Showing posts with label (OTCBB: TAMO). Show all posts
Showing posts with label (OTCBB: TAMO). Show all posts

Monday, March 3, 2008

(OTCBB: JADG), (OTCBB: TAMO), (OTCBB: GSPG), (OTCBB: ENEI).

Turning Pennies into dollars: (OTCBB: JADG), (OTCBB: TAMO), (OTCBB: GSPG), (OTCBB: ENEI).

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For more info: http://jadg.realpennies.com

Jade Art Group Inc. (OTCBB: JADG) (March 3, 2008) announced yesterday that Jiangxi SheTai Jade Industrial Co., Ltd. ("JST"), its wholly-owned subsidiary and owner of 90% of the distribution rights for the SheTai Jade mine, one of the largest jade mines in China by reserves, signed a sales agreement for the distribution of raw jade with QiYuSheng ShiBao Jade Company Ltd. ("QYSB").

The agreement commits QYSB to purchase a total of 4,500 tons of raw jade of various qualities from JST for US$14.4 million over the next year. QYSB is responsible for shipping of the raw jade material, as well as any associated costs. Similar to past agreements, JST will receive 30% of the contracted value of each shipment before delivery, with the balance paid upon final inspection and approval by QYSB. JST's performance is subject to risks of delay, stoppage or other production difficulties associated with a third-party supplier of raw jade that are outside its control.

Located in PuTian City, Fujian Province, QYSB is a large local jade supplier that was recently recognized as the "industry base of jade jewelry in China" in 2007. Currently, there are 1,000 jade and jewelry companies in PuTian, creating a strong community committed to the design, production and sale of jade. PuTian's annual jade production is valued at approximately US$2 billion and it is recognized as China's largest distributor and exporter of jade.

Through this agreement, QYSB will be purchasing SheTai Jade. SheTai Jade is sourced through JST's exclusive distribution right agreement with Wulateqianqi XiKai Mining Co., Ltd. ("XiKai"), enabling JST to sell 90% of the raw jade material produced from XiKai's SheTai Jade mine for the next 50 years. The SheTai Jade mine's reserves are unique, in that they include some of the oldest (formed approximately 1.8 billion - 2.4 billion years ago) jade ore found in China and are considered to be of the highest quality in terms of rigidity and relative size of its pieces. SheTai Jade is as hard as quartz, with a degree of hardness between 7.1 and 7.3 on the Mohs scale, which is much higher than that of most jade. In addition, SheTai Jade is abrasion resistant, smooth and highly reflective. The green is pure and the gems are translucent, with a glassy luster. Due to its characteristics, SheTai Jade has a broad spectrum of applications. It can be used in commercial construction, decorative jade artwork, as well as intricately carved jade jewelry.

Hua-Cai Song, CEO of Jade Art Group, remarked, "Jade Art Group has developed quickly over the past several months. Our distribution right agreement with XiKai provides us with a stable and long-term supply of jade from one of the largest jade reserves in China. Jade Art Group's five sales agreements to-date represent expected future sales of US$37.5 million. By signing this sale agreement with QYSB, we have expanded our sales network to include PuTian city. We plan to develop this relationship in the future by supplying enough jade material to satisfy the region's large jade processing needs."

About Jade Art Group Inc.

Jade Art Group Inc., with the formation of Jiangxi SheTai Jade Industrial Co., Ltd., its wholly-owned subsidiary, is focusing its business-model on the distribution of raw jade sourced from the SheTai Jade mine in China. This mine has one of the largest jade reserves in China and is owned by XiKai, with which Jade Art Group signed an agreement to acquire exclusive distribution rights to sell 90% of the SheTai Jade produced from the mine for the next 50 years. Several national jade experts have noted the perceived superiority of SheTai Jade as compared to the other existing varieties of Chinese jade.

