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Genesis Group Holdings, Inc. (OTCBB: GGHO ) which operates through its wholly owned subsidiaries, including Digital Comm, Inc. (“DCI”), and Tropical Communications Inc., (“Tropical”  ) has executed a memorandum of understanding with Rives-Monteiro Engineering, LLC,( http://monteiro-eng.com ) an engineering firm with offices in Houston, Texas and Tuscaloosa, Al.   Rives-Monteiro has been in business since 1998, performing cable-engineering services in the Southeastern United States with additional services performed internationally.

Under the terms of the parties’ memorandum of understanding, the Company will acquire 100% of Rives-Monteiro for 5 million shares of Company stock, plus certain cash compensation and an earn-out.  The acquisition of Rives-Monteiro, is subject to the completion of due diligence and financing.

Adding Rives-Monteiro, and its engineering capabilities, will enable the Company to take on larger and more profitable work going forward.  Rives-Monteiro is expected to add approximately $3 million of profitable revenue to the Company’s consolidated reports.  The consolidation of Rives-Monteiro with DCI and Tropical should bring the Company to a run rate of over $6 million annually.

Gideon Taylor, CEO of Genesis stated: “As we announced earlier, we will continue to strategically team up with companies that can provide immediate benefits to our shareholders.  While we are disappointed with our current stock price; we will not let that price distract us from our strategic plans for growth.”

About Genesis Group Holdings, Inc.

Genesis Group operates through its wholly owned subsidiaries. The Company  provides turnkey operations in outside plant construction, wireless infrastructure, voice-data network technologies, utility infrastructure- water, sewer, electric, gas, fiber/copper buried and aerial cable.  Its subsidiaries have master contracts with ATT, Verizon, and other communications providers.

.FORWARD-LOOKING STATEMENTS

Statements contained herein that are not based on historical fact, as well as other statements including words such as “anticipate,” “believe,” “plan,” “estimate,” “expect,” “intend,” “will,” “could” and other similar expressions, constitute “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. 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 any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any 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 GGHO’s annual report on Form 10-K for the most recent fiscal year, GGHO’s quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Information:
Lawrence Sands
Senior Vice President, Genesis Group Holdings, Inc.
561-988-1988

Web Site: http://monteiro-eng.com

Dresser-Rand Group Inc. (“Dresser-Rand” or the “Company”) (NYSE: DRC) announced today that its board of directors has authorized in total the repurchase of up to $150 million of its common stock, which is approximately 5 percent of the Company’s outstanding shares.  As of August 25, 2011, Dresser-Rand had 78.7 million shares of common stock outstanding.

According to Mark Baldwin, Executive V.P. and CFO, “the decision to repurchase was based on three criteria:

  1. the recent precipitous relative drop in the Company’s share price,
  2. the capacity that presently exists on our balance sheet, which allows for this level of expenditure, and
  3. our present view that we expect strong bookings in the second half of 2011. While we presently reiterate our previous guidance for 2011 in the area of bookings, we also acknowledge that, should our bids on several large projects for which we believe we have strong offerings actually materialize prior to the end of the year, we may be at the top end of, or even exceed, the guidance previously provided.

In essence, we believe that the time is right for repurchase, that we have the present capacity to fund the transaction, and that the strong expected bookings will generate sufficient cash flows to provide for reducing balance sheet leverage and at the same time enable us to meet ongoing financial commitments for working capital, capital expenditures and potential bolt-on acquisitions over the coming months.”

The stock buyback transaction is being carried out under an accelerated stock buyback agreement with Goldman, Sachs & Co.  As contemplated by that agreement, Dresser-Rand will pay approximately $150 million to Goldman, Sachs & Co. to repurchase outstanding shares of its common stock and will receive a substantial majority of the shares to be delivered under the accelerated stock buyback on August 31, 2011.

