ShamrockStocks.com: Lucky Picks of The Day: (PINKSHEETS:MMUH) - (OTCBB:AEHI)- (OTCBB:LIEG)
(M2 PressWIRE Via Acquire Media NewsEdge) RDATE:01122010
Rochester NY -- www.shamrockstocks.com names (PINKSHEETS:MMUH) Mobile Media Unlimited Holdings, (OTCBB:AEHI) Alternate Energy Holdings, Inc., and (OTCBB:LIEG) Li3 Energy, Inc. it's "Lucky Picks of the Day!
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About Mobile Media Unlimited Holdings
For more information please visit http://www.enablets.com.
ORLANDO, FL, Dec 01, 2010 -- Mobile Media Unlimited Holdings (PINKSHEETS: MMUH) is pleased to announce that it has completed the delivery of its Email Gateway to their first client based out of Australia.
Mobile Media received an order from the customer last quarter, which is binding for three years and provides guaranteed minimum revenues for Enable Software, Mobile Media's wholly owned subsidiary. The order retails at $72,000 as it stands, but has the potential to be three times that should the relationship really grow as expected.
Since receipt of the order, we have been working hard with the customer to deploy the solution into their data centers and all parties are now sufficiently happy with the install that the product has gone live and the service provider has started to add customers onto the live solution.
Enable Software will receive the first revenues for the solution in December, with additional revenue ramping up throughout the first, second and third quarters of 2011.
"The location of this client is key to Enable Software as it strategically creates a user base within another corner of the world." Says Danny Jenkins, CEO of Mobile Media.
Last week, Mobile Media held a webinar designed to ensure that the investment community understood the products that the company's subsidiary offers. Further webinars are planned for the future to showcase other products that Enable Software has to offer as well as giving those who could not get a place on this week's webinar a chance to view the Email Management Suite.
Mobile Media's subsidiary, Enable Software will be unveiling its new corporate image, including logo and website later on this week. The new corporate image is a significant milestone in the development of the business plan.
Enable Software is a software development company that works with IT Service Providers to furnish them with the very latest in email and storage management solutions for the modern market place.
About Alternate Energy Holdings, Inc. (OTCQB:AEHI) (http://www.aehipower.com) --
Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation's only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.
The Alternate Energy Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8058
WASHINGTON, Dec 1, 2010 -- Former Speaker of the House and General Chairman of American Solutions, Newt Gingrich, recently honored AEHI CEO Donald Gillispie, as American Solutions' 2010 @Businessman of the Year. Speaker Gingrich recognized Donald Gillispie at the American Solutions Election Night Dinner on November 2nd at The Ronald Reagan Building in Washington, D.C.
"Led by leaders like Donald Gillispie, who has succeeded in the face of adversity and economic turmoil, our victory on November 2nd was just the start to what will prove to be an historic Conservative movement to reject the left and provide common sense Center-Right Leadership."
According to American Solutions, as the economy spiraled into recession, President Obama and the Democrats in Congress offered no solutions for almost two years. Instead, they introduced one job killing bill after another, forced unpopular and corrupt socialized health-care reform through Congress, and have refused to take any responsibility whatsoever for their inaction, deciding instead to blame others for their failures. Donald Gillispie, on the other hand, has taken these challenges head on and managed to survive - and even succeed - in an extremely hostile and uncertain economic environment.
About American Solutions -- American Solutions is a tri-partisan citizen action network of over 1.5 Million members. Its goal is to create the next generation of solutions that will ensure that the United States remains the safest, freest, and most prosperous country in the world. Its General Chairman is Speaker Newt Gingrich. For more information, visit www.AmericanSolutions.com.
About Don Gillispie -- A 45-year veteran of the nuclear industry, Don Gillispie was involved in the construction and operation of a number of nuclear reactors and helped start the Institute of Nuclear Power Operations (INPO). His real interest in nuclear power began in the military. He completed the Navy Nuclear Power School, became a nuclear operator and served aboard the SSBN Francis Scott Key. He is now CEO of Alternate Energy Holdings, Inc. in Eagle, Idaho.
About Li3 Energy, Inc.
Li3 Energy, Inc. is an early stage, U.S. public company pursuing a strategy in the lithium mining and energy sector in the Americas, with a focus on identifying and acquiring opportunities in Peru, Argentina and Chile. Li3 Energy's goal is to acquire a significant portfolio of lithium brine deposits in the Americas for the purpose of development and production in order to meet growing market demand and to support the clean energy and green energy initiatives.
LIMA, Peru, Dec. 1, 2010 -- Li3 Energy, Inc. (OTC Bulletin Board: LIEG; "Li3") is pleased to announce it has signed a non-binding exclusive letter of intent with Sociedades Legales de Minerales de LITIO 1 a 6 de la Sierra Hoyada de Maricunga, a group of private companies (the "Companies") to acquire 51% ownership of the Companies, which collectively own the Maricunga Project ("Maricunga") in northern Chile. Li3 has retained CIBC World Markets Inc. as its exclusive financial advisor and agent for the transaction.
The Maricunga property, covers an area of approximately 3,553 acres (1,438 hectares), comprising six concessions, and is located in the northeast section of the Salar de Maricunga in Region III of Atacama in northern Chile.
A sampling program on the 8,000 hectare Salar de Maricunga has been performed by CORFO, the economic development agency of the Republic of Chile, and calculated a mineral resource of 224,300 tonnes of lithium carbonate (Li2CO3) and 3.27 million tonnes of potash (KCl).
In exchange for the 51% ownership interest in the Companies, Li3 will pay US$5.1 million and issue a number of shares of Li3 common stock to the Companies equal to 26% of the outstanding Li3 stock on a post-transaction basis. Li3 will issue additional shares to the Companies upon exercise of any options and warrants outstanding at the time of closing, in proportion to their percentage ownership as of closing.
Luis Saenz, Chief Executive Officer of Li3, stated: "The Maricunga Project acquisition is a major transaction on a property that has had advanced work performed in the past in a district that has historically proven to be as attractive as the Atacama producing region. It would also create several synergies with our Alfredo nitrate iodine project near Pozo Almonte, Chile. Potash from Maricunga can be reacted with sodium nitrate from Alfredo in order to produce a value-added potassium nitrate, while the sulfate produced from Alfredo can be used as a low cost raw material for lithium processing at Maricunga. As we move forward, we believe this strategy will help position Li3 as one of the lowest cost producing companies in the lithium sector. We are very excited to take the first large step into becoming an important player within the industry."
In addition, Li3 will be committing to invest a total of up to US$5 million in work programs on exploration and studies to advance Maricunga towards the feasibility study stage. All work is to be performed to NI 43-101 standards.
Closing of the Maricunga acquisition is subject to satisfactory completion of due diligence, financing of the cash purchase price and work commitment by Li3 and other customary conditions. The letter of intent will expire in 90 days if the acquisition has not been completed.
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