Tam of Henderson (OTCBB: TMHN)
Tam of Henderson Reports Gross Revenues of $1.7 Million and Net Income of $960,857 for the First Six Months of 2006
SHENZHEN, China and LOS ANGELES, Aug. 10 /PRNewswire-FirstCall/ — Tam of Henderson (OTC Bulletin Board: TMHN – News), through its wholly owned subsidiary Yu Zhi Lu Aviation Service Company Ltd. (”YZL”), a China-based aviation services company, providing domestic and international travel services to the areas of Hong Kong, Macau, and Taiwan, reported gross revenues for the six months ended June 30, 2006 of $1,692,599, and net income of $960,857 for the same period. Full details can be found in the Company’s Form 10-QSB which will be available at http://www.sec.gov.
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Imperial Petroleum, Inc. (OTCBB: IPTM)
Imperial Petroleum Announces Closing of Asset Sale
EVANSVILLE, Ind.–(BUSINESS WIRE)–Aug. 10, 2006–Imperial Petroleum, Inc. (OTCBB:IPTM – News) announced today that it closed the sale of certain assets as previously announced. to Whittier Energy Company and Premier Natural Resources LP. Proceeds from the sale of $13.6 million, will be used to pay down the Company’s senior debt. The Company retained approximately $1.8 million of the assets previously included in the sale and anticipates a subsequently closing by the buyers on a portion of those assets.
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