MONA - 400% in nur 5 Tagen
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Management Discussion of Landstar Inc. Acquisition of Hubei Chuguan
Industry Co. Ltd.
Dr. Yang Yang*, a consultant and a company spokesperson based in Beijing, China
provided additional insight into the pending spin-off of Hubei Chuguan Industry Co. Ltd.
(Chuguan) to Landstar, Inc.
Although parts of this update may not be newsworthy to the general public, the Issuer has
disseminated this update through a limited reach filing on the Pink OTC Markets Inc.
This is part of our commitment to keep our shareholders well-informed of business
developments and updates on a timely and regular basis.
Chuguan is a major manufacturer of products and services to the petro-chemical industry,
and Pharmaceutical markets. It was founded in the 1990s by Chuguan Co., Ltd. to
address the need for solutions to minimize petrochemical evaporation that occurs
primarily during the transfer of volatile fluids
that takes place throughout the petrochemical
industry infrastructure. Under the leadership of
Mr. Li Congtang, Chairman of the Board and
CEO, the Company has developed several
patented approaches to solve this problem, and
is rolling out its services within the Chinese
petrochemical industry, through a number of
subsidiaries.
The first pilot gasoline gas recovery facility produced by
Chuguan, now it is in Beijing Institute of Petro-chemical
Technology
The Company’s operations are substantial, with over $70 million USD of capital
investment in the Company. Sales are projected to reach RMB 150 to 300 billion Yuan
within 1 to 2 years and RMB 400 to 500 billion Yuan within 3 to 4 years.
Strategic objectives include transforming the
technological advantages of the company into market
share growth and strive to lead domestic oil-gas recovery
market, to become the largest local integration enterprise
in China of oil-gas storage and delivery system of energy
saving, environmental protection and storage and delivery
safety.
Vapor recovery unit
Retail price $ 30,000 USD
Earlier this year the company began searching for advisors to enter the public markets.
Mina Mar group was invited to present options regarding taking the Company public in
the United States or Europe. The invitation stemmed from strong recommendations from
06.10.2008 13:33
MonArc Corporation (MONA) to Receive $1.5 Million in Stock on Closing of Hubei Chuguan (LDSR)
BEIJING, Oct. 6 /PRNewswire-FirstCall/ -- MonArc Corporation, (News) http://www.monacorporation.com/, (MONA.PK) is pleased to announce that it has negotiated to receive $1.5Â million in stock from Landstar Inc. upon the closing of the sale of MonArc's holdings in Hubei Chuguan Industry Co. Ltd. to Landstar.
As previously announced, Yellowsea Management, Inc, a special purpose company incorporated in Belize will acquire a 100% interest Hubei Chuguan. Yellowsea will then be acquired by Landstar, Inc (LDSR). The Belize special purpose company and these simultaneous transactions are needed in order to comply with Chinese security laws. MonArc has a 10% carried interest in this deal, and will receive stock valued at $1.5 million from Landstar as part of the acquisition process.
MONA CEO Yong Chen advised; "We think this is an excellent transaction for our shareholders. This receivable stems back from several years ago from the previous management and their dealings. We have therefore negotiated a carried interest in the deal of 10%, and will realize our compensation in stock of Landstar upon closing of the final acquisition of Hubei Chuguan by Landstar. Needless to say, this is a significant gain over our hard costs related to this deal.
This will be 1 of the 5 cash and stock dividends MONA will issue to its shareholders by Dec 31 2008."
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (http://www.pinksheets.com/), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT: corporate@monarccorporation.com, Tel: (702) 508-4172, Investor Relations
CONTACT: corporate@monarccorporation.com, Tel: (702) 508-4172, Investor Relations
This will be 1 of the 5 cash and stock dividends MONA will issue to its shareholders by Dec 31 2008."
Egal, damit bin ich mit dem Ding durch.
By the way, nur meine Meinung.
