Austin, TX 11/30/2007 11:36:07 PM
Speak with other shareholders about: (OTCBB:STTK), (Pinksheets:OGNA), (OTCBB:WDAM), (OTCBB:INBG)
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About Smart-tek Solutions Inc.
Smart-tek Solutions Inc. (SSI) is the parent technology holding company and radio-frequency identification (RFID) software/hardware development company providing turnkey state of the art RFID systems.
Smart-tek Communications Inc. (SCI) is the Company's initial acquisition in this sector and is appropriately positioned to pursue additional acquisitions in order to restore and enhance shareholder value.
News Today:
Nov 29, 2007 -- Smart-tek Solutions, Inc. (OTCBB:STTK), announced today that its' operating subsidiary, Smart-tek Communications Inc. (SCI), has started work on the Rise project valued at $410,000.00.
The Rise is a spectacular 275,000 square foot development located near Downtown Vancouver, British Columbia. It is a mixed commercial and residential project by Grosvenor International that will feature retailers such as Save-on-Foods, Home Depot, and Winners on the bottom and have fabulous live/work spaces above.
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About OG Nation, Inc.:
OG Nation, Inc. is an innovative new lifestyle company dedicated to building long-term success both through the creation of a unique and recognizable brand name, and through the integration of commercial success with social awareness. Convinced that "success" in business has long been too narrowly defined, OG Nation was founded by a group of visionary beverage industry executives who shared a common goal of leveraging the power of commerce in a way that was consistent with their desire to foster greater inclusion in the business world. Led by their President and Chairman of the Board, the well-known and accomplished Hall-of-Fame tailback, actor, entrepreneur, and social activist Jim Brown, the team of seasoned industry executives have set out to become one of the leaders in the beverage industry through developing, distributing and marketing their signature product lines. For more information, visit the Company website at: www.ognation.com.
News Today:
Nov 29, 2007 -- OG Nation, Inc. (PINKSHEETS: OGNA) announced today that former Olympic track and field and NFL star with the the Los Angeles Rams and Los Angeles Raiders will become OG Nation's distribution spokesperson effective immediately. OG Nation will benefit significantly from Mr. Brown's experience in a wide variety of very successful business ventures over the last 15 years. As the distribution spokesperson, Mr. Brown will provide needed experience for OG Nation in the early stages of putting their products into the marketplace.
"We are delighted to have Ron Brown on board as our distribution spokesperson. His records in business and non-profit organizations speak for themselves. We are looking to add experience and star power to OG Nation as possible and Mr. Brown is a great addition for us," said Giovani Lucianno, CEO of OG Nation, Inc. "Our goal is to build a strong foundation for our Company for our shareholders and execute on our business plan," concluded Mr. Lucianno.
About Ron Brown
Ron Brown is an Olympic gold medalist and former NFL wide receiver. Drafted in the second round of the NFL draft out of Arizona State University, Mr. Brown ran the second leg in the 4X100 relay team that won the gold medal and set the world record in the 1984 Summer Olympics in Los Angeles. He went on to a distinguished career as a wide receiver and kickoff return specialist in the National Football League, playing for nine years with the Los Angeles Rams and Los Angeles Raiders before retiring from the NFL in 1991. Since that time, Mr. Brown has been involved in numerous successful business ventures, but has more importantly dedicated much of his time and effort to various non-profit and mentoring organizations.
He is currently involved with an organization called Choices.org, an interactive decision-making workshop that empowers teens to achieve academic success in pursuit of their career and life aspirations. He has also done work with NFL Goals for Life, mentoring kids in schools and correctional facilities. As a former world-class athlete, Ron Brown knows what type of dedication and will it takes to succeed at the highest level. His commitment to excellence and work in championing social causes are especially appropriate to the express dedication of OG Nation to addressing issues of social inequity.
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News Today:
Nov 29, 2007 -- World Am, Inc. (OTCBB:WDAM) today reported that its Senz-It, Inc. subsidiary has been awarded a United States Air Force biological development contract, worth up to $417,000. Under terms of the agreement, Senz-It will have the opportunity to prove the feasibility of its detection technology by providing test stations to detect and measure biological substances that are potential threats to the U.S. military.