Goldman, Sachs & Co. is expected to purchase shares of Dresser-Rand common stock in the open market in connection with the accelerated stock buyback. The agreement contemplates that final settlement should occur early in the fourth quarter. At settlement, Dresser-Rand may be entitled to receive additional shares of common stock from Goldman, Sachs & Co. or, under certain circumstances, may issue additional shares or make a payment to Goldman, Sachs & Co. at the Company’s option.

About Dresser-Rand

Dresser-Rand is among the largest suppliers of rotating equipment solutions to the worldwide oil, gas, petrochemical, and process industries.  The Company operates manufacturing facilities in the United States, France, United Kingdom, Spain, Germany, Norway, India, and China, and maintains a network of 45 service and support centers (including 6 engineering and R&D centers) covering more than 140 countries.  Dresser-Rand has principal offices in Paris, France, and Houston, Texas.

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements with respect to planned or proposed repurchase of shares of common stock.  Forward-looking statements include, without limitation, the Company’s plans, objectives, goals, strategies, future events, future revenue, or performance, capital expenditures, financing needs, plans, or intentions relating to acquisitions, business trends, executive compensation, and other information that is not historical information.  The words “anticipates”, “believes”, “expects,” “intends”, and similar expressions identify such forward-looking statements.  Although the Company believes that such statements are based on reasonable assumptions, these forward-looking statements are subject to numerous factors, risks, and uncertainties that could cause actual outcomes and results to be materially different from those projected.  These factors, risks and uncertainties include, among others, the following: potential for material weaknesses in its internal controls; economic or industry downturns; the variability of bookings due to volatile market conditions, subjectivity clients exercise in placing orders, and timing of large orders; volatility and disruption of the credit markets; its inability to generate cash and access capital on reasonable terms and conditions; its inability to implement its business strategy to increase aftermarket parts and services revenue; competition in its markets; failure to complete or achieve the expected benefits from any future acquisitions; economic, political, currency and other risks associated with international sales and operations; fluctuations in currencies and volatility in exchange rates; loss of senior management; environmental compliance costs and liabilities; failure to maintain safety performance acceptable to its clients; failure to negotiate new collective bargaining agreements; unexpected product claims and regulations; infringement on its intellectual property or infringement on others’ intellectual property; its pension expense and funding requirements; difficulty in implementing an information management system; and the Company’s brand name may be confused with others.  These and other risks are discussed in detail in the Company’s filings with the Securities and Exchange Commission at www.sec.gov.  Actual results, performance, or achievements could differ materially from those expressed in, or implied by, the forward-looking statements.  The Company can give no assurances that any of the events anticipated by the forward-looking statements will occur or, if any of them does, what impact they will have on results of operations and financial condition.  The Company undertakes no obligation to update or revise forward-looking statements, which may be made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.  For information about Dresser-Rand, go to its website at www.dresser-rand.com.

DRC-FIN

http://www.dresser-rand.com

Next Generation Energy Corp (OTCQB : NGMC) Hits Home Run with Major Oil Field Purchase

Next Generation Energy Corp (OTCQB : NGMC) Hits Home Run with Major Oil Field Purchase-Image via Wikipedia

Next Generation Energy Corp (OTCQB : NGMC) today announced it has entered into an agreement to purchase 7,715 acres of natural gas and oil rights in the prolific Devonian Shale region of South Eastern Kentucky.

The property consists of 39 tracks located in the Knox County area of southeast Kentucky known for large reserves of natural gas and oil. The appraised value of these commodities on this property is estimated at $55 million or more. Darryl Reed, NGMC CEO, stated that “this acquisition is a home run for NGMC as the property can support up to 80 wells and can generate $55 million in natural gas and oil revenues at today’s energy prices. Any increase in energy prices will be pure upside for the Company.”

Next Generation Energy Corp. has been focused on this geographic area because Kentucky offers many advantages for development.  The area has significant recoverable natural gas and oil reserves in place and has been generally ignored by larger energy companies due to the small output from individual wells, typically between 20 and 80 barrels per day of oil and 10 – 200 million cubic feet of natural gas, as compared to larger well production in Alaska, West Texas, Louisiana and the Gulf of Mexico.

