SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (90387)8/17/2001 11:10:58 AM
From: LANCE B  Respond to of 150070
 
ICTK=LAST TIME IT RAN FROM THIS SPOT TO .47 ON NEWS
A MONTH AND HALF AGO...JUST SOMETHING TO WATCH

ICTK Announces Strategic Alliance for Coal Industry


TULSA, Okla.--(BUSINESS WIRE)--Aug. 17, 2001--International Cavitation Technologies, Inc. (OTCBB:ICTK) today announced the formation of a strategic alliance with Meridian Ionic, Ltd. ("MIL"), a division of Meridian Hydrocarbons, Inc., to jointly develop and market their proprietary "Ion Collider" technology to the coal industry.

In previous laboratory testing, ICTK's patented Ion Collider(TM) "ionized" coal water wash resulted in a significant reduction in the amount of ash and sulfur content in the coal. These reductions directly result in a cleaner-burning coal with a higher BTU capacity. Mr. Gerald M. Brother, president of MIL, added: "There is a tremendous demand for new 'clean' coal-burning technology. With more than one billion tons of coal being burned annually by U.S. utility and manufacturing facilities alone, which results in some 115 million tons of ash/waste, there is literally an unlimited market for cleaner-burning coal. The Ion Collider(TM) proprietary process of washing the coal with ionized water can significantly increase the value of the coal."

Under the terms of the strategic alliance, MIL and ICT will work in conjunction to market the Ion Collider technology, initially to the steel and cement industries, and eventually to the utility corporate coal end-users. "Enhancing and improving coal-burning efficiencies will be a major economic and environmental asset to the continuing use of coal as a long-term, abundant and acceptable fuel," stated Monroe A. Ashworth III, president of ICTK. "Based on the remarkable results we have seen from our research testing, we anticipate a rapid development of the Ion Collider's application in the coal industry," concluded Ashworth.

International Cavitation Technologies Inc. owns six different patents and the worldwide rights to proprietary technology with a vast array of applications, including enhanced oil and gas production, dredging, environmental remediation, separation, waste minimization, wastewater treatment, air-conditioning and a variety of oil field applications. ICTK currently has licensing agreements in place with several companies. Ion Collider(TM) technology has proven its ability to remove contaminants from a variety of matrices in significantly less time and at lower costs than traditional environmental technologies. Additional information concerning ICTK can be found on the Internet at www.ioncollider.com.

This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although International Cavitation Technologies, Inc. believes the expectations contained in such forward-looking statements are reasonable, no assurance is given that such expectations will prove correct. This information may involve risks and uncertainties that could cause the actual results of International Cavitation Technologies, Inc. to differ materially from the forward-looking statements. Information on factors that may affect the business and financial results of the Company can be found in filings of the Company made with the SEC.

CONTACT:

The Franklin Group

Jay Shrewder, 918/743-2165

Fax: 918/743-2103

tfg@webzone.net

or



To: Joe Copia who wrote (90387)8/18/2001 4:05:24 PM
From: StocksDATsoar  Respond to of 150070
 
You heard it here first

HEARD ABOUT IT A FEW WEEKS AGO...

TEARSEVERYWHERE.



To: Joe Copia who wrote (90387)8/18/2001 5:02:27 PM
From: LANCE B  Respond to of 150070
 
IS THAT A STOCK!!!!!!!!!!



To: Joe Copia who wrote (90387)8/23/2001 10:32:38 PM
From: SSP  Read Replies (2) | Respond to of 150070
 
Your VQGI has news - VentureQuest Files 2nd Quarter 10-QSB

VANCOUVER, B.C., Aug 23, 2001 (BUSINESS WIRE) -- VentureQuest Group, Inc.,
(formerly VentureTech, Inc.) a Nevada corporation, (VQGI on "Pink Sheets"),
("the Company or VentureQuest") announced that it has filed its 10-QSB with the
Securities and Exchange Commission for the Company's second fiscal quarter ended
June 30, 2001.

The Company reported revenue from operations for the 2nd quarter of $96,150 and
an operating loss of $185,467. For the six months ending June 30, 2001, revenue
was $96,150 and the operating loss was 308,763. Net loss for the three and six
month periods ending June 30, 2001 were $193,888 and $386,883 respectively.
First quarter results were restated to defer the $337,246 gain on sale of the
Company's gambling subsidiary, EuroAsian E-Casinos International, Inc. The gain
will be recognized as the amount outstanding from the purchaser is received by
the Company in the future. Comparative numbers for the similar periods in 2000
were not provided. The merger with Gamecasters, Inc., which occurred in the
first quarter resulted in comparative numbers which would not be meaningful to
an understanding of the Company's relative performance.

"This was the first quarter in which operating revenue from our Cyberdome
facility commenced", stated William Baker, President and Chief Financial
Officer. "On May 1, 2001, the Company took over the complete operation of the
facility and we intend to continue operating it as a profit center while
utilizing it as a test site for our Cybertrak software", he added.

"The Company is continuing to complete its filings and respond to all S.E.C.
comments in order to regain its status as a NASDAQ OTC bulletin board company",
stated Eric Hutchingame, Chairman and C.E.O. "The significant events that have
occurred over the six month reporting period have made it necessary to make a
considerable number of changes to the Form 10 SB filing. We expect to file
another amendment very shortly", he added.

Additional information including a letter to shareholders and financial
statements for the second quarter are available on the Company's website at
www.vqgi.com

VentureQuest is engaged in the business of developing, acquiring, and
consolidating emerging or underachieving transaction-based companies that
provide recurring revenue.

The above statements in regard to VentureQuest Group, Inc. and Gamecasters, Inc.
which are not purely historical are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995, including
VentureQuest Group Inc. and Gamecasters Inc.'s beliefs, expectations, hopes or
intentions regarding the future. All forward-looking statements are made as of
the date hereof and are based on information available to the parties as of such
date. It is important to note that actual outcomes and actual results could
differ materially from those in such forward-looking statements. Factors that
could cause actual results to differ materially include risks and uncertainties
such as technological, legislative, corporate, regulatory and marketplace
changes.


CONTACT: VentureQuest Group, Inc.
Eric Hutchingame, 604/990-9889
ehutchingame@vqgi.com