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First National Entertainment Corp, Inc. (Pink Sheets: FNAT) (Wed, February 27th, 2008, 8:00am ET) First National Entertainment Corp, Inc., a U.S. based independent oil and gas company, is announcing it has negotiated to participate in the Dunaway #1 Well in Seminole County, Oklahoma.
First National Entertainment Corp. has agreed to participate in the recompletion of the Dunaway #1 well and an 80 acre lease in Seminole County, Oklahoma. The Dunaway #1 well was originally drilled to a depth of 3200' and has produced from the Viola Lime and Calvin Sands formations. The Dunaway #1 is located in the highly prolific Seminole County in central Oklahoma. First National has established the work-over procedure and will hire contract operator Proem Energy Management to perform the recompletion procedures. Work is scheduled to begin in the spring 2008.
Potential production of both gas and oil at today's energy prices makes this opportunity a perfect fit for First National Entertainment's strategy of building a low risk portfolio of oil and gas assets one well at a time, creating cash flow for the company while mitigating risk through recompleting wells in well established production areas that have extensive infrastructure of gas sales lines to get product to market immediately.
First National Entertainment Corp. is a publicly traded independent oil and gas company. The company is focused on maximizing shareholder value by building a diversified portfolio of oil and gas assets in the Appalachian Basin, Texas, and Oklahoma.
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CSMG Technologies, Inc. (OTCBB: CTUM) (Thu, February 28th, 2008, 10:15am ET) CSMG Technologies, Inc. President and CEO Donald S. Robbins today announced that four nationally recognized U.S. surgeons have joined its subsidiary, Live Tissue Connect ("LTC"), forming LTC's first US Medical Advisory and Training Council.
"As we move into commercial markets it is imperative our medical advisors are highly qualified surgeons to advise, demonstrate and train surgeons. We are very pleased that our first four members are internationally recognized surgeons, have outstanding credentials in their respective specialties, and have a long history of success in new medical device development, testing, training, and providing advice to medical device companies. We welcome the opportunity to work with Dr. Joseph E. Kutz M.D., who will chair the group, and is joined by Dr. Robert D. Tucker, Ph.D.; M.D. Ronald Latimer; M.D. F.A.C.S., J. Glenn Bradley, M.D. F.A.C.S.," said Mr. Robbins.
LTC's President, Frank D. D'Amelio, added, "The formation and advice from such a stellar Medical Advisory Council is an integral part of a successful product launch. We are fortunate to have access to experienced medical experts who also understand the product development process and who have a grasp of the business aspects surrounding medical device development. LTC essentially has over 140 years of cumulative surgeon experience to help guide us through the clinical decisions that we'll be making over the coming years."
Chairman: Joseph E. Kutz, M. D. is co-founder of the Kleinert, Kutz and Associates Hand Care Center, PLLC, Louisville, Kentucky and is an internationally recognized hand micro surgeon. Dr. Kutz is a Clinical Professor of Surgery (Plastic and Reconstructive Surgery) and Clinical Professor of Surgery (Hand) at the University Of Louisville School Of Medicine. He is Certified by the American Board of Surgery and Certification of Added Qualifications in Surgery of the Hand. He is Affiliated with 15 hospitals. Dr. Kutz has 78 published papers on Surgery which include co-author of a number of text book chapters and Grabb's Encyclopedia of Flaps. He is a member of 27 US and International Professional Organizations and has received a number of awards and honors including Ephraim Mc Dowell Physician of the Year award. Dr. Kutz has received 39 special appointments which included Chairman, Board of Trustees, Spalding University and Medical Staff President, Jewish Hospital. He received his Doctor of Medicine at the University of Michigan Medical School and has more than 35 years of surgical experience. The Kleinert, Kutz and Associates Hand Care Center sees approximately 8,500 new patients each year and performs over 6,800 surgical procedures, as well as training more than 1,600 Fellows from more than 50 Nations.
Robert D. Tucker, Ph.D., M.D. received his Ph.D. from the University of Minnesota in Biophysics in 1975, and received his M.D. degree from the University of Nebraska Medical Center in 1978. He specialized in Pathology at the University of Minnesota Medical Center and the Minneapolis Veterans Administration Hospital from 1978 to 1983. Dr. Tucker joined the staff at the University of Iowa College of Medicine in 1983 and is currently an Associate Professor of Pathology and an Adjunct Associate Professor of Biomedical Engineering. He has authored 67 peer reviewed scientific papers and 10 book chapters. Dr. Tucker has made over 70 scholarly presentations at national and international meetings. He has 10 patents and patents pending. In 1988, Dr. Tucker stopped clinical work at the University of Iowa Hospital to devote full time to research and development of medical devices. Dr. Tucker's primary interest has been the control of surgical bleeding through the use of radio frequency devices and collagen based tissue glues. Since this time he has been a scientific consultant to Johnson and Johnson, Bard, Tyco, Valleylab and Pfizer. His primary business interest has been small medical device start-up companies. He has been actively involved in product development, FDA approvals, managing clinical trials and venture fund raising.