07.10.2008 15:40
MonArc Corporation (MONA) will Bardividende von 20 US-Cents auszahlen
Beijing (ots/PRNewswire) - MonArc Corporation, (News) http://www.monacorporation.com/ (MONA.PK ), gab heute nach Börsenschluss bekannt, dass das Unternehmen eine Dividende von 20 US-Cents (zwanzig Cents) je Aktie an diejenigen seiner Aktionäre ausschütten wird, die seit dem 30. September 2005 im Aktienregister des Unternehmens eingetragen sind.
Unternehmenssekretär Garr Winters teilte mit: "Wir hatten schon seit langem die Absicht erklärt, unsere langfristigen Aktionäre für ihre Treue zu belohnen. Das ist also lediglich eine deutliche und konkrete Verwirklichung dieses Vorhabens. Unseres Erachtens wird die Aktie weit unter ihrem Potenzial gehandelt und wir wollen diesem Problem auch auf diese Weise beikommen.
"Wir arbeiten mit dem Überweisungsberater zusammen, um die Details der Dividende, beispielsweise den "Stichtag" und das "Ex-Dividendendatum" oder "Ex-Datum", auszuarbeiten. Weitere Einzelheiten werden in Kürze bekanntgegeben."
Diese Dividende ist eine von fünf, die der Emittent bis zum 31. Dezember 2008 in Form von Aktien oder Bargeld an seine Aktionäre zu zahlen beabsichtigt.
"Safe-Harbor"-Erklärung gemäss dem US-amerikanischen Private Securities Litigation Reform Act von 1995: Diverse in dieser Mitteilung enthaltenen zukunftsbezogenen Angaben beinhalten sogenannte zukunftsgerichtete Aussagen, die Risiken und Unwägbarkeiten unterliegen, insbesondere Aussagen zur Entwicklung und Ausweitung von Geschäftsaktivitäten, der einheimischen und weltweiten Wirtschaftlage und der im Markt herrschenden Wettbewerbsbedingungen.
KONTAKT: corporate@monarccorporation.com, Tel: +1-702-508-4172, Investorbeziehungen
Originaltext: MonArc Corporation Digitale Pressemappe: http://www.presseportal.de/pm/73085 Pressemappe via RSS : http://www.presseportal.de/rss/pm_73085.rss2
Pressekontakt: KONTAKT: corporate@monarccorporation.com, Tel: +1-702-508-4172, Investorbeziehungen
also nur die Alten bekommen die Kohle. Der Laden ist doch echt das Letzte
LandStar Inc (LDSR) Update To Its Current and Future Shareholders (MONA)
BEIJING, Oct 06, 2008 /PRNewswire-FirstCall via COMTEX/ -- Landstar Inc (LDSR) www.landstarcorp.com (site under construction) and its operating subsidiary Hubei Chuguan Industry Co. Ltd http://www.chuguan.com.cn/ are pleased to announce the following progress to its shareholders.
Prof Yang, a spokesman with the company, said, "As previously announced, Yellowsea Management, Inc, is a special purpose company incorporated in Belize which will acquire a 100% interest Hubei Chuguan. Yellowsea will then be acquired by Landstar, Inc (LDSR) simultaneously. The Belize special purpose company and these steps are needed in order to comply with Chinese laws effecting Chinese mainland based companies."
The management does not foresee any delays in closing this transaction. The management is scheduled to meet with their corporate advisors in China the week of October 15th 2008 and subsequently will be in a position to close the transaction shortly thereafter. One of the first lines of business will be to settle some long outstanding debts of both LandStar and Hubei Chuguan. The company intends to pay out over 1.5 million dollars in stock as full and final settlement to MonArc Corporation for services received and investments made which date back to 2005. The company forecasts that approximately 300-400 new shareholders will receive this dividend.
