Del Mar 5/5/2010 7:50:49 PM
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SKTO,IHSN,ENTI,CBYI,SIAF
SK3 Group, Inc. (PINK SHEETS: SKTO)
MIAMI, FLORIDA -- 05/04/10 -- SK3 Group, Inc. (PINK SHEETS: SKTO) today announces that it has signed an agreement with Ananda Sdn. Bhd. ("Ananda") to sell the Malaysian company biomolecules for $25M.
Ananda's acquisition of the biomolecule inventory is expressly for medical end-use. Among the biomolecules that are subject of this agreement are some that have been identified as suitable for a number of healthcare uses including anti-viral activity, tissue growth, and treatments of some types of cancer. For example, Interleukin-2 ("IL-2") is an immune modulator used to treat some types of cancer, and has already been approved by the FDA
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Innovative Health Sciences, Inc. (PINKSHEETS: IHSN)
CLEARWATER, FL -- 05/04/10 -- Innovative Health Sciences, Inc. (PINKSHEETS: IHSN) announced today that there was a special meeting of the Board of Directors to discuss a Letter of Intent received by the Company to buy 100% of the Company's outstanding shares. The Letter of Intent, received April 29, 2010, is presently being reviewed as to the current terms and conditions of the offer. While the Board has come to no conclusions, the final consensus was very favorable. The current offer is higher than the 52 week high of $0.35 per share. In deciding to proceed with the sale, the Board has contacted its corporate counsel as to whether the Board has the authority to accept the offer, without holding a shareholder meeting.
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Encounter Technologies, Inc. (PINKSHEETS: ENTI)
NEW YORK, NY -- 05/04/10 -- Encounter Technologies, Inc. (PINKSHEETS: ENTI) announced today the company began development of its campaign commercials which will reach over 44 million households per month June through December 2010. Television Networks that will air MusicMatrix's spots will include MTV, MTV2, BET, Comedy Central, G4, fuse, VH1, family, A&E, Animal Planet, BBC America, Bio, Bravo, Cartoon Network, FX, TNT, Fox News, TLC, Spike, CNBC, CNN, Discovery, E, ESPN, Food Network, SPEED, Lifetime, HGTV, and Hallmark. Mpower Entertainment, official advertising agency for Music Matrix, will head the promotional campaign.
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Cal-Bay International, Inc. (PINKSHEETS: CBYI)
LAS VEGAS, NV -- 05/04/10 -- Cal-Bay International, Inc. (PINKSHEETS: CBYI) today announces the signing of a "Letter of Intent" on May 2, 2010 to acquire the business operations of a restaurant located in Arlington, TX. The restaurant is strategically located less than two miles from the newly constructed multi-purpose Cowboy Stadium, Texas Rangers Ballpark, Six Flags Over Texas amusement park, and Arlington Convention Center. The terms of the LOI allow Cal-Bay to perform due diligence for 90 days to more thoroughly review financial statements and the health of the Arlington market. The restaurant has four years left on its current lease, and an option for an additional five years.
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Sino Agro Food, Inc. (Pink Sheet: SIAF)
GUANGZHOU, China--May 4--Sino Agro Food, Inc. (Pink Sheet: SIAF), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce it has successfully developed a new Enzyme technology for use in agricultural applications such as Stock Feed and Bio-Organic Fertilizer production in cold weather climates.
The new Enzyme is derived from the Company's currently patented Enzyme used in the manufacturing of its Stock Feed and Bio-Organic Fertilizer and the foundation of its farmer cooperative business model. Technology such as the one developed by the scientists of Sino Agro Food, Inc. has been pursued for decades within China to solve agricultural production problems associated with Feed Stock and Bio-Organic Fertilizer in northern China.
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