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tothe ~ i like orme ...
very annunaki when it comes to dna ...
siaf ~ nice fundamental figures ~ http://tinyurl.com/cht9q9
i wonder on the audit timing ...
downside is probable from lack of market confidence
pinks are tough on china companys due to disclosure
i use to call china yrs ago on investments with menjan
she reads and speaks fluent chinese
we had some bad experiences with bad ceo'o then
lost $30k once from $0.60 to $0.30 on a china tele stock
ceo imbezzeled all the money to germany right before 10k
made most back on a uk tele (tcll) from $0.10 to $0.30
siaf could go easy up if they are honest players
liquidity could go either way in a stalemate
updated shopping mall ... http://angelhill.us
SIAF money chart: Angel, If you are looking for a stairway to heaven small floater here it is.
hi angel...i went to the link.
is this your webbing idea?
re;
**GNLK ~ Updated GeneWize Site .....
*GeneWize ~ http://dna-gene.net
** Oil & Gas VIP Charts .....
**GNLK ~ Updated GeneWize Site .....
*GeneWize ~ http://dna-gene.net
"HAPPY 2009 NEW YEAR" to all .....
Big Ben London ~ Fireworks ......
" MERRY CHRISTMAS " to all ~ Gas Well Update .....
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http://www.jacquielawson.com/viewcard.asp?code=ER13610552
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Inregards to the WV well project ~ #msg-33946081
Gas reading after 1 mile deep in 4 differant Frac zones
Blew 67 casing holes and nitrogen fracked on Monday
Should have clear data on quality & quanity of gas soon
Got oil reading in 1 zone but blew & fracked for gas 1st
WV Gas Drilling Info ~ http://tinyurl.com/94hq8x
Roy ~ Oil & Gas Drilling Project ....
I have been on vacation from the market the last few weeks
I am working on some private business ventures .....
Here are some recent photo's ...
of a oil and gas drilling project I am working on ...
The site is in the same area ~ http://tinyurl.com/f7o37
Where the Worlds 1st oil well was drilled ...................
This rig will drill about a mile deep within a few days ...
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Oil & Gas Museum News ~ http://tinyurl.com/59mtly
Oil and natural gas were discovered in western Virginia by the first explorers in the mid-1700s. George Washington acquired 250 acres in what is now West Virginia because it contained an oil and gas spring. This was in 1771, making the father of our country the first petroleum industry speculator. A thriving commercial oil industry was in process as early as 1819 with the first major wells drilled at Petroleum, West Virginia, outside Parkersburg, early in 1859; California, West Virginia in the summer of 1859; and Burning Springs, West Virginia a year later in 1860. Natural gas was moved in wooden pipes from wells to be used as a manufacturing heat source by the Kanawha salt manufacturers as early as 1831. These events truly mark the beginnings of the oil and gas industry in the United States. With oil selling for $30.00 a barrel in 1860 and natural gushers being drilled at only 100 feet, the West Virginia oil field quickly made local millionaires. The wealth of the first oil barons was used politically in bringing about statehood for West Virginia during the Civil War. Many of the founders and early politicians were oil men - governor, senator and congressman - who had made their fortunes at Burning Springs in 1860-1861. On May 9, 1863 the important Burning Springs oil field was destroyed by Confederate raiders lead by General Jones, making it the first of many oil fields destroyed in war. After the Civil War, the industry was revived and over the next fifty years the booms spread over almost all the counties of the state. Drilling and producing of both oil and natural gas continues throughout the state to this day.
West Virginia Stakes Pioneer Claim ~ http://tinyurl.com/f7o37
By DIANE FREEMAN
Drake Well ~ http://tinyurl.com/6d2p54
As early as the 1820s, oil drilled from West Virginia wells was used as a light source and an industrial lubricant marking the first documented commercial use of oil in this country, says the author of a new history book on West Virginia's early oil and gas business. David McKain, a Parkersburg, W.Va., businessman whose great-grandfathers participated in the oil boom of the 1860s, has authored a book that challenges Col. Edwin L. Drake and his neighboring Pennsylvanian long-time claim as the birthplace of the oil business. "This is an old oil producing area," McKain said. "West Virginia was at the very forefront of the oil business - but we had the Civil War to contend with in the first five years." Where It All Began, a 400-page book with 270 pictures and maps detailing the history of the oil and gas business in West Virginia and Southeastern Ohio, contends that the oil business got its start in this area, and that Pennsylvania's illustrious Drake well was indebted to West Virginia drillers for drilling tools. In fact, McKain claims, the Drake well even used "Pure West Virginia Lubricating Oil" to lubricate its drilling machinery. He also claims in the book that many modern drilling tools were developed in West Virginia in the early 1800s. The book also focuses on the political influence that industry leaders had on the creation of the state of West Virginia in the midst of the turmoil of the Civil War. McKain said it took him about five years to write his book - and he's now working on a sequel. The book was the result of a casual investigation into the early history of the oil and gas industry. As part of his research, he and his co-author went through old newspapers from 1865 to 1913 and researched libraries and courthouse records. "I was appalled," he said, "that nobody had done anything with such an interesting story."
A Piece of History
McKain's work led to more than just a publication. While researching the book with co-author, Bernard Allen, a history professor at West Virginia University in Parkersburg, McKain also established the Oil & Gas Museum in Parkersburg. The Museum features a collection of artifacts, papers and documents from the oil and gas industry. It also has a replica of an old oilfield office. The nonprofit museum is housed in a four-story building, and the first floor is already filled up with artifacts. "We're working on the second floor now," he said. Retired petroleum geologist and AAPG member George Grow Jr. recently donated an historic oil well site at Burning Springs in Wirt County, W.Va., to the museum to help create a memorial and park recognizing Burning Springs' role as the first West Virginia oil boomtown. The well is located about 30 miles from the museum, which is in downtown Parkersburg. Grow, of Westfield, N.J., deeded the well site along with five acres of land adjacent to the museum. "They're going to try to clean it out and pump a little bit of oil," Grow said. "It hasn't been active in many years." Once it is refurbished, he said, it will be the oldest producing well in the world.
Where It All Began ?
The donated well was first drilled in June 1860 by J.C. Rathbone, using a steam engine for power. It was a natural 100-barrel-per-day gusher at only 140 feet. The well began producing just a few months after the Drake well came in, he said. Drake's well found oil in August, 1859. Grow's grandfather reassembled the Rathbone tract at the turn of the century and eventually accumulated over 1,000 acres of land there. With the discovery of oil, the small village of Burning Springs soon became a boomtown and its population grew to more than 3,000 people. "There are still a few shallow wells producing there in Burning Springs," Grow said. Grow noted that many drilling techniques were developed in the West Virginia area. The area and the Drake well were developed simultaneously, he said. He said his grandfather George Noah Grow bought the lease on the well in 1903. From then on, his family has owned the lease and acquired more property. "I've worked in the oil patch all my life, for the last 65 years," he said. Many of the artifacts in the Parkersburg museum came from Grow's property, including old engines and drilling equipment and "some Rube Goldberg pumping arrangements." "So much of the early history of the industry has been lost," he said. "Few present day geologists appreciate the evolution of the techniques." A demonstration of old pumping equipment will be featured at the site once it is established as a small park. McKain, who serves as president of the Historic Association and curator of the museum, said a volunteer will clean the donated well site. "It's been 30 or 40 years since it produced," he said.
Boom, Then Bust
McKain operates a tool company that makes oil, gas and water well drilling and fishing tools in Parkersburg, and his roots to the area are deep. His family was involved in the early oil industry in Pennsylvania. The oil boom started in Pennsylvania and West Virginia in 1859 but when the Civil War broke out in 1860, the development of the industry was halted in West Virginia, he said. "Parkersburg was put under martial law during the war," McKain said. "Everything collapsed for the duration." The Rebels later burned the Burning Springs oilfield as a military target, but it was rebuilt after the war. A well at the Burning Springs site that was drilled at the same time as Col. Drake's was rebuilt after the war and produced for many years, he said. Before the Civil War, the high quality oil found in Parkersburg was worth $20 to $30 a barrel. He likes to point out that in today's economy, that represents about $2,000 a barrel. At the start of the war, those wells in the Burning Springs field were producing from 200 to 500 barrels a day. Later they were cut back to about 50 barrels a day. The early wells were drilled down only to 100 to 139 feet - in fact, the very first wells were only 50 to 100 feet deep. About 20 years later, wells were commonly drilled down to 1,700 to 2,000 feet. McKain said that much of the big money that was made at the time came through land speculation. "However," he added, "they couldn't find oil except in the area from Burning Springs to Marietta, Ohio." "It became a major oil industry center into the 1920s and then started dying down." Today most of the oil and gas business in West Virginia is centered in Charleston while Parkersburg, which has a metropolitan population of about 100,000, has several plastics businesses. But despite West Virginia's rich petroleum heritage, local history buffs didn't take as much interest in the state's oil industry as did those in neighboring Pennsylvania. "No one paid attention to it," he said. "It's hard to go back now and unravel it." "The general view is that West Virginia's oil and gas development was an extension of the Pennsylvania field southerly in the early 1890s at Sistersville," he said, "not recognizing that oil's early development and excitement started in the Little Kanawha and Ohio Valley first, where many fortunes were made (and lost) beginning in the 1850s."
**LEH ~ History of Lehman Brothers ...
Lehman Brothers ....
http://en.wikipedia.org/wiki/Lehman_Brothers
History ~ Timeline ~ 1840-2008
http://lehman.com/who/index.htm
Mayer Lehman, 1867.
Emanuel Lehman
History of Lehman Brothers
http://www.library.hbs.edu/hc/lehman/history.html
With a special focus on recognizing the potential of promising industries and helping finance the expansion of these enterprises, Lehman Brothers has played an important part in the financial and commercial history of the United States for more than 150 years. The history of the firm offers an inside look at the emergence and growth of American industry and technology as well as the establishment of the modern corporation.
In 1844, Henry Lehman immigrated from Rimpar, Germany, to Montgomery, Alabama where he established a small shop selling groceries, dry goods, and utensils to the local cotton farmers. By 1850, his two brothers, Emanuel and Mayer, had joined him in the business, and they named it Lehman Brothers. After Henry Lehman's death in 1855 at the age of 33, the two younger brothers headed the firm for the next four decades. During their tenure, only family members—sons, brothers, and cousins—were permitted as partners. This was a policy that continued until the 1920s.
