Austin, Texas 11/16/2007 11:53:29 PM
Speak with other shareholders about: (OTC: SRSR), (NASD: LOCM), (OTCBB: NNTN), (OTCBB: MMDA), (OTCBB:FVRG).
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SARISSA RESOURCES (OTC: SRSR) "Up 33.33% in morning trading"
Sarissa Resources Inc. is a North American exploration junior with initial exploration properties in Northern Ontario, Canada. These properties include PGE, diamond and base metal exposure.
SRSR News:
November 15 - Sarissa Resources Inc. Acquires Another Uranium/Copper Property in the Elliot Lake Camp in Northern Ontario
Sarissa Resources, Inc. (OTC: SRSR) announced that it has acquired a Uranium/Copper mineral property in the Elliot Lake Camp in Albanel Township, situated in Northern Ontario. This property represents approximately 480 acres of land. The property is along an identified trend. Ben Fuschino, CEO, comments, "This property seems to be the last available piece of mining land available in this established uranium/copper/gold trend, and we, at Sarissa, are very lucky to have acquired this piece of land. This will be my last acquisition before Scott Keevil takes over the CEO position on December 1."
Scott Keevil adds, "The price upswing in uranium over the past few years makes it much more exciting from an exploration viewpoint and this area looks to have some great potential for both uranium and copper. I'm looking forward to seeing how this property group can best be exploited for Sarissa's benefit. Overall, I think the current board has done a good job in acquiring this property as well as others properties in their current exploration portfolio."
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LOCAL.COM CORPORATION (NASD: LOCM) "Up 23.32% in morning trading"
Local.com (NASD: LOCM) is a top U.S. website attracting approximately 10 million visitors each month seeking information on local businesses, products and services. The company also owns and operates a UK version of the Local.com site (http://uk.local.com). Local.com is also one of the largest local search syndication networks, publishing business information on over 400 regional media sites. Powered by the company's patented local web indexing and Keyword DNA technologies, Local.com provides users with targeted, relevant local search results, including special offers from local businesses, user reviews, local businesses' website links, maps, driving directions and more. Businesses can advertise on Local.com with subscription, pay-per-click, banner and pay-per-call ad products. The site's mobile service, Local Mobile, provides local search results via mobile phones and devices. Local.com claims U.S. patent numbers 7,231,405 and 7,200,413. For more information, visit www.local.com.
LOCM News:
November 15 - Local.com Begins Licensing Local Search Technology
Syndication Contracts Now Include License for U.S. Patent No. 7,231,405
Local.com Corporation (NASD: LOCM), a leading local search engine, today announced the signing of five license agreements for U.S. Patent No. 7,231,405, which covers methods for indexing and retrieving web-related information by geographical location.
The patent licenses have been integrated into revised contracts for Local.com's LocalConnect platform, which was recently expanded via the acquisition of PremierGuide. Former PremierGuide clients Community Newspaper Holdings, Inc. (CNHI), GateHouse Media, Inc., Herald Association, Inc., Intellistrand, LLC and The Telegraph, including over 200 sites owned and operated by these properties, have now completed revised contracts directly with Local.com.
"We are pleased to license our patented local search technology to these companies and we look forward to signing more licenses over time," said Heath Clarke, chairman and CEO, Local.com. "Our method of geographical searching and indexing of data by location helps to deliver the most relevant local search results, and we encourage other companies that are interested in improving their local search results to consider licensing Local.com's powerful technology."
The patent claims cover local search technology related to identifying location information from web documents, indexing that information and making it searchable geographically. In Local.com's commercial implementation of the technology, the search results are ranked by search term, LocalRank score, and location prominence, among other factors. The system then extracts, matches and indexes web pages from the Internet and generates web references where applicable on more than 16 million local businesses listed nationwide on Local.com.
Local.com announced in July 2007 that it was granted U.S. Patent No. 7,200,413 by the U.S. Patent and Trademark Office. This patent covers a method of responding to enhanced directory assistance inquiries using various protocols, including voice-enabled and SMS systems. The method is designed to monetize those local searches. Local.com has a number of additional local-search-related patent applications pending.
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NATURAL NUTRITION (OTCBB: NNTN) "Up 20.00% in morning trading"
Natural Nutrition, Inc., through its subsidiary, engages in financing and investing activities. The company's operations include equipment leasing, factoring, loan brokerage activities earned in originating and selling business leases, providing short term secured lending, and investing in marketable securities. It also engages in trading marketable securities and options. The company was formerly known as CSI Business Finance, Inc. and changed its name to Natural Nutrition, Inc. in 2006. Natural Nutrition is headquartered in Houston, Texas.
