Channel Financing Blog

How to use Pound's position on the market to invest in property effectively and buy a dream home overseas? There was never a better time for UK investors to Invest in US, Caribbean and Central America property markets find out more and collect your free invitation to Excel London show Place in the Sun. Three part research and advice article about property investments based on three years figures from UK based overseas property investment company Principal International.

London, Surrey  - April 23, 2008 -- You can't open a newspaper at the moment without seeing a report on Britain's financial crisis and the end of the housing boom. First time buyers are finding it almost impossible to get a foot on the property ladder and now homeowners and investors are facing potential negative equity on the value of their properties. Even celebrities like Orlando Bloom, Leona Lewis and Jonathan Woodgate have spoken out about the high property prices in London, which are causing them to consider other options.

Credit Crunch creates more opportunities to invest in properties abroad

For a long time, buy to let properties in Britain have been a secure venture for UK investors, but is it now time to start looking further a field?

Simon Ryeland - Director of Principal International Properties and specialist with 17 years in property investment, is clear that there are still good property investments out there, as long as you know where to look. "People have been investing with us in properties in the UK and abroad for over twelve years now. Over the last few years many emerging overseas markets have experienced strong rental yields and capital growth and provided a far more profitable solution than the UK market."

And it seems that the obvious destination for buying investment property overseas - Spain - isn't necessarily the best value for money.

"Spain is now generally considered as an area mainly for lifestyle purchases and we would encourage investors to look further afield." Says Simon.

Investors put off by overcrowded beaches, recent concerns over illegally built homes and the strength of the Euro against the Pound have good reason to consider other emerging markets.

There was never a better time for UK investors to Invest in great Property in US, Caribbean and Central America

One of the biggest considerations is the current value of the pound against the US dollar. Put simply, with an almost two to one exchange rate, your pound will go a lot further in countries associated with the US dollar than those associated with the Euro. And this means there are a lot of exciting property investment opportunities out there.

To be continued...

Next week: Where are the US dollar property investment hotspots? Plus unlocking the undiscovered wealth of the Eastern European property market.

This week Channel 4's A Place in the Sun Live property investment show is taking place at ExCeL London, Friday 25th to Sunday 27th April 2008.

Report by Jennifer Clowes. Analysis for this article is based on the last three years figures from Principal International Properties (pip4u.com).

Press Contact: Simon Ryeland
Company Name: Principal International Properties
Phone: (+44)01483748629
Website: http://www.principalinternational.co.uk

# posted by (hris @ 1:23 PM 0 Comments

RedEnvelope, Inc. (PINKSHEETS: REDE) today announced that in connection with its Chapter 11 case pending before the United States Bankruptcy Court in San Francisco, the Bankruptcy Court issued an order on April 22, 2008 granting authority to RedEnvelope, Inc. (the "Company") to enter into the $4.5 million debtor-in-possession credit facility and loan agreement by and among the Company, Granite Creek Partners Agent, LLC, as agent, Creative Catalogs Corporation ("Creative Catalogs") and Granite Creek FlexCap I, L.P. as the lenders and approving certain asset sale procedures, which among other things, identifies Creative Catalogs as the stalking horse bidder.

San Francisco, CA  -  April 23, 2008 -- RedEnvelope, Inc. (PINKSHEETS: REDE) today announced that in connection with its Chapter 11 case pending before the United States Bankruptcy Court in San Francisco, the Bankruptcy Court issued an order on April 22, 2008 granting authority to RedEnvelope, Inc. (the "Company") to enter into the $4.5 million debtor-in-possession credit facility and loan agreement by and among the Company, Granite Creek Partners Agent, LLC, as agent, Creative Catalogs Corporation ("Creative Catalogs") and Granite Creek FlexCap I, L.P. as the lenders and approving certain asset sale procedures, which among other things, identifies Creative Catalogs as the stalking horse bidder.

