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ASIA PROPERTIES INC. (OTC: ASPZ)
Asia Properties, Inc. closed at $.51 Thursday, trading 22,450 shares.
COMPANY NEWS- October 11, 2007: Asia Properties CEO Attends 18th Hotel Investment Conference
Asia Properties, Inc. ("API") announced the attendance of its CEO, Daniel Mckinney at the 18th Hotel Investment Conference, in Hong Kong.
The conference is being held from October 10-12 at the InterContinental Hotel in Hong Kong. As Asia's longest running hotel investment event, the conference has become the most important gathering of hotel investors, financiers and leading industry professionals in Asia. API's CEO, Daniel Mckinney will be meeting and networking with some of the industry's leading executives during this unique three day event. The Conference is supported and sponsored by such companies as: Global Hyatt, Hilton Hotels, InterContinental Hotels, Marriott International, Starwood Hotels, Fairmont Raffles and Shangri-la hotels.
On Tuesday, Asia Properties 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".
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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AMERICAN HOME MORTGAGE INVESTMENT CORPORATION (OTCPK: AHMIQ)
American Home Mortgage Investment Corporation closed at $.20 Thursday, trading 705,997 shares.
COMPANY NEWS- October 10, 2007: American Home Mortgage Shareholder Files Objection To Liquidation Plans
It was reported that a major stockholder in American Home Mortgage wrote that the corporation's description of its losses "stretches the bounds of credibility," and has filed an objection that American Home Mortgage said could hold up plans to sell its servicing unit.
About American Home Mortgage Investment Corporation (OTCPK: AHMIQ)
American Home Mortgage Investment Corporation, a real estate investment trust (REIT), engages in the investment and origination of residential mortgage loans in the United States.
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PROMOTORA VALLE HERMOSO (OTCBB: PVHI)
Promotora Valle Hermoso closed at $2.80 Thursday, trading 215 shares.
COMPANY NEWS- October 10, 2007: Promotora Valle Hermoso, one of the leading providers of housing solutions in Ecuador, announced it has signed an exclusive Letter of Intent to acquire Valerian Kuhn, Inc., a German Corporation involved in sale and installation of structural components. The definitive agreement is expected to be signed by October 22, 2007.
About Promotora Valle Hermoso (OTCBB: PVHI)
Promotora Valle Hermoso invests financial resources in housing projects in Quito, Ecuador and its suburbs.
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NATURAL NUTRITION INC. (OTCBB: NNTN)
Natural Nutrition Inc. closed at $.09 Thursday, trading 6,353,516 shares.
COMPANY NEWS- October 11, 2007: Q3 Revenue Reported By Natural Nutrition Subsidiary
Natural Nutrition Inc announced that its operating subsidiary, InterACTIVE Nutrition Inc (INII), has reported its revenue for the third quarter of 2007. The company reportedly achieved record unaudited sales of CAD4,439,000 and CAD601,000 in EBITDA in the three month period of July, August, and September 2007.
About Natural Nutrition Inc. (OTCBB: NNTN)
InterACTIVE Nutrition International Inc., is partially owned by Corporate Strategies Merchant Bankers, and is a majority owned subsidiary of publicly traded Natural Nutrition, Inc.
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TERRA NOSTRA RESOURCES CORPORATION (OTCBB: TNRO)
Terra Nostra Resources Corporation closed at $2.58 Thursday, trading 541,572 shares.
COMPANY NEWS- October 11, 2007: Terra Nostra First Quarter 2008 Operating Results to be Released October 22
Terra Nostra Resources Corporation, a majority owner of two joint venture companies in the copper and stainless steel industries in China, announced that it will report its First Quarter 2008 operating results and highlights on Monday, October 22, 2007.
About Terra Nostra Resources Corporation (OTCBB: TNRO)
Terra Nostra Resources Corporation, headquartered in Pasadena, California, together with its subsidiaries, operates as a copper and stainless steel company in the People's Republic of china.
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DIGI INTERNATIONAL (NASDAQ:DGII)
Digi International closed at $14.43 Thursday, trading 149,900 shares.
COMPANY NEWS- October 10, 2007: Digi International Sets Date to Release Fiscal Q4 and Year End 2007 Earnings
Digi International will release its financial results for its fiscal fourth quarter and year end 2007 on Thursday, November 1, after market close, and will host a conference call later the same day, at 5 p.m. EDT (4 p.m. CT), to discuss the results. Digi invites all those interested in hearing management's discussion of its quarter to join the call by dialing
About Digi International (NASDAQ:DGII)
Digi International, based in Minneapolis, is a provider of device networking solutions for business.
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