Soon after its founding, Lehman Brothers evolved from a general merchandising business to a commodities broker that bought and sold cotton for the planters living in and around Montgomery, Alabama. "King Cotton" dominated the economy of the southern United States in the 1850s. As the business grew, a brief partnership was formed with cotton merchant John Wesley Durr to build a cotton storage warehouse, enabling Lehman Brothers to engage in larger sales and trades. A New York office was opened in 1858, giving the firm a stronger presence in the commodities trading business as well as a foothold in the financial community.
With much of its operations tied to the southern economy, Lehman Brothers did not escape the hardship of the Civil War. The firm was rebuilt after the war, concentrating its operations in the New York office. In 1870, Lehman Brothers spearheaded the formation of the New York Cotton Exchange, the first commodities futures trading venture. Mayer Lehman was appointed to its first board of directors. As Lehman Brothers' commodities sales and trading business grew to include other goods, the company also helped to establish the Coffee Exchange and the Petroleum Exchange.
Because of its Southern heritage and Northern connections, Lehman Brothers was designated to be the Alabama government's fiscal agent to help sell the state's bonds in 1867. This was no simple assignment, given the credit rating of the Southern states at that time. The firm was also assigned to service the state's debts, interest payments, and other obligations, beginning a long tradition in municipal finance.
Building the Financial Firm
The rapid development of the railroads helped transform the country from an agrarian to an industrial economy in the years following the Civil War. The boom in railroad construction resulted in tremendous activity on Wall Street, as companies turned to financial markets to raise funds for expansion. Kuhn, Loeb & Co., which merged with Lehman Brothers nearly a century later, was one of the leading financial advisors and underwriters to the railroad industry. The firm was engaged in the financing of the Chicago and North Western Railroad, the Pennsylvania Railroad, the Baltimore & Ohio, and the Great Northern, along with the reorganization of the Union Pacific.
Railroad bonds were a milestone in the developing capital markets. To raise the huge amount of money needed to fund the industry's expansion, underwriters began reaching beyond their traditional sources of financing. Bonds were structured at affordable prices and sold to individual investors, bringing masses of first-time investors into the market. Noting this trend, Lehman Brothers expanded its commodities business to include the sales and trading of securities. In 1887 the firm became a member of the New York Stock Exchange, marking the evolution of Lehman Brothers from a commodities business to a merchant-banking firm. The New York office provided the presence to build a securities trading business, and Lehman Brothers aggressively pursued this area. The firm was also becoming more involved in financial advisory, which provided the foundation for developing the underwriting business in the early 1900s.
For a 20-year period beginning in 1906, Emanuel's son, Philip Lehman, and Henry Goldman, the dominant partner in the firm of Goldman, Sachs, formed an alliance to fund the emerging retail industry. The two firms jointly underwrote securities issues for some of the most famous names in the retailing industry, including Sears, Roebuck & Co.; F.W. Woolworth Co.; May Department Stores; Gimbel Brothers, Inc.; and R.H. Macy & Co.
Robert Lehman.
Robert Lehman, Philip's son, became a partner in the firm during the 1920s and quickly moved into the leadership role. Robert Lehman led the firm from 1925 until his death in 1969, a period of significant growth for the firm. His business philosophy centered on his belief that consumption, not production, would determine America's future prosperity. To that end, he steered the firm to back emerging industries geared toward mass consumption. His commitment to identifying growth industries led the firm to become active in the financing of airlines and motion picture companies as well as continuing Lehman Brothers' substantial support of the retailing industry.
Supporting Emerging Industries
Lehman Brothers was an early backer of the entertainment business, advising on the consolidation of the Keith-Albee and Orpheum theaters in the 1920s. This merger created the nation's largest vaudeville circuit, with more than 700 theaters and a seating capacity of 1.5 million. As the motion picture industry developed in the 1930s, Lehman Brothers helped fund Radio-Keith-Orpheum (RKO), Paramount Pictures, and 20th Century Fox.
The firm was also interested in the growth of the communications industry in the 1930s, underwriting the first public offering of the leading televised company at that time, Allan B. Dumont Laboratories. In addition, the firm helped fund the Radio Corporation of America (RCA).
The Depression made it difficult even for strong companies to raise capital during the 1930s. To help mediate risk and encourage investment, Lehman Brothers was one of the first firms to devise a new method of financing known as the private placement. These loans between blue-chip borrowers and private lenders included strict safeguards and restrictions for lender safety, enabling borrowers to raise needed capital and lenders to receive an appropriate return with a tolerable level of risk. Innovative at the time, the private placement is a standard financing technique today.
The first half of the twentieth century was also an era of immense expansion in the oil industry. Lehman Brothers became involved, financing Murphy Oil and the TransCanada pipeline, as well as supporting the oil service business of Halliburton and the development of Kerr-McGee's oil and gas exploration and production business.
The Electronic Age
Lab at Digital Equipment Corporation, 1983.
Economic expansion in the 1950s was driven by the arrival of electronic and computer technology. Lehman Brothers quickly sought investment opportunities in these areas, helping to launch Litton Industries as well as underwriting Digital Equipment Corporation’s first public offering.
In the 1960s the firm greatly expanded its capital markets trading capabilities, particularly in commercial paper. This led to the firm's designation as an official dealer for U.S. Treasuries. In the 1960s and 1970s, when many U.S. companies began to expand internationally, Lehman Brothers inrceased its global presence as well, opening offices in Europe and Asia. The firm’s international stature was further enhanced in 1977 through the merger with the distinguished investment bank, Kuhn, Loeb & Co.
As significant advances in electronic technology and computer science contributed to economic expansion during the 1970s, Lehman Brothers sought opportunities in applied science and technology. Among their new investments were future industry leaders such as QUALCOMM, a developer of digital wireless communication systems, and Loral Corporation, a manufacturer of defense electronics.
In the 1980s, financial advisory centered on mergers and acquisitions as major corporations moved to expand both domestically and internationally. Lehman Brothers acted as an advisor on several large U.S. and cross-border transactions, including Bendix/Allied, Chrysler/American Motors, General Foods/Philip Morris, and Genentech/Hoffman-LaRoche.
Establishing New Directions
The development of personal computers and the elements that made them user-friendly gave rise to a field of related industries in the 1980s, ranging from microprocessors to video games. The fast pace of high-tech research and development enabled tiny start-up ventures with expertise in design, programming, and engineering to become major international corporations seemingly overnight. Lehman Brothers bought into these new markets by backing companies like Intel, the company that introduced the world’s first microprocessor, raising funds to expand its business to meet the demands of the nascent personal computer market.
Advanced research techniques developed during the mid-1980s helped create a new healthcare industry—biotechnology. Lehman Brothers was very active in assisting many new companies in this industry, such as Cetus, obtain the capital base necessary to fund research and development.
In 1984, Lehman Brothers was acquired by American Express and merged with its retail brokerage Shearson to form Shearson Lehman Brothers. American Express began to divest its financial services by business lines in 1992 and eventually, in 1993, the firm was spun off and once again became known solely as Lehman Brothers. In 2000, Lehman celebrated its 150th anniversary. The company's World Trade Center offices were destroyed by the 2001 terrorist attacks, and eventually it moved into its new global headquarters in midtown Manhattan in 2002. Today, the firm continues its tradition of identifying emerging industries and supporting their expansion and growth as well as maintaining long-term relationships with industry leaders.
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**LEH ~ $639B Asset - $613B Debt = $26B Equity
$26B Equity / 695m O/S = $37.41 ps book
$19B Common Stock Equity on 5/31/08
$19B CSE / 695 O/S = $27.33 ps book
Tangible Book Value = $21.86 ps
Book Value ps should be considered liquidation value ...
LEH Chap 11 ~ http://tinyurl.com/583df5
LEH Financials ~ http://tinyurl.com/6qfry6
LEH 10Q ~ 5/31/08 ~ http://tinyurl.com/5f7hu7
** RPDM ~ Amazon 5 Star Rating **
Steve Bonenberger's novel "Through Gates of Fire"
Amazon Review ~ http://tinyurl.com/68w682
***** 5 Stars ~ Exceptional!, January 1, 2008
By Shirley Priscilla Johnson "Author/Reviewer -... (USA)
This review is from: Hovering Presence (Through Gates of Fire Series #2) (Paperback) Outstanding! That is the word that I simply must use to describe this book. It grabbed me from the first page and would not let go. We meet Dr. Flash Bastion and we are thrust into his life of torment and sorrow. He was the former Senior Pastor of the largest church in the nation, until he fell. Flash's wife has left him, and taken his three-year old daughter with him. He is in a spiritual battle within himself and his God. Flash tries to kill himself, but is saved by God and through God's grace is reinstated again as Pastor, given his family back, and called to fight an evil that is destroying mankind.
What a ride! What a read!
Our author did an excellent job in writing this book. His descriptions of all the characters, their thoughts, their looks, their actions, brought the read to total reality in the mind's eye. Each local was carefully grafted, clear and concise. At times dark and chilling. At others, warm and inviting. Good job! The pace quick, the story building, as each piece fitted together - each player taking their part, ending with a real cliff-hanger. Excellent. I savored every word of this read.I have to say, "I loved this book," and am very proud to give it my highest recommendation. Don't you miss this one.
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News Archive ~ http://tinyurl.com/689gov
Rapid Fire Marketing
Signs Agreement With Prominent Author
Published: 10/30/07 03:09 PM EDT
NewsvineCommentCARLSBAD, Calif., Oct. 30 /PRNewswire-FirstCall/ -- Rapid Fire Marketing, RPDM announces the signing of a Marketing Agreement with Steve Bonenberger, author of "Through Gates of Fire" trilogy series. The Agreement provides RPDM $120,000 over a 12 month period, as well as 25% of gross sales generated from The Company's efforts.
"Through Gates of Fire" is a fictional Christian novel written in a three part series. The books have received overwhelming response, as they are based on events to take place in the end times as described in The Bible. The story revolves around a fictional character that has received incredible grace and blessings in his life, due to the "moral bank account" saved up by his parents before him.
The trilogy is now being marketed both retail and through Rapid Fire Marketing's http://rf2020.com . RPDM will also receive 25% of the gross sales generated through The Company's efforts.
Rapid Fire Marketing specializes in email and internet marketing. In addition to providing exceptional marketing services, The Company uses its E-Commerce website to feature client's products being sold to the public. Rapid Fire generates revenue from the marketing services provided as well as from profit sharing agreements with client companies. This provides enormous upside to The Company when the sales of a specific product reach a mass audience
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Rapid Fire Marketing
Expands Sales Force to Launch New Marketing Program
Tuesday July 15, 9:00 am ET
CARLSBAD, Calif., July 15 /PRNewswire-FirstCall/ -- Rapid Fire Marketing (Pink Sheets: RPDM - News), has expanded its sales force in an effort to increase sales for The Company's comprehensive marketing program. Rapid Fire Marketing has combined its array of services into one cost-effective package that is offered and available to businesses of all sizes. The small business marketing package includes the following on an annual basis for $16,000:
1) 12 million opt-in emails sent and delivered
2) 48 radio interviews aired nationally on BTRN
3) Podcast of all interviews made available for client's site
4) 10 postings on International websites with offer
5) Captured email addresses from respondents
6) Database creation for continued marketing by client
Rapid Fire Marketing has created this program to be affordable to the average small business owner, which provides comprehensive marketing coverage at a reasonable price. The Company expects an immediate increase in revenue and earnings to the bottom line from the launch of this new program. RPDM continues to operate with zero debt!
Rapid Fire Marketing
760-434-9300
http://www.rf2020.com
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Rapid Fire Marketing
Signs Agreement for $100,000 Plus 25% of Sales
Published: 10/03/07 01:03 PM EDT
CARLSBAD, Calif., Oct. 3 /PRNewswire/ -- Rapid Fire Marketing, (RPDM) announces the signing of a Marketing Agreement with "America's Greatest Mothers" publishing group. The Agreement provides RPDM $100,000 over a 12 month period, as well as 25% of gross sales generated from The Company's efforts. The Publication anticipates revenue from sales to exceed $800,000 annually.
America's Greatest Mothers ~ http://tinyurl.com/69jfol
America's Greatest Mothers is a directory that provides a profile and story describing the love and sacrifices made by each mother in the publication. The stories are written by the children or family members paying for the listing of their mother in the directory. The publication charges $299 for each listing, of which Rapid Fire Marketing will receive 25%.
Rapid Fire Marketing specializes in email and internet marketing. In addition to providing exceptional marketing services, The Company uses its E-Commerce website to feature client's products being sold to the public. Rapid Fire generates revenue from the marketing services provided as well as from profit sharing agreements with client companies. This provides enormous upside to The Company when the sales of a specific product reach a mass audience.
** RPDM ~ DD ~ Charts **
~ http://rf2020.com
Rapid Fire Marketing ~ RPDM ~ #board-9844
Company Information ~ http://tinyurl.com/6z5noz
Brent Fouch purchased 17,573,566 shares on 5/20/07 for $190k (.0108 per share) and inregards gained 50.001% controling interest in N-Vision Tech which therefore did a 1/100 R/S on 6/01/07 and merged name changed to Rapid Fire Marketing (RPDM) with its now common share structure of ...
A/S ~ 500m ..... NV SOS ~ http://tinyurl.com/5cq4sj
O/S ~ 133m ..... verified ~ 09/05/08 ... 11:50 am
500m Authorized ~ Par Value = .001
T/A ~ Pacwest Transfer .... 509-926-2330
T/A stated share structure has not changed in over a month ..
Insider Ownership ..... issued 08/01/07
CEO ~ Steven Bonenberger .... 40m
CFO ~ Brent Fouch ................ 40.176m
Kerry Driscol .......................... 20m
Stock Equity ~ 116m O/S ~ 12/31/07 ~ http://tinyurl.com/5sogab
Angel Acquisition Corp. ( AGEL ) ~ http://angelacquisitions.com/management
Palomar Enterprises Changes Name to Angel Acquisition Corp.
Mon Apr 28, 2008 9:01am EDT
CARLSBAD, Calif., April 28 /PRNewswire-FirstCall/ -- Palomar Enterprises, Inc. announces The Company's name change to "Angel Acquisition Corp." (OTC Bulletin Board: AGEL) to better reflect The Company's business model going forward. The Palomar Group will continue to operate its real estate development and brokerage firm division, with The Company's emphasis being placed on acquiring profitable private companies seeking to go public.
Angel Acquisition Corp. (AGEL) is a diversified company that acquires profitable businesses in a variety of sectors and industries, for the purpose of developing and spinning off each successful venture as a publicly traded company. Shareholders will receive a stock dividend in each portfolio company that is spun-off. Angel Acquisition Corp. obtains a majority interest in each business it acquires, creating several subsidiaries that consolidate financials on AGEL's balance sheet. Through these acquisitions, AGEL has the ability to experience aggressive growth with diversified holdings in several industry sectors.
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Rapid Fire Marketing to Become Fully Reporting
Date : 08/26/2008 @ 1:32PM
CARLSBAD, Calif., Aug. 26 /PRNewswire-FirstCall/ -- Rapid Fire Marketing, (Pink Sheets: RPDM) announced today that the Company has decided to become fully reporting and make application to trade on the OTC Bulletin Board. In an effort to provide timely, accurate financial information on The Company to its shareholders, Rapid Fire Marketing will pursue the requirements needed to have their financials audited and begin the process to trade on the OTC Bulletin Board. Upon guidance from The Company's counsel and accounting firm, The Board of Directors will formally bring this matter to vote at the next board meeting.
About Rapid Fire Marketing
Rapid Fire Marketing specializes in email and internet marketing. In addition to providing exceptional marketing services, The Company uses its E-Commerce website to feature client's products being sold to the public. Rapid Fire generates revenue from the marketing services provided as well as from profit sharing agreements with client companies. This provides enormous upside to The Company when the sales of a specific product reach a mass audience.
RPDM News Achive ~ http://tinyurl.com/6q66e4
is this the prototype shown on fox t.v and cnn?????
re;
** Machine to Clean up Greenhouse CO2 Gas **
Prototype, being built at a laboratory in Tucson, AZ
by a company called Global Research Technologies.
http://www.grtaircapture.com
answer;
is this a private company?????
Machine to clean up greenhouse gas
is breakthrough in war on global warming, say scientists
2:53 PM on 31st May 2008
Scientists say they have invented a machine that can suck carbon dioxide out of the air – potentially creating a vital weapon in the war against global warming. The blueprint for the CO2 'scrubber' raises the prospect of a generation of machines which would help reduce the billions of tonnes of greenhouse gases being pumped into the atmosphere by the use of fossil fuels. The team of US scientists now plans to build a prototype which would capture one tonne of CO2 from the air every day. Though the idea is considered a holy grail in the battle against climate change – and Sir Richard Branson has put up £12.6 million for anyone who makes it a reality – the machines would fall far short of a quick fix. The prototype, being built at a laboratory in Tucson, Arizona, by a company called Global Research Technologies, will cost about £100,000 and take about two years to construct. The devices – each nearly the size of a shipping container - would have to be produced in their millions to soak up human carbon emissions.
Inventor: US physicist Klaus Lackner says his machine offers more hope than attempts to cut down carbon emissions. The idea is bound to be controversial, with environmentalists seeing so-called technological solutions to global warming as undermining attempts to promote greener lifestyles and industries. But physicist Klaus Lackner, who led the U.S. team behind the invention, said the CO2 scrubber offered more hope than current efforts to cut carbon emissions by reducing fossil fuel use. ' I'd rather have a technology that allows us to use fossil fuels without destroying the planet, because people are going to use them anyway,' he said. Scientists say it is not difficult to remove carbon dioxide from the atmosphere by absorbing it in various chemical filters. But the problem has been how to clean those filters of CO2 so they can then be reused to carry on the job. Professor Lackner, of New York's Columbia University, says the solution lies in a newly discovered property of absorbent plastic sheets known as 'ion exchange membranes' which are routinely used to purify water. It turns out that humid air can make these membranes 'exhale' the CO2 they have trapped – leaving them clean and ready to absorb another load. The Lackner team says the captured carbon dioxide could then be pumped into greenhouses to boost plant growth.
http://www.dailymail.co.uk/sciencetech/article-1023315/Machine-clean-greenhouse-gas-breakthrough-war-global-warming-say-scientists.html
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Environmentalists Oppose New CO2 Scrubber Idea
Written By: Krystle Russin
Published In: Environment & Climate News
Publication Date: August 1, 2008
Publisher: The Heartland Institute
Scientists at Columbia University are developing a carbon dioxide (CO2) scrubber device that removes one ton of CO2 from the air every day. While some see the scrubber as an efficient and economical way to reduce atmospheric carbon dioxide, many environmentalists are opposing the technology because it allows people to use fossil fuels and emit carbon in the first place.
Mitigates Fossil Fuel Effects
Columbia University physicist Klaus Lackner, who is leading the research team, believes producing a large number of CO2 scrubbers can keep to a minimum any rise in atmospheric CO2 without the economically painful elimination of inexpensive energy sources. "I'd rather have a technology that allows us to use fossil fuels without destroying the planet, because people are going to use them anyway," Lackner told the June 1 London Telegraph.
Activists Target Coal
Environmental activist groups such as Greenpeace have consistently opposed similar technologies, such as carbon capture and sequestration, because they do not address what they see as the root of the problem. On May 5, for example, the activist groups Students Promoting Environmental Action and Save Our Cumberland Mountains demonstrated in Knoxville, Tennessee against carbon sequestration. Repeatedly citing a Greenpeace position paper, they argued eliminating the use of coal, not reducing atmospheric CO2, should be society's primary goal. "Our position is we need to start phasing out coal as soon as possible," said Cathie Bird of Save Our Cumberland Mountains. "Carbon capture and storage does not make coal clean," read a banner hoisted by protesters.
Reveals Activists' Real Motives
Leading energy analysts agreed with the scientists, rather than the protesters. "If CO2 emission reduction is a goal, then investigating and investing in strategies for capitalizing on our existing infrastructure efficiently and effectively makes more sense than throwing away reasonable options simply because they don't align with a political philosophy about our energy economy," said Amy Kaleita, an environmental policy fellow at the Pacific Research Institute. "This is just one more piece of evidence that environmentalists aren't concerned about solving a problem," said Sterling Burnett, a senior fellow at the National Center for Policy Analysis. "Every problem, as they see it, is one way to restrict people's lifestyles, and if you come up with a technological fix that can solve a problem but doesn't require sacrifice and lets us go about our business the way we were before, they're not happy about it, even if it solves the problem. "Now, I don't know about whether this technology will solve global warming," said Burnett, "but let's say it is cost-effective, and let's assume for the sake of argument that global warming is a real, serious problem that needs to be solved. Then I would argue that this technology may be a good thing."
Ultimate Goal at Issue
"I think the question is, what is the objective?" asked Erin Baker, an assistant professor at the University of Massachusetts at Amherst, in an interview for this article. "For me, the objective is reducing the harmful effects of climate change. It is going to be extremely challenging to reduce CO2 levels to the point where we can stabilize the stock of greenhouse gases in the atmosphere at, say, 550 ppm (parts per million), and this is only a mild goal. "Most environmentalists would like to see a much more stringent goal," Baker added. "If we want to have a reasonable chance of achieving this goal, then we need to consider a portfolio of technologies in order to achieve this. This means keeping CCS (carbon capture and storage), nuclear, and biofuels, for instance, on the table. "If we have some kind of major breakthrough in solar technologies and electricity storage technologies, then we won't need to rely so heavily on these other technologies. But if we don't have any breakthroughs and we refuse to use our full arsenal, we will most likely fail to combat climate change and cause economic hardships, especially for the most vulnerable. "I am not necessarily advocating a full-scale implementation of any of these technologies, but rather that we continue to [research and develop] a wide range of technologies, and not flat-out reject any possibilities," Baker said.
http://www.heartland.org/Article.cfm?artId=23547
Caspermick
"TOUGH TIMES NEVER LAST BUT TOUGH PEOPLE DO."
God Bless America
In Gambling,,,Playing Card Games. Ya Never Know What The Next Hand Will Look Like.
Ten Bagger Potential Stock
one, a few words "why to talk to europe who didn't support us?????"
spain did but got train stations blown up.
only one i trust in middle east is israel.
jmho
Caspermick
"TOUGH TIMES NEVER LAST BUT TOUGH PEOPLE DO."
God Bless America
In Gambling,,,Playing Card Games. Ya Never Know What The Next Hand Will Look Like.
Ten Bagger Potential Stock
** Machine to Clean up Greenhouse CO2 Gas **
Prototype, being built at a laboratory in Tucson, AZ
by a company called Global Research Technologies.
http://www.grtaircapture.com
Machine to clean up greenhouse gas
is breakthrough in war on global warming, say scientists
2:53 PM on 31st May 2008
Scientists say they have invented a machine that can suck carbon dioxide out of the air – potentially creating a vital weapon in the war against global warming. The blueprint for the CO2 'scrubber' raises the prospect of a generation of machines which would help reduce the billions of tonnes of greenhouse gases being pumped into the atmosphere by the use of fossil fuels. The team of US scientists now plans to build a prototype which would capture one tonne of CO2 from the air every day. Though the idea is considered a holy grail in the battle against climate change – and Sir Richard Branson has put up £12.6 million for anyone who makes it a reality – the machines would fall far short of a quick fix. The prototype, being built at a laboratory in Tucson, Arizona, by a company called Global Research Technologies, will cost about £100,000 and take about two years to construct. The devices – each nearly the size of a shipping container - would have to be produced in their millions to soak up human carbon emissions.
Inventor: US physicist Klaus Lackner says his machine offers more hope than attempts to cut down carbon emissions. The idea is bound to be controversial, with environmentalists seeing so-called technological solutions to global warming as undermining attempts to promote greener lifestyles and industries. But physicist Klaus Lackner, who led the U.S. team behind the invention, said the CO2 scrubber offered more hope than current efforts to cut carbon emissions by reducing fossil fuel use. ' I'd rather have a technology that allows us to use fossil fuels without destroying the planet, because people are going to use them anyway,' he said. Scientists say it is not difficult to remove carbon dioxide from the atmosphere by absorbing it in various chemical filters. But the problem has been how to clean those filters of CO2 so they can then be reused to carry on the job. Professor Lackner, of New York's Columbia University, says the solution lies in a newly discovered property of absorbent plastic sheets known as 'ion exchange membranes' which are routinely used to purify water. It turns out that humid air can make these membranes 'exhale' the CO2 they have trapped – leaving them clean and ready to absorb another load. The Lackner team says the captured carbon dioxide could then be pumped into greenhouses to boost plant growth.
http://www.dailymail.co.uk/sciencetech/article-1023315/Machine-clean-greenhouse-gas-breakthrough-war-global-warming-say-scientists.html
**************************************************************
Environmentalists Oppose New CO2 Scrubber Idea
Written By: Krystle Russin
Published In: Environment & Climate News
Publication Date: August 1, 2008
Publisher: The Heartland Institute
Scientists at Columbia University are developing a carbon dioxide (CO2) scrubber device that removes one ton of CO2 from the air every day. While some see the scrubber as an efficient and economical way to reduce atmospheric carbon dioxide, many environmentalists are opposing the technology because it allows people to use fossil fuels and emit carbon in the first place.
Mitigates Fossil Fuel Effects
Columbia University physicist Klaus Lackner, who is leading the research team, believes producing a large number of CO2 scrubbers can keep to a minimum any rise in atmospheric CO2 without the economically painful elimination of inexpensive energy sources. "I'd rather have a technology that allows us to use fossil fuels without destroying the planet, because people are going to use them anyway," Lackner told the June 1 London Telegraph.
Activists Target Coal
Environmental activist groups such as Greenpeace have consistently opposed similar technologies, such as carbon capture and sequestration, because they do not address what they see as the root of the problem. On May 5, for example, the activist groups Students Promoting Environmental Action and Save Our Cumberland Mountains demonstrated in Knoxville, Tennessee against carbon sequestration. Repeatedly citing a Greenpeace position paper, they argued eliminating the use of coal, not reducing atmospheric CO2, should be society's primary goal. "Our position is we need to start phasing out coal as soon as possible," said Cathie Bird of Save Our Cumberland Mountains. "Carbon capture and storage does not make coal clean," read a banner hoisted by protesters.
Reveals Activists' Real Motives
Leading energy analysts agreed with the scientists, rather than the protesters. "If CO2 emission reduction is a goal, then investigating and investing in strategies for capitalizing on our existing infrastructure efficiently and effectively makes more sense than throwing away reasonable options simply because they don't align with a political philosophy about our energy economy," said Amy Kaleita, an environmental policy fellow at the Pacific Research Institute. "This is just one more piece of evidence that environmentalists aren't concerned about solving a problem," said Sterling Burnett, a senior fellow at the National Center for Policy Analysis. "Every problem, as they see it, is one way to restrict people's lifestyles, and if you come up with a technological fix that can solve a problem but doesn't require sacrifice and lets us go about our business the way we were before, they're not happy about it, even if it solves the problem. "Now, I don't know about whether this technology will solve global warming," said Burnett, "but let's say it is cost-effective, and let's assume for the sake of argument that global warming is a real, serious problem that needs to be solved. Then I would argue that this technology may be a good thing."
Ultimate Goal at Issue
"I think the question is, what is the objective?" asked Erin Baker, an assistant professor at the University of Massachusetts at Amherst, in an interview for this article. "For me, the objective is reducing the harmful effects of climate change. It is going to be extremely challenging to reduce CO2 levels to the point where we can stabilize the stock of greenhouse gases in the atmosphere at, say, 550 ppm (parts per million), and this is only a mild goal. "Most environmentalists would like to see a much more stringent goal," Baker added. "If we want to have a reasonable chance of achieving this goal, then we need to consider a portfolio of technologies in order to achieve this. This means keeping CCS (carbon capture and storage), nuclear, and biofuels, for instance, on the table. "If we have some kind of major breakthrough in solar technologies and electricity storage technologies, then we won't need to rely so heavily on these other technologies. But if we don't have any breakthroughs and we refuse to use our full arsenal, we will most likely fail to combat climate change and cause economic hardships, especially for the most vulnerable. "I am not necessarily advocating a full-scale implementation of any of these technologies, but rather that we continue to [research and develop] a wide range of technologies, and not flat-out reject any possibilities," Baker said.
http://www.heartland.org/Article.cfm?artId=23547
Barack Obama's Speech in Berlin ....
"A World That Stands as One"
http://youtube.com/watch?v=2llrIl72NVc
As Prepared For Delivery
Berlin, Germany
July 24th, 2008
Thank you to the citizens of Berlin and to the people of Germany. Let me thank Chancellor Merkel and Foreign Minister Steinmeier for welcoming me earlier today. Thank you Mayor Wowereit, the Berlin Senate, the police, and most of all thank you for this welcome.
I come to Berlin as so many of my countrymen have come before. Tonight, I speak to you not as a candidate for President, but as a citizen – a proud citizen of the United States, and a fellow citizen of the world.
I know that I don’t look like the Americans who’ve previously spoken in this great city. The journey that led me here is improbable. My mother was born in the heartland of America, but my father grew up herding goats in Kenya. His father – my grandfather – was a cook, a domestic servant to the British.
At the height of the Cold War, my father decided, like so many others in the forgotten corners of the world, that his yearning – his dream – required the freedom and opportunity promised by the West. And so he wrote letter after letter to universities all across America until somebody, somewhere answered his prayer for a better life.
That is why I’m here. And you are here because you too know that yearning. This city, of all cities, knows the dream of freedom. And you know that the only reason we stand here tonight is because men and women from both of our nations came together to work, and struggle, and sacrifice for that better life.
Ours is a partnership that truly began sixty years ago this summer, on the day when the first American plane touched down at Templehof.
On that day, much of this continent still lay in ruin. The rubble of this city had yet to be built into a wall. The Soviet shadow had swept across Eastern Europe, while in the West, America, Britain, and France took stock of their losses, and pondered how the world might be remade.
This is where the two sides met. And on the twenty-fourth of June, 1948, the Communists chose to blockade the western part of the city. They cut off food and supplies to more than two million Germans in an effort to extinguish the last flame of freedom in Berlin.
The size of our forces was no match for the much larger Soviet Army. And yet retreat would have allowed Communism to march across Europe. Where the last war had ended, another World War could have easily begun. All that stood in the way was Berlin.
And that’s when the airlift began – when the largest and most unlikely rescue in history brought food and hope to the people of this city.
The odds were stacked against success. In the winter, a heavy fog filled the sky above, and many planes were forced to turn back without dropping off the needed supplies. The streets where we stand were filled with hungry families who had no comfort from the cold.
But in the darkest hours, the people of Berlin kept the flame of hope burning. The people of Berlin refused to give up. And on one fall day, hundreds of thousands of Berliners came here, to the Tiergarten, and heard the city’s mayor implore the world not to give up on freedom. “There is only one possibility,” he said. “For us to stand together united until this battle is won…The people of Berlin have spoken. We have done our duty, and we will keep on doing our duty. People of the world: now do your duty…People of the world, look at Berlin!”
People of the world – look at Berlin!
Look at Berlin, where Germans and Americans learned to work together and trust each other less than three years after facing each other on the field of battle.
Look at Berlin, where the determination of a people met the generosity of the Marshall Plan and created a German miracle; where a victory over tyranny gave rise to NATO, the greatest alliance ever formed to defend our common security.
Look at Berlin, where the bullet holes in the buildings and the somber stones and pillars near the Brandenburg Gate insist that we never forget our common humanity.
People of the world – look at Berlin, where a wall came down, a continent came together, and history proved that there is no challenge too great for a world that stands as one.
Sixty years after the airlift, we are called upon again. History has led us to a new crossroad, with new promise and new peril. When you, the German people, tore down that wall – a wall that divided East and West; freedom and tyranny; fear and hope – walls came tumbling down around the world. From Kiev to Cape Town, prison camps were closed, and the doors of democracy were opened. Markets opened too, and the spread of information and technology reduced barriers to opportunity and prosperity. While the 20th century taught us that we share a common destiny, the 21st has revealed a world more intertwined than at any time in human history.
The fall of the Berlin Wall brought new hope. But that very closeness has given rise to new dangers – dangers that cannot be contained within the borders of a country or by the distance of an ocean.
The terrorists of September 11th plotted in Hamburg and trained in Kandahar and Karachi before killing thousands from all over the globe on American soil.
As we speak, cars in Boston and factories in Beijing are melting the ice caps in the Arctic, shrinking coastlines in the Atlantic, and bringing drought to farms from Kansas to Kenya.
Poorly secured nuclear material in the former Soviet Union, or secrets from a scientist in Pakistan could help build a bomb that detonates in Paris. The poppies in Afghanistan become the heroin in Berlin. The poverty and violence in Somalia breeds the terror of tomorrow. The genocide in Darfur shames the conscience of us all.
In this new world, such dangerous currents have swept along faster than our efforts to contain them. That is why we cannot afford to be divided. No one nation, no matter how large or powerful, can defeat such challenges alone. None of us can deny these threats, or escape responsibility in meeting them. Yet, in the absence of Soviet tanks and a terrible wall, it has become easy to forget this truth. And if we’re honest with each other, we know that sometimes, on both sides of the Atlantic, we have drifted apart, and forgotten our shared destiny.
In Europe, the view that America is part of what has gone wrong in our world, rather than a force to help make it right, has become all too common. In America, there are voices that deride and deny the importance of Europe’s role in our security and our future. Both views miss the truth – that Europeans today are bearing new burdens and taking more responsibility in critical parts of the world; and that just as American bases built in the last century still help to defend the security of this continent, so does our country still sacrifice greatly for freedom around the globe.
Yes, there have been differences between America and Europe. No doubt, there will be differences in the future. But the burdens of global citizenship continue to bind us together. A change of leadership in Washington will not lift this burden. In this new century, Americans and Europeans alike will be required to do more – not less. Partnership and cooperation among nations is not a choice; it is the one way, the only way, to protect our common security and advance our common humanity.
That is why the greatest danger of all is to allow new walls to divide us from one another. The walls between old allies on either side of the Atlantic cannot stand. The walls between the countries with the most and those with the least cannot stand. The walls between races and tribes; natives and immigrants; Christian and Muslim and Jew cannot stand. These now are the walls we must tear down.
We know they have fallen before. After centuries of strife, the people of Europe have formed a Union of promise and prosperity. Here, at the base of a column built to mark victory in war, we meet in the center of a Europe at peace. Not only have walls come down in Berlin, but they have come down in Belfast, where Protestant and Catholic found a way to live together; in the Balkans, where our Atlantic alliance ended wars and brought savage war criminals to justice; and in South Africa, where the struggle of a courageous people defeated apartheid.
So history reminds us that walls can be torn down. But the task is never easy. True partnership and true progress requires constant work and sustained sacrifice. They require sharing the burdens of development and diplomacy; of progress and peace. They require allies who will listen to each other, learn from each other and, most of all, trust each other.
That is why America cannot turn inward. That is why Europe cannot turn inward. America has no better partner than Europe. Now is the time to build new bridges across the globe as strong as the one that bound us across the Atlantic. Now is the time to join together, through constant cooperation, strong institutions, shared sacrifice, and a global commitment to progress, to meet the challenges of the 21st century. It was this spirit that led airlift planes to appear in the sky above our heads, and people to assemble where we stand today. And this is the moment when our nations – and all nations – must summon that spirit anew.
This is the moment when we must defeat terror and dry up the well of extremism that supports it. This threat is real and we cannot shrink from our responsibility to combat it. If we could create NATO to face down the Soviet Union, we can join in a new and global partnership to dismantle the networks that have struck in Madrid and Amman; in London and Bali; in Washington and New York. If we could win a battle of ideas against the communists, we can stand with the vast majority of Muslims who reject the extremism that leads to hate instead of hope.
This is the moment when we must renew our resolve to rout the terrorists who threaten our security in Afghanistan, and the traffickers who sell drugs on your streets. No one welcomes war. I recognize the enormous difficulties in Afghanistan. But my country and yours have a stake in seeing that NATO’s first mission beyond Europe’s borders is a success. For the people of Afghanistan, and for our shared security, the work must be done. America cannot do this alone. The Afghan people need our troops and your troops; our support and your support to defeat the Taliban and al Qaeda, to develop their economy, and to help them rebuild their nation. We have too much at stake to turn back now.
This is the moment when we must renew the goal of a world without nuclear weapons. The two superpowers that faced each other across the wall of this city came too close too often to destroying all we have built and all that we love. With that wall gone, we need not stand idly by and watch the further spread of the deadly atom. It is time to secure all loose nuclear materials; to stop the spread of nuclear weapons; and to reduce the arsenals from another era. This is the moment to begin the work of seeking the peace of a world without nuclear weapons.
This is the moment when every nation in Europe must have the chance to choose its own tomorrow free from the shadows of yesterday. In this century, we need a strong European Union that deepens the security and prosperity of this continent, while extending a hand abroad. In this century – in this city of all cities – we must reject the Cold War mind-set of the past, and resolve to work with Russia when we can, to stand up for our values when we must, and to seek a partnership that extends across this entire continent.
This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many. Together, we must forge trade that truly rewards the work that creates wealth, with meaningful protections for our people and our planet. This is the moment for trade that is free and fair for all.
This is the moment we must help answer the call for a new dawn in the Middle East. My country must stand with yours and with Europe in sending a direct message to Iran that it must abandon its nuclear ambitions. We must support the Lebanese who have marched and bled for democracy, and the Israelis and Palestinians who seek a secure and lasting peace. And despite past differences, this is the moment when the world should support the millions of Iraqis who seek to rebuild their lives, even as we pass responsibility to the Iraqi government and finally bring this war to a close.
This is the moment when we must come together to save this planet. Let us resolve that we will not leave our children a world where the oceans rise and famine spreads and terrible storms devastate our lands. Let us resolve that all nations – including my own – will act with the same seriousness of purpose as has your nation, and reduce the carbon we send into our atmosphere. This is the moment to give our children back their future. This is the moment to stand as one.
And this is the moment when we must give hope to those left behind in a globalized world. We must remember that the Cold War born in this city was not a battle for land or treasure. Sixty years ago, the planes that flew over Berlin did not drop bombs; instead they delivered food, and coal, and candy to grateful children. And in that show of solidarity, those pilots won more than a military victory. They won hearts and minds; love and loyalty and trust – not just from the people in this city, but from all those who heard the story of what they did here.
Now the world will watch and remember what we do here – what we do with this moment. Will we extend our hand to the people in the forgotten corners of this world who yearn for lives marked by dignity and opportunity; by security and justice? Will we lift the child in Bangladesh from poverty, shelter the refugee in Chad, and banish the scourge of AIDS in our time?
Will we stand for the human rights of the dissident in Burma, the blogger in Iran, or the voter in Zimbabwe? Will we give meaning to the words “never again” in Darfur?
Will we acknowledge that there is no more powerful example than the one each of our nations projects to the world? Will we reject torture and stand for the rule of law? Will we welcome immigrants from different lands, and shun discrimination against those who don’t look like us or worship like we do, and keep the promise of equality and opportunity for all of our people?
People of Berlin – people of the world – this is our moment. This is our time.
I know my country has not perfected itself. At times, we’ve struggled to keep the promise of liberty and equality for all of our people. We’ve made our share of mistakes, and there are times when our actions around the world have not lived up to our best intentions.
But I also know how much I love America. I know that for more than two centuries, we have strived – at great cost and great sacrifice – to form a more perfect union; to seek, with other nations, a more hopeful world. Our allegiance has never been to any particular tribe or kingdom – indeed, every language is spoken in our country; every culture has left its imprint on ours; every point of view is expressed in our public squares. What has always united us – what has always driven our people; what drew my father to America’s shores – is a set of ideals that speak to aspirations shared by all people: that we can live free from fear and free from want; that we can speak our minds and assemble with whomever we choose and worship as we please.
These are the aspirations that joined the fates of all nations in this city. These aspirations are bigger than anything that drives us apart. It is because of these aspirations that the airlift began. It is because of these aspirations that all free people – everywhere – became citizens of Berlin. It is in pursuit of these aspirations that a new generation – our generation – must make our mark on the world.
People of Berlin – and people of the world – the scale of our challenge is great. The road ahead will be long. But I come before you to say that we are heirs to a struggle for freedom. We are a people of improbable hope. With an eye toward the future, with resolve in our hearts, let us remember this history, and answer our destiny, and remake the world once again.
HGLC ~ ** DD ~ Corporate Update ......
Great West Gold ( GWGO ) - Completion of Acquisition
Changes name to Fortress Financial Group ( FFGO )
03/05/2007 18:17:00 .... bottom of page
************************************************************
Hunt Gold Corp ~ Fl SOS ~ http://tinyurl.com/6fv4k6
11/08/07 ~ 1.5B A/S ... CEO Johnny Arnold
01/02/08 ~ Bezzano & Santini appointed Directors
04/15/08 ~ 100B A/S amendment ... Sec Santini
06/10/08 ~ 300B A/S amendment ... Sec Santini
Hunt Gold Corporation - Corporate Update
2007-12-17 20:58:37 -
- Hunt Gold Corporation Peter J Bezzano, 954-840-6956 investor@huntgoldcorp.com Hunt Gold Corporation (PINKSHEETS: HGLC), formerly Prime Time Group, Inc. confirms that confirms its Transfer Agent has now commenced the process of issuing Hunt Gold Corporation shares of Common Stock to all stockholders of Sentinel Resource Holdings plc, Ambassador Gold Holdings plc and Golden Eagle Mining Holdings plc; being the three Gold Mining & Exploration companies acquired by Hunt Gold Corporation.
Hunt Gold Corporation effected a "Reverse Split" of its outstanding stock on a 3,000 for 1 basis, effective Friday November 30, 2007. The outstanding shares of Hunt Gold Corporation are 138,147 outstanding shares of its Common Stock. An amount of 58,616 of these outstanding shares are "free trading" and not restricted. Following this acquisition, an amount of 990 million restricted shares of Hunt Gold Corporation Common Stock will be issued.
Stockholders in Hunt Gold Corporation, following these acquisitions, who are not "Insiders" or "Affiliates", may apply to the Transfer Agent to have the restrictive legends removed (as from January 4, 2008) from their Hunt Gold Corporation Stock Certificates; as they have held their stock in Sentinel Resource Holdings plc, Ambassador Gold Holdings plc and in Golden Eagle Mining Resources plc, for a period of two years.
This applies only, to stockholders of Fortress Financial Group, Inc. (PINKSHEETS: FFGO) (formerly Great West Gold, Inc.) who received their stockholdings in Hunt Gold Corporation, through Stock Dividends (in Sentinel Resource Holdings plc, Ambassador Gold Holdings plc and in Golden Eagle Mining Resources plc) distributed to Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) stockholders in November, 2005 and in January, 2006.
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has received an amount of 483,750,099 shares of Hunt Gold Corporation Common Stock, representing 48% of the outstanding stock in Hunt Gold Corporation.
The amount of 407,250,000 shares of Hunt Gold Corporation Common Stock, representing 41% of the outstanding shares in Hunt Gold Corporation are being issued, by the Transfer Agent to Hunt Gold Corporation; to Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) eligible stockholders.
Stockholders may request information on their stockholdings in Hunt Gold Corporation, in writing, to:- -0- Action Stock Transfer Corp 7069 S. Highland Drive Suite 300 Salt Lake City UT 84121 Fax: (801) 274-1099
The Company's new Mailing Address and Contact Details are as follows:- -0- Hunt Gold Corporation 1903 60th Place E. Suite M9042 Bradenton Florida 34203 Telephone: (954) 840-6956
The Directors of Hunt Gold Corporation (formerly Prime Time Group, Inc.) have resigned with immediate effect, following the acquisitions of these three Gold Mining & Exploration companies. As announced, Fortress Financial Group, Inc. has appointed representatives, on an interim basis, to constitute the Board of Directors of Hunt Gold Corporation. This to implement and complete all "Non Mining" and "Corporate" transactions required in and during this month, being the transition period for Hunt Gold Corporation. Mr Peter J Bezzano, the Chairman for Fortress Financial Group, Inc. has assumed the role of Chairman of Hunt Gold Corporation, in the interim.
Peter J Bezzano, age 40, is a United Kingdom qualified and admitted solicitor who completed his academic law training at Oxford. He has extensive commercial experience gained working for high profile commercial clients while working for City of London commercial law practices. Mr. Bezzano has previously played a pivotal role in large scale land acquisition and development programs, working with both local and national governmental agencies and departments and major well known high profile PLCs. In 2005, Mr. Bezzano left private practice to devote more time to the St James Group of companies and during this period, he has risen to the position of Chief Counsel to the entire group. Peter is now practising Law with a substantial firm of Solicitors in Dubai, focusing on very large property transactions. Previously Peter has advised and acted for overseas government departments active in the tourism sector. Peter has extensive experience in the purchase and sale of large companies gained primarily in the real estate, recreation and health sectors. Peter has also acted for mining groups active in Africa. As well as being a qualified solicitor, Peter has both under graduate and post graduate degrees in Town Planning and has advised large private companies in Town Planning matters and has successfully run a number of high profile appeals.
Hunt Gold Corporation will announce in January, 2008, a new Board of Directors and its Management Team, all of whom are experienced in Gold Mining & Exploration.
Hunt Gold Corporation is preparing a new Corporate and Investor Relations web site, www.huntgoldcorp.com and it is expected that this will be launched shortly.
Hunt Gold Corporation has cancelled the Convertible Loan Note in respect of its stockholding in PR-7, Inc. and surrendered its entire stockholding in that Company.
PR-7, Inc., is the exclusive master Franchise of the largest Convenience store chain in the World for Puerto Rico and the Caribbean, which operates 14 convenience stores in San Juan, Puerto Rico. This termination was by mutual consent between the parties. Hunt Gold Corporation is now exclusively focused on its Gold Mining & Exploration Companies.
VALUATIONS AND DETAILS OF THE GOLD MINING & EXPLORATION ASSETS ACQUIRED:-
The Company will be making the very extensive reports available for download on its new corporate web site. The Company's new Management Team will update these reports and value at the current gold price of circa US$800/oz. This data will be available to stockholders in and during January, 2008.
This is a very brief overview of these mining projects.
The "Mockingbird" Property:-
Dr Wayne P Colliston, compiled this report in August, 2004 on the "Mockingbird" gold (silver - copper) property.
At the gold price of approximately US$400/oz (in August 2004), this provides a value estimate for the deposit in the range of up to $400 million. The estimated gold resource does not include the potential of the 16 gold placers identified on the property. At the current Gold price of circa US$800/oz, the revised and updated valuation report being prepared by Dr Colliston, will be significantly higher.
INTRODUCTION:
The Projects are located in the historic Mockingbird Mining District, about 50 miles (80 kilometres) southeast of Las Vegas. The project area is on federal lands about 5 miles (8 km) west of the major Las Vegas / Phoenix highway and within 10 miles (16km) of the Colorado River; it comprises of 4 claim groups spread over 2,500 acres.
As such, enough is known about the Projects to warrant reassessments of their mineral resource potential.
In Arizona, the Company will enter one of the most exciting and historical gold producing areas in the USA with its new high potential gold projects namely, the Mockingbird and Great West Gold Project including the four claim groups. Significant reserves and gold mineralization are expected at depth, constrained by the structural controls associated with the Mockingbird detachment fault.
The sources of information available at the time of compilation of this report have been extracted from reports of the US Geological Survey, reports prepared for Golden Sierra Limited (a wholly owned subsidiary Company of Hunt Gold Corporation) and references from the gold industry including other Arizonian gold projects.
The resource potential available to the proposed future operations has been estimated by the project managers and consultants based on data drawn from reports and records related to the Golden Sierra Limited and previous operations. There is no reason to doubt the authenticity or substance of those records and we believe that for the purposes of this report the estimates extracted from those reports could be acceptable.
A complete audit of the information available at the time of compilation has not been carried out, and the valuation of the mineral potential contained in this report assumes that confirmation of certain of the resources will be carried out at an early stage of exploration.
The investigations have concentrated on the review of the gold resource within the Mockingbird Project area and have relied on estimates and proposals as provided by Golden Sierra and previous data to make the review and estimates. There is no reason to doubt the information so obtained.
TITLE
Mining title consists of 2500 acres (1,011.72 HA) of mineral rights and comprise a number of federal claims namely:
Lode deposits: three
Placer deposits: sixteen.
And Claim Groups, which consist of:
The Mockingbird Claims, the Dandy Claims, the Great West Claims and the MP Claims.
It is significant to note that the claim block includes four existing mines namely, Mockingbird, Great West, Hall (Dandy) and Pocahontas; all these mines contributed significantly to the past gold production in this important gold producing mining district.
PROJECT OVERVIEW AND PAST EXPLORATION
The Mockingbird Project involves an important new type of Arizona gold deposit, called a "detachment fault" deposit. Detachment fault deposits were first recognized as a separate form of gold deposit in the 1980's. The best example of an Arizona detachment gold deposit is Copperstone (Figure 1), which, like Mockingbird is in the highly extended Western Arizona terrain near the Colorado River.
Copperstone was the biggest gold discovery in Arizona in at least 50 years. Cyprus Gold profitably mined the 500,000 oz open pit resource during the 1980's. Based upon the underground drilling by American Bonanza, it appears that the underground high-grade resource is even larger. This is however to be expected from the style of mineralization associated with detachment faults.
Unlike Copperstone, Mockingbird is an historic gold producer, producing some 15,000 ounces from high-grade ore at a weighted average grade of 0.8 oz/T. A majority of this production was from the Mockingbird Mine itself, which is the centerpiece of the Company's land position. Other mines producing gold were the Great West, Hall (Dandy) and Pocahontas Mines, all of which are included in the claim block (see Wilkins 1982).
A gold rush was initiated at Mockingbird during the 1980's, with many companies providing large amounts of exploration activity. Anaconda, who acquired the Mockingbird Project, focused exploration on the area east of the historic Mockingbird and Great West mines, and lying beneath the surface trace of the Mockingbird detachment fault.
Anaconda estimated a deposit of at least 10 million tons of .05 to 0.1 oz / T gold. This means the deposit is in the range of 500,000 to 1,000,000 ounces of gold, approximately the same size as Copperstone. This estimate does not include the additional vein material included in the earlier mentioned Wilkins Report. Joe Wilkins assessed the deposit for Gulf Mineral Resources in 1982 (see "Economic Geology of the Mockingbird Mine Area") and assumed a deposit of at least 500,000 tons at 0.1 oz / T from just the surface veins. The project was turned down as Gulf was of the opinion that the project was not big enough. Santa Fe Gold (now part of Newmont) acquired a claim block at the historic Mockingbird mine. Although their work showed anomalous gold in numerous samples, Santa Fe cancelled the project without drilling on the erroneous theory that the gold was largely found in veins and not in wall rock.
It is clear that in making this decision, the structural geology controls on the mineralization were poorly understood. This left the door open for Anaconda, which acquired two square miles of claims (all included in the Companies' land position). Anaconda geochemistry delineated numerous gold anomalies. A seismic survey confirmed that the detachment fault was largely horizontal under the eastern portion of their claim block.
There is little subsequent exploration history on the property. Arco (Anaconda's parent company) shut Anaconda down and abandoned the project. Chevron then staked the same area, did their geochemistry and selected drill targets. Chevron then merged with Gulf, and the combined unit was under the management of former Gulf personnel. As explained above, Gulf had previously turned down the project and now moved to terminate it. Western States next acquired the property for several years and apparently only did some trenching.