“Another major advantage for developing these tracts is that recovery is achieved at much shallower depths (between 2000 and 2500 feet), thereby significantly reducing drilling costs,” said Mr. Reed. “Natural gas and oil wells in Kentucky are legendary for producing for very long periods of time and in some cases wells have produced for 20 to 100 years. Since the development of new drilling technologies such as horizontal drilling, hydraulic fracturing, and others, wells can be much more productive then earlier convention drilling methods.”

“The State of Kentucky is very energy development friendly and offers a variety of rich geological resources through the University of Kentucky and the Kentucky Geological Survey,” Mr. Reed said.

“This important addition to our energy producing property portfolio is the largest to date.  Next Generation Energy Corp. is in the process of selecting a highly qualified and reputable operator to begin developing these newly acquired tracts.  On another level, we are proud to contribute to increased supplies of domestically recovered energy, reducing our dependence on foreign sources,” Mr. Reed concluded.

NGMC is focused on aggressively growing its existing portfolio of developed, valuable natural resource royalty producing properties, including natural gas, oil and coal, with a primary focus on natural gas. The Company’s strategy is to acquire properties that are undervalued or under-utilized and are currently producing energy commodities. Once acquired, NGMC outsources all expansion exploration, upgrades, drilling and mining operations through leases with well known, environmentally-conscious operators. Royalty cash produced from the properties is reinvested back into NGMC to acquire additional properties in order to maximize shareholder returns.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company’s growth and profitability, growth strategy, liquidity and access to public markets, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.

Darryl Reed
CEO
703-372-1282
IR@nextgenerationenergycorp.com
Paul Knopick
E & E Communications
949.707.5365
pknopick@eandecommunications.com

Bioniche Life Sciences Inc. (TSX: BNC) (ASX: BNC), a research-based, technology-driven Canadian biopharmaceutical company, today announced that it will not  proceed with the proposed acquisition comprising the business and assets of Plasvacc Holdings Limited (Plasvacc) as previously announced on July 4, 2011. The parties have failed to reach agreement on definitive transaction documents and have terminated discussions under their letter of intent in connection with the transaction.

“We are disappointed that we could not successfully conclude this acquisition,” said Graeme McRae, Chairman, President & CEO of Bioniche Life Sciences Inc. “However, this outcome does not affect our intentions to selectively acquire rights to commercially-important animal health products and technologies, one of the stated uses of proceeds for our C$28.9 million concurrent financings in Canada and Australia completed earlier this year. A number of other potential acquisitions are currently under consideration.”

About Bioniche Life Sciences Inc.

Bioniche Life Sciences Inc. is a research-based, technology-driven Canadian biopharmaceutical company focused on the discovery, development, manufacturing, and marketing of proprietary products for human and animal health markets worldwide. The fully-integrated company employs more than 200 skilled personnel and has three operating divisions: Human Health, Animal Health, and Food Safety. The Company’s aims to develop and commercialize proprietary and innovative products for human and animal health.

The Animal Health division – Bioniche Animal Health – develops, manufactures and markets animal health biopharmaceutical products worldwide. It has product development, manufacturing and marketing facilities in Belleville, Ontario, Canada; marketing and production facilities in Athens, Georgia, U.S.A.; Pullman, Washington, U.S.A.; and Armidale, New South Wales, Australia. The Australian business is conducted from two sites: Melbourne, Victoria, where sales and marketing, customer support and technical service are located; and Armidale, New South Wales, where production (manufacturing facility, farm/research and development facility) is located.

Bioniche Life Sciences Inc. has been named one of the Top 50 Best Small and Medium-Sized Employers in Canada for 2010. For more information, please visit www.Bioniche.com.

