Wednesday, April 30, 2014

Ecrypt Technologies, Inc. (ECRY) Offers Viable Solution for Data Breaches Such as AOL’s Recent, Massive Hit

AOL, Inc. is urging its email users to change their passwords after a serious data breach on the company’s internal network and systems resulted in an increase of spam seemingly sent from AOL email accounts last week. The emails contained links for diet pills and Android malware, the online software company in a blog post Tuesday, adding that roughly 2% (about half a million users) of AOL email accounts may have been compromised.

“AOL’s investigation began immediately following a significant increase in the amount of spam appearing as “spoofed emails” from AOL Mail addresses. Spoofing is a tactic used by spammers to make it appear that the message is from an email user known to the recipient in order to trick the recipient into opening it. These emails do not originate from the sender’s email or email service provider – the addresses are just edited to make them appear that way,” an excerpt from the blog post reads.

AOL’s investigation is underway, along with help from federal authorities and forensics firm. AOL said the encrypted information has likely not been compromised, though it still strongly recommends that users change their passwords. This scenario is all too familiar for Ecrypt Technologies, an emerging provider of military-strength data security solutions for enterprise, government, and military. The company recognizes that online communication is saddled with the risk of liability, reputation damage, competitive threat, and other negative outcomes.

Ecrypt’s flagship solution to these threats is an integrated email and encryption server that can be quickly deployed to fortify the security of corporate communication, including attachments and mobile devices, against data breaches while eliminating phishing threats, malware infections, and spam. The technology alleviates companies’ needs for separate encryption servers to support bloated administration and multiple points of weakness.

Companies spend millions of dollars on firewalls, encryption and secure access devices, though the root of security risks stem from human error. Ecrypt’s all-in-one secure email system is designed to improve technology while removing human vulnerabilities.

For more information visit www.ecryptinc.com

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Raptor Resources Holdings Inc. (RRHI) Updates Investors on Derbyshire Stone Quarry Project

Raptor Resources Holdings, a natural resources company focused on mineral and metal resource acquisition, exploration and development, recently announced that its private Zimbabwe affiliate, TAG Minerals Zimbabwe Ltd., has acquired 100% of the Derbyshire Stone Quarry. A new video featuring the mining project currently underway has been added to the Raptor Resources website: http://www.raptorresourcesholdings.com/media/videos/.

The Derbyshire Stone Quarry is an established mining company managed by mining operator and strategic partner, WGB Kinsey & Company. Products produced include 10mm stone, 20mm stone, quarry dust, crusher run, river sand (washed), pit sand, and decomposed granite. The Derbyshire Stone Quarry is the largest indigenous sand & stone quarry in the Harare area and is located in a prime residential growth zone within close proximity to major road projects.

Garth Heathcote, General Manager of the Derbyshire Stone Quarry, commented, “Last year our business objectives were to improve production efficiencies, lower costs and streamline administrative operations to ensure quick customer turnaround. Along with improved inventory management, the company is now aggressively targeting corporate clients in preparation for an expected increase in road construction demand over the next 12-18 months.”

Notably, WGB Kinsey & Company has first-hand experience performing the type of mining required at the Derbyshire quarry since 1955. The company has an impressive fleet of mining equipment that is capable of efficiently performing all necessary development and production operations work. As one of Zimbabwe’s most experienced mining and construction companies, WGB Kinsey, will manage all aspects of the Derbyshire Stone Quarry. Both Anthony Kinsey and Kevin Hegarty are members of Raptor Resources’ Advisory Board. The company was founded nearly 60 years ago by William Gordon Bain Kinsey and his son Basil Jack Walter Kinsey starting as a small contractor dealing with labor based projects within Zimbabwe’s capital city, Harare. Over the years the company has evolved by moving into the construction of roads and civil works, township development, water and sewer reticulation, and earth dam construction. Today, the company’s main line of business is open cast contract mining and plant hire, an industry WGB Kinsey has been heavily involved in for the past decade.

For more information on the company, visit www.raptorresourcesholdings.com

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Tuesday, April 29, 2014

Infinite Group, Inc. (IMCI) Offers Advanced IT Consulting Solutions to Global Clients

Infinite Group is a leading information technology (IT) service and support supplier with deep roots in the technology field. For close to three decades, the company has provided IT consulting services that improve the effectiveness, reduce the costs, and meet the needs of its customers, from the small businesses with a few computers to the large enterprises with tens of thousands.

The company’s staff of technology experts plans, integrates, manages, and supports complete IT systems for large commercial enterprises, government agencies, software companies, professional service organizations, and small and medium sized businesses. These consultants also provide on-site support to customers around the world, including those in forward-military locations. With staff members placed throughout the US, including Virginia, Colorado, and Washington, DC, the company is able to offer added government support on location.