NNTN News:
November 14 - Natural Nutrition to Report Record Revenue and EBITDA in Late Filing of 10-QSB
Natural Nutrition (OTCBB: NNTN) reported record revenue and EBITDA in late filing of 10-QSB.
Chris Mathers, CFO of Natural Nutrition said, "Due to circumstances beyond the company's control the 10-QSB filing for Natural Nutrition will not be filed until Friday, November 16, 2007. The Company will report record revenue of $12.644 million and record EBITDA of $1.466 million for the company's primary operating subsidiary, InterACTIVE Nutrition International Inc., in the company's 10-QSB filing, for the nine months ended September 30, 2007."
InterACTIVE Nutrition International Inc. is a majority owned subsidiary of publicly traded Natural Nutrition, Inc. and is partially owned by Corporate Strategies Merchant Bankers. InterACTIVE Nutrition is an international leader in sports and nutritional supplements backed by over 10 years of research, development and sales of sports nutrition products in over fifteen countries throughout the world. InterACTIVE Nutrition's trusted products are scientifically formulated, and manufactured to improve athletic performance and overall health. For more information on any of InterACTIVE Nutrition's products, visit www.interactivenutrition.com.
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MEGA MEDIA GROUP (OTCBB: MMDA) "Up 25.00% in morning trading"
Mega Media Group, Inc. is a multi-media holding company whose divisions offer a broad range of services, including corporate and celebrity branding, talent management, music production and distribution, video production and distribution and radio broadcasting.
MMDA News:
November 14 - Mega Media Group Enters into Long Term Radio Lease Agreement for FM Frequency
Broadcasting Division Executes Five Year Deal For 87.88MHz (FM)
Echo Broadcasting Group, Inc., the radio broadcasting division of Mega Media Group, Inc. (OTCBB: MMDA), announced the execution of a long-term lease agreement with Island Broadcasting Company.
The five year lease agreement with station-owner Island Broadcasting Company is for the frequency located at 87.88MHz (FM), which transmits to all five boroughs of New York City, Long Island, northern and central New Jersey, and southern Connecticut. Mega Media previously held a lease for 87.75MHz (FM) and expands the reach of its programming by switching to this new and more powerful frequency.
Commenting on the announcement, Mega Media's CEO, Alex Shvarts, stated, "The increased reach of this new frequency will give Mega Media the potential to become a more viable player in the New York City radio market. In addition, the security of a long-term lease agreement will allow us to invest more aggressively in our radio programming division in the coming months."
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FOREVERGREEN WORLDWIDE CORPORATION (OTCBB: FVRG) "Up 16.55% in morning trading"
ForeverGreen Worldwide Corporation, a network marketing company, through its subsidiary, ForeverGreen International, LLC, focuses on the whole foods and natural products. It produces whole foods, nutritional supplements, personal care products, and essential oils. The company's products include FrequenSea, a whole food beverage tonic consisting of marine phytoplankton, ionic sea minerals, frankincense, and aloe vera in a blend of blueberry, cranberry, and lime juice concentrates; 24 Karat Chocolate, a guilt-free organic chocolate; weight management products, such as Thunder meal replacement drink, Lightning supplement capsule, Dynamic Plus, Probiotic Plus, Thunder DeLite, and Rain; FoodFirst products, such as Nice bars, Finally Fruit dried fruit medley, Great Start breakfast cereal, Harvest Mix snack blends, Nature's Mix biscuits and muffins, Meal Makers, Parched Pulse, salsa, and salad dressing; EarthTribe Farmacy products; ForeverYoung essential oils; personal care products; and healthy alternatives. The company primarily sells its products in the United States, Australia, Canada, Japan, New Zealand, Singapore, and the United Kingdom. ForeverGreen is headquartered in Orem, Utah.
FVRG News:
November 15 - ForeverGreen Utilizing Net Income to Expand Operations
ForeverGreen Worldwide Corporation, (OTCBB:FVRG) a manufacturer and distributor of all natural whole foods, today announced the company achieved a third consecutive quarter of positive net income which is fueling its international expansion.
In addition to ForeverGreen's international efforts, the company launched a successful marketing campaign in its domestic market. This provided increased incentives and bonuses to distributors that achieved additional rank and volume goals. As a result of this promotion, August sales were very good in an industry that typically shows decreased sales in the summer months.
"ForeverGreen is well poised to reap the rewards of our efforts to expand internationally," stated CEO Ron Williams. "In the past few weeks Mexico and Australia have come online with the new business model and will begin to impact our financial performance in this fourth quarter. As a result of investing in these markets, our net income dipped down from the previous quarter but the investments into our growth strategies will pay dividends moving forward. I am very pleased with the current position of the company and I am willing to continue investing in our long term growth strategies."
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