Are you a public company looking for exposure?
Contact RealPennies.com - 1.800.940.6559
For more info: http://cprk.realpennies.com
COPPER KING MINING (OTC: CPRK)
Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.
May 27 - Copper King Mining Corporation Provides Project Updates
Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and exploration company located in Southern Utah, announced further updates concerning its mining and processing operations near Milford, Utah.
Copper King announced today that the Flotation's Mill's prime electrical contractor, A&F Electric of Milford, Utah, commenced electrical wiring in the Mill by installing high efficiency electric overhead lights and associated wiring. Bruno Engineering provided the design and the electrical engineering for the Mill's substation and adjacent buildings. Toshiba Corporation provided the design and engineering for the high tech, cutting edge computerized Mill control system that will operate the Mill's entire operations circuit. Completion is scheduled for late summer 2008.
For more info: http://gnau.realpennies.com
GENERAL AUTOMOTIVE COMPANY (OTCBB: GNAU)
General Automotive Company is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products at multiple levels of distribution throughout the United States and internationally. Through its two wholly owned subsidiaries, Global Parts Direct and OE Source, the company focuses its efforts on utilizing its relationships with manufacturers in China, Korea and Japan to bring state-of-the-art automotive parts, accessories and products to automobile manufacturers and major parts distributors in the U.S. For more information on GAC and its products, visit www.generalautomotive.com.
May 27 - General Automotive Revenues Increase 51 Percent for First Quarter 2008
Substantial Sales Increase Reflects Growing Demand for Replacement Parts
General Automotive Company (OTCBB: GNAU) ("GA"), a provider of original equipment and aftermarket automotive parts, mobile electronics and related products, today reported financial results for its first quarter ended March 31, 2008.
Revenue for the 2008 first quarter rose 51% to $4.07 million from $2.69 million in the 2007 first quarter. Gross profit for the 2008 first quarter was $345,000 compared to $482,000 in the prior-year period. The company recorded a net loss of $504,000, or $0.07 per diluted share, compared to a net loss of $443,000, or $1.15 per diluted share, in the 2007 first quarter.
CFO Harry Christenson added, "Our selling, general and administrative expenses were consistent for the two comparative three-month periods ended March 31, 2008 and 2007. Although we achieved certain expense reductions in our day-to-day operations, they were offset by the new costs of being a public company of approximately $217,000. We recorded expenses of approximately $28,000 for the value of stock issued as compensation for services in the three months ended March 31, 2008 as compared to $312,000 in the same period of 2007. However, net loss improved by only approximately $148,000, due primarily to reduced gross profit margins."
For more info: http://glcc.realpennies.com
GOOD LIFE CHINA CORPORATION (OTC: GLCC)
Good Life China Corporation operates a rapidly growing chain of franchised convenience stores based in Hebei Province, China. It employs advanced retail concepts such as e-commerce enabled POS/back office systems, and achieves significant economies of scale on the supply side of the business. It will be expanding geographically to neighboring Provinces, as well as offering a growing number of additional products and services, such as financial products, as it moves forward. The Company's North American operations comprise a number of online sub prime financial services, including; the Money Lending Business.com; Forex Trading; and Advanced Electronic Funds Management.
GLCC News:
May 27 - Good Life China Corp Greets Director of German and East Asia Trade Relation
Goodlife China Corp. (OTC: GLCC) announced that it has completed its meetings and discussions with Mr. Gerhaman Mire, Director of German and East Asia Trade Relation Dept. The German delegation visited the headquarters of Goodlife in Hebei accompanied by Director of market system construction department of Hebei Commerce Ms. Ma Zhongyu, and the Deputy Director of International relation department of Hebei Commerce Mr. Gu Sanlong. Mr. Gerhaman Mire was particularly interested on the exploration of rural market by Goodlife. Mr Mire expressed praise to the mode of the e-business operation and logistics distribution of Good Life.
Ms. Dong Mai Jia, Good Life CEO, said "Good Life has entered into a tremendous growth stage. Just to put all of this in focus, our Distribution Turnover to Stores, from 2005 to the first quarter of 2008 are as follows:
2005: RMB 0.23 billion 2006: RMB 0.42 billion 2007: RMB 0.80 billion First quarter of 2008: RMB 0.31 billion
We do not hide the fact that we are disturbed by the recent unexplained massive and rapid share price decline. We are exploring every opportunity to see our share price resumed or returned to its previous levels. This has become GLCC and our IR advisory team's top priority. If this means moving to another exchange, doing a spin off or a split off, we are examining all of our options as we move forward towards reaching our goals."
