Penny Stock Headlines

Planet Resource Recovery Chairman and CEO Issues Shareholder Audio Update

admin — Thu, 21 Apr 2011 18:52:28 +0000

Planet Resource Recovery, Inc. (PLANET) (Pink Sheets: PRRY), developer, manufacturer and marketer of PetroLuxus(TM) and other green remediation and recovery technologies, issues shareholder audio update from Kurt E. Neubauer, Chairman of the Board and CEO. Complete transcript below or can be heard at – http://www.planetresource.net/audio/audio_update_04_20_11.wma

Dear Shareholder:

Hello, this is Kurt Neubauer, President and CEO of Planet Resource Recovery. Thank you for taking the time to join us for this audio update. I wanted to inform you of some of the events occurring at Planet.

Inspar Litigation

Due to the current litigation, the only news we can relay concerning Inspar is that a preliminary hearing was started on the 28^th of March, and was concluded on April 14^th. Upon advice of counsel, we have been instructed to not comment on this pending litigation. We would, however, like to bring you updated information on other activities going at Planet.

Form 10 Filing

We continue to work toward our goal to file the Company’s Form 10 information statement, which unfortunately has slowed down due to the ongoing Inspar litigation. However, as of this date, we have posted our unaudited financials through the first quarter of 2011 on our website and on www.Pinksheets.com.

SRU-15 Desulfurization Unit

Planet and Lerro Processing have decided to defer R&D efforts for the completion of the SRU-15 diesel fuel desulfurization units until adequate financing can be arranged. The Company and Lerro have worked diligently together to bring this new and exciting technology to market. However, until Planet has established a stronger financial foundation, no further investment will be made in this system. This is only an intermission as we plan to complete the development of this technology when adequate capital is available.

Raptor Ventures LLC and Bolivia Mining Operations

Operations in Bolivia are currently on hold. Due to capital shortfalls, Planet was not able to complete the antimony sale with the Chinese buyer. Ore was shipped to the Chilean port, but due to a missing export document, the ore got hung up because of the missing paperwork. Once the paperwork was produced, the Chilean government required us to truck the ore back to the Bolivian border to restart the export process. Planet did not have and could not raise the necessary funds to deal with this unexpected turn of events and the ore was eventually taken back by its’ owner. Regardless of the setback, Planet sees a vast opportunity in Bolivia, not only for mining but also for the sale of it PetroLuxus products.

PetroLuxus Sales

The Company has completed its’ initial studies on PetroLuxus and has begun to market the product. Mr. Enrique Salinas accepted the position of VP – Marketing – PetroLuxus as of January 1 of this year. Since accepting the position, Mr. Salinas has sold over $84,000 in PetroLuxus product for the first quarter of 2011 to former, current and new customers. The first quarter sales mark doubles full year sales of PetroLuxus in 2010. Sales for the second quarter have already begun and Mr. Salinas’ goal is to improve the Company’s first quarter sales performance results by 25%.

Corporate Office Move

In February 2011, the lease for Corporate Headquarters in Houston, Texas was up. Due to the current capital requirements, we did not enter into a new lease, but consolidated our Corporate Offices with our Production Facilities. Due to the consolidation, we were unable to move our phone number to the Pearland facilities. Our Corporate Office address and phone number are as follows:

Planet Resource Recovery, Inc.

8815 Industrial Drive

Pearland, Texas 77584

And our new corporate phone number is 281-213-5622.

In Conclusion:

The Company understands that many have been waiting a long time for news. We were not able to publish any news on advice of counsel up to this point. It became obvious to management that investment capital could not be raised due to the recent drop in share pricing and that PetroLuxus sales production had to be established before continued investment could be made. Planet’s management had no desire to further dilute our shareholders at such low share pricing and believes through sales of our PetroLuxus products the Company’s stock price will turn around. Therefore, we are now totally focused on the sale of PetroLuxus products. We expect the sales of PetroLuxus products to continue to increase through the upcoming quarters, thereby establishing a firm financial foundation for the company to work from. Once this base has been established, we will begin selectively resuming other operations, but with a better understanding of the issues to give us an improved chance for success. Regardless of our current state of affairs, our management and employees are committed to the success of your company. Once again the Company realizes the success we seek is mutual with our shareholders and will not be possible without the vision of investors and support of shareholders like you. We will remain focused on attaining our marketing goals for PetroLuxus for the remainder of 2011, as we feel it will be our best year for revenue generation ever.

