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Monday, August 23, 2010 Today recent Green Baron "Stock Alert" Convenience TV, Inc. (CRPZ) and recent Green Baron "Trading Alert" American Power Corp. (TGMP) each released significant news. Both press releases are included below.
“Stock Alert” News Alert
Convenience TV, Inc. (CRPZ) News Released Today Convenience TV Reaches the One Million Viewership Milestone
Convenience TV Inc. (CRPZ)
has achieved a viewership milestone with the completion of its
latest network installations.
"We have now expanded to 28, the number of retail outlets in the greater Los Angeles area," said President and CEO Mr. Norman Knowles. "This is an exciting moment for us at Convenience TV, as our newest client base offers the company a monthly audience of over 1 million viewers. "The company plans steady growth with an ever-expanding audience. We will establish another 20 locations in the near future, moving towards our short-term goal of 100 installations in the Los Angeles area by the end of the first quarter next year," he said. "Then we'll look forward to expanding operations throughout the California region and other top 10 DMAs." About Convenience TV Inc. Convenience TV is focused on the Convenience Store Industry and provides their clients with an "in-location" TV network. The Network is designed to deliver both entertaining content and targeted advertising on a demographic basis to each retail location. In addition, the Network delivers promotional advertising tied to products within the retail location. The programming can be up-dated quickly and is tailored to meet the specific clients' need for increased sales, customer enjoyment and brand reinforcement.
“Trading Alert” News Alert
American Power Corp. (TGMP) News Released Today American Power to Develop Advanced Montana Coal Project With 410MT Coal Potential American Power Corp. (TGMP) today announced that it will proceed to kick start the development of its advanced Pace Coal Project in Judith Basin County, Montana. In April 2010, American Power Corp. acquired roughly 29,000 acres, which make up the Pace Coal Project. In 1979 Mobil Oil Co. (now ExxonMobil) drilled 30 holes over 14,000 of the project's acreage, and delivered 45 samples which were later sent to an independent laboratory for analysis. It was subsequently determined that both the quality and the quantity of coal on the Pace acreage was high and significant, respectively. Several independent reports were commissioned based on the development work undertaken by Mobil Oil, determining there could be in excess of 410 million tons of high volatility bituminous coal potential on the Pace acreage. Al Valencia, CEO of American Power Corp. commented: "A tremendous amount of work has already been undertaken on the Pace Coal Project and we continue to work towards our stated goal of proving up a mineable reserve and preparing a mine plan to re-establish coal production on the property as soon as possible." Montana's demonstrated reserve base of 119.1 billion short tons of coal represents over 24% of America's total demonstrated coal reserve base of 487.7 billion short tons. Of particular importance, the coal at the Pace Coal Project is bituminous B coal, which, due to its higher BTU rating, secures a higher market price than most of Montana's coal (typically sub-bituminous or lignite). American Power Corp. has access to a large and experienced workforce in Great Falls, Montana, and the coal project may provide hundreds, if not thousands, of new, high-paying jobs for the local economy (according to the U.S. Bureau of Labor Statistics, the average annual wage in the mining industry in Montana was $70,779 in 2008, or 122 percent higher than the average wage in the state). Substantial infrastructure is already in place adjacent to and within the acreage, including a federal highway, a BNSF railway line, pipeline, and power lines, all of which would facilitate the economic extraction and transportation of coal to market .About American Power Corp. American Power Corp. is a publicly traded, dynamic energy company based in Denver, Colorado. The Company was established with the focus of acquiring near-term, large scale coal projects in close proximity to national transportation links. American Power envisions developing its large coal resources to support electricity generation. American Power is a member of the Montana Mining Association, and holds approximately 29,000 acres in Judith Basin County, Montana. The estimated resources in place, based on exploration work conducted by Mobil Oil Co. (now ExxonMobil Corp.), and in several independent studies, range from 172 million up to 410+ million tons of high volatile bituminous B coal. All of the studies are available for download in the Projects section of the Company's website. American Power Corp. trades on the NASD OTC BB under ticker symbol TGMP. Shareholders are invited to contact corporate communications toll free at (800) 537-1110 for further information or visit the Company's website at www.americanpowerco.com to download our Fact Sheet and Corporate Profile.
Cautionary Note to U.S. Investors
The United States Securities and Exchange Commission ("SEC") permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this document that SEC's guidelines may prohibit us from including in filings with the SEC
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