For more info: http://tamo.realpennies.com

Tamm Oil and Gas Corp. (OTCBB: TAMO) (February 28, 2008) is pleased to announce the Company has acquired 100% ownership of 21 contiguous sections of land totaling 13,440 acres in the Peace River Oil Sands Area of NW Alberta. The company acquired 100% working interest in mineral rights on these lands which are prospective for heavy oil in the Debolt, Elkton and other formations.

These Manning Area properties were acquired by Tamm Oil and Gas at a land sale in December 2007. Initial internal analysis indicates that these sections should hold prospective for significant amounts of heavy oil in the Debolt, Elkton and other zones.

"This is another major leap forward for Tamm. Our team has proven that it is very adept at locating and securing some of the most promising oil sands properties available. Over the last few months, we have managed to acquire direct and indirect ownership in 90 sections of leases and licenses. With oil prices hitting new record highs on a consistent basis, we have quickly positioned Tamm to potentially be a major player in the Canadian Oil Sands supply chain for years to come," says Wiktor Musial, President of Tamm Oil and Gas.

The addition if the Manning Area Sections further enhances Tamm Oil and Gas' position as a major up and coming player in Alberta's exploding oil sands boom. The company's consulting geologist believe that these properties have the potential to hold as much as 1.2 billion original barrels of oil in place between the various zones with the majority in two specific zones.

These estimates do not include any potential oil reserves with in the Bluesky formation, which the company intends to evaluate in the future.

"We plan on taking immediate steps to acquire all of the data necessary to begin exploring our new Manning Area properties. We are already working to acquire trade data seismic for the adjoining properties in an effort to analyze them for potential later acquisitions as well as to optimize our planned drilling/coring program. Our current plans call for a three to five well coring program with an additional 20 to 30 kilometer seismic program to supplement that coring data over the winter season of 2008-2009 to quantify the potential resource," adds Musial.

For more info: http://gspg.realpennies.com

GoldSpring, Inc. (OTCBB: GSPG ) (February 28th, 2008) announced that it has received positive, third-party assay data for the two exploratory holes drilled during January 2008 in the Hartford Complex in the Comstock Lode District of Nevada.

In holes 2008-01 and 2008-02 the assay data shows ore grades much higher than those previously encountered by the Company, and a solid progression from the assay data issued in January 2008 on the first four exploratory drills.

Jim Golden, GoldSpring's chief operating officer stated, "We are delighted with the results of the fifth and sixth exploratory holes, as they contain a higher grade of both gold and silver than what was previously discovered in the first four holes of this program. We are particularly excited that the grades of silver per ton are growing very significantly."

Golden continued, "The holes drilled in January 2008 demonstrate healthy silver and gold mineralization continuing 200 feet north of the initial four holes we drilled in December 2007, and 200 feet toward the south. It is important to emphasize that the grades GoldSpring is encountering in the current drilling program are much higher quality than the grades previously mined, and are progressively improving."

Rob Faber, GoldSpring president and chief executive officer said, "The data from American Assay provide a strong indication of additional mineralization in the Hartford Complex. Based on the strong results, a second reverse circulation drill is now on site to accelerate the drilling program. The second drill will be used to further delineate the ore body as it trends toward the north, while the first drill will continue to expand and delineate the size of the ore body in the south. We are further encouraged that the size of the ore body appears to be expanding. The phase one drilling program is bringing the Company an important step closer to our scheduled resumption of mining the Hartford Complex in the summer of 2008."

Overall, the GoldSpring team is pleased with the results of the first six holes in the phase one drilling program. The Company believes these results should continue and intends to release additional independent data from the phase one drill holes as they are assayed.

Exploratory Drilling Results Table The Company's current drilling plan is located on Northing 771600. The first two holes of 2008 are located 100 feet and 200 feet north of the mineralized zone established by the Company's four December 2007 exploratory drill holes. Assayed data received to date for the Company's phase one drilling program are highlighted in the table.

