checkAd

    PRVH(935160) Der NEWS-Thread - 500 Beiträge pro Seite

    eröffnet am 02.07.04 11:42:10 von
    neuester Beitrag 22.12.05 18:37:59 von
    Beiträge: 157
    ID: 876.443
    Aufrufe heute: 0
    Gesamt: 19.155
    Aktive User: 0


     Durchsuchen

    Begriffe und/oder Benutzer

     

    Top-Postings

     Ja Nein
      Avatar
      schrieb am 02.07.04 11:42:10
      Beitrag Nr. 1 ()
      In diesem Thread bitte nicht posten,
      nur News und den Link dazu einstellen.
      Bei SEC-Filings nur den Link, ohne Kopie des Filings,
      angeben.

      Gruß
      AK
      Avatar
      schrieb am 02.07.04 11:47:42
      Beitrag Nr. 2 ()
      FOUNTAIN VALLEY, Calif., May 12, 2004 (BUSINESS WIRE) --
      Providential Holdings, Inc. (OTCBB:PRVH)(Berlin: PR7, WKN 935160), www.phiglobal.com, today announced that its wholly-owned subsidiary Providential Capital has assisted Entec Software, Inc., a Delaware corporation, to successfully consummate a merger plan with
      Creative Vistas, Inc., a fully-reporting publicly-traded company on the Over-the-Counter Bulletin Board. The transaction is scheduled to close on May 21, 2004 or shortly thereafter.

      Providential anticipates owning approximately 13% equity stake in the combined company after the closing and will continue to assist its new management with respect to further merger and acquisition activities, corporate governance, strategic planning, and business development.

      Henry Fahman, Chairman and CEO of Providential Holdings, stated: `We are glad to have assisted Entec Software in reaching an important milestone for its growth plan. We strongly believe that Entec, as a new public company, will be well-positioned to execute its business strategy and generate significant value for shareholders of both Entec and Providential in the very near future.`

      Further information about Entec Software can be found at www.entecsoftware.com.

      http://www.stockhouse.com/news/news.asp?newsid=2289373&tick=
      Avatar
      schrieb am 02.07.04 11:49:04
      Beitrag Nr. 3 ()
      Providential Holdings to Acquire a Major Steel Company in China
      6/3/04


      FOUNTAIN VALLEY, CA, Jun. 03, 2004 (MARKET WIRE via COMTEX) --
      Providential Holdings, Inc. (OTC BB: PRVH); (Berlin Stock Exchange: PR7, WKN 935160); (www.phiglobal.com) today announced that it has reached a memorandum of understanding to acquire and restructure Hefei Iron &Steel Group Company, Ltd, Hefei, Anhui Prov
      ince, China.

      Hefei Iron &Steel Group founded in 1958 and reorganized in 1998 with a registered capital of $140,000,000. In 2003, its revenue was $257,000,000 and gross profit of $36,125,000. From Jan 1, 2004 - Apr 30, 2004, its revenue was $105,000,000 and gross profit was $11,375,000. Its current steel making capacity is 1,400,000 metric tons per year. Providential intends to lead a consortium to invest into HISG to upgrade its equipment and boost its capacity to 2,000,000 metric tons per year.

      According to the memorandum, both parties have agreed on ten major guidelines leading to a definitive agreement for the transaction, subject to further due diligence review, the approval of shareholders and the board of directors of both companies and appropriate regulatory agencies.

      Henry Fahman, Chairman and CEO of Providential Holdings, commented, `China is now the world`s leading steel producer in terms of tonnage. Its booming construction, automotive and ship building industries all need steel. With adequate investments into HISG, we will be able to upgrade its equipment to make more value added steel products, such as high strength rolled steel for making cars and other specialty steel. We believe this transaction once consummated will bring tremendous value to our shareholders.`


      http://www.stockhouse.com/news/news.asp?newsid=2318065&tick=
      Avatar
      schrieb am 02.07.04 11:50:04
      Beitrag Nr. 4 ()
      Providential Holdings to Report Important Transactions
      6/13/04


      FOUNTAIN VALLEY, CA, Jun. 13, 2004 (MARKET WIRE via COMTEX) --
      Providential Holdings, Inc. (OTC BB: PRVH) (Berlin Stock Exchange: PR7, WKN 935160; www.phiglobal.com) today announced that it is preparing to report important transactions and developments in the coming weeks, which are expected to positively affect the Company`s performance both in the near term and the long term.

      The Company`s recent business delegation, led by Henry Fahman, together with Keith Wong, Norm Klein, Larry Fogel, a representative from the Department of Commerce of Arizona, and several industry experts, to China has produced significant results. The Company plans to issue individual press releases in the coming weeks to report the details of these transactions and developments relating to the acquisition of several target companies in the People`s Republic of China.

      These transactions are in addition to the memorandum of understanding for the acquisition of a steel company already announced. We are in the process of negotiating more acquisitions and joint ventures of substantial size. They are expected to be announced when finalized in early July. All of these transactions are expected to positively affect the Company`s financial performance in significant ways both in the near term and the long term.

      Henry Fahman, Chairman and CEO of Providential Holdings, commented, "We are very pleased with our recent delegation`s accomplishments regarding the acquisition projects in China. Since her economic reform in 1978, China has experienced a stunning transformation and become the world`s third-largest economy when adjusted for purchasing power. China offers a remarkable window of opportunity for us. As all our Chinese partner companies already have solid fundamentals, strong revenues and profit streams, they are ready to expand overseas. We will assist them in expanding into sales channels outside of China and to facilitate their access to Western capital markets. Together, we create more value for both companies` shareholders. In the coming weeks we will issue separate announcements for each transaction as it is consummated to clearly show its potential financial ramifications and positive impact on Providential`s profitability."


      http://www.stockhouse.com/news/news.asp?newsid=2329275&tick=
      Avatar
      schrieb am 02.07.04 11:51:15
      Beitrag Nr. 5 ()
      Providential Holdings to Distribute Share Dividends From Subsidiary
      6/17/04


      FOUNTAIN VALLEY, CA, Jun. 17, 2004 (MARKET WIRE via COMTEX) --
      Providential Holdings, Inc. (OTC BB: PRVH); Berlin Stock Exchange: PR7, WKN 935160; (www.phiglobal.com) today announced that it is now ready to distribute 20,000,000 shares of ATC Technology Corp`s common stock as a special dividend to all the PRVH shareholders of record as of December 31, 2003, on a pro-rata basis.

      It is estimated that PRVH shareholders of record as of December 31, 2003 will receive one ATC share as dividend for every five PRVH shares held. All eligible shareholders will receive confirmation of the exact amount of dividend shares in the next few weeks.

      Currently the core business of ATC Technology Corp is mobile video electronics. Its main customers are the retailers in the US. The management is currently in negotiations with a couple acquisition candidates to augment or complement ATC`s core business before the spin-off to create additional value for the shareholders. The final decision will be made public in a matter of days.

      Following the dividend payout, ATC will file a registration statement with the Securities and Exchange Commission to become a fully reporting public company. The dividend shares will be free trading when the SEC completes its review process and declares the registration effective. As a result of the payout, PRVH as the Company will own 80,000,000 shares and PRVH shareholders will own 20,000,000 shares of the ATC`s outstanding common stock at the time of the dividend distribution.

      The Company plans to distribute additional share dividends from its other subsidiaries and will announce the record dates for those distributions in the near future.

      http://www.stockhouse.com/news/news.asp?newsid=2335028&tick=

      Trading Spotlight

      Anzeige
      Nurexone Biologic
      0,3680EUR +2,79 %
      “BlueChip”-Boost für NurExone!mehr zur Aktie »
      Avatar
      schrieb am 02.07.04 11:52:41
      Beitrag Nr. 6 ()
      Providential Holdings` Subsidiary Touchlink Communications Launches Competitive Long Distance Service
      6/22/04


      FOUNTAIN VALLEY, CA, Jun. 22, 2004 (MARKET WIRE via COMTEX) --
      Touchlink Communications (www.touchlinkcom.com), a subsidiary of Providential Holdings, Inc. (OTC BB: PRVH) (Berlin: PR7, WKN 935160), www.phiglobal.com, today announced the official launching of its feature-rich and low cost long distance service that p
      rovides users the lowest rates per minute and simplest billing plan.

      Within the first half hour of our advertisement, Touchlink`s central call center received a myriad of customer calls from all over the country. Seventy percent of those who called signed up for a prepaid calling plan instantly. The customers also expressed excitement with Touchlink`s simple billing plan versus the industry`s current complex billing maze.

      Users can visit the Company`s web site at www.touchlinkcom.com or call (866) 409-2400 or (866) 745-3759 to sign up for Touchlink`s service.

      "Touchlink enhanced long distance service is an exciting technology that can transform the way people communicate and today it`s getting even cheaper," said Joseph Mai, CEO of Touchlink Communications. "Our business vision is to deliver products and services that provide value and make the customer`s life easier."

      "Today, consumers have to make a prudent choice of companies when they select a long distance service provider," said Charles Tran, President of Touchlink Communications. "With Touchlink, they`ll be able to get the lowest rates on long distance service. Once they register either their work, home or even mobile phone numbers, they can make calls without entering any PIN and conveniently manage their billing online via our web site at www.touchlinkcom.com."

      http://www.stockhouse.com/news/news.asp?newsid=2339931&tick=
      Avatar
      schrieb am 02.07.04 11:53:50
      Beitrag Nr. 7 ()
      Providential Holdings Completes Acquisition of Major Steel Tool Manufacturer
      6/30/04


      FOUNTAIN VALLEY, CA, Jun. 30, 2004 (MARKET WIRE via COMTEX) --
      Providential Holdings, Inc. (OTC BB: PRVH) (Berlin Stock Exchange: PR7, WKN 935160) (www.phiglobal.com) today announced that it has officially closed the transaction to acquire a 60% ownership stake in Tangshan Yutian Saw Corporation (TYSC), www.ytsawblades.com (English) and www.ytsaw.com (Chinese), a leading Chinese manufacturer of circular steel saw blades.

      Providential Holdings now owns 60% of the common stock of Tangshan Yutian Saw Corporation in exchange for a $45 million non-interest bearing note, due six months after the closing date. If any payment of principal is not made on time, interest shall accrue at a rate equal to five percent (5%) per annum on the balance until paid in full or unless the maturity date is further extended by mutual consent of both parties.

      According to the terms of the transaction, Providential will be responsible for taking TYSC public in the US and Europe within nine months following the closing of the transaction. In addition, Providential will assist TYSC to market its products outside of China and access the Western capital markets to support TYSC`s further growth.

      At a conservative estimate of $97,720,000 in revenues and $22,330,000 in net profits for Fiscal Year 2004, based on year-to-date performance, and the current Price-Earnings ratio of 17.8 for the Appliance and Tool industry, TYSC`s market capitalization is expected to surpass $395,000,000 as a publicly-traded company, or equivalent to almost $20 per share with 20 million shares to be issued and outstanding.

      Henry Fahman, Chairman and CEO of Providential Holdings, commented, "The closing of this transaction marks a major milestone in our ability to execute our business plan and create significant value. As part of our strategy, we will continue to acquire and consolidate undervalued opportunities in various high-growth industries to further increase value for our shareholders as well as our target business partners. We expect to announce other imminent transactions regarding our mergers and acquisitions activities in the near future. We also plan to list our shares on the NASDAQ or a major exchange as soon as it is feasible and will be taking big and bold steps to achieve these goals."

      About TYSC:

      TYSC is Asia`s largest steel rotary saw blade manufacturer. Its products range from the household saw blades to those industrial blades measuring more than six-feet in diameter and costing thousands of dollars. These larger blades, hardened alloyed or diamond tipped, are used to cut concrete blocks, canal channels, trenches, metal bars, plates, timber, furniture wood and rocks. TYSC currently employs more than 600 workers and its fixed assets include land, buildings, and machine tools from Japan, Germany and USA. Its mega-watt carbon dioxide lasers cut and anneal industrial saw blades in round-the-clock production runs. The company occupies a land of about 28 acres with a production area of about 800,000 square feet in Hebei, China, about 100 miles from Beijing, the capital.

      At the current exchange rate of 8.2766 Chinese Yuan per US dollar, TYSC`s revenues and net profits were $81,584,225 and $17,937,317 for the year ended 2003, as compared to $68,264,745 and $14,377,685 for the year ended 2002, respectively. While revenues grew 19.51% from 2002 to 2003, net profits grew 24.76% during the same period. For the first five months of 2004, revenues were $40,717,200 and net profits were $9,303,335, an equivalent of $97,721,286 and $22,328,000, respectively, on an annualized basis for 2004.

      URL`s: www.ytsawblades.com (English) and www.ytsaw.com (Chinese)


      http://www.stockhouse.com/news/news.asp?newsid=2350115&tick=
      Avatar
      schrieb am 02.07.04 12:01:21
      Beitrag Nr. 8 ()
      01.07.2004 14:14
      FFN empfehlen Providential Holdings mit " Strong Buy"


      Das US-amerikanische Unternehmen Providential Holding wurde bislang von Aktienanalysten sehr unterschiedlich bewertet. Das breitgefächerte Spektrum reicht von unkritisch positiven Analysen bis hin zum Totalverriss.

      Die FFN-Analysten haben den Geschäftsführer Henry D. Fahman unvoreingenommen in einem Exklusiv-Interview mit der im Raum stehenden Skepsis und den Vorwürfen unter anderem zum fallengelassenen Brokergeschäft konfrontiert, um sich ein eigenes Bild zu machen und ihm die Gelegenheit zu geben, Stellung zu beziehen. Den in dem Interview angesprochenen Vorgängen in der Firmengeschichte und im ehemaligen Börsenmaklergeschäft wusste der behende Unternehmenslenker, gelassen und überzeugend, mit Hinweis auf die damals generell sehr schwierig gewordene Lage für Brokerhäuser, entgegenzutreten. Seit dem Jahr 2000 ist Providential, nach einer völligen Umorientierung und Neustrukturierung, im Beteiligungs- bzw. Beratungsgeschäft aktiv.

      Betätigungsfelder in verschiedensten Branchen

      Die Unternehmenstöchter von Providential Holdings Incorporation - kurz PHI - sind in den verschiedensten Branchen tätig, bis vor kurzem meist mit technologischem Schwerpunkt. Das breit gefächerte Betätigungsfeld der Beteiligungen geht von der Produktion und dem Vertrieb spezieller Unterhaltungselektronik bis, neuerdings, hin zur Fort- und Weiterbildung für Mediziner. Aber der allerneueste Coup von PHI ist die Investition in die chinesischen Großunternehmen Yutian Saw Corporation und Hefei Iron & Steel Group. Mit einem Paukenschlag hat sich PHI damit zurückgemeldet. Kurz zuvor waren die Anleger noch durch die Expansionskosten bedingten enttäuschenden ersten Quartalszahlen dieses Jahres verunsichert. PHI gehören strategische Beteiligungen an folgenden Tochterunternehmen:

      C Technology Corporation in Arizona ist ein Hersteller von mobiler Unterhaltungselektronik, zu denen Vidego und Gamego zählen. PHI legt Wert auf das Design und ist der Auffassung das Video- und Spielegerät als kostengünstigstes Unterhaltungsprodukt in Automobilen dienen.

      ClearPass integriert biometrische Sicherheits- und Zugangssysteme wie Fingerabdrucksoftware, Peripherie und Sensoren. Es soll die Personensicherheit gewährleistet werden, um den sicheren Zugang zu elektronischen Informationen und physisch existierenden Einrichtungen zu ermöglichen.

      Hefei Iron & Steel Group ist ein ehemals staatliches Unternehmen mit über 15.000 Mitarbeitern, auf das wohl einige Umstrukturierungen warten. Im Jahr 2003 strich Hefei mit der Stahlproduktion 36 Mio. USD Gewinne ein, bei 257 Mio. USD Umsatz. Es wurde zunächst eine Absichtserklärung für eine für eine Mehrheitsbeteiligung unterzeichnet.

      Irvine College of Medical Sciences ist die neueste Erwerbung von PHI. Irvine College ist in der Fort- und Weiterbildung im medizinischen Bereich aktiv.

      Lexor Holdings Inc. ist in Florida beheimatet. Das Tochterunternehmen Lexor Inc. in Maryland operiert seit 1993 und hat sich auf die Herstellung und die Distribution von hochwertigen Pediküre-Produkten spezialisiert.

      Nettel Holdings Inc. ist eine Holding-Gesellschaft mit Tochterunternehmen in verschiedenen Geschäftsbereichen, hauptsächlich jedoch in den Bereichen Telekommunikation und Software. Die Tochterunternehmen sind Nettel Telecom International, VoipXchange.net und EnTec Software. Zusätzlich operiert die Tochter Nettel Trading im Handel mit Metallen, chemischen Produkten und anderen Gütern.

      Provimex importiert, exportiert und vertreibt Industrie- und Konsumgüter in den USA und im Ausland.

      Providential Capital (ProCap) ist eine 100%-ige Tochterunternehmung für Dienstleistungen in den Bereichen Merger & Acquisitions und Investment Banking für Kleinunternehmen und führt die M&A Aktivitäten von PH.

      Touchlink Communications spezialisiert sich auf Point-of-Sale-Terminals (POS) und Prepaid Telefonkarten für ein sehr großes Netzwerk an Einzelhändlern, Spezialketten und Non-Profit-Organisationen. Die POS-Systeme ermöglichen dem Händler und dessen Partnern das Angebot an Prepaid-Produkten ohne die Notwendigkeit eines vorherigen Einkaufes oder der Lagerung eines Bestandes.

      Yutian Saw Corporation ist ein führender chinesischer Hersteller von Sägeblättern für Kreissägen, der von dem derzeitigen Bauboom in China profitiert. PHI ist unter anderem bei der Eroberung neuer Märkte außerhalb Chinas behilflich.

      Börsengänge im Visier Die Beteiligungen werden von der Muttergesellschaft PHI beraten, insbesondere auch in Fragen des Börsenganges. PHI ist dabei kontinuierlich darum bemüht, die Beratungsleistungen aller Mitarbeiter durch Kontakte zu Universitäten zu verbessern. Der Vorstandsvorsitzende Fahman ist hierbei in bemerkenswerter Weise die treibende Kraft und erweitert sein persönliches Wissen ständig mit Weiterbildungsprogrammen für Führungskräfte. Zwei der Tochterunternehmen an denen PHI mit jeweils unter 15 % beteiligt ist, sind börsengelistete Aktienunternehmen. Grundsätzlich scheint PHI ansonsten vollständige Eigentümerschaft oder Mehrheitsaktionärsposition anzustreben, wie der unten stehenden Tabelle zu entnehmen ist.

      Beteiligungen vor allem an Aktienunternehmen erhöhen buchhalterische Vermögenswerte

      Sowohl von Lexor als auch von Nettel erhielt PHI Aktienanteile in Millionenhöhe für Beratungsleistungen im Bereich Merger & Aquisition. Von Lexor hat PHI einen Unternehmensanteil im damaligen Wert von 4,4 Mio USD erhalten. Nettel hat PHI mit Aktienanteilen in der Höhe von 1,1 Mio. USD honoriert. Diese erheblichen Summen für Beratungsleistungen eröffnen zudem eine völlig neue Sichtweise auf das Unternehmen PHI. Anstatt von einer Beteiligungsgesellschaft kann oder sollte sogar damit von einer Beratungsgesellschaft gesprochen werden. Seit Mitte 2003 (Geschäftsjahr beginnt am 1. Juli) hat sich das aus der Bilanz ersichtliche Vermögen durch die " marketable securities" schlagartig auf über 7,3 Mio. USD erhöht (siehe Tabelle), welches sich mit steigendem Aktienkurs, der jeweils an der Börse gelisteten Tochterunternehmen, bei entsprechender Kursentwicklung weiter erhöht. PHI weist zwar noch ein negatives Eigenkapital aus, aber soll " sehr bald" mit einem positiven Eigenkapital aufwarten können. Insbesondere die Akquisitionen in China werden auch nach Ansicht der Analysten dazu beitragen.

      Es ist als positiv, für die weitere Entwicklung des Aktienkurses, zu bewerten, dass Fahman mit neuer Anstrengung an weiteren Akquisitionen und deren Vermittlung an die Investoren arbeitet. Gemessen an dem gemischten Bild, das PHI offenkundig bisher abgab, war die Investor Relations Arbeit des Unternehmens nicht allzu erfolgreich. Exakt dies jedoch deutet darauf hin, dass PHI unterbewertet ist. PHI steht aufgrund der Vermögenswerte all seiner Tochterunternehmen vermutlich bedeutend besser da, als es vereinzelt beschrieben wird. Zwei der Tochterunternehmen sind immerhin seit dem Jahr 2003 börsennotiert. Börsengänge der Tochterunternehmen sollen folgen. Damit einher gehend wird sich auch die Transparenz bei den Tochterunternehmen erhöhen. Deren Akzeptanz bei den Investoren wird ganz entscheidend den Erfolg von PHI beeinflussen.

      Neuer Fokus auf China beflügelt Fanatasie

      Dem Konzept der Holding, der Zusammenfassung verschiedenster Geschäftsmodelle in ein gebündeltes Portfolio, können wir aus Aktienanlegersicht normalerweise generell nicht allzu viel abgewinnen. Es handelt sich, wie im speziellen Fall von PHI um laterale Diversifikationen, also um Geschäftseinheiten, die voneinander völlig unabhängig sind und die Unterschiedlichkeit der Tochterunternehmen einzig der Risikostreuung dient. Selten wird ein möglicher Anteilseigner in gleichem Maße ohne Ausnahme von allen einzelnen Tochterunternehmen so überzeugt sein, wie das Management. Die noch lückenhaften Informationen zu den nicht an der Börse notierten Tochterunternehmen erschweren zudem eine Bewertung von PHI.

      Erst auf den zweiten Blick erschließt sich jedoch, dass es sich bei PHI im besonderen Maße um eine Beratungsgesellschaft handelt. Am Ende jeder Akquisition steht potenziell ein Börsengang, für das PHI seine Tochterunternehmen fit machen will. Vor allem der neuerdings gesetzte Schwerpunkt in China beflügelt, verbunden mit der asiatischen Biografie des Vorstandsvorsitzenden Fahman, die Fantasie in diesem Wert. Die jüngsten Expansionspläne lassen Aktienanleger die nächsten Wochen gespannt auf die weiteren für Juli angekündigten Pressemitteilungen blicken. Wir rechnen nicht damit, dass die Aktie noch einmal viel günstiger zu erhalten sein wird, als für die heutigen 0,15 Euro und stufen PHI ein auf " Strong Buy" . Wie immer bei derart marktengen Werten sind strenge Limits zu einzuhalten.

      http://www.aktiencheck.de/Analysen/default_an.asp?sub=4&page…
      Avatar
      schrieb am 02.07.04 12:03:47
      Beitrag Nr. 9 ()
      Interview von Henry Fahman vom 1.7.2004

      http://www.frankfurterfinance.de/archiv/2004/providential-ho…
      Avatar
      schrieb am 03.07.04 17:28:01
      Beitrag Nr. 10 ()
      http://www.wallstreetreporter.com/profiles/ProvidentialHoldi… Das Interview in U.S. ;)
      Somit dürften bis Dienstag auch die Amerikaner bescheid wissen!
      Avatar
      schrieb am 06.07.04 08:08:49
      Beitrag Nr. 11 ()
      :D

      Providential Holdings Rated `Speculative Buy/4` By Investrend AnalystSharifzadeh, CFA

      Jul 6, 2004 (financialwire.net via COMTEX) -- (FinancialWire) (Investrend Research Syndicate) Providential Holdings (OTCBB: PRVH) is maintained at a " Speculative Buy/4" rating in a Research Update issued by Mohammad Sharifzadeh, MBA, CFA, although the analyst said the company and its subsidiaries " have been aggressively continuing their endeavors to improve business and enhance potentials for future profitability."

      " For the quarter ended March 31, 2004 total revenues were $2.1 million as compared to $9,784 for the similar quarter in 2003. The major portion of current quarter`s revenue, about $1.99 million, was due to sales and tuitions generated by the subsidiaries," said the analyst, noting that " the company`s consolidated financials are expected to improve dramatically as a result of the closing of the Tangshan Yutian Saw Corporation."

      Providential Holdings acquired 60% of the company, sufficient to enable Providential Holdings to recognize its revenues and profits, which the company said was $81,584,225 and $17,937,317, respectively, in 2003, representing a 19.51% revenue growth and 24.76% growth in net profit compared to the year 2002.

      The company has also announced an impending acquisition of Hefei Iron & Steel Group Company, Ltd, Hefei, Anhui Province, China, which it said had revenue of $257,000,000 and gross profit of $36,125,000 for the year 2003. The current steel making capacity is 1.4 million metric tons per year.

      The company also announced that its subsidiary ATC Technology Corp. is selling its products into Wal-Mart (NYSE: WMT), and will distribute 20 million shares of its stock to shareholders on a one for five basis, and its Entec Software subsidiary is expected to merge July 12 with Creative Vistas, Inc. (OTCBB: CVSA), after which Providential will own 13%.

      The full report, including important disclosures and disclaimers, is at www.investrendresearch.com

      An InvestorPower" page has been created regarding the company at www.investrend.com/company/list.asp?sPathParam=yes.

      Credentials for analyst Mohammad Sharifzadeh, MBA, CFA, is at www.investrend.com/articles/secondlevel.asp?level=238

      Investrend Research has been the leading independent equity research publishing and distribution program since 1996, with over 70 AIMR-qualified professional analysts posting more than 650 reports to date. Anyone may enroll a company in the Investrend platforms. Enrollment fees for the Institutional Research platform is $28,300 per annum. Enrollment fees for " Company of the Week" webcasts are $2,840.00. These enrollment fees are being paid by the company. Analysts are paid in advance for their initial reports by Investrend Research to limit or eliminate pecuniary interests, and no one associated with the program may own or trade in the equities of companies under coverage.

      Investrend Research subscribes to the " Standards for Independent Research Providers" at www.firstresearchconsortium.com .

      Anyone interested in receiving alerts regarding Providential Holding research or webcasts should e-mail info@investrend.com with " PRVH" in the subject line, or click on www.investrend.com/contact.asp.

      For up-to-the-minute news, features and links click on www.financialwire.net

      FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on www.investrend.com/contact.asp

      The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: www.investrend.com/XmlFeeds?level=268


      URL: www.financialwire.net


      (C) 2004 financialwire.net, Inc. All rights reserved.
      Avatar
      schrieb am 06.07.04 09:33:00
      Beitrag Nr. 12 ()
      Leute es kommen jetzt Schlag auf Schlag Neuigkeiten:



      Providential Holdings` Subsidiary ATC Technology Corp Acquires a LeadingMedical Device Maker

      FOUNTAIN VALLEY, CA, Jul. 06, 2004 (MARKET WIRE via COMTEX) -- Providential Holdings, Inc. (OTC BB: PRVH) (Berlin Stock Exchange: PR7, WKN 935160) (www.phiglobal.com) today announced that its wholly owned subsidiary ATC Technology Corp has signed an agreement to acquire 96% ownership of a leading Chinese high tech medical device manufacturer, Shenzhen Lifetech Scientific Inc. (Shenzhen, China) www.lifetechmed.com/english/index.asp.

      In preparation for ATC to become a publicly traded company and in order to increase its share value, the management of ATC and PRVH had decided to look for a high tech, high growth and high profit margin company for ATC to acquire and to increase its total sales revenue and profit figures. Lifetech was selected because of its leadership position in several products, such as the Occluder, a similar product made by AGA Medical Corp in Minnesota, USA, www.amplatzer.com. AGA has about 60% market share in China, while Lifetech has 25-30% market share and increasing. According to the signed agreement, ATC will fund the acquisition using a portion of its common stock after the distribution of share dividends recently announced.

      Lifetech is an established company with solid revenues and profit for the past five years. Its major products include the minimum invasive medical devices: 1) drug coated coronary stents, renal stents inserted into blood vessels by doctors to unclog coronary and renal artery blockages without open surgeries; 2) TAA/AAA stent grafts for treating aortic aneurysm; 3) vena cava filters for prevention of pulmonary embolism; 4) occluders for treating congenital heart defects. Patients can usually feel the benefits immediately and return home the next day. Lifetech Scientific, Inc.`s products are made in its own clean room facility and sold directly to hospitals in China. It has an extensive network of sales offices throughout China. The company has spread its products to more than 20 provinces. Since the sales volume of occluders accounts for 25-30% of the domestic market, the company has become the biggest domestic supplier of occluder in China.

