News / Business
Speak with other shareholders about: (OTC: MCCY), (OTCBB: FMLY), (OTC: ASPZ), (OTCBB: EYII), (OTCBB: CBEL), (OTC: OBFM) .
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MEDIA CITY CORP. (OTC: MCCY)
Media City Corp. closed at $,45 Monday, up 43%, trading 2,969,044 shares.
Company News- July 24, 2007: Effective Control Trucking LLC. Announces Five More Letters of Intent and an Update on Previous Letters
Effective Control Trucking LLC. is a wholly owned subsidiary of Media City Corp. President Raphael Huppe announced that five new Letters of Intent have been signed. "We are very happy to keep our shareholders apprised of the most recent developments in our contract cycle," said Mr. Huppe. "We have just signed off on five more Letters of Intent, valued in excess of $15 million."
"We are also moving forward at a rapid pace on the previous LOI's that have been announced and hope to have final contracts on these very shortly. Our working relationship with our clients is very strong and the industry network is very close; so we continue to see our clients as our best champions for our product. Our work with some of the major players in the industry is progressing very nicely and we continue to receive many unsolicited requests for the technical data for our product not only from the smaller companies but also from the companies with multiple thousand truck and trailer fleets," added Mr. Huppe. "These requests are not only from within North America, but from around the world; we are truly a global solution for the industry."
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
About Media City Corp. (ECN Holding) (OTC: MCCY)
ECN Holding is an information technology firm that has developed fully integrated solutions for trucking and fleet management along with the highest level of technical expertise which enabled it to service a wide range of customers, providing tailored solutions. Our system provides customers with real time management tools which are easy to apply and use.
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FAMILY ROOM ENTERTAINMENT CORPORATION (OTCBB: FMLY)
Family Room Entertainment Corporation closed at $.0008 Monday, up 33%, trading 315,196,377 shares.
Company News- July 24, 2007: Family Room Entertainment Officer Purchases Additional Shares on the Open Market
Family Room Entertainment Corporation, in accordance with Regulation "FD" (Full Disclosure), announced that Co-chairman and CEO George Furla purchased 10,000,000 shares of FMLY on July 20th on the open market at a per share price of $0.0006. To date, George Furla has purchased 228,606,200 shares of FMLY.
About Family Room Entertainment Corporation (OTCBB: FMLY)
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions ("EFFP"), Emmett Furla Films Distribution ("EFFD") and EFF Independent (EFFI"), is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY". Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment's goal, through EFFI and EFFP, is to facilitate relationships (and as such, provide production related services) between creative talent (including writers, actors and directors) and companies who produce, finance and distribute motion pictures. FMLY derives its income from producer fees, production consulting and service fees and royalties as well as participation in the profits, if any, of certain of the pictures it produces.
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ASIA PROPERTIES INC. (OTC: ASPZ)
Asia Properties, Inc. closed at $0.36 Monday, trading 26,000 shares.
Company News- July 24, 2007: Asia Properties Rides Property Boom in Asia
Asia Properties, Inc. or "API" reported on property deals in Asia.
"API is pleased to be participating in the Asian property investment boom that is currently underway," said Asia Properties CEO Daniel McKinney. On July 18, 2007 Ryan Chittum, writing in The Wall Street Journal, quoted Jones Lang LaSalle, a Chicago based global commercial real estate firm, and stated that investment in the Asia-Pacific region was up 15% to US$55 billion in the first six months of this year from US$48 billion in the year-earlier period. With growth in the region strong and interest rates low, Jones Lang LaSalle sees investment interest in Asian properties remaining strong in the year's second half. As a result, McKinney added: "Asia Properties remains bullish and plans an aggressive acquisition program in Philippines resort sites over the next 6-12 months."
API is currently negotiating to acquire the majority of a tropical island and create a new tourist destination with four, five and six star resorts with major international hotel brands managing the resorts. Our planned acquisition in the Philippines, if successful, will be the largest investment and single most important transaction in the history of API.
About Asia Properties, Inc. (OTC: ASPZ)
Asia Properties, Inc. was established to invest in resorts and prime real estate in Thailand and Southeast Asia. Asia Properties currently operates as the only listed U.S. public company focusing on S.E. Asian real estate investments, where investors can invest in Asian real estate and hold the investment in the form of a security trading on a U.S. securities market.
