Monday, March 17,
2008
Focus Pick Update
Axial Vector
Engine Corp.
(PK: AXVC,
Frankfurt: BAE1)
Important Press Release Just Issued Today
Axial Vector Clarifies Recently Announced
Standstill Agreement
The
Green Baron Report
recognizes that there is a lot of uncertainty in
the markets these days. It’s not every day that
a key Wall Street investment banking firm like
Bear Stearns is suddenly bought out for just $2
per share when it was trading for $90 per share
a few weeks ago. However, in the midst of all
this craziness, please try to stay focused on
what is happening right here.
Axial Vector just
announced news today that really should take
AXVC stock over $2 per share. Read all the
commentary reprinted below by EICA Senior
Managing Director Arash Masom and you tell us
differently. For example, Mr. Masom states,
“EICA is
a conservative investor and AVEC (Axial Vector
Engine Corporation) has matured to the point
where we view it as a conservative, low risk
investment for us, even at $4 per share. As the
largest shareholder, we recognize our obligation
to existing shareholders to minimize dilution
particularly when the stock is so deeply
discounted.”
The announcement
is full of vital information that confirms
EICA’s long term financial commitment to this
Company. It is also clear that Chaiman Ahmed
Khalifa was delighted with orders received from
last week’s show and is anxious to deliver news
regarding these new orders very soon.
The Green Baron
Report hopes to deliver a new
exclusive webcast within the next week or so
that reveals all current company developments
and plans.
DUBAI, United Arab
Emirates, Mar 17 (PRNewswire-FirstCall) – Due to
an enormous number of calls and questions
regarding its announcement March 10, Axial
Vector Engine Corporation (Pink Sheets: AXVC)
(Frankfurt: BAE1) wishes to bring more clarity
to this press release. On Monday, March 10,
Axial Vector announced a “standstill” agreement
with Emirates International Capital Advisory (EICA)
precluding the sale of AVEC treasury stock for
less than US$4 per share. It also precludes EICA
from buying directly from any large
shareholders. The Agreement does not, however,
prevent EICA from acquiring shares on the open
market.
EICA Senior
Managing Director Arash Masom stated, “As I said
in the AVEC webcast on
www.thegreenbaron.com, EICA is a
conservative investor and AVEC has matured to
the point where we view it as a conservative,
low risk investment for us, even at $4 per
share. As the largest shareholder, we recognize
our obligation to existing shareholders to
minimize dilution particularly when the stock is
so deeply discounted. The March 10 announcement
was addressing this point alone.”
Mr. Masom
continued, “Hence, we will inject capital in
variety of ways, as evidenced by our recent
announcements regarding the acquisition of
AVEC’s primary supplier and military development
company Adaptive Propulsion Systems, the
extension of US$45 million of credit to AVEC for
a full scale production line for generator sets
in Detroit and the dedication of even more
capital for financing licensee manufacturers and
end-users.”
Director Masom
concluded, “These obligations alone represent
potentially hundreds of millions of dollars of
commitment. We have the resources necessary to
fully support AVEC’s engine and small motor
product lines as well and intend to commit
additional resources as needed to expedite
production and sales of all products.”
Mr.
Ahmed Khalifa, Chairman of AVEC stated, “We are
delighted with the commitment of orders for
emergency power and stand alone power that
AVEC’s products received at the Water, Energy
Technology & Environment Exhibition (WETEX) here
in Dubai.”
Mr.
Khalifa added, “We anticipate hosting a second
webcast shortly and will summarize last week’s
order activities at some point this week and
provide guidance going forward. The time and
date of the webcast will be announced very
shortly. In the meantime, pictures of AVEC’s
exhibit can be viewed under Press Room – Gallery
at
www.axialvectorengine.com.”
Axial Vector(TM)
Engine Corporation is a publicly traded company
(OTC Pink Sheets: AXVC.PK) 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.
Axial Vector
Engine Corporation
avec@emiratescapital.net
One World Trade
Center
121 SW Salmon
Street, Suite 1100
Portland, Oregon
USA
(503) 471-1348
www.axialvectorengine.com
SOURCE Axial
Vector Engine Corporation
Webcast Stock Update
U.S. Mine Makers, Inc. (PK: USMM)
News Released Today
U.S. Mine Makers Rated ‘Speculative Buy’, Target
Price of $.55 by Beacon Equity Research
Recently webcast interviewed company U.S. Mine
Makers (USMM) by
The Green Baron
Report
was
written up by Beacon Equity Research as a new
‘speculative buy’. The new report was released
today. This might be a good time for members to
go back to our webcasts page at
http://www.thegreenbaron.com/Webcasts.htm
and listen to the interview with CEO Ronald Bell
made available on February 21, 2008. This is
definitely a stock to keep on your radar.
DALLAS, March 17,
2008 – U.S. Mine
Makers (OTC: USMM)
has been rated Speculative Buy with a price
target of $.55 by Beacon Equity Research Analyst
Lisa Springer, CFA.
The full report is available at
http://www.BeaconEquity.com
Anyone interested in receiving alerts regarding
U.S. Mine Makers
research should email
members@beaconequity.com with "USMM"
in the subject line.
In the report, the analyst writes, "U.S.
Mine Makers (USMM)
provides mine remediation services and also
extracts residual precious metals from ore
stockpiles left behind at abandoned mines using
cost-effective, environmentally-friendly
technologies. The Company conducts its
remediation and mineral processing activities in
well-known mining areas of Idaho, Nevada and
Canada. USMM
has been successful in recovering residual gold,
platinum and other precious metals from
waste rock at abandoned mines and is currently
establishing its own processing and mining
facility in Idaho where it has assets and ore
stockpiles. The facility will initially process
up to 10 tons per day (TPD) of ore concentrate
and has the capacity to process 100 TPD
on-site."
Other companies in the mining sector include
Stillwater Mining (NYSE: SWC), Newmont Mining
(NYSE: NEM), Harmony Gold Mining (NYSE:
HMY), and Goldcorp (NYSE: GG)
Beacon Equity Research Disclosure
The analysts contributing to this report do not
hold any shares of US Mine Makers (USMM).
Additionally the analysts contributing to this
report certify that the views expressed herein
accurately reflect the analysts' personal views
as to the subject securities and issuers. The
analyst(s) writing this report recognize and
aspire to all of the CFA Institute Guidelines
for Independent Research. Beacon Equity Research
("Beacon") certifies that no part of the
analysts' compensation was, is, or will be,
directly or indirectly, related to the specific
recommendation or views expressed by the
analysts in the report. BER and its affiliates
have been compensated fifty thousand free
trading shares from a non-controlling third
party for enrollment of USMM
in its research program. This report is based on
data obtained from sources we believe to be
reliable, but is not guaranteed as to accuracy
and does not purport to be complete. As such,
the report should not be construed as advice
designed to meet the particular investment needs
of any investor. Any opinions expressed herein
are subject to change.