Austin, TX 10/8/2007 10:00:52 PM
Speak with other shareholders about: (OTCBB: RSFF), (Nasdaq: ZIOP), (OTCBB: AUCAF), (OTCBB: TKAT) .
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Resolve Staffing, Inc. (OTCBB: RSFF) Current Price (0.32) .
CINCINNATI--Oct 3--Resolve Staffing, Inc. (OTCBB:RSFF - News) announces that it reached agreement on forbearance and reaffirmation of its credit agreement with its senior lender. Resolve is also pleased to announce a favorable renewal of it workers' compensation program for another year within its PEO division allowing Resolve's continued expansion. With the assistance of CM&D Advisors, Inc., Resolve continues in the investment banking process. As reported previously, Resolve entered into a first dollar, fully indemnified national health care plan with Humana to substantially reduce claims risk and any negative impact on earnings. Resolve HR (Resolve Staffing, Inc.) is a national provider of Human Resource Outsourcing (HRO) Services with offices reaching from New York to California. The Company employs over 6,000 temporary employees per week and, with the merger with ELS (www.elshr.com), Resolve now manages a PEO payroll of over 12,000 worksite employees in over 40 states with operations and service centers throughout the country. Resolve Staffing now provides turn key human resource management services to help its small-business clients tackle increased complexities associated with the employment aspect of their businesses. These services include payroll processing, employee benefits and administration, workers' compensation coverage, effective risk management and workplace safety programs. Resolve also provides a full range of supplemental staffing and outsourced solutions, including solutions for temporary, temporary-to-hire, or direct hire staffing in the medical, trucking, garment, clerical, office administration, customer service, professional and light industrial categories. For additional information on Resolve Staffing visit our website www.resolvestaffing.com.
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ZIOPHARM Oncology, Inc. (Nasdaq:ZIOP) Current Price (3.35) .
NEW YORK--Oct 3--ZIOPHARM Oncology, Inc. (NASDAQ: ZIOP - News) announced today that Dr. Barbara Wallner, Senior Vice President, Technical Operations and Chief Technology Officer, will present at the BIO Investor Forum on Wednesday, October 10, 2007 at 10:45 a.m. PT (1:45 ET) at the Palace Hotel in San Francisco, CA. Dr. Wallner will provide an overview of the Company and an update on its clinical development programs. ZIOPHARM Oncology, Inc. is a biopharmaceutical company engaged in the development and commercialization of a diverse, risk-sensitive portfolio of in-licensed cancer drugs to address unmet medical needs. The Company applies new insights from molecular and cancer biology to understand the efficacy and safety limitations of approved and developmental cancer therapies and identifies proprietary and related molecules for better patient treatment. For more information, visit www.ziopharm.com.
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Australian-Canadian Oil Royalties Ltd. (OTCBB: AUCAF) Current Price (0.40) .
CISCO, Texas--Oct 3--Australian-Canadian Oil Royalties Ltd. (herein called ACOR) (OTCBB:AUCAF - News) is pleased to announce that the operator of PEL 92 advises that the Callawonga-3 well has been flow-tested through production tubing. The Callawonga-3 well was drilled to a total depth of 6,374 feet and intersected 16 feet of oil pay section in the Namur reservoir.The clean-up flow rate for the Namur reservoir in the Callawonga-3 well was 5,660 barrels of oil per day with no water through a 2" line with a wellhead flowing pressure of 500 psi. ACOR management draws no cash salary. ACOR has NO LONG-TERM DEBT. ACOR's principal assets consist of 15,440,116 gross surface acres of overriding royalty interest and 8,561,007 gross acres of working interests, located Onshore Australia in the Cooper-Eromanga Basin and Offshore Australia in the Gippsland Basin in the Bass Strait.
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Teeka Tan Products, Inc (OTCBB: TKAT) Current Price (0.03) .
BOCA RATON, Fla.--Oct 3--Teeka Tan Products, Inc. (OTCBB:TKAT - News) today updated the progress of the proposed merger between Teeka Tan Products (Teeka Tan) and the Taiyuan Rongan Business Trading Company ("TRBT"). On September 12, 2007, Teeka Tan Products announced it entered into a letter of intent to Acquire TRBT and targeted September 15th as the proposed closing date. The merger plans are still progressing as planned and we now anticipate closing the transaction by October 17, 2007. Teeka Tan Products, Inc. engages in the marketing and distribution of sun care products in the United States and internationally. It sells Teeka Tan Suncare products directly to drug stores, supermarkets, surf shops, gift shops, and distributors, as well as resorts, hotels, and retailers. The company was founded in 2002. It was formerly known as IHealth, Inc. and changed its name to Teeka Tan Products, Inc. in 2005. Teeka Tan Products is based in Boca Raton, Florida.
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