New book by Larry Connors Click here Improve your trading - See how
Sign-up for our FREE Stock Alerts at http://www.otcstockexchange.com !
Elray Resources, Inc. (OTCBB: ELRA - http://finance.yahoo.com/q?s=ELRA.OB ) (Tue, Sep 30, 2008, 6:30am ET) Elray Resources, Inc., a technically driven gold and precious mineral exploration company, is pleased to provide an overview of the Senator Project, located in a mineral-rich region of Cambodia.
The Senator Mine Project is a very good exploration target with the reported underground working, map reference by the French mapping and reporting of the 1970s and observed mineral and waste materials on the surface.
The project has a reported 105 meters long adit following an average 1.5-meter wide multi-metallic massive sulfide vein with recoverable free gold. The initial target appears to be a multi-metallic quartz vein system up to about a reportedly 1.5 meters width.
Small, local miners are working saprolitized (weathered) quartz vein with high-grade gold contents four kilometers ESE of the historical workings on the property, which support the potential for additional styles and occurrences of mineralization on the project ground.
Mr. Barry Lucas, Chairman of Elray, commented, "This demonstrates an area of extensive intrusive activity and it is dated as a late staged event that would allow alteration of the surrounding country rocks. This environment is favorable for various styles of mineralization and always is an attractive target for regional exploration activity. The area is known to host a number of base metal and gold occurrences as published on various mineral resource maps of Cambodia."
Laidlaw Energy Group, Inc. (Pink Sheets: LLEG - http://finance.yahoo.com/q?s=LLEG.PK ) (Mon, Sep 29, 2008, 8:00am ET) Laidlaw Energy Group, Inc., through its affiliate, Laidlaw Berlin BioPower, LLC ("Laidlaw"), announced that it has reached agreement with Public Service Company of New Hampshire ("PSNH") on the material terms of a contemplated 20-year power purchase agreement for Laidlaw's Berlin, New Hampshire Biomass Energy Project (the "Berlin Project"). The agreement between the parties contemplates the sale of 100% of the Berlin Project's electric output, capacity and renewable energy certificates to PSNH over the 20-year term. The Berlin Project is expected to have a gross capacity of 66 megawatts, making it one of the largest biomass-energy plants in North America.
Commenting on the arrangement, Laidlaw President and CEO Michael Bartoszek stated, "This is an important milestone in the development of the Berlin Project. Having a guaranteed source of revenue over the term of this agreement from a highly credit-worthy customer like PSNH adds tremendous value to this project. We look forward to being an important part of New Hampshire's energy future as the state shifts toward renewable electricity generation to meet its Renewable Portfolio Standard and greenhouse gas commitments."
The agreement between the parties is subject to the execution of a definitive power purchase agreement, as well as approval by the New Hampshire Public Utilities Commission.
"The development of new native sources of renewable energy is essential for New Hampshire's energy future," said Gary Long, PSNH president and chief operating officer. "The purchase of power from the Berlin Project will help us to meet the requirements of the state's Renewable Portfolio Standard and add to our portfolio of CO2-neutral energy sources."
Ronn Motor Company, Inc. (Pink Sheets: RNNM - http://finance.yahoo.com/q?s=RNNM.PK ) (Mon, Sep 29, 2008, 9:30am ET) Ronn Motor Company, Inc. (RMC) is proud to announce the highly anticipated introduction of the world's first eco-exotic supercar with the Scorpion(TM) making its world debut at the 2008 SEMA Show in Las Vegas, NV, November 4th - 7th. The first supercar of its kind to ever be created, the Scorpion(TM) is set to be unveiled at a show famously known for displaying the very best in groundbreaking automotive products and new technology. On the eve of the world premiere, the gasoline-hydrogen hybrid has caught the attention of a wide gamut of enthusiasts, ranging from exotic car fans to green fuel aficionados, including renowned authority in luxury, duPont Registry, which will be honoring the eco-exotic at its own SEMA booth with its esteemed Publisher's Choice award.
"One of the missions of the duPont Registry is to bring our readers the very best in automotive luxury and to make sure they are aware of new, unique cars such as the Scorpion(TM) from Ronn Motor Company," said Thomas duPont, Founder and Publisher of the duPont Registry. "We are extremely proud to have the Scorpion(TM) with us at SEMA and think this wonderful car aptly addresses several issues the world faces today while simultaneously delivering a beautifully designed, astoundingly high performing exotic."
