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TM MEDIA GROUP (OTC: TMMG) "Up 16.6% on Friday"
Based in Hollywood, California, TM Media Group, Inc. develops and markets unique licensed entertainment, film, video game, and music merchandise for specialty, mass retail and online distribution. With subsidiaries in the film, music and video game industries, the Company is targeting multiple billion-dollar industries that offer significant cross-marketing and product development opportunities. TM Media Group develops and produces commercial products for filmed entertainment, online and collectible card games, and Web-based services. Additionally, the Company owns the rights to a diverse pool of media assets, including several films in various stages of production, online gaming platforms, and collectible card games. For more information, visit http://www.tmmediagroup.com.
TMMG News:
July 5 - TM Media Group Announces Reality-Based Film Project Starring Dr. Dre's Daughter, Manaj
TM Media Group, Inc. (OTC: TMMG), a diversified entertainment and media holding company, announced recently the reality-based film project called Daddy's Shadow, starring Dr. Dre's daughter 'Manaj.' Daddy's Shadow is a feature-length documentary centered on Manaj's quest to break into the music industry despite her legendary multi-millionaire father's objections and lack of support. The film is currently under production. To watch the film's trailer or to pre-order the DVD, visit http://www.tmmediagroup.com/.
Dr. Dre is a Grammy award-winning American record producer who helped shape hip-hop and rap into a cultural phenomenon. His daughter Manaj made headlines across the globe with her original announcement in signing with TM Media Group, as reported by Source magazine, L.A. Times, and AllHipHop.com.
Matthew Harmon, chief executive officer of TM Media Group, stated, 'Manaj clearly learned from the best and is a talent in her own right and I am very excited to bring Manaj's project to life. The explosion of reality television and film is driving a new relationship between artists and their fans. Fans are anxious to learn from Manaj what life is really like in the shadow of Dr. Dre and to get an insider view on a powerful mogul's family. TM Media Group plans to leverage this film to inform fans and market Manaj to the large rap audience. We believe this franchise offers global market appeal and presents another compelling investment opportunity to our shareholders.'
'Working with TM Media Group and Matt Harmon on my project is a dream come true. They respect my creativity and direction and I can feel the success already. I hope to make my fans proud and look forward to reaching a new global audience through my relationship with Matt and his team,' said Manaj.
Additionally, TM Media Group announced recently that the Company has completed listing requirements and that TM Media Group shares are now trading on the Frankfurt Stock Exchange under the symbol 'BYY' (ISIN: US87260Q1040; CUSIP: AOMUM8).
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ALLIANCE SEMICONDUCTOR (OTC: ALSC) "Up 16.1% on Friday
ALSC News:
July 5 - Alliance Semiconductor Files Stipulation for Settlement with Internal Revenue Service
Alliance Semiconductor Corporation (OTC: ALSC) announced recently that pursuant to the terms of stipulated settlement documents filed with the U.S. Tax Court, Alliance will not be liable to make any additional payments for additional taxes previously asserted as due in a Notice of Deficiency with respect to Alliance's 2000, 2001 and 2002 tax years. Alliance's net operating losses will be reduced in connection with the agreement, among other adjustments. In addition, Alliance expects to receive a tax refund of up to approximately $6 million for the 2001 tax year as a result of the terms of settlement. The terms of the settlement remain subject to the approval of the Congressional Joint Committee on Taxation.
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PHOENIX ASSOCIATES (OTC: PBLS) "Up 14.8% on Friday"
Phoenix Associates Land Syndicate, through its wholly-owned subsidiaries, is engaged in the natural resource development, commercial transportation, real estate development and diversified construction businesses. Current company assets include oil leasehold and drilling operations, sand and gravel quarry and mining operations, a contract hauling trucking fleet, diversified construction operations and land-development leaseholds. The Company is experiencing significant organic growth in each of these businesses and is aggressively acquiring synergistic businesses in order to rapidly build capacity.
PBLS News:
July 6 - Phoenix Acquires Southern Concrete Crushing, LLC
Phoenix Associates Land Syndicate (Phoenix) (OTC: PBLS) recently announced that Southern Concrete Crushing LLC has been acquired and will become part of the Phoenix growing aggregate and mining division. Phoenix will convert Southern Concrete Crushing, LLC to a Nevada Corporation immediately.