Special Message from Kurt Neubauer:

Many have probably wondered why Planet elected to take on these other technologies and challenges rather than just bringing PetroLuxus to market. The answer is that PetroLuxus was, at that time, still in testing and trials, and it seemed essential to create other more immediate revenue streams to slow down or stop share dilution through continued investment. This is the reason we went after these other opportunities. In an effort to minimize share dilution from these continued sales of equity to fund the Company, it was proposed to us immediate revenue streams could be created through these endeavors. Through the creation of Raptor Ventures to do Antimony mining in Bolivia or our previous acquisitions such as RADA Technologies or others, the driving force behind these projects was their expected capability to create immediate revenue streams for the Company allowing us to operate without further outside capital investment. That way any future capital investment could be used solely to expand our operations or to make acquisitions to expand our markets in the future. Obviously, this has not worked out for us. So, until solid revenue streams are established, we are concentrating on the sale of our core technology, PetroLuxus, and internal capital formation.

I would like to express one last thought. The ongoing litigation toward the Company and myself has created many distractions and consumed a great deal of my time not to mention the high stress levels it has created by all the false information placed on the internet. Only a few people are aware of the fact that in the summer of 2008, I underwent open-heart surgery having a quadruple bypass operation. Although my recovery has been complete except for a few additional pills I now take along with vitamin supplements, the stress of all the negative postings and the battering that has gone on has and continues to take its toll on me.

At this time, I want to regretfully announce that I will be stepping aside from Planet from the position as President, Chief Executive Officer and from the Board of Directors of the Company. The Company requires more attention and energy than I am prepared to give.

My last day of employment was April 15, 2011.

I want to take this opportunity to thank all of you for your support throughout the years. I have enjoyed building this company from the beginning to now. Mr. Enrique Salinas has been with Planet from its inception and I am very pleased that he has accepted the Company’s appointment from me as the Company’s new President and CEO. These changes took place, at a special Board meeting held on April 4^th, 2011, when Mr. Salinas was also appointed to the Board of Directors. I wish Mr. Salinas all the best in his efforts to take the company to the next level and feel confident he is up to the task. I hope you will support his efforts to bring Planet into a full revenue generating company as you have supported my efforts to bring the company this far. So long and God Bless this Company, all who work here and all that have and are invested here.

That concludes this shareholder audio update. Please continue to look for upcoming news announcements as they develop in 2011.

The Company looks forward to announcing its next audio update and results. Keep in touch with our updates by viewing our website at www.planetresource.net. We are available to answer your queries and hope that you will send an email to us with your comments or questions. Please email your questions to us at investors@planetresource.net or call us at 281-213-5622. We are happy to answer your questions but keep in mind that our responses can only reflect that information that is already publicly available.

Thank you for your support. We appreciate you standing steadfast with the company and its employees. Signing off for the last time.

Regards,

Kurt E. Neubauer

About Planet Resource Recovery, Inc.

Planet Resource Recovery, Inc. develops, manufactures, and markets products, processes and technologies based on scientific research and understanding of silicon and siloxane sciences to enhance the recovery of the planet’s resources including metals, minerals and hydrocarbons. Our goal is to create new methodologies to optimize Oil & Gas production, maximize the harvesting of base and precious metals, the remediation of toxic heavy metal environmental contamination and the reduction or elimination of corrosion of metal through the use of proprietary with breakthrough technologies utilizing advanced science and chemistry to increase efficiencies, reduce costs, protect the environment and resources.

For more information visit: www.planetresource.net.