For more info: http://enei.realpennies.com

Ener1, Inc. (OTCBB: ENEI) (March 3, 2008), the automotive lithium-ion battery subsidiary of alternative energy company Ener1, Inc., announced yesterday that it will appear on the exhibition platform of Think Global at the 78th International Motor Show in Geneva. EnerDel CEO Ulrik Grape will join the Norwegian electric auto manufacturer during the event's media preview days March 4-6 at booth 6410 to discuss EnerDel's lithium-ion battery system under development for the Think City electric vehicle.

The Motor Show will take place through March 16 at the Geneva Palexpo. It will include approximately 130 worldwide and European premiers from a broad range of industry sectors. Industry exhibitors include General Motors, Honda, Suzuki, and Toyota. About 1,000 brands from more than thirty countries will be presented by 260 exhibitors in the 77,550-sq.-mt. exhibition space. The conference is organized by Comite permanent du Salon international de l'automobile a Geneve. Additional information can be found at http://www.salon-auto.ch.

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.
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Monday, December 10, 2007

RealPennies.com: Turning Pennies into dollars

RealPennies.com: Turning Pennies into dollars: (Pink Sheets: HTRE), (OTCBB: TAMO), (Pink Sheets: GLBM), (Pink Sheets: LLEG).

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H3 Enterprises, Inc. (Pink Sheets: HTRE) (December 10, 2007) the world's first publicly traded Hip-Hop company and parent company of the HipHopSodaShop, announced today that its CEO and President, Dr. Benjamin Chavis, and Hip-Hop mogul Russell Simmons will be appearing live on the Neil Cavuto Show tonight Monday, December 10, 2007 at 6pm to discuss the impact of Hip-Hop on business and on Presidential politics.

Dr. Chavis is the CEO and President of the first publicly traded Hip-Hop company, H3 Enterprises. H3 is launching its HipHopSodaShop, the first of many nationwide franchises, in Tampa, Florida on December 18, 2007. Dr. Chavis recently played a key role in the Iowa Brown and Black Presidential Forum a week ago. This was the first time during the entire 2008 US Presidential race that major candidates for President were asked questions from a Hip-Hop perspective.

Russell Simmons, the President of Rush Communications, is often referred to as the Godfather of Hip-Hop. He is an entrepreneur who has built such successful multi million dollar brands as Def Jam Records, Phat Farm, Baby Phat, Simmons Jewelry Company, and Russell Simmons Presents Def Poetry and Def Comedy on HBO. He is an activist and philanthropist.

Both Mr. Simmons and Dr. Chavis are the founders of the Hip-Hop Summit Action Network, an organization dedicated to harnessing the cultural relevance of Hip-Hop music to serve as a catalyst for education advocacy and other societal concerns fundamental to the empowerment of youth.

For more info: http://www.realpennies.com/TAMO.html

Tamm Oil and Gas Corp. (OTCBB: TAMO ) (December 10, 2007) Tamm Oil and Gas Corp. has entered into a Share Exchange Agreement with Shareholders of Deep Well Oil & Gas, Inc. (Pink Sheets: DWOG) wherein Tamm will acquire 31,800,000 shares of Deep Well, which based on 83 million Deep Well shares outstanding, represents 38% of Deep Well's holdings in Sawn Lake, in exchange for 31,800,000 shares of Tamm Oil and Gas. The share exchange will increase Tamm's working interest substantially in 63 sections of Oil Sands leases in the Sawn Lake Region in Northern Alberta. Through the combination of this share exchange, a pending acquisition and an earlier announced Gross Overriding Royalty Rights ("GORR") acquisition, Tamm will hold directly and indirectly, a majority interest in the project containing an estimated 819.5 million initial barrels of oil in place.

As pursuant to the terms of this agreement Tamm Oil and Gas will cancel 22 million of its common shares. Tamm will also cancel an additional 34 million common shares upon the closing of a Letter of Intent ("LOI") signed with 1132559 Alberta Ltd. This will bring Tamm's issued and outstanding shares to 85,300,000 shares post exchange.