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EYI INDUSTRIES, INC. (OTCBB: EYII)
EYI Industries Inc. closed at $.0016 Monday, up 33%, trading 13,935,050 shares.
Company News- July 24, 2007: EYI Announces Agreement with Mach 3
EYI Industries Inc. announced that its wholly owned subsidiary, Essentially Yours Industries (International) Limited ("EYI INT") has signed an agreement with Mach 3 Manufacturing, LLC ("Mach 3").
The agreement between EYI INT and Mach 3 is for a new fuel enhancement product, Mach 3 SEFS HD ("SEFS HD"), designed for heavy duty diesel internal combustion engines, turbines, locomotives, open combustion furnaces and boilers, power generating and marine diesel engines. EYI INT has been granted the rights to market and sell SEFS HD for an initial term of three years in the following countries: Philippines, Taiwan, Japan, Malaysia, Thailand, Indonesia, Singapore, India, Pakistan, Vietnam, Australia, New Zealand, Norway, USA, Canada and Mexico. Concession for the exclusive distribution rights for the above mentioned countries has been provided by Chinaoil (USA) Inc.
In lieu of a licensing fee, Mach 3 will receive 5% of EYI INT's authorized share capital upon completion of EYI INT's increase in authorized share capital to 30,000,000 shares.
EYI INT President & CEO Mr. Dori O'Neill states, "We believe that receiving the rights to sell SEFS HD in different countries will benefit our distributors and shareholders."
About EYI Industries Inc. (OTCBB: EYII)
EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue (TM) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(R), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(R) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE, is experiencing similar success to CALORAD(R) and bringing our customers the benefits of a natural Energy drink. EYI markets its products through an extensive network of Independent Business Associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs. More information on this company can be found at: http://www.stopdrinkingpoison.com/
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CYBERTEL CAPITAL CORPORATION (OTCBB: CBEL)
CyberTel Capital Corporation closed at $.0035 Monday, up 37%, trading 10,311,903 shares.
Company News- July 23, 2007: CyberTel Capital Corporation Announced Today That Its Wholly Owned Subsidiary AireWire Has Signed a Master Vendor Agreement to Provide Site Survey for a Major WiFi Hotel Rollout
CyberTel Capital Corporation announced that its subsidiary, AireWire, Inc., has signed a Master Vendor Agreement to provide site survey, program management and installation services for a major WiFi hotel rollout.
"Our negotiations were successful," said Walt Henley, President of AireWire. "This project will increase revenues and profits for AireWire over the coming months. We currently anticipate completing several hundred surveys in the remainder of this year. I have every confidence in our team's ability to execute."
The Master Vendor Agreement allows AireWire to enter subsequent phases of the project without negotiation new terms and conditions. The current phase of the project will yield revenues in excess of $200,000.
About AireWire
AireWire is a wholly owned subsidiary of CyberTel Capital Corporation (OTCBB: CBEL) and offers Broadband Radio, IP Engineering and Consulting Services for the Wireless and Telecommunications Industries. More information on AireWire, Inc. can be found by visiting its web site at www.airewire.com.
About CyberTel Capital Corporation (OTCBB: CBEL)
CyberTel Capital Corporation is a holding company with interests in areas of telecommunications, data management, information systems and public safety communication and response solutions. CyberTel trades on the OTC Bulletin Board under the ticker symbol CBEL. For more information on CyberTel or AireWire contact investor@cbclinc.com or visit web site at www.airewire.com.
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OBEES FRANCHISE SYSTEMS, INC. (OTC: OBFM)
Obee's Franchise Systems, Inc. closed at $.045 Monday, trading 419,272 shares.
Company News- July 23, 2007: Obee's Franchise Systems, Inc. Announces New Stock Symbol - OBFM
Obee's Franchise Systems, Inc. announced that the company has been issued a new stock trading symbol. The new symbol is OBFM. The change coincides with the 30-1 stock split that was completed at the opening of trading this morning.
About Obee's Franchise Systems, Inc. (OTC: OBFM)
Obee's Franchise Systems Inc. is a publicly-traded company on the over-the-counter market. Obee's currently has over 50 restaurants open and in development across 21 states. The company has commitments to open over 1,000 additional locations over the next ten years. The chain has won numerous local and regional awards for its food menu and service.
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As the saying goes...follow the money!
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Release date: 25 Jul 2007