“Safe Harbor Statement”

Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company’s Annual Report for the year ended December. 31, 2009, the Company’s Quarterly Report for the First quarter ended March 31, 2010. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company’s plans or expectations.

source: http://www.bradenton.com/2011/04/21/3133827/planet-resource-recovery-chairman.html

PHI Energy Corp Acquires Indonesian Coal Assets

admin — Thu, 21 Apr 2011 18:38:52 +0000

LOS ANGELES, and JAKARTA, Indonesia, April 21, 2011 — /PRNewswire/ — PHI Energy Corporation, a minority owned subsidiary of PHI Group, Inc., (OTCQB:PHIE), a company engaged in M&A advisory services, real estate development, mining, energy, and in partnership with AXN Group LLC, (AXNG) announced today that it has signed an asset purchase agreement to acquire coal mine assets from PT Dian Anugrah Pratama (DAP), an Indonesian corporation with headquarters in Jakarta.

According to the agreement, PHI Energy Corporation will acquire an estimated mineable coal reserve of 10,000,000 metric tons located in an area of approximately 423 hectares, at Kecamatan Kapur IX, Kabupaten Lima Puluh Kota, Propinsi Sumatera Barat, Indonesia, from DAP in exchange for 20,000,000 shares of common stock of PHI Energy Corporation valued at $1.00 per share.

The closing of this transaction is scheduled to take place on May 7, 2011. As part of the agreement, PHI Energy Corporation is irrevocably committed to filing a registration statement with the United States Securities and Exchange Commission to become a fully reporting publicly traded company and will do so within 90 days following the closing.

PHI Energy Corporation also agrees that, during the first 60 days immediately following the initial effective trading of its common stock, if the average closing price of the Company’s stock falls below $1.00 per share, the Company agrees to issue additional shares of its authorized but unissued common stock to DAP such that the total value of all the shares of common stock received by DAP will be equal to a minimum of $20,000,000.

Sample analysis data of the coal assets acquired show ash content of 10.66%, total sulfur 0.97%, total moisture 4.78%, volatile matter 46.36%, fixed carbon 41.43% and caloric value of 7,338 Kcal/kg.

Herman Koswara, Director of DAP, said, “We are pleased to participate in PHI Energy Corp’s growth strategy through this relationship and look forward to creating substantial value for all parties involved.”

Allen Wu, Chairman of PHI Energy Corp, said, “The acquisition of the DAP coal assets is the first step of our plan to engage sizable sources of coal supply to meet the demand of potential long-term off-take contracts. We are confident that this transaction will bring significant economic benefits to our shareholders.”

About PHI Energy Corporation

Founded originally in 2005 as Providential Oil & Gas, Inc., PHI Energy Corporation has been engaged in oil and gas joint ventures with various U.S. companies in Texas and California. The Company is a majority owned subsidiary of AXN Group, LLC, a global investor in natural resources sector, encompassing oil & gas, forestry/timber, and mining. Website: www.phienergycorp.com

About PT. Dian Anugrah Pratama

PT. Dian Anugrah Pratama is an Indonesian company focused on coal mining and coal trading. Currently the Company’s mines are in West Sumatra, Indonesia with estimated reserve about 40 million metric tons. For further inquiry, please call +62215220953 or +6283186230188, or email bizibadi@yahoo.com.

About PHI Group Inc.

PHIGroup (OTCQB:PHIE) provides M&A advisory and consulting services, develops real estate and natural resources and invests in special situations. PHIGroup takes companies public in the U.S. and Europe through its subsidiaries PHI Capital Holdings Inc. and PHI Vietnam Holdings Ltd, develops Pointe91, a luxury resort and premium residential community in Quang Nam province, and other real estate projects in Vietnam through PHILand Ranch Ltd. (www.PHILandranch.com). (Frankfurt Stock Exchange:1P8), and is engaged in mining activities through its majority-owned subsidiary PHI Gold Corporation (Pinksheets:PHIG). Website: www.phiglobal.com.

Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995.

SOURCE PHI Group, Inc.