In addition, the Bankruptcy Court revised the sale procedures as previously disclosed in the Company's press release dated April 18, 2008 and in the Asset Purchase Agreement by and between the Company and Creative Catalogs dated April 17, 2008. Notably, the Bankruptcy Court capped the breakup fee at 4.5% of the cash consideration of $5.7 million, eliminated the 2% expense reimbursement provision, and also changed the initial overbid amount from $500,000 to $350,000.

"We are pleased that the decision made by the Bankruptcy Court yesterday will allow us more than adequate financing for the coming weeks and will allow us to return to business and payment as usual. In addition, we believe that this process will allow us to maximize the return for existing creditors," said Phil Neri, the Company's Chief Financial Officer.

The Bankruptcy Court has scheduled the sale hearing and auction of the Company's assets for May 27, 2008 at 9:30 a.m. A final Bankruptcy Court order regarding sale procedures is expected to be issued on or about Monday, April 28, 2008. Those interested in submitting bids should contact the Company in writing at 149 New Montgomery Street, San Francisco, CA 94105. For information regarding the Company, the auction or the bankruptcy filing please contact the Company's Chief Restructuring Officer, A. Stone Douglass, at (415) 512-6122.

About RedEnvelope, Inc.

RedEnvelope, Inc. is a retailer dedicated to inspiring people to celebrate their relationships through giving. RedEnvelope offers an extensive collection of imaginative gifts through its webstore, www.RedEnvelope.com.

"RedEnvelope" is a registered trademark of RedEnvelope, Inc.

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements contained in this press release include statements which may be preceded by the words "plan," "will," "expect," "believe," or similar words. Such statements are based upon current expectations and involve risks and uncertainties. The Company's actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors. Factors that could affect future performance include, but are not limited to the Company's ability to: operate pursuant to the terms of the DIP Agreement; fund its working capital needs through the expiration of the DIP Agreement; obtain final Bankruptcy Court approval of the sale procedures and Asset Purchase Agreement; consummate the Asset Purchase Agreement in a timely manner; complete the Chapter 11 process in a timely manner; continue to operate in the ordinary course and manage its relationships with its creditors, noteholders, vendors, employees and customers given the Company's financial condition; limit the amount of time the Company's management and officers devote to restructuring, in order to allow them to run the business, and retain a number of its key managers and employees, and other risk factors described in detail in our Report on Form 10-K for the fiscal year ended April 1, 2007 and Quarterly Report on Form 10-Q for the period ended December 30, 2007, including, without limitation, those discussed under the caption, "Risk Factors," which documents are on file with the Securities and Exchange Commission (the "SEC") and available at the SEC's website at www.sec.gov. These forward-looking statements are made only as of the date of this press release, and RedEnvelope undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. The lack of any update or revision is not intended to imply continued affirmation of forward-looking statements contained herein.

Media Contact:
Stone Douglass
Company's Chief Restructuring Officer
(415) 512-6122

Press Contact: Stone Douglass
Company Name: RedEnvelope, Inc.
Phone: 415- 512-6122
Website: www.RedEnvelope.com

# posted by (hris @ 11:59 PM 0 Comments

On the rise to becoming one of the top providers of insurance to small business owners and entrepreneurs, Business Insurance Now has announced the arrival of their new blog providing customers with more than just quality business insurance products.

Allen, TX  -  February 21, 2008 -- Business Insurance Now has recently launched a new blog to provide small business owners and young entrepreneurs with knowledgeable information on improving their business. The company has quickly climbed to the top of their industry due to their complete commitment to the customer and their offerings of multi-faceted business insurance coverage.

Business Insurance Now has rapidly built their status as the insurance provider that not only supplies small businesses with quality insurance coverage, but also assists in their success as well. The company's recent launch of the "BIN Digest", a blog dedicated to helping small business owners and entrepreneurs, has changed the way information is provided for small business insurance providers across the country. Now, entrepreneurs have a one stop information source for all of their insurance needs and small business questions.

Exclusive information on improving small businesses from the "BIN Digest" as well as high quality insurance coverage can be viewed at www.BusinessInsuranceNow.com. The blog is updated on a regular basis and includes expert knowledge on topics such as financing small businesses, efficient small business software and tools, and other helpful business tips for developing a small business.