Designed by RMC and engineered by acclaimed design firm, MetalCrafters, with a flowing, sensually lined low slung body; the $150,000 (U.S.) twin-turbo 450-horsepower Scorpion(TM) supercar features the latest in green fuel technology through its proprietary H2Go(TM) Hydrogen On-Demand system. With an aesthetically pleasing look joined with supercar performance and environmentally friendly technology, Ronn Motors is set to create a new breed of high-performance exotic automobiles made for enthusiasts looking for an exotic without compromise.
"Ronn Motor Company is proud to announce that the world introduction of our Scorpion(TM) eco-exotic will take place at such a celebrated automobile event like SEMA," commented President and Chief Operating Officer Ronn Maxwell. "The SEMA show presents the perfect platform for us, and we couldn't be more excited for the Scorpion(TM) to be introduced there at the duPont Registry booth. Our hope with the Scorpion(TM) is to implement a paradigm shift not only in how the industry looks at supercars, but at cars in general."
The Scorpion(TM) will be displayed at the duPont Registry booth at the SEMA show, where Publisher Tom duPont will personally unveil the supercar to an enthusiastic gathering of leading automobile publications and members of the media as well as car aficionados. As recipient of the duPont Registry: A Buyers Gallery of Fine Automobiles Publisher's Choice Award, the Scorpion(TM) was judged by the magazine as embodying forward-thinking technology and styling as acknowledged by Founder and Publisher Tom duPont.
The Scorpion(TM) supercar will be limited to 200 production units, retailing for $150,000 (U.S.). Deliveries of the vehicles are slated for the first quarter of 2009. Deposits for this revolutionary supercar are now being accepted; for more information please log on to www.ronnmotors.com or dial 888-460-0960.
Dematco, Inc. (OTCBB: DMAT - http://finance.yahoo.com/q?s=DMAT.OB ) (Tue, Sep 30, 2008, 7:03am ET) Dematco, Inc. announces wholly owned subsidiary Dematco, Ltd. has signed its fourth contract with another European investment group to dematerialize $100 million face value of Senior Life Settlement Units (SLSU). Dematco, Ltd. converts all manner of paper instruments into electronically transferable units. The Company charges a two percent (2%) upfront fee based on the face value of the SLSU, and three percent (3%) of the face value of the SLSU upon completion of the sub-products or strip-unit dematerialization. For this new contract, the Company will receive an initial stage payment of $250,000 with $1.75 million due upon execution of the dematerialization, and $3 million due upon completion of the sub-products.
The resulting SLSU dematerialized sub-products will be traded through Private Trading Systems PLC (PlusMarkets: PTSP), a proprietary trading and clearing system. Private Trading Systems operates a platform for trading financial instruments in electronic form with instantaneous clearance and settlement in real time. Dematco will dematerialize, list, and then trade SLSUs on the PTS trading platform.
Robert Stevens, Chairman of Dematco states, "As we expected, the uniqueness of our service is attracting new investor groups looking to convert and move all types of financial paper. We are obviously well positioned and appear to be seizing market share in the dematerialization industry. Strong order flow looks constant through the fourth quarter."
About OTCStockExchange.com
OTCStockExchange.com (OTCS) is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. OTCS is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. OTCS's goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation. OTCS provides all investors with the latest news, press releases, investment opinions, and research reports for all the companies highlighted on the site. OTCS offers a free financial newsletter. To subscribe or get more information, visit our home page located at http://www.otcstockexchange.com .
We offer many investor relations programs to public companies. To feature a company on our web site or in our daily Newsletter or Mid-Day Stock Alert, please contact Chris Wheeler at 585-330-8514 , or via email at info@otcstockexchange.com .
OTCS's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event of a rise in value. OTCS will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
OTCStockExchange.com (OTCS) based upon information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by OTCS to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. OTCS is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.otcstockexchange.com or mentioned herein. OTCS has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion.
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 Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and OTCS undertakes no obligation to update such statements.
CONTACT: Chris Wheeler, OTCStockExchange.com Tel: +1 585 330 8514 e-mail: info@otcstockexchange.com WWW: http://www.otcstockexchange.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