Tamm recently completed the acquisition of the GORR in Oil Sands Leases that will provide Tamm with a revenue source of 2% from every barrel of oil sold from these leases without the burden of operating expenses in the Sawn Lake Region of Northern Alberta. The GORR ultimately has a higher value than the equivalent percentage working interest in a property.

Tamm also recently executed a LOI between the Company and 1132559 Alberta Ltd., which is expected to further enhance Tamm's planned presence in the Sawn Lake Region.

According to the terms of the LOI, Tamm is to acquire all of the issued and outstanding shares of 1132559 Alberta Ltd., a private company incorporated under the laws of Alberta, Canada, which holds a direct working interest of 10% in 63 sections of Oil Sands leases in the Sawn Lake Region. An independent petroleum consultant estimates that these sections hold estimated resources of 819.5 million initial barrels of oil in place.

For more info: http://www.realpennies.com/GLBM.html

Global Marine Ltd. (Pink Sheets: GLBM ) (December 10, 2007) is in the process of negotiating exciting solar energy agreements in Guayaquil, Ecuador. To better reflect the evolution of its corporate focus to concentrate on solar and wind-generated, and renewable energy projects, Global Marine Ltd. also announces today that its Board of Directors has unanimously decided to change the Company name to Solaris Energy Corporation (Solaris). Subject to the appropriate regulatory approvals from its state of incorporation in Nevada, the name change will be effective upon receipt of all necessary regulatory approvals, and receipt of a new trading symbol from the NASD.

"The name Solaris Energy Corporation better reflects our business objectives of branded growth, in our key market segments, using new "clean age" technologies for solar and wind power generation", stated Mr. Beatty. "On an ongoing basis, we are presented with many exciting business opportunities in both North & South America, all of which hinge upon the development of new, cost-effective technologies for use in energy systems which offer significant environmental benefits. These systems will definitely play an increasingly important role in expansion of the world's solar and wind energy product pool", he added.

For more info: http://www.realpennies.com/LLEG.html

Laidlaw Energy Group, Inc. (Pink Sheets: LLEG ) (December 10, 2007) Laidlaw Energy Group, Inc. is pleased to provide the shareholders with an update on its recent progress.

LLEG is finalizing the transaction to acquire the assets in Berlin, NH and believes they are on track for a closing around the end of the year. They have received an offer of financing from a major Wall Street investment bank that, coupled with our equity capital and that of our partners, will provide the necessary funding to complete the development of the project.

With respect to our Ellicottville, New York biomass-energy project, the permitting of the project is now out of the hands of the town planning board which has caused us so much unnecessary delay and now in the hands of the New York State Supreme Court, where we feel confident we will obtain a just resolution to this matter. LLEG expects the Court will render a decision approximately 30 to 60 days after the upcoming January 8th hearing.

Separately, they have recently given their attorneys authorization to commence a civil law suit in Federal Court seeking substantial monetary damages against the town of Ellicottville and those involved in wrongly impairing our property and civil rights. Their attorneys feel they have a very strong case and we look forward to our day in court.

In addition to the Berlin and New York projects, there are a number of other projects in the pipeline that we feel offer great promise. The two projects that are the furthest along are both in the New England region and adhere to our business model of converting unutilized power assets to low emission, advanced biomass-energy plants. We are optimistic that we may be able to announce a deal on at least one if not both of these projects in the coming quarter.

The development of the Berlin project positions LLEG at the forefront of the alternative energy industry, with one of the largest and most environmentally advanced biomass development projects in the US in our portfolio. They are confident that the success of this project, and the investment capital it will attract, will greatly raise the profile of our company and generate many more opportunities for us down the road.

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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
http://www.realpennies.com/content/view/42

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited.

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Matt /at/ realpennies.com