Zmgd.pk, Ngd, Mhr Are On Pennytobuck's Stock Watch Report
Zamage Digital Art Imaging, Inc
Zamage Digital Art Imaging, Inc. (ZMGD:PK) subsidiary, EverdowCRM signed a contract with ShenZhen Development Bank (SDB).
EverdowCRM will develop, design and deploy their unique customer relations management software system for the ShenZhen Development Bank. This program will help 266 SDB branches across 18 major economic Chinese cities to manage and track their sales and marketing efficiency. SDB has branches in Beijing, Shanghai, Tianjin, Chongqing, Guangzhou, Shenzhen, Hangzhou, Nanjing, Jinan, Dalian, Qingdao, Chengdu, Kunming, Haikou, Zhuhai, Foshan, Ningbo and Wenzhou.
Everdow Software Inc. focuses on business-oriented product development, offering its customers professional, Customer Relationship Management (CRM) systems and easy transaction/information management. Everdow Software Inc. provides reliable software solutions and professional service for various industries (banking, education, manufacturing, etc.)
For more information please visit www.zamagedigitalcorp.com or www.everdow.com
New Gold Inc. (AMEX:NGD) today provides an update on the hearings related to the nullification of the Environmental Impact Statement ("EIS") at the company's Cerro San Pedro Mine, located in San Luis Potosi, Mexico.
On July 7, the Fifth Auxiliary District Court in Mexico City denied the company's appeal against the September 2009 ruling by the Federal Court of Fiscal and Administrative Justice that ordered SEMARNAT, the Mexican government's environmental regulatory agency, to cancel the company's EIS in November 2009. Although New Gold has been informed by the court that the decision is negative, the company has not yet been provided the full decision including the written reasons for the denial. As a result, the company is not presently aware of the implications this could have on the Cerro San Pedro mine which is currently fully operational. New Gold expects to receive the detailed full decision in the coming weeks. After the company has had the opportunity to review the full decision, New Gold will file an appeal with a Collegiate Appeals Court in Mexico City. In addition, the company may file an application with the Mexican Supreme Court requesting it hear the case.
New Gold is an intermediate gold mining company with the Mesquite Mine in the United States, the Cerro San Pedro Mine in Mexico and the Peak Gold Mines in Australia. The company is expected to produce between 330,000 and 360,000 ounces of gold in 2010, growing to over 400,000 ounces in 2012. In addition, New Gold has a strong portfolio of development and exploration assets in North and South America. For further information on the company, please visit www.newgold.com.
Magnum Hunter Resources Corporation (AMEX:MHR) announced that it has adjourned its special meeting of the holders of Magnum Hunter's 10.25% Series C Cumulative Perpetual Preferred Stock ("Series C Preferred Stock"), to July 27, 2010. The Special Meeting was adjourned to allow the Company additional time to solicit additional proxies in favor of the proposal to be acted on by shareholders at the meeting due to the large number of record holders. The special meeting will be reconvened at 10:00 a.m. Central Time on July 27, 2010, in the Cedar Room at the Houstonian Hotel, 111 North Post Oak Lane, Houston, Texas 77024.
The special meeting is being held to act on a proposal to approve an increase in the total number of authorized shares of the Series C Preferred Stock.
Magnum Hunter Resources Corporation and subsidiaries are a Houston, Texas based independent exploration and production company engaged in the acquisition of exploratory leases and producing properties, secondary enhanced oil recovery projects, exploratory drilling, and production of oil and natural gas in the United States. The Company is presently active in three of the "big four" emerging shale plays in the United States.
For more information, please view our website at http://www.magnumhunterresources.com/
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by: Bill Pennyman
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