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New York- Expedite Ventures announces the following companies as high potential: The Estate Vault Inc. (PINKSHEETS: TEVI | Quote | Chart | News | PowerRating) Renew Energy Resources, Inc. (Pink Sheets:REER), and Friedman, Billings, Ramsey Group, Inc. (NYSE: FBR).
Come visit PamplonaPicks.com to sign up for our free Newsletter, where you will receive detailed information on these companies and more! Expedite Ventures The Estate Vault Inc. (PINKSHEETS: TEVI); http://www.marketwatch.com/quotes/tevi) The Estate Vault Releases Shareholder Update Update Reveals New OTCBB Listing Initiative, Revenue Growth and Distribution Opportunities
10-9-08 The Estate Vault Inc. (PINKSHEETS: TEVI),an emerging leader of the growing information security and management market, and provider of value-added products and services to the financial services and other information-secure industries, today announced its second communique to its shareholders.
Dear Shareholders: This is the second of several planned communications to our shareholders -- to keep you abreast of the many positive occurrences that have been happening with our company.
The Estate Vault recently filed for listing on the OTCBB listing and we are extremely proud of this accomplishment. On January 23, 2008 we stated that the company would become more transparent. We expect the SEC to provide us with feedback as soon as possible and we will keep you informed on a timely basis.
We have entered into several agreements since my last letter and will complete our distribution agreement with a Latin American distributor within the next 30 days. This agreement will give us penetration of our products and services throughout the Western Hemisphere and then we will turn our attention to finalizing arrangements in Australia and Europe which will give our product worldwide coverage. We are completely committed to our marketing and distribution plan which has become more clearly defined over the last several weeks and I am excited about all of the potential joint ventures, licensing and distribution agreements that we are currently reviewing and in negotiations with. Today more than ever advisors and organizations alike are looking for a true value added product and service and we are starting to get on their radar screens.
That being said it isn't always easy when you're building a business; executing the plan isn't always as easy as one would like it to be. We have encountered some bumps in the road but I believe that we are very close to reaching some of the milestones that we have set for ourselves, and over the next few months we will continue to keep you apprised as we move forward.
Revenues: In our most recent quarter, revenues expanded to $170,000 and we believe this will continue to grow exponentially over the next 6 months. This should put us in a position where we will be self-funding. In today's financial markets, the ability to self-fund our growth is key to retaining shareholder value and surviving this economic and financial downturn. As well, we should be able to generate additional revenues as we enter new markets throughout the world.
Final Notes: People need and want to have a permanent repository for their financial, legal, personal and medical records which are not subject to natural disasters like fires and floods. Families, as well as Executors and estate attorneys, will have the confidence of knowing that all important documents and papers are in a secure place, and those records are up-to-date. The Estate Vault is a product with worldwide acceptance, and we have begun developing strategic alliances with other countries which should help accelerate our growth.
About The Estate Vault, Inc.
The Estate Vault, Inc. was developed to overcome the difficult task of keeping financial, personal and legal documents up-to-date and in one secure location. Together with its strategic product partners, The Estate Vault's unique services include a Credit Card Registry, a Home Inventory Listing, Identity Theft Insurance and an online Legal Documents and Will Creator.
The Estate Vault intends to become the leading provider of secure, value-added products to the financial services industry at an attractive price point, and by leveraging its patent-pending technology to maximize its brand awareness. For additional information go to www.estatevault.com
Renew Energy Resources, Inc. (Pink Sheets:REER) www.marketwatch.com/quotes/reer) Renew Energy Resources Launches Legacy Oil, Florida New Subsidiary to Pursue Waste Vegetable Oil BioDiesel Opportunities in Florida
10-9-08 Renew Energy Resources, Inc. (Pink Sheets:REER) ("RENEW" or the "Company"), today announced that it has formed a wholly owned subsidiary, Legacy Oil, Florida, to pursue opportunities for a vertically integrated waste vegetable oil facility in Central Florida. The Company's business plan has been to identify opportunities by which the Company can facilitate Bio-Diesel production by integrating the financial risk between Feedstock, Production, and Sales. Following up on our initial successes at Legacy Oil New York, the Company has identified a location and is currently in discussions with the first feedstock provider who will be able to supply up to 80% of the plant's initial capacity of waste vegetable oil by late Q-2 2009.
Alex H. Edwards III, Renew Energy Resources CEO, stated, "We are extremely pleased with the progress we have made in pursuing a vertically integrated solution for New York City and are extremely excited to accelerate our entry into the Florida Market. Locating in Central Florida will allow our Metro-centric approach to take advantage of both the Orlando and Tampa metropolitan areas, and will provide a natural expansion point for South Florida when appropriate." About Renew Energy Resources, Inc.
Renewable Energy Resources, Inc ("RENEW" or "the Company") is an alternative energy development company focused on converting non food based feed stocks into renewable energy. Non food based feed stocks include waste vegetable oil, corn oil, brown grease, animal fats, recycled plastics, and discarded tires. Renew is focusing on plants that are both origination and destination based. "Origination" plants are built near the feed stock source whereas "destination" plants are built near the point of use. Having a plant that functions as both an origination and destination plant simplifies logistics and creates a competitive market advantage in pricing and improved operating margins. RENEW vertically integrates renewable energy markets such as biodiesel, ethanol, solar and wind. Vertical integration will include facility ownership as well as facility management, off take contracts for the primary product produced, value added refinement of derivative products, distribution, sales, marketing and financing of export sales contracts. Management functions will include, marketing the fuels and other bi-products, maintaining a trained operational staff, OSHA compliance, quality control and all accounting functions. In return for the above functions, Renew Energy retains an equity ownership position in each project.
For more information about Renew Energy Resources visit www.renewenergy.com
Friedman, Billings, Ramsey Group, Inc. (NYSE: FBR); (http://www.marketwatch.com/quotes/fbr)
FBR Group, Inc. Resolves Status of Agency Mortgage Security 10-9-08 Friedman, Billings, Ramsey Group, Inc.has resolved the status of the agency mortgage security under a repurchase agreement with Lehman Brothers, Inc. which was referenced in FBR Group's press release on Friday, October 3, 2008. FBR Group believes that the costs it will incur in association with the resolution of the matter will be no more than approximately $4 million.
Friedman, Billings, Ramsey Group, Inc. invests in mortgage-related assets, merchant banking opportunities and is the majority owner of FBR Capital Market Corporation, a separate publicly traded company. FBR Group is headquartered in the Washington, D.C. metropolitan area. For more information, please visit http://www.fbr.com..
SOURCE Friedman, Billings, Ramsey Group, Inc.
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