New Shelby GTS Brings Legendary Shelby Performance To V6 Mustang

admin — Thu, 21 Apr 2011 18:37:26 +0000

Fulfilling the desire of Ford Shelby GT fans worldwide, executives with Shelby American Inc., a wholly owned subsidiary of Carroll Shelby International Inc. (Pink Sheets: CSBI) introduced today the new Shelby GTS post-title package for the 2011-2012 Ford Mustang at the New York International Auto Show. Available with either a V6 or V8, normally aspirated or supercharged, the Shelby GTS is the spiritual rebirth of the popular 2007-2008 Ford Shelby GT.

“The Ford Shelby GT was introduced in 2007 as an agile, reliable and affordable muscle car,” said John Luft, president of Shelby American Inc. “It dominated its SCCA racing class and was a popular canvas for enthusiasts to create their dream Shelby. Our Shelby GTS picks up that mantle and expands upon it with a choice of V6 or V8 power for a new generation of Shelby enthusiast who wants a car built just for them.”

Ever since Ford introduced the 3.7L V6 and 5.0L V8 Mustang for the 2011 model year, the Shelby R & D team has been secretly developing the GTS package. Once the Shelby GT350 was finalized in both coupe and convertible versions, it accelerated the project. Working with partners at Ford Racing, Borla and Baer, Shelby American enhanced the car’s suspension, coaxed more power out of the engine and firmed up the brakes.

“The V6 Mustang is a particularly good platform for the Shelby GTS,” noted Shelby American vice president of operations Gary Patterson. “It’s even lighter and more nimble than the GT. And the V6 Shelby GTS makes about as much horsepower as the V8 in the Ford Shelby GT, but with better fuel economy at a lower price.”

The post-title package starts at $9,995.00, not including the base car. Superchargers and other options are available that allow buyers to personalize their dream Shelby. A limited number of the Shelby GTS will be built with reservations starting April 21; production is scheduled to begin in the fourth quarter of 2011.

source: http://www.thestreet.com/story/11090736/1/new-shelby-gts-brings-legendary-shelby-performance-to-v6-mustang-photo-business-wire.html

Hi Score Holding – DMD – Agrees in Principle to Consulting Deal With JTW

admin — Thu, 21 Apr 2011 18:36:05 +0000

MIAMI, April 21, 2011 /PRNewswire/ — Hi Score Corporation (PINKSHEETS: HSCOD) announced today that its holding, DMD Lighting and Energy Control Systems, has agreed in principle to enter into a consulting agreement with New Jersey-based JTW Holdings. The agreement calls for JTW to introduce DMD to several large commercial and government customers.

This announcement comes a little more than one week after the company announced its approval as an approved vendor by the Port Authority of New York and New Jersey. “I have been selling lighting and fixture contracts for a long time,” said Dominick Falso, CEO of DMD, “…it is always a matter of who you know…of course you have to be ready to perform…and you have to actually perform…and we are ready. I expect relationships like this agreement with JTW to bear much fruit…large orders.”

Dominick Falso was recently appointed as Hi Score’s Chief Operating Officer. The appointment was made just weeks after Mr. Falso accepted the position as CEO of Hi Score, owned DMD Lighting & Energy Control Systems Inc. Mr. Falso was brought on to bolster the company’s lagging gross sales volume. The company is very optimistic about the future.

About Hi Score

Hi Score Corporation is a supplier of eco-friendly lighting products in the Western Hemisphere. It offers its customers the fiscal and ecological practicality of utilizing safe, efficient, solid state green lighting rather than conventional fluorescent and incandescent bulbs. The Company offers the widest selection of high quality, long lasting LED lighting products that can replace existing incandescent, fluorescent and halogen bulbs as well as compact fluorescent lights. Additionally the Company offers Compact Fluorescent and Halogen Lighting under its EcoGreenBulb and REPCO Labels, respectively. The Company sells its products directly to distributors, consumers, and businesses, as well as to municipalities.

Safe Harbor Statement: This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s contract manufacturers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

www.hiscorecorporation.com

SOURCE Hi Score Corporation

Diversity Group International Announces Significant Business Development Forthcoming

admin — Thu, 21 Apr 2011 18:24:01 +0000

MIAMI, April 21, 2011 /PRNewswire/ — Diversity Group International (PINKSHEETS: DGIN) today announced that it has just finalized plans of a significant project and will be releasing details this coming Wednesday.