About Business Insurance Now:
Business Insurance Now is an Internet-based small business insurance provider that offers owners and entrepreneurs a quick and knowledgeable all-in-one shopping experience for liability and property insurance. They are proud to adhere to an ongoing pledge to their customers, while providing them with everything they need to create a successful small business.
Lately Business Insurance Now has maintained this commitment by giving even more back to their customers through their new blog the "BIN Digest". Now, not only do they provide outstanding small business insurance, but they also supply expert information on ways to advance a small business.

Further information about Business Insurance Now can be found at www.BusinessInsuranceNow.com.

Press Contact: James Cochran
Company Name: Business Insurance Now
Phone: (800) 668-7020
Website: www.businessinsurancenow.com

# posted by (hris @ 12:18 PM 0 Comments

SurModics Purchases Additional Facility to Expand Brookwood Pharmaceuticals' Development and Manufacturing Capacity

EDEN PRAIRIE, Minn.-- April 23, 2008 --SurModics, Inc. (Nasdaq: SRDX), a leading provider of surface modification and drug delivery technologies to the healthcare industry, announced today that its Brookwood Pharmaceuticals subsidiary, located in Birmingham, Alabama, has acquired an additional facility in the Birmingham area. This new facility will expand Brookwood's capacity for research and development activities and clinical manufacturing in support of customer projects. Additionally, the building will be SurModics' corporate center for commercial GMP manufacturing of drug delivery products for pharmaceutical and biotechnology customers.

"Customer interest in Brookwood Pharmaceuticals' drug delivery technologies and product development and manufacturing capabilities has never been stronger, as evidenced by the record revenue reported from Brookwood in the second quarter of fiscal 2008," said Bruce Barclay, president and CEO of SurModics. "The facility expansion we are announcing today is designed to support this growing interest in both R&D and manufacturing services at Brookwood, and serves to highlight the strength of our business and the optimism we have in its future. In addition, we plan to manufacture the late-stage clinical trial and commercial I-vationT TA Intravitreal Implant product for our customer Merck & Co., Inc. in this facility. With an anticipated total investment of approximately $30 million in the facility and associated renovation, we will be constructing a world-class facility to develop and manufacture drug delivery products to improve patient outcomes around the world."

"Our pharmaceutical and biotechnology customers work with Brookwood specifically because of our drug delivery technology and capabilities, as well as our commitment to manufacture clinical and commercial product on their behalf," noted Arthur J. Tipton, Ph.D., vice president of SurModics and president of Brookwood Pharmaceuticals. "When this expansion is complete, we will be fully equipped to help customers with product development and supply at every stage from early feasibility to production of marketed products. We have been evaluating various facility options over the past year, and have received tremendous support at the city, county and state levels. This particular building was selected because it will accommodate the manufacturing of large-scale pharmaceutical products needed by our customers. If customer projects continue to progress as expected and we maintain our execution against the business plan, Brookwood's employee population could reach roughly 300 over the next three to five years."

"This is great news for Alabama," said Governor of Alabama Bob Riley. "Alabama has been making great strides in the biotech and research industry. We are becoming one of the fastest growing areas in the country for biotech research. Brookwood's decision to expand here will help us to recruit some of the brightest researchers in the country to our state. In addition, Alabama already has in place a dedicated and well-trained workforce. We are pleased to be a part of this exciting new industry."

"We are delighted that Brookwood Pharmaceuticals will expand with a new production facility in our community. This is a great example of cooperation between the city, county and state in efforts to support Brookwood in their expansion," commented Bettye Fine Collins, president, Jefferson County Commission in Birmingham.

"I am excited with Brookwood's expansion in Jefferson County and elated at the cooperation of state, county, and city entities to produce this significant achievement. Brookwood's leading position in the polymer-based drug delivery industry is a definite asset to our community. The new jobs created by Brookwood will broaden the county's employment opportunities in the higher wage technology sector I have long advocated as vital to growth in Jefferson County," said Jim Carns, Jefferson County commissioner and chairman of the Committee of Economic Development in Birmingham.

