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Auctions International Inc. (PINKSHEETS: AUCI)
December 12th, 2007-- Auctions International Inc. (OTC: AUCI), a technology company that owns and markets proprietary software to enable real time online auctions of virtually any product or commodity for use by the wholesale market, issued a statement from President and CEO Doug Mann regarding yesterday's volume and price change in its common stock, "No material changes in the Company or management would warrant an increase in trading volume or the sudden drop in share price that occurred on December 10th." Mann explains, "The selling pressure may have been caused by a confusion between our Company and Auctioncities.com, with whom we have no affiliation. Coincidentally, Auctioncities.com is also in the auctions business and trades on the pink sheets under the stock symbol AUCC, just one letter off from ours. Auctioncities.com indicated it would effect a 1-for-1000 reverse split on otcbb.com yesterday, and that this split would be effective today. We want to clarify we are unrelated companies to those who may have mistaken us for this company.
"Management would like to ensure shareholders that Auctions International Inc. is moving in a very positive direction. With our technology model, AUCI lets people sell, buy and advertise in real-time to close transactions quickly to take advantage of economic conditions, particularly the strong Canadian dollar, which is opening up new business opportunities in the U.S. Auctions International has completed extensive dealer testing of AutoBidLive and is now ready to take every dealer in North America live on the system. 2007 marked our entry into the commercialization phase of our technology platform, and management is very optimistic that 2008 will be a tremendous year of growth and increased shareholder value."
Through its wholly owned subsidiary AutoBidLive, Auctions International Inc. is set to bring together over 65,000 North American licensed pre-owned auto dealers into a dynamic online auction reducing their dependence on physical auctions. By utilizing state-of-the-art technology, dealers can make bids in real time, move inventory, and search and buy vehicles specific to consumers' needs. In addition to online automobile auctions for the wholesale market, Auctions International Inc. has identified multiple commodity verticals, which could benefit from its leading-edge online auction technology platform.
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Ariel Way, Inc. (OTCBB: AWYI)
December 12th, 2007-- Ariel Way, Inc. (OTC Bulletin Board: AWYI) announced today the Company has signed a letter of intent to acquire Syrei Holding UK, Ltd, a UK and Sweden based a telecom-consulting firm comprised of senior specialists and experts in the evolving global telecommunications market (www.syrei.com). The deal is forecast to add more than $7.5 million in annualized revenue and to be accretive to Ariel Way's 2008 earnings with over 10% EBITDA. The transaction, which is subject to the signing of definitive agreements and customary closing conditions, has a two-step closing process with a first expected closing in late December 2007. The terms of the transaction were not disclosed.
Arne Dunhem, Ariel Way president and CEO, said, "We are excited with the prospect of having Syrei and its highly skilled consultants to be part of our operation. Thomas Strangert's team of technical experts have over ten years successfully provided and will continue to provide services worldwide to major corporations and telecom operators. They will also add global expertise to our strategy of building a state-of-the-art highly secure Digital Signage Network and will have primary focus on markets in Europe and Asia. We expect this acquisition to be immediately accretive to Ariel Way's earnings. Further, upon the full integration of this transaction, we anticipate moving into the black at the operating income line on a consolidated basis."
Thomas Strangert, CEO of Syrei, said, "We are looking forward to working with Arne and his team to integrate Syrei with Ariel Way's strategy. We are excited about actively supporting the Digital Signage activities in Europe and Asia in addition to continue to expand our current customer base on a worldwide basis."
Syrei, founded in 1997, is a telecom-consulting firm operating out of the UK and Sweden comprised of senior specialists and experts in the evolving global telecommunications market. Syrei's management and technical experts have successfully delivered professional services to value added service providers, telecom equipment manufactures and operators in more than 40 countries around the world. Syrei is a complete solution provider and a system integrator that is able to accept the total responsibility of large and complex projects. Syrei's consultants have been brought in to advise and aid major corporations and telecom operators like Ericsson, Nokia, 3GIS, ABB, Orange, SonyEricsson, Swedbank, Tele2, TeliaSonera, TIM etc.
About Ariel Way, Inc.
Ariel Way, Inc., a Florida corporation ("Ariel Way" or the "Company"), is a technology and services company for highly secure global communications, multimedia and digital signage solutions and technologies. The Company is focused on developing innovative and secure technologies, acquiring and growing profitable advanced technology companies and global communications service providers and creating strategic alliances with companies in complementary product lines and service industries.
