SUN News Financialbussinessnews.US: FinancialBusinessNews.US: Stock News: WTWO & SUNR Boston, MA, Oct 20, 2008 (M2 PRESSWIRE via COMTEX) -- W2 Energy, Inc. (PINKSHEETS: WTWO); SUN Sports & Entertainment, Inc. (PINKSHEETS: SUNR) ------------------------------------------- W2 Energy, Inc. (PINKSHEETS: WTWO) closed at $0.015 Friday, trading 231,604 shares. Company News- October 20, 2008: Kerry Associates Inc. Announces Entering into Joint Venture discussions with Great Bay Logistics on behalf of W2 Energy Inc. Earlier today the following was announced: Kerry Associates, Inc. is pleased to announce that it has entered into joint venture negotiations with Great Bay Logistics, a Cargo Freight, Logistics and Waste Management company based in Francestown, N.H. on behalf of W2 Energy, Inc. (PINKSHEETS: WTWO). Great Bay Logistics is a prime candidate for a joint venture with W2 Energy and its Plasma Reactor Technology (PRT) with its seasoned network in the waste management industry and facility site in New Hampshire. To read the full news release, go to www.stockprofiler.us, and click the Headline link after entering the ticker symbol. About W2 Energy Inc. W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s plasma assisted biomass-to-energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt. Updates can also be found at: http://www.w2energy.com. About Kerry Associates: Specialty consulting group Kerry Associates' mission is clear and unequivocal: to help the world's leading corporation's gain and sustain competitive advantage, and achieve profound, tangible results for our clients. Whether the focus is on strategy or operations, on organizational change or strategic business technology, our people are committed to helping clients improve their products and services, their business relationships, and their bottom line economics. (www.kerryassociates.com) SUN Completes $5,000,000 Financing DALLAS, TX, Oct 20, 2008 (MARKET WIRE via COMTEX) -- SUN Sports & Entertainment, Inc. (PINKSHEETS: SUNR) announced today it has completed a financing arrangement which could provide the Company with up to $5,000,000 in direct investment capital from The N.I.R. Group, LLC, a hedge fund that provides direct investment financing. Comu added, "This is the final step of an aggressive re-organization plan that started in March of this year and has involved a re-structuring of our operating plan and the launch of some new and exciting activities for SUN. We are very enthusiastic that the sport of MMA continues to increase and expect to be a dominant player in the industry. I'm proud to say that we completed this financing during one of the toughest times on Wall Street." N.I.R. Managing Director Corey Ribotsky commented, "We like the SUN business model and are very confident that the sport of MMA is just starting to grow. We hope our investments and relationship can help the company achieve its financial forecasts." SUN President Clyde Gentry III stated, "In the coming months, our shareholders should be looking for a lot of new and exciting changes with the Company to include an interactive web site, an entire new line of merchandise, and some dynamic concept-driven MMA Promotions. The Company has slated an aggressive production schedule for 2009 to include new strategic venue and broadcast partners." About SUN: SUN Sports & Entertainment, Inc. (www.sunorganization.com) is a Professional Mixed Martial Arts Event Production and Promotion Company specializing in concept-driven MMA events. SUN is a Certified and Licensed Combative Sports Promoter that produces World Class MMA Events under the brand, Art of War (www.artofwarlive.com). About N.I.R. Group, LLC: The N.I.R. Group, through its hedge fund, has been investing in new and developing public companies since 1999. With offices in Roslyn, New York and Charlotte, North Carolina, N.I.R. Group, LLC invests on behalf of both individuals and institutional investors. For more info please visit (www.nirgroup.com). Safe Harbor Statement -- This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. SUN Sports & Entertainment Inc. does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law. |
This release contains certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Sun Organization Inc. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending, Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Sun Organization Inc. do not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.