"With the expansion of Brookwood Pharmaceuticals, the Oxmoor area becomes the city's high-tech corridor," said Larry Langford, mayor of Birmingham. "This gives us a major recruiting tool as we work with the University of Alabama at Birmingham to enhance our pharmaceutical research and manufacturing role. We are very pleased that Brookwood and SurModics chose Birmingham as an expansion site and we look forward to working with them for many years to come."

Brookwood was a subsidiary of Southern Research Institute until the acquisition by SurModics in July 2007. Jack Secrist, CEO of Southern Research said, "We are delighted that Brookwood is undertaking this important expansion. Additional facilities needs were an integral part of our discussions during the transaction and we are pleased to see SurModics making this major investment in our community."

The pre-existing facility, with both office and warehouse space, is located at 750 Lakeshore Parkway in Birmingham and is less than one-half mile from Brookwood's current headquarters. Build-out to support a number of existing programs is planned immediately. Additional expansion, as dictated by business growth over the next several years, will allow for eventual consolidation of all of Brookwood's operations into this facility. When completed, SurModics expects direct support from the state and local governments of several million dollars. In addition, the investments in the facility will qualify the Company for other tax incentives.

About SurModics, Inc.

SurModics, Inc. is a leading provider of surface modification and drug delivery technologies to the healthcare industry. SurModics partners with the world's foremost medical device, pharmaceutical and life science companies to develop and commercialize innovative products that result in improved patient outcomes. Core offerings include: drug delivery technologies (coatings, microparticles, and implants); surface modification coating technologies that impart lubricity, prohealing, and biocompatibility capabilities; and components for in vitro diagnostic test kits and specialized surfaces for cell culture and microarrays. Collaborative efforts include a sustained drug delivery system in human trials for treatment of retinal disease and the drug delivery polymer matrix on the first-to-market drug-eluting coronary stent. SurModics is headquartered in Eden Prairie, Minnesota and its Brookwood Pharmaceuticals subsidiary is located in Birmingham, Alabama. Brookwood is a product-focused drug-delivery company with technologies in long-acting parenteral formulations -- injectable microparticles and injectable solid implants -- for the delivery of peptides, small molecules, proteins, nucleic acids, and other biological macromolecules. For more information about the company, visit www.surmodics.com. The content of SurModics' website is not part of this release or part of any filings the company makes with the SEC.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements. Statements that are not historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and important factors could cause actual results to differ materially from those anticipated, including the following: (1) realizing the full potential benefits of the company's agreement with Merck requires the development of new products and applications of technology; (2) costs or difficulties relating to the integration of Brookwood Pharmaceuticals with SurModics' business may be greater than expected and may adversely affect the company's results of operations and financial condition; (3) difficulties in bringing our facilities into compliance with GMP or other applicable regulatory standards may adversely impact our ability to manufacture and supply products, or perform other services for our customers which may adversely affect the company's business, financial condition, and results of operations; (4) our reliance on third parties, developments in the regulatory environment, as well as market and economic conditions, may adversely affect our business operations and profitability; and (5) other factors identified under "Risk Factors" in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended September 30, 2007, and updated in our subsequent reports filed with the SEC. These reports are available in the Investors section of our website at www.surmodics.com and at the SEC website at www.sec.gov. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them in light of new information or future events.

Contacts

SurModics, Inc.
Maggie Knack, 952-829-2700
Director, Investor Relations

# posted by (hris @ 4:35 PM 0 Comments

Business credit services company Business-Tradlines.com comments on business owners seeking investment capital and corporate credit under FICO 08.

Little Rock, AR  -  April 15, 2008 -- Business-Tradlines.com, an online business credit services company, fears FICO 08 will not stop scammers from preying on businesses seeking investment capital. Corporate credit seekers will still face tradeline fraud, despite the good intentions of FICO 08, according to Business-Tradelines.com.
 
