Printer Friendly
The Free Library
19,607,053 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Cybertel in Discussions Regarding Possible Business Ventures & Alliances; Cybertel Capital Clarifies the Strategy for Its Energy Properties.


SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  -- Cybertel Capital, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CYBT) reported today it has been in discussions regarding future development of its Energy properties. The Company has defined a framework of guidelines for new direction that it believes could substantially advance the Company's business in the oil and gas sector.

Since late December 2004, the Company has initiated talks with investment Bankers and Agents of several American and Canadian based Oil & Gas production companies. There are no assurances that these discussions will result in any material positive effects or benefits for the Company. In an effort to ensure complete compliance and full disclosure as required by Regulation FD and mitigate any market speculation in its securities, Cybertel has disclosed the following information regarding these discussions for the general public.

Discussions were initiated through a consulting group, Magna Carta Magna Carta or Magna Charta [Lat., = great charter], the most famous document of British constitutional history, issued by King John at Runnymede under compulsion from the barons and the church in June, 1215.  Capital Markets in Montreal, headed by Mr. Frank Dumas, who was mandated by the Company to propose reorganization plans and alternatives to its client, Candao Enterprises (CDA (1) (Compact Disc Audio) The compact disc file extension that is seen on the computer in Explorer or some other file manager. CDA files are actually pointers to the locations of the individual tracks on the CD medium. See CD-DA. .H). Cybertel has retained a San Diego consulting firm, Focus Partners West LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, to represent it in pursuing alliances, relationships, partnerships and/or joint ventures, which would enhance its business development. Mr. Ken Israel, Managing Director of Focus, explained that, "the U.S. Company would be interested in evaluating the feasibility of possibly merging its oil-producing subsidiaries into the Canadian Company and further to evaluate the feasibility of marketing the technology for which Candao Enterprises Inc. owns licensing rights. Such technology enables the conversion of non-metallic waste into biosynthetic bi·o·syn·the·sis  
n.
Formation of a chemical compound by a living organism. Also called biogenesis.



bi
 natural gas."

Investors are cautioned that, except as disclosed in the Management Information Circular Information Circular

A document sent to shareholders outlining important matters to be discussed at the annual shareholders' meeting.

Notes:
Sent along with a proxy, the information circular may cover matters such as the election of the Board of Directors, possible
 to be prepared in connection with a potential transaction, any information released or received with respect to the ongoing discussion may not be accurate or complete and should not be relied upon. Trading in the securities of the Company should be considered to be highly speculative.

About Cybertel Capital

Cybertel Capital is a holding company that acquires interests in privately held companies privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
. Cybertel Capital also acts as an incubator for profitable companies that would like to go public in the near future. Cybertel Capital provides services to these companies and investments into their infrastructure that enables them to become publicly traded entities through dividend distribution to the shareholders of Cybertel Capital.

About Candao

Candao Enterprise Inc. is a publicly traded Canadian Company with rights to patented technologies that apply to converting organic waste into biosynthetic gas. Candao has alliances with oil and gas companies in the USA and recently announced a framework of guidelines for new direction that it believes should substantially advance the Company's goal of becoming a significant hub for the development and production of diversified energy sources.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 15, 2005
Words:529
Previous Article:Manhattan Pharmaceuticals To Present Safety Data for Propofol Lingual Spray at the 79th Clinical and Scientific Congress of the International...
Next Article:Forbes.Com Enhances User Experience with Launch of New Personalization Tool Named ''Attache''.



Related Articles
Cybertel Signs Agreement With Bell Atlantic to Share IP Telephony Network.
10 New Gateways to Help Lower Cost of Internet Telephony; Cybertel to Raise $5 Million Through Equity Financing.
Cybertel Signs Agreement with MCI WorldCom.
Cybertel Hires Victor Hanson as Labor Relations Director.
Cybertel Communications Acquires Like Dat Music to Further Enhance Multi-Media Services.
Voice-Over-Packet Market to Balloon to $87 Billion by 2004; Cybertel Uniquely Positioned to Take Advantage of The VoIP Market.
Monster Under THE BED.
blue-silicon Becomes Exclusive Unified Multimedia Messaging Provider to Cybertel Communications in Multi-Year Deal.
Cybertel Capital's Core Energy Unit To Investigate New Technology To Increase Production.
Cybertel Communications Contracts with United States Marine Corps Exchange to Sell CyberPhones; Potential Military Sales Could Generate Several...

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles