Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Cyber Defense Systems, Inc. (OTC BB:CYDF), Sunair Services Corporation (AMEX:SNR) , Athersys, Inc. (OTC BB:AHYS) , GoAmerica, Inc. (Nasdaq:GOAM)
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.12)
Gemini Explorations, Inc. Receives Proposals to Increase Revenue at the Los Chorros Gold Mine
Tuesday October 16, 2:30 am ET
CALGARY, AB----Oct 16, 2007 -- Gemini Explorations, Inc. ("Gemini") (OTC BB:GXPI.OB - News) is pleased to report that it has received a number of joint processing proposals from mine operators and concession holders adjoining and nearby the Los Chorros Gold Mine. Gemini's plans to build a modern mineral recovery plant at Los Chorros and nearby operators using antiquated equipment with low percentage gold recovery have approached Gemini to process their gold ore on a joint net revenue basis. The joint processing proposals present an excellent opportunity for Gemini to accelerate the capital recovery costs of modernizing the Los Chorros mine and to further increase and enhance Gemini's net cash flow. As reported on October 8 2007, Gemini projected that a 100 tonne per day production rate would produce over US$7,300,000 of net cash flow after all costs.
The Los Chorros Mine presents an excellent opportunity for Gemini to take advantage of the near record high gold bullion prices and provides an internal source of cash flow to fund its ongoing development and exploitation of its wholly owned La Planada Gold Project, a potential multi million ounce gold deposit in southern
Historically one of the largest gold producing countries in the world,
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the expectation of the gold production of the property, the expected completion date of the redevelopment and modernization of the Los Chorros Gold mine, the low capital costs to upgrade the Los Chorros operating plant, the assumed production and net cash flow and the multi million ounce potential of the La Planada Gold project.Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2006 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
Michael Hill
President
Gemini Explorations, Inc
Suite 103 , 240-11th Ave SW
Calgary , AB T2R 0C3
http://www.geminiexploration.com
email: info@geminiexploration.com
IR info: 1 877 700 1644
Source: Gemini Explorations, Inc.
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Cyber Defense Systems, Inc.
(OTC BB:CYDF)
Current Price (0.01)
ST. PETERSBURG, FL----Oct 18, 2007 -- Cyber Defense Systems, Inc. (OTC BB:CYDF.OB - News), a designer and developer of next generation unmanned aerial systems (UASs), announced today that the company has received orders from the U.S. Air Force academy for two CyberBug Grandes, support systems and training. Cyber Defense Systems, Inc. (OTC BB:CYDFE.OB - News) (http://www.cduav.com) is designing and building a new generation of UAV's. Cyber Defense located in St. Petersburg, FL is currently marketing airships and their CyberBug(TM) UAV's to various branches of the U.S. government and U.S. allies as multi-use platform vehicles capable of deployment in surveillance and communication operations.
Sunair Services Corporation
(AMEX:SNR)
Current Price (2.82)
Athersys, Inc.
(OTC BB:AHYS)
Current Price (1.00)
CLEVELAND, Oct. 18, 2007 -- Athersys, Inc. (OTC BB:AHYS.OB - News), announced that its Registration Statement on Form S-3 was declared effective on Thursday, October 18, 2007, by the Securities and Exchange Commission. The Registration Statement registers for resale 13,531,781 shares of the company's common stock on behalf of certain securityholders, and 4,976,470 shares not yet outstanding that are issuable upon the exercise of warrants. The company will not receive any of the proceeds from the resale of these shares. The company currently has 18,927,988 shares of common stock outstanding.Athersys is a biopharmaceutical company engaged in the discovery and development of therapeutic product candidates designed to extend and enhance the quality of human life. The company's lead product candidate, ATHX-105, is an oral, selective 5HT2c receptor agonist in Phase I clinical trials for the treatment of obesity. The company is developing other orally active pharmaceutical product candidates for the treatment of metabolic and central nervous system disorders, utilizing proprietary technologies, including Random Activation of Gene Expression (RAGE). Athersys is also developing MultiStem(r), a patented adult-derived, ``off the shelf'' stem cell product platform for multiple disease indications, including damage caused by myocardial infarction, bone marrow transplantation/oncology support, ischemic stroke and other indications.
GoAmerica, Inc.
(Nasdaq:GOAM)
Current Price (7.16)
HACKENSACK, N.J., Oct. 17 -- GoAmerica, Inc. (Nasdaq: GOAM - News), a provider of communications services for people who are deaf, hard-of-hearing, or speech-disabled, today announced that it had received a letter from Nasdaq, dated October 16, 2007. The letter states that the Company violated Marketplace Rule 4350(i) in connection with the issuance of shares of its Series A Preferred Stock in August 2007, because, while the conversion of the Preferred Stock into Common Stock without shareholder approval was restricted in the Certificate of Designation, the restriction was only applicable while the Company's Common Stock was listed on Nasdaq or another exchange. The letter also states that the Company has regained compliance with the Rule by forwarding to Nasdaq a copy of an agreement between the purchaser of the Series A Preferred Stock and the Company confirming that such restriction on conversion will remain in place until shareholder approval has been obtained. GoAmerica, Inc. provides various accessible communications services to people who are deaf, hard of hearing, and/or speech impaired. It offers telecommunications relay services (TRS) and wireless subscription services, as well as sells wireless handheld devices. Its TRS enable standard voice telephone users to talk to people who have difficulty hearing or speaking on the telephone by having a relay operator interpret for both parties via text-to-voice interpretation or sign language-to-voice interpretation. The company's relay services include i711.com text and video relay services, which permits deaf consumers to contact a TRS operator to place a live telephone call to a hearing party by using wireless handheld devices or personal computers; i711 Call Me, which permits hearing parties to contact deaf consumers through a personal toll-free number that is directed to its relay platform; and i711.com VRS that uses sign language interpreters to facilitate calls. Its wireless subscription services include the resale of recurring monthly data-only services for deaf or hard of hearing customers, value added services, Wireless Toolkit, which is a collection of services that include AAA Roadside Assistance, TTY/TDD messaging, and access to Insight Cinema's captioned movie information. The company also sells wireless communications devices through its dealer agreement with T-Mobile. GoAmerica markets its services through sales professionals, online shopping portal, dealers, and value added resellers. The company was founded in 1996 and is based in
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