"What you should understand about scammers is they prey on desperation. And they are very creative, too. If it's not one form of scam, it's another," says Adam Stevens, Managing Director of Business-Tradelines.com.

The major challenge to small business owners is lack of credit history and thus, a low credit score, if any. This prevents them from taking out a loan or a line of credit. Corporate credit lenders typically only lend large amounts to businesses with good personal credit scores. Business-Tradelines.com offers a program that will allow small business owners to bypass the FICO credit scoring system and leverage business credit scores into maximum funding.

Scammers who purport to offer business tradelines often guarantee a business credit score of 80 almost instantly. Stevens says the key to knowing if a business tradeline is a scam is the sense of urgency presented on its Web site.

FICO 08, as an updated credit scoring system, completely disregards authorized user accounts in calculating credit scores, Stevens says. This slight adjustment in scoring is expected to affect millions of Americans who are banking on authorized user accounts to boost credit scores. Stevens fears FICO 08 might just give birth to a new form of scam.

"Aside from tradelines, the only other option for small businessmen is to personally guarantee the loans of their businesses. Now there is a growing awareness of how dangerous this is. We can really expect new business owners to seek out options other than personal loans and, as I said, scammers can be creative," Stevens said.

About Business-Tradelines.com
Business Tradelines helps take companies to the next level by providing the tradeline resources and business credit services necessary for business financing. New and existing business owners can learn about the next generation in corporate credit strategies by visiting http://business-tradelines.com/.

Press Contact: Adam Stevens
Company Name: Investor Technologies
Phone: 866-628-5187
Website: http://business-tradelines.com/

# posted by (hris @ 10:20 PM 0 Comments

Advantage Credit Counseling Service has been approved by the Executive Office of the United States Trustee to provide consumers in 47 states* with the required pre-discharge bankruptcy education course through the internet.**

Pittsburgh, PA  -  November 8 -- Advantage Credit Counseling Service has been approved by the Executive Office of the United States Trustee to provide consumers in 47 states* with the required pre-discharge bankruptcy education course through the internet.**

The Bankruptcy Reform Act of 2005 mandates that consumers complete financial counseling and education as part of the bankruptcy process. Once the counseling and education requirements are met, Advantage CCS is approved to issue certificates in compliance with the bankruptcy law to allow consumers to complete the bankruptcy filing process.

"Advantage looks forward to serving clients who are going through the bankruptcy process," Advantage CCS President and CEO Stephen Piotrowski said. "The approval to provide online bankruptcy education gives Advantage the ability to help many more individuals struggling to exit bankruptcy across the United States."

In 2006, Advantage CCS provided bankruptcy counseling and education to over 6,000 consumers.

Consumers can enroll in and complete their bankruptcy education requirements by logging on to www.advantageccs.org.

Advantage Credit Counseling Service, formerly known as Consumer Credit Counseling Service of Western Pennsylvania, is a non-profit 501(c)3 community agency that educates consumers about wise money management and the responsible use of credit.

Since 1968, Advantage has provided help and hope to thousands of consumers who have been debilitated by enormous financial worries. The experienced counselors at Advantage provide confidential budget and debt management counseling.

Advantage is accredited by the Council on Accreditation (COA) and is a member of the Better Business Bureau. Advantage is also a member of the National Foundation for Credit Counseling (NFCC), the umbrella association for over 115 credit counseling agencies nation-wide that promotes the highest member standards for credit counseling.

*Advantage CCS is not approved to provide the internet bankruptcy education course in Alabama, North Carolina and Oregon.
**Approval does not endorse or assure the quality of an agency's services.

Contact:
Kristen Garrett, Public Relations Coordinator
(412) 390-1300 x 107

Press Contact: Kristen Garrett
Company Name: Advantage Credit Counseling Service
Phone: 412-390-1300
Website: www.advantageccs.org

# posted by (hris @ 12:12 PM 0 Comments

The holiday season is almost here and many retailers find themselves low on cash to purchase needed inventory. Since the holiday season can be as much as 40% of a merchants yearly sales, this can pose a major financial problem. An exceptional solution to this potential problem is a credit card factoring advance.

