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PanGenex Corporation (Pink Sheets: PGXC - http://finance.yahoo.com/q?s=PGXC.pk) June 26th, 2008-- PanGenex Corporation (Pink Sheets: PGXC), a publicly traded company, pursues business opportunities in the $70 billion dollar nutraceutical and dietary supplement industry. With a focus on the cardiovascular health segment, PanGenex develops and markets sector leading, patented or patent pending, condition specific nutraceuticals and topical over-the-counter (OTC) drugs and personal care products. Each product is scientifically formulated to address specific health conditions. Many of our products contain the purest grade of nutraceutical components available anywhere without a prescription. PanGenex markets products through healthcare practitioners, retail establishments and the Internet on websites such as www.PanGenex.com, www.HeartHealthyWorld.com and www.Calgenex.com. PanGenex has invested over $2.4M in research and development to successfully launch LIPIDEME(TM), an all-natural product that addresses high cholesterol, Omeganol(TM), the purest and most highly concentrated Omega-3 supplement available without a prescription and Calci-CLEAR(TM) to address soft-tissue calcification. These products are focused on assisting people worldwide in maintaining a healthy lifestyle. PanGenex sales have increased with the launch of the new websites and we are proud to have renowned cardiologists such as Director Ronald P. Caputo, MD, FACC, FSCAI to endorse LIPIDEME and Omeganol. "We feel that we are perfectly positioned to play a major role in this $70B dollar industry due to the strength of our product formulations and the support of our physicians. We are currently in the process of establishing a clinical study on one of our products which we believe will have a major impact on the 64 million Americans that deal with cardiovascular disease. Additionally, we are finalizing plans for a national roll-out of a PanGenex developed proprietary product supported by a comprehensive market plan that will be as complete as any item previously introduced in the nutraceutical category," explained Jeff Roman, President and CEO of PanGenex. "We have already achieved a 'Current Information' classification through Pink Sheets and the world-class Board of Directors that is coming together teamed with our counsel and accountants will allow us to aggressively proceed towards the filing of a 15c2-11 and a move to the OTC Bulletin Board by this fall. PanGenex is actively working on securing the services of several firms to bring institutional investor dollars into the company. As CEO of PanGenex, I am committed to keep our shareholders abreast of all corporate information in an accurate and transparent manner." Learn More about PanGenex Corporation at: www.PanGenex.com Visit HearthHealthyWorld.com at: www.HeartHealthyWorld.com
Navistar International Corporation (Pink Sheets: NAVZ - http://finance.yahoo.com/q?s=NAVZ.pk) June 27th, 2008-- Paving the way to relisting on the New York Stock Exchange, Navistar International Corporation (Other OTC: NAVZ | Quote | Chart | News | PowerRating) today filed first and second quarter 2008 form 10-Qs with the Securities and Exchange Commission. "We're happy to be caught up with our financial reporting. We will keep our focus on delivering on our commitments to shareholders," said Daniel C. Ustian, Navistar chairman, president and chief executive officer. "In one of the weakest commercial truck markets in recent history, we are set to surpass our $15 billion revenue goal for 2009 a year early and to realize nearly $1 billion in manufacturing segment profit." The company reported net sales and revenue of $6.9 billion for the first half of fiscal 2008, a 13 percent increase over the same period in 2007. Manufacturing segment profit was $424 million, doubling 2007 performance of $208 million. Net income was $162 million, or $2.22 per diluted share, an improvement of $175 million or $2.41 per diluted share over the first half of fiscal 2007. "We look forward to our return to a premier exchange so that we can offer shareholders the best venue for optimal liquidity," Ustian said. Navistar common stock will resume trading June 30 on the New York Stock Exchange under its original ticker symbol NAV; Navistar preferred stock will trade under NAVPrD. Navistar International Corporation (Other OTC: NAVZ | Quote | Chart | News | PowerRating) is a holding company whose wholly owned subsidiaries produce International(R) brand commercial and military trucks, MaxxForce(TM) brand diesel engines, IC brand school and commercial buses, and Workhorse brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine parts and service. Another affiliate offers financing services. Additional information is available at www.navistar.com.
Buzz Technologies, Inc. (PINKSHEETS: BZTG - http://finance.yahoo.com/q?s=BZTG.pk) June 26th, 2008-- Buzz Technologies, Inc. (PINKSHEETS: BZTG | Quote | Chart | News | PowerRating) has announced that the company will list on the Hong Kong Exchange via an IPO. Current BZTG shareholders will be able to exchange 1 share in BZTG for 1 share in the new entity at the time of listing. The share structure of the new entity will exactly reflect the current 300m with no additional issue. After which the new entity will take control of the Texas entity and will see it trading as an ADR on the NASDAQ. Participants in the IPO will need to acquire BZTG stock on market as will Investment Houses and Brokers involved in the IPO. Two Hong Kong brokers are competing for the IPO and an announcement for the lead position will be made in the coming weeks. The IPO will be released to qualified, professional investors only in Asia. The new structure will allow for a more rapid expansion in China as well as being a tax effective base for the company to grow from. It will also bring to an end the opportunity for the rampant naked short selling practices that have spread through our current exchange. The make up of the Hong Kong Board will be predominantly new and in keeping with the company's strong focus on Asia. The IPO will be featured at the upcoming SMART Investment Expo in Hong Kong www.smartexpos.com. Some Directors of the Company intend on increasing their holdings but prior to that acquisition it should be pointed out that:
1. The Company has in the past released financial information
2. The Company has beaten expectations every quarter since inception
3. Estimates of $120m in revenue for 2009 may be revised upwards.
To allow for the proper dissemination of these press releases, directors will not be buying on market for the next 7 days. The directors believe this results in maximum shareholder value. About Buzz: Buzz Technologies, Inc. is a convergent media company with operations ranging from infrastructure development to online retail. The foregoing press release contains forward-looking statements based on the Company's beliefs as well as assumptions made by and information currently available to the Company, including statements regarding the timing of the introduction of certain products. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties which are identified and described in the Company's registration statements and periodic reports on file with the SEC, some of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a variety of factors including, among others, issues related to the travel and transportation industries, and prevailing economic conditions in general. In light of these risks and uncertainties, or should underlying assumptions prove incorrect, there can be no assurance that the forward-looking statements contained in this press release will in fact transpire or prove to be accurate.
Juhl Wind Inc. (OTCBB: JUHL - http://finance.yahoo.com/q?s=juhl.ob ) June 25, 2008-- Juhl Wind Inc. and MH&SC announced that it has closed a $5,160,000 private placement concurrent with a business combination with Juhl Energy Development Inc. and DanMar & Associates Inc., two Minnesota-based wind power development companies under common control that specialize in Community Wind Farms. The combined company will operate under the name Juhl Wind, Inc. and will assume and execute the Juhl Wind business plan as its sole business. Juhl Wind shares will be quoted on the OTC Bulletin Board under the ticker JUHL.OB. Juhl Wind Inc. operates two wholly-owned subsidiaries that have been engaged in the development of community wind power in various communities in the Midwestern United States. Through its subsidiaries, Juhl Energy and DanMar, Juhl Wind has developed 11 wind farms producing approximately 117 megawatts of wind power enough to power over 35,000 homes. Currently, Juhl Wind is engaged in various aspects of development of 16 new wind farms totaling approximately 400 megawatts of wind power. Juhl Winds Community Wind differs from larger, utility owned wind farms by sharing the majority of wind farm ownership with the actual land owners and local communities. Juhl Wind, Inc. is led by Dan Juhl, a respected pioneer and acknowledged expert of wind power development in the U.S., having been active in the wind industry since the mid-1980s. As a result of the transaction, Mr. Juhl has become the companys Chairman and CEO. The private placement and public merger are significant steps for the future of Juhl Wind, stated Dan Juhl. By going public and providing strategic growth capital, we are positioned to continue our leadership in the development of community wind in the Midwest and throughout the U.S. and Canada. Our goal is to continue to build the community wind segment of the wind power industry at a time when wind power is seeing such explosive growth. We have had great success over the years developing Community Wind, continued Dan Juhl. Our projects are based on the formation of partnerships with the farmers upon whose land the wind turbines are installed. This type of wind power has been labeled community wind power because the systems are actually owned by the farmers themselves and the local communities they serve. We are proud to be leading the development of community wind, bringing the huge environmental and economic benefits of wind power to the actual people that it serves. Currently in the United States, wind energy accounts for 6% of renewable electricity generation and nearly 1% of total electricity supply. The United States Department of Energy recently issued its report titled 20% Wind Energy by 2030 (http://www1.eere.energy.gov/windandhydro/pdfs/41869.pdf) calling for 20% of all electricity production to be produced by wind by the year 2030. After the closing of the merger and private placement, Juhl Wind Inc. had 25,160,000 shares of common stock outstanding inclusive of 5,160,000 shares of series A preferred stock sold in the private placement (convertible at any time into a like number of shares of common stock). The series A investors also received five-year warrants to purchase up to 2,580,000 shares of our common stock at exercise prices ranging from $1.25 to $1.75 per share. The private placement was led by institutional investors including Vision Opportunity Master Fund Ltd. And Daybreak Special Situations Fund LP. The securities sold in the private placement and the merger have not yet been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States in the absence of an effective registration statement or exemption from registration requirements. This new release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
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