Thursday, February 28, 2008 Stock Alert Update Axial Vector Engine Corp. (PK: AXVC, Frankfurt: BAE1) News Announced In Conference Call after Close Yesterday Project Finance Agreement Signed With Dubai Based Consortium Axial Vector revealed more pieces to the puzzle yesterday when it announced in a press release and its conference call that funding from its partners Emirates International Capital Advisory and other institutions will allow it to take orders at the upcoming WETEX conference in Dubai and confidently provide the production schedule. It was also announced that a “carbon credit” finance program will make it much easier for customers to purchase its “ultra efficient multi-fuel GENSETS”. Developing countries can now get power and the World Bank will help finance it because it believes in what Axial Vector has produced. The Company believes its units are 25% below current industry leaders with a much higher value proposition. Axial Vector’s one megawatt unit demo will be on display at the WETEX conference March 11-13. The Company also believes its smaller and lighter combustion engine will be in 19 million cars by 2020. It is our understanding that a transcript of the conference call will soon be available on the Company’s website. The Green Baron Report will continue to monitor developments closely at Axial Vector Engine Corp. We are beginning to think this stock is setting up for a huge move up. DUBAI, United Arab Emirates, Feb. 27 /PRNewswire-FirstCall/ -- Axial Vector Engine Corporation (Pink Sheets: AXVC) (Frankfurt: BAE1) today announced it has signed an agreement to provide project finance for factory development and a "carbon credit" finance program for customers to purchase its new "ultra efficient multi-fuel GENSETS." The details of the both were announced today in an investor conference call. To listen to a replay of the conference call dial the toll-free number 1 800 704 9804 then press *986729 (participant code) if outside the USA, use international access number 1 404 920 6604, then *986729. Ahmed Khalifa, Chairman of AVEC, stated, "This financing commitment from our partners Emirates International Capital Advisory and other institutions gives us the ability to take orders at the launch of our technology on March 11 at WETEX in Dubai and confidently provide the production schedule." Mr. Khalifa further stated, "Our products are the first that we know of that can deliver this type of performance." He also added, "Our value added service of providing the 'self finance carbon credit system' to the tens of millions of customers who are currently without any power, puts AVEC at the forefront of providing dependable electricity." Arash Masom, Senior Managing Director of Emirates International Capital Advisory (http://www.emiratescapital.net), said, "With the announced cost of these units 25% below current industry leaders and with a much higher value proposition, we believe this is a sound deployment of capital and provided a good return on our investment." Axial Vector(TM) Engine Corporation is a publicly traded company (Pink Sheets: AXVC) that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies. AVEC is applying these technologies to develop an exciting, new, smaller and lighter internal combustion engine that produces significantly greater horsepower and three times more torque on less fuel than conventional engines of similar size. Forward-Looking Statements This press release may be deemed to contain forward-looking information. Any forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements as to industry trends, future economic performance, anticipated profitability, anticipated revenues and expenses, and products or service line growth, may be significantly and materially impacted by certain risks and uncertainties, including, but not limited to, failure to meet operating objectives or to execute the operating plan, completion, and other economic factors. Additional risks and uncertainties are described in the Company's public filings with the Securities and Exchange Commission. Contact: Axial Vector Engine Corporation 503-471-1348 One World Trade Center 121 SW Salmon Street, Suite 1100 Portland, Oregon USA (503)471-1348 http://www.axialvectorengine.com SOURCE Axial Vector Engine Corporation
Webcast Stock Update U.S. Mine Makers, Inc. (USMM) News Just Released This Morning U.S. Mine Makers, Inc. Acquires $8 Million in Mining Assets The acquisition of $8 million in assets announced this morning for 30 million shares of common stock prices the cost between .26 and .27 per share. This marks a significant development for U.S. Mine Makers and provides the company with a sound asset base. The Green Baron Report is actively trying to locate mining companies with good management to present to our members due to the huge increase in the value of precious metals over the past few years. U.S. Mine Makers has experienced management and a focused plan to generate profits. We expect to interview CEO Ronald Bell again in the near future to discuss the meaning behind this press release and other developments. We suggest that members keep USMM on your radar. PALM DESERT, CA, -- February 28, 2008 (PRIMEZONE via COMTEX) U.S. Mine Makers, Inc., (Pink Sheets: USMM; announced today that it has completed an Asset Purchase Agreement entered into on January 23, 2008. The assets purchased consist of various mining and ore processing equipment and machinery together with ore stockpiles, all of which are at USMM’s facilities. The equipment and ore purchase was valued in excess of $8,000,000 in exchange for 30,000,000 shares of common stock of USMM. The transaction closed on Friday, February 22, 2008. Ronald Bell, President and CEO of USMM stated, “Now, that we have processing equipment in place, our chemists have begun new testing to confirm the amount of precious metals in our ore stockpiles. This information is crucial and we will be able to release initial data from these tests in 30-60 days. These are exciting times.” About U.S. Mine Makers, Inc. U.S. Mine Makers, Inc. is a mining and exploration company with executive offices in Palm Desert, California. Besides its precious metals mining operations, the company also prides itself as an ‘eco-friendly’ mine restoration company that uses its own modern technology to clean up toxic mine sites. The company motto is, “We Clean the Planet - One Mine Site at a Time.” U.S Mine Makers, Inc. maintains a web site at: www.usminemakers.com. This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Uranium City Mining Corporation, and members of management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. These risks and uncertainties include, among other things, volatility of market prices, product demand, market competition, risks inherent in the Company's international operations, and the Company's ability to expand. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. Source: U.S. Mine Makers, Inc.
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