Las Vegas, NV - October 5 -- The holiday season is almost here and many retailers find themselves low on cash to purchase needed inventory. Since the holiday season can be as much as 40% of a merchant's yearly sales, this can pose a major financial problem. An exceptional solution to this potential problem is a credit card factoring advance.

"This product is very unique," said Daniel Ollman, President of Crown Financial Services, Inc. "It's a purchase of an asset, not a loan, so we have to use specific language consistent with a purchase of an asset, like retrieval rate and discount rate instead of interest rate. A lot like traditional factoring but it's of a sale that hasn't yet happened."

A credit card factoring advance provider gives merchants a lump sum of cash now. In exchange, merchants agree to pay back the principal and fee, by giving the company an agreed percentage of their credit card sales until their balance is zero. This percentage is usually between 12%-24%. The payback time-frame is only 5-12 months.

Merchants generally must use the providers' credit card processor because the advance is paid back automatically as a percentage of each batch's proceeds. A small number of credit card factoring advance companies do not require the merchant to change credit card processors. So if this would be a problem, make sure to ask the credit card factoring company you are thinking about working with.

"A credit card factoring advance is very different from traditional funding programs," said Daniel Ollman, President of Crown Financial Services, Inc. "In essence, we purchase a small percentage of future MasterCard and Visa revenues, and the merchant repays this as a daily percentage of those revenues."

Getting cash from banks can be difficult for some businesses, particularly retail, restaurant, franchisees or seasonal businesses. These merchants most heavily use credit card processing, so a credit card factoring advance program offers a number of benefits.

Merchants Like It
"The cash is usually available more quickly than it is with traditional loans said Ollman. These programs appeal especially to retail and restaurant merchants not only because these types of businesses can rarely get traditional funding, but also because of the immediate liquidity". Most cash advance providers advertise that the cash can be available in about 7-10 days.

How Providers Make Money
According to Ollman, financing charges can vary widely, not just from one provider to another, but from one advance to another. The finance charge is determined by underwriting which takes into consideration the industry type, amount of advance and the length of time to repay the advance as well as other factors. "As an example, the range of financing on a $10,000 advance could be as low as $2,000 or as high as $4,000. That's a 50% difference," he said.

"The merchants interested in a program like this may have a hazy or troubled credit history. They'll have things like past tax issues, delinquencies, collection matters, liens or judgments that would be an automatic red flag for a conventional bank." The credit card factoring industry caters to businesses that can't get traditional funding.

"The provider of the cash advance takes all of the risk," Ollman said. "The risk is high, but since it is paid out of projected future sales, it is typically a risk worth taking."

Seasonal businesses that need cash to carry them through lean seasons or merchants who have an unexpected downturn in business (say because of road construction, building repairs or extended illness) might find a need for a cash advance until business picks up again. However, credit card factoring advance companies say that ailing businesses are not the only merchants interested in this kind of program.

Many types of businesses are often underserved by banks. "Take for example a restaurant," Ollman said. "It could be a very successful business, but a traditional bank wants to see tangible assets. Perishable foods or used restaurant equipment just won't make the cut, even if that restaurant is packed every night."

There are many examples of times when owners of healthy small businesses could use cash to help build their businesses but can't get the traditional funding necessary. These include franchisees who have exhausted their savings to purchase their first franchise and want to open a second one; merchants whose competitors have closed and have the chance to buy their competitor's old inventory or move into a new location; expansions; buyouts; or simply the desire to move quickly on a perceived new opportunity. Often a credit card factoring advance is the only quick way to receive needed capital.


Press Contact: Daniel Ollman
Company Name: Crown Financial Services, Inc.
Phone: 702-367-3281
Website: http://www.crownfinancialservices.net

# posted by (hris @ 12:12 AM 0 Comments

The State of Nevada has made a change in the privacy rules. State of Nevada still powerful in its pro-business stance. Those who have relied on bearer shares or other means to protect privacy may need to review corporate structure.

