Tuesday, August 30, 2011

ALCL intent to acquire 100% of the shares of Textraw, Inc.

Atlas Capital Holdings Inc. (Pink Sheets: ALCL) (OTCBB:ALCL) (the "Company") entered into a letter of intent to acquire 100% of the shares of Textraw, Inc. a Florida corporation that engineers and distributes an environmentally-friendly “green” synthetic ground cover manufactured from recycled materials composited from common landfill items.
“We are very excited about this first acquisition in the area of green products and services. Pursuant to our GreenTech business strategy, our plan is to announce additional acquisitions within the next few weeks that are complementary to and synergistic with the manufacturing of alternative green products and services,” stated Peter Klaich, COO of Atlas Capital Holdings, Inc.
Textraw was idealized in 2000 as a way to recreate pine straw while making use of unrecyclable materials. After 3 years of consistent research and development, the company patented its process and began generating revenue in 2003. Textraw is a sterile, eco-friendly, and long-lasting replacement ground cover that does not fade, crumble, or attract insects. Textraw utilizes its “disruptive technology” to further shrink the pine straw market: for every one bale of Textraw used the traditional pine straw mark is curbed by 8 bales.
The purchase price for these interests is expected to be $3,000,000, and will be paid in some combination of cash and Company stock as agreed upon by the parties prior to closing. The consummation of this transaction is subject to a number of customary pre-closing conditions.

Monday, August 29, 2011

(SPQS) Sportsquest, Inc, News


Sportsquest, Inc, (Pink Sheets: SPQS) is announcing the formation of the corporate Advisory Board. The new members will include business leaders from diverse industry backgrounds. The board will provide valuable perspective and counsel to the executive team at Sportsquest in the areas of business development, market trends and operations.
“The members of our advisory board will bring us strategic guidance to help us further our business strategy and objectives. We have identified several candidates for the advisory board and should be announcing appointments within the next few weeks,” stated Jeffrey Burns, CEO of Sportsquest.
In addition to identifying key members for the advisory board, the executive team has been working with OTC Business Services, Inc., to bring the company to current status within the OTC markets. “We expect to reach current status within the next two weeks and to maintain compliance of the current Pink Sheet tier moving forward. We will also be working with the advisory board on our objective to uplist to the OTCQB,” stated Jeffrey Burns.

Thursday, August 25, 2011

EMLL El Maniel International, Inc.News Bits

El Maniel International, Inc Announces Completion of Boundary Survey on Project Site in Papua New Guinea
El Maniel International Inc (Pink Sheets:EMLL) announced today that the Company has completed the boundary survey on the project site situated in the Timun River of Enga Province. "We are excited to receive the site plan from the boundary survey which facilitates our resources deployment strategies for the setting-up of our mining facilities and infrastructures for pilot mining operations," according to Jamie Khoo, CEO of El Maniel International, Inc. "With the site plan, we can accelerate preliminary activities such as site preparations and clearing which includes trees and vegetation removal, planning and positioning of platform for mining equipments, and other infrastructures towards the commencement of pilot mining operations."
The project site at Timun River is situated in a location with proven gold-rich geological formation and the site plan from the boundary survey is currently available via our updated corporate website at http://www.elmaniel.com/. "Our team have been working very diligently and the progress we are generating every day to accelerate pilot mining operations are becoming a reality," added Jamie Khoo. "We are also delighted to have all the necessary approvals in place for the commencement of pilot mining operations and this brings us one step closer to production of high quality alluvial gold as we are geared to move forward in this initiative to increase our gold business domain revenues."
El Maniel International, Inc Announces Assay Results
announces assay results of alluvial gold samples extracted from the project site situated in Enga Province, Papua New Guinea (PNG) during our recent exploration visit. "We are absolutely thrilled about the results of our sampling which exceeds our initial expectations as the assay report indicates high quality of gold with a purity of 76.97% from the first batch of alluvial gold samples" according to Jamie Khoo, CEO of El Maniel International, Inc "High quality of gold means higher revenues which translates into higher profitability and we have achieved a significant milestone with these promising results as we were successful in proving the project site as an exciting mining asset as the assay results also support our belief that this project has a gold-rich geological formation with the potential of becoming a world-class alluvial gold producing mine in the very near future"
El Maniel International, Inc Mobilizes Mining Project Crew for Pilot Operations in Papua New Guinea
Announced  that the Company is sending its mining project crew to the project site in Papua New Guinea (PNG) for preliminary preparations towards the mobilization of pilot alluvial gold mining operations. "We are all set to send a team comprising of experienced engineers, geologist and equipment specialists to the project site by end of August 2011 for the initialization of preliminary site preparations such as site boundary demarcation, site clearing as well as pre-construction work where we will assess the existing terrain condition of the project site to designate a location to erect the two-channel elevated sluice-box system," according to Jamie Khoo, the Chief Executive Officer of El Maniel International, Inc. "We will also be gathering the necessary resources that we require including but not limited to heavy equipments such as bulldozers, excavators, tipper trucks and other materials such as metal, timber and concrete for the construction the two-channel elevated sluice-box system and preliminary preparations are expected to continue for 3-4 weeks for us to commence operations."

El Maniel International, Inc. Announces Maiden Revenues
announced today that the Company has released its consolidated financial results for the fiscal quarter ended June 30, 2011 and during this quarter, the Company achieved consolidated net revenues of $185,000 "We are very excited in this important milestone of becoming a revenue generating company and this result exemplifies the growing success of the business model that the management of El Maniel has implemented by focusing in the development of current and new resources in the gold business domain" according to Jamie Khoo, CEO of El Maniel International.
The third quarterly consolidated financials prepared in line with OTC Pink Current Information tier requirements are now online at www.otcmarkets.com/stock/EMLL/financials
"We expect to achieve higher top-line growth under our global gold business domain through recurring and new revenue streams in the next quarter which we believe will eventually lead to bottom-line profits" added Jamie Khoo. Stay tuned to http://www.elmaniel.com/ for more updates.
El Maniel International Inc is a publicly traded company currently focusing in the gold business domain including but not limited to trading, prospecting, developing and expanding the economic potential of its world class mining claims and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in its global gold business domain. For further information, visit http://www.elmaniel.com/