In other corporate news, the management expects the new corporate website www.landstarcorp.com to be launched shortly and is currently working to obtain the current status check mark with Pink Sheets. Pink sheets has recently changed their format and introduced a few additional steps. These are currently being attended to.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT: http://www.chuguan.com.cn
CONTACT: http://www.chuguan.com.cn
SOURCE MonArc Corporation (MONA)
www.prnewswire.com
BEIJING, Oct. 8 /PRNewswire-FirstCall/ -- MonArc Corporation, http://www.monacorporation.com/, (MONA.PK) is pleased to announce that it will be distributing a stock dividend in recently spun-off Sino Medica http://www.sinomedica.com/ to shareholders who have continuously held company stock since February 1, 2008.
Sino Medica is an operating subsidiary spin off to the Emerald Capital Group Corp., a Nevada company recently acquired by Mr. Xiaohua Gong a Chinese national. Sino Medica trades on the Frankfurt Exchange (ticker symbol 3EM). MONA is scheduled to receive about $6 million dollars worth of stock in 3EM.
Corporate Secretary Garr Winters commented, "Just to recap this stock will be distributed to qualified shareholders, and is in addition to the 20Â cent per share cash dividend announced October 7, 2008, and in addition to approximately 0.006 cent a share. I think are shareholders will be very pleasantly surprised when they receive their LandStar dividends. That stock has risen based on the recent news to date, and is currently well above the price range used to value the deal. We are bound and determined to deliver value to our shareholders. Both Sino Medica and Hubei Chuguan are very serious multi-million dollar companies. We are not talking about development stage companies who have a good business plan but have yet to achieve proof of concept. These guys are generating significant revenue, and have assets that are in the millions of dollars.
I, for one, am really excited about LandStar and their Chuguan operating subsidiary. They are plugged into the Chinese petro-chemical industry with products and services that have been developed in-house, generating new patents, and are a Chinese company that delivers something all players in the industry consider part of standard operating procedures. I'm pleased to serve on the board of that corporation."
MonArc still has plans to issue 1 or possibly 2 additional stock dividends in the fourth quarter as it spins off its remaining operating subsidiaries for which deals are in process. The issuer intends to have the Transfer Agent release the dividends in the street's name with the restrictive legend removed in accordance with the SEC guidelines of the same.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (http://www.pinksheets.com/), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Contact: , Tel: (702) 508-4172, Investor Relations
CONTACT: , Tel: (702) 508-4172, Investor Relations
DATASOURCE: MonArc Corporation (MONA)
CONTACT: , Tel: (702) 508-4172, Investor
Relations
Mal sehen. Ich denke hier ist zumindest Potential drin, und die verdienen Geld.
Meine Meinung, sonst nix.
Soll aber keine Anregung zum Kauf oder Verkauf sein. Nur meine Meinung.
wie kommt das...nur verkäufe können das doch nicht sein, sonst hätten wir doch ein dickes minus, oder?
Werden die papiere nur verschoben? Irgendwie ist der handel mit dem ding komisch!
Gibt es ne erklärung?
danke
BEIJING, China, Oct 13, 2008 /PRNewswire-FirstCall via COMTEX/ -- monacorporation.com PINKSHEETS: MONA.PK is pleased to announce the company is currently in discussions to sell both of its operating divisions PP365.Com (China game developer) and its rights to Innotreck (A China based broadband provider) on a cash and stock basis to RMDM Entertainment Group Inc (RMDM) www.rmdmgroup.com
MONA management has also identified a new possible operating subsidiary in the exploration industry. The MONA management intend to release further info on the exploration deal including posting pictures of the infrastructure shortly.
As previously announced MONA intends to pay out the proceeds of this transaction to its shareholders in a form of a 1 time special dividend. This will be the 5th dividend in cash and stock MONA will have paid out by December 31, 2008
For corporate matters contact: corporate@monacorporation.com
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT: For corporate matters contact: corporate@monacorporation.com
SOURCE MonArc Corporation (MONA)
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
-0-
KEYWORD: Ontario
INDUSTRY KEYWORD: OTC
BEIJING, Oct 15, 2008 /PRNewswire-FirstCall via COMTEX/ -- www.monacorporation.com PINKSHEETS: MONA.PK is pleased to announce the company is currently negotiating the acquisition and or a merger of a Peru-based mining company. The Company in question has two properties under development. The first is a gold resource, while the second is a promising copper exploration property. Both are located in key areas of interest in the foothills of the Andes mountains.
