Stocks to Watch: Bancroft Uranium Inc (OTC BB: BCFT), 247MGI, Inc. (OTCBB: TOFS), Coda Octopus Group, Inc. (OTC BB:CDOC) , Paivis, Corp. (OTC BB:PAVC) , American Security Resources (OTC BB:ARSC)
Featured Stock: Bancroft Uranium Inc
(OTC BB: BCFT)
Current Price (0.90)
http://www.smallcapstockanalyst.com/
Bancroft Uranium Embraces Environmental Principals
Scottsdale AZ, June 2, 2008 ---- Bancroft Uranium Inc. (OTCBB: BCFT) (“Bancroft” or the “Company”) today wishes to advise the public as to the Company’s strong ongoing commitment to environmental principals, the health of its workers, the community and to the overall protection of the environment.
Bancroft believes that the production of emissions-free electricity via nuclear power generation is the only form of energy for the future that can have a significant, beneficial near-term impact on reducing fossil fuel dependence thus decreasing carbon emissions and as a result, having a positive affect on climate change.
Going forward, in the event of a production decision, Bancroft would be subject to and would need to comply with substantive environmental regulations. In Canada, the Canadian Nuclear Safety Commission is the national regulatory body as well as other stringent Federal and Provincial regulations such as those that come under the Canadian Environmental Protection Act, The Fisheries Act, The Environmental Management and Protection Act, The Clean Air Regulations and The Mineral Industry Environmental Protection Regulations, just to mention a few.
Additionally, in direct response to past practices, mining law now requires mine operators to reclaim land disturbed by mining. Bancroft will be required to incorporate reclamation and decommissioning plans as part of the Environmental Impact Study that will form part of Bancroft’s application for a mining license. The Company will also be required to post a bond to guarantee reclamation of all public and private lands.
With respect to safety of our workers, Bancroft requires all employees at the Monmouth project site to wear dosimeters which are regularly monitored. Routine monitoring of air, dust and surface conditions will also be instituted. If the Monmouth Project goes into production it will be utilizing a gravity separation milling process which utilizes a closed water system which would be recycled, reused and thoroughly cleaned. Metallurgy has shown that 91.4% of the U3O8 can be removed by a first pass, simple gravity circuit. No hazardous chemicals are envisioned to be used in this process.
The Company also intends to apply for I.S.O. certification in accordance with the I.S.O. 14001 standard for environmental management systems. In short, Bancroft is convinced that it can conduct mining operations in a completely safe and sustainable manner on an ongoing basis that will meet standard environmental protection practices.
For inquiries from the public and media concerning the Monmouth Uranium Project please contact Greenspirit Strategies at 1-877-54 GREEN or 1-877-544-7336. For shareholder and investor information please contact investor relations at 1-866-860-2995
ABOUT BANCROFT URANIUM INC. (OTCBB: BCFT)
Bancroft Uranium Inc. is an exploration Company which intends to develop Uranium assets in North America. Bancroft’s initial asset, the Monmouth Uranium Project is envisioned to have the potential of a low cost, open pit uranium producer located close to infrastructure and end product buyers.
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 development, costs and results of our exploration program at our uranium properties and any anticipated future production. 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 and development stage exploration companies. 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 most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Bancroft Uranium Inc.
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P. L. Hammond, C.A.
President and Chief Executive Officer
To find out more about Bancroft Uranium Inc. (OTCBB: BCFT), visit our website at http://www.bancrofturanium.com/.
Public and Media Information: 1-877-544-7336
Shareholder and Investor Information: 1-866-860-2995
Source: Bancroft Uranium Inc.
For an in-depth analyst report, please visit: http://www.smallcapstockanalyst.com/
247MGI, Inc.