Except for historical information, this news release may contain forward-looking statements that reflect the Company’s current expectation regarding future events. These forward-looking statements involve risk and uncertainties, which may cause, but are not limited to, changing market conditions, the successful and timely completion of clinical studies, the establishment of corporate alliances, the impact of competitive products and pricing, new product development, uncertainties related to the regulatory approval process, and other risks detailed from time to time in the Company’s ongoing quarterly and annual reporting.

 

OTC Markets Group Inc. (OTCQX: OTCM) is pleased to announce the appointment of Wendy Fraulo to serve as the Company’s Chief Financial Officer effective July 25, 2011. Ms. Fraulo will oversee the financial operations of OTC Markets Group, the financial information and technology services company that provides the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks.

“We are excited to bring Wendy on board,” said R. Cromwell Coulson, President and CEO.  “Wendy’s strong accounting background and extensive experience analyzing complex financial systems make her a valuable asset to our team.  I look forward to working with Wendy as we continue to build better marketplaces for investors, create innovative solutions for our subscribers, and grow value for our shareholders.”

Ms. Fraulo comes to OTC Markets Group with 12 years of public accounting experience, the last 9 at Deloitte & Touche LLP where she most recently served as a Senior Manager in M&A Transaction Services.  Prior to her role in M&A, she was a Senior Manager in the Assurance practice, serving Deloitte’s technology, media and telecommunications clients.  Previously, Wendy spent three years in the Technology, Media and Telecommunications group at Arthur Andersen LLP.  Wendy is a graduate of Fairfield University and is qualified as a Certified Public Accountant in Massachusetts and New York.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks.  Our OTC Link™ platform supports an open network of competing broker-dealers that provide investors with the best prices in over 10,000 OTC securities.  In 2010, securities on OTC Link traded over $144 billion in dollar volume, making it the third largest U.S. equity trading venue after NASDAQ and the New York Stock Exchange.  We categorize the wide spectrum of OTC-traded companies into three tiers – OTCQX® (the quality controlled marketplace for investor friendly companies), OTCQB® (the U.S. reporting company marketplace for development stage companies) and OTC Pink™ (the speculative trading marketplace) – so investors can identify the level and quality of information companies provide.  To learn more about how OTC Markets Group makes the unlisted markets more transparent, informed, and efficient, visit www.otcmarkets.com.
http://www.otcmarkets.com

A person may see his business succeed when he combine his selling skills with marketing strategies. Even small or large companies benefit from this strategy. Once they combine both aspects in business, they will see an increase in sales and revenue. Many business owners today apply marketing strategies and selling techniques through the use of a website, and that is called online marketing. With an excellent online graphics design and a credible web design services from affordable web designers, you are sure to meet your common goal. Cheap web hosting and cheap web design are almost every where; you can find a lot of firms offering them.

There are so many marketing skills that leading companies use to apply in their transaction that is why they tend to become effective and selling. Some of the skills include full attention to the need of your prospected customers. Once they see that you care about their needs, they will come to realize that you are a solution to their needs. To gain attention is not on its literal meaning, in business it means being able to foresee all things that are deemed necessary. For example, do you have an image that is branded? Do you use keywords that relate to what you offer? Are the words used in your website tend to attract visitors? These are only some of the sample things that you must put into consideration.

After full attention is to build a relationship with your prospective buyers or clients. A strong business relationship leads to a strong foundation of business partnership. If your company can establish a formal relationship together with your clients, you will have them as a customer for a long time; it may even last until the existence of your business. Third is the ability to have outstanding communication skills. A terrific speaker can get more attention and can attract more people to buy a certain product. A reputable seller possesses this trait. By using his communication skills, he can get other people to buy the product or service.

Another skill is to know what people need and what other people want from your company. To brand yourself as the sole provider of a quality product will encourage prospective customers to think that you are the solution to their problems. Needs and want differ a lot both must be met because these two words are the cause why people buy the product. In addition, you must see to it that when you talk to a prospective client, you are prepared with rebuttals that will make them think that they needed your service.

