Austin, Texas 7/25/2007 9:49:59 PM
Speak with other shareholders about: (OTCBB: EAGB), (OTCBB: TTGL) and (OTCBB: LUCE) .
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Eagle Broadband, Inc. (OTCBB: EAGB), a leading national provider of broadband, Internet Protocol (IP) and digital communications technology and services, today announced that its Eagle Satellite Systems Group (ESS) within the IT Services division will relocate two key Team leaders to Dallas to grow the ESS Dallas operation.
Donna and Steve Smith will head up the Dallas/Fort Worth Area office located in Grand Prairie, TX. Effective immediately, Donna is the Office Manager and Steve is the Installation Manager, Satellite Services for the Grand Prairie office overseeing all VSAT Satellite installations in the North Texas area as well as central and north Louisiana. They have twenty-three years combined experience in the commercial satellite dish installation and service business, playing key roles in managing ESS's record revenue breaking first three months.
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Titan Global Holdings, Inc. (OTCBB: TTGL), a high-growth diversified holding company, announced today the formation of a strategic partnership whereby NewGen Technologies will be the exclusive supplier of biofuels for Appalachian Oil Company (APPCO). The Company recently announced the execution of a definitive purchase agreement to acquire 100% of the outstanding stock of APPCO, representing the new Titan Energy Division's initial acquisition in the energy sector.
Under the terms of the agreement, following the completion of the Appco acquisition agreement, Titan will enter into a contract with NewGen for a term of 10 years providing Refuel America, Inc., a wholly owned subsidiary of NewGen, with the exclusive right to supply biofuel products to Appco or its affiliates at the then prevailing market price for such biofuel products at the time an order was placed ("Supply Contract"). Each of Appco (or its affiliates) and Refuel America, Inc., will be permitted to terminate the Supply Contract solely with cause upon 60 days' prior notice.
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Lucas Energy, Inc. (OTCBB: LUCE), a U.S. based independent oil and gas company, today announced it has received $12 million in subscriptions to purchase restricted shares of the Company's common stock at a price of $1.15 per share and warrants to purchase common stock at a price of $2.00 per share. As of July 20, 2007, the Company has cleared funds for the purchase of 6,956,522 shares of restricted, common stock from 25 investors. The Company received total net proceeds of $7,280,000 from these share sales. The Company has issued those shares and has also issued 6,956,522 warrants to purchase shares of common stock to those investors. Upon receipt of the remaining $4 million, the Company will issue the corresponding numbers of shares and warrants to the investors. Both the stock and warrants issued are restricted from sale for a period of at least one year under Rule 144.
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Release date: 25 Jul 2007