Paul Alonzo, President and CEO of Phoenix, stated, "This acquisition will allow Phoenix to move into the huge demolition market along the Gulf Coast. Phoenix will now have its own concrete crushing facility for reprocessing and recycling demolished concrete from roads, bridges, etc." Mr. Alonzo added, "Additionally, Phoenix will have mobile crushing and screening capabilities. With this acquisition our company now holds one of the largest stock piles of material of this type available along the Gulf Coast (5 1/2 million tons), with estimated resale value of this material between $10-$21 per ton depending on which products is supplied."
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MEDQUIST INC (OTC: MEDQ) "Up 14.2% on Friday"
MedQuist is the leading provider of medical transcription technology and services, which are integral to the clinical documentation workflow. MedQuist services health systems, hospitals and large group medical practices throughout the U.S., and MedQuist employs approximately 6,300 skilled medical transcriptionists (MTs), making it the largest employer of MTs in the U.S. In the clinical documentation workflow, MedQuist provides, in addition to medical transcription technology and services, digital dictation, speech recognition, electronic signature and medical coding technology and services. MedQuist is a member of the Philips Group of Companies and collaborates with Philips Medical Systems in marketing and product development to leverage Philips' technology and professional expertise to deliver industry-leading solutions for its customers.
MEDQ News:
July 5 - MedQuist Files Form 10-K
MedQuist Inc. (OTC: MEDQ) recently filed its Annual Report on Form 10-K for the year ended Dec. 31, 2005 with the Securities and Exchange Commission (SEC). The filing contains financial information for the years ended December 31, 2005, 2004 and 2003, as well as interim financial information for each quarterly period in 2005, 2004 and 2003. In the filing, MedQuist notes it has not filed periodic reports with the SEC disclosing financial information for periods after December 31, 2005, and that its historic financial information is not a predictor of future financial performance. The filing can be found on the SEC's website at http://www.sec.gov or on MedQuist's website at http://www.medquist.com.
MedQuist has previously disclosed, on a quarterly and annual basis, certain financial information which was preliminary, unaudited, and subject to change based on anticipated adjustments and/or reclassifications arising from the completion of the financial assessment and review of MedQuist's billing practices, the defense and resolution of certain class action matters and SEC and U.S. Department of Justice investigations, and the completion of the review and/or audit of MedQuist's financial statements. The financial information contained in the Form 10-K contains a number of material adjustments and reclassifications to the previously disclosed preliminary and unaudited financial information. Therefore, the previously disclosed financial information for the periods presented in the Form 10-K should not be relied upon.
"The filing of the 2005 Form 10-K is a major step towards MedQuist becoming up to date in its filings with the SEC," said MedQuist President and CEO Howard S. Hoffmann. "This filing has been a tremendous undertaking. We are immediately shifting our attention to completing the work on our remaining outstanding SEC filings, which we anticipate filing during the third quarter of 2007."
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ALPHATRADE.COM (OTCBB: APTD) "Up 13% on Friday"
Launched in 1999, AlphaTrade offer financial data that is modular and multilingual to millions who "follow the market" on a daily basis. AlphaTrade data can be conveniently accessed through a number of Internet-enabled systems, including computers, Web TVs, and wireless hand-held devices. The company's flagship product, E-Gate, offers unparalleled, reliable, and accurate real-time investment information coupled with the most advanced trading analysis tools. For more information, click on www.AlphaTrade.com; contact Investor Relations at IR@AlphaTrade.com; and contact RLM directly at PR@AlphaTrade.com.
APTD News:
July 5 - AlphaTrade Announces the Issuance of 10% Stock Dividend to Its Record Shareholders
AlphaTrade (OTCBB: APTD) is pleased to announce that all the Company's shareholders of record as of July 27, 2007 (the "Record Date"), shall receive a 10% dividend in the form of the Company's common stock. AlphaTrade will issue the dividend through its registered transfer agent two (2) days after the record date on July 31, 2007, to all shareholders owning APTD stock as of the Record Date. All fractional shares will be rounded up upon the dividend's issuance.
As the saying goes...follow the money!
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