American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that it has signed an option agreement to acquire two claim blocks in townships of Mekinac and Lajuene, Province of Quebec.
These claim blocks are approximately 3600 acres in total and are located 120 miles east of Montreal P.Q. and 50 miles north of Three Rivers P.Q. They are accessible year round with infrastructure in the immediate vicinity. American Video Teleconferencing, after a lengthy search and after careful due diligence, believes this is going to be one of the most active areas for Rare Earths exploration and American Video Teleconferencing' holdings are in the same geological setting as the 48% Rare Earths showing.
Rare Earths are in huge demand especially in the United States as China is closing off its exports of these strategic metals to less than 5% of its production.
American Video Teleconferencing will aggressively continue to search world wide for opportunities in Precious, Base and Rare Earths metal projects.
On May 19, 2010, League Now Holdings Corporation (OTCBB:LNWZ) entered into binding letter of intent with Oriental Wise International Limited. Pursuant to the Letter of Intent, Oriental Wise and League Now Holdings are to commence the negotiation and preparation of a definitive share purchase agreement whereby League Now Holdings, Oriental Wise and the shareholders of Oriental Wise will complete a share exchange transaction (the "Transaction") on or before June 15, 2010, subject to certain conditions precedent to the closing of the Transaction. Pursuant to the Letter of Intent, Oriental Wise will become a wholly-owned subsidiary of League Now Holdings. The letter of intent expired on June 15, 2010 and no agreement was reached.
League Now has not been able to raise additional funds through either debt or equity offerings. Without this additional cash League Now have been unable to complete League Now Holdings' plan of operations and generate sufficient revenue to complete such plan.
Safeway Inc. (NYSE:SWY) reported net income of $122.8 million ($0.33 per diluted share) for the third quarter of 2010 compared to $128.8 million ($0.31 per diluted share) for the third quarter of 2009. Results for the third quarter of 2010 include $12 million ($0.02 per diluted share) of employee severance charges, offset by a lower tax rate compared to the third quarter of 2009.
Safeway Inc. is a Fortune 100 company and one of the largest food and drug retailers in North America based on sales. Safeway operates 1,702 stores in the United States and Canada.
Saga Communications, Inc. (NYSE Amex: SGA) announced that it will release its 3rd Quarter 2010 results at 12:00 p.m. EST on Monday November 8, 2010. The company will be holding a conference call on the same date at 2:00 p.m. EST. The dial-in numbers are as follows: Domestic and International Dial-in Number: (612) 234-9959 and the Access Code: 174308.
Saga Communications requests that all parties that have a question that they would like to submit to the Company to please email the inquiry by 1:00 p.m. EST on November 8, 2010 to SagaIR@sagacom.com. The Company will discuss, during the limited period of the conference call, those inquiries it deems of general relevance and interest. Only inquiries made in compliance with the foregoing will be discussed during the call.
Saga Communications, Inc. is a broadcasting company whose business is devoted to acquiring, developing and operating broadcast properties.
Saia, Inc. (Nasdaq:SAIA), a multi-regional trucking transportation company, announced that it will release its second quarter 2010 results before the market opens on Thursday, October 28, 2010. Saia management will host a conference call to discuss the results that morning at 11:00 a.m. Eastern Time.
To participate in the call, please dial 1-800-776-9057 or 913-312-9321 with conference ID #4878983. Callers should dial in five to ten minutes in advance of the conference call. This call will be webcast live via the company web site at saia.com. A replay of the call will be offered two hours after the completion of the call through November 4, 2010 at 2:00 pm ET. The replay will be available by dialing 1-888-203-1112 or 719-457-0820.
The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (streetevents.com).
Saia, Inc. is a less-than-truckload provider of regional, interregional and guaranteed services covering 34 states.
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