“We look forward to announcing this significant turn of events to our shareholder base next week,” says Diversity Group’s CEO Kevin Bobryk.

About Diversity Group International Inc.: Diversity Group International (DGI) is a U.S.-based company listed under the symbol DGIN. DGI specializes in the development and delivery of interest rate, currency and insurance-related products and services in both the domestic (U.S.) and International markets.

Contact:

DIVERSITY GROUP INTERNATIONAL INC.
#1818, 600 NE 36th Street
Miami, FL, 33137
www.diversitygi.com

FORWARD-LOOKING STATEMENT:

Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. There can be no assurance that such forward-looking statements will prove to be accurate. Actual result and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, other than as required pursuant to applicable securities laws.

SOURCE Diversity Group International Inc.

BCS Announces ‘Continuity Cloud(SM)’

admin — Thu, 21 Apr 2011 14:36:07 +0000

Business Continuity Solutions (BCS) Introduces Continuity Cloud^TM, a Transformational Solution That Will Revolutionize the Way Organizations Back-Up, Store and Recover Critical Data; With Continuity Cloud Organizations No Longer Have to Choose Between On-Premise or Off-Premise Backup Storage; Continuity Cloud Delivers Total Flexibility to Choose Both to Ensure Maximum Protection

GRANITE FALLS, NC–(Marketwire – Apr 21, 2011) – Exosphere Aircraft (PINKSHEETS: EXSA) DBA; BCS, Inc. — BCS, Inc. is a nationwide leader in providing backup and disaster recovery solutions for both on premise and off premise applications. “Most people are familiar with what has become known as public clouds that use multiple servers running hundreds of clients at a time, all under the same physical environment,” Ramsey Dellinger, CEO, stated. “The cloud market is still relatively new and under development but has huge technology benefits,” Dellinger added. “In the backup and disaster recovery cloud, the question is ‘how do we leverage these capabilities in today’s environment to provide the ultimate protection of data,’” he stated. “Welcome to Continuity Cloud^(SM) — an environment that delivers virtualization to any Windows Back-up image created and stored within our Data Center. This NEW Virtualized image is then published in a public or private cloud so our clients can continue to run their business on a normal day-to-day routine with minimal downtime.”

RD says…
“This ability gives BCS a real edge over our competitors and we are already seeing the benefits of this technology help drive more revenue to the company.” Overall Revenues have increased in 1^st Quarter of this year over 4^th Quarter last year.

“Continuity Cloud” is revolutionizing the way organizations back-up, store and recover their data. With “Continuity Cloud” we are now capable of providing data when and where you need it. By having this ability to virtualize in the cloud, we are now several steps closer in being able to deliver a true “Continuous Data Path” for our clients, no matter if you operate from the cloud, on premise or a Hybrid model. Our mission is to provide a path to operate your Business Technology Continuously.

About EXSA, dba; BCS, Inc.
Business Continuity Solutions, Inc. (BCS) is a nationwide leader in providing both on and off premise businesses continuity solutions that ensures critical operating data can be quickly and easily recovered in the event of a disaster. Statistically, it is reported of companies experiencing a “major loss” of their computer records… 43 percent never reopened, 51 percent closed within two years of the loss, and only 6 percent recovered over the long-term. Our mission is to never have one of our clients experience a loss that is applied to these statistics.

FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the technology industry; the positioning of Exosphere in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Exosphere can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.

source: http://www.marketwire.com/press-release/bcs-announces-continuity-cloudsm-pinksheets-exsa-1505207.htm

ALAS Defense Systems, Inc. Announces Name Change

admin — Thu, 21 Apr 2011 14:33:23 +0000

CLEARWATER, Fla., April 21, 2011 (GLOBE NEWSWIRE) — ALAS Defense Systems, Inc. (Pink Sheets:VDSC) an international project financing and holding investment corporation, is announcing that, to set the foundation in order to expand and diversify the activities in different segments of profitable business, will change the name to ALAS International Holdings, Inc. which will better reflect the overall diversified business activities. Mr. Salmon, CEO stated, “As a holding company we feel that it is important that our corporate name does not indicate a single specific industry.”