MonArc has entered into the due diligence stage of negotiations, and will be providing more detail on the properties shortly, after management review is completed.
Peru is an increasingly important natural resources market, with a number of major mining corporations having made large investments in bringing gold mines into production, perfectly timed with the rise of gold commodity prices, and continued strength of gold, given the recent economic turmoil.
Company spokesperson Mary Yang commented, "Our initial review of the data and presentations made by the mining company merit serious attention. If the data proves out, this could be the next major undertaking for MonArc, and an excellent way to add value to our shareholders. As investors following our stock have seen, we have delivered a number of stock and cash dividends to MonArc shareholders when we divest companies within our portfolio."
Our webmaster has been tasked with uploading pictures of these mining properties onto the corporate website at this link http://www.monacorporation.com/perugoldmine/
For corporate matters contact:
corporate@monacorporation.com
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
CONTACT: corporate@monacorporation.com
SOURCE MonArc Corporation (MONA)
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
-0-
BEIJING, China, Oct 17, 2008 /PRNewswire-FirstCall via COMTEX/ -- www.monacorporation.com (Pink Sheets: MONA - News) MonArc Corporation is pleased to announce that it has the sale of its Innotrek subsidiary to RMD Entertainment (RMDM:PK). The deal, valued at $1 million US will be paid for in RMDM stock, based on a projected RMDM share price of $0.001 per share. In keeping with the Company's policy of distributing proceeds of its divestitures to MonArc shareholders, the Company will be announcing details of an anticipated stock dividend within the next 2 weeks. Additionally, MonArc corporate advisors are currently in China, and will be meeting with PP365.com management to finalize the sale of PP365.com which is also being acquired by the same buyer RMDM Entertainment Group.
In other Company news, MonArc will be announcing details of the date of record, ex-date and payment dates for the multiple dividends previously announced within the next 10 to 15 business days. The Company must first provide 10 days notice to regulators of these details before they can be officially announced.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT: corporate@monacorporation.com
SOURCE MonArc Corporation (MONA)
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
-0-
INDUSTRY KEYWORD: OTC
BEIJING, Oct. 21 /PRNewswire-FirstCall/ -- monacorporation.com PINKSHEETS: MONA.PK is providing the following update vis-a-vis sale of its operating subsidiary PP365.Com to RMD Entertainment Group Inc. (RMDM). MonArc Corp. recently announced that it is currently in discussions to sell both of its operating divisions PP365.Com (China game developer) and its rights to Innotrek (A China based broadband provider) on a cash and stock basis to RMD Entertainment Group Inc. (RMDM) http://www.rmdmgroup.com/. As previously announced, MonArc Corp. did close the transaction with RMD Entertainment Group on the Innotrek transaction. Over the past weekend MonArc management received an unsolicited all cash buyout proposal for the assets of PP365 from a completely separate and unrelated entity. The unsolicited, all cash buyout proposal comes literally in the 11th hour as both MonArc Corp. and RMD Entertainment were ironing out the final details of their transaction, and final preparations to close the deal were being done.
Mr. Yang, a spokesperson for MonArc, said, "We have a fiduciary duty to our shareholders to examine every proposal and to make a determination as to what is in the best interest of our shareholders. The agreement between MONA and RMDM contained an escape clause for the benefit of MonArc Corp. should another buyer come forth before the closing of the transaction with RMD Entertainment Group. That contract, and clause was drafted by Mr. Winters. It also contained a non conflict of interest clause as Mr. Garr Winters acts in the capacity of a secretary with MonArc Corp. and an interim CEO with RMD Entertainment. Mr. Winters added, "It was my sincere wish that PP365 take off sky high with RMDM as it really never received the respect in terms of price per share with MONA that it deserved. This all cash proposal caught all of us off guard, but needless to say the MonArc management is pleased to have had the opportunity to entertain this new proposal from a separate buyer. MonArc management is continuing its due diligence process for the Peru South America mining company merger, regardless."