Infinite Group offers complex, forward-looking security solutions, such as vulnerability assessment, risk prioritization, risk remediation, phased implementation, cyber security, education, and training services, to its customers. The company’s particular set of services are far and wide ranging and consist of:

•           Managed services
•           Cloud computing solutions
•           Server and desktop monitoring and remediation services
•           Data storage services
•           Business continuity planning
•           Capacity planning analysis
•           Business process optimization and management
•           Program and project management services
•           IT solutions that address mobility, information security, and unified communications
•           Support to professional services organizations catering to software companies that need resources when implementing solutions
•           Call center and help desk services
•           On and off-site client support services
•           Systems engineering
•           Staff augmentation
•           Consulting

For more information, visit www.igius.com

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NeuroMama Ltd. (NERO) Search Technology Differentiates for Enhanced User Experience

NeuroMama, an innovative leader in the area of neural search technology, is positioned to make an impact worldwide. NERO has developed a unique internet search method that uses neural technology principles to add natural, rational reasoning and learning capability to artificial intelligence systems. The technology has resulted from many years of collaboration with prominent Russian research and development centers for mathematicians, engineers, and behavioral psychologists. Included in this group is a gold-standard team of application developers in several countries. NeuroMama has filed patents in the United States and Russia for the technology.

Using its technology as a differentiator, NeuroMama provides a sophisticated search experience that powers the company’s suite of products that includes NeuroMama.com, a neural-technology powered web search engine accessible on computers and mobile devices, and also available as an app. This NeuroBrowser is free, fast, easy to use, and customized with the latest features to help users surf the Internet. Using neural programming, NeuroMama.com shapes its search returns with key markers that are unavailable to other search engines producing results analyzed from elements like visitation frequency, dwell time, drill depth, and other complex algorithms. NeuroMama’s artificial-intelligence-based robots are web crawlers that can think and learn.

Other products include NeuroMania, a social networking platform with features such as a marketplace, auction, and video management system. Using NeuroMania white-labelled Windows desktop app, users can chat with friends and family directly from their desktops. NeuroMama’s e-commerce site, NeuroZone, will sell an assortment of products, including perfume, jewelry, sporting goods, apparel, and electronics that have the Neuro brand, such as the NeuroPad, NeuroPhone, and NeuroBook.

And rounding out the total NeuroMama search experience is NeuroMail, a safe, simple, secure, and speedy e-mail service. This webmail service incentivizes registered users with rewards points every time they send or receive mail. Also available for users on NeuroMama’s toolbar are links to images, videos, news, people, finance, business, science, and sports.

For more information, visit www.neuromama.com

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Nutranomics, Inc. (NNRX) Success Driven By Emerging Global Health Trends, Comprehensive Educational and Nutritional Solutions

NutraNomics® has developed a considerable brand presence since the roll out of their line of nutritional food products back in 1995, accelerated by mounting global health trends which run parallel to NNRX’s own guiding philosophy that education and self-awareness are crucial components for maximizing health and longevity. The company continues to lead the way today as a dominant R&D force in the world of high-quality vitamins and supplements, offering a comprehensive array of gluten-free, non-GMO, whole food-based products which constitute a revolutionary alternative to all of the synthetic, chemical-based vitamins and supplements currently found on most store shelves. Part of the NNRX approach, and another big reason for the company’s success, has been their continued teaching efforts through the educational portion of the company, Health Education Corporation®, which is dedicated to providing the latest insights and guidance in health, nutrition, and wellness to consumers.

NNRX’s product portfolio addresses a massive, growing global market with a combined one-two punch of premium quality vitamins/supplements and the crucial healthy living guidance to go along with those products, a type of educational initiative about proactive health decisions seemingly absent in the modern medical industry. We are now seeing systemic health crises throughout the western world linked to poor diet and sedentary lifestyle and those same trends are now starting to crop up all over the rapidly modernizing world. The 2014 Global Supplement and Nutrition Industry Report, put out by one of the top research publishers in the space today, Nutrition Business Journal, indicates that the global supplement market hit roughly $96B in 2012 (28% supplements, 29% natural and organic foods, 32% functional foods, 11% natural/organic personal care and household) and most likely climbed 8% to around $104B just this last year. Little wonder as the U.S. is in the vice-like grip of a full-blown obesity epidemic according to National Center for Health Statistics data from 2012, with over 35% of the adult population obese and headed for 44% in every state by 2030 if underlying causes remain unchanged (Trust for America’s Health/Robert Wood Johnson Foundation, 2012). NNRX understands the underlying phenomenology on obesity extremely well and has gone to great lengths to formulate solutions for what is now considered a complex disorder and which is a major risk factor for cardiovascular disease, diabetes, cancer, stroke, and hypertension.

