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Pure H20 Bio-Technologies, Inc. (otc: PRHN)
Pure H20 Bio-Technologies, Inc. opened at $.025 on Thursday, current volume is 1,000.
News July 5, Pure H20 Bio-Technologies, Inc. (Pink Sheets:PRHN), today announces confirmation of New Stock Symbol PRHN and Reverse Split of its Common Stock. The Company's stock transfer agent, Continental Stock Transfer and Trust Company, located at 17 Battery Place, New York, New York, is the Exchange Agent for its approved reverse split of the Company's Common Stock.
Further, On June 22, 2007 the company approved a 1-for-500 (1:500) reverse stock split of the Company's Common Stock. The reverse split became effective today upon the filing of the company's Certificate of Amendment to the Articles of Incorporation of Pure H20 Bio-Technologies, Inc. with the Florida Secretary of State.
About PRHN is a publicly held company specializing in the research, development and commercialization of its unique residential, commercial and hospital water disinfection systems.
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Pearl Asian Mining Industries, Inc. (otc: PAIM)
Pearl Asian Mining Industries, Inc. opened at $.0004 on Thursday, current volume is 249,396,831.
News, July 5, Pearl Asian Mining Industries, Inc. with Stock SYMBOLS: U.S.A. (OTC:PAIM) (OTC:PAIMP) announces that by Special Corporate Action of the Board of Directors in a meeting held on June 21, 2007 in Cagayan de Oro, Philippines and with full consent and approval of the 77% majority PAIM shareholders, the company resolved to do a mandatory buyback of approximately 8,611,655,441 (Eight Billion Six Hundred Eleven Million, Six Hundred Fifty-Five Thousand and Four Hundred Forty-One) PAIM Common Shares, or 95% of its issued and outstanding common shares effective immediately.
Further, Shareholders of record as of July 20, 2007 will be paid at the rate of $0.00002 per common share commencing October 10, 2007.
About Pearl Asian Mining Industries Inc. is in the mining industry.
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Organetix Inc. (bb: OGTX)
Organetix Inc. opened at $.145 on Thursday, current volume is 304,100.
News July 5, Organetix Inc. (OTC Bulletin Board: OGTX) has today announced the execution of a Letter of Intent ("LOI") to acquire New York based media firm Kid Fitness, Inc. ("Kid Fitness"). Under terms of the Letter of Intent (valid for 180 days), shareholders of Organetix would end up with 36% of the combined company, subsequent to the proposed merger.
In addition, "All future financing activities will be mutually dilutive. Both management teams are committed to working towards a definitive merger agreement ("definitive") as quickly as possible."
About Organetix Inc. (OTCBB: OGTX) has defined its short term strategy as evaluating potential acquisition candidates to both restore and create shareholder value.
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Uranium Star Corp. (bb: URST)
Uranium Star Corp. opened at $.46 on Thursday, current volume is 168,500.
News July 5, Uranium Star Corp. (OTCBB:URST)(FRANKFURT:YE5) is pleased to provide an update on exploration activities on the Sagar property in Northern Quebec.
In one of the more promising target areas on the property anomalous uranium was detected from soil samples using the InnovXsystems-X50 XRF mobile analyzer. Subsequent prospecting in the area yielded radiometric readings from 5,000 to greater than 10,000 counts per second (CPS). Past work has indicated that anomalous gold was also present in the overburden.
About Uranium Star Corp. is a rapidly emerging uranium exploration company with assets in Northern Quebec and Arizona.
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Samsonite Corporation (bb: SAMC)
Samsonite Corporation opened at $1.43 on Thursday, current volume is 135,000.
News July 5, Samsonite Corporation (OTC Bulletin Board: SAMC), one of the world's largest designers, manufacturers, distributors and marketers of luggage, casual bags, business cases and travel-related products today announced that it has entered into a definitive merger agreement to be acquired by funds managed and advised by CVC Capital Partners ("CVC"), a leading global private equity firm. The all-cash transaction is valued at approximately $1.7 billion, including the assumption of debt.
Further, Under the terms of the agreement, CVC will acquire all of the outstanding common stock of Samsonite for $1.49 per share in cash.
About Samsonite is one of the world's largest manufacturers and distributors of luggage and markets luggage, casual bags, business cases and travel-related products under brands such as SAMSONITE(R) Black Label, LAMBERTSON TRUEX(R), SAMSONITE(R), AMERICAN TOURISTER(R), LACOSTE(R) and TIMBERLAND(R).
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