The next skill is some how related to the fourth skill, and that is to overcome objections. On this skill, before you talk to your leads, you must have a prepared rebuttal for all objections that may be raised by your prospective clients. By preparing possible solutions to a problem, your prospective customer will think that you are prepared to answer all of their questions and that you are terrific when it comes to giving solutions to a certain problem. Many people are easily convinced by this strategy. It also determines whether they will buy your product or not. In this regard, it is vital for you to be prepared.

Next is to show 100% commitment to your prospective client. To be able to be there for them, will show that you care about them, and they will appreciate and value your company for that. The business in selling does not stop once you get a certain company or individual to buy your product or subscribe to your services, the process is only starting. You must learn to value those who buy from you because they can be your valued customers. Also, they can give testimonials, or they may even refer you to those people that they knew.

In summary, there are innumerable things that we can do in order to increase sales for our business. Those things that were mentioned here are just some of the little marketing and selling skills needed in order to become effective in your online effort to become successful. Once we are able to complete the process mentioned in this article, then we are able to start the process again.

Blake Jacobs has been in the field of cheap web hosting for a long time and maintains a affordable web designers company where you can get answers to the rest of your questions.

Binary Options Trader Acquires EZTrader.com

Win Gaming Media Inc., (OTC.BB: WGMI) a leading provider of online trading of binary options, today announced that on June 5, 2011, it has closed an agreement for the acquisition of the entire activity & intellectual property of EZTrader.com, a major player in online trading of binary options. Pursuant to the agreement, which was signed on May 4, 2011, WGMI, through its fully-owned subsidiary in Cyprus, is now the owner of a proprietary software platform for online trading of binary options, the domain name www.eztrader.com and a data base in access of 50 thousand registered and active customers. With this latest acquisition, WGMI features 3 online trading sites: www.Globaloption.com in 5 languages – English, Arabic, Spanish, German and Russian; www.Options.co.il in Hebrew, for the Israeli market and the newly acquired platform www.eztrader.com. More languages are scheduled to be added during 2011.

“We are excited with the acquisition of EZTrader.com, its proprietary software and its significant data base,” commented Shimon Citron, CEO of Win Gaming Media. Mr. Citron added that, “the consolidated activity of all 3 platforms, which is based on EZTrader’s performance during the months of April & May 2011, indicate a monthly deposit pace in access of $400K per month, from which we are to benefit as of June 5, 2011. The amalgamated activity should move our company to profitability”.

Binary options are a simple investment tool where investors can receive short-term returns much greater than in most other types of investments. Traders of binary options simply predict the direction of the change in an underlying asset, instead of forecasting its price. In this way, he or she will gain either a large profit or a marginal return. With binary options, traders can predict the direction of a variety of assets, which are set to expire in an hour or at the end of the trading day.

Traders use their knowledge and familiarity of capital markets to decide their trades. Binary option pays the investor a pre-determined cash amount on the sole condition that the option would expire in-the-money. This cash amount is set forth in the option’s terms and is the same regardless of the degree to which the underlying asset’s price moves in the holder’s favor.

About Win Gaming Media, Inc.

WGMI is engaged in the business of offering worldwide online trading of binary options.  The Company entered the binary options business in November 2009, and since March 28, 2010, has been offering online trading of binary options through its wholly-owned Cypriot and Israeli subsidiaries, WGM Services Ltd., and B Option Ltd., respectively. Specifically, WGMI’s online binary options trading business is aimed at investors who seek to realize profits from their investments within a short period of time.

WGMI operates solely through its wholly owned subsidiaries: (a) Win Gaming Media, Inc., a Delaware company; (b) Win Gaming Media (Israel) Ltd., an Israeli company; (c) WGM Services Ltd., in Cyprus.

All references to “WGMI” refer to Win Gaming Media, Inc. and its consolidated subsidiaries.