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Dynamic Media Holdings, Inc. (PINKSHEETS: DMHN)
December 13th, 2007-- Dynamic Media Holdings, Inc. (PINKSHEETS: DMHN) announced today that it has been granted Pink Sheets Current Information status according to the www.pinksheets.com OTC Market Tiers ranking system. By doing so Dynamic Media Holdings, Inc. wishes to keep all current and future shareholders informed and updated as to its latest developments as well as any submitted filings.
Current Information Status pertains to:
Reporting companies that submit filings to regulators with powers of review and that make the filings publicly available or non-reporting companies that make current information publicly available on the Pink Sheets News Service pursuant to Pink Sheets Guidelines for Providing Adequate Current Information (www.pinksheets.com). The Current Information category is based on the level of disclosure and is not a designation of quality or investment risk. This category includes shell or development stage companies with little or no operations as well as companies without audited financials and as such should be considered extremely speculative by investors.
About Dynamic Media Holdings, Inc.
Dynamic Media Holdings, Inc. will continue to aggressively expand in both its publishing division and its creative design & digital services division. It plans to introduce several new publishing products to the marketplace. In addition to magazines, the company is executing a strategy of using its core products to springboard and launch a diverse array of ancillary products thereby maximizing its product branding and potential. "It is a very exciting time and opportunity," CEO Schoengood states. "We plan to initiate a comprehensive strategy to the marketplace launching cutting-edge websites with a strong online presence as well as penetrating the traditional brick and mortar sectors and avenues." As part of the Company's plan for growth and diversity, we have announced our expansion into the medical education field. Dynamic Media Medical Design now offers high end graphic and web site development services to medical education firms and it plans to expand its custom services as well. "New Jersey Home & Style," its flagship magazine, is on sale in bookstores, on newsstands and in retail chains throughout the entire tri-state area. More information is available at the company's website at www.dmhninc.com.
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DM Products, Inc. www.dmproducts.biz (PINKSHEETS: DMPD)
December 13th, 2007-- DM Products, Inc. www.dmproducts.biz (PINKSHEETS: DMPD) announced today that they have just received a Letter of Intent from Linda Rose International (www.lindarose.com) for the exclusive marketing and distribution rights to all the Linda Rose Hand and Foot Care System products.
Linda Rose, founder of Linda Rose International, developed the Hand and Foot Care System products. As the world's first supermodel of hands, Linda Rose's hands have appeared in over 5,000 commercials, and have been the hands of celebrities such as Cybill Sheppard, Candice Bergen and Lauren Hutton. Ms. Rose has appeared on The Merv Griffin Show, David Letterman, Jeopardy, To Tell the Truth, and most recently on Oprah.
"We're not only excited, but are honored to have been given the opportunity and commitment from Linda Rose for the Exclusive Rights to market and distribute this incredible product line," said Kurt Cockrum, President and Chairman of the Board of DM Products, Inc. "Linda Rose has a history of success and an incredible story behind her products, which we intend to share with the next generation."
DM Products, through its wholly owned subsidiary, Direct Success, Inc., develops, finances, produces, markets, and distributes unique and innovative health, beauty, cooking, fashion, fitness and other products for sales through infomercial marketing and distribution channels.
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Bolivar Mining (Pink Sheets:BOLV)
December 12th, 2007-- Bolivar Mining (Pink Sheets:BOLV) announced today that it has reached an understanding to explore and drill four additional gold bearing targets in southern China in the first half of 2008. The Company announced earlier that it has acquired a 40% interest in one of the Gold producing area, Red Dragon 1. Red Dragon 1 is one of four mine sites at the Red Dragon Property.
The drilling and production license for the Red Dragon Property was issued by the provincial government of the Guangdong Province. The license is valid for three years, after which it will be renewed provided all the parties involved comply with rules and regulations. The drilling and production permit encompasses area identified in the original application, which management believes contains substantial gold reserves.
"Obtaining mining permits in China is a lengthy, costly, and complicated process," said Bolivar Mining CEO and President, Arshad Shah. "China can be a challenging place to do business. Governmental and industry contacts are essential to establish business relationships and accomplish critical milestones and fulfill our obligations. Through our Chinese joint venture partners, we have firmly established our presence in the region. We are very pleased to report on our approval from the provincial government in the Guangdong Province to drill and explore these three gold deposits. We are very excited about the enormous potential in this region."
About Bolivar Mining:
Bolivar Mining Corp is an exploration and mining company pursuing global mining prospects in five countries on three continents. By streamlining operations, BMC will have opportunities to operate in areas where larger mining companies cannot operate profitably. For more information, visit www.bolivarmining.com.
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