Under the terms of the agreement, the company will be reimbursed for expenses, up to $417,000, spent to set up and test its detection technology for the United States Air Force. The company also announced that it has already submitted a proposal for a follow-on second phase of this detection effort that, if granted, could lead to additional fees of $1,400,000 in 2008.
"This project will enable the Air Force Institute for Operational Health's Applied Technology Center, at Brooks City Base in Texas, to evaluate Senz-It's patented technology and compare it with other testing methodologies," said Robert A. Hovee, World-Am's Chairman and CEO.
"This award is a major milestone in our commercialization efforts," Mr. Hovee said. "It underscores the significant potential applications of Senz-It's cutting-edge technology.
"This initial development assignment from the Air Force is intended to launch and deploy a new generation of detection technologies to identify and quantify potential threats to our military's safety.
"The ability to create a platform that provides the instant, simultaneous measurement of chemical and biological analytes is the goal," said the CEO.
"Confirming our technology's promise, by successfully performing under this Air Force development contract, would help substantiate our belief in this technology. The second phase would continue the efforts covered under the initial contract and could take the project to initial implementation."
Senz-It's core detection technology, developed to detect and measure biological substances, is based on molecular imprinted xerogels with a fluorescent report molecule, affixed to the immediate proximity of the target's binding site within the xerogel. Senz-It technology's unique advantages include:
World Am has two operating subsidiaries, Senz-It and Isotec.
Senz-It represents an innovative advancement in the field of micro-sensors that has applications in Homeland Security, indoor air quality monitoring, food safety, and health care. Its potential products are intended to compete in the developing field of real-time detection and notification devices, and are being designed to identify patterns of molecules present in liquid, and gas environments for significantly less cost than current approaches.
Senz-It's sister subsidiary is Isotec, whose solutions provide "Protection, not just Detection." It develops, integrates and supplies Automated Security Portals, broadly categorized as access control, weapons control, or materials control systems that rigorously control entry or exit of people and materials into and/or out of a facility, while reducing the need for security personnel. Applications of the technology have been delivered to the commercial, retail and government sectors. Isotec's experience in this field allows it to provide high quality, code compliant, application-optimized solutions at the lowest cost in the shortest timeframe.
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About International Building Technologies Group, Inc.
International Building Technologies Group, Inc. and its wholly owned subsidiary, International Building Technologies, Inc., is a manufacturer and developer of light panel technology to be used for residential and commercial businesses, primarily in regions that are at risk of earthquakes and hurricane-like winds. For more information visit www.ibtgi.com.
News Today:
Nov 29, 2007 -- International Building Technologies Group, Inc. (OTCBB:INBG) announced today that the Company has filed its 3rd quarter financials for 2007.
In the 10QSB for the nine months ended September 30, 2007, the expense labeled "due to the change in fair value of Derivative Liability" was removed from the financials due to the adoption of FAS 150. This accounting change resulted in the removal of approximately $351,817 of expenses that was reflected in the second quarter financials ended June 30, 2007. These expenses were related to new debts the company acquired during the year. We believe that the treatment under FAS 150, among the diversity in accounting treatments that exist, is more appropriate and more accurately reflects the Company's position.
The Company also provided the following updates: IBT Management visited Suijiang, China in November 2007 to meet with Chinese government officials on the planned factory for the production of IBT building panel. A primary purpose of the visit was to negotiate a land deal in Suijiang, China for the factory so that production can begin as soon as possible. IBT signed a Memorandum with Suijiang County Government to build a factory in this area which would supply building materials for the construction of a new town for 50,000 residents of Suijiang. IBT will be to exclusively supply panels to the project which is expected to take five years to complete. Many residents in the Suijiang area are being displaced by the flooding created by the construction of the Xiangjiabar Hydroelectric Power Station, the fourth largest hydroelectric dam in the world.
The Rose Best residential complex project in Suining, Sichuan Province of China has neared completion on the foundations of the 50,000 square meter residential complex. IBT acquired a 51% stake in the Rose Best Project on July 8, 2007. Once the foundation is complete, the project is expected to bring revenue to the company as early as the 1st quarter of 2008. For further information on the Rose-Best Project, please visit http://www.suiningyinfa-ce.com at Rose Best Project II.
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