This press release contains forward-looking statements. Forward-looking statements are based on certain factors and assumptions including expected growth, results of operations, performance, business prospects and opportunities, foreign exchange rates and effective income tax rates. For example, when we say that more languages are scheduled to be added to our online trading websites during 2011 or that the consolidated activity of all 3 platforms, which is based on EZTrader’s performance during the months of April & May 2011 indicate a monthly deposit pace in access of $400K per month, from which we are to benefit as of June 5, 2011, or that the amalgamated activity should move our company to profitability, or when we discuss the binary options investment tool and the potential return on investment that investors who trade binary options may have, we are using forward looking statements. While the company considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the company’s financial condition, prospects and opportunities, legal risks associated with the binary options trading industry and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on licensees and key licensees, risks relating to international operations, risks associated with competition and other risks detailed in the company’s filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the company,  reference is made to the company’s most recent Annual Report on Form 10-K, which is on file with the Securities and Exchange Commission. Forward-looking statements are given only as at the date of this release and the company disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.

Contact:

Win Gaming Media, Inc.,
Haim Tabak, +972 54 6611525
COO
htabak@wingamingmedia.com

Two Gold Mining Vets Sign Joint Venture

Evolving Gold Corp. (TSX: EVG) (FSE: EV7) (the “Company”) is pleased to announce that it has signed a Letter Agreement with a subsidiary of Agnico-Eagle Mines Ltd. to form a joint venture on its Rattlesnake Hills project in Wyoming.

Under the terms of the Letter Agreement, Agnico-Eagle (USA) Ltd. (Agnico-Eagle) has the option to earn up to a 70% interest in the Rattlesnake Hills project by carrying Evolving Gold through completion of a feasibility study.  In order to earn a 70% interest over a seven-year period Agnico-Eagle is required to make payments to EVG totaling $12 million, to purchase $23 million in the common shares of EVG, and to expend a minimum of $41 million on exploration/development work on the project.

“The partnership with Agnico-Eagle will provide the Rattlesnake Hills project with the financial strength required for sustained exploration and development programs,” comments Bill Gee, CEO of Evolving Gold.  “Agnico-Eagle also brings experience and expertise for successful mine development.  This agreement provides $76 million in benefits to the Company and to the project, while Evolving Gold retains fully-funded exposure to the project’s exploration potential and development success, all with minimal shareholder dilution.”

“A joint venture at Rattlesnake is a significant and positive step in the Company’s strategy for providing shareholder returns”, continues Mr. Gee.  “This agreement allows the Company to focus on its core strength, the discovery of major new gold deposits. With this agreement now in place, Evolving Gold plans to focus its assets and expertise on the exceptional opportunity for a major gold discovery on the prolific Carlin Trend and on our other properties in Nevada.”

Under the terms of the Letter Agreement, a binding joint venture agreement is to be completed by June 1st, 2011, with a drill program ensuing shortly after.  Agnico-Eagle’s minimum work expenditure for the first year is $3 million.  The 2011 exploration program will include drilling extensions of the two main gold zones, drilling targets between these two zones, testing previously identified targets in the core area, and a regional program to define additional drill targets on the large Rattlesnake Hills property.

“We are pleased with Agnico-Eagle’s enthusiasm for the Rattlesnake Hills project, and our exploration team looks forward to supporting its efforts and providing continuity during the transition to a joint venture program,” remarks Quinton Hennigh, President and Chief Geologist of Evolving Gold.

On the Company’s website an updated corporate presentation is available containing additional discussion on the Rattlesnake agreement and its impact on our exploration strategy going forward.  Please click here to view it: http://www.evolvinggold.com/assets/files/pdf/evg_ppt_april19_2011.pdf.

About Evolving Gold Corp.
Evolving Gold is focused on exploring its four gold properties in and adjacent to the productive Carlin district of northern Nevada, and on its gold discovery at Rattlesnake Hills, Wyoming. In compliance with National Instrument 43-101, Quinton Hennigh, Ph.D., P.Geo., is the Qualified Person responsible for the accuracy of this news release.

