KAL Energy, Inc. — New Coal Seam Discovered on East Kalimantan Coal Concession
LONDON–(MARKET WIRE)–Apr 18, 2007 — KAL Energy, Inc. (OTC BB:KALG.OB – News) is pleased to confirm a second coal seam has been discovered on its East Kalimantan Coal Concession. The drilling results of the previously announced $2,000,000 Phase 1 exploration program indicate that the new seam is approximately 1.5m thick with extent and quality to be determined by further drilling; the new seam was not part of the original 192 million ton geological resource estimate. This additional seam can drastically increase the amount of coal that can be mined by KAL Energy on their concessions.
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ZAP (OTCBB: ZAAP)
$79 Million Order for ZAP (OTC BB: ZAAP) Electric Cars
ZAP is pleased to announce their largest order for consumer electric vehicles
SANTA ROSA, Calif., April 18 /PRNewswire-FirstCall/ — Electric car pioneer ZAP (OTC Bulletin Board: ZAAP – News) has received an order for $79 Million from a Chicago-based start-up, The Electric Vehicle Company. The Electric Vehicle Company (EVC) was founded with the goal of promoting economical non-polluting electric transportation. EVC is being funded by two hedge funds, Diversified Equity Funding, L.P. and Diversified Strategies Fund, LLC, which both have an investment interest in ZAP. EVC will focus on sales of electric vehicles to municipalities, distributors, university campuses, auto and recreational dealers, foreign countries and the military. Additionally, the company has the goal of developing the first retail chain committed to the sale of all electric vehicles. The two funds have committed the funding necessary to develop the marketing organization. The hedge funds will also provide financing for the purchase of ZAP vehicles by fleets and municipalities.
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http://stockguru.com/profiles/zaap/news.php
Telecom Communications, Inc. (OTCBB: TCOM)
MyStarU Enters a Strategic Partnership with South TV
BEIJING, April 18 /Xinhua-PRNewswire-FirstCall/ — Telecom Communications, Inc. (OTC Bulletin Board: TCOM – News), the Total Solutions Provider, announced today that its subsidiary, MyStarU.com online education net, has entered an agreement to form strategic partnership with South TV (”STV”), a television network in the southern of China.
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http://www.stockguru.com/profiles/tcom/news.php
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