpass your last year's sales in only three quarters of the current year, you are having a good year. We are very proud of this accomplishment and the fact that we have produced a significant profit from operations compared to a loss last year." About iTeknik Holding Corporation iTeknik Holding Corporation provides wholesale and retail telecommunications services and products worldwide. Its services include voice over Internet protocol origination and termination; A-Z routing and switching; wholesale carrier routing services; reseller billing and reporting; Web-based reseller solutions; prepaid calling card solutions; international cellular calling; and retail point of sale solutions. The company serves B2B carriers, telecom resellers, retail outlets and consumers direct through websites such as www.MyMobile011.com, www.greatminutes.com, www.AloBilady.com, www.indiaminutes.com and www.MexicoMinutes.com. iTeknik Holding Corporation was founded in 2007 and is based in Commerce, Michigan. Through its subsidiaries, iTeknik has more than 13 years of history in the telecommunications industry. For more information, please visit website www.iteknik.com and www.sendglobal.com. Safe Harbor: This document contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements. _______________________________________________________________________ Keywords: penny stocks, pennystock, penny stock, pennystocks, stock picks, micro cap stocks, small cap stocks, active investor, investing newsletter, stock advisory, low price stocks, news, breaking news, penny stock news, stock reports, To subscribe to this FREE service, visit the www.PennyStockScholar.com Stock Report home page at http://www.PennyStockScholar.com and Sign up Free For "Daily Stock Alerts". About PennyStockScholar.com www.PennyStockScholar.com is a premier source for microcap research - providing a wide range of due diligence and investment insight on stocks all over the market. PennyStockScholar.com Investment Report primary focus is to alert our valued subscribers to small cap and microcap companies poised for explosive movement in the market place. As every investor knows, timing in the market is critical! To receive our FREE comprehensive newsletter, please visit www.PennyStockScholar.com To feature your publicly traded company in our alerts, email us at: [email protected] Let PennyStockScholar.com help advertise for your company using our effective awareness campaigns. If you're Interested in telling your story, we can help. Contact us at [email protected] ((M2 Communications 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])). (c) 2011 M2 COMMUNICATIONS |