About ALAS Defense Systems, Inc.:

ALAS Defense Systems, Inc. is a holding company which owns and operates through its wholly owned subsidiary, Redtide Defense Group, Inc. (http://www.redtidedefense.com/) which is a manufacturer of UAV (Unmanned Aerial Vehicles). The Company has created an inexpensive and, it believes, technically superior solution to the growing $6 billion dollar a year worldwide market demand for UAV’s. The Company is looking to grow both organically and through strategic acquisitions.

Safe Harbor Act Disclaimer: Statements regarding financial matters in this press release other than historical facts are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company’s future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results.

CONTACT: Investor Relations
         Edwin Salmon
         727-736-4724

 edwin.salmon@gmail.com

source: http://www.tradershuddle.com/20110421207281/globenewswire/ALAS-Defense-Systems-Inc.-Announces-Name-Change.html

Mariner’s Choice Signs Sales Representative Agreement With David Chong

admin — Thu, 21 Apr 2011 14:31:13 +0000

JACKSONVILLE, Fla., April 21, 2011 (GLOBE NEWSWIRE) — Mariner’s Choice International, Inc. (Pink Sheets:MCII), a North American manufacturer of an extensive line of ecologically-safe products for the marine and other industry segments, today announced that they have signed a sales representative agreement with champion fisherman, David Chong.

David Chong has been a long-time supporter and promoter of Mariner’s Choice. “Selling Mariner’s Choice products seemed like a natural thing for me to do, because I have been using and promoting the products at various events I participate in, such as at BassTalk seminars, over the last few years and believe in the performance and value they provide,” said Chong.

He will be covering Ontario primarily, but has network throughout Canada, as well as in the U.S. The annual fishing derby Chong hosts for the Big Brothers Big Sisters of York is coming up in June (http://www.catchadream.ca), and Mariner’s Choice will be there again, as a sponsor. This established event provides many young boys and girls an opportunity to enjoy a day of fishing with professional fishermen.

“We are pleased to have David jump onboard with us, as he is well-respected and liked by his peers and has a wide network of business connections in the fishing and boating industries. He will be targeting marinas, boat dealers, fishing tackle shops, and regional and national distributors. We are looking forward to working closely together to grow the sales in Ontario and beyond,” stated Amie Hingston, President and CEO of Mariner’s Choice.

About Mariner’s Choice International, Inc.

Mariner’s Choice manufactures and markets high-performance, ecologically safe commercial, industrial and retail products utilizing leading-edge readily biodegradable technologies. Each product is tested to exacting standards and superior performance levels that often exceed those of comparable products that contain harmful compounds or ingredients. Some of the company’s “green” products employ nanotechnology. For more information, please visit www.marinerschoice.net.

Forward-Looking Statements

Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of Mariner’s Choice International, Inc. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.

CONTACT: INVESTOR RELATIONS CONTACT:
         Lance Bauerlein
         Tel. #  904 425 1210
         investor@marinerschoice.net

source: http://www.globenewswire.com/newsroom/news.html?d=219384

Legends Business Group Establishes a Grant Writing Division

admin — Thu, 21 Apr 2011 14:29:29 +0000

Company to Reach Out to Alternative Energy Companies to Assist Them to Procure Grants for Research and Development

MIAMI BEACH, Fla., April 21, 2011 (GLOBE NEWSWIRE) — Legends Business Group (Pink Sheets:LGBS) today announced it will start a Grant Writing Division for the procurement of government, corporate, foundation and trust grant money for research and development of alternative energy solutions. The new division will be headed up by veteran grant writing specialist Rodolfo Sablon.

“There are numerous grants available to finance research and development projects in the alternative energy fields such as solar, wind, hydrogen, fuel cells and geothermal,” said Rolando Sablon, president of Legends Power. “These grants cover the key costs associated with research and development and normally do not have to be repaid by the receivers.”

Sablon said that in the the last couple of months Legends has been researching grant possibilities for its own research and development as well as reached out to help other alternative energy projects. He said the key to making any alternative energy project financially viable is to take full advantage of the tax benefits and to obtain grants available from the State and Federal Governments.