July 7, 2007 -- Bowing to pressure from several courts, the IRS and other governmental agencies, the State of Nevada has announced that it will enact certain reforms that will balance its pro-business stance while curbing alleged abuse by suspected individuals and firms who have misused Nevada laws in order to hide assets and identities.

Scott Letourneau, CEO of Nevada Corporate Planners, nationally known expert on how to incorporate in Nevada as well across the country, has written and spoken often about the misapplication of Nevada law by those touting bearer shares and use of nominees to hide identities.

Quoting Letourneau from a recent seminar for entrepreneurs, "When it comes to protecting your hard earned assets you want every advantage possible." Letourneau also agrees with the Nevada Secretary of State in that it appears promises are often made to those who incorporate in the State of Nevada that there is a level of privacy for the owners of a corporation or LLC that will help them in case of a lawsuit and that if they get sued no one will find out who the owner of the corporation or LLC may be. While touted as a means to prevent them from being the target of frivolous lawsuits, there have been cases of fraudulent acts by the incorporators as well as the companies.

Based on his knowledge and experience, Mr. Letourneau has found that the challenge in the creation of rock solid asset protection plan should not rely solely on the illusory promise of privacy through the use of Bearer shares (which don't work) and nominees (which work to a certain degree). Rather, to quote Mr. Letourneau, 'If the whole plan is designed to prevent the discovery of your assets to fend off a lawsuit and the corporation or LLC lacks substance; there are no employees anywhere; and no business license, the plan is doomed to fail'. In short, there is no asset protection.

Due to the abuses, Nevada is banning the use of the bearer shares and taking other remedial action, all of which are aimed at reducing the fraudulent actions but maintaining the State of Nevada's Pro-Business stance. However, Nevada is still powerful in the protection of the corporate veil. Those who have relied on a scheme like bearer shares or other disallowed actions for privacy should investigate what changes are necessary under the new Nevada laws. To learn more about these changes or to find other valuable information, visit Nevada Corporate Planner's website at www.nvinc.com/research

If you would like more information about this topic, or to schedule an interview with Scott Letourneau, please call JoAnn Gould at 702-367-7373.

Press Contact: Scott Letourneau
Company Name: Nevada Corporate Planners
Phone: 702-367-7373
Website: www.nvinc.com

# posted by (hris @ 12:12 AM 0 Comments

Creditntell's weekly newsletter, Retail News & Views, featured an editorial this past Tuesday entitled ''The Booming Business of Bankruptcy'' that draws a strong correlation between the fallout of the 80's LBO's to today's highly leveraged retailers facing higher administrative costs, rising energy expenses, declining sales and increasing interest rates.

April 17, 2008 -- Everywhere you look another highly respected publication is painting the future outlook for most retail segments as gloomy. As recently as April 15th The New York Times ran a front page story suggesting the year ahead will be difficult at best and disastrous at worst for any retailer that depends on the level of consumer discretionary income not taking a hit.

Information Clearinghouse, Inc. (d.b.a. F&D Reports and Creditntell.com) has been evaluating and anticipating the future prospects of all the key retail players in seventeen separate and distinct sectors since 1993. The company's three senior executives collectively present over 100 years of relevant financial and bankruptcy expertise that provides insights not available anywhere else. Chief Executive Officer, Lawrence Sarf, alone has 40 years of practical hands-on retail experience in disciplines ranging from operations & marketing to finance. He has been recognized by the Southern District of New York Federal Bankruptcy Court as an Expert which has enabled him to serve in a consultative capacity in over 1,000 insolvency proceedings. In a recent interview when asked about the current economic environment, Mr. Sarf commented: "Everything is cyclical and we are well into a period where the weaker players will be headed to the courthouse and attempting to reorganize under Chapter 11. The changes to the Bankruptcy laws in 2005 has made reorganization much more difficult, consequently there are many troubled retailers that have been holding on much longer than they would have had they had access to the older much more debtor friendly laws. They simply can not delay the inevitable much longer."