Ronald Latimer, M.D. F.A.C.S. After Dr. Latimer received his M.D. from George Washington University in Washington, DC, he honorably served in the United States Navy reaching the rank of Lieutenant. Following his military service he completed his residency training at the L.D.S. Hospital, in Salt Lake City, UT. Dr. Latimer then completed a Fellowship in Transplantation at the University of Utah Medical Center and served as the Chief Resident in Surgery at LDS Hospital from 1969 to 1970. He has held numerous professional appointments including President of the Southern California Chapter of the American College of Surgeons and Associate Director of General Surgery Training at the L.D.S. Hospital in Salt Lake City. He is currently a member of eight medical societies holds staff appointments at Santa Barbara Cottage Hospital and is Chairman of the Cottage Hospital Medical Advisory Panel. He has authored over 29 clinical papers published in major medical journals, and is a leading expert in General, Colon, and Breast surgery. Dr. Latimer played a key role in the development of linear and annular staplers for use in general surgery applications.
J. Glenn Bradley, M.D. F.A.C.S. After graduating from the University of Ottawa Medical School in 1965, he interned at Harbor-UCLA medical center. Subsequently, a year in general surgery in Ottawa was followed by a four year residency in Obstetrics & Gynecology at Harbor/UCLA/ City of Hope medical centers. Dr. Bradley then joined the Santa Barbara Clinic, in 1971, and practiced general Ob/Gyn for 19 years. The emergence of minimally invasive surgery (MIS) in 1990 led him to private practice, to pursue this special technology. Dr. Bradley pioneered the introduction of operative laparoscopy in the Tri-counties area of the Central Coast. His passionate interest in MIS was shared through innumerable teaching programs throughout the United States. He also lectured in Canada, Ireland as well as conducting an extensive course in operative laparoscopy in Moscow. Dr. Bradley was a contributing author to an award winning manual on ambulatory surgery, and has been a consultant to several companies involved in instrument development for minimally invasive surgery.
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GoFish Corp. (OTCBB: GOFH) (Wed, February 27th, 2008, 8:29am ET) GoFish Corp. (www.gofishcorp.com) was featured yesterday on CNBC's "Power Lunch," a business show that takes an up-close and personal look at the companies, people, and hot trends driving the markets and influencing Wall Street and the economy. During the segment, the show's host, Sue Herera, interviewed Tabreez Verjee, President of GoFish, to discuss how GoFish helps youth-focused sites monetize their audience through online brand advertising targeted to kids, teens, and tweens. The video interview is available at: http://www.cnbc.com/id/15840232?video=664965803. For a text only version of a related interview, please visit: http://www.cnbc.com/id/23353552/site/14081545/.
When asked how the company monetizes its idea, Mr. Verjee explained that the company works with leading websites in the youth category and aggregates these sites into a "one-stop-shop" for advertisers to reach their target audience. This approach takes advantage of the highly fragmented online landscape where many strong players compete for audience share against the portals and other top destinations. Mr. Verjee commented, "We can go beyond just banner advertising and offer an immersive and engaging solutions to advertisers. In the gaming category, we are anchored by the world's largest gaming site, Miniclip, which can create a custom game around the advertisers brand or characters."
Kids, teens, and tweens represent an important consumer segment with an estimated $80 billion in annual aggregate income and the ability to influence an additional $225 billion in spending by their parents. The fraying of traditional business models is occurring at an accelerated rate as kids, tweens and teens spend more time online than ever before. Advertisers, are eager to access this lucrative market, and can benefit from the targeted advertising approach, offered by GoFish.
The company recently announced the launch of the GoFish Network, a vertical entertainment and media distribution network, that will help marketers reach 18.2 million unduplicated online U.S. users* with a high concentration of six to seventeen year-olds. In less than 7 months, the GoFish Network has become the third-largest youth opportunity for blue-chip advertisers.
In addition to providing advertisers with one-stop reach to the youth market, the Network will distribute quality broadband content across its network, generating additional branded inventory that will support all forms of online advertising including rich media and video.
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Marine Exploration, Inc. (Pink Sheets: MEXP) (Wed, February 27th, 2008, 5:42pm ET) Marine Exploration, Inc. is pleased to report that Burt D. Webber, Jr., at the helm of its Joint Venture Partner, Hispaniola Ventures, LLC, has worked directly with Geometrics, D&B Enterprises and Ocean Images, Inc. on the design, development and testing of two custom diver operated G-882 cesium Magnetometer systems that will be used in the survey and location of the target vessels. This system includes a newly developed wooie generator board that translates the sensor output data stream into LED numerical readout of the total magnetic field and comparable audio signals to the diver's headset.
Additionally, Webber was the innovator of the first diver operated cesium magnetometers developed by Varian & Associates in 1978. The new, one-of-a-kind Magnetometer system to be used in the Dominican Republic expedition will provide invaluable technical aids to Webber's team, the likes of which have never existed before.
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