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Our Stocks to Watch include: Arctic Oil and Gas Corp. (AOAG.PK), MaxWiFi Communications (MXWF.PK)
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Arctic Oil and Gas Corporation - AOAG.PK
Detailed Quote: http://www.greenarrowstock.com/greenboard/msboard3/msga.asp?bid=111
Message Board: http://www.greenarrowstock.com/greenboard/msboard3/msga.asp?bid=111 Arctic Oil and Gas Corp. Completes Name Change to Placer Gold Corp.
LAS VEGAS, NV--) -- Arctic Oil and Gas Corp. (Other OTC:AOAG.PK - News) announced today that it has changed its name to Placer Gold Corp. and has requested a new cusip number and trading symbol from the NASD. The name change reflects the company's current and future strategy to develop its alluvial gold resources.
Management, along with the company's joint-venture partners, will meet with a number of investment bankers in Zurich later this week who have expressed strong interest in funding the company's Norton Sound and Onshore Nome Placer Gold Projects.
CEO Peter Sterling commented, "In light of the encouraging drill sample results combined with the increasing market demand for gold, our company is increasingly well-positioned to move forward with its plans of becoming a profitable gold producer over the near term. We executed this name change to ensure that our shareholders and partners know that we are fully committed to developing our gold resources." About Placer Gold Corp.
Placer Gold Corp. is focusing on developing its gold resources by pooling its Norton Sound OCS applications of which it is an 80% equity partner into the new 50%-50% profit-sharing joint-venture with the RE-Shell Concha Holdings group, a long-established gold dredging-engineering group, whose principals have produced millions of ounces of gold utilizing suction-cutter ocean going dredges of their own design. The drill samples taken by Westgold and others estimated a total gold resource of approximately 3.3 million ounces in the Nome offshore placers within the tested portion of the auriferous State waters placer area partially covered by the JV leases.
See the historical Nome drill sample data in a report published here: http://www.scribd.com/doc/10120873/Nome-Offshore-Placer-Drill-Data.
The JV partners intend to finance and develop two or more large-scale placer mines starting on the JV-granted State leases, commencing gold production in 2009-2010.
Additional placer gold prospects are being sought in Pacific regions accessible by sea, in order to utilize the planned offshore gold dredges during the Alaska winter months when ice prevents mining operations.
Please visit www.arcticoag.com This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Actual results may differ from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks associated with resource exploration risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, commercial agreements, acquisitions and strategic transactions, government regulation and taxation. More information about factors that potentially could affect Placer Gold Corp.'s financial results is included in its filings with the Securities and Exchange Commission.
Contact: Contact: Peter Sterling 323-356-7777 Email Contact .
MaxWiFi Communications(AutoMax Group Inc.) - MXWF.PK
Detailed Quote : http://www.greenarrowstock.com/greenboard/msboard3/msga.asp?bid=203
Message Board: http://www.greenarrowstock.com/greenboard/msboard3/msga.asp?bid=203
AutoMax Group Inc. Signs Inventory Supply Agreement With Atlanta Auto Showcase
MARIETTA, GA -- Mr. Jake Kern, President of AutoMax Group Inc. (Other OTC:MXWF.PK - News), is pleased to announce today a new strategic alliance with Atlanta Auto Showcase of Marietta, Georgia for the purpose of supplying inventory to Atlanta Auto Showcase.
We are estimating 40-50 units per month to be sold to Atlanta Auto Showcase which will possibly generate an anticipated up to $400,000 in additional gross monthly sales. This is a new avenue of generating revenue without increasing overhead, with plans to acquire additional similar allegiances in the future.
Atlanta Auto Showcase is one of Atlanta's Premier luxury used vehicle dealers, specializing in providing luxury vehicles for any budget and averaging approximately 150 units sold per month. AutoMax President, Jake Kern, stated that the terms of this deal are a strong and lucrative move for AutoMax Group, in that it utilizes a scaled down overhead model that doesn't include more and larger locations with increasing overhead to generate the same expansion.
"In our expansion efforts, we have aggressively sought out these allegiances which will provide multiple outlets for our growing inventory channels, while utilizing a minimum overhead approach and providing outstanding service to Atlanta Auto Showcase as well as our customers." AutoMax Group is pleased to announce that the first step in this phase of our expansion effort has been completed.
As part of AutoMax Group's new expansion efforts, AutoMax has targeted the luxury vehicle segment of the Atlanta Market with this allegiance. Further allegiances will target the Domestic and Import vehicle segments of the market. By providing the inventory needs to each of these segments in the Atlanta market, these strong allegiances and multiple additional sources of revenue can form a key part in the expansion plans of AutoMax Group Inc. Mr. Jake Kern, President of AutoMax Group Inc., has expressed his excitement in developing this new scaled down overhead model as a source of additional revenue. As we move towards opening our new location, and for long beyond that, this new and unique strategy can serve to bolster our bottom line in a most aggressive fashion, as it is a win/win/win scenario for all parties involved.
Work continues as AutoMax Group Inc. makes the transition to the new location with the Grand Opening to be announced in the near future. Our new website is currently under construction to include investor relations and current inventory. Please visit us at www.automaxgroup.net. Maximize your car... Maximize your credit.
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