“We plan to offer our grant writing services to any new or innovative alternative energy projects or businesses seeking to maximize their return on investment by applying for grant programs,” said Sablon. “These are the companies and products that will eventually reduce our dependence on foreign oil and nuclear power.”

Heading up the Grant Writing Division will be veteran grant writing specialist, Rodolfo Sablon. During his career Sablon has written many grant proposals for non-profit organizations and has been instrumental in the implementation of various worthwhile projects. Altogether, through his grant writing services, recently Rodolfo Sablon has been able to procure well over half a million dollars in funding through awarded grants.

“We recently hired Rodolfo’s firm to secure grants however we realized that we needed a full-time specialist to achieve our lofty goals,” said Rolando Sablon. “While Rodolfo is my cousin, we did all of the appropriate due diligence and feel very strongly that he is the ideal person to head up this new division.”

Sablon has produced effective educational grant proposals that have helped various individuals and organizations. He takes it as an honor to become part of the realization and implementation of many worthwhile initiatives. His years of operation in the business and expertise in this area have given him sufficient exposure and familiarity in dealing with different kinds of requests for educational grants.

Among the federal agencies that he has written grant proposals for are the National Science Foundation, Bureau of Transportation Statistics, Centers for Disease Control and Prevention, Department of Education, and Department of Health and Human Services. With the expertise of his staff, he is able to produce federal grant proposals that completely follow eligibility requirements, guidelines, and all specifications.

About Legends Business Group

Legends Business Group, Inc., was incorporated in March 2006, and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace. For more information please visit: http://www.legendspower.com

Safe Harbor Statement

This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for the fiscal year and beyond could differ materially from the Company’s current expectations. Forward-looking statements are identified by words such as “anticipates,” “projects,” “expects,” “plans,” “intends,” “believes,” “estimates,” “targets,” and other similar expressions that indicate trends and future events. Factors that could cause the Company’s results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company’s products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company’s control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace, cost-containment strategies, and the Company’s success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company’s filings. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.

CONTACT: Investor Relations:
         Dave Donlin
         Phone: 407-299-2377
         Email: dave@thecervellegroup.com

         Public Relations:
         Peter Nasca
         Phone: 954-473-0677
         Email: pnasca@pnapr.com

         Corporate
         Rolando Sablon
         Phone: 305-767-7993
         Email: info@legendspower.com

source: http://www.globenewswire.com/newsroom/news.html?d=219429

HyPower Fuel Announces Spin-Out Option and Possible Future Dividend

admin — Thu, 21 Apr 2011 14:26:49 +0000

CALGARY, ALBERTA — (MARKET WIRE) — 04/20/11 — HyPower Fuel Inc. (PINK SHEETS: HYPF) -

HyPower is pleased to report that its two Target Companies (TC’s) have both expereesed a strong interest in making use of HyPower’s strength to grow quickly, show financial results and then be Spun Out as separate public entities trading on recognized exchanges, higher than Pinksheets OTC. Mr. Douglas Bender, CEO of HyPower, commented that “this is not something we had anticipated, but if the TC’s can achieve the revenues and growth that their initial projections suggest, this is a very viable option which will maximize returns for both the TC’s and for HyPower. HyPower shareholders could receive a special dividend giving them a direct shareholding in the TC’s in some manner.”

Mr. Bender went on to reiterate that “we continue to assist the TC’s in developing their revenue projections and will be providing details on this in the near future.”

About HyPower Fuel Inc.

HyPower is a category leading company in the energy technology sector, providing innovative, clean alternative energies through unique methods. Currently HyPower has hydrogen insertion/production and biodiesel technologies in development and/or in the product commercialization stage. For more information please visit: www.hypowerfuel.com and/or contact us at: hypower@hypowerfuel.com.

Safe Harbor – This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of HyPower Fuel Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are “forward looking statements” within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management’s expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The actual results achieved may differ materially from any forward-looking statements due to these risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.

Contacts:
Newstrack Communications
(587) 987-8585

Source: HyPower Fuel Inc.