Creditntell's weekly newsletter, Retail News & Views, featured an editorial this past Tuesday entitled ''The Booming Business of Bankruptcy'' that draws a strong correlation between the fallout of the 80's LBO's to today's highly leveraged retailers facing higher administrative costs, rising energy expenses, declining sales and increasing interest rates ... a perfect storm that will make the navigation to calmer seas a yeoman's task, many will sink. Recent retail bankruptcies referred to in the editorial include: Sharper Image, Corp., Buffets Holdings, Inc., and The Wornick Company.

Other names-in-the-news where we have recently prepared comprehensive analyses are Linens 'N Things, Bon Ton, Macy's, Dick's Sporting Goods, Circuit City, Foot Locker, Rite Aid, Winn Dixie, Duane Reade, Dollar General, and Sears, which not only take a look back at what has happened but also provide a look forward indicating what hurdles must be cleared in order to succeed.

The next year or two will be tumultuous and the astute financial executive or investor will be well served to follow the advice of time-proven industry experts.

For additional information visit:

www.creditntell.com
www.fdreports.com


Press Contact: Dennis Cantalupo
Company Name: Information Clearinghouse, Inc.
Phone: 1-800-789-0123 +110
Website: www.creditntell.com

# posted by (hris @ 12:09 AM 0 Comments

Corporate Strategies to Discuss Goldman Sachs, Merrill Lynch, UBS, JPMorgan Chase and Other Investment Banks in Auction Rate Securities Probe on Friday, April 11, 2008 at 9:00-11:00 a.m. ET.

Auction Rate Securities Sales Practices to be Investigated by SEC, FINRA

HOUSTON, April 10 -- The Financial Times has reported that, "Regulators have asked Goldman Sachs, Merrill Lynch, UBS, JPMorgan Chase and other Wall Street banks to provide information on how they sold auction rate securities as part of an informal probe into the beleaguered market for the short-term bonds. The industry-wide action by the Securities and Exchange Commission and Financial Industry Regulatory Authority underlines the watchdogs' concerns at the sudden seizing up of trading in securities that were once considered almost as safe as cash. The recent failure of hundreds of auctions has left investors such as local governments, student loan agencies and individuals unable to sell or refinance the securities." If you are an investor and cannot sell your securities, call "Corporate Strategies with Tim Connolly" live and toll free at 800-336-2225 and tell us your experience relating to auction rate securities or email us at news@corporate-strategies.net.

Previous guests of the show have included CNBC "Mad Money" Host Jim Cramer, U.S. Senator John McCain, former SEC Chairman Arthur Levitt, Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's CEO Tilman Fertitta, Mario Gabelli, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others. Natural Nutrition, Inc. (OTC Bulletin Board: NTNI) (http://www.naturalnutritioninc.com) and Corporate Strategies Merchant Bankers are the lead sponsors of the Corporate Strategies Radio Show, (http://www.corporate-strategies.net).

Corporate Strategies may be heard on over 400 affiliate stations nationwide listed at CRN1 http://www.cableradionetwork.com, or on the Internet at http://www.corporate-strategies.net/radio. This hour of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (http://www.corporate-strategies.net). Noted Economist Mike King of Princeton Research provides live technical analysis for the show, and futures trader Oscar Carbone is a frequent commentator.

"Corporate Strategies with Tim Connolly" is live talk radio ... with the Titans of Business who move financial markets! The show is hosted by Tim Connolly, CEO of Merchant Banker Corporate Strategies, Inc. The Executive Producer of the show is broadcast news veteran Jan Carson, an award winning journalist with more than 20 years experience as a top rated television news anchor and reporter for NBC, ABC and CBS network affiliates. "Corporate Strategies with Tim Connolly" features financial experts from across the nation providing the latest intelligence on equities, income investments, and a variety of risk, equity and option strategies.


SOURCE Corporate Strategies, Inc.

Labels: bonds, finance, investments

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