For more information about Evolving Gold please visit: www.evolvinggold.com. To receive regular updates or to receive a follow-up call from Investor Relations please sign up at: http://evolvinggold.com/sign-up.php.

On Behalf of the Board of Directors
EVOLVING GOLD CORP.

“William Gee”
William Gee
CEO and Director

FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company’s actual results and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company’s control. These factors include: results of exploration activities and development of mineral properties, fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing, currency fluctuations, general market and industry conditions and other risks disclosed in the Company’s filings with Canadian Securities Regulators.

Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We seek safe harbour.

Golf Course Goes to Auction in Conn.

New York based TRANZON, Integrated Property Group (“TRANZON IPG”) has announced that it will be auctioning off a 180+/- acre property just five miles from New Haven, CT. The property, which is located at 1027 Racebrook Road, consists of three land parcels with both fee simple and leasehold interests. A 24,000+/- SF clubhouse, three pools, cabanas, tennis courts with winter bubble, maintenance facility, halfway house and groundskeepers home are all located on the property.  The auction will be conducted on site on Tuesday, May 10th at 1PM.

“The challenging economy definitely impacted the viability of the Oak Lane Country Club last year, which as a result saw declining membership,” said TRANZON IPG Auctioneer and Partner Oren Klein. He adds “The property has many possibilities. The new owner could continue current operations as a private club, introduce a daily fee similar to other courses in the area, or partner with a developer to create a beautiful residential community.”

“Rarely does an opportunity like this present itself. The club was owned & managed by the membership. Now a new owner can step in and continue the more than 50 years of tradition at Oak Lane,” said Brecht Palombo, Auctioneer with TRANZON Auction Properties in Boston.  “Although primarily being marketed to Golf and Country Club Operators, its grounds are among the most scenic in the Woodbridge area and at the minimum reserve amount – could also be very appealing for a residential developer with a longer term view,” said Clay Petigo the Club’s Superintendant since 2007.

The company has set up a dedicated website at www.ctgolfauction.com for easy access to the auction information. Contact TRANZON IPG at 888.243.3431.

TRANZON Integrated Property Group, based in the New York metropolitan area, is a full-service auction and real estate disposition company and a member company of TRANZON, L.L.C.  With more than 30 offices from coast to coast, TRANZON’s independently owned and operated regional member companies have conducted more than 11,000 auctions in 47 States and the District of Columbia, selling more than $1.6 Billion in asset value since the Company’s formation. For a complete list of auctions and sales or to learn more about TRANZON visit www.tranzon.com.

Press Contact: Geri Rosman
(908)766-7499

http://www.tranzon.com

Innovative Health Sciences, Inc. (Pinksheets: IHSN) announced today the cancellation and retirement of 1,000,000,000 (One Billion) of its common shares. As part of its restructuring plan and to bolster the capital structure, the Company has elected to cancel and retire certain common shares of its affiliates.

Innovative Health Sciences, Inc. also announced today certain terms of the restructured agreement with Harrington Multi Media Marketing (HM3). At this time HM3 has not been acquired by IHSN, however, IHSN has an option until April 30, 2011, to acquire 100% of the shares of HM3 in exchange for certain additional funding and the issuance of restricted common shares of IHSN. IHSN is evaluating the merits of completing the acquisition of HM3 or of just maintaining its participation rights for the marketing of certain projects and products including the Forbes Reilly CrossToner, the Yaku Grill, Mytrak and Frielle Pure Effects.

Innovative Health Sciences, Inc. has embraced as its corporate mission, a plan to participate in and acquire interests that are leading edge in their respective market niches, and that have expectations of enhancing shareholder values.

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from the statements made herein. Statements contained in this news release, other than those identifying historical facts, constitute “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company’s future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

CONTACT: Chris Winter, President of Innovative Health Sciences, Inc., +1-770-753-6448, chris@ihs-development.com

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