      Lifetech`s revenues and net profits are expected to reach $3,200,000 and $1,000,000, respectively, for the year 2004 and to $10,000,000 and $2,000,000 respectively in 2005 because of several new products ready to hit the market soon. From 2005 henceforth, it expects to grow at the rate of more than 20% per year in next five to ten years because of the untapped market potential in China. Therefore, with a Price/Earnings ratio greater than 20 (current industry P/E ratio is approximately 25x), the new public company`s market capitalization is expected to surpass $20,000,000 in 2004 and $40,000,000 in 2005, respectively. Lifetech enjoys a home base advantage and has consistently generated gross profit margins of over 50%. All of their devices have obtained the Chinese SFDA regulatory approvals (similar to the FDA in the USA).

      Keith Wong, President and CEO of ATC Technology Corp., stated, "This new acquisition enables ATC to enter the very lucrative medical device market in China and not to rely completely on its mobile electronics business, which is facing increasing competitions. This acquisition will make ATC`s shares much more valuable. Because of the life style changes due to its rapid industrialization, the problems of constricted blood vessel due to plaque buildup common in the US are appearing rapidly in China. Lifetech Scientific is there with the right affordable products in the right place and at the right time. These products unblock arteries in the heart, lungs and kidneys without open surgeries. We expect to close this acquisition in 60-90 days from now."

      About Providential:

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which is mergers and acquisitions.

      The Company has designed a three-pronged business model that can potentially yield long term rewards with relatively diversified revenue streams, by: (1) Acting as an incubator for emerging companies and technologies that deals with young firms whose production and operational capability can be brought up to speed relatively quickly if product acceptance occurs. (2)Taking minority interest as compensation for financial consultancy and M&A advisory services with the objective of exiting at a profit once the company has restructured or performs as expected after listing.(3)Acquiring and consolidating undervalued opportunities in various high-growth industries to create additional value for our shareholders and target partners by combining expertise in both the product and capital markets.

      URL: www.phiglobal.com

      About ATC Technology:

      ATC Technology Corporation, an Arizona corporation, makes mobile entertainment products and sells to chain stores. The Company has also set up a medical division to focus on angioplasty devices and other medical products in China. www.atctech.com

      Safe Harbor: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company`s actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company`s ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.


      Contact:
      Providential Holdings
      Henry Fahman
      714-849-1477
      www.phiglobal.com

      Lifetech Scientific
      Eric Zi
      011-86-0755-83570973
      www.lifetechmed.com

      SOURCE: Providential Holdings, Inc.
      Avatar
      schrieb am 06.07.04 11:44:40
      Beitrag Nr. 13 ()
      Und hier einige Anworten.

      July 6, 2004, 1:00am Q&A#100



      PRVH and ATC management’s responses to the most commonly asked questions regarding the recent press releases from PRVH and ATC: (Management: Henry Fahman, Keith Wong)



      1. Who is this company called Lifetech Technology in China?

      Founded in 1999, Shenzhen Lifetech Scientific Inc, develops, manufactures and sells interventional medical devices. Their products have been exhibited in all previous China Hi-Tech Fairs, and have gained high appraisal from the experts. They have also obtained the product approvals from the Chinese government authorities.

      They have a standard manufacturing facility of over 1000 m2, including a 400 m2 clean room including class 100 and class 100,000. The company is also equipped with laser cutting machines, laser welding machines, vacuum furnaces, precise knitting processing machines and instruments for quality inspection/validation testing.

      Their products include: coronary stents, renal stents , TAA/AAA stent grafts , vena cava filters, PDA occluders, ASD occluders, VSD occluders. The company has sold its products in more than 20 provinces in China. Market share of the occluders is 25%-30% in China, the largest domestic supplier of septal occluders for Congenital Heart Disorders .



      2. Why this acquisition?

      We are taking ATC public. The share price of any public company depends for a large part on its future earnings growth. While ATC has potential, it is in the consumer electronics business. It does not have the profit margin and growth to create an attractive stock price level we’d like to see for ATC. We therefore need a company that is high tech, high growth and high profit margin. Lifetech satisfies these requirements. For example, just Lifetech alone, its current profit justifies a $20,000,000 market cap in 2004 and $40,000,000 in 2005 as a public company with an average Price/Earnings ratio of 20, not to mention its future growth after 2005.



      3. Can ATC’s electronics division and Lifetech’s medical division coexist in the new publicly traded ATC?

      We believe so. They will be independent divisions run by different division managements. Of course, we also have the option of spinning off ATC’s current electronics business to become a new PRVH subsidiary and take it public later on so that Lifetech will run a one-business company. This may turn out to be an advantage.



      4. PRVH has announced some very positive news recently. But the market has not responded well to them. PRVH’s management believes that the stock is very undervalued. Why?

      We have recently acquired 60% of a major steel tool company in China that generated $81,584,225 in revenues and $17,937,317 in net profits in 2003. At a conservative estimate of $97,720,000 in revenues and $22,330,000 in net profits for Fiscal Year 2004, based on year-to-date performance, and the current Price-Earnings ratio of 17.8 for the Appliance and Tool industry, the market capitalization is expected to surpass $395,000,000 as a publicly-traded company. This transaction alone should add over $235,000,000 in market cap to Providential Holdings or at least two dollars per share based on current industry valuation. This steel tool company is also the number one rotary blade manufacturer in Asia. China needs a lot of construction work done now and in the next 10-20 years. They need products from this company to cut pipes, trenches, tunnels, cement and canals, not to mention small household rotary blades. Their largest rotary blades stand taller than 1.5 meters in diameter and worth tens of thousand of dollars each. In addition, we have other equally significant transactions coming. Our share price should not be in the current level. It is perhaps we have failed to communicate clearly to the investment community. We believe our share price should increase substantially once people realize the earnings potential and once we announce our first quarterly result for Q1 of 2005.



      Some people are concerned that PRVH will not find the $45,000,000 to fund the acquisition. How do you address this issue? Where is the money going to come from?



      The note to YTSAW company’s acquisition is not due for another six months. We have decided to move up the schedule to take YTSAW company public immediately. As we speak, we have asked our auditors to start the auditing work on this company. We will file with SEC immediately after this and expect to make it a public company in 60-90 days. At the same time, we have already worked with a few select private equity funds to finalize the terms for this funding. It can be a combination of long-term debts, convertible debentures, and equity. Especially, once YTSAW becomes a public company, its market valuation will positively affect Providential’s valuation as well, thus making our financing job much easier, either directly through YTSAW or through PRVH, or both. We believe time is on our side. There are many ways we can leverage to get the deal done.



      Where are you taking PRVH?

      From this point forward until we are on the Nasdaq or another major exchange, we will continue to execute our three-pronged business model: (1) Acting as an incubator for emerging companies and technologies.( 2)Taking minority interest as compensation for financial consultancy and M&A advisory services. (3)Acquiring and consolidating undervalued opportunities in various high-growth industries as well as re-aligning our existing subsidiaries to create additional value for our shareholders and target partners by combining expertise in both the product and capital markets.



      What are the management’s final comments?

      At the end of the day, people invest in PRVH not because PRVH wants to remain small and timid, they invest in PRVH because PRVH wants to be big and audacious. We will devote more time to better communicate our plans and thoughts to our shareholders in the future.

      http://www.atctechnologycorp.com/prqa/Q&A_ATC_website_final.…
      Avatar
      schrieb am 07.07.04 13:41:17
      Beitrag Nr. 14 ()
      Providential Holdings Says Subsidiary Will Acquire 96% of Chinese MedicalDevice Maker

      Jul 7, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Providential Holdings (OTCBB: PRVH) said its wholly owned subsidiary ATC Technology Corp has signed an agreement to acquire 96% ownership of a leading Chinese high tech medical device manufacturer, Shenzhen Lifetech Scientific Inc., of Shenzhen, China, and located at www.lifetechmed.com/english/index.asp

      Lifetech was selected because of its leadership position in several products, such as the Occluder, a similar product made by AGA Medical Corp in Minnesota, USA, www.amplatzer.com

      AGA has about 60% market share in China, while Lifetech has 25-30% market share and increasing. According to the signed agreement, ATC will fund the acquisition using a portion of its common stock after the distribution of share dividends recently announced.

      The company said Lifetech is an established company with solid revenues and profit for the past five years. Its major products include the minimum invasive medical devices: 1) drug coated coronary stents, renal stents inserted into blood vessels by doctors to unclog coronary and renal artery blockages without open surgeries; 2) TAA/AAA stent grafts for treating aortic aneurysm; 3) vena cava filters for prevention of pulmonary embolism; and 4) occluders for treating congenital heart defects.

      Patients can usually feel the benefits immediately and return home the next day. Lifetech Scientific, Inc.`s products are made in its own clean room facility and sold directly to hospitals in China. It has an extensive network of sales offices throughout China. The company has spread its products to more than 20 provinces. Since the sales volume of occluders accounts for 25-30% of the domestic market, the company has become the biggest domestic supplier of occluder in China.

      Lifetech`s revenues and net profits are expected to reach $3,200,000 and $1,000,000, respectively, for the year 2004 and to $10,000,000 and $2,000,000 respectively in 2005 because of several new products ready to hit the market soon. From 2005 henceforth, it expects to grow at the rate of more than 20% per year in next five to ten years because of the untapped market potential in China. Therefore, with a Price/Earnings ratio greater than 20 (current industry P/E ratio is approximately 25x), the new public company`s market capitalization is expected to surpass $20,000,000 in 2004 and $40,000,000 in 2005, respectively. Lifetech enjoys a home base advantage and has consistently generated gross profit margins of over 50%. All of their devices have obtained the Chinese SFDA regulatory approvals (similar to the FDA in the USA).

      Keith Wong, President and CEO of ATC Technology Corp., stated, "This new acquisition enables ATC to enter the very lucrative medical device market in China and not to rely completely on its mobile electronics business, which is facing increasing competitions. This acquisition will make ATC`s shares much more valuable. Because of the life style changes due to its rapid industrialization, the problems of constricted blood vessel due to plaque buildup common in the US are appearing rapidly in China. Lifetech Scientific is there with the right affordable products in the right place and at the right time. These products unblock arteries in the heart, lungs and kidneys without open surgeries. We expect to close this acquisition in 60-90 days from now."

      For up-to-the-minute news, features and links click on www.financialwire.net

      FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on www.investrend.com/contact.asp

      The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: www.investrend.com/XmlFeeds?level=268


      URL: www.financialwire.net
      Avatar
      schrieb am 13.07.04 11:14:38
      Beitrag Nr. 15 ()
      Providential Acquires 20% Equity Stake in E-Check Recovery andDistributes Special Dividends

      FOUNTAIN VALLEY, CA, Jul. 13, 2004 (MARKET WIRE via COMTEX) -- Providential Holdings, Inc. (OTC BB: PRVH) (Berlin Stock Exchange and Frankfurt Stock Exchange: PR7, WKN 935160) (www.phiglobal.com) today announced that it has signed an agreement to acquire a 20% ownership of E-Check Recovery, Inc. (www.echeckrecover.com), a Texas corporation, in exchange for $25,000 worth of the Company`s restricted common stock.

      The Company will distribute one-half of its holding in E-Check Recovery (10%) as a special dividend to PRVH shareholders of record as of July 30, 2004 and E-Check Recovery will start filing the necessary documents with the appropriate regulatory agencies to become a fully-reporting publicly-traded company.

      E-Check Recovery, Inc. is a nationwide agency specializing in automated check recovery of NSF checks/closed accounts, check-by-phone, recurring debits and credits, one-time debits and credits, check verification/guarantee, check conversion point of sale, check conversion non point of sale, and payroll direct deposits through the use of its proprietary software and Mag Tek Micro imager.

      E-Check Recovery was designed to accommodate all types of businesses both large and small including governmental agencies and utility companies offering a solution to their every day financial services by their strategic partners.

      E-Check Recovery`s software and check scanning hardware can scan conventional paper checks and transform them into an electronic transaction (ACH) making funds available within 24 to 48 hours as well as electronically deposit checks. Check data and check images are stored for future research and retrieval on re-submission of NSF checks and more.

      E-Check Recovery`s future includes the unprecedented multi function platform of services to be offered such as Payroll Debit Cards and Payroll Direct Deposits, Store Added Value Cards, Dual International Money Transfer Cards with PIN security, Phone Cards, Gift Cards, Debit/Credit Cards for ISO agreements, Paperless Payments (i.e. phone, water, electric, gas, auto tags, and cable bills) in order to reach a wider spectrum. URL: www.echeckrecover.com

      About Providential:


      http://host.wallstreetcity.com/wsc2/Autoflag.html?Button=Get…
      Avatar
      schrieb am 15.07.04 15:57:25
      Beitrag Nr. 16 ()
      Lexor Holdings to Open New Service Centers in Major US Cities

      HUNTINGTON BEACH, Calif., Jul 15, 2004 (BUSINESS WIRE) -- Providential Holdings, Inc. (OTCBB:PRVH)(Berlin Stock Exchange and Frankfurt Stock Exchange:PR7, WKN 935160), www.phiglobal.com, today announced that Lexor Holdings, Inc. (OTCBB:LXRH)(Berlin Stock Exchange:WKN 727489), www.lexorholdings.com, is ready to open new Service Centers across the US to provide the best possible customer care to its existing and future customers.

      Providential Holdings owns a minority interest in Lexor Holdings and currently assists this company in its corporate strategy, investment banking, general management, and mergers and acquisitions.

      The objective of Lexor`s Service Centers is to provide a convenient location to interact face to face with salon owners, and also to give easy access to resources for their pedicure spa during warranty or out-of-warranty period.

      Lexor`s Service Center will be opening in all the main cities and locations across the U.S., starting with Orange County, CA; San Jose, CA; Houston, TX; and Baltimore, MD, with sizes ranging from 1500-2500 square feet. Key attributes of these centers include:


      -- 1. Fully decked-out showroom with wooded floor, halogen
      lighting and spinning pedestal to display Lexor`s Pedicure Spa
      collection.

      -- 2. Educational room for Lexor`s employees, clients or
      sponsored vendors who want to use a retail facility to promote
      new related products that would complement Lexor`s pedicure
      spa and visa versa.

      -- 3. On site service Fleet Van (several Chevy Cargo Vans per
      location).

      -- 4. Extended warranty program can be purchased to add on the
      standard 1-year warranty.

      -- 5. Maintenance program, worry-free buying. With this program,
      Lexor`s technician will go on site once a month to clean out
      the pedicure spa, wipe down upholstery, flush internal
      plumbing system and ensure the unit is in good working
      condition.

      -- 6. Lexor will also use the Service Center to educate buyers
      and give buyers a chance to use and feel out the Pedicure spa
      before buying.

      -- 7. The Service Center will also offer plumbing, planning and
      service repair for out-of-warranty issues.

      -- 8. The Service Center will be a vehicle for Lexor`s to
      introduce new products to the market as well as a survey and
      research collector.

      By offering various add on programs and services, such as: out-of-warranty part purchase, out-of-warranty onsite service, extended warranty program, maintenance program, maintenance chemical kit and miscellaneous supplies that are related to pedicure & spas, these Service Centers are expected to be profit centers that will bring in substantial additional revenues while building an image and name branding for Lexor.

      About Lexor:

      Lexor Holdings, Inc. specializes in the manufacturing and distribution of state-of-the-art luxury pedicure spas and aims to become an industry leader through premier holdings in beauty-spa supplies and distribution, manufacturing of equipment, beauty schools, beauty salons, and nail salons. URL: www.lexorholdings.com.

      Safe Harbor:


      http://host.wallstreetcity.com/wsc2/Autoflag.html?Button=Get…
      Avatar
      schrieb am 19.07.04 10:08:45
      Beitrag Nr. 17 ()
      Providential Subsidiary Provimex Reports Big Success at World StyleCalifornia Gift Show in Los Angeles

      HUNTINGTON BEACH, CA, Jul. 19, 2004 (MARKET WIRE via COMTEX) -- Providential Holdings, Inc. (OTC BB: PRVH) (Berlin Stock Exchange and Frankfurt Stock Exchange:PR7 - WKN 935160) (www.phiglobal.com) today announced that its wholly-owned subsidiary Provimex (www.provimex.us) has reported remarkable success during its first two days at the World Style California Gift Show in Los Angeles (www.californiagiftshow.com).

      Provimex`s booths, which exhibit bamboo furniture, pottery, rustic gazebos, arbors, handicrafts and other products made in Vietnam, have attracted a large number of visitors. The Company has already received numerous orders from about 200 customers during the first two days and expects more of them throughout the remainder of the show.

      These products can also be ordered online through the Provimex`s Home and Garden Products Division in the near future.

      David Le, President and CEO of Provimex, commented: " So far we are very pleased with the response from our visitors and customers. People love our products because they are well-made, artistic, and very reasonably priced. We have sold a lot of products in the last few days and are confident that we will sell more of them even after the show because many of our customers represent wholesalers and sizable chains with repeat orders."

      The California Gift Show is the oldest and largest gift and home furnishings show in the West. The well-established (67 years!) California Gift Show attracts approximately 30,000 buyers at each of its semi-annual events, which present some 11,800 companies in over 3,000 booths. The California Gift Show will run through Tuesday, July 20, 2004, featuring some 1,860 exhibitors within 11 divisions. The California Gift Show is managed by George Little Management, LLC (GLM) on behalf of dmg world media.

      About Providential:

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which is manufacturing of industrial tools.

      The Company has designed a three-pronged business model that can potentially yield long term rewards with relatively diversified revenue streams, by: 1) Acquiring and consolidating undervalued opportunities in selective high-growth industries to create additional value for our shareholders and target partners by combining expertise in both the product and capital markets. 2) Acting as an incubator for emerging companies and technologies that deals with young firms whose production and operational capability can be brought up to speed relatively quickly if product acceptance occurs. 3) Taking minority interest as compensation for financial consultancy and M&A advisory services with the objective of exiting at a profit once the company has restructured or performs as expected after listing.

      URL: www.phiglobal.com

      Safe Harbor:

      Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company`s actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company`s ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.

      These and other risks are identified in the company`s SEC filings and should be considered in evaluating the forward-looking statements made herein.


      Contact:
      Provimex
      Andrew Yuen, 714-849-1558
      www.provimex.us

      Providential Holdings
      Henry Fahman, 714-849-1577
      www.phiglobal.com

      SOURCE: PROVIDENTIAL HOLDINGS, INC
      Avatar
      schrieb am 20.07.04 10:00:04
      Beitrag Nr. 18 ()
      20 July 2004, 03:15am ET



      Providential Holdings, Inc. (OTC BB: PRVH), (Berlin and Frankfurt Stock Exchanges: PR7; WKN 935160) (http://www.phiglobal.com) today announced that it has made the necessary arrangement with its stock transfer agent to send out the dividend stock certificates of ATC Technology Corp, a wholly-owned subsidiary of the Company, to eligible shareholders within ten working days.

      PRVH will distribute a total of 20,000,081 shares of ATC Technology Corp`s common stock on a pro-rata basis to all Providential Holdings shareholders of record as of December 31, 2003. There were 108,227,317 PRVH shares eligible to receive the dividend distribution at that time, including allocations for its past bridge note obligations. This means for 5.41 shares of PRVH stock owned on record on December 31, 2003, the shareholder will receive one share of ATC common stock as dividend.

      The Company will be responsible for all the costs associated with the issuing and mailing of the ATC Tech dividend physical certificates to shareholders who held PRVH stock in certificate form as of December 31, 2003. For all shareholders who held PRVH stock in their brokerage accounts as of the same date, the ATC Tech dividend shares will be automatically credited to their accounts when they are fully-registered, free-trading and DTC eligible.

      Further information regarding this dividend distribution can be found at www.atctechnologycorp.com/shares. About ATC Technology Corp:

      ATC Technology Corp is in the business of mobile video electronics and has recently signed an agreement to acquire 96% of Lifetech Scientific Inc, to be funded by its common stock.

      About Lifetech:

      Mentioned Last Change
      PRVH 0.18 0.01dollars or (5.88%)
      Lifetech, www.lifetechmed.com/english/index.asp, is an established company with solid revenue and profit for the past five years. Its major products are the micro medical devices inserted into blood vessel by doctors to unclog coronary, pulmonary and renal artery blockages without open cavity surgeries. They are: coronary stents, renal stents, TAA/AAA stent grafts, vena cava filters, PDA occluders, ASD occluders, and VSD occluders. Patients can usually feel the benefits immediately and return home the next day. Lifetech Scientific Inc`s products are made in its own clean room facility and sold directly to hospitals in China. It has an extensive network of sales offices through out China. The products that have been launched in the domestic market include: The company has spread its products to more than 20 provinces . Since the sales volume of occluder shares 25% of the domestic market, the company has become the biggest domestic supplier of occluder.

      About Providential:

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which is manufacturing of industrial tools.

      The Company has designed a three-pronged business model that can potentially yield long term rewards with relatively diversified revenue streams, by: 1) Acquiring and consolidating undervalued opportunities in selective high-growth industries to create additional value for our shareholders and target partners by combining expertise in both the product and capital markets. 2) Acting as an incubator for emerging companies and technologies that deals with young firms whose production and operational capability can be brought up to speed relatively quickly if product acceptance occurs. 3) Taking minority interest as compensation for financial consultancy and M&A advisory services with the objective of exiting at a profit once the company has restructured or performs as expected after listing.

      URL: www.phiglobal.com

      Safe Harbor: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company`s actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company`s ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.


      --------------------------------------------------------------------------------

      Contact:
      Providential Holdings
      Henry Fahman
      714/849-1577
      henry@phiglobal.com

      ATC Technology Corp
      Keith Wong
      480/966-6800
      kwong@atctechnologycorp.com
      Avatar
      schrieb am 23.07.04 12:03:51
      Beitrag Nr. 19 ()
      Providential Set to Distribute E-Check Recovery Stock Dividends

      FOUNTAIN VALLEY, CA -- (MARKET WIRE) -- 07/23/04 --

      Providential Holdings, Inc. (PRVH - news) (Berlin Stock Exchange and Frankfurt Stock Exchange: PR7 - WKN 935160) (www.phiglobal.com) today announced that the Company will distribute 10% of E-Check Recovery, Inc. (www.echeckrecover.com) common stock as a special dividend to PRVH shareholders of record as of July 30, 2004. These dividend shares are expected to be mailed out by August 31, 2004 without any action on the part of the eligible Providential Holdings` shareholders.

      E-Check Recovery will start filing the necessary documents with the appropriate regulatory agencies to become a fully-reporting publicly-traded company.

      E-Check Recovery, Inc. is a nationwide agency specializing in automated check recovery of NSF checks/closed accounts, check-by-phone, recurring debits and credits, one-time debits and credits, check verification/guarantee, check conversion point of sale, check conversion non point of sale, and payroll direct deposits through the use of its proprietary software and Mag Tek Micro imager.

      E-Check Recovery was designed to accommodate all types of businesses both large and small including governmental agencies and utility companies offering a solution to their every day financial services by their strategic partners.

      E-Check Recovery`s software and check scanning hardware can scan conventional paper checks and transform them into an electronic transaction (ACH) making funds available within 24 to 48 hours as well as electronically deposit checks. Check data and check images are stored for future research and retrieval on re-submission of NSF checks and more.

      E-Check Recovery`s future includes the unprecedented multi function platform of services to be offered, such as Payroll Debit Cards and Payroll Direct Deposits, Store Added Value Cards, Dual International Money Transfer Cards with PIN security, Phone Cards, Gift Cards, Debit/Credit Cards for ISO agreements, Paperless Payments (i.e. phone, water, electric, gas, auto tags, and cable bills), in order to reach a wider spectrum. URL: www.echeckrecover.com

      About Providential:

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which is manufacturing of industrial tools.

      The Company has designed a three-pronged business model that can potentially yield long term rewards with relatively diversified revenue streams, by: 1) Acquiring and consolidating undervalued opportunities in selective high-growth industries to create additional value for our shareholders and target partners by combining expertise in both the product and capital markets. 2) Acting as an incubator for emerging companies and technologies that deals with young firms whose production and operational capability can be brought up to speed relatively quickly if product acceptance occurs. 3) Taking minority interest as compensation for financial consultancy and M&A advisory services with the objective of exiting at a profit once the company has restructured or performs as expected after listing.

      URL: www.phiglobal.com

      Safe Harbor:

      Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company`s actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company`s ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.

      These and other risks are identified in the company`s SEC filings and should be considered in evaluating the forward-looking statements made herein.

      Contact:
      Providential Holdings, Inc.
      Henry Fahman
      714-849-1577
      www.phiglobal.com
      Avatar
      schrieb am 27.07.04 10:38:20
      Beitrag Nr. 20 ()
      PRVH: Sets Dividend; Spin Off; X-Jul 28

      MONDAY , JULY 26, 2004 05:43 PM

      According to the NASDAQ Dividend List, Providential Holdings Inc (OTCBB: PRVH) has declared a Spin Off dividend. This dividend will ONLY be available to shareholders of record as of July 30, 2004.


      DECL-DATE X-DATE REC-DATE PAY-DATE
      ----------- ----------- ----------- -----------
      07/26/2004 07/28/2004 07/30/2004 N/A
      AMOUNT: Spin Off
      FREQUENCY: N/A
      CHANGE: N/A
      ADDITIONAL INFO: .008 of a restricted share of E-Check Recovery Inc for each share held. P/D: TBA.

      Knobias may issue additional reminder alerts to track the important dates surrounding this corporate action.
      Avatar
      schrieb am 27.07.04 20:21:31
      Beitrag Nr. 21 ()
      BALTIMORE--(BUSINESS WIRE)--July 27, 2004--Lexor Holdings Inc. (OTCBB:LXRH - News; Berlin Stock Exchange: WKN 727489) (www.lexorholdings.com) today announced that the company has successfully launched an innovative pedicure spa line called "PLT" using the new standard Pipeless Whirlpool System.
      This new PLT system is powered with Pipeless Hydrotherapy Jet by Sanijet http://www.sanijet.info/nsf.htm, which is currently selling its products to the pool and Jacuzzi industry. This new Pipeless Technology "NSF Protocol P182" (National Sanitation Foundation) is recognized for its proven cleanliness, hygiene and safety.

      Pedicure Spa has been introduced for the past 20 years to the nail and beauty industry. It has evolved ever since, with changes ranging from easier plug-and-play plumbing installation, to power seat reclining, to massaging system integrated into the seating, to ergonomic sleeker design and now Pipeless Whirlpool System.

      The old standard whirlpool system is plumbed by internal piping, which could harbor dangerous bacteria over time and is very difficult to clean. This complication has caused several notorious pending lawsuits against salon owners in the nail and beauty industry alleging the spreading of bacteria from one client to another, according to Nick La, Lexor Holdings.

      Pipeless Hydrotherapy technology will be the wave of the future for the Pedicure Spa industry and without a doubt will be the new standard in whirlpool.

      Lexor has scored remarkable increase in sales thanks to the proven benefits of the new Pipeless Whirlpool system and expects this trend to continue in the foreseeable future.
      Avatar
      schrieb am 16.08.04 09:03:24
      Beitrag Nr. 22 ()
      Providential Holdings Distributes Irvine College Stock Dividends

      HUNTINGTON BEACH, CA, Aug. 16, 2004 (MARKET WIRE via COMTEX) -- Providential Holdings, Inc. (OTC BB: PRVH); (Berlin Stock Exchange and Frankfurt Stock Exchange:PR7 - WKN 935160) (www.phiglobal.com) today announced that the Company will distribute 15% of Irvine College of Medical Sciences, DBA Atlantis Career College (www.atlantiscareercollege.net) common stock as a special dividend on a pro-rata basis to PRVH shareholders of record as of August 31, 2004.

      These dividend shares are expected to be mailed out by September 15, 2004 without any action on the part of the eligible Providential Holdings` shareholders. The Company also plans to distribute stock dividends from its other subsidiaries in the future.

      Irvine College of Medical Sciences will start filing the necessary documents with the appropriate regulatory agencies to become a fully-reporting publicly-traded company.

      The College is currently approved to provide educational programs in medical-related fields, including Ultrasound Technology, MRI, Medical Assistant, Pharmacy Tech, Pharmaceutical Sales, Registered Nurse, NCLEX, Professional Child Care, and curricula in information technology such as 3-D Animation and Network certifications. It also intends to acquire certain target companies in the for-profit postsecondary education sector as part of its future growth plan.

      http://host.wallstreetcity.com/wsc2/Autoflag.html?Button=Get…
      Avatar
      schrieb am 26.08.04 17:57:11
      Beitrag Nr. 23 ()
      Providential Holdings Joins VisiTrade for Enhanced Trading

      HUNTINGTON BEACH, CA, Aug. 19, 2004 (MARKET WIRE via COMTEX) -- Providential Holdings, Inc. (OTC BB: PRVH) (Berlin Stock Exchange and Frankfurt Stock Exchange: PR7 - WKN 935160) (www.phiglobal.com) today announced that the Company has joined VisiTrade, Ltd. (www.visitrade.net) to enable individual and institutional traders alike to buy or sell any sized blocs of stock anytime, 24 hours a day, for a single transaction fee, regardless of volume or price.

      Equities traded through VisiTrade, Ltd. include those of most of Wall Street`s most liquid companies, including Cisco, Dell, Coca-Cola and Microsoft.

      The VisiTrade(TM); platform is provided by Great Eastern Securities, Inc. (www.getrader.com), of Syosset, NY, now nearing its 50th year in the brokerage business. Great Eastern has a direct logon link to VisiTrade; on its site as well. With the Internet trader account investors will be able to trade through the VisiTrade trading system for a flat $12.95 per transaction, whether for one share or a million shares.

      Henry Fahman, Chairman and CEO of Providential Holdings, Inc., commented: "As Providential becomes a major player in the industrial tool business and substantially increases our international presence thanks to the recent acquisition of Tangshan Yutian Saw Corp in Hebei, China, (www.ytsawblades.com) we believe joining VisiTrade(TM) will enable individual and institutional investors alike to buy and sell our stock more efficiently because of VisiTrade`s 24-hour-a-day, flat-fee trading system."

      About Providential:
      http://host.wallstreetcity.com/wsc2/Autoflag.html?Button=Get…
      Avatar
      schrieb am 26.08.04 17:58:54
      Beitrag Nr. 24 ()
      US Financial Network: Monster Investment Club taps US Financial Networkresources

      Aug 26, 2004 (M2 PRESSWIRE via COMTEX) -- City of Industry, CA - The Monster Investment Club (www.monsterclub.net) has earned a position within the US Financial Network as a network affiliate member providing it exposure to the resources of the Network. Monster Investment Club is an exclusive Educational Investment Club located in Southern California providing funding, investing, and educational opportunities in order to create wealth for its members.

      Monster Investment Club invests in startup and growth companies similar to Anza Capital Inc. (OTCBB: AZAC), Providential Holdings Inc. (OTCBB: PRVH), Pogo! Products Ltd. (OTCBB: PGOI), and Sunwest Bank (OTCBB: SWST).

      Monster Investment Club meets on a regular basis to participate in select investment opportunities. The Club is holding its next meeting on Saturday August 28th. Visit www.monsterclub.net for more information.

      About the US Financial Network

      The US Financial Network (www.usfnetwork.com) is a network of financial news and financial service websites offering a full range of products dedicated towards connecting public companies and the investment community. Network member Financial News USA (www.financialnewsusa.com) offers financial news distribution and financial communication services which includes a free RSS financial news feed: www.financialnewsusa.com/rss/rss_feed.php

      The US Financial Network disseminates financial news to a broad scope of individuals and institutions across the United States and internationally. US Financial Network members provide the services necessary for a company looking to go public or already public requiring enhanced exposure and support. The US Financial Network may have an equity position of up to 4.9% in the companies mentioned herein and may buy or sell the stock any time. Please visit our Section 17B disclaimer at www.usfnetwork.com

      CONTACT: US Financial Network Tel: +1 626 961 8041 e-mail: info@usfnetwork.com
      http://host.wallstreetcity.com/wsc2/Autoflag.html?Button=Get…
      Avatar
      schrieb am 26.08.04 17:59:55
      Beitrag Nr. 25 ()
      Providential Holdings Distributes Provimex and Touchlink CommunicationStock Dividends

      HUNTINGTON BEACH, CA, Aug. 26, 2004 (MARKET WIRE via COMTEX) -- Providential Holdings, Inc. (OTC BB: PRVH) ; (Berlin Stock Exchange and Frankfurt Stock Exchange:PR7 - WKN 935160) (www.phiglobal.com) today announced that the Company will distribute 15% of common stock of Provimex and Touchlink Communications, Inc., respectively, as a special dividend on a pro-rata basis to PRVH shareholders of record as of September 15, 2004.

      These dividend shares are expected to be mailed out by October 15, 2004 without any action on the part of the eligible Providential Holdings` shareholders.

      Both Provimex and Touchlink Communications will start filing the necessary documents with the appropriate regulatory agencies to become fully-reporting publicly-traded companies.

      The dividend distributions are part of the Company`s plan to spin off ancillary operations and focus on the new cutting tool business.

      About Providential:
      http://host.wallstreetcity.com/wsc2/Autoflag.html?Button=Get…
      Avatar
      schrieb am 27.08.04 09:51:44
      Beitrag Nr. 26 ()
      PRVH Dividenden

      Laut Ankündigungen sollen folgende Aktien als Dividende ausgegeben werden, wenn man an dem jeweiligen Stichtag Shares von PRVH besitzt:

      ATC -> 31.12.2003 -> Verhältnis 1:5
      E-Check Recovery -> 30.07.2004 -> nicht bekannt
      Irvine College -> 31.08.2004 -> nicht bekannt
      Provimex -> 15.09.2004 -> nicht bekannt
      Touchlink Com. -> 15.09.2004 -> nicht bekannt
      Avatar
      schrieb am 08.09.04 10:41:55
      Beitrag Nr. 27 ()
      Providential Holdings Announces Important Amendments to the Acquisitionof Tangshan Yutian Saw Corp., a Leading Chinese Tool Manufacturer

      HUNTINGTON BEACH, CA, Sep. 08, 2004 (MARKET WIRE via COMTEX) -- Providential Holdings, Inc. (OTC BB: PRVH); (Berlin Stock Exchange and Frankfurt Stock Exchange: PR7 - WKN 935160) (www.phiglobal.com) today announced important amendments regarding the Stock Purchase Agreement dated June 07, 2004, between the Company and Tangshan Yutian Saw Corp ("TYSC" or "YTSAW") (www.ytsawblades.com), a leading Chinese manufacturer of circular saw blades. These amendments are expected to bring more favorable terms and additional benefits to PRVH.

      According to the recent amendments to the Stock Purchase Agreement, the final purchase price of TYSC is dependent upon the results of the current financial audit commissioned by PRVH, which is being conducted according to the US GAAP and SEC requirements and expected to be completed by the end of September. Using the original 2003 audited financial statements provided by TYSC as the basis, the final purchase price will be revised, either upwards or downwards, based on the actual changes in assets, liabilities and net income, if any, between the original audited financial statements by TYSC and the new audited financial statements commissioned by PRVH. TYSC and PRVH have agreed to the following adjustment formula: For every US dollar ($US 1.00) change in assets, the purchase price will be adjusted by $US 0.30; for every US dollar ($US 1.00) change in liabilities, the purchase price will be adjusted by $US 1.00; and for every US dollar ($US 1.00) change in net income, the purchase price will be adjusted by $US 0.30.

      PRVH will be filing the necessary reports with the SEC upon the completion of the audit and does not expect the final numbers to be substantially different from the original statements submitted by TYSC.

      Both companies have also agreed to extend the maturity date of the non interest-bearing promissory note to June 23, 2005. The final amount of the note will be adjusted according to the results of the financial audit and is expected not to exceed the original $45 million.

      The extension of the maturity date will undoubtedly give PRVH more funding options. PRVH plans to take TYSC public well before June 2005 and may choose to pay a portion or all of the note through the floating of TYSC`s common shares.

      http://host.wallstreetcity.com/wsc2/Autoflag.html?Button=Get…
      Avatar
      schrieb am 09.09.04 08:24:07
      Beitrag Nr. 28 ()
      Providential Holdings and Tangshan Yutian Saw Amend Terms Of Purchase

      Sep 9, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Providential Holdings, Inc. (OTCBB: PRVH) has announced amendments to its proposed purchase of Tangshan Yutian Saw Corp (www.ytsawblades.com), a leading Chinese manufacturer of circular saw blades. The company said the amendments are expected to bring more favorable terms and additional benefits to Providential.

      Under the amendments, the final purchase price of TYSC is dependent upon the results of the current financial audit commissioned by Prpvodemtoa;l, which is being conducted according to the US GAAP and SEC requirements and expected to be completed by the end of September.

      Using the original 2003 audited financial statements provided by TYSC as the basis, the final purchase price will be revised, either upwards or downwards, based on the actual changes in assets, liabilities and net income, if any, between the original audited financial statements by TYSC and the new audited financial statements commissioned by PRVH. TYSC and PRVH have agreed to the following adjustment formula: For every US dollar ($US 1.00) change in assets, the purchase price will be adjusted by $US 0.30; for every US dollar ($US 1.00) change in liabilities, the purchase price will be adjusted by $US 1.00; and for every US dollar ($US 1.00) change in net income, the purchase price will be adjusted by $US 0.30.

      Both companies have also agreed to extend the maturity date of the non interest-bearing promissory note to June 23, 2005. The final amount of the note will be adjusted according to the results of the financial audit and is expected not to exceed the original $45 million.

      The extension of the maturity date will reportedly give PRVH more funding options. PRVH plans to take TYSC public well before June 2005 and may choose to pay a portion or all of the note through the floating of TYSC`s common shares.

      Providential Holdings is enrolled in Investrend Research`s unique and pioneering professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following.

      On March 1, 2004, Investrend Research analyst Mohammad Sharifzadeh, MBA, CFA, rated the company a "Speculative Buy / 4," saying the company had "managed to establish a diversified holding of businesses with qualified management."

      The Investrend Research program is the largest in the world and includes a number of safeguards to reduce or eliminate conflict. These systems, including media coverage and endorsements, may be accessed at www.investrendresearch.com

      Investrend Research subscribes to the "Standards for Independent Research Providers" at www.firstresearchconsortium.com, and adheres to the Guidelines for independent providers jointly endorsed by the National Investor Relations Institute (www.niri.org) and the CFA Institute (www.aimr.org).

      The Dow Jones Newswires has stated that independent research has been growing in credibility over the past 18 months, specifically citing Investrend Research, and the New York Times has reported a survey by Charles Schwab & Co. reveals an astonishing 78 percent of active stockholders now "value research from independent firms over analysis by Wall Street firms with financial ties to the companies they are rating." A survey at Investopedia reveals that 74.7% of investors say that "legitimate fee-based research is objective and useful," and 70.9% say that a company that enrolls for "legitimate fee-based research is making a positive statement about its investment potential."

      Enrollment fees for Institutional coverage were $23,400, and the fees were paid by the company. There is an open invoice which is being negotiated. There are never any fees associated with FinancialWire, which independently covers a wide range of corporate news, including but not limited to those that are or have been enrolled in Investrend`s platforms.

      Complete information about any company enrolled in an Investrend shareholder empowerment platform, including those of its affiliates and independent analysts and webcasters, including disclosures and disclaimers, is available at the company`s InvestorPower page at www.investrend.com/company/list.asp?sPathParam=yes , and on each report and press release, and investors are advised to read those disclosures carefully before trading in the equities of any enrolled company.

      For up-to-the-minute news, features and links click on www.financialwire.net

      FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on www.investrend.com/contact.asp

      Listen to StreetSignals" (Investrend "ON-THE-AIR") "live" Saturdays from 9 p.m. to 10 p.m. on stations coast-to-coast, or live and archived on the web at www.BusinessTalkRadio.net, beginning October 2, 2004.

      The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: www.investrend.com/XmlFeeds?level=268
      Avatar
      schrieb am 20.09.04 07:14:37
      Beitrag Nr. 29 ()
      Press Release Source: Providential Holdings, Inc.


      Providential Holdings Acquires Majority Position in Tulon Pacific to Enhance Cutting Tool Business
      Monday September 20, 1:00 am ET


      HUNTINGTON BEACH, CA--(MARKET WIRE)--Sep 20, 2004 -- Providential Holdings, Inc. (OTC BB:PRVH.OB - News) (Berlin Stock Exchange and Frankfurt Stock Exchange:PR7 - WKN 935160) (www.phiglobal.com) today announced that it has signed an agreement to acquire a 70% ownership of Tulon Pacific, LLC (www.tulon.com), an Irvine, California-based company that provides precision cutting tools and drilling solutions, for a $1.6 million combination of cash and a promissory note which may be converted into common shares of the Company in six months. The transaction is targeted for completion by October 15, 2004, subject to further due diligence review and the approval of the boards of directors of both companies.
      This investment follows the previously announced acquisition of a 60% equity stake in Tangshan Yutian Saw Corp ("TYSC") (www.ytsawblades.com) in Hebei, China, which currently awaits the results of a US GAAP and GAAS audit to comply with the SEC reporting requirements.

      Tulon Pacific is a profitable and energized company with strong leadership and excellent brand name recognition in the global marketplace. Tulon Pacific distributes product manufactured by Tulon De Mexico and other manufacturing sources worldwide through strategically located distribution and sharpening centers in the United States, Asia and Europe.

      The manufacturing operation in Guadalajara, Mexico produces a full range of tungsten carbide tools used for the drilling and routing of printed circuit boards. In addition to proprietary technology developed in house, Tulon De Mexico utilizes fully automated flute/relieve/point machines from Kobayashi and Rollomatic to manufacture a combination of micro-diameter drill bits and routers from 8.00 mm to 0.10 mm. These are two of the most widely used manufacturing technologies in the world for producing PCB cutting tools and allows Tulon to meet the demands of the targeted industry while maintaining product diversification opportunities into such areas as industrial and medical cutting tools.

      Henry Fahman, Chairman and CEO of Providential Holdings, commented, "Tulon Pacific will play an important role in our cutting business and position us as a key player in the marketplace. Thanks to Tulon`s strong brand name recognition and excellent distribution system, we expect this transaction to greatly enhance the value of Providential in the near future."

      Andrew Forth, President of Tulon Pacific, stated: "The investment and strategic partnership with Providential Holdings and its affiliates will provide significant growth opportunities for Tulon associates worldwide and position Tulon Pacific as a platform for possible future acquisitions."

      About Providential:

      Providential Holdings (www.phiglobal.com) and its subsidiaries engage in a number of diverse business activities, the most important of which is cutting tools. The Company also acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.

      URL: www.phiglobal.com

      Safe Harbor

      Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company`s actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company`s ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.

      These and other risks are identified in the company`s SEC filings and should be considered in evaluating the forward-looking statements made herein.



      Contact:
      Contact:

      Providential Holdings
      Henry Fahman
      714-843-5450
      http://www.phiglobal.com

      Tulon Pacific
      Andrew Forth
      949-743-1804
      http://www.tulon.com
      Avatar
      schrieb am 03.10.04 09:12:16
      Beitrag Nr. 30 ()
      Warum wird diese sensationelle News nicht auch in den Newsthread gestellt ?
      Ich nehme an alle sind noch paralysiert, muß halt ich aushelfen ;)

      Providential Holdings Updates on Recent Acquisitions and Other ImportantCorporate Developments

      HUNTINGTON BEACH, CA, Oct. 01, 2004 (MARKET WIRE via COMTEX) -- Providential Holdings, Inc. (OTC BB: PRVH) (Berlin Stock Exchange and Frankfurt Stock Exchange:PR7 - WKN 935160) (www.phiglobal.com) today announced updates on the recent acquisitions of Tangshan Yutian Saw Corporation (" TYSC" ) and Tulon Pacific , LLC and on other important corporate developments.

      The auditing work of TYSC has been temporarily postponed due to the slower than expected pace of information gathering PRVH`s auditors have encountered in the past few weeks. Though Providential management is disappointed at the delay of the audit, it hopes to reach an equitable resolution that will be in the best interests of all parties including the Company`s shareholders. PRVH intends to work more closely with TYSC to determine whether an audit according to the US GAAP can be accomplished relatively quickly to comply with the SEC reporting requirements, or to amend the final closing day of the transaction subject to the completion of the audit. Providential and TYSC are also in talks to formulate an alternative cooperation arrangement, which can also be rewarding to shareholders of both companies, in lieu of an acquisition if necessary.

      The Company has recently finished the distribution of share dividends from ATC Technology Corp. and E-Check Recovery, Inc. and will proceed to complete the distribution of share dividends from Irvine College of Medical Sciences, Provimex, and Touchlink Communications by the end of October, 2004. Providential is also on track in taking these companies public, believing that it can better provide incentives to the management of each subsidiary to unlock and create additional value for our PRVH shareholders.

      During their most recent trip to Asia, Providential management have also reached important agreements with several business partners in China, Korea, and Vietnam with respect to joint ventures, direct investments, strategic alliances, and M&A advisory services. Details regarding these agreements will be announced in the near future.

      At the same time, the Company has begun the due diligence review regarding the acquisition of a 70% ownership in Tulon Pacific, LLC, an Irvine, California-based company that provides precision cutting tools and drilling solutions. This transaction is targeted to be completed within the month of October, 2004.

      In the past, while management was aggressive they were unable to complete a number of important transactions due to the lack of timely financing. However, with the funding commitments in excess of $50 million from three different investment groups that have been arranged recently, the Company`s management is confident it will be able to execute its growth plan and significantly increase PRVH shareholder value.
      Avatar
      schrieb am 04.10.04 11:46:03
      Beitrag Nr. 31 ()
      Providential Holdings Updates Shareholders On Several Acquisitions

      Oct 4, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Providential Holdings, Inc. (OTCBB: PRVH) announced some updates on the recent acquisitions of Tangshan Yutian Saw Corporation and Tulon Pacific , LLC and on other important corporate developments.

      It said the auditing work of TYSC has been temporarily postponed due to the slower than expected pace of information gathering PRVH`s auditors have encountered in the past few weeks. Though Providential management is disappointed at the delay of the audit, it said it hopes to reach an equitable resolution that will be in the best interests of all parties including the company`s shareholders.

      PRVH stated it intends to work more closely with TYSC to determine whether an audit according to the US GAAP can be accomplished relatively quickly to comply with the SEC reporting requirements, or to amend the final closing day of the transaction subject to the completion of the audit. Providential and TYSC are also in talks to formulate an alternative cooperation arrangement, which can also be rewarding to shareholders of both companies, in lieu of an acquisition if necessary.

      The company also said it has recently finished the distribution of share dividends from ATC Technology Corp. and E-Check Recovery, Inc. and will proceed to complete the distribution of share dividends from Irvine College of Medical Sciences, Provimex, and Touchlink Communications by the end of October, 2004.

      Providential is also on track in taking these companies public, believing that it can better provide incentives to the management of each subsidiary to unlock and create additional value for our PRVH shareholders.

      During their most recent trip to Asia, Providential management said it has also reached important agreements with several business partners in China, Korea, and Vietnam with respect to joint ventures, direct investments, strategic alliances, and M&A advisory services. Details regarding these agreements will be announced in the near future.

      At the same time, the Company has begun the due diligence review regarding the acquisition of a 70% ownership in Tulon Pacific, LLC, an Irvine, California-based company that provides precision cutting tools and drilling solutions. This transaction is targeted to be completed within the month of October, 2004.

      In the past, while management was aggressive they were unable to complete a number of important transactions due to the lack of timely financing. However, with the funding commitments in excess of $50 million from three different investment groups that have been arranged recently, the company`s management said it is confident it will be able to execute its growth plan and significantly increase PRVH shareholder value.

      Providential Holdings is enrolled in Investrend Research`s unique and pioneering professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following.

      On March 1, 2004, Investrend Research analyst Mohammad Sharifzadeh, MBA, CFA, rated the company a "Speculative Buy / 4," saying the company had "managed to establish a diversified holding of businesses with qualified management."

      The Investrend Research program is the largest in the world and includes a number of safeguards to reduce or eliminate conflict. These systems, including media coverage and endorsements, may be accessed at www.investrendresearch.com

      Investrend Research subscribes to the "Standards for Independent Research Providers" at www.firstresearchconsortium.com, and adheres to the Guidelines for independent providers jointly endorsed by the National Investor Relations Institute (www.niri.org) and the CFA Institute (www.aimr.org).

      The Dow Jones Newswires has stated that independent research has been growing in credibility over the past 18 months, specifically citing Investrend Research, and the New York Times has reported a survey by Charles Schwab & Co. reveals an astonishing 78 percent of active stockholders now "value research from independent firms over analysis by Wall Street firms with financial ties to the companies they are rating." A survey at Investopedia reveals that 74.7% of investors say that "legitimate fee-based research is objective and useful," and 70.9% say that a company that enrolls for "legitimate fee-based research is making a positive statement about its investment potential."

      Enrollment fees for Institutional coverage were $23,400, and the fees were paid by the company. There is an open invoice which is being negotiated. There are never any fees associated with FinancialWire, which independently covers a wide range of corporate news, including but not limited to those that are or have been enrolled in Investrend`s platforms.

      Complete information about any company enrolled in an Investrend shareholder empowerment platform, including those of its affiliates and independent analysts and webcasters, including disclosures and disclaimers, is available at the company`s InvestorPower page at www.investrend.com/company/list.asp?sPathParam=yes , and on each report and press release, and investors are advised to read those disclosures carefully before trading in the equities of any enrolled company.

      For up-to-the-minute news, features and links click on www.financialwire.net

      FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on www.investrend.com/contact.asp

      Listen to StreetSignals" (Investrend "ON-THE-AIR") "live" Saturdays from 9 p.m. to 10 p.m. on stations coast-to-coast, or right now on the web at www.BusinessTalkRadio.net.

      The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: www.investrend.com/XmlFeeds?level=268
      Avatar
      schrieb am 04.11.04 20:19:39
      Beitrag Nr. 32 ()
      ClearPass Systems Signs Strategic Alliance Agreement With XteQ to start campaign toward military and aerospace industries

      Huntington Beach , California – October 22, 2004 – ClearPass Systems, Inc.
      (www.clearpass.us), a wholly owned subsidiary of Providential Holdings, Inc. (OTCBB:PRVH - News;
      Berlin and Frankfurt Stock Exchanges:PR7, WKN 935160), www.phiglobal.com, today announced that it has signed a strategic alliance agreement with XteQ, Inc.(www.xteq.net), a privately held company based in Long Beach that manufactures multi-channel dedicated voice conferencing equipment and provides integrated communication solutions to the military and aerospace industries. Both parties will start new product campaign toward military and aerospace industries.

      XteQ is the exclusive worldwide source of PADS aerospace telecommunications equipment, which many companies in the aerospace and military sectors rely on for mission-critical voice operations. The equipment is typically used to coordinate ground communications between key personnel responsible for launching and controlling satellites, or for managing military test range operations.

      “At XteQ, we are continually looking for strategic partners who can help us enhance our ability to bring solutions to our mission critical customers,” said John Hobgood, vice president of business development. “The ClearPass biometric solutions will enable us to add security appliances directly to our end-user communications equipment and provide ClearPass with access to our existing customer base.”

      “Since XteQ’s communications’ equipment is deployed at major network operations centers that are connected via virtual private networks to antenna sites worldwide, we see a marketing opportunity for both our biometric authentication and video surveillance solutions,” stated Benjamin Tran, ClearPass’ president and chief executive officer. Tran commented further, “We are particularly excited about the prospect of integrating our innovative fingerprint biometric appliances as the primary physical security device for XteQ’s new TransPak product line that extends XteQ’s product offering into the industrial communications market.” The product line resulting from this alliance will be the world’s first portable secure wireless intercom system that displays the location of mobile radios at a central command unit using GPS signals. “This represents an exciting opportunity for marketing to the department of Homeland Security, state, county and municipal safety and security agencies.”

      About ClearPass Systems

      ClearPass Systems, Inc., a wholly-owned subsidiary of Providential Holdings, Inc., is a system integrator and
      premium provider of high level innovative biometric security and access management solutions. The
      company offers fingerprint authentication peripherals and integrated solutions to enhance personal security
      and provide security access to electronic information and physical facilities. URL: http://www.clearpass.us.

      About XteQ

      XteQ, Inc. is an original equipment manufacturer of multi-channel dedicated voice conferencing equipment and a provider of integrated wireless and VoIP solutions for its military and aerospace customers.



      Contact:

      ClearPass Systems, Benjamin Tran, 714-843-5459, www.clearpass.us
      XteQ, John Hobgood, 310-619-1285, www.xteq.net


      ClearPass Systems Signs Marketing Alliance Agreement With VivaMicro

      ClearPass Systems Showcases Fingerprint Security Solutions At 2004 ISC Expo

      ClearPass Systems Partners with RF Logics to Revenue Share and Expand Product Offerings

      Providential Holdings Appoints New President and CEO for ClearPass Subsidiary
      Avatar
      schrieb am 04.11.04 20:23:42
      Beitrag Nr. 33 ()
      Und was soll das jetzt?ist doch uralt!
      Avatar
      schrieb am 04.11.04 20:27:52
      Beitrag Nr. 34 ()
      @under

      Wie heißt der Thread?


      Hast Du diese Meldung schon irgendwo gelesen?

      Nein?


      Deshalb steht es jetzt hier!
      Avatar
      schrieb am 04.11.04 20:41:19
      Beitrag Nr. 35 ()
      psssst!!!!!News Thread:eek:
      Avatar
      schrieb am 26.11.04 18:17:07
      Beitrag Nr. 36 ()
      Form 10KSB for PROVIDENTIAL HOLDINGS INC


      --------------------------------------------------------------------------------

      26-Nov-2004

      Annual Report



      ITEM 6. MANAGEMENT`S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.
      Except for the audited historical information contained herein, this report specifies forward-looking statements of management of the Company within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934 ("forward-looking statements") including, without limitation, forward-looking statements regarding the company`s expectations, beliefs, intentions and future strategies. Forward-looking statements are statements that estimate the happening of future events and are not based on historical facts. Forward- looking statements may be identified by the use of forward-looking terminology, such as "could", "may", "will", "expect", "shall", "estimate", "anticipate", "probable", "possible", "should", "continue", "intend" or similar terms, variations of those terms or the negative of those terms. The forward-looking statements specified in this report have been compiled by management of the Company on the basis of assumptions made by management and considered by management to be reasonable. Future operating results of the Company, however, are impossible to predict and no representation, guaranty, or warranty is to be inferred from those forward-looking statements. The assumptions used for purposes of the forward-looking statements specified in this report represent estimates of future events and are subject to uncertainty as to possible changes in economic, legislative, industry, and other circumstances. As a result, the identification and interpretation of data and other information and their use in developing and selecting assumptions from and among reasonable alternatives require the exercise of judgment. To the extent that the assumed events do not occur, the outcome may vary substantially from anticipated or projected results, and, accordingly, no opinion is expressed on the achievability of those forward-looking statements. In addition, those forward-looking statements have been compiled as of the date of this report and should be evaluated with consideration of any changes occurring after the date of this report. No assurance can be given that any of the assumptions relating to the forward-looking statements specified in this report are accurate and the company assumes no obligation to update any such forward-looking statements.

      RESULTS OF OPERATIONS FOR THE YEARS ENDED JUNE 30, 2004 AND JUNE 30, 2003

      Revenues:

      The Company generated $4,711,340 from consulting and advisory services for the year ended June 30, 2004, as compared to $$1,386,635 for the year ended June 30, 2003, which represented 240% increase. This increase is mainly due to the completion of two merger and acquisition activities during the current year. During the fiscal year ended June 30, 2004, the Company had sales of $4,397,821 and tuition of $167,049 compared to $61,800 and $0 for the fiscal year ended June 30, 2003. This increase is due to the acquisition of two new subsidiaries which provided $695,171 in sales and $167,049 in tuition revenues. In addition, new contracts were signed providing $3,566,407 in revenues for the current year.

      Operating Expenses:

      The Company incurred total operating expenses of $8,447,892 for the year ended June 30, 2004 as compared to $1,914,208 for the year ended June 30, 2003. The increase in operating expenses was primarily due to the increase professional services, including non-cash compensation and the addition of new subsidiaries during the current fiscal year. Also included in operating expenses is the impairment of assets of $3,039,706 and $180,500 for the years ended June 30, 2004 and 2003, respectively. The current year impairment is for the goodwill from the acquisition of subsidiaries.

      Loss from operations:

      The Company had income from operations of $76,163 for the year ended June 30, 2004 as compared to a loss from operations of $341,901 for the year ended June 30, 2003. This was mainly due to the increases in revenues, professional services, including non-cash compensation and in general and administrative expenses as well as the addition of new subsidiaries during the current fiscal year.

      Net loss from continuing operations:

      The Company had a loss from continuing operations of $3,803,960 for the year ended June 30, 2004 as compared to a loss of $1,251,499 for the year ended June 30, 2003. Included in the current year amount are non-cash expenses of $711,331 of beneficial conversion feature expense for notes converted during the current year, $221,174 of redemption premium and penalties on the conversion of convertible notes and $521,372 gain on the conversion of debt and $864 net gain on the settlement of short-term notes. The current year also includes an add-back of $43,065 for the 49.9% minority interest in the College owned by another party.

      Net loss:

      The Company had a net loss of $3,853,160 for the year ended June 30, 2004 as compared to a net loss of $1,056,939 for the year ended June 30, 2003. Fiscal year ended June 30, 2003 included a gain on the disposal of a subsidiary of $248,560. The net loss based on the basic and diluted weighted average number of common shares outstanding for the year ended June 30, 2004 was ($0.05) as compared to that of ($.02) for the year ended June 30, 2003.

      LIQUIDITY AND CAPITAL RESOURCES

      Our business plan was restructured in November 2000 and has been updated to its now-current form. We must continue to raise capital to fulfill our plan of acquiring other companies and assisting in the development of those internally. The Company expects that the working capital cash requirements over the next 12 months will be generated from operations and additional financing.

      We had cash and cash equivalents of $29,791 and $96,474 as of June 30, 2004 and June 30, 2003, respectively.

      Our operating activities used $2,220,876 in the year ended June 30, 2004 and $767,219 in the year ended June 30, 2003. The largest use of cash in the 2004 was the increase in other assets and prepaid expenses and the decrease of accounts payable and accrued expenses. The largest use of cash in the 2003 period was from net loss from continued operations, offset by the net effect of normal fluctuations in operating asset and liability accounts was from the net loss from continued operations, the increase in prepaid expenses and other assets, offset by the net effect of normal fluctuations in operating asset and liability accounts.

      Cash provided by investing activities was $47,613, and $24,243 in the year ended June 30, 2004 and 2003, respectively. During the current year, the Company purchased $14,210 in fixed assets and $125,050 of marketable securities. The Company sold $153,684 of marketable securities in the fiscal year ended June 30, 2004 compared to $24,243 in the prior period.

      Cash provided by financing activities was $2,106,307 and $835,010 for the years ended June 30, 2004 and 2003, respectively. This was primarily from proceeds from sale of common stock, proceeds from exercise of stock options, and borrowings on notes payable offset by payments on notes payable and payments on advances from officer.

      LOANS AND PROMISSORY NOTES

      CONVERTIBLE PROMISSORY NOTES

      During the year ended June 30, 2003, $425,000 of convertible promissory notes and accrued interest and other fees of $447,494, totaling $872,494, were converted to 363,637 shares of Company`s common stock. The market value of the stock issued for the conversion was calculated and a gain of $472,420 resulted from this note conversion was recorded as a gain on conversion of notes in the accompanying financial statements. In addition, 8,726,425 shares of the Company`s common stock were issued to exercise the repricing warrants relating to the notes converted.

      During the year ended June 30, 2004, $1,100,000 of the notes and accrued interest of $2,558,156 totaling $3,658,156, were converted to 21,019,177 shares of Company`s common stock valued at $3,138,833. The market value of the stock issued for the conversion was calculated and a gain of $519,323 resulted from this note conversion was recorded as a gain on conversion of notes in the accompanying consolidated financial statements. Other fees generated from the conversion of these notes of $47,363 were recorded as penalty and premium expense in these consolidated financial statements. In addition, 536,636 shares of the Company`s common stock were issued to exercise the repricing warrants relating to the notes converted. As of June 30, 2004, all of the convertible notes and related interest had been converted.

      PROMISSORY NOTES:

      As of June 30, 2004, the Company has notes payable to International Mercantile Holding amounting $196,111. The notes are due in the year ended June 30, 2006. The Notes carries an interest rate equal to Labor plus 1%.

      In connection with the acquisition of Atlantis Career College, the company assumed two notes payable to the former owner of the College. The notes are unsecured, interest free and are due one year and one day from demand. As of June 30, 2004, the balance of these notes totals $154,303.

      As of June 30, 2004, the Company has notes payable amounting $3,087 against acquisition of an automobile. The note is secured by the auto, carry interest rate of 8.5%. The entire note is due by December 31, 2004.

      SHORT TERM NOTES PAYABLE:

      As of June 30, 2004, the Company has consolidated short term notes payable amounting $1,224,857 and accrued interest of $209,994. The notes are due to various parties, payable in the year ended June 30, 2005 and bear interest rate ranging from 6% to 34% per annum. Included in this amount is the note payable to the former owners of ATC Technology Corp. amounting to $284,059.

      DUE TO PREFERRED STOCKHOLDERS AND OTHER CURRENT LIABILITIES:

      The Company has classified $215,000 of preferred stock subscribed as a current liability payable to holders of preferred stock due to non compliance of preferred shares subscription agreement.

      The dividend amount payable to holders of preferred stock amounting $108,655 at June 30, 2004 has been classified as other current liabilities.

      COMPANY`S PLAN OF OPERATION FOR NEXT 12 MONTHS

      After the divestiture of its Diva subsidiaries in June 2000 and the discontinuance of its securities brokerage operations in October 2000, we have restructured and updated our primary scope of business to focus on the following areas: (1) PHI Technologies, (2) PHI Financial services, (3) PHI International markets, and (4) PHI Special Situations.

      1) PHI Technologies:

      ATC TECHNOLOGY CORP.

      On October 6, 2003, the Company completed the acquisition of 100% of ATC Technology Corp. in exchange for $500,000 non-interest bearing notes and 4,000,000 shares of restricted common stock of the Company. ATC Technology Corporation, established in 2001 as an Arizona corporation, manufactures mobile entertainment products, including VidegoTM, GamegoTM and MoviegoTM. The VidegoTM, winner of the prestigious 2001 Innovation Engineering and Design Award from IDSA (Industrial Designers Society of America), is one of the finest and affordable car theater systems available to consumers. With its wireless viewing monitor, which attaches easily to the back of any automobile headrest, the patent-pending VidegoTM system provides consumers with the highest quality DVD and Video players and hours of entertainment while traveling.

      Launched in 2002, the GamegoTM gives people of all ages the opportunity to play video games in the car, RV, SUV, van or boat by connecting our product to an existing Microsoft X-BoxTM, Sony Playstation2TM, or Nintendo GamecubeTM. Like the VidegoTM, the GamegoTM also has a viewing monitor which attaches easily to the back of any automobile headrest. Though ATC`s products were sold through major retailer chains such as Wal-Mart, Sears, KB Toys, this company has decided to change its focus of business to a more attractive industry.

      PHI declared and distributed 20% share dividends of ATC Technology Corp. to PHI`s shareholders of record as of June 30, 2004 and currently holds 80% equity ownership in ATC. ATC Technology Corp. is in the process of filing with the appropriate regulatory agencies to become a fully-reporting public company and intends to acquire a viable business in exchange for a portion of its common shares.

      On June 11, 2004, ATC Technology Corp. signed an agreement to acquire 96% of LifeTech Scientific, Inc., a Chinese corporation located in Shenzhen, China, which is engaged in the manufacturing of medical products, in exchange for 70% of the issued and outstanding shares of ATC at the time of closing. The closing date is targeted to occur by December 31, 2004, subject to satisfactory due diligence review by both ATC and LifeTech Scientific, Inc. As of the date of this report, this transaction has not closed. ATC may seek another acquisition candidate besides LifeTech Scientific.

      CLEARPASS SYSTEMS, INC.

      On November 20, 2002 the Company entered into an agreement to acquire 51% of the outstanding common stock of Clear Pass, Inc., a Nevada corporation, in exchange for $1,500,000 and 3,000,000 shares of restricted common stock of the Company. Under an agreement with PASS21 Co, Ltd., a Korean corporation, Clear Pass had the licensing rights to distribute and market PASS21 Co.`s biometric products in the US, Canada and Europe. Besides a total of $175,500.00 investment into Clear Pass, the Company issued 3,000,000 shares of restricted common stock of the Company and a promissory note in the amount of $1,324,500 to Clear Pass, Inc. This agreement between Clear Pass and the Company was rescinded on May 9, 2003. The Company had received 3,000,000 shares of the Company`s restricted common stock back from Clear Pass, Inc. and cancelled the $1,324,500.00 promissory note. Concurrently, the Company set up a new wholly-owned subsidiary under the name of ClearPass, a DBA of Providential Holdings, Inc., to operate as a systems integrator and provider of total biometric security and access management solutions. On March 26, 2003 the Company signed a stock purchase agreement to acquire up to 51% of Real ID Technology Co, Ltd., a Korean corporation, and planned to market Real ID Technology`s biometric products through the ClearPass subsidiary. The stock purchase agreement with Real ID Technology was rescinded on August 26, 2003. This subsidiary was later incorporated as a Nevada corporation in February 2004 under the name of ClearPass Systems, Inc. but has only generated nominal revenues to date. ClearPass Systems intends to pursue a new merger or acquisition candidate by the end of FY 2005. Web site:
      www.clearpass.us

      TOUCHLINK COMMUNICATIONS, INC.

      A wholly-owned DBA of Providential Holdings, Inc, Touchlink Communications was formed on July 7, 2003 to provide point-of-sale (POS) terminals and prepaid calling cards to retailers, convenient storesand non-profit organizations across the US. Touchlink Communications signed an agreement with KAGRO (Korean American Grocer Association) to provide pre-paid services to its member stores in the US and Canada. This subsidiary was later incorporated as a Nevada corporation in February 2004 under the name of Touchlink Communications, Inc. to provide long distance services to residential and business customers in the United States. As of June 30, 2004 this subsidiary has generated $2,967 in revenues. The Company has declared a 15% stock dividend of Touchlink Communications, Inc. to shareholders of record as of September 15, 2004. Touchlink intends to expand its business among the ethnic markets in the US, enter into joint venture or strategic agreements with overseas partners, and acquire growing companies with strong potential for revenues and profitability in the communications and telecommunications industries. Web site: www.touchlinkcom.com

      TULON INDUSTRIES, INC.

      On September 10, 2004 the Company signed an agreement to acquire a 70% ownership of Tulon Pacific, LLC, an Irvine, California-based company that provides precision cutting tools and drilling solutions, for a $1.6 million combination of cash and a promissory note which may be converted into common shares of the Company in six months. This transaction has not closed as of the date of this report and has been extended to December 20, 2004. The Company plans to use Tulon Industries, Inc. as the new parent for Tulon Pacific, LLC. to grow the cutting tools and drilling solutions business both through internal growth and acquisition of profitable target companies in this industry. The Company has also made offers to acquire certain distribution assets from Bayview Financial and manufacturing assets from GE Capital to position Tulon Industries, Inc. as a major player in this industry.

      SMART BATTERY INTERNATIONAL, LTD.

      The Company has entered into a Memorandum of Intent Agreement with Smart Technologies & Investments, Ltd., a Hong Kong-based company with subsidiary factories located in mainland China, to acquire an interest in Smart Battery International, Ltd. (SBI).

      The principals of SBI, which manufactures the key chemical for an environmental remediation process that renders heavy metal non-leachable, have started a lead acid battery plant to produce full range of advanced AGM (absorbent glass mat), GEL (gel matrix) and liquid electric lead acid batteries. SBI will pioneer the application this unique heavy metal remediation process to the making of lead acid batteries to make them environmentally friendly.

      SBI has received 27x 40-foot container loads of advanced lead acid battery manufacturing equipment, which has a replacement value of over US$4,000,000 from the US, as part of the technology transfer process brought about by its US based partner. The highly automated equipment enables complete control of the battery making process from start to finish. This gives SBI an advantage over many of its local Chinese competitors who apply manual techniques, which can not guarantee quality specification consistently on some key battery making processes.

      The combination of the advanced US equipment and technology provides SBI the capability of producing top quality batteries at a competitive Chinese manufacturing cost base. The plant is designed to have a monthly production capacity of 25,000 pieces of 100Ah sized batteries. More details on our Plant Capacity are described at the end of this document.

      The new plant is located on 400,000 square feet of plant property, conveniently situated in the industrial city of Dong Guan, which boards the Hong Kong metropolitan. SBI factory has received the extremely coveted environmental permit to allow us fully integrated production from lead plate casting to final battery assemblies, on site. Its advanced waste water treatment facilities and bag house air filtering systems are part of our measures to be an environmentally responsible manufacturer.

      This vertically integrated process allows complete control of the battery production quality according the most efficient logistic flow within the same production premise.

      SBI plant is also completed with its own power generators, production water purification center as back up to power and water outages now frequent in most part of China. This self sufficiency is critical in ensuring reliable production schedule in meeting customers` demands.

      The Company intends to start investing into SBI in early 2005 and take SBI public in the future.

      2) PHI Financial services:

      The Company will continue to develop its financial services portfolio by building, acquiring and investing into companies that operate in this area, including M&A consulting services, investment advisory services, and banking and insurance services.

      PROVIDENTIAL CAPITAL, INC.

      In May 2003, the Company formed a wholly-owned subsidiary under the name of Providential Capital, a DBA company, to provide merger and acquisition advisory services for the micro-small cap arenas and manage the Company`s proprietary merger and acquisition activities. Providential Capital has mainly focused its attention on the underserved segment of smaller companies in the U.S. and abroad. This subsidiary was later incorporated as a Nevada corporation on September 23, 2004.

      Providential Capital has successfully managed merger plans for several private and publicly-traded companies. This subsidiary currently works with a number of target companies in the US, China, Korea, and Vietnam.

      3) PHI International markets:

      We currently focus on opportunities in China, Korea, and Vietnam. These are the areas where we have most intimate knowledge and working relationships.

      PROVIMEX, INC.

      Provimex is a wholly-owned division of the Company originally formed on April 10, 2001 under the name "Providential Imex", to focus on trade commerce with Vietnam. This division changed its name to Provimex on July 5, 2001. Provimex only began to generate revenues from its import and export activities since August 2002. For the fiscal years ended June 30, 2003 and June 30, 2004, this division recorded $61,800 and $101,855.70 in sales, respectively. This subsidiary was later incorporated as a Nevada corporation on September 23, 2004. Web site: www.provimex.us. The Company has declared a 15% stock dividend of Provimex, Inc. to shareholders of record as of September 15, 2004.

      PROVIMEX-HTV JOINT VENTURE COMPANY, LTD.

      On October 18, 2004 the People`s Committee of Ho Chi Minh City, Vietnam approved the joint venture application by the Company and HTV, Ltd., a Vietnam-based company, to form a Joint Venture company under the name of Provimex-HTV Joint Venture Company, Ltd. This joint venture company will primarily focus on providing equipment and liquid gas to high rise buildings and premium residential housings in Vietnam. The Company will own 80% equity in the joint venture company. Operations are expected to begin in early 2005.

      INTERNATIONAL CENTER FOR TRAINING AND CONSULTING, VIETNAM`S MINISTRY OF TRADE

      International Center for Training and Consulting (ICTC) is an organization under the Ministry of Trade of Vietnam that promotes economics, trade, investment and training activities between Vietnam and foreign entities. PHI and ICTC signed an agreement in March 2001 to cooperate in the areas of trade, economics, and technology. ICTC is responsible for representing PHI in connection with appropriate Vietnamese organizations, businesses, and individual businessmen and investors in Vietnam. ICTC will also perform consulting services and provide information on various economic, trade and investment projects as may be required by PHI. Fees between the parties will be negotiated on an as project basis. PHI intends to maintain its relationship and explore new business opportunities with ICTC. PHI plans to work closely with ICTC beginning December 2004 to provide management consulting and Merger and Acquisition advisory services to various companies in Vietnam.

      CHU LAI OPEN ECONOMIC ZONE, QUANG NAM PROVINCE, VIETNAM

      The Company has entered into an agreement with Chu Lai Open Economic Zone (the "Chu Lai Zone") Authority, Quang Nam Province, Central Vietnam, to develop this industrial and export processing zone.

      Chu Lai is centrally located near three Southeast Asian nations and is convenient to Vietnam`s Highway One, the Trans-Viet Railroad, an international port suitable for ocean-going ships and a major airport. Part of the overall plan that includes 27,000 acres, the North Chu Lai Industrial Zone has set aside 740 acres for facilities engaged in automobile parts, paper products, agricultural, maritime and forest products, consumer electronics, leather and footwear manufacturing, food and beverage operations and glassware and crystal fabrication.

      Foreign investment entities approved for development projects in the Chu Lai Industrial Zone enjoy opportunities to lease land at $0.001 per square foot/year, to secure 50-year leases renewable for 20 years, plus exemptions from national and provincial land use taxes, a 10-year income-tax holiday, and exemptions from export taxes from two to four years, based on the size of the investment made.

      The Company plans to be the manager organizing the different companies that will operate their businesses at this location. The Company plans to cooperate with CDI, Co., a Vietnamese company based in Tam Ky, Quang Nam Province, to co-develop housing projects within the Open Economic Zone.

      CENTER OF TELECOM TECHNOLOGY, VIETNAM

      Center of Telecom Technology (CTT) is an organization under the National Center for Natural Science and Technology of Vietnam. Established in 1990, CTT`s mission is to recruit and develop professionals in the areas of electronics, telecommunications, and information technology and to provide related products based on advanced technologies. One of CCT`s largest customers is the Vietnamese Postal and Telecommunications Services. CTT also focuses on rural telecommunications in Vietnam.

      On March 23, 2002, the Company entered into a Memorandum of Agreement and Principle Contract with the Center of Telecom Technology (CTT), Vietnam to cooperate in the areas of wireless access networks, consultancy services and other business ventures in Vietnam. The two parties will collaborate to form a joint venture enterprise or strategic alliances with appropriate Vietnamese entities to provide wireless access services to consumers, businesses and government organizations throughout Vietnam. The Company intends to capitalize on this relationship and seeks new business opportunities for ClearPass Systems and Touchlink Communications as well.

      4) PHI Special situations:

      By Special Situations we mean special opportunities that may generate significant value for our shareholders. The Company will continue to identify, evaluate and participate in such opportunities in the near term. Transactions falling under this category do not necessary fit into our technologies, financial services or international market initiatives.

      IRVINE COLLEGE OF MEDICAL SCIENCES, INC.

      On December 19, 2003, the entered into a Stock Purchase Agreement with Irvine College of Medical Sciences, Inc., a California corporation, ("the College") to acquire 51% of the College`s common stock for an aggregate purchase price of $314,437, which was paid with $80,000 in cash and 1,116,369 shares of the Company`s common stock. The Company has declared 15% stock dividends of Irvine College of Medical Sciences, Inc. to shareholders of record as of August 31, 2004. As of the date of this report, these dividend shares have not been distributed to the referenced shareholders of records. The Company plans to assist the College in its acquisition plan in the US and also to establish its presence in other parts of the world.

      FINANCIAL PLANS

      Management has taken action and is formulating additional plans to strengthen the Company`s working capital position and generate sufficient cash to meet its operating needs through June 30, 2005 and beyond. Among the actions to be taken, the Company intends to raise additional capital from the US and international markets and is currently in the process of attaining additional financing. In addition, the Company also anticipates generating more revenue through its proposed mergers and acquisitions. No assurances can be made that management will be successful in achieving its plan.
      Avatar
      schrieb am 27.11.04 09:19:50
      Beitrag Nr. 37 ()
      Hallo Freunde.
      Bei Edgar gibt es sogar noch mehr Text.
      Das Filing will gar kein Ende nehmen.
      Kein Wunder, dass es so lange gedauert hat.

      http://edgar.sec.gov/Archives/edgar/data/704172/000070417204…
      Avatar
      schrieb am 07.12.04 05:59:07
      Beitrag Nr. 38 ()
      Providential Holdings Launches Vietnam-Based Joint Venture Subsidiary Provimex-HTV
      12/6/04


      HO CHI MINH CITY, VIETNAM, Dec. 06, 2004 (MARKET WIRE via COMTEX) --
      Providential Holdings, Inc. (OTC BB: PRVHE) (Berlin Stock Exchange and Frankfurt Stock Exchange: PR7 - WKN 935160) (www.phiglobal.com), a diversified holding company which currently focuses on mergers and acquisitions services, cutting tool busines
      ses, and international markets, announced today that its majority-owned joint venture Provimex-HTV (www.provimex-htv.com) is holding a special event to inaugurate the launching of this subsidiary at 10:00 AM, December 7, 2004 at the Marriott Renaissance Riverside Hotel, 8-15 Ton Duc Thang Street, District 1, Ho Chi Minh City, Vietnam.

      Attendance at this grand opening will include distinguished representatives from the local governments such as the People`s Committee of Ho Chi Minh City and Phu Nhuan District; leaders from various companies and industries such as Intresco, Vinaconex, Cholimex; key suppliers and customers such as REE, Vietnam Land SSG, Hoang Le Construction Co.; and members of the media.

      Provimex-HTV specializes in providing centralized gas systems that are safe, convenient, and cost-effective to residential and commercial buildings.

      Van Thanh Dinh, President and Chief Executive Officer of the joint venture, commented: "Since 1999, HTV has been the leader in importing and installing automatic gas extraction systems serving factories in both Southern and Northern Vietnam. We were the very first company in Vietnam to import and install gas alternatives to previous antiquated methods."

      In 2003, HTV signed a contract with UDIC, Ministry of Construction, to institutes a centralized gas system for luxury apartment homes at 27 Huynh Thuc Khang, Hanoi. This apartment was built as a pilot project that later received an outstanding commendation from the building inspection agencies and the Fire Department of the Ministry of Public Security in Hanoi.

      In 2004, HTV signed a contract with INTRESCO, a subsidiary of General Corporation of Construction, for the first residential building in Ho Chi Minh City to be equipped with the product. HTV is also anticipating the commencement of work on the Saigon Pearl building project with 2,000 apartment units as well as other new sites in Can Tho and Rach Gia in the Mekong Delta as well as other regions of Vietnam in 2005.

      Vietnam economic indicators show that building construction will continue a rapid pace of growth in the foreseeable future. The Company believes that the continuance of this proliferation will greatly benefit Provimex-HTV business.

      About Providential:

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, cutting tools, and investment opportunities in international markets. The Company acquires and consolidates special avenues in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.

      Safe Harbor:

      Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company`s actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company`s ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.

      These and other risks are identified in the company`s SEC filings and should be considered in evaluating the forward-looking statements made herein.

      Contact: Providential Holdings Timothy Pham 714-843-5456 www.phiglobal.com Provimex-HTV Van T. Dinh 849-1390-5775 www.provimex-htv.com

      SOURCE: Providential Holdings, Inc.


      Copyright 2004 Market Wire, All rights reserved.
      Avatar
      schrieb am 08.12.04 14:03:57
      Beitrag Nr. 39 ()
      FROM KNOBIAS HEADLINES ON THE OTCBB PAGE
      Providential Holdings Held Ceremony For New Unit in Ho Chi Minh City

      WEDNESDAY, DECEMBER 08, 2004 01:58 AM

      Dec 8, 2004 (financialwire.net via COMTEX) --(FinancialWire) Providential Holdings, Inc. (OTCBB:PRVHE; OTCBB: PRVH) said that its majority-owned joint venture Provimex-HTV (www. provimex-htv .com) held a special event to inaugurate the launching of this subsidiary yesterday at the Marriott Renaissance Riverside Hotel, 8-15 Ton Duc Thang Street, District 1, Ho Chi Minh City, Vietnam.

      Attendance at this grand opening included distinguished representatives from the local governments such as the People`s Committee of Ho Chi Minh City and Phu Nhuan District; leaders from various companies and industries such as Intresco, Vinaconex, Cholimex; key suppliers and customers such as REE, Vietnam Land SSG, Hoang Le Construction Co.; and members of the media.

      Provimex-HTV specializes in providing centralized gas systems that are safe, convenient, and cost-effective to residential and commercial buildings.

      Van Thanh Dinh, President and Chief Executive Officer of the joint venture, commented: "Since 1999, HTV has been the leader in importing and installing automatic gas extraction systems serving factories in both Southern and Northern Vietnam. We were the very first company in Vietnam to import and install gas alternatives to previous antiquated methods."

      In 2003, HTV signed a contract with UDIC, Ministry of Construction, to institutes a centralized gas system for luxury apartment homes at 27 Huynh Thuc Khang, Hanoi. This apartment was built as a pilot project that later received an outstanding commendation from the building inspection agencies and the Fire Department of the Ministry of Public Security in Hanoi.

      In 2004, HTV signed a contract with INTRESCO, a subsidiary of General Corporation of Construction, for the first residential building in Ho Chi Minh City to be equipped with the product. HTV is also anticipating the commencement of work on the Saigon Pearl building project with 2,000 apartment units as well as other new sites in Can Tho and Rach Gia in the Mekong Delta as well as other regions of Vietnam in 2005.

      Vietnam economic indicators show that building construction will continue a rapid pace of growth in the foreseeable future. The Company believes that the continuance of this proliferation will greatly benefit Provimex-HTV business.

      Providential Holdings is enrolled in Investrend Research`s unique and pioneering professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following. Enrollment in standards-based research is an important measure of a company`s commitment to transparency and Good Governance.

      On March 1, 2004, Investrend Research analyst Mohammad Sharifzadeh, MBA, CFA, rated the company a "Speculative Buy / 4," saying the company had "managed to establish a diversified holding of businesses with qualified management."

      The Investrend Research program is the largest in the world and includes a number of safeguards to reduce or eliminate conflict. These systems, including media coverage and endorsements, may be accessed at http://www. investrendresearch. com

      Investrend Research subscribes to the "Standards for Independent Research Providers" at http://www. firstresearchconsortium. com, and adheres to the Guidelines for independent providers jointly endorsed by the National Investor Relations Institute (http://www. niri. org) and the CFA Institute (http:// www. aimr .org).

      The Dow Jones Newswires has stated that independent research has been growing in credibility over the past 18 months, specifically citing Investrend Research, and the New York Times has reported a survey by Charles Schwab & Co. reveals an astonishing 78 percent of active stockholders now "value research from independent firms over analysis by Wall Street firms with financial ties to the companies they are rating." A survey at Investopedia reveals that 74.7% of investors say that "legitimate fee-based research is objective and useful," and 70.9% say that a company that enrolls for "legitimate fee-based research is making a positive statement about its investment potential."

      Enrollment fees for Institutional coverage were $23,400, and the fees were paid by the company. There is an open invoice which is being negotiated. There are never any fees associated with FinancialWire, which independently covers a wide range of corporate news, including but not limited to those that are or have been enrolled in Investrend`s platforms.

      Complete information about any company enrolled in an Investrend shareholder empowerment platform, including those of its affiliates and independent analysts and webcasters, including disclosures and disclaimers, is available at the company`s InvestorPower page at http://www. investrend. com/company /list.asp?sPathParam=yes , and on each report and press release, and investors are advised to read those disclosures carefully before trading in the equities of any enrolled company.

      For up-to-the-minute news, features and links click on http://www. financialwire. net

      FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www. investrend. com/ contact.asp

      Listen to StreetSignals" (Investrend "ON-THE-AIR") "live" Saturdays from 9 p.m. to 10 p.m. on Business TalkRadio Network stations coast-to-coast, or right now on the web at http://www. StreetSignals. com

      The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: http://www. investrend. com/XmlFeeds?level=268

      http://www. financialwire .net

      (C) 2004 financialwire.net, Inc. All rights reserved.
      Avatar
      schrieb am 15.12.04 12:43:57
      Beitrag Nr. 40 ()
      Providential Holdings Announces Quarterly Operating Results and Provides Earnings Guidance
      HUNTINGTON BEACH, CA - MARKET WIRE - 12/15/04

      Providential Holdings, Inc. (OTC BB: PRVHE); (Berlin: PR7, WKN 935160), www.phiglobal.com, today announces the operating results for the first quarter ended September 30, 2004, and expects to return to profitability for the quarter ending December 2004.

      Total revenues were $267,851 and $4,440,000 for the three months ended September 30, 2004, and 2003, respectively. Revenues for the current period consist of $204,250 in advisory and consulting fees, $20,478 in sales and $43,123 intuition compared to $4,440,000 consulting fees for the comparable period in the prior fiscal year. The Company did not consummate any new merger transactions during the September quarter, which resulted in the decrease in the advisory fees. The increase in sales and tuition are due to the acquisition of several new subsidiaries.

      Total general and administrative expenses were $180,277 and $94,227 for the three months ended September 30, 2004, and 2003, respectively. The increase is primarily due to the increased activity of the Company and the acquisition of the subsidiaries. Professional services were $263,296 and $995,212 for the comparable periods.

      Interest expense was $173,430 and $168,272 for the three months ended September 30, 2004, and 2003, respectively. During the three months ended September 30, 2004, and 2003 the Company recorded a gain of conversion of notes of $20,392 and $77,472. In addition, one of the subsidiaries recognized a gain of $29,181 from the recovery of bad debts during the three months ended September 30, 2004.

      Net loss for the three months ended September 30, 2004 was $515,274, compared to a net income of $3,179,062 for the same period in 2003, which is equivalent to ($0.00) per share versus $0.05 per share, respectively, based on the weighted average number of basic and diluted shares outstanding. The difference is primarily attributed to the activity in several subsidiaries acquired previously and the merger facilitated in the prior year.

      In spite of the net loss for the last quarter, the outlook for the Company remains positive, both in the near term and the long term. The Company expects to return to profitability for the quarter ending December 2004. The Company continues to focus on managing for enduring long-term shareholder value and is currently taking measures to grow aggressively in areas with high returns on equity and competitive advantage.

      Following the filing of the quarterly report with the SEC, the Company`s trading symbol will revert to "PRVH" in the next few days.

      About Providential:

      Providential Holdings (www.phiglobal.com) and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.

      Safe Harbor

      Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company`s actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company`s ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.

      These and other risks are identified in the company`s SEC filings and should be considered in evaluating the forward-looking statements made herein.
      Avatar
      schrieb am 15.12.04 18:57:57
      Beitrag Nr. 41 ()
      Huntington Beach, Ca -- (market WIRE) -- Dez 15, 2004 -- Providential Holdings, Inc. (OTC BB:PRVHE.OB - Nachrichten); (Berlin: PR7, WKN 935160), erwartetwww.phiglobal.com, verkündet heute das Betriebsergebnis für das erste beendete Viertel September 30, 2004 und, zur Rentabilität für das Viertelende Dezember 2004 zurückzugehen.

      REKLAMEANZEIGE
      Gesamteinkommen waren $267.851 und $4.440.000 für die drei Monate beendeten September 30, 2004 und 2003, beziehungsweise. Einkommen während der gegenwärtigen Periode bestehen aus $204.250 in den beratenden und beratenen Gebühren, $20.478 in den Verkäufen und der Intuition $43.123, die mit $4.440.000 beratenen Gebühren während der vergleichbaren Periode im vorherigen steuerlichen Jahr verglichen wird. Die Firma führte keine neuen Fusionverhandlungen während des September Viertels durch, das die Abnahme an den beratenden Gebühren ergab. Die Umsatzsteigerung und der Unterricht liegt am Erwerb einiger neuer Tochtergesellschaften.

      Allgemeine und totalverwaltungskosten waren $180.277 und $94.227 für die drei Monate beendeten September 30, 2004 und 2003, beziehungsweise. Die Zunahme liegt an der erhöhten Tätigkeit der Firma und am Erwerb der Tochtergesellschaften hauptsächlich. Professionelle Dienstleistungen waren $263.296 und $995.212 während der vergleichbaren Perioden.

      Interesse Unkosten waren $173.430 und $168.272 für die drei Monate beendeten September 30, 2004 und 2003, beziehungsweise. Während der drei Monate beendet September 30, 2004 und 2003 notierte die Firma einen Gewinn der Umwandlung der Anmerkungen von $20.392 und von $77.472. Zusätzlich erkannte eine der Tochtergesellschaften einen Gewinn von $29.181 von der Wiederaufnahme von Risikokrediten während der drei Monate beendet September 30, 2004.

      Reinverlust für die drei Monate beendet September 30, 2004 war $515.274, beziehungsweise verglichen mit einem Reineinkommen von $3.179.062 während der gleichen Periode 2003, dem bis ($0.00) pro Anteil gegen $0.05 pro Anteil gleichwertig ist, basiert auf der belasteten durchschnittlichen Zahl den grundlegenden und verdünnten ausgegebenen Aktien. Der Unterschied wird hauptsächlich der Tätigkeit in einigen Tochtergesellschaften erwarb vorher und die Fusion zugeschrieben, die im vorherigen Jahr erleichtert wird.

      Trotz des Reinverlustes während des letzten Viertels, bleibt die Aussicht für die Firma, in naher Zukunft und die lange Bezeichnung positiv. Die Firma erwartet, zur Rentabilität für das Viertelende Dezember 2004 zurückzukommen. Die Firma fährt fort, auf das Handhaben für das Aushalten des langfristigen Aktionärwertes zu konzentrieren und ergreift z.Z. Maßnahmen, in den Bereichen mit hohen Eigenkapitalrentabilitäten und Wettbewerbsvorteil konkurrenzfähig zu wachsen.

      Nach der Archivierung des vierteljährlichen Reports mit der sek, schaltet das handelnde Symbol der Firma "PRVH" an den nächsten Tagen um.
      Avatar
      schrieb am 17.12.04 16:40:09
      Beitrag Nr. 42 ()
      Providential Holdings Completes Merger and Arranges $5 Million Funding for Mirae Tech Co.
      HUNTINGTON BEACH, Calif.

      Providential Holdings
      Timothy Pham, 714-843-5456
      www.phiglobal.com

      Providential Holdings, Inc. (OTCBB:PRVH) (www.phiglobal.com), a diversified holding company which currently focuses on mergers and acquisitions services, cutting tool business, and international markets, announced today that the Company has assisted Mirae Tech Co., a Korean corporation, to complete its merger plan with Rapid Bio Tests Corporation, a Nevada corporation, (OTCBB:BOWC) and has successfully arranged a $5 million funding for the new combined company.

      Mirae Tech Co. is engaged in the research and development and production of electrical energy and environment-related products. This company holds several international and domestic patents and produces electric conductive textile heating panel, mat, wall paper, laminated floor paper, sauna, negative potential plate, negative ion plate, fomenting machine and noise-related products like acoustic absorbent, soundproofing materials, etc. that are known to protect the environment and enhance people`s life quality.

      Providential Holdings will be receiving a fee for the services rendered.

      Providential currently expands its M&A services in Southeast Asia and will be holding seminars on corporate growth and capitalization in Ho Chi Minh City and Tam Ky, Quang Nam Province, Vietnam on Dec. 20 and 21, 2004, respectively.

      About Providential:

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.
      Avatar
      schrieb am 03.01.05 10:51:25
      Beitrag Nr. 43 ()
      Providential Holdings Resumes Trading Status and Announces Corporate Update
      HUNTINGTON BEACH, CA - MARKET WIRE - 01/03/05

      Providential Holdings, Inc. (OTC BB: PRVH) (Berlin: PR7, WKN 935160), www.phiglobal.com, resumes its normal trading symbol "PRVH" effective today, as a result of its current filing status with the SEC, and issues an update on the Company`s operating plan.

      The Company has taken steps to increase its M&A advisory activities in the US, China, Korea and Vietnam. During the month of December 2004, the Company successfully assisted Mirae Tech Company, a Korean corporation, in its business combination plan with Rapid Bio Tests Corp, a fully reporting publicly traded company. We also co-hosted seminars with the International Center for Training and Consulting under the Ministry of Trade in Ho Chi Minh City and with Chu Lai Development and Investment Company in Tam Ky, Vietnam, to provide consulting and M&A advisory services to Vietnamese businesses. We have negotiated with several potential M&A clients and targets in Vietnam as well as in the US and are hopeful that we will be able to consummate one or more transactions during the current quarter. We will be reporting revenues for the services rendered in connection with these transactions as they occur.

      We have extended our transaction with Tulon Pacific and will continue working diligently to conclude this acquisition as soon as possible and grow the cutting tool business as an important component of our portfolio.

      Due to some constraints beyond the Company`s control, we were unable to send out the share dividend distributions from some of our subsidiaries before the end of December 2004 as previously planned. However, we are currently coordinating with the related parties to finish these distributions as quickly as possible. We believe it is extremely important to formulate appropriate strategies to create value for these spin-offs and take them public to provide liquidity for our shareholders. Though it has taken longer than anticipated, we will continue pressing forward to accomplish these goals.

      Our majority-owned Provimex-HTV Joint Venture Company, which focuses on providing cooking gas and related gas supply equipment to high rise buildings and premium housings in Vietnam, has landed several sizable contracts and will start operation this quarter.

      We will continue to work with Smart Technologies & Investments, Ltd., a Hong Kong-based company with subsidiary factories located in mainland China, to acquire a substantial interest in Smart Battery International, Ltd., a battery manufacturing company using an environment-friendly technology.

      While we strongly believe that the Company has a tremendous upward potential in the long run, we want to caution our readers that investing in our company, or any company on the OTCBB or the Pink Sheets for that matter, can be very risky and such an investment may not be suitable for everyone. Actual results may take longer to materialize or differ materially from those projected due to unforeseen circumstances.

      Our commitment is to manage for enduring long-term shareholder value and focus more on areas with high returns on equity and competitive advantage.

      About Providential:

      Providential Holdings (www.phiglobal.com) and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
      Avatar
      schrieb am 27.01.05 16:27:26
      Beitrag Nr. 44 ()
      Providential Holdings Assists ZeroMicron in Growth Strategy
      Thursday January 27, 7:33 am ET
      Transaction to Add Significant Value for Both Companies

      HUNTINGTON BEACH, CA--(MARKET WIRE)--Jan 27, 2005 -- Providential Holdings, Inc. (OTC BB:PRVH.OB - News) (Berlin: PR7) (WKN 935160), www.phiglobal.com, through its wholly owned subsidiary, Providential Capital, Inc., has entered into an agreement to provide merger and acquisition advisory services to ZeroMicron, Inc., a California corporation (www.zeromicron.com). This transaction is expected to add revenues for the Company in form of consulting income and equity ownership.



      ADVERTISEMENT

      Providential will provide turnkey solutions to assist ZeroMicron in refining its growth strategy to increase shareholder value for both companies. ZeroMicron intends to execute a business combination plan to become a fully reporting publicly traded company in the near future with the Company`s assistance. In addition, the Company will arrange a minimum of $5 million funding for ZeroMicron to grow its business.

      About ZeroMicron:

      As an R&D company in wafer polishing technology, ZeroMicron has been in business for 4 years in the CMP (Chemical-Mechanical Processing) market. As significant advancements in the semiconductor industry demand new technologies to be developed, the company holds many technology patents for both commercial and defense arenas. Its application template designs are pervasive in several industries, such as manufacturing components for medical, aero-space, military, optical network, computer disk media, and communication devices that require close control of tolerance, thickness, flatness, parallelism, and finishing surface. Their design can fit on any existing polishing equipment with superiority in speed, temperature, pressure and uniformity.

      ZeroMicron is a superior R&D player in its field. The company has constant profit and revenue growth since its inception. As a wafer polishing specialist in the global wafer processing playground, ZeroMicron has obtained product acceptance by several semiconductor power houses and assisted in the development of environment-friendly thin wafer production. Oftentimes, its products exceed all current SEMI standards by at least 30%, offer yield increase, ease production planning, and down-time reduction up to 40% while eliminating costly catastrophic blowouts and wipeouts that are currently traumatizing the silicon wafer polishing.

      According to Francis Nguyen, President of ZeroMicron, with " ZM Exact Production Formula" (EPF), its templates and gears can be customized to specific applications and can also be designed to process different shapes and sizes of materials. ZeroMicron products have achieved 100% yield for the wafer polishing industries versus the current typical yield of 60%. Michael Smith, VP of sales, expects a substantial increase in sales revenue in 2005 from its innovative products.
      Avatar
      schrieb am 31.01.05 18:58:51
      Beitrag Nr. 45 ()
      Press Release Source: Providential Holdings, Inc.


      Providential Holdings to Acquire Majority Interest in Korean Manufacturer of Wireless Communication Equipment
      Monday January 31, 9:01 am ET
      Acquisition Expected to Be Accretive to Earnings


      HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Jan. 31, 2005-- Providential Holdings, Inc. (OTC BB: PRVH.OB - News) (Berlin: PR7 - News; WKN 935160), www.phiglobal.com, has entered into a letter of intent to acquire a 51% equity interest in RF Korea, Inc. (www.rfkorea.com), a Korean company engaged in the manufacturing and marketing of wireless communication equipment.
      According to the letter of intent, Providential will pay RF Korea $1.5 million in cash and a $5 million non-interest bearing note due and payable six months after closing. Providential will also assist in bringing RF Korea public in the US and arranging a $10 million funding to grow its business. The consummation of this transaction is subject to further due diligence review, the signing of a definitive agreement by February 21, 2005, and the approval of the board of directors of both companies.

      RF Korea`s revenues were $19.7 million for 2004 and are expected to top $27 million for 2005 with net profits of approximately 18-20 percent of sales.

      RF Korea, Inc.`s products and services include broadcast systems, high frequency signal generators and amplifiers, high frequency transmitting and receiving modules and electrical transmission parts for other communication equipment, optical sensors, installation and maintenance of communication equipment, and exports and imports of wireless communication equipment. RF Korea`s major customers include Singapore Technologies Electronics, Ltd., SK Telecom (www.sktelecom.com), and KTF (www.ktf.co.kr).

      For further information about RF Korea, please visit: www.rfkorea.com

      About Providential:

      Providential Holdings (www.phiglobal.com) and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.

      Safe Harbor:

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the " safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



      --------------------------------------------------------------------------------
      Contact:
      Providential Holdings
      Timothy Pham, 714-843-5456
      http://www.phiglobal.com



      --------------------------------------------------------------------------------
      Source: Providential Holdings, Inc.
      Avatar
      schrieb am 07.02.05 22:18:38
      Beitrag Nr. 46 ()
      wer kann bitte helfen , da ich kein englisch kann und die übersetzungs - software hilft auch nicht weiter .

      um was geht es hier , bitte spart euch eure dummen sprüche , vielen dank sagt der engel

      http://www.sec.gov/Archives/edgar/data/704172/00011409050500…
      Avatar
      schrieb am 07.02.05 22:26:23
      Beitrag Nr. 47 ()
      ..grob gesagt würde ich sagen...du kannst ab jetzt hoffen immer pünktlichere Quartalsberichte zu kriegen:D:D:D:D

      gruß
      power_I
      Avatar
      schrieb am 07.02.05 22:27:41
      Beitrag Nr. 48 ()
      :confused:
      Avatar
      schrieb am 07.02.05 22:35:41
      Beitrag Nr. 49 ()
      da danke auch:mad:

      und was sollen sie 14,000,000 st zu $0.084 bedeuten

      haben die neue Aktien ausgegeben oder was :confused::confused:

      finde es sehr schön , wenn man eine frage hat das man so eine antwort bekommt .

      zumal ich einer der langhalter bin , über 1 jahrrrrrrrrrrr

      na danke auch
      :cry::cry:

      der traurige engel
      Avatar
      schrieb am 23.02.05 16:19:54
      Beitrag Nr. 50 ()
      Southridge Capital Management LLC Managed Funds Provide Up to $10 Million Financing to Providential Holdings Inc.
      RIDGEFIELD, Conn. - PRNewswire - Feb. 23
      RIDGEFIELD, Conn., Feb. 23 /PRNewswire/ -- Southridge Capital Management LLC (" Southridge" ), a private investment firm that provides investment capital to small and microcap companies, is pleased to announce a financing facility of up to $10 million between funds it advises and Providential Holdings, Inc. (BULLETIN BOARD: PRVH) (http://www.phiglobal.com/)" target="_blank" rel="nofollow ugc noopener">http://www.phiglobal.com/)

      Providential Holdings is provider of international management advisory services to companies that are located or operate in the Pacific Rim. As a fee, the Company takes a minority ownership interest in the partner-client company and can earn substantial profits if the portfolio company is successful in its operations. In addition, the company manufactures, in North America, cutting tools used in printed circuit boards and wireless communications equipment sold worldwide.

      Henry Fahman, Chief Executive Officer of Providential Holdings, stated " we are pleased to have partnered with Southridge in this financing. We searched for an experienced, institutional partner who can meet every challenge and be there every step of the way with us. We plan to leverage our expertise in Asia, and we view this Facility as a valuable tool in meeting our objectives."

      " We are excited about our relationship with Providential Holdings. We look to be a steady source of growth capital for a wide variety of needs including working capital, acquisitions and other requirements," said Stephen Hicks, Founding Principal at Southridge.

      About Southridge:

      Since its founding in 1996, Southridge advised funds have provided in excess of $1 billion in growth capital to emerging companies. Southridge is committed to funding companies with robust business models domestically and abroad.

      Southridge Capital Management LLC

      Web site: http://www.phiglobal.com/
      Avatar
      schrieb am 23.03.05 18:49:32
      Beitrag Nr. 51 ()
      Providential Holdings Appoints Experienced Educator to Head American International University

      HUNTINGTON BEACH, Calif., March 23, 2005 /PRNewswire-FirstCall via COMTEX/ -- Providential Holdings, Inc. (OTC Bulletin Board: PRVH; Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that Dr. Paul Eidson has been appointed as president of American International University, a wholly-owned subsidiary of Providential Holdings. American International University will primarily focus on offering online Bachelor and Master degree programs to students in the United States and abroad.
      Dr. Eidson most recently served as the vice president of academic affairs and dean of the college of business for Apollos University, which offers online programs in Bachelors and Masters degrees. At Apollos University, he directed the academic operations of an international educational services corporation. Dr. Eidson received his Doctorate in Philosophy from Capella University in Minneapolis, Minnesota, and has served as a professor and faculty member at Rutgers University, the University of Phoenix, Bethel College, and Brevard Community College. Additionally, he has served as an ROTC instructor at Princeton University and as a consultant and instructor for The Boeing Company`s Supplier Management University. Dr. Eidson has national and international business experience as director of subcontracts and program integration for Boeing where Dr. Eidson directed the NASA Systems` acquisition management functions and the strategic integration of program requirements into the division`s procurement process. Dr. Eidson has held various positions with Boeing including senior manager of the International Space Station supply management and procurement division and the manager of material management for the NASA Systems division. Dr. Eidson spent three years working as an international sales director for the United States government and as the program manager for various U.S. Air Force, Coast Guard, National Guard and Army Reserve acquisition programs.

      Henry Fahman, Chairman and CEO of Providential Holdings, stated, "We are very excited to have Dr. Eidson lead American International University. He is an experienced educator and an accomplished educational leader within top-tier universities in the U.S. Providential is moving forward to acquire Apollos University (http://www.apollos-university.org) in order to capitalize on the global trend toward online universities that offer greater flexibility and accessibility to education worldwide. Dr. Eidson has the experience to create and implement comprehensive online learning programs for American International University."

      Dr. Eidson stated, "I am proud to accept the presidency of American International University. Providential Holdings is creating a dynamic online program for U.S. and international students. I will work to enhance this program and support the University`s developments."

      About Providential Holdings, Inc.

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



      For more information, contact:
      OTC Financial Network Providential Holdings, Inc.
      Rick McCaffrey, Investor Relations Henry Fahman
      781-444-6100 x625 714-843-5450 x 5455
      rick@otcfn.com info@phiglobal.com
      http://www.otcfn.com/prvh http://www.phiglobal.com

      SOURCE Providential Holdings, Inc.


      CONTACT: Rick McCaffrey, Investor Relations of OTC Financial Network, +1-781-444-6100 ext.
      625, rick@otcfn.com; or Henry Fahman of Providential Holdings, Inc., +1-714-843-5450
      ext. 5455, info@phiglobal.com

      URL: http://www.prnewswire.com
      http://www.phiglobal.com
      http://www.otcfn.com/prvh
      www.prnewswire.com

      mfg Paros
      Avatar
      schrieb am 23.03.05 19:26:35
      Beitrag Nr. 52 ()
      es ist zum schiffen :laugh:

      Dort wird der Fahmann-Nachwuchs ausgebildet, fragt sich
      nur in was:

      Briefkastenleerer für Briefkastenfirmen
      Betrüger mit akademischen Grad
      Aktienverkäufer für Aktien ohne Wert
      ...


      das ist doch gleich einen Kursanstieg für neue Lemminge
      wert :D

      Gut, dass ich nur bei Nettel in der Tinte hocke - Sam
      ist, was Lug und Trug angeht, dagegen ein wahres Lamm
      bzw. einfach NOCH zu blöd
      Avatar
      schrieb am 04.04.05 09:10:45
      Beitrag Nr. 53 ()
      Providential Subsidiary Launches Oil and Gas Operations
      Monday April 4, 1:30 am ET


      LOS ANGELES--(BUSINESS WIRE)--April 4, 2005--Providential Holdings, Inc. (OTCBB:PRVH - News; Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that Providential Oil & Gas, Inc., which was established in 2003 as a wholly-owned subsidiary of the Company, is launching operations and has begun negotiating certain oil lease properties in the United States.
      Henry Fahman, Chairman and CEO of Providential Holdings, stated, " Providential Oil & Gas is moving quickly to first launch its operations in the US and is investigating other opportunities in Vietnam and China. Petrochemicals represent a $162 billion industry in North America. The cost of oil and gas continues to rise while the pressure to find additional resources is mounting. Providential Oil & Gas stands to provide additional resources to the U.S. and Asia, while creating a unique market opportunity for the Company and its investors to benefit from a bullish worldwide energy market."

      About Providential Holdings, Inc.

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, precision cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. URL:www.phiglobal.com

      About Providential Oil & Gas, Inc.

      Providential Oil & Gas, a wholly-owned subsidiary of Providential Holdings, Inc., aims to become a premier independent oil and gas company by building a diversified portfolio of high value oil and gas assets in North America and other selective regions of the world. URL: www.prooilandgas.com

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the " safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



      --------------------------------------------------------------------------------
      Contact:
      Providential Holdings, Inc.
      Henry Fahman, 714-843-5450 ext. 5455
      info@phiglobal.com
      www.phiglobal.com
      or
      OTC Financial Network
      Rick McCaffrey, 781-444-6100 ext. 625 (IR)
      rick@otcfn.com
      www.otcfn.com/prvh
      Avatar
      schrieb am 12.04.05 08:35:20
      Beitrag Nr. 54 ()
      NEWS for PRVH PRINT THIS PAGE BIG FONT SMALL FONT
      PRVH 0.05 0.000

      Today 5 Dy 1 Mo 3 Mo 1 Yr 5 Yr



      Providential Holdings Invited by U.S. Embassy Agricultural Attache to Participate in International Seminars in Vietnam
      LOS ANGELES - PRNewswire-FirstCall - April 12
      LOS ANGELES, April 12 /PRNewswire-FirstCall/ -- Providential Holdings, Inc. (OTC:PRVH)(OTC:Berlin)(OTC:and)(OTC:Frankfurt)(OTC:Stock)(OTC:Exchanges:)(OTC:PR7)(OTC:WKN 935160) (BULLETIN BOARD: PRVH, Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160) , a provider of international advisory services specializing in mergers and acquisitions, announced today that the Company`s executives have been invited by the United States Embassy Agricultural Attache in Ha Noi, Vietnam to participate in the Alfalfa Hay for Dairy Cows seminar at the Hilton Hanoi Opera Hotel, Tuesday April 12, 2005 sponsored by the United States Department of Agriculture, The National Institute of Animal Husbandry and the National Hay Association. David Le, president of Provimex, a wholly owned subsidiary of Providential Holdings, and Timothy Pham, vice president of business development for Providential Holdings, will attend the seminar.

      Henry Fahman, chairman and chief executive officer of Providential Holdings, stated, "More than 40 companies and state agencies will attend the conference in Hanoi and more than 60 will attend the seminar in Ho Chi Minh City including the USDA, American Soybean Association, National Animal Husbandry Institute, Cargill Company, Institute of Agricultural Science, Land O`Lakes, Inc., Nestle Vietnam, and the US-Vietnam Trade Council."

      Fahman continued, "The seminars will aim at introducing Alfalfa Hay as a source for feeding cattle for good health, milk production and reproduction. The invitation from the US Embassy Agricultural Attache is an indication of Providential`s and Provimex`s growing status in International Trade and influence in developing nations. We look forward to cultivating these relationships and creating value for both companies through increasing profitability, enhancing customer satisfaction, and acting quickly in a dynamic market place to identify opportunities via partnership and alliances in a collaborative global economy."

      About Providential Holdings, Inc.

      Providential Holdings (http://www.phiglobal.com/)" target="_blank" rel="nofollow ugc noopener">http://www.phiglobal.com/) and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, precision cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high- growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

      For more information, contact:
      OTC Financial Network Providential Holdings, Inc.
      Rick McCaffrey, Investor Relations Henry Fahman
      781-444-6100 x625 714-843-5450 x 5455
      rick@otcfn.com info@phiglobal.com
      http://www.otcfn.com/prvh http://www.phiglobal.com/

      Providential Holdings, Inc.

      Web site: http://www.phiglobal.com/
      Avatar
      schrieb am 20.04.05 11:39:19
      Beitrag Nr. 55 ()
      Eher unwillig,
      aber der Vollständigkeit halber,
      News ist schließlich News :rolleyes::rolleyes:

      Providential Holdings Extends Record Date for Irvine College Stock Dividends
      LOS ANGELES - PRNewswire-FirstCall - April 20
      LOS ANGELES, April 20 /PRNewswire-FirstCall/ -- Providential Holdings, Inc. (OTC Bulletin Board: PRVH; Berlin Stock Exchange and Frankfurt Stock Exchange: PR7 - WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that the Company has extended the stock dividend record date for the payment of special dividends in Irvine College of Medical Sciences.

      * The original record date was August 31, 2004; the company has extended
      the record date to May 6, 2005.
      * The payment date will be May 31, 2005 and the stock transfer agent will
      mail the shares as soon as possible after the payment date without any
      action being necessary on the part of the shareholder of record.


      The ratio of the distribution will be as follows: the Company will distribute 15% of Irvine College of Medical Sciences, DBA Atlantis Career College, common stock as a special dividend on a pro-rata basis to PRVH shareholders of record as of May 6, 2005.

      Henry Fahman, chairman and chief executive officer of Providential Holdings, stated, " Irvine College of Medical Sciences will start filing the necessary documents with the appropriate regulatory agencies to become a fully-reporting publicly-traded company. The College is currently approved to provide educational programs in medical-related fields, including Ultrasound Technology, MRI, Medical Assistant, Pharmacy Tech, Pharmaceutical Sales, Registered Nurse, NCLEX, Professional Child Care, and curricula in information technology such as 3-D Animation and Network certifications."

      About Providential Holdings, Inc.

      Providential Holdings (http://www.phiglobal.com/)" target="_blank" rel="nofollow ugc noopener">http://www.phiglobal.com/) and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, precision cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high- growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the " safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

      For more information, contact:
      OTC Financial Network Providential Holdings, Inc.
      Rick McCaffrey, Investor Relations Henry Fahman
      781-444-6100 x625 714-843-5450 x5455
      rick@otcfn.com info@phiglobal.com
      http://www.otcfn.com/prvh http://www.phiglobal.com/

      Providential Holdings, Inc.
      Avatar
      schrieb am 17.05.05 16:27:35
      Beitrag Nr. 56 ()
      Providential Holdings Reports Improved Operating Results for the Third Quarter Ended March 31, 2005
      LOS ANGELES

      Providential Holdings, Inc.
      Henry Fahman, 714-843-5450 ext. 5455
      info@phiglobal.com

      Providential Holdings, Inc. (OTCBB:PRVH) (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today its operating results for the third fiscal quarter ending March 31, 2005.

      Total revenues were $92,088 and $2,119,246 for the quarter ended March 31, 2005 and 2004, respectively. The main decrease in sales is due to the discontinuation of PHI Digital in fiscal year 2004 and the change in ATC Technology`s business focus. In addition, the Company did not recognize any revenues in connection with the merger and acquisition advisory contracts that were initiated during the quarter.

      Gross profits were $59,773 and $314,139 for the comparable quarters, respectively.

      Total general and administrative expenses were $386,394 and $1,767,763 for the three months ended March 31, 2005 and 2004, respectively. The decrease is primarily due to lower professional services.

      Net loss for the three months ended March 31, 2005 was $191,252, compared to $2,811,209 for the same period in 2004, which is equivalent to a net loss per share of $0.00 and $0.03, respectively, based on the weighted average number of basic and diluted shares outstanding. The difference is primarily attributed to the impairment of assets and decreased revenues.

      Henry Fahman, chief executive officer of Providential Holdings, stated, "Although we did not recognize any revenues from our M&A advisory contracts and other new business activities for the last quarter, we expect to report them for the current quarter. As the growth potential of the Company remains very strong, we are confident that the operational platform that has been built will provide a solid base for us to execute our comprehensive business plan both in the short term and the long term."

      Fahman added: "We look forward to closing several important transactions and implementing certain strategic initiatives within the next few weeks, which should result in significant revenues and profitability for the current quarter and beyond."
      Avatar
      schrieb am 17.05.05 16:28:11
      Beitrag Nr. 57 ()
      Providential Holdings Assists China`s Global Picture Science-Tech Co. in Capitalization and Growth Strategy
      LOS ANGELES

      Providential Holdings, Inc.
      Henry Fahman, 714-843-5450 ext. 5455
      info@phiglobal.com

      Providential Holdings, Inc. (OTCBB:PRVH) (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that it has signed an agreement with Nexis Capital Management Corporation, Ltd., to assist Global Picture Science-Tech Co., Ltd., of Beijing, China, in its capitalization and growth strategy. This transaction is expected to bring additional revenues for the Company in form of consulting income.

      Global Picture Science-Tech Co, Ltd., (Global) is a state-of-the-art computer-based animator headquartered on the campus of the leading broadcasting and communications university, Communication University of China (CUC), in Ding Fuzhuang Chao Yang District, Beijing, P.R. China.

      Global is profitable and is recognized as a premier animator with 85 computer animation professionals and 10 persons in management and support positions. The firm has several very lucrative and long-term contracts on hand and is in negotiations for some very exciting long-term new contracts with several networks, offshore studios and game manufacturers.

      Global began as an offshoot of the animation department of CUC where they had developed unique skills and software in animation and TV programming. Global trains animation students for the university (CUC) and in turn is the recipient of the learned technology and designed software developed in conjunction with this training and research function. Global is also the recipient of contracts that are offered to the University by such premier organizations as China Central TV (CCTV).

      One such contract given to CUC and assigned to Global is a very major agreement to manage all facets, produce and/or procure product, develop the market and control the advertising for CCTV`s cartoon/children`s TV Network.

      Henry Fahman, chief executive officer of Providential Holdings, stated, "We are excited to work with Nexis Capital to assist Global Picture as well as other China-based companies in their capitalization and growth strategy, especially by providing them access to the capital markets and joint venture partners in the US and Europe. Our expanded M&A advisory capacities will undoubtedly serve the Company well both in the short term and the long term."

      About Providential Holdings, Inc.
      Avatar
      schrieb am 05.07.05 10:40:23
      Beitrag Nr. 58 ()
      Press Release Source: Providential Holdings, Inc.


      Providential Holdings Assisted Lexor Holdings in Merger with Denim Jean Manufacturer
      Tuesday July 5, 3:30 am ET


      LOS ANGELES, CA--(MARKET WIRE)--Jul 5, 2005 -- Providential Holdings, Inc. (OTC BB:PRVH.OB - News) (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, has assisted Lexor Holdings, Inc. (OTC BB:LXRH.OB - News) (Berlin Stock Exchange: WKN 727489) to successfully acquire Jeantex, Inc., a California corporation engaged in the design, development, manufacturing, and marketing of consumer products for the apparel markets worldwide.




      According to the terms of the business combination agreement, which was closed on June 29, 2005, Lexor Holdings has acquired 100% of the issued and outstanding shares of Jeantex and will issue 56,350,000 new restricted shares in connection with this transaction, all of which are subject to the Rule 144 holding period and the filing of a Registration Statement. Lexor will not effect a reverse split of its already issued and outstanding shares.

      Lexor Holdings has submitted paperwork with the State of Florida to change its corporate name to Jeantex Group, Inc. and will subsequently change its stock trading symbol to better reflect the new business focus.

      Providential Holdings receives stock in Jeantex Group as compensation for its advisory services and will retain a minimum of ten percent equity in the new combined company.

      Jeantex manufactures denim jeans for prominent brand names such as ABS, Blue Cult, Guess, Hurley, Limited Express, and Lucky. It also manufactures and markets new lines of uniquely designed premium jeans, T-Shirts, and accessories under the " Bone People" trademark, which are being marketed in Germany, Japan, Portugal, Scandinavia, Spain, and the U.S.

      About Providential Holdings, Inc.

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      Safe Harbor:

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the " safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



      Contact:
      Contact:
      Providential Holdings, Inc.
      Henry Fahman
      714-843-5450, Ext. 5455
      Email Contact
      Avatar
      schrieb am 13.07.05 15:30:18
      Beitrag Nr. 59 ()
      Providential Holdings Incorporated (Other OTC: PRVH) assisted Lexor Holdings,
      Inc. (OTC BB: LXRH) (Berlin Stock Exchange: WKN 727489) to successfully acquire
      Jeantex, Inc., a California corporation engaged in the design, development,
      manufacturing, and marketing of consumer products for the apparel markets
      worldwide. According to the terms of the business combination agreement, which
      was closed on June 29, 2005, Lexor Holdings has acquired 100% of the issued and
      outstanding shares of Jeantex and will issue 56,350,000 new restricted shares in
      connection with this transaction, all of which are subject to the Rule 144
      holding period and the filing of a Registration Statement. Lexor will not effect
      a reverse split of its already issued and outstanding shares.
      Avatar
      schrieb am 25.07.05 06:04:39
      Beitrag Nr. 60 ()
      Jeantex(JNTX) to Start Trading Monday

      Jeantex Group, Formerly LXRH, will start trading under "JNTX" on Monday.

      Jeantex`s core business is private label for:

      ABS
      Blue Cult
      Guess?
      Hurley
      Limited Express
      Lucky
      and others

      Dun & Bradstreet lists their annual revenues at $13,900,000. The company is profitable and has no debt. The shell company has $250,000 in debt.

      "Bone People" is their first private brand, with others soon to come. It is already being sold in Europe and will soon be sold in the US. It will retail around $200 and be sold at highend dept stores and boutiques.

      Jeantex and a solid and profitable core private label business and will expand sales and earnings with private brands like Bone People.

      Hired same PR firm as True Religion, Aeropostale, Levi`s, Quicksilver, Zumiez, Chico`s, Deckers(UGG), Sketchers, and many other apparel companies.

      Jeantex gained 50% last week.

      www.jeantexgroup com (Future site)
      www.bonepeople org (More content coming)
      Avatar
      schrieb am 25.07.05 08:08:54
      Beitrag Nr. 61 ()
      Jeantex Group Receives New Company Ticker Symbol; Engages Investor Relations Firm to Increase Company Awareness
      Jeantex Group Inc. (formerly Lexor Holdings (OTCBB:LXRH) (BCN:727489)), a corporation engaged in the design, development, manufacturing and marketing of consumer products for apparel markets worldwide, today announced that effective July 25, 2005, the company will be trading under a new stock ticker symbol.

      In wake of the company`s corporate name change from Lexor Holdings to Jeantex Group Inc., the stock will trade on the over-the-counter bulletin board under the new ticker symbol "JNTX." The company`s prior symbol, "LXRH" will be suspended upon the activation of the new ticker.

      The company also announced today that it has engaged Integrated Corporate Relations (ICR) to assist the company with its investor relations initiatives. ICR, with offices in New York, Los Angeles, Boston, and Westport, Conn., will serve as Jeantex`s investor relations advisory firm. Comprised exclusively of seasoned Wall Street professionals -- former senior sell-side analysts, portfolio managers, investment bankers and capital markets professionals who possess invaluable experience dealing with publicly traded equities in the capital markets -- ICR has strong expertise working with consumer-branded businesses.

      Henry Fahman, chairman of Jeantex Group Inc., said: "We are happy to announce our new stock ticker symbol as it is more reflective of our corporate name and vision going forward. We are also proud to have chosen ICR to assist us with our investor relations strategies. We are very impressed with ICR`s breadth of experience, as well as their enthusiasm for investor relations. We are confident that this integrated relationship will be long-standing and highly successful."

      About Jeantex Group Inc.

      Jeantex Group Inc. (formerly Lexor Holdings Inc.), through its wholly owned subsidiary Jeantex Inc., engages in the design, development, manufacturing, and marketing of consumer products for the apparel markets worldwide. Jeantex manufactures denim jeans for prominent brand names such as ABS, Blue Cult, Guess, Hurley, Limited Express, and Lucky. The company also manufactures and markets new lines of uniquely designed high-quality jeans, T-Shirts, and accessories under the "Bone People" trademark, which are being marketed in Germany, Japan, Portugal, Scandinavia, Spain, and the U.S. Further information about Bone People(TM) can be found at www.bonepeople.org.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.


      Integrated Corporate Relations for Jeantex Group Inc.
      Bill Zima, 203-682-8200
      Avatar
      schrieb am 25.07.05 10:39:03
      Beitrag Nr. 62 ()
      :eek:

      Da hat sich jemand 50000 zu 0,038€ in Berlin gegriffen...
      Avatar
      schrieb am 25.07.05 10:44:06
      Beitrag Nr. 63 ()
      Hallo meine Lemminge,

      bin wieder im Lande, habe gestern mit Henry telefoniert, er hat mir Mut gemacht und behauptet, dass etwas ganz Großes auf uns Aktionäre in den nächsten Tagen kommen wird. In 2 Wochen steht der Kurs da, wo er schon längst stehen müsste, und zwar bei 0,35 Euro (35 Cent pro Aktie).
      Bin sehr zuversichtlich, hat sich sehr positiv angehört.:cool::lick:;)
      Avatar
      schrieb am 25.07.05 12:07:29
      Beitrag Nr. 64 ()
      ... als ob nicht schon genug Clowns hier rumlaufen würden. Da kommst auch noch Du daher.....
      Chlor
      Avatar
      schrieb am 25.07.05 12:13:08
      Beitrag Nr. 65 ()
      [posting]17.332.796 von chuckdary am 25.07.05 10:44:06[/posting]Hallo,meinst du das wircklich ehrlich???Oder ist das nur deine wunschvorstellung!:confused:
      Avatar
      schrieb am 25.07.05 12:25:32
      Beitrag Nr. 66 ()
      Ich kann mir nicht vorstellen dass es der Wahrheit entspricht, dass er gestern mit Henry telefoniert haben will. Henry ist nämlich seit Samstag in China...
      Avatar
      schrieb am 25.07.05 14:39:05
      Beitrag Nr. 67 ()
      Wer uns hier schon mit HALLO LEMMINGE anredet der wollt Ihr doch wohl nicht wirklich für voll nehmen. Wer alles so mit HF telefoniert :laugh::laugh: Kenne keine andere Firma wo so viel mit dem Chef telefoniert wird, kein Wunder das er zu nix kommt ! Lasst ihn doch mal ein Deal, nur ÉINEN zustande bekommen. Aber ich denke das ist Science Fiction. Das einzige was HF hinbekommt sind Aktien ausgeben und völlig wertlosen Schrott dazu verteilen. Was macht er eigentlich den ganzen Tag mit seiner Tina .... SICH ÜBER UNS IDIOTEN TOTLACHEN !
      Avatar
      schrieb am 25.07.05 14:39:49
      Beitrag Nr. 68 ()
      Er muss ein Alkoholproblem haben ....
      Avatar
      schrieb am 25.07.05 15:33:10
      Beitrag Nr. 69 ()
      # 63

      Hallo du Oberlemmiger !!

      Hast wohl auch die Handynummer von Henry ?? Gib Sie blos nicht weiter, sonst rufen alle auf seiner Reisfarm in China an. ;)

      :laugh::laugh::laugh:
      Avatar
      schrieb am 25.07.05 15:43:47
      Beitrag Nr. 70 ()
      immer wieder ein neuer Reißer zu Ablachen! :(
      Avatar
      schrieb am 25.07.05 16:36:03
      Beitrag Nr. 71 ()
      ich habe auch mit henry gesprochen aber er meinte zu mir er ist so in deutschland verliebt er wüsste nicht was von viele lämminge hier rum telefonieren:laugh:
      Avatar
      schrieb am 25.07.05 16:40:56
      Beitrag Nr. 72 ()
      Jetzt verkommen auch noch die News-threads :mad:
      Avatar
      schrieb am 25.07.05 16:45:02
      Beitrag Nr. 73 ()
      Was wird nur unser AK sagen, wenn wir seinen NEWS-Thread mit Müll versehen.

      Was solls, prvh ist halt Müll, da kann man posten wo man will !:laugh::laugh::laugh::laugh::laugh:

      Wo ist denn der kleine Günni, schon in Italien angekommen??
      Avatar
      schrieb am 25.07.05 19:05:59
      Beitrag Nr. 74 ()
      An der OTC endlich mal wieder schöne Umsätze und ein guter Kurs. Vielleicht glänzt Henry mal nicht mit Worten, sondern lässt schlicht den Kurs für sich sprechen ;).
      Avatar
      schrieb am 25.07.05 19:42:36
      Beitrag Nr. 75 ()
      liegt an jntx => aktuell 0,60 $ => macht schlappe 3,6 Mille für prvh => hoffentlich hält sich der Kurs!
      Avatar
      schrieb am 26.07.05 08:56:23
      Beitrag Nr. 76 ()
      [posting]17.339.653 von silberesel am 25.07.05 19:42:36[/posting]Hallo Silberesel,

      wie kommst du darauf? Meines Wissens nach, hält PRVH 10% an JNTX, bei einem Aktienvolumen von 15 Millionen, meine ich. Da komme ich nicht auf die 3,6 Millionen...:rolleyes:
      Avatar
      schrieb am 26.07.05 10:30:51
      Beitrag Nr. 77 ()
      Da werden aber einige dumm in die Röhre schauen. Damit wird das Vertrauen in henry weiter gestärkt.
      :eek::eek::eek:

      Der Kurs wird heute fürchterlich abbröseln, da alles seit einigen Tagen wartet und wie immer nichts kommt.

      Henry wird´s schon versauen !!:rolleyes:
      Avatar
      schrieb am 26.07.05 10:53:19
      Beitrag Nr. 78 ()
      Besser gesagt:

      Seine voreiligen Helfer (Distributer oder Vermittler) versauen immer mehr.
      Avatar
      schrieb am 26.07.05 13:19:39
      Beitrag Nr. 79 ()
      Hallo Opla!

      Wegen Deiner Frage in #76: Guck Dir mal die PR vom 05.07. an (hat AK unter #58 gepostet), da steht als Anzahl der Shares der "neuen" AG 56.350.000 Stück. Davon 10 % an PRVH ergäbe bei einem Kurs von 0,60 US$ annähernd 3,6 Millionen (5.635.000 Shares x 0,60 = 3.381,000 US$).

      Die Frage ist eben, wie entwickelt sich der Kurs tatsächlich weiter, wäre ja alles recht schön, aber in der Vergangenheit sind da bei PRVH samt Ablegern die seltsamsten Dinge gelaufen....

      Gruß,


      ZwiP


      (der auch nichts dagegen hätte, wenn bei PRVH mal etwas länger halten würde als ein paar Tage..)
      Avatar
      schrieb am 26.07.05 13:27:02
      Beitrag Nr. 80 ()
      [posting]17.347.472 von ZwillingsPapa am 26.07.05 13:19:39[/posting]Danke für die schnelle Antwort.
      Avatar
      schrieb am 26.07.05 13:47:39
      Beitrag Nr. 81 ()
      "In diesem Thread bitte nicht posten,
      nur News und den Link dazu einstellen.
      Bei SEC-Filings nur den Link, ohne Kopie des Filings,
      angeben.

      Gruß
      AK"



      Ist diese Aussage denn nicht eigentlich eindeutig genug...?
      Avatar
      schrieb am 18.08.05 10:38:49
      Beitrag Nr. 82 ()
      Henry wird zum Modezar ;)

      Press Release Source: Providential Holdings, Inc.


      Providential Holdings Announces Contract with Egyptian Clothing Manufacturer Sanatex
      Thursday August 18, 3:30 am ET


      LOS ANGELES--(BUSINESS WIRE)--Aug. 18, 2005--Providential Holdings, Inc. (OTCBB:PRVH - News; Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced that the Company has signed an agreement with Sanatex, Inc., a California corporation with 238,000 square-foot manufacturing facilities in Egypt, to assist Sanatex in becoming a fully reporting publicly traded company and raising capital from institutional investors in the U.S. to further its growth.
      ADVERTISEMENT


      According to the agreement, Providential will receive a combination of cash and stock from Sanatex as compensation for its consulting services.

      Sanatex is engaged in the manufacturing of clothes and packaging materials, dyeing, and finishing for the apparel and fashion industries. With manufacturing facilities situated in the Private Free Zones in Kalubeia, Egypt, Sanatex enjoys exemption from tariffs on finished goods shipped to the U.S. The Company`s revenues for Fiscal Year 2004 were about $15 million and it has been consistently profitable.

      Hassanein M. Hassanein, Chief Executive Officer of Sanatex, Inc., stated: "We manufacture quality apparel goods in Taiwan, China, and Egypt for Target, Kohl`s, Sears and Wal-Mart. After 18 years of success in this market, we are now poised to expand our services in the U.S. by providing our customers with product development and design fashions for the private label market. Our business fundamentals, of marketing a fashion product at a competitive price during this business cycle, will create years of steady growth and added value for our shareholders."

      Henry Fahman, Chairman of Providential Holdings, concurred: "We look forward to assisting Sanatex`s management to execute their growth strategy and are confident that with our background experience, resources and contacts, we will be able to help increase shareholder value for both companies."

      About Providential Holdings, Inc.

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, industrial tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



      --------------------------------------------------------------------------------
      Contact:
      Providential Holdings, Inc.
      Henry Fahman, 714-843-5455
      henry@phiglobal.com
      or
      Sanatex, Inc.
      Hassanein M. Hassanein, 310-637-5500
      hmh@sanatexgroup.com
      Avatar
      schrieb am 23.08.05 09:10:04
      Beitrag Nr. 83 ()
      LOS ANGELES--(BUSINESS WIRE)--Aug. 22, 2005
      Providential Holdings, Inc. (OTCBB:PRVH) (Berlin and
      Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of
      international advisory services specializing in mergers and
      acquisitions, announced that the Company has signed Memoranda of
      Understanding with two major Vietnamese conglomerates to cooperate and
      assist in the privatization and recapitalization of select State-Owned
      Enterprises (SOE`s) and other projects in Vietnam.
      According to the agreements, Providential Holdings will work
      closely with these companies to plan, structure, and execute the
      imminent privatization and recapitalization program for selected SOE`s
      as required by the Vietnamese government in wake of her preparation to
      join the WTO. Providential will provide advisory services to target
      SOE`s, make direct investments into select projects as appropriate,
      and assist these enterprises and their clients to become fully
      reporting publicly traded companies in the U.S., obtain dual listings
      in Europe if necessary, and access international institutional funding
      to implement their business plan and increase shareholder value for
      all the parties involved.
      Henry Fahman, Chairman of Providential Holdings, stated: " As
      Vietnam moves ahead to complete the equitization of about 5,000 SOE`s
      and gets ready to join the WTO, we are very excited to participate in
      this unprecedented opportunity and work with our new partners in this
      nationwide restructuring and recapitalization program. With our
      background experience, resources and contacts, Providential is well
      equipped to assist Vietnam`s SOE`s in their strategic path of
      unlocking value and repositioning for future growth."
      Providential Holdings expects to bring significant added value to
      these enterprises and also greatly benefit from this program for
      several years to come.

      About Providential Holdings, Inc.
      Avatar
      schrieb am 23.08.05 09:10:43
      Beitrag Nr. 84 ()
      LOS ANGELES--(BUSINESS WIRE)--Aug. 23, 2005
      Providential Holdings, Inc. (OTCBB:PRVH)(Berlin and
      Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of
      international advisory services specializing in mergers and
      acquisitions, announced today that its majority-owned subsidiary
      Touchlink Communications, Inc. has terminated the previously announced
      letter of intent with Eye Telecom, Inc., and has entered into a
      business partnering agreement with Fareast Connect, Inc., a California
      corporation.
      According to the agreement, Fareast Connect will invest an amount
      of cash equivalent to 49% of Touchlink`s fully-funded operating budget
      in exchange for 49% of Touchlink common stock. In addition, Touchlink
      will serve as the most-favored service provider for Fareast Connect,
      which currently operates in the area of wholesale phone cards. Since
      Fareast Connect`s current monthly revenues are in excess of $1.5
      million, Touchlink`s total revenues are expected to exceed $2.5
      million per month after the first six months of cooperation.
      Touchlink`s Board of Directors has also appointed Don Tran, Eye
      Telecom`s former Vice President and Chief Technology Officer, as its
      new President and CEO.
      Nancy Tran, President of Fareast Connect, commented: " We are very
      pleased to partner with Touchlink Communications and Providential
      Holdings. From a strong base Fareast Connect has built over the years,
      we will be able to capitalize on the combined resources and expertise
      to grow Touchlink to new heights and create greater value for
      shareholders of both companies."
      Don Tran, the incoming President of Touchlink Communications,
      stated: " We will utilize the latest technologies and a Tier-One
      carrier`s service quality to serve our customers and provide the
      telecommunication industry with the highest standards in services,
      products, and exceptional customer service."

      About Providential Holdings, Inc.
      Avatar
      schrieb am 25.08.05 10:51:05
      Beitrag Nr. 85 ()
      Providential Holdings Subsidiary ATC Technology Reorganized to Improve Financials Prior to Imminent Listing
      Providential Holdings, Inc. (OTC BB: PRVH) (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, today announced that its subsidiary ATC Technology Corp has completed a debt for equity exchange among Providential Holdings (" PRVH" ), ATC and its creditors.

      The transaction called for the notes and debts among the original owners and management of ATC Technology, PRVH, and ATC Technology as a corporate entity, to be entirely cancelled and forgiven. In exchange, Providential returned 70,000,000 shares of common stock of ATC to the original owners and ATC`s treasury.

      Following this transaction, PRVH owns 10,000,000 shares of ATC while its shareholders own about 20,000,000 shares of ATC common stock as result of an earlier stock dividend distribution. ATC was able to write off more than $1.5 million of debts and payables from its balance sheet and Providential was able to cancel certain notes and liabilities owed to ATC`s original owners. ATC`s balance sheet now has a small current liability. It gives ATC`s management a very strong position to launch its new partnerships, joint ventures and marketing services in China.

      With this restructuring PRVH and its shareholders have retained over 30% of the new ATC`s stock ownership and at the same time empowered ATC`s management to unlock its potential to create value for ATC, PRVH, and its shareholders. This reorganization is expected to greatly benefit all the parties involved.

      Because of the hardware price war between the video game titans, the gaming accessories` pricing will continue to be depressed in the foreseeable future. ATC has already changed its main business from the hyper-competitive consumer video electronics to financial services in China. Led by its president and CEO, Keith Wong, and COO, Norm Klein, the new ATC business model will instead concentrate on partnerships, joint ventures and marketing services with and for those medium-sized Chinese industrial companies. ATC`s new strength is in its management`s ability to seek, consummate and follow through transactions in China. Keith Wong has more than fifteen years of transactional business experience with Chinese enterprises in purchase order, work contract and partnership deal negotiations. Keith Wong also has an extensive working knowledge of the Chinese private enterprises and their business culture.

      ATC expects to file a registration statement with the SEC for a public listing of its common stock no later than September 30, 2005, and will update shareholders on the progress with its new Chinese partnerships through other news releases in the near future.

      About Providential Holdings, Inc.

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, industrial tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the " safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



      Source: Market Wire (August 25, 2005 - 3:15 AM EDT)

      News by QuoteMedia
      www.quotemedia.com
      Avatar
      schrieb am 26.08.05 11:30:19
      Beitrag Nr. 86 ()
      Providential Holdings Announces Agreement With Vietnam`s Intimex Corporation
      Friday August 26, 5:00 am ET


      LOS ANGELES, CA--(MARKET WIRE)--Aug 26, 2005 -- Providential Holdings, Inc. (OTC BB:PRVH.OB - News) (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced that the Company has signed a Memorandum of Agreement with Intimex Import-Export Corporation, a company under Vietnam`s Ministry of Trade, to assist Intimex and its subsidiaries in their privatization and recapitalization plan.
      According to the agreement, Providential Holdings will assist Intimex and its subsidiaries to become fully reporting publicly traded companies in the US stock market, access institutional funding in the US, and consider potential merger and acquisition opportunities in Vietnam and abroad.

      Intimex Import-Export Corporation, with annual revenues in excess of $US 250 million, was established in 1979 as an arm of Vietnam`s Ministry of Trade to promote trade between Vietnam and the world. Besides its main activity in domestic and foreign trade, Intimex also specializes in food processing, manufacturing, tourism and distribution services. Further information about Intimex can be found at www.intimexco.com

      ADVERTISEMENT


      Anh Vu, General Director of Intimex, stated: "We are eager to work with Providential Holdings to complete the imminent privatization and recapitalization program for Intimex and our subsidiary companies. We are also confident in the opportunity to increase value for Intimex by listing our shares in the U.S. and tapping international institutional funding to further our future growth."

      Henry Fahman, Chairman of Providential Holdings, concurred: "We look forward to assisting Intimex`s management in their worthy pursuit and are convinced that we will be able to help create significant value for both companies." Fahman added: "In wake of Vietnam`s joining the WTO and the privatization of her State-Owned Enterprises, those companies in Vietnam that are able to avail themselves of the U.S. and international capital markets will undoubtedly have an added advantage as they compete with other international players in their respective product and service markets."

      About Providential Holdings, Inc.

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, industrial tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



      Contact:
      Contact:
      Providential Holdings, Inc.
      Henry Fahman
      Chairman
      714-843-5455
      Email Contact

      Intimex Import-Export Corporation
      Anh Vu
      General Director
      84-4-9423240
      Email Contact



      --------------------------------------------------------------------------------
      Source: Providential Holdings, Inc.
      Avatar
      schrieb am 26.08.05 12:44:10
      Beitrag Nr. 87 ()
      :confused: bin dummerweise auch noch investiert, habe aber das geld schon abgeschrieben...

      Leute, Leute

      ist doch seit 2 jahren immer wieder dasselbe...

      Onkel Henry macht ein memorandum of understanding

      anschließend hört man monatelange nix mehr davon

      und die sache hat sich stillschweigend erledigt.

      Das ist doch perfekte verarschung die Onkel Henry hier

      betreibt. eigentlich müßte der laden längst insolvent sein?

      Ich denke dass die Insolvenzmeldung auch bald kommen wird..

      Für hat der Abgesang längst begonnen..
      Avatar
      schrieb am 26.08.05 13:28:25
      Beitrag Nr. 88 ()
      LOS ANGELES, CA--(MARKET WIRE)--Aug 26, 2005 -- Jeantex Group, Inc. (OTC BB:JNTX.OB - News) today announced that the Company will be showing its `Bone People,` `Bone 206,` and `Street Ink` lines at the Magic Apparel Show in Las Vegas August 29th through September 1st. The show will take place at the Las Vegas Convention Center and the Company booth number is: #ST33201. Department store and specialty store buyers are invited to stop by to review the display of the three lines. Appointments can be made in advance by contacting Topaz Kalmon, Jeantex`s lead denim designer, whose contact information can be found below.
      Bone People

      Classic icons of skulls, roses, snakes and cross bones are the main focus in this collection. The jeans are created and engineered to get the right fit and feel. The styles are for people who share the love of jeans with their neighbors, friends and their friends. The fits are slim, straight, flair, baggie and loose which are offered in both men`s and women`s collections.

      The jeans come in several shades of blue, from dark to happy blue, from medium blue to light blue. The finishes range from simple to complicated. Extras include embroidery, appliqué, silk screens, studs and 3-d metal skull effects. Some of the word art is mirror image. Capturing one`s interest through skillfully applied techniques and processes is one of the keys to this collection.

      Whether the T`s or jeans were pulled from an old trunk, from a warehouse, from an attic or from store shelves, the Bone People collection harkens back to a memory lane that was never forgotten.

      Bone 206 (B206)

      Young, fresh, energetic concepts that sprung from alternative denim blue jeans. The collection uses color dye processes employing different techniques to achieve unique looks for today, tomorrow and the next. They make you want to get up each day to put on your favorite pair. Fancy back pocket stitch details with silk screen prints on various parts of the clothing make the styles unique and very individual. Fits are slim, cropped, and boot cut for men and women. The fabric is pin-whale corduroy and light color denim. T`s, tanks and cut out tanks are fun pieces to complement the finished look for the fashion lover.

      Street Ink

      Wearable art! Moving graffiti! Changing patterns for individuals or as a group. Unite to create larger art forms. Wild yet subtle -- bold and soft -- loud and calm. They resonate from a distance or close-up. They come down from the walls to be on the human body. Prints are personal and tasteful. Ink Wear (Street Ink) combines street elements to become wearable, original art. Truly American outfits of T`s and tanks.

      About Jeantex Group Inc.

      Jeantex Group Inc., through its wholly owned subsidiary Jeantex Inc., engages in the design, development, manufacturing, and marketing of consumer products for the apparel markets worldwide. Jeantex manufactures denim jeans for prominent brand names such as ABS, Blue Cult, Guess, Hurley, Limited Express, and Lucky. The company also manufactures and markets new lines of uniquely designed high-quality jeans, T-Shirts, and accessories under the "Bone People" trademark, which are being marketed in Germany, Japan, Portugal, Scandinavia, Spain, and the U.S. Further information about Bone People(TM) can be found at www.bonepeople.org.



      Contact:
      Company Contact:
      Topaz Kalmon
      (323) 233-5003
      Email Contact

      Investor Relations Contact:
      Bill Zima
      Integrated Corporate Relations
      (203) 682-8200



      --------------------------------------------------------------------------------
      Source: Jeantex Group, Inc.
      Avatar
      schrieb am 30.08.05 08:13:17
      Beitrag Nr. 89 ()
      Press Release Source: Providential Holdings, Inc.

      Providential Holdings Announces a $5 Million Funding From Institutional Investor
      Monday August 29, 2:30 am ET

      LOS ANGELES, CA--(MARKET WIRE)--Aug 29, 2005 -- Providential Holdings, Inc. (OTC BB:PRVH.OB - News) (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced that the Company has signed a term sheet with an institutional investor for a $5 million funding.

      The Company intends to use the proceeds from this financing for closing the acquisition of Tulon Pacific, for funding two other projects and for short-term working capital. The Company believes this is the beginning of a long-term relationship and expects to work closely with this institutional investor and its family of funds to meet other financing needs of the Company`s clients, including funding for mergers and acquisitions, recapitalization, and equitization for both U.S. and international companies.

      About Providential Holdings, Inc.

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, industrial tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the " safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

      Contact:
      Contact:
      Providential Holdings, Inc.
      Henry Fahman
      714-843-5450, Ext. 5455
      Email Contact

      Source: Providential Holdings, Inc.

      www.yahoo.com
      Avatar
      schrieb am 01.09.05 17:44:03
      Beitrag Nr. 90 ()
      Providential Holdings to Hold More Seminars for Vietnamese Companies on Going Public and Raising Capital in the U.S.
      Providential Holdings, Inc. (OTC BB: PRVH) (German Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, will hold a series of seminars in Ha Noi, Ho Chi Minh City, Da Nang, and Can Tho, Vietnam, during the weeks of October 3-14, 2005, to assist Vietnamese companies in going public and raising capital through the U.S. capital market.

      These seminars, sponsored by the Vietnamese Chamber of Commerce and Industry, will help Vietnamese companies understand the essentials of going public and raising capital through the US stock markets, including listing requirements for various US exchanges, initial public offerings, spin-offs, mergers, reverse mergers, secondary offerings, and private investment in public equity (PIPE).

      These events are expected to draw several hundred prominent Vietnamese companies, both private on state-owned, which are interested in tapping international funding for further growth.

      Henry Fahman, chairman of Providential Holdings, stated, "As Vietnam continues to privatize several thousand of her State-Owned Enterprises and prepares to join the WTO, this is an unprecedented opportunity for U.S. firms to participate in this vibrant market and for Vietnamese companies to access foreign funding to further their growth."

      Private equity firms, underwriters, mutual funds, auditing firms, transactional attorneys, and investor relations firms are encouraged to participate by contacting Providential Holdings at info@phiglobal.com.

      About Providential Holdings, Inc.

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, industrial tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



      Source: Market Wire (September 1, 2005 - 11:28 AM EDT)

      News by QuoteMedia
      www.quotemedia.com
      Avatar
      schrieb am 19.09.05 08:06:19
      Beitrag Nr. 91 ()
      Providential Holdings Provides Important Updates on Subsidiary Irvine College of Medical Sciences

      LOS ANGELES, CA -- (MARKET WIRE) -- 09/19/05 --

      Providential Holdings, Inc. (PRVH - news) (German Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that its majority-owned subsidiary, Irvine College of Medical Sciences, has completed a corporate restructuring and is ready to distribute the previously declared special dividend to the Company`s shareholders.

      Irvine College of Medical Sciences will distribute 15% of its common stock on a pro-rata basis to PRVH shareholders of record as of May 6, 2005. These dividend shares will be mailed directly to the Company`s shareholders who held physical PRVH certificates or sent to the Depository Trust Company for redistribution to brokerage firms for those who held PRVH shares in street name. The new payment date will be September 30, 2005, without any action being necessary on the part of the shareholders of record.

      As part of the recent corporate restructuring, Irvine College has set up a new wholly owned subsidiary, Radiology College of America, Inc., a California corporation, which has been granted license by the California Bureau for Private Postsecondary and Vocational Education (BPPVE) to provide 19 programs, including: Ultrasound and Vascular Technology, Diagnostic Medical Sonography, Magnetic Resonance Imaging Technologist, Medical Assistant, Pharmacy Technician, X-ray Technician Limited Permit, Pharmaceutical Sales Professional, Echo Cardiography and Cardiovascular Technology, Medical Office Management, Professional Child Care, 3-D Animation, and Computers in Motion Picture Industry. In addition, Irvine College is in the process of obtaining a license from BPPVE to focus on short-course corporate training.

      Irvine College will promptly register the dividend shares to provide liquidity for the Company`s shareholders and use the new public company as a platform to grow its business, acquire other independent education companies, and establish strategic alliances with overseas institutions to take the company to the next level.

      Henry Fahman, chairman of Providential Holdings, commented, "We sincerely apologize to our shareholders for the delay in the distribution of the Irvine College stock dividends. However, we believe the recent reorganization will broaden our scope and enable us to capture more business opportunities both in the US and overseas in the near future."

      Providential Holdings (http://www.phiglobal.com) and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services and investments in international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

      For more information, contact:
      Providential Holdings, Inc.
      Timothy Pham
      714-843-5450, Ext 5456
      Email Contact
      http://www.phiglobal.com
      Avatar
      schrieb am 21.09.05 08:24:39
      Beitrag Nr. 92 ()
      Press Release Source: Providential Holdings, Inc.

      Providential Holdings Confirms Upcoming Seminars to Help Vietnamese Companies Raise Capital
      Wednesday September 21, 2:00 am ET

      LOS ANGELES, CA--(MARKET WIRE)--Sep 21, 2005 -- Providential Holdings, Inc. (OTC BB:PRVH.OB - News) (German Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, today confirmed schedules for upcoming seminars to help Vietnamese companies go public and raise capital through the U.S. financial markets.

      The venues for these seminars will be as follows:

      1. Ho Chi Minh City:
      09:00 - 11:30 AM, October 4, 2005
      87 Tran Quoc Thao Avenue, District 3, Ho Chi Minh City, Vietnam

      2. Ha Noi:
      09:00 - 11:30 AM, October 6, 2005
      7th Floor, World Trade Center
      Vietnamese Chamber of Commerce and Industry
      9 Dao Duy Anh Street, Ha Noi, Vietnam

      3. Da Nang:
      09:00 - 11:30 AM, October 10, 2005
      Daesco Hotel
      155 Tran Phu Ave., 9th Floor
      Da Nang City, Vietnam

      4. Can Tho:
      09:00 - 11:30 AM, October 12, 2005
      Auditorium, Golf Hotel
      2 Hai Ba Trung Avenue
      Ninh Kieu District, Can Tho City, Vietnam

      ADVERTISEMENT
      click here
      These seminars will be held in conjunction with the Vietnamese Chamber of Commerce and Industry to help Vietnamese companies understand the essentials of going public and raising capital through the US capital markets, including an overview of the US stock markets, listing requirements for various US exchanges, initial public offerings, spin-offs, reverse mergers, secondary offerings, dual listings, and private investments in public equity (PIPE).

      It is expected that a total of 400-600 prominent Vietnamese companies, both private and state-owned, will participate in these events and learn how to take advantage of the US capital markets in order to grow their business.

      Henry Fahman, chairman of Providential Holdings, commented, "Instead of waiting for foreign companies to bring in investment dollars, Vietnamese companies can take a more proactive approach by tapping foreign capital markets themselves to further their growth and compete with other international players." Fahman reiterated: "As Vietnam prepares to join the WTO and continues to privatize several thousand of her State-Owned Enterprises, this is an unprecedented opportunity for U.S. institutional investors to participate in this fast-growing market."

      Institutional investors, underwriters, and service providers such as auditing firms, transactional attorneys, and investor relations firms interested in participating in these events may contact Providential Holdings at info@phiglobal.com.

      About Providential Holdings, Inc.

      Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services and investments in international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.


      Contact:

      Contact:
      Providential Holdings, Inc.
      Timothy Pham
      714-843-5450, Ext 5456
      Email Contact


      Source: Providential Holdings, Inc.
      Avatar
      schrieb am 28.09.05 16:41:03
      Beitrag Nr. 93 ()
      PRVH PRVH
      PROVIDENTIAL HOLDINGS INC OTCBB




      Back to Headlines | Previous Story



      Providential Holdings Subsidiary Irvine College of Medical Sciences Completes Distribution of Stock Dividend



      LOS ANGELES, CA -- (MARKET WIRE) -- 09/28/05 -- Providential Holdings, Inc. (OTC BB: PRVH) (German Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that its majority-owned subsidiary Irvine College of Medical Sciences has completed the distribution of a previously declared dividend to the Company`s shareholders.

      Irvine College of Medical Sciences has distributed 15% of its common stock on a pro-rata basis to PRVH shareholders of record as of May 6, 2005. Each shareholder of record receives 1 share of Irvine College common stock for every 39.775 shares of Providential Holdings. These dividend shares were mailed directly to the Company`s shareholders who held physical PRVH certificates or sent to the Depository Trust Company for redistribution to brokerage firms for those who held PRVH shares in street name, without any action being necessary on the part of the shareholders of record.

      Irvine College will promptly register the dividend shares to provide liquidity for the Company`s shareholders. It intends to use the new public company as a platform to grow its business, acquire other independent education companies, and establish strategic alliances with overseas institutions to take the company to the next level.

      Irvine College, through its wholly owned subsidiary Radiology College of America, Inc., is licensed by the California Bureau for Private Postsecondary and Vocational Education (BPPVE) to provide 19 programs, including: Ultrasound and Vascular Technology, Diagnostic Medical Sonography, Magnetic Resonance Imaging Technologist, Medical Assistant, Pharmacy Technician, X-ray Technician Limited Permit, Pharmaceutical Sales Professional, Echo Cardiography and Cardiovascular Technology, Medical Office Management, Professional Child Care, 3-D Animation, and Computers in Motion Picture Industry. In addition, Irvine College is in the process of obtaining a license from BPPVE to focus on short-course corporate training.

      Providential Holdings (http://www.phiglobal.com) and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services and investments in international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.

      This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

      For more information, contact:


      was das bedeuten mag weiss ich nicht:D
      Avatar
      schrieb am 28.09.05 16:49:03
      Beitrag Nr. 94 ()
      also haltet euch fest für jeden 39.775prvh aktien erhalten wir eine ganze Irvine aktie:eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek:

      aber das gute auch die sind mit null bewertet:D und sind nirgend wo handelbar:laugh:
      Avatar
      schrieb am 28.09.05 16:57:41
      Beitrag Nr. 95 ()
      @schakal

      soll heissen für ca.40 prvh Anteile bekommst du 1 Irvine...und nicht wie du verstanden hast 1 zu ca.40000

      schau mer mal ;)
      Avatar
      schrieb am 28.09.05 18:03:01
      Beitrag Nr. 96 ()
      1 share of Irvine College common stock for every 39.775 shares of Providential Holdings

      also was versteht man da da steht doch 39.775 oder:confused:
      Avatar
      schrieb am 28.09.05 22:22:45
      Beitrag Nr. 97 ()
      du hast m. E. recht, schakal23.

      Bei tausendern schreiben die Amis 39,775.

      Alles klar :D
      Avatar
      schrieb am 29.09.05 13:51:36
      Beitrag Nr. 98 ()
      Das ist doch alles wieder nur nichtssagende News. Die x-malte Aktienausschüttung von wertlosen Firmen.

      Wann kommt endlich mal substantiell was????

      Der 30.09. naht und immer noch kein vernünftiger Abschluss.

      Langsam glaube ich nicht mehr.

      Seroz
      Avatar
      schrieb am 13.10.05 16:49:45
      Beitrag Nr. 99 ()
      Providential Holdings Concludes Vietnam Seminar Tour with Remarkable Success

      Providential Holdings, Inc. (OTCBB:PRVH) (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, today announced that it has successfully completed a series of seminars in four major Vietnamese cities to help companies in this country go public and raise capital through the U.S. financial markets.

      These seminars, which were held in Ho Chi Minh City, Ha Noi, Da Nang, and Can Tho, Vietnam in conjunction with the Vietnamese Chamber of Commerce and Industry from October 4-12, 2005, drew more than 450 business leaders from both private and state-owned enterprises, who were eager to learn how they could take advantage of the U.S. capital markets to finance and grow their companies. Discussions included an overview of the US stock markets, listing requirements for various US exchanges, initial public offerings, spin-offs, reverse mergers, secondary offerings, dual listings, private investments in public equities (PIPE`s), legal frameworks, and other topics pertinent to the business environment in Vietnam.

      Henry Fahman, chairman of Providential Holdings, commented, "This is the first time so many Vietnamese companies have the opportunity to listen firsthand to experienced practitioners and have a better understanding of the U.S. financial markets. This valuable knowledge will give them the confidence to tap foreign capital markets directly to further their growth and compete with other international players." Fahman added: "As Vietnam prepares to join the WTO and continues to privatize thousands of State-Owned Enterprises, Providential Holdings can play a very important role in assisting Vietnamese companies in their financing and growth strategies."

      About Providential Holdings, Inc.

      Providential Holdings specializes in mergers and acquisitions and invests in international markets. The Company acquires and consolidates special opportunities in selective industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

      Providential Holdings, Inc.
      Timothy Pham, 84-988657212
      info@phiglobal.com


      Source: Business Wire (October 13, 2005 - 10:21 AM EDT)

      News by QuoteMedia
      www.quotemedia.com
      Avatar
      schrieb am 18.10.05 12:27:19
      Beitrag Nr. 100 ()
      Press Release Source: Providential Holdings, Inc.


      Providential Holdings Updates on Form 10KSB Filing and Earnings Release
      Tuesday October 18, 5:14 am ET


      LOS ANGELES, CA--(MARKET WIRE)--Oct 18, 2005 -- Providential Holdings, Inc. (OTC BB:PRVH.OB - News) (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, today announced that it has experienced unexpected delays in the filing of Form 10KSB and providing operating results for the fourth quarter and fiscal year ended June, 2005.
      ADVERTISEMENT


      The delays stem directly from the additional time required to complete the financial statements and audits for two of its subsidiaries that have been recently reorganized. The Company has been advised that an "E" will be appended to its trading symbol beginning October 19, 2005, but expects to rectify the situation quickly after the filing of Form 10KSB by the end of next week.

      Henry Fahman, chairman and CEO of Providential Holdings, stated, "While the Company believes the restructurings will enhance overall shareholder value in the near future, we wish to apologize to our shareholders and investors for this egregious tardiness." Fahman added: "One can cite all the reasons in the world but ultimately the CEO is responsible for it; it`s just unacceptable and we must not let it happen again."

      About Providential Holdings, Inc.

      Providential Holdings specializes in mergers and acquisitions and invests in international markets. The Company acquires and consolidates special opportunities in selective industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



      Contact:
      Providential Holdings, Inc.
      Timothy Pham
      714-843-5456
      Email Contact



      --------------------------------------------------------------------------------
      Source: Providential Holdings, Inc.
      Avatar
      schrieb am 21.10.05 10:54:28
      Beitrag Nr. 101 ()
      Providential Holdings Subsidiary Touchlink Communications Receives FCC License

      Friday , October 21, 2005 03:48 ET

      LOS ANGELES, CA, Oct 21, 2005 (MARKET WIRE via COMTEX) --Providential Holdings, Inc. (OTC BB: PRVHE); (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that its majority-owned subsidiary Touchlink Communications, Inc. has been granted Section 214 license from the Federal Communications Commission.

      As previously announced, Touchlink Communications and Fareast Connect, Inc., a California corporation, have entered into a partnering agreement enabling the latter or its principals to make an investment equivalent to 49% of the fully-funded operating budget of the former, in exchange for equity ownership in Touchlink Communications. Touchlink will serve as the most-favored service provider for Fareast Connect, which currently operates wholesale phone card, money transfer, and travel-related businesses. Since Fareast Connect`s current phone card revenues are in excess of $1.5 million per month, Touchlink`s monthly revenues are expected to exceed $2.5 million after the first six months of cooperation.

      Henry Fahman, chairman of Providential Holdings, commented: "We are very pleased to have received the FCC license which allows us to provide international facilities-based and resold service in the U.S. We believe Touchlink Communications operations will quickly add revenues and profitability to Providential Holdings in the near future."


      http://www.knobias.com/individual/public/news.htm?eid=3.1.42…
      Avatar
      schrieb am 27.10.05 20:20:06
      Beitrag Nr. 102 ()
      news news news news news news news news


      Providential Holdings and Tulon Pacific Terminate Acquisition Plan



      LOS ANGELES, CA -- (MARKET WIRE) -- 10/27/05 -- Providential Holdings, Inc. (OTC BB: PRVHE); (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that it is unable to complete the announced agreement to acquire a controlling interest in Tulon Pacific, LLC, the subject of previous press releases.

      Tulon Pacific and the Company had intently pursued a business combination strategy to create additional value for both companies by turning Tulon into a platform for further growth globally in the printed circuit board market. However, due to recent changes in both companies` dynamics, Tulon Pacific and Providential were unable to reach a revised agreement for a business combination.

      Henry Fahman, chairman of Providential Holdings, commented: "While Tulon Pacific`s business prospects are exciting, both the management of Tulon Pacific and the management of Providential Holdings believe that given the increased focus of Providential Holdings upon the many business opportunities it is developing in Asia and the demands and growth opportunities for Tulon Pacific, that it is in the best interest of both companies to focus their attention on what they do best. We sincerely wish Tulon Pacific and its management continued success in their business endeavors."
      Avatar
      schrieb am 27.10.05 20:24:19
      Beitrag Nr. 103 ()
      jetzt werden wir ein desaster erleben tulon ist am arsch:mad:
      Avatar
      schrieb am 27.10.05 20:37:07
      Beitrag Nr. 104 ()
      wenn er schon so ein nachricht raus bringt dann sind morgen die zahlen noch schlemmer habe grade ein verkauf order in usa für meine letzten gekauft schars in usa zu 0,033 hoffe das jemand die mir heute abnemen tut hoffe das ich auch da richtig handle:cry:
      Avatar
      schrieb am 27.10.05 20:47:58
      Beitrag Nr. 105 ()
      Gibts was was bei PRVH nicht in Arsch ging????:confused:
      Avatar
      schrieb am 27.10.05 20:52:22
      Beitrag Nr. 106 ()
      grade ist die order ausgeführt worden aber kommich der kurs reagiert bis jetzt überhaupt nicht auf diesen scheiss meldung:confused:

      180$verlust wegen diesen scheiss henry er meint er hat soviel zutun in vietnam der will uns jetzt vietnam als neue
      diel verkaufen
      Avatar
      schrieb am 27.10.05 20:58:24
      Beitrag Nr. 107 ()
      da ist jemand der saugt alles zu 0,033:confused:

      hat er die news noch nicht gelesen oder weiss er das die zahlen gut sind

      @guenter

      das war aber guter überraschung für dich und real bistimmt auch:laugh:
      Avatar
      schrieb am 27.10.05 21:01:18
      Beitrag Nr. 108 ()
      Leute, die Verarschung ist noch nicht zu Ende.
      Wenn HF sich jetzt schon traut, die Tulon-Abkack-News zu bringen,
      dann hat er noch was im Ärmel. Wahrscheinlich einen manipulierten
      Buchgewinn, der die Zahlen nicht so beschissen aussehen läßt, wie sie sind.
      Was den Tulon-Schwindel in Vergessenheit bringt und den Kurs womöglich
      kurzfristig aufbläht, bevor es wieder südwärts geht.
      In den Knast mit der Lügenbande!
      :cool:
      Avatar
      schrieb am 27.10.05 21:21:20
      Beitrag Nr. 109 ()
      @ schakal23

      wegen 180 $ machst du so ein Geschrei ,

      kommst du dir nicht ein bißchen lächerlich vor .

      das ist ja nicht mal ein Taschengeld .

      Der Engel
      Avatar
      schrieb am 27.10.05 21:40:38
      Beitrag Nr. 110 ()
      Aktueller Aktionärsbrief von HF (ziemlich kurz gehalten, aber inhaltlich wertvoll)











      Dear shareholders,

      no tulon-deal..........same procedure as every year!

      sincerely your

      Henry "the liar" Fuckman oder so ähnlich.......


      For more information, contact:
      Providential Holdings, Inc.
      Timothy "the liar`s friend" Pham
      714-843-5450, Ext 5456
      Email Contact
      http://www.phitheliar.com
      Avatar
      schrieb am 27.10.05 21:41:29
      Beitrag Nr. 111 ()
      Es ist noch Platz für 2 Nullen mehr nach dem Komma;)
      Avatar
      schrieb am 27.10.05 21:49:34
      Beitrag Nr. 112 ()
      Henry hat noch nie einen geplatzten Deal so offensiv verkauft, wie heute. Da dürfte irgendwas im Busch sein. An bessere Zahlen glaube ich nicht. Vielmehr denke ich, dass die Focussierung auf das Vietnam-Geschäft konkretere Züge annimmt. Henry ist hier gegenüber anderen klar im Vorteil. Und das muss er jetzt nutzen. Es ist seine letzte Chance.
      Avatar
      schrieb am 27.10.05 21:52:51
      Beitrag Nr. 113 ()
      [posting]18.474.641 von silberesel am 27.10.05 21:40:38[/posting]Na bravo, Silverdonkey0, wow.
      Inhaltsgleiches posting ins englische übersetzt, was für ein gesteigertes Niveau hier im board. Respekt und meine Verehrung :laugh:
      Avatar
      schrieb am 27.10.05 22:30:52
      Beitrag Nr. 114 ()
      :look:

      hm ... lol?? ........ naja hehe ....

      Wir fassen zusammen: PRVH bleibt seiner Linie treu ...
      Ankündigen, - Versprechen - Absagen.
      (und oberintelligente GNs und RHs nutzen um die Leute zu verarschen)

      Opla -Süßer ... 90% PRVH im Depot .... Bussi aufs Bauchi^^

      Und nochwas Opla/Rheinberg ... könntet ihr zukünftig ein bisschen netter zu mir sein, wenn ich versuche die (neuen) Leute hier im Board vor PRVH zu warnen??

      MFG

      Bierstuhl
      Avatar
      schrieb am 27.10.05 22:36:25
      Beitrag Nr. 115 ()
      der frage ist warum ist der kurs nicht zusamen gebrochen das habe ich 100% erwartet:confused: da hält jemand sein hand auf 0,033
      Avatar
      schrieb am 27.10.05 22:40:54
      Beitrag Nr. 116 ()
      Bei 106 000 stk. :laugh::laugh::laugh::laugh:

      Hier sind wir fertig, am besten jetzt noch grottenschlechte Zahlen, dann hat das Leiden bald ein Ende :mad:

      mfg Paros
      Avatar
      schrieb am 28.10.05 01:45:59
      Beitrag Nr. 117 ()
      Finde es ja auch immer wieder amüsant hier. Wäre aber trotzdem nett, wenn wir den News Thread wieder News Thread sein lassen könnten.

      Danke
      Avatar
      schrieb am 28.10.05 03:55:45
      Beitrag Nr. 118 ()
      Das wahrlich positive ist doch, dass trotz aller Sorgen die Firma gerade augenscheinlich keine Aktien auswirft, und das ist an der OTC mit Abstand das Wichtigtste, siehe NTTL, die jedes Quartal den Himmel versprechen und doch keine neuen Aktien benötigen, insofern wurde endlich mal ein Schlußstrich unter die Tulongeschichte gezogen, eine Sache von der eh schon jeder wußte, in wie weit die Funktionalität des Arangement reichte. Auf weiter schlimme Zeiten

      sauer
      Avatar
      schrieb am 28.10.05 15:53:12
      Beitrag Nr. 119 ()
      :look::look::look:

      "newsthread"????? ....... das is eine komplette Ansammlung der Fahman-Lügen und das unkommentiert!!!!!

      NEWS: FAHMAN IST EIN LÜGNER UND BETRÜGER (nicht wirklich neu) lol

      ...an alle, die was wichtiges und wahres über PRVH zu melden haben hier posten!!!!!!!!!!

      Nur Wahres!!! ... also nix für Oplas, GNs und RHs ...

      mfg

      Bierstuhl:D
      Avatar
      schrieb am 31.10.05 23:12:42
      Beitrag Nr. 120 ()
      :eek: .... 0.025$ :rolleyes:

      uff ... RH hat jetzt weniger als 10000€ in PRVH und wie sweet @Opla seiner Ollen erklären will, dass er 90% Depot in Prvh hat(te;) ) ..... uff (die 90% werden schnell zu 20% lol)

      Ich bin immer noch tierisch sauer (hab 90k mit 0.013€) "abgeschrieben" aber andere hats noch härter erwischt.

      Btw: HF und Tina gehts gut und der Sohn wird mal ne Aktiengesellschaft gründen ... dann könnt ihr wieder einsteigen ... wie wärs mit "Lucky Holdings"? ^^^

      mfg Bierstuhl
      (der schon fast drüber weg ist hehe)
      Avatar
      schrieb am 01.11.05 20:42:57
      Beitrag Nr. 121 ()
      NEWS!!!!

      PRVH ist unter 0.02 ^^

      (wenn das keine news sind) hehe

      btw... HF hat doch versprochen die Zahlen rasch nachzureichen .... oder hat er sich wieder mal "versprochen"^^

      MFG

      Bierstuhl

      Gruß an Opla:D und RH:D ....
      Avatar
      schrieb am 01.11.05 21:19:15
      Beitrag Nr. 122 ()
      Bierstall,

      Du kannst Dich lustig machen, wie Du magst, es geht mir bereits sehr schlecht, stimmungsmäßig als auch finanziell auf Hinsicht in PRVH.
      Mir ist dies alles bekannt aber meine eigene Meinung hat sich nicht geändert wobei ich eigestehen muss, daß ich mich sehr verletzt gefühlt habe, als Herr Fahman sein Wort nicht gehalten hat.
      Ich habe es Ihm telefonisch soeben noch einmal mitgeteilt.
      Er sagte mir, daß er heute oder morgen eine Press Release ausgeben wird, in welcher einiges erklärt wird.
      Avatar
      schrieb am 01.11.05 22:04:17
      Beitrag Nr. 123 ()
      Ich werde Fahman auch was mitteilen, aber ich glaube nicht das er mit mir dann noch spricht:mad::mad::mad::mad:

      Er kann sich seine Press Release in den Ar...........stecken :rolleyes:

      mfg Paros
      Avatar
      schrieb am 01.11.05 22:07:27
      Beitrag Nr. 124 ()
      News

      Providential Holdings Comments on Stock Trading Activity
      Providential Holdings, Inc. (OTC BB: PRVHE) (German Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, today announced that it is unaware of any developments that might have caused unusual trading activity in its stock today.

      Although the Company has experienced further unexpected delays in the filing of Form 10KSB for the fiscal year ended June 30, 2005 and an "E" has been appended to its trading symbol, it expects to file the annual report in the next few days and rectify the situation quickly after that. The Company will also provide a corporate update following the filing of Form 10KSB.

      About Providential Holdings, Inc.

      Providential Holdings specializes in mergers and acquisitions and invests in international markets. The Company acquires and consolidates special opportunities in selective industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



      Source: Market Wire (November 1, 2005 - 3:41 PM EST)

      News by QuoteMedia
      www.quotemedia.com
      Avatar
      schrieb am 01.11.05 22:16:47
      Beitrag Nr. 125 ()
      Wie immer der gleiche Schwachsinn, die wissen doch genau man das alles zu erfolgen hat, und jedes mal Ausreden, nichts als Ausreden.............ATC hab ich dann schon bald zwei Jahre im Depot :mad::mad:

      mfg Paros
      Avatar
      schrieb am 01.11.05 22:29:08
      Beitrag Nr. 126 ()
      :laugh: .... coole news ....

      "to rectify a situation" heißt: die Lage bereinigen oder verbessern ....

      interessant aber: er spricht davon , dass das "after" den Zahlen kommt ...

      d.h.: wieder mal Vertröstungen auf den ... Sankt Nimmerleinstag ...

      Wir kriegen diesen Monat noch unter 0,01 ... möglicherweise unter 0,005 .... dann kann ich meinen Bestand um 500€ verdreifachen ... is das ned cool?? ^^

      Grüße an @Opla und @RH ...

      MFG

      Bierstuhl (oder auch Bierstall- mir egal hehe) ... ich bin mit mir selbst im Reinen ;)
      Avatar
      schrieb am 01.11.05 23:51:04
      Beitrag Nr. 127 ()
      Opla und Schwätzer haben sich schon aus dem Staub gemacht. Nach so viel Schwachsinn was die geschrieben haben, würde ich es auch tun.
      :laugh:
      :laugh::laugh:
      :laugh::laugh::laugh:
      :laugh::laugh::laugh::laugh:
      :laugh::laugh::laugh::laugh::laugh:
      Avatar
      schrieb am 02.11.05 08:27:04
      Beitrag Nr. 128 ()
      Du sprichst mir aus der Seele. Von mir aus kann er auch die ganzen sinnentleerten Stock-Dividends aus meinem Depot nehmen und hinterherschieben. Kommt bestimmt supergut....:laugh::laugh::laugh:
      Avatar
      schrieb am 02.11.05 13:06:36
      Beitrag Nr. 129 ()
      :eek: "Erde an den 90% PRVH im Depot OPLAAAAAAAAA!!!! Bitte melden!!"
      Avatar
      schrieb am 02.11.05 13:22:17
      Beitrag Nr. 130 ()
      [posting]18.541.820 von Bierstuhl am 02.11.05 13:06:36[/posting]Hallo an euch alle,was macht ihr noch alle da!
      Es ist schon lange vorbei mit dem Abzocken...!!!!:yawn:
      Avatar
      schrieb am 10.11.05 21:08:49
      Beitrag Nr. 131 ()
      :laugh: NEWS!!!

      1.: HF ist mit seinen Zahlen spät dran.

      2.: HF hält auch seinen nachträglich via RH bekanntgegebenen Termin nicht ein.

      3.: Das sind eigentlich gar keine "news" sondern das ist Alltag hier ^^

      MFG

      Bierstuhl
      Avatar
      schrieb am 21.11.05 12:28:38
      Beitrag Nr. 132 ()
      Avatar
      schrieb am 07.12.05 15:21:18
      Beitrag Nr. 133 ()
      Press Release Source: Providential Holdings, Inc.

      Providential Holdings Subsidiary Providential Oil & Gas Partners with Midland-based Firm to Develop Up to 24 Gas Wells in West Texas
      Wednesday December 7, 9:13 am ET

      LOS ANGELES--(BUSINESS WIRE)--Dec. 7, 2005--Providential Holdings, Inc. (OTCBB:PRVHE - News; Berlin and Frankfurt Stock Exchanges:PR7 - WKN 935160) (www.phiglobal.com), a provider of international advisory services specializing in mergers and acquisitions, today announced that the Company`s wholly-owned subsidiary Providential Oil & Gas, Inc. has signed an agreement with Terra-Firma, a Midland-based independent oil and gas company, to co-develop up to 24 gas wells on Hudspeth Ranch, Crockett County, Texas.

      ADVERTISEMENT
      The Hudspeth Ranch is located approximately twenty-five miles south of the town of Ozona and seventy miles north of Del Rio, Texas. The "Canyon Sandstone" formation gas wells located on this ranch is part of the large prolific Adams-Baggett Canyon Sandstone Field. The Canyon Sand is found at a depth of 4,300 feet to 4,900 feet.

      The wells inside the Proven Undeveloped (PUD) acreage throughout this Hudspeth Ranch have typically experienced payout with reimbursement of the initial working interest purchase amount between eighteen months to three years. If natural gas prices continue to escalate, as long-term national trends currently indicate, then payout may occur within a shorter time span. The attractiveness of this area`s gas production zones lie in their historical production lifespan for new wells of 25 to 35 years, thus allowing for a potential stable and continuous revenue stream for the Company.

      Henry Fahman, Chairman and CEO of Providential Holdings, commented: "Since early this year, we have investigated a number of oil and gas opportunities in the US and abroad and are very pleased to partner with Terra-Firma to begin developing these PUD gas wells on Hudspeth Ranch, as part of our overall emphasis on the energy industry."

      Joseph Glenn, President of Terra-Firma Gas & Oil, Inc., stated: "Terra-Firma is honored to be partnered with Providential Oil & Gas in this project. The Canyon Sandstone that we will be drilling in is located in the West Texas Permian Basin. This area is very large and consistently produces commercially viable gas wells. With the great demand for gas and the increasing natural gas prices, with no significant downturn in the foreseeable future, we expect this to be a very rewarding and profitable venture for all concerned. Terra-Firma looks forward to exploring other projects with Providential Oil & Gas in the future."

      About Providential Holdings, Inc.

      Providential Holdings specializes in mergers and acquisitions and invests in various businesses with potential for high growth. The Company acquires and consolidates special opportunities to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

      Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management`s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.


      Contact:

      Providential Holdings, Inc.
      Timothy Pham, 714-843-5456
      ir@phiglobal.com

      Source: Providential Holdings, Inc.
      Avatar
      schrieb am 08.12.05 15:11:36
      Beitrag Nr. 134 ()
      12/8/2005

      Dec 08, 2005 (M2 PRESSWIRE via COMTEX) --
      Stocks in the News: Providential Holdings Incorporated (OTC: PRVH), Chevron Corporation (NYSE: CVX), Duke Energy Corporation (NYSE: DUK), Exxon Mobil Corporation (NYSE: XOM)

      For Corporate or Company information in regards to SessionsIR, please visit: www.sessionsir.com or contact us at: info@sessionsir.com.

      For StockSwami Morning alerts, go to www.stock-swami.com

      Providential Holdings Incorporated (OTCBB: PRVH) (OTCBB: PRVHE) a provider of international advisory services specializing in mergers and acquisitions, announced on Wednesday that the Company`s wholly-owned subsidiary Providential Oil & Gas, Inc. has signed an agreement with Terra-Firma, a Midland-based independent oil and gas company, to co-develop up to 24 gas wells on Hudspeth Ranch, Crockett County, Texas. The Hudspeth Ranch is located approximately twenty-five miles south of the town of Ozona and seventy miles north of Del Rio, Texas. The "Canyon Sandstone" formation gas wells located on this ranch is part of the large prolific Adams-Baggett Canyon Sandstone Field. The Canyon Sand is found at a depth of 4,300 feet to 4,900 feet.
      Avatar
      schrieb am 08.12.05 16:25:18
      Beitrag Nr. 135 ()
      Bevor dir gleich einer abgeht, in einem Thread reicht es diesen Schwachsinn einzustellen. :laugh::laugh:
      Avatar
      schrieb am 09.12.05 13:05:50
      Beitrag Nr. 136 ()
      Der Quartalsbericht von PRVH ist raus:

      http://secfilings.nasdaq.com/filingFrameset.asp?FileName=000…

      PRVH hat im 1. Quartal (1.7. - 30.9.) übigens 800 000 Nettel Aktien verkauft.

      Fraktal
      Avatar
      schrieb am 09.12.05 13:49:37
      Beitrag Nr. 137 ()
      Mir egal ... lange habe ich gehoft das ein blindes Huhn auch mal ein Korn findet. Aber HF ist nicht nur blind, sondern auch ein Betrüger. HEUTE habe ich meine SCHEISS Aktien verkauf und kann wenigstens von den Scherben etwas vernüftiges kaufen. Vorteil ist, ich sehe den Mißt nicht mehr in meinem Depot. Kann mir jemand sagen wie ich ohne große Kosten diese ganzen wertlosen Aktien die ich hierdurch eingebucht bekommen habe auch wieder loswerde !
      Verkaufen kann man den Kram ja nicht !
      Avatar
      schrieb am 09.12.05 15:05:58
      Beitrag Nr. 138 ()
      Providential Holdings Reports Further Improvements for Quarter Ended September 30, 2005

      LOS ANGELES, CA -- (MARKET WIRE) -- 12/09/05 -- Providential Holdings, Inc. (OTC BB: PRVHE) (Berlin Stock Exchange and Frankfurt Stock Exchange:PR7 - WKN 935160) (www.phiglobal.com), a provider of international advisory services specializing in mergers and acquisitions and investing in selective businesses with potential for high growth, today commented on financial results for the quarter ended September 30, 2005.

      Total revenues were $40,805 and $212,451 for the three months ended September 30, 2005, and 2004, respectively. Revenues for the current period consist of $32,853 in advisory and consulting fees, and $7,952 in sales. The Company had not completed the transactions contemplated in the consulting agreements signed during the latest quarter and earlier but will report the revenues related to these projects in the near future when they are finished.

      Total general and administrative expenses were $62,852 and $124,892 for the three months ended September 30, 2005, and 2004, respectively. The decrease is primarily due to the decreased activity and cost saving measures of the Company. Professional services were $111,376 and $228,261 for the comparable periods.

      Interest expense was $90,151 and $160,271 for the three months ended September 30, 2005, and 2004, respectively. During the three months ended September 30, 2005, the Company recorded a gain on the sale of marketable securities of $27,692; as compared to the three months ended September 30, 2004 when the Company recorded a gain of conversion of notes of $20,393 and a gain on legal settlement of $17,148. During the three month period ended September 30, 2005, the Company recorded bad debt expense of $105,346 to write off uncollectible receivables. The Company had no bad debt expense in the three month period ended September 30, 2004.

      Net loss for the three months ended September 30, 2005 was $394,624, compared to a net loss of $521,724 for the same period in 2004, which is equivalent to ($0.00) per share in each period, based on the weighted average number of basic and diluted shares outstanding. The difference is primarily attributed to the refocused operations and cost saving measures of the Company during the quarter ended September 30, 2005 and a $72,222 loss from discontinued operations in the three months ended September 30, 2004, which is not present in the same three months in 2005.

      On a comprehensive basis, the Company had a comprehensive income of $2,069,168, or $0.013 per weighted average basic and diluted share, for the quarter ended September 30, 2005 as compared to a comprehensive loss of $1,562,284 or ($0.012) per weighted average basic and diluted share, for the quarter ended September 30, 2004.

      The Company`s balance sheet also showed further improvements as of the close of the latest quarter. Total assets were $6,314,446 as of September 30, 2005 as compared to $958,861 as of September 30, 2004, an increase of $5,355,585. Total liabilities as of September 30, 2005 were $3,554,076 as compared to $5,424,044 as of September 30, 2004, a decrease of $1,869,968. Total stockholders` equity was $2,760,370 as of the close of the quarter ended September 30, 2005 as compared to total stockholders` deficit of $4,465,183 as of September 30, 2004, an increase of $7,225,553.

      Henry Fahman, Chairman and CEO of Providential Holdings, commented: "Since we choose to recognize revenues as earned for our advisory services only when the transactions are one hundred percent completed, our total revenues for the latest quarter were relatively small. However, we made a lot of progress on a number of projects that had been signed during the last quarter and earlier, which will result in substantial revenues for the Company when finished. We are also very pleased with the strengthening of our balance sheet. We had had a stockholders` deficit for the last several years but since June 30, 2005 our stockholder`s equity position has improved steadily." Fahman added: "As we have refocused our attention on M&A advisory activities in the US, China, and Vietnam, and at the same time prudently investigated new opportunities with potential for high growth, we believe the refocus will help deliver significant operating results in the coming quarters."

      Fraktal
      Avatar
      schrieb am 09.12.05 15:11:31
      Beitrag Nr. 139 ()
      [posting]19.215.403 von dl9baf am 09.12.05 13:49:37[/posting]Und wegen 21000 Stücken machst du so einen Aufstand? :rolleyes:
      Avatar
      schrieb am 10.12.05 08:34:58
      Beitrag Nr. 140 ()
      Die Frage ist zu welchem Peis ich die 21T mal gekauft habe ! Aber schon recht, jeder muss mal Schmerzensgeld zahlen und das hier war meins. Also vergessen und jetzt muss ich nur noch diese wertlos Aktien von HF loswerden.
      Avatar
      schrieb am 12.12.05 12:43:41
      Beitrag Nr. 141 ()
      sehe gerade prvh (ohne "e") in yahoo und Überschuldung weg, also deutlich bessere B/S.
      Henry scheint doch nicht auf dem richtigen Weg zu sein?
      Stocke mein Depot nochmals ein wenig auf.:lick:
      Avatar
      schrieb am 12.12.05 13:48:31
      Beitrag Nr. 142 ()
      Bin gespannt wie sich das Wegfallen des "E" heute auswirkt.
      Avatar
      schrieb am 12.12.05 16:28:13
      Beitrag Nr. 143 ()
      PRVH scheint auf einem besseren Weg zu sein..erstmals...mal schauen wie es weiter geht.
      aktuell 33% plus

      weiter so

      ich sitze auch schon lange mit viel geduld drin..
      grüße
      svenja
      Avatar
      schrieb am 12.12.05 16:28:48
      Beitrag Nr. 144 ()
      [posting]19.257.063 von SeroZ am 12.12.05 13:48:31[/posting]@seroz
      Interesse hält sich ja hier im Board bisher in Grenzen.
      Avatar
      schrieb am 12.12.05 16:42:50
      Beitrag Nr. 145 ()
      [posting]19.259.724 von brokersvenja007 am 12.12.05 16:28:13[/posting]hey Svenja,

      bist mir einige Sekunden zuvor gekommen.

      Bin mal gespannt, ob das nur ein Strohfeuer ist oder ob wirklich mal was fuundamentales und damit auch wieder Anlegerinteresse kommt.
      Avatar
      schrieb am 12.12.05 16:52:43
      Beitrag Nr. 146 ()
      Das Volumen ist zu gering.

      Ich hoffe auf eine News im Laufe der WOche, die uns endlich mehr Aufmerksamkeit bringt.
      Avatar
      schrieb am 12.12.05 17:09:40
      Beitrag Nr. 147 ()
      ... gäähn ...

      Ihr wollt ne neue HF-Lüge ?? ... kriegt ihr bestimmt ...

      Ihr wollt etwas, was den Kurs derart anhebt, dass auch ihr mal die chance habt, shares abzudrücken?? Das geht nur wenn ihr mit dem Preis kräftig runtergeht....

      .... gäähn ... Immer dasselbe hier ...

      mfg

      Bierstuhl
      Avatar
      schrieb am 12.12.05 19:32:51
      Beitrag Nr. 148 ()
      ach kuck an die (E) ist weg:eek:

      :laugh:
      Avatar
      schrieb am 13.12.05 13:17:13
      Beitrag Nr. 149 ()
      verkehrte Welt!
      gestern ging es nach kurzem Ruckeln in USA bei 0,040 wider auf 0,030 zurück.
      Heute wird in Deutschland besser gezahlt.

      Die Nachrichten der letzten Tage :lick:sind eigentlich nicht schlecht. Frage ist nur ob Henry noch jemand glaubt?
      Wenn er Vertrauen schafft und Anleger zurückommen ist durchaus ein höherer Kurs gerechtfertigt.:D

      Das Interesse hier im Board läßt mich jedoch grübeln, ob mein Geld (aktueller Verlust bei ca. 80%) nicht noch komplett versenkt wird.:mad:
      Avatar
      schrieb am 14.12.05 09:25:58
      Beitrag Nr. 150 ()
      ... und ich bin vermutlich noch alleine auf diesem sinkenden Schiff :mad:
      Hab da in einem Board ein Bild gesehen - letzter auf dem sinkenden Schiff, der sich die Frage stellt warum das plötzlich aufwärts geht:cry:
      Avatar
      schrieb am 14.12.05 12:39:23
      Beitrag Nr. 151 ()
      [posting]19.282.177 von flua am 14.12.05 09:25:58[/posting]@flua

      Du bist nicht allein! Mein Bestand hat sich mittleiweile auf 600k erhöht und werde erst ab 0,10 verkaufen egal wann immer diese Marke erreicht wird... (und diese Marke wird erreicht...soooon!)

      Schau mer mal;)
      Avatar
      schrieb am 14.12.05 12:43:11
      Beitrag Nr. 152 ()
      SessionsIR.com: ConocoPhillips and Burlington would create gas superpower: PRVH, WRES, WNWG, COP, BR

      Tuesday , December 13, 2005 07:01 ET

      Dec 13, 2005 (M2 PRESSWIRE via COMTEX) -- Stocks in the News: Providential Holdings Incorporated (OTC: PRVH), Warren Resources Incorporated (NASDAQ: WRES), Wentworth Energy Incorporated (OTC: WNWG), ConocoPhillips (NYSE: COP), Burlington Resources Incorporated (NYSE: BR)

      For Corporate or Company information in regards to SessionsIR, please visit: www.sessionsir.com or contact us at: info@sessionsir.com.

      For StockSwami Morning alerts, go to www.stock-swami.com

      Providential Holdings, Inc. (OTCBB: PRVH) recently announced that the Company`s wholly-owned subsidiary Providential Oil & Gas, Inc. has signed an agreement with Terra-Firma, a Midland-based independent oil and gas company, to co-develop up to 24 gas wells on Hudspeth Ranch, Crockett County, Texas. The wells inside the Proven Undeveloped (PUD) acreage throughout this Hudspeth Ranch have typically experienced payout with reimbursement of the initial working interest purchase amount between eighteen months to three years. If natural gas prices continue to escalate, as long-term national trends currently indicate, then payout may occur within a shorter time span. The attractiveness of this area`s gas production zones lie in their historical production lifespan for new wells of 25 to 35 years, thus allowing for a potential stable and continuous revenue stream for the Company.

      Independent oil and gas producer Warren Resources Inc. (NASDAQ: WRES) boosted its 2006 spending budget to $108 million and announced production guidance for the coming year Monday. Warren said the capital plan -- which represents a sharp increase over its 2005 budget - calls for $103 million to be spent on drilling 155 new wells. The company expects to invest three times more than what it spent on drilling in 2005. The company said it expects to churn out between 700,000 and 800,000 barrels of oil in 2006, as well as 1.15 billion to 1.3 billion cubic feet of natural gas.

      Wentworth Energy, Inc. (OTC: WNWG) recently acquired approximately 1900 acres of oil sand leases in Utah`s prolific Asphalt Ridge oil sands region. The oil sand properties are located about 3.5 miles southwest of the town of Vernal, Utah. The leases were acquired for cash with the seller retaining a five percent overriding royalty interest in the leases. According to historic geological reports the Company believes that total recoverable reserves from these leases could be over 75 million barrels of oil. With the recent addition of Wentworth`s Asphalt Tar Sands project, Wentworth is acquiring a large portfolio of assets in the form of untapped recoverable reserves.

      ConocoPhillips (NYSE: COP), which made billions of dollars by betting on the golden profits of the U.S. refining industry, is now making a big gamble on the future of natural gas. The Houston-based oil major is in advanced talks to buy gas and oil producer Burlington Resources Inc. (NYSE: BR) for more than $30 billion, a deal that would catapult it to being the largest gas producer in North America, sources familiar with the situation said on Monday.

      Mondays Close: Oil prices climbed above $60 a barrel Monday as OPEC agreed to maintain its present production levels amid anticipation that energy demand would grow as colder weather grips the northeastern United States, the world`s largest heating oil market. Explosions at an oil terminal north of London on Sunday also raised supply concerns, but authorities said the blasts will not lead to a shortage. Light sweet crude for January delivery on the New York Mercantile Exchange rose 86 cents in midday trade to $60.25 a barrel. January Brent crude at London`s ICE Futures exchange rose $1.09 to $58.40 a barrel.

      ABOUT SESSIONSIR:

      SessionsIR (http://www.sessionsir.com/) is a full service corporate communications firm that provides an information bridge to the investment community. SessionsIR equipped to handle all aspects of the complex process of bringing the most concise and vital information about a company to audiences specifically targeted on the basis of their interest and qualifications. In short, SessionsIR makes sure that those interested parties get the data they want about the companies in which they are interested without extraneous information, and enhances the ability of companies to transmit their customized message in the most efficient and effective manner possible.

      This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or a solicitation to buy or sell securities. SessionsIR has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by SessionsIR to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this release have not given an opinion or approved the statements made in this release.

      SessionsIR is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. SessionsIR affiliates, officers, directors and employees may also have bought, or may buy the shares discussed in this opinion and may profit in the event of a rise in value. SessionsIR will not advise as to when it decides to sell and does not, and will not, offer any opinion as to when others should buy or sell; each investor must make that decision based on his or her judgment of the market. Please consult your broker before purchasing or selling any securities mentioned herein.

      M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

      (C)1994-2005 M2 COMMUNICATIONS LTD

      **********************************************************************

      As of Friday, 12-09-2005 23:59, the latest Comtex SmarTrend(SM) Alert,
      an automated pattern recognition system, indicated an UPTREND on
      11-22-2005 for BR @ $72.87.

      As of Friday, 12-09-2005 23:59, the latest Comtex SmarTrend(SM) Alert,
      an automated pattern recognition system, indicated a DOWNTREND on
      11-18-2005 for COP @ $62.61.

      (C) 2005 Comtex News Network, Inc. All rights reserved.
      Avatar
      schrieb am 14.12.05 21:39:38
      Beitrag Nr. 153 ()
      [posting]19.284.874 von new_investor am 14.12.05 12:43:11[/posting]hey new investor.

      Mein Problem ist Henry und dessen "Luftnummern". Bin leider schon zu lange investiert und frage mich natürlich, was Du aus dieser Meldung fundamentales liest?

      Stehe jedoch trotz der Erfahrung zu meiner Entscheidung, was bedeutet 0,1x oder 0,00000.
      Dazwischen gibt es auch für mich keine Veränderung. Lediglich zukaufen werd ich mit meinem Bestand nicht mehr.
      Avatar
      schrieb am 19.12.05 18:44:56
      Beitrag Nr. 154 ()
      Jeantex Group Confirms New Customer Orders
      Monday December 19, 6:00 am ET


      LOS ANGELES, CA--(MARKET WIRE)--Dec 19, 2005 -- Jeantex Group, Inc. (OTC BB:JNTX.OB - News) (Berlin Stock Exchange: A0F45Q), a corporation engaged in the design, development, manufacturing and marketing of consumer products for apparel markets worldwide, today announced that it has signed several new apparel manufacturing contracts.
      The Company`s new manufacturing contracts are for the production of private label denim bottoms. New customers include:

      -- Samsung -- Jeantex will be manufacturing denim bottoms and t-shirts
      for several of the Korean conglomerate`s licensing partners. The Company`s
      first manufacturing order from Samsung is for the Heatherette label.
      -- TMI Holdings -- This Los Angeles-based company is owner of the Vikki
      Vi denim brand that can be found at Nordstrom, Dillard`s, and Marshall
      Field`s stores. Jeantex will be manufacturing Vikki Vi denim products for
      the company`s Junior, Missy, and Plus Size divisions.
      -- ROPE -- Jeantex will serve as a private label denim manufacturer for
      this Japanese-based department store chain. Denim bottoms designed and
      manufactured by Jeantex will be under the `ROPE` (pronounced ro-pay) label.
      -- Yves Castaldi -- Jeantex will manufacture and ship denim apparel for
      this Los Angeles-based designer under the "Just Yves" and "I Generation"
      brands. These labels can be found in upscale department stores and
      boutique stores in the U.S. and Europe.
      -- Stronghold Jeans -- Jeantex has received an order to manufacture a
      premium denim line for Stronghold Jeans, which is the second oldest denim
      company in the United States.
      -- John Deere -- One of the world`s largest makers of farm equipment,
      Jeantex is in development to manufacture a private label denim line for the
      company.
      -- RJM Inc. -- Jeantex will manufacture private label denim bottoms for
      Los Angeles-based designer, Rhonda Jean Marc, under the "RJM" label.
      ADVERTISEMENT


      Additionally, Jeantex announced that the company-owned denim brand, Bone People, has received an order from Macy`s West that is scheduled for delivery in the Company`s fiscal 2005 fourth quarter. Jeantex is in the process of augmenting its processing capabilities with this customer to prepare for additional growth in 2006.

      Henry Fahman, Chairman of Jeantex Group, Inc., said, "We are very pleased to announce these new orders for Jeantex. The addition of these new customers represents a strong opportunity for our business in the 2006 fiscal year. We are excited to have commenced with production and believe our new customers are an ideal fit to our growing account base. We are encouraged with the momentum in our business and are proud to continue to diversify our portfolio of leading brands."

      About Jeantex Group, Inc.
      Avatar
      schrieb am 20.12.05 09:46:59
      Beitrag Nr. 155 ()
      Neue Filings mit Insiderkäufen...:eek:

      GN
      Avatar
      schrieb am 20.12.05 12:01:38
      Beitrag Nr. 156 ()
      [posting]19.346.782 von GuenterNetzer am 20.12.05 09:46:59[/posting]:laugh::laugh::laugh:

      Dazu etwas zu schreiben, da ist jede Zeile vergeudet.....:(

      mfg Paros
      Avatar
      schrieb am 22.12.05 18:37:59
      Beitrag Nr. 157 ()
      December 22, 2005 - 8:00 AM EST
      Jeantex Group Announces Acquisition of Yves Castaldi Corp.

      Jeantex Group, Inc. (OTC BB: JNTX) (Berlin Stock Exchange: A0F45Q), a corporation engaged in the design, development, manufacturing and marketing of consumer products for apparel markets worldwide, today announced that it has signed an agreement to acquire the majority ownership of Yves Castaldi Corporation.

      The Company will acquire 51 percent ownership of Yves Castaldi Corp. (www.yvescastaldi.com) for 10 million shares of Jeantex restricted common stock and $650,000 in cash, which includes provisions for Yves Castaldi Corp.`s working capital. The 10 million shares will be vested on a pro-rated basis, based on a minimum of $10.0 million in revenues and $2.5-$3.0 million in net profit generated by Yves Castaldi Corp. in the next twelve months.

      Based in California, Yves Castaldi Corp. designs and markets high end apparel under the `Just Yves,` `I Generation` and `Instinct Yves` brands. The Company`s founder, Yves Castaldi, is best known as having spent several decades as a stylist and collections designer for major European and American brands, including Diesel, Levi`s Europe, and Buffalo. Castaldi currently designs the premium denim collection in Europe for People of the World. He will continue with the company as lead designer for Just Yves, I Generation, Instinct Yves, and other fashion labels. Yves Castaldi`s fashion labels can be found in upscale department stores and boutique stores in the U.S. and Europe. `Just Yves` is a women`s luxury fashion brand with a collection of pants, jackets, shirts, skirts, dresses, vests and tops. `I Generation` is a premium denim brand for both men and women. Its product offering includes denim pants, shirts, jackets, T-shirts, and handbags.

      Henry Fahman, Chairman of Jeantex Group, Inc., said, "We are extremely pleased to announce the acquisition of this exciting fashion brand. We have an incredible opportunity to increase the Yves Castaldi brand presence and product collection in specialty stores and department stores throughout the U.S. and abroad. Yves` design and marketing expertise will prove invaluable to us as we continue to grow our store distribution and our capabilities. We remain focused on diversifying our product offering and will continue to create value for our shareholders as we build our business."

      Yves Castaldi, founder and lead designer of Yves Castaldi Corp., said, "I am extremely excited to be expanding my relationship with Jeantex. I look forward to working with the Jeantex team to build upon the growth momentum they`ve created, sharing their infrastructure and manufacturing expertise to accelerate the reach of the Yves Castaldi brand."

      Fraktal


      Beitrag zu dieser Diskussion schreiben


      Zu dieser Diskussion können keine Beiträge mehr verfasst werden, da der letzte Beitrag vor mehr als zwei Jahren verfasst wurde und die Diskussion daraufhin archiviert wurde.
      Bitte wenden Sie sich an feedback@wallstreet-online.de und erfragen Sie die Reaktivierung der Diskussion oder starten Sie
      hier
      eine neue Diskussion.
      PRVH(935160) Der NEWS-Thread