GEOLOGY OVERVIEW:
The Mockingbird Mining District is situated along an undulating pediment along the east flank of the Black Mountains and occurs in the "basin and "range" province of the south-western United States. The province has undergone crustal extension, with the development of symmetric structural arrays such as horsts and grabens, with the horsts being the ranges and the grabens being the basins in the "basin-and-range topography. Igneous activity (basaltic volcanism) occurred with the extensional faulting during the Mesozoic to the Cenozoic. The Mines in the district are situated along a distinct N30 degree west linear feature that cuts across the Black Mountains and displaces all older lithologic and tectonic features. The NW trend is probably a late tertiary, basin and range fault zone that localized and preserved the mineralization at the mines
The geology and mineralization of the Mockingbird District is strongly influenced by Tertiary-age detachment faults and younger high-angle normal faults, associated with the abovementioned crustal extension. The regional geological setting is a major detachment fault (called the "Mockingbird Mine Fault"; Faulds et al., 2000) separating tertiary volcanics in the upper plate from Precambrian gneiss in the lower plate.
Mineralization is found in both quartz veins and breccia zones hosted by steep faults. The mines in the Mockingbird district are located along northwest to east west striking, north-dipping to flat quartz veins containing specular hematite, oxidized copper minerals and free gold.
The nature of the structures and mineralization further suggest potential for another type of ore deposit - that of the strong likelihood of a major detachment fault associated gold / copper deposit, similar to the proven and mined Copperstone and Mesquite deposits. This was the working hypothesis of Anaconda and, later, Chevron. Unfortunately, the hypothesis could not be tested; neither company drilled the property because of project cancellation resulting from shutdown of the company (in the case of Anaconda) or merger (with Gulf, in the case of Chevron).
Surface and dump sampling shows a close correlation to Copperstone mineralization with the following average grades for all samples:
Gold - 0.09 oz/T; Silver - 0.3 oz/T and Copper -0.4%.
Chevron's geochemical work suggests two undrilled anomalies in Sections 26 and 35.
Sixteen Placer gold deposits have been identified on the claims area, but have not been tested to date.
EXPLORATION MODEL:
The Mockingbird Project area has the potential for the development of a large gold reserve.
Expectations are high that a resource will be confirmed by following the known mineralization, (a) eastward (in the case of the Mockingbird Mine) and (b) north-eastward (in the case of the Dandy and Great West) under the detachment fault. The deeper Mockingbird gold mineralization is expected to occur in northwest-striking, moderate to shallow dipping fault zones related to the Mockingbird fault structural horizon in the footwall of the fault (Precambrian basement gneiss). The expected gold mineralization will be associated with breccia zones where the fault rock has been intensely sheared, altered and replaced with intense hematite and magnetite, chloritization, silicification and copper oxides related to the fault. Without the benefit of Anaconda's work, it will be necessary to re-do some geochemical and geophysical work to select drill sites.
The Mockingbird Area is modelled as a lower plate deposit, and east of the Mockingbird detachment fault the lower plate is buried. This area east of the fault is where most of the former claims occur; however large scale mining did not acquire the historic Mockingbird, Dandy and Great West Mines which are west of the fault where the lower plate is exposed.
RESERVE REVIEW
Anaconda estimated an Inferred Resource of at least 10 million tons of 0.05 to 0.1 oz/T gold with additional resources of silver and copper. US Geological Survey Open File Report 92-002 and the Arizona Department of Mines and Mineral Resources corroborated these estimates. Underground operations and an open pit have previously been established with initial assay results and informal sampling confirming widespread surface gold mineralization, some of which is high grade gold (2 oz/T).
The deposit size may be in the range of 500,000 to 1,000,000 ounces of gold. At the gold price (in August 2004) of approximately US$400/oz, this provides an estimated value for the deposit of US$400 million. At the current Gold price of US$800/oz, this Project has a considerably greater value.
The estimated gold resource does not include the potential of the 16 gold placers identified on the property.
CONCLUSIONS AND RECOMMENDATIONS
Conclusion
From the assessment of the Mockingbird Project Area the following conclusions are made:
1. The Mockingbird Project is a relatively high tonnage, low-grade potential deposit. It has an Inferred Resource of at least 10 million tons with variable grade of 0.05 - 0.10 oz/T (1.55 - 3.1 gram/ton).
2. The gold resource is estimated to be of the order of 500,000 to 1,000,000 ounces of gold; this excludes the potential of the 16 gold placers on the property.
3. Silver (0.3 oz/T) and Sulphide mineralization (copper: 0.4%) may also show potential during future development on the whole property.
4. The gold resource can be raised significantly by drilling for the subsurface extension of the Mockingbird Detachment Fault, with the expectation of discovering high volume mineralised detachment fault deposits.
5. The sixteen identified placer deposits are easily mineable and also have the potential of raising the gold resource.
Recommendations
Extensive exploration at greater depth should be considered as very important
The "Golden Eagle" Property:-
The Gold and Silver Mining Exploration Projects controlled by Golden Eagle Limited are situated in Imperial County, California and extend to an area of 3,345 acres. The historical Geological work indicates potential reserves of up to 5 million ounces of Gold.
GEOLOGY:-
The regional geological setting is dominated by a major low angle fault system that occurs throughout the south-eastern Chocolate Mountains, and which is commonly known as the Sortan fault. At the Golden Eagle, this structure probably connects up with a similar structure to the north. Most of the gold occurs in a breccia unit related to the Sortan fault that strikes northwest, dips northeast and juxtaposes Jurassic Winterhaven Formation against lower plate gneisses which have been extensively intruded by biotite alaskite phases of the Marcus Wash peraluminous granitic complex. Previous drilling by Santa Fe Resources did not test any along-strike or down-dip projections of this structure, which appears to be concealed by shallow Tertiary to Quaternary alluvial cover. Possible additional targets include mineralized megabreccia lenses of gneiss within the Bear Canyon conglomerate unit.
POTENTIAL:-
The Golden Eagle property is located between the Mesquite gold mine and the Picacho gold mine. Mesquite was mined by Newmont for over 15 years and produced 154MM tons of ore at an average grade of .026 OPT, for a total of 4MM ounces gold. Newmont proved an additional 42.9MM tons at .021 OPT, which the present owner (Western Goldfields) plans to develop. Picacho was the flagship gold mine of Glamis Gold, producing 388,000 ounces of gold from 1981 until the mine's closure in 2000. Geochemical work by MagnaChem Exploration demonstrated the similarity of the mineralization at Golden Eagle to the arsenic-rich peraluminous gold systems at both Mesquite and Picacho.
The "Ambassador" Property:-
COMMODITIES: Gold, silver, copper. -0- LOCATION STATE Arizona, COUNTY Yavapai SECTION(s): 21, 22, 27, 34 TOWNSHIP: 14 North RANGE: 2 East BASE and MERIDIAN: Gila and Salt River Base and Meridian -0- NUMBER OF FEDERAL CLAIMS (US Forest Service Land) LODE: 1 PLACER: 10
TOTAL ACREAGE OF PROPERTY: Approximately 1,600 acres
CLAIM GROUPS OWNED or CONTROLLED: AM Claims, Ambassador Lode Claim -0- PROSPECTING PERMITS: None Needed MINERAL LEASES: None Needed
TYPES OF WORKINGS:
3 adits, 2 inclined shafts, 600+ feet of drifts and 3 stopes following the known ore shoots.
RESERVES:
POTENTIAL: 3,125,000 tons oxide ore @ .071 OPT gold and .210 OPT silver. 2,058,000 tons sulfide mineralization @ .387 OPT gold, .771 OPT silver and .253% copper.
GEOLOGY:
The regional geological setting is predominantly preCambrian, with an embayment of quartz diorite bounded by schist to the north and east and by the Shylock Fault Zone to the west. Locally, the principal types of gold deposits are (1) preCambrian gold-quartz veins in igneous rocks (the type of deposit at the Ambassador), (2) Mesozoic or Tertiary gold and gold-silver veins in metamorphic rocks and (3) scattered preCambrian gold-quartz-tourmaline VMS deposits.
In the Ambassador project area, the dominant rock type is quartz diorite. In the western part of the claim block (West Hills), dikes of granodiorite porphyry cut across the quartz diorite. At the Ambassador mine and in the East Hills Area east of the mine, there are gold-quartz hypothermal veins, which were deposited under conditions of high temperature and pressure, probably genetically related to the later stages of emplacement of the preCambrian age quartz diorite mass.
The project is located in the Black Hills Mining District, which is immediately south of the Verde Mining District and immediately west of the Cherry Creek Mining District. Each of these districts has seen significant past production of gold, silver and copper.
Well-known area mines include the United Verde, United Verde Extension, Yaeger, Monarch and Logan Mines.
POTENTIAL:
Past exploration by UNC focused on sampling of the underground workings of the Ambassador Mine, and also delineated mineralized areas for further exploration in the East Hills and the West Hills. The sampling showed good gold grades at the mine exposures and the potential for developing an economic ore deposit of over 1,000,000 ounces of gold and gold equivalent silver and copper credits through a staged exploration program. UNC abandoned its mining business in order to focus on its milling business, allowing this promising project to lapse prior to initiating drilling. The locally available infrastructure is excellent. While the neighboring ranch has since been subdivided, the mine is over .5 mile from the nearest development and there is a separate access road directly to the mine. In light of the present level of precious metals prices and obvious prospects for further increases, the time is ripe to resume exploration of this promising property.
ABOUT HUNT GOLD CORPORATION
Hunt Gold Corporation (formerly Prime Time Group, Inc. had interests in wireless products and services for today's youth market. Prime Time Group also has had interests in the retail oil and gas, convenience store, all of which were complimentary. The Company had an interest in PR-7, Inc., the exclusive master Franchise of the largest Convenience store chain in the World for Puerto Rico and the Caribbean, which operates 14 convenience stores in San Juan, Puerto Rico. Hunt Gold Corporation no longer has any of these interests, all have been terminated.
Hunt Gold Corporation is now exclusively focused on its Gold Mining & Exploration properties, acquired from Fortress Financial Group, Inc. and other minority stockholders.
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GREAT WEST GOLD, INC. - COMPLETION OF ACQUISITION
03/05/2007 18:17:00
http://www.greatwestgold.com
Company completes acquisition and restructures its Stock
NEW YORK, NY, May 2, 2007, Great West Gold, Inc. (PINKSHEETS: GWGO) announced on May 2, 2007 that it had acquired the Unitrust Capital S.A. Group, subject to the completion of certain legal formalities, this company being engaged in the issue of and the marketing of prepaid debit and credit cards. This Company is also engaged in various payment solution enterprises. This acquisition has now been completed.
Great West Gold, Inc. in the processing of changing its name to that of Fortress Financial Group, Inc. with immediate effect. and will be obtaining a new CUSIP Number and Trading Symbol. Stockholders will be advised accordingly.
The Company, will, with immediate effect, now be exclusively focusing on its recently acquired Payment Solutions business.
The Company had stated that it was reviewing its share capital
structure. It has been decided that in order to restore credibility, for the Company, to substantially reduce the substantial "float"; a "roll back" of the outstanding shares of Common Stock was imperative. The Company has therefore filed its Notice of this Reverse Split with the NASD, it will be effective for Stockholders of Record on May 10, 2007 and the Payment Date is May 14, 2007, the ratio of this Reverse Split is on the basis of 1 for 2,000. The Company intends that it will no longer trade as a "sub penny stock", this in our opinion, has proven to be of little use nor benefit, to our stockholders. This Reverse Split will be effective prior to the Company trading under its new name and Trading Symbol.
A completing new corporate web site is being completed; it will be available to stockholders next week. This web site will focus exclusively on the Company's new business whilst retaining details on the Mining portfolio. Please be advised that corporate E Mail and contact address will be changed on or before that date, being May 14, 2007. Stockholders will be kept advised. The new Management team will be announced on that new corporate web site. Mr Peter J. Bezzano, the President of the Company, will remain as the Company's President. Mr Peter J. Bezzano's experience as a practicing British Solicitor will bring his considerable legal, negotiating and commercial skills to the new Company.
Mr Peter J. Bezzano, the President of the Company has stated that he considers this acquisition to be a very exciting and dynamic challenge for the Company; and needless to say, will be a very positive deal for the Company. After a year of research, it has been enormously gratifying to have secured a highly efficient, superbly managed prepaid debit and credit card programe, backed marketed and managed by a substantial world class organization.
Mr Peter J. Bezzano stated that the exhaustive and very successful due diligence conducted upon the Company and its products; resulted in our being convinced that we have now secured a product that is flawless in its execution and in respect t of the level of support provided by its Issuers. He is particularly gratified by its low cost overhead structure, the operations being based in a very low cost, yet first class, jurisdiction. The use of Internet marketing to acquire customers is of enormous benefit, given the cost savings in the use of Internet, when compared with the huge costs associated with that of traditional marketing campaigns.
The benefits to our Company are innumerable, the monthly recurring income stream, access to the global market, the ability to offer these unique offshore card products, the day to day interface with world class management. Perhaps most importantly, the positioning of the Company in one of the fastest growing market sectors in the world, with the possibility of synergistic links with other financial service providers, and globally. The ability to drive our growth through the Internet, offer enormous challenges, it is our intention to grow and expand upon what is in our opinion, a very successful entrenched marketing model.
I must stress that stockholders will not in any way, be prejudiced by this restructure of the Company, as indeed, the Company's Mining Portfolio continues to hold a very significant value for the Company and upon our realization of its true value, even further benefits will accrue to our loyal and supportive stockholders.
The mining exploration companies controlled by Great West Gold, Inc. will remain as Company assets until they are distributed to stockholders, in full. It is intended that these assets be placed in two separate quoted companies under independent and experienced mining management teams. The Mining Assets in question, are : Great West Gold, Inc.'s stockholding in : Bouse Mining Holdings plc, Ambassador Gold Holdings plc, Golden Eagle Mining Holdings plc, Sentinel Resource Holdings plc, Copperstone Mining Holdings plc; and the "Bonanza" Gold Project, the only wholly owned company of Great West Gold, Inc.
The Company can confirm that the "Bouse", "South Copperstone" and the "Golden Eagle" Mining Exploration Projects are being transferred into a separate Company. The Company has now appointed management to this Company.
Furthermore, the "Mockingbird", "Ambassador" and the "Bonanza" Mining Exploration Projects are being transferred into a second separate Company. Management for this Company has not as yet, been agreed upon.
"Bouse", "Mockingbird", "South Copperstone", "Ambassador" and "Golden Eagle" are controlled by the new company but have significant outside stockholders though previous stock dividend distributions to Great West Gold, Inc. stockholders.
In the interim, these Mining assets will be retained as "portfolio" assets on the Company's books.
The stock and interests in the above-mentioned mentioned six Mining Exploration Projects will be distributed in full, to eligible Great West Gold, Inc. stockholders. No stock issued pursuant, and pertaining to the acquisition of the Unitrust Capital S.A acquisition, will be eligible for these Stock Dividend distributions of the Company's Mining portfolio.
Great West Gold, Inc. has relinquished its interests in the
below-mentioned Mining Projects and cancelled the corresponding Convertible Loan Notes and debt associated therewith, thereby leaving the Company completely debt free, as follows :-
"Treasure Kingdom", "Monstro Verde", "Copper Mountain Mining", "Yaba" "Storm Cloud", ""Starlight", "Venezia", "Federal", "Buffalo Lime Cap", "Red Cloud", "Gladstone Lookout", "Copper Mountain", "Swansea", "Tip Top" and "Mineral Mountain".
The Company will continue to distribute the outstanding dividends to eligible Great West Gold, Inc. stockholders, a process to be managed "in house" with immediate effect, and not by Computershare Trust Company, Inc. All enquiries in the respect are to be directed to angela@greatwestgold.com.
As previously stated, the Company is now appointing a new Auditor; this is a condition of the acquisition of the Unitrust Capital S.A. Group. This will result in outstanding filings being brought up to date; and hopefully see a speedy return to the OTC BB Market. This process is being overseen by the incoming management, who will appoint an auditor of their choice.
About Great West Gold, Inc.
Great West Gold, Inc., www.greatwestgold.com, was a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company now retains these Gold Mining Exploration interests as portfolio assets. In and during May of 2007, the Company will effect a name and Trading Symbol change to that of Fortress Financial Group, Inc. and will then, be solely engaged in the issuing and marketing of prepaid debit and
credit cards, on a global basis; as well offering various other payment solutions. The Company will from May 10, 2007, be operating from a new, more pertinent corporate web site, reflecting the Company's change in the nature of its business.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995."Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:-
Great West Gold, Inc.
investor@greatwestgold.com
Tel : + 44 845 127 4051
Great West Gold (GWGO) ~ now ~ Frotress Financial Group (FFGO)
NET ASSET VALUE PER SHARE AS AT JULY 10, 2008 :-
FFGO ~ Pinksheets Filings ~ http://tinyurl.com/5wlq6o
Based upon an outstanding amount of 35,281,766,809 shares of the Company's shares of Common Stock at July 10, 2008, the Net Asset Value per Share of Common Stock is in the amount US$0.01418 (1.42c per share of Common Stock).
The Company calculates in Net Asset Value in the amount of US$500,270,294 as at July 10, 2008.
This is calculated as follows :-
Hunt Gold Corporation (HGLC.PK) shares of Common Stock held directly by the Company in the amount of 1,363,588,873 and at a market price of US$0.001 per share, give a valuation in the amount of US$1,363,589.
Hunt Gold Corporation (HGLC.PK) shares of Common Stock held indirectly by the Company in the amount of 483,750,099 and at a market price of US$0.001 per share, give a valuation in the amount of US$483,750.
Copperstone Mining Holding Ordinary Shares held indirectly by the Company in the amount of 1,030,421,001 and at a value of US$0.1951 per Ordinary Share, give a valuation in the amount of US$201,035,137.
Bouse Mining Holding Ordinary Shares held indirectly by the Company in the amount of 510,537,026 and at a value of US$0.5825 per Ordinary Share, give a valuation in the amount of US$297,387,818.
The value of the Company's stockholding in St James Capital Holdings, Inc. (SJCH.PK) and the Company's intangible assets have been excluded from this calculation.
******************************************************
HGLC ~ #board-11344
FFGO ~ #board-3111
i worked on the iboxes yesterday ...
when you enter the ibox the new format is already there
and it automatically will jumble up the old format info ...
it will connect all words & lines together
and you have to sort it out with proper space ...
when you do lines by using ENTER key to space lines it automatically double spaces sentence lines like legal text ... therefore you have to copy the full text where you want lines directly under each other to a notepad or what i did was use a post to work on it ... in the post you can proper space the lines directly under each other then copy and paste it in the iBox .... it took me awhile but i goy it fairly back to normal ... anything in iBox you want with lines directly under each other has to be pasted into the ibox ... anything you write of just collect in will be double spaced ...
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KA Psalm
---------------------------------------------------------------------------------
om e quiet gentle loving fortune hunter
forth thou hath found thee precious gem
an salt n sea e carry thee to golden kingdom shores
for thou commune all precious shares
form e deep dark forest peasant retreat
forth home to thou magic mystic kingdom throne
be eartth a journey of love peace and pleasure
enlighten thou world with wealth forever
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It is the Intention of this Board to Monitor Innovative Sector Stocks
The Board is for Research of Potential Popular % Gainer Stocks
This Board is not Promoting or being Compensated in Regards to Companys Listed
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New SEC Regulations for Public Traded Companies Proposal
(1) Public National Online Register of every Public Company
* Online ... Daily updated ... Public availiable 24 hours aday.
* Listed by Trade Symbol, Cusip Number & Tax ID.
* Listed Current & Past States of Incorporation.
* All States immediate report any new Amendments.
* Listed all Public Filings & News updates of record.
* Listed Board of Directors, Salaries and Insider Ownership.
* All Public Companies immediate report Share Structure changes.
* Listed Authorized, Outstanding, Restricted, Preferred, Warrant Shares.
* Listed active funding and Convertible Debenture Agreements.
* Listed all Gov Agency inquiries or action on date of issue.
* Listed DTCC Daily update of all short positions designating MM.
* DTCC Daily updates Public Companies Share Structure.
(2) Any Stock Owned can be Designated No-Short
* No MM can Short a No-Short designated stock or account.
(3) One Day DTCC Settlement of Trades
* Modern Online interstructure can support one day settlement.
(4) Regulated Salary for all Public Traded Company Directors
* Included is incentive and salaries of directors & employees.
** Depository Trust & Clearing Corporation ~ http://dtcc.com
United States - Economy Budget Proposal
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Law of the Market
Never issue diluting equity stock
When a company pps is trading undervalued
Stock Equity funding only works for + company value
When its pps is trading at or above its fundamental value
and product speculation value holds potential market merit
**Reference ........ #msg-18132774
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