For more info: http://novo.realpennies.com
NOVORI INCORPORATED (OTCBB: NOVO)
Founded in 2004, Novori (www.novori.com) is a leading online interactive retailer of diamond engagement rings and fine jewelry. Launched in 2005, the Novori brand provides consumers with superior customer service and a better way to buy diamond jewelry. Novori prides itself on the highest quality standards in the industry and offers consumers unique online tools that allow them to explore, build and purchase their own custom made diamond rings in a way not previously offered by traditional retailers. Novori offers thousands of independently certified diamonds, settings and fine jewelry at prices significantly below traditional retail.
NOVO News:
May 27 - Novori, Inc. Announces Intent to Merge With Zalemark, Inc.
Novori and Zalemark Create Brand Strategy With New Revenue Streams
Novori Inc. (OTCBB: NOVO), a leading online interactive retailer of fine diamond engagement rings and jewelry, announced that it has entered into an agreement with intent to merge with Zalemark Inc. The merger, which is subject to negotiation and execution of binding definitive documents, satisfaction of certain conditions precedent, approval by Novori shareholders and other ordinary and customary closing conditions for a transaction of this type, is anticipated to close June 21, 2008.
Since branding Zalemark in 2002, the Sherman Oaks, California-based design firm, headed by its dynamic CEO, Steven Zale, has developed its labels to include a diverse and impressive portfolio of premium branded jewelry collections, a growing number of which are celebrity endorsed. The firms licenses include the successful Seventeen Jewelry Collection . Zalemark's latest planned launches - a Bridal line and Couture line under the prestigious Badgley Mischka label and a fashion fine jewelry collection under the Hearst licensed ESQ brand - is debuting at the Couture Show, Villa 301, Wynn Hotel and Casino in Las Vegas, May 28-June 2. Further information on these lines and their debut schedules will be released as confirmed.
Steven Zale, Zalemark Design Director, states, "This agreement with Novori is a significant, exciting milestone in broadening our brand strategy and expanding our distribution through an exclusive direct marketing channel for our jewelry. While the brick & motor retail channel will remain a primary focus, we believe the internet will create new global opportunities to expand our consumer product selection and drive traffic to the independent retail stores as well as Novori's website. We expect this new marketing initiative will allow us to generate new revenue streams. Together, we are committed to setting very aggressive financial targets because of the consumer metrics that exist in the companies. We believe the synergies combined by both companies will become a significant driver of our revenue growth, while enhancing shareholder value."
Mark Neild, Novori CFO, said, "We view this merger not only as an exciting next step for Novori, but as a revolutionary step that dramatically amplifies the paramount character of Novori. While Novori will actively continue as a leading online retailer of high quality diamonds and fine jewelry, we will now also become a leader in the brand jewelry industry with licensing for established brand names such as Badgley Mischka , ESQ , Demeter and Seventeen . We will develop and manage the official jewelry websites for these major brands utilizing our existing online strengths and technologies to drive online sales for those brands. Simultaneously, we will be distributing these brand products through over a thousand brick and mortar retail locations throughout the country giving us a major revenue stream."
ABOUT ZALEMARK, INC.
www.zalemark.com is a Sherman Oaks, CA-based manufacturer of fine jewelry. Steven Zale, award winning jewelry designer and Chairman of the company, saw that the future of the jewelry industry was in branding and in 2003, Zalemark launched the Demeter line endorsed by supermodel Rachel Hunter. Zalemark stands for the ideals of free-trade, the use of conflict-free stones, and the quality of fine craftsmanship. Zalemark's most rewarding achievements have come from their support of Operation Smile, a non-profit global organization that performs free reconstructive surgery on children in need with facial deformities. Zalemark donates a percentage of total sales of its Demeter collection to this charity, as well as 30% of each sale of its Operation Smile logo pendants.
Read our full disclaimer at: http://www.realpennies.com/start.html
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html
Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
Sitemap: http://www.realpennies.com/sitemap.html
Sponsored by: http://www.isthemarketopen.com
RealPennies .
Telephone: 1-800-940-6559
Matt /at/ realpennies.com
No comments:
Post a Comment