(OTCBB: TOFS)
Current Price (0.02)
FT. LAUDERDALE, FL----Mar 28, 2008 -- 247MGI, Inc. (OTC BB:TOFS.OB - News) ("247MGI") will be reducing the number of shares outstanding of its common stock when the Company's President converts his common stock to Preferred stock. 247MGI has also been discussing this with another significant shareholder about doing the same and should they also convert into Preferred the remaining shares outstanding will be approximately 50,000,000. The Preferred can convert back to common after one year and will convert into the same number of shares of common as held today. 247MGI Inc is a full-service multimedia company, a one-stop media and advertising company that assists its clients by creating marketing materials utilizing technology-driven media formats for the distribution of information worldwide. The company utilizes the Internet to deliver its content more efficiently and at a higher standard than its competition. 247MGI has developed and continues to create unique programs to include ``LIVE'' as well as streaming video content which will be delivered through the Web and via satellite.
Coda Octopus Group, Inc.
(OTC BB:CDOC)
Current Price (0.30)
www.SmallCapStockAnalyst.com
NEW YORK--May29--Coda Octopus Group, Inc. (OTCBB: CDOC - News), a world leader in underwater terrorism prevention, headquartered here, said today it applauded the recent GAO report released on Tuesday identifying significant gaps in the US port security program – most particularly our nation’s ability to deter a potential terrorist attack. Originally founded in 1994 as Coda Technologies, the Coda Octopus Group has grown to encompass five companies and is headquartered in New York. All of the Group companies operate within the technology innovation, product development and engineering services sphere with facilities in Washington, D.C., Florida, Utah, New York, the UK and Norway. Alongside providing custom engineering and development to navies, oil and gas, nuclear and medical clients around the world, one of the key products is the Coda Echoscope(TM) -- the first real time 3D sub sea sonar. The Coda Echoscope(TM) is the heart of the Coda Underwater Inspection System(TM) being adopted for homeland security in ports around the world. With this patent revolutionizing sub sea visualization, and the existing systems integration skills within Colmek Systems Engineering, Inc and Martech Systems Engineering Ltd, the Coda Octopus Group companies believe they are well on the way to becoming the world's leading integrated sonar technology supplier.
Paivis, Corp.
(OTC BB:PAVC)
Current Price (0.01)
www.SmallCapStockAnalyst.com
ATLANTA, GA----May 29, 2008 -- TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (OTC BB:TCHH.OB - News) and PAIVIS, CORP. ("PAIVIS") (Other OTC:PAVC.PK - News) today jointly provide an update of the merger financing required under the Merger Agreement between Trustcash and Paivis. Paivis Corp., a facility-based wholesale telecommunications carrier, delivers application/value-added services in the prepaid services market. It sells telecommunications products and services, such as prepaid calling cards, prepaid wireless service, and international wholesale terminations. The company also owns and operates a carrier-class prepaid calling platform, including 2 NACT phone card switches integrated with the voice over Internet protocol system dedicated to domestic and international termination and origination of calls. As of September 30, 2006, the company?s products are sold through approximately 3,000 retail outlets in the United States. Paivis Corp. is headquartered in Atlanta, Georgia.
American Security Resources
(OTC BB:ARSC)
Current Price (0.03)
www.SmallCapStockAnalyst.com
ATHENS, Ohio--May 29--Ben Schafer, President of American Hydrogen Corporation, a subsidiary of American Security Resources Corporation (OTCBB: ARSC - News), stated today, “Contrary to a statement in ARSC’s most recent 10-Q, we are NOT in default on our license agreement with Ohio University. While our sister company Hydra Fuel Cell Corp. was fighting its patent lawsuit we fell behind in our obligations here, but we are working with Ohio to bring them current by the middle of the summer.” Schafer further stated, “We are negotiating several JV projects to commercialize the ACE technology, including the development of a 250 kilowatt ACE unit and several waste to energy projects.” American Security Resources Corporation, through its subsidiaries, engages in the development of advanced hydrogen fuel cells in the United States. It is also developing a method to formulate hydrogen from ammonia. The company was founded in 1981. It was formerly known as Computer Automation Systems, Inc. and changed its name to Kahuna Network Security, Inc. in January 2004. Further, it changed its name to American Security Resources Corporation in July 2004. The company is based in Houston, Texas.
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