Turning Pennies into dollars: (Pink Sheets: RVGD), (Pink Sheets: BVRG), (OTCBB: AAGH), (OTCBB: NNPP).
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Revenge Designs, Inc. (Pink Sheets: RVGD) (February 29th, 2008), a specialty car designer and production assembler, announced today the results of discussions with Signature Leisure, Inc., regarding outstanding promissory notes and the ownership interest Signature Leisure holds in Revenge Designs, Inc.
Both parties have agreed to the following terms:
The 2.4 million preferred shares, which represent the ownership interest of Signature Leisure in Revenge Designs, will be issued as a dividend to Signature Leisure, Inc. shareholders. The preferred stock dividend will be restricted for a period of 1 year starting on March 1st 2008 and ending March 1st 2009.
Revenge Designs, Inc. is pleased to announce that it has successfully satisfied in full the remaining promissory note held by Signature Leisure, Inc., in the amount of $107,000.
Upon the execution of the above, Signature Leisure, Inc. will no longer have an ownership interest in Revenge Designs, Inc.
The current issued and outstanding shares of the company are currently 865,564,603 shares with 14,794,064 shares restricted. The company will be making further announcements regarding its financing activities, expansion plans and updates on current operations shortly.
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Beverage Creations, Inc. (Pink Sheets: BVRG) (February 28th, 2008), a hydration technologies corporation based in St. Paul, MN, announced today that it is on schedule and has received the necessary funding to begin the manufacturing of its patented bio2TONIC product. Upon the completion of its initial production, BVRG will begin to execute on its marketing plan, which includes launching in select targeted metropolitan cities across America. The product will be available soon through designated special event venues and through the Company's web site. Estimated "in-store" supply will be rolled out according to the company's city-wide geographic distribution plan.
Unlike other beverage products, bio2TONIC is a highly engineered product. Each component module is made to custom specifications and is dependent on the other - making it a totally integrated bottle.
"We are currently in production and we look forward to fulfilling the anticipated consumer demand for our revolutionary product. The production components for both the oxygen and water compartments are currently in production according to our specifications. Once these finished components are received at our bottling plant, we will immediately start to produce the finished bio2TONIC product for our targeted customer distribution streams," states Patrick Dado, Chief Operations Officer, Beverage Creations.
bio2TONIC is a new breed of beverage category that combines two components, Aqua Fuel and Oxygen Fuel, in one bottle. These components combine to provide a synergistic approach to a new level of hydration called "Energized Hydration".
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Asia Global Holdings Corporation (OTCBB: AAGH) (February 28th, 2008) announces that Idea Asia Limited (Idea Asia), a wholly own subsidiary of AAGH, will take charge of the development of the Company's TV Entertainment business segment. Mr. Dominique Ullmann, executive director of Idea Asia, leveraging his strong experience in the industry and well established business network in the region, will be in charge of the overall strategy and execution to ensure the greatest success.
"I am delighted to be on board as the executive director of Idea Asia and am excited about the opportunities ahead of us. The TV entertainment market in China is certainly dazzling. On the viewer side, research indicates that the demand for quality programs is as strong as ever. The audience will no longer settle for just the usual drama series, they now hunger for a greater variety of innovative and enjoyable entertainment programs. On the other hand, the advertising landscape in China remains fragmented, marketers are vying for suitable channels to reach the proper target segment cost effectively," stated Mr. Ullmann.
When asked about the goals and milestones of Idea Asia in 2008, Mr. Ullmann said, "Having established ourselves as a professional, international standard execution team among the industry, our first step would be to go out and acquire successful international TV formats to be broadcasted in China. In fact, this has already been underway and we expect to make meaningful progress in the near future. Secondly, we will continue to strengthen our existing relationships with major TV broadcasters to ensure effective distribution for our programs. Furthermore, we will set up a professional sales task force to actively seek advertising dollars from marketers and media buyers in order to maximize the group's revenue and shareholders' interests.
"The upcoming Olympics in Beijing is perhaps the largest media event in the history of China bringing the country to the center of the world stage, adding fuel to the already flourishing TV entertainment market. We will certainly explore various avenues to capitalize on the opportunities. With our unique role as an international team with proven industry experience in China, I am very confident that we are well positioned for success," added Mr. Ullmann.
For more info: http://nnpp.realpennies.com
Nano-Proprietary, Inc. (OTCBB: NNPP) (February 28th, 2008) Austin, Texas-based Nano-Proprietary, Inc. announced that its subsidiary Applied Nanotech, Inc. ("ANI") received a notice of allowance for its patent titled "Nanobiosensor and carbon nanotube thin film transistor." This patent is one of the basic patents that covers a wide variety of biosensor applications and will protect our nanobiosensor platform. For more information on our biosensor technology, see our press release dated October 21, 2003.
This patent combines a sensing element with a thin film transistor structure to report and measure the results. The sensing element is comprised of a combination of conductive polymers, enzymes, and non-aligned carbon nanotubes deposited using a low-cost process. The thin film transistor amplifies the signal of the sensor and provides integration between the sensing capabilities and nanoelectronics. For more information about ANI's thin film transistor approach please see "Solution-deposited carbon nanotube layers for flexible display applications" published in Physica E 37 (2007), pages 119-123, and originally published on September 11, 2006. The claims in this patent represent and protect ANI's technology for integrating carbon nanotube-based nanoelectronics with organic and living matters.
"This is a perfect example of the interdisciplinary nature of nanotechnology, an area where ANI excels," said Dr. Zvi Yaniv, Chief Executive Officer of Applied Nanotech, Inc. "The integration of organic molecules and nanoparticles can create exciting new technologies which have potential to benefit the human race."
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