Mr. Wynn Wang, CEO of RMD Entertainment Group, said, "Based on what we have been presented with, we cannot match the all cash offer to MonArc for PP365. If the all cash buyer does come through we wish them well. If that deal does not happen we would still be interested for PP365 on the same terms as previously presented. At this point with Innotrek and the Australian game maker on our plate we have more than enough to keep us busy. I just wish to use this opportunity to extend our gratitude to all sides for an absolute positive and professional conduct from all concerned."
Mr. Yang, a spokesperson for MonArc, said, "Obviously if the cash deal for PP365 does come to a fruition, the dividend due to MONA shareholders from RMDM will only be for the purchase of Innotrek and will be prorated accordingly. Additionally should the all cash deal for PP365 materialize the MonArc management is currently entertaining the idea of paying part or entire cash amount to its shareholder base, or shareholders on record since about spring of 2008. At this point this topic is all very preliminary, and in its infancy. Should the all cash deal come to fruition, this will be the 6th dividend in cash and stock MONA will have paid out to its shareholders by December 31, 2008.
It goes without saying that for a Pink Sheet company this is unprecedented and being an unsolicited stock for one is simply beyond the grasp of many in the industry. MonArc Corp. is truly a unique and one of a kind company."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet http://www.pinksheets.com/ filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
For corporate matters contact:
CONTACT: For corporate matters contact:
DATASOURCE: MonArc Corporation (MONA)
CONTACT: For corporate matters contact:
Dieses Posting: versenden | melden Diskussion drucken
--- NEUIGKEITEN ---
Press Release Source: MonArc Corporation (MONA)
MonArc Corporation (MONA) Peru Mining Due Diligence Trip
Monday October 27, 1:18 pm ET
BEIJING, Oct. 27 /PRNewswire-FirstCall/ - www.monacorporation.com PINKSHEETS: MONA.PK Further to the company's announcement of Wednesday October 15, 7:30 am ET where amongst other things the company announced that it is negotiating the acquisition and/or a merger of a Peru-based mining company, the following is a brief update. This particular project in question has two properties under development. The first is a gold resource, while the second is a promising copper exploration property. Both are located in key areas of interest in the foothills of the Andes Mountains.
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To that end, the company will be making a final inspection with its hired consultants in the geology field to make a final determination on the merger proposal. Mr. Alex Diaz, the Chief Geologist with the Peru mine, said "We want to expand the operations quickly without jeopardizing the share value to develop the projects. We have a solid business, with outstanding net profits to continuously raise the share value of the Mon Arc company. We await the arrival of Mon Arc management and their team and we are confident that they will be pleasantly impressed with what we have to bring to the table".
The company webmaster uploaded pictures of these mining properties onto the Mon Arc corporate website at http://www.monacorporation.com/perugoldmine/
For corporate matters contact:
corporate@monacorporation.com
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
--------------------------------------------------
Source: MonArc Corporation (MONA)
Quelle: Yahoo Finance
-------------
So, wie es klingt, denke ich, es ist schon alles ausgemacht!
BEIJING, Oct 31, 2008 /PRNewswire-FirstCall via COMTEX/ -- www.monacorporation.com PINKSHEETS: MONA.PK is providing the following update vis-a-vis its operating subsidiary PP365.Com
PP365 is pleased to report that since the open beta test of the web game "Warring the Three Kingdoms", the game has been well received by the player because of the simple operation, its new game form, the friendly interface and a variety of playabilities.
After more than 2 months of closed development, the developers rewrote most of the code and all of the bugs found have been corrected. The process also further improved the functionality of the game. The company plans to begin the commercial release by the beginning of December for the holiday launch.
