Austin, TX 10/9/2007 9:56:29 PM
Speak with other shareholders about: (OTC: ASPZ); (OTCBB: CAMH); (OTCBB: TCHH); (OTCBB: GLIF); (OTCBB: ONGO); (NYSE: AHT)
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ASIA PROPERTIES INC. (OTC: ASPZ)
Asia Properties, Inc. closed at $.53 Monday, trading 13,950 shares.
COMPANY NEWS- October 9, 2007: ASIA PROPERTIES CHINA RESORT ACQUISITION TERMS
Asia Properties, Inc. (API) (OTC: ASPZ) announced the terms upon which it has closed on the acquisition to acquire a 75% control interest of a resort property near Guangzhou, China.
Daniel Mckinney, API's CEO, commented, " As we announced yesterday, I am delighted to inform our API shareholders that we have already closed the acquisition of the Swiss Garden Holiday Village, in Guangzhou, China. The resort has revenues in the region of US$5 million and a net profit for 2007 estimated at US$2.5 million. As such, I am pleased to be able to reconfirm our 2007 guidance for revenues, and consolidate this US$40 million asset onto our balance sheet".
The Swiss Garden Holiday Village encompasses 25 acres of villas, condos and a hotel with an exhibition centre and business conference centre. It sits on the side of a lush mountain overlooking a popular lake in the area. Swiss Garden has built a total of 65 villas, 114 apartments and current construction includes a clubhouse and 12 more villas with total area of 44,000 square meters. The total assets of the development are RMB 305 million (US$40 million). The acquisition was paid for in restricted shares and cash. Shareholders will be advised of the acquisition details as soon as possible.
API paid 4 million shares of restricted stock and $30,000 cash for legal expenses and other closing costs for the $40 million resort acquisition.
About Asia Properties, Inc. (OTC: ASPZ)
Asia Properties, Inc. was established to develop 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.
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CAMBRIDGE HEART, INC. (OTCBB: CAMH)
Cambridge Heart, Inc closed at $2.38 Monday, trading 3,627,280 shares.
COMPANY NEWS- October 8, 2007: Cambridge Heart Announces Preliminary Third Quarter 2007 Revenue Results
Cambridge Heart, Inc. announced its preliminary revenue results for the third quarter ended September 30, 2007. Based on preliminary results, the Company expects to report third quarter 2007 revenue of approximately $2.7 million. As a result, the Company does not anticipate achieving its 2007 full-year revenue guidance of $14 to $16 million.
About Cambridge Heart, Inc. (OTCBB: CAMH)
Cambridge Heart is engaged in the development and commercialization of products for the non-invasive diagnosis of cardiac disease, particularly the identification of those at risk of sudden cardiac arrest.
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TRUSTCASH HOLDINGS, INC. (OTCBB: TCHH)
Trustcash Holdings, Inc. closed at $1.24 Monday, trading 141,150 shares.
COMPANY NEWS- October 7, 2007: Trustcash Provides Additional Information on Proposed Acquisition/Merger
Trustcash Holdings, Inc. confirmed that the term sheet referred to in the October 5, 2007 news release from the Company is a binding agreement (the "Agreement"). The Agreement with Paivis, Corp. (OTCBB: PAVC) ("Paivis") outlines the terms of an acquisition/merger wherein Trustcash will acquire all of the issued and outstanding Common and Preferred shares of Paivis and its subsidiaries; on a share for share basis. The closing of the merger is subject to amongst other things the completion of legal and financial due diligence. This Agreement will be filed, in the form required, with the Securities and Exchange Commission within the required timeframe.
About Trustcash Holdings, Inc. (OTCBB: TCHH)
Through its Trustcash brand and website www.trustcash.com, the Company is a provider of anonymous payment systems for the internet.
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GRANT LIFE SCIENCES, INC. (OTCBB: GLIF)
Grant Life Sciences, Inc. closed at $.017 Monday, trading 17,729,977 shares.
COMPANY NEWS- Oct 08, 2007: It was announced that Grant Life Sciences Inc. has been on the NASDAQ, AMEX and NYSE naked short threshold list for 13 consecutive trading days.
About Grant Life Sciences, Inc. (OTCBB: GLIF)
Grant Life Sciences, Inc., founded in 1998 and based in Los Angeles, California, is a development stage company that engages in the development of antibody-based screening tests to screen woman for cervical cancer and pre-cancerous conditions.
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ON THE GO TECHNOLOGIES GROUP (OTCBB: ONGO)
On The Go Technologies Group closed at $.0042 Monday, trading 30,858,527 shares.
COMPANY NEWS- October 8, 2007: On The Go Achieves Cisco Premier Certified Partner Status
On The Go Technologies Group announced that the Company has met all the requirements to become a Cisco Premier Certified Partner. The Certification is much in demand and held by few Canadian companies. This accomplishment stands alongside OTG's other industry leading accreditations: HP and IBM Premier Business Partner and Microsoft Gold Certified Partner.
About On The Go Technologies Group (OTCBB: ONGO)
On The Go Technologies Group is a North American corporation focused on acquiring versatile and profitable companies in the IT sector.
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ASHFORD HOSPITALITY TRUST, INC. (NYSE: AHT)
Ashford Hospitality Trust, Inc. closed at $10.40 Monday, trading 821,800 shares.
COMPANY NEWS- October 8, 2007: Ashford Hospitality Announces $103 Million of Asset Sales
Ashford Hospitality Trust, Inc. announced that it has completed the sale of three hotels for $35.0 million and has three additional hotels under contract for a total of $68.5 million that are expected to close in the fourth quarter of 2007. The pricing equates to a 7.3% trailing 12-month NOI cap rate.
About Ashford Hospitality Trust, Inc. (NYSE: AHT)
Ashford Hospitality Trust is a self-administered real estate investment trust focused on investing in the hospitality industry across all segments and at all levels of the capital structure, including direct hotel investments, first mortgages, mezzanine loans and sale-leaseback transactions.
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