In other company news, Mr.Yang Yves a company spokesman said "We continue our discussion with the cash buyer for PP365, and also with the previous merger candidate. We are keeping all of the options open, and business as usual in the meantime, during this process. We are also in the final stages of negotiations for a merger with Andrea SA Gold Mine in Peru and all indicators are telling us that we should have a firm closed deal on PP365 and on Andrea SA Peru Gold Mine by the end of the year".
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
CONTACT: For corporate matters contact: corporate@monacorporation.com
SOURCE MonArc Corporation (MONA)
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights
BEIJING, Nov 04, 2008 /PRNewswire-FirstCall via COMTEX/ -- Further to the company's MonArc Corporation (MONA) www.monacorporation.com news announcement on various expansions and growth strategies the company is pleased to provide the following update to its shareholders and followers.
At present, a global economic crisis is spreading all over the world, impacting most industries. As the cheapest form of entertainment, the online games industry seems to be becoming a safe haven in this crisis, and some experts predict the gaming industry will mildly be impacted by the recession, if at all.
PP365.com has been optimistic about online games industry. It develops and acts as agent for a variety of online games as well. A few days ago, the company's management further determined the development strategy of games, decided to integrate all the company's games and establish a unified gaming platform, which will include board games and other recreational games, such as web game, a large-scale network operation. At present, the platform has entered the stage of planning and development. We are determined to build it one of the most influential gaming platforms in China.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
CONTACT: For corporate matters contact corporate@monacorporation.com
SOURCE MonArc Corporation (MONA)
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
The company has completed a set of filing with Pink Sheets including a comprehensive business description on the Peru targeted merger candidate. This is a comprehensive document that describes in easy to understand terms the potential this project may yield to the company.
This document is currently visible from the Pink Sheets home or index page but along with other filings dating from October 28th are not visible under the company's "filing Tab". The company has informed Pink Sheets of this and expects the error to be corrected shortly. The company also intends to post the same document on its web site http://www.monacorporation.com/ shortly.
The management of Mon Arc will be conducting their final review and a physical inspection of the Peru site from Nov 14 to Nov 25th and will report back promptly. The company continues to discuss buy out proposals for its existing operating subsidiary PP365. Since announcing the Peru mining project, the company has also received other unsolicited and somewhat attractive proposals for this project as well which are under consideration.
In other corporate events, the company acknowledges its shareholders' requests and will shortly be making formal announcements of the pay dates, and other relevant details of each and every previously announced dividend. Those documents and instruments are currently being organized, funded and finalized in concert with the company's transfer agent Heritage Trust.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet http://www.pinksheets.com/ filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
CONTACT: For corporate matters contact
BEIJING, Nov 10, 2008 /PRNewswire-FirstCall via COMTEX/ -- Mon Arc Corporation's (MONA) (www.monacorporation.com) operating subsidiary PP365.com is pleased to announce the appointment of regional agents under a joint venture cooperation agreement. In order to expand the influence of a particular game and attract more players, PP365.com can see the advantage the regional agents and co-operation programs bring to the company. These agents have access to players in regional markets, and rather than just spending considerable advertising dollars to promote a game such as "Freely the Three Kingdoms" (one of PP365.com's many popular games), the agents bring players for a percentage of the revenue.
This arrangement represents higher revenue for PP365.com as well as a higher profit margin on that revenue. The first agreement is expected to be signed this month, with monthly revenues from the joint ventures seeing increased traffic of an additional 30,000 players. Forward revenue projections indicate possible revenues of about 3 million per month. "This is an exciting direction for the company," said Mr. Jong, CEO of MONA.
In other corporate events, the company anticipates its upcoming merger with the Peru mine Andrea SA, and has posted an upcoming TV ad on its corporate web site - www.monacorporation.com - which will begin airing shortly on several networks throughout USA. The company continues to pursue several buyout options for the PP365.com operating subsidiary and will provide updates to its shareholders as they become available. PP365.com continues to operate as a going concern notwithstanding the pending Peru mining merger.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT: corporate@monacorporation.com
SOURCE MonArc Corporation (MONA)
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