In fact, founder, Chairman and CEO of NNRX, Dr. Tracy K. Gibbs, who is also the company’s chief product formulator, spearheaded development of the company’s dietary and supplement protocol for heart disease, which focuses on the very latest university studies indicating that inflammation related to C-Reactive Protein may be vastly more important than cholesterol (the typical metric) for determining heart health. The company’s dietary protocol for heart health emphasizes cutting out low fat foods and trans fatty acids from products like margarine, which disrupt the body’s balance of good fats and is geared more towards reducing overall C-Reactive Protein levels. This protocol is then enhanced through the use of NNRX’s Lipid Systemic Enzyme supplement to aid digestion of all foods, but particularly fats and lipids, helping to restore proper metabolism and improve oxygen delivery by cleaning up the plasma (otherwise rife with triglycerides, urates, and undigested foods), while subsequently reducing stress on the liver. Further supplementing this protocol with NNRX’s new All Omega product, a 100% natural fish oil from Salmon (non-distilled or CO2 extracted), as well as their PhytoNutrient (for chasing out free radicals, softening up the capillaries for improved circulation and naturally fighting inflammation) and The Works products (broad-spectrum mineral content aids fat assimilation while increasing energy and fortifying the body’s own immune system), can yield significant improvements when it comes to heart health. This overall healthy solution set of protocols embodies a perfect example of where the long-term potential is for NNRX as prevailing health trends continue to pick up steam.

American Heart Association data from 2011 indicates that coronary heart disease alone cost around $108.9B/year just here in the United States. According to more recent 2014 statistics on heart attacks, a whopping 720k or more Americans have an attack every year, the majority of which are first-timers. Furthermore, almost half of those first time heart attacks occur outside a hospital, clearly indicating the lack of education in the general population about the onset of heart disease and its symptoms. NNRX has a clear business model to strike with and the iron gets hotter by the day. Not just here in the U.S. mind you, but all around the globe, as more and more people find themselves at a desk, leading a sedentary lifestyle where their diet is also devoid of the natural plant and food-based nutrients their bodies need to maintain optimum health.

The quality and safety of NNRX’s natural, American-made products (rolling out of cGMP-compliant and FDA-approved facilities) is stark contrast to the synthetic multi-vitamins and other typical fare consumers find on the shelf today, often sourced from the same, tiny handful of Chinese chemical producers. Food-based products like those offered by NNRX feature optimum bioavailability and are rapidly taken up/readily recognized by tissues in the body. Such highly bioavailable nutrients are essential for cellular health and represent a new paradigm compared to the synthetics found in a typical competitor’s products, which are largely rejected by the body or only marginally effective, with the vast majority of what the consumer has paid for ending up flushed out of the body as waste. The premium bioavailability in the company’s product portfolio is due to both NNRX’s proprietary Glycoprotein Matrix® technology, which allows the company to extract high concentrations of vitamins and minerals in their natural form, and also due to their patented Assimilation Enhancing System®, a powerful mix of mineral cofactors and planet-based enzymes that further increases the body’s ability to effectively utilize the natural ingredients.

Tighter regulations on the sector which are emerging globally, ranging from stricter Chinese registrations and enforcement to new “herbal medicine” standards in England, collectively represent vast, burgeoning end markets addressed by NNRX’s superb product line up. The same trend in Brazil is essentially moving all of Latin America in this tighter regulatory direction as well, due primarily to Brazil’s role as the largest regional Latin American market. NNRX is well equipped to hit hard and fast across the global stage, with a slick e-commerce site, growing retail presence and highly-trained sales reps serving key markets in the US and Canada, as well as in Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, and Poland.

Speaking of the Philippines, NNRX inked a key expansion deal towards the end of January this year there with one of the pioneers and trend setters in multi-level marketing, Philippine health and natural products distribution giant, UNO International Corp., shortly before which NNRX CEO Gibbs had given an influential speech at the UNO Regional Convention in Manila. This key deal with the only ISO-certified MLM in the Philippines was announced just two days after NNRX got the first of what is anticipated to be many more purchase orders from UNO. This initial purchase order was for 20k bottles of the company’s exceedingly popular enzyme formulations, which will be distributed by UNO’s network throughout the Philippines.

More info on Nutranomics is available at www.nutranomics.com

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Armco Metals Holdings, Inc. (AMCO) On Pace with Growing “Green” Initiatives of Chinese Government

Since the Chinese government’s introduction of economic reforms in 1979, the Chinese economy has been growing like clockwork. The National Bureau of Statistics reports that from 1979 to 2012, China saw its economy grow on average by 9.8 percent per year. Average world economic growth, in comparison, was only 2.8 percent per year in that stretch of time.

Foreign nations’ reactions to these statistics have varied because of the Chinese government’s exchange rate policy. However, it is clear that China has emerged as a strong economic force to be reckoned with. Over approximately 35 years, the Chinese economy has jumped from the world’s tenth largest economy to the world’s second largest, behind the United States. And aggressive initiatives set by the Chinese government are in line with that trend. In the area of “green” initiatives, the Chinese government has been pushing for alternative, sustainable options for steel production. At present, China contributes a significant portion to global steel production. A Reuters article published in January 2014 notes that Chinese steel production accounts for almost half of global steel production output.

Specifically, the Chinese government is pushing for consumption of recycled scrap steel to increase from 15 percent in 2010 to 20 percent by 2015. But at present, it is reported that the fragment recycling industry in China is capable of meeting only 60 percent of that green initiative’s demand.

Recognizing the growing needs of China’s steel production industry, Armco Metals Holdings has stepped in as a provider of metal and non-ferrous metal ore sales and distribution solutions to companies in this space for over 10 years. In that time, Armco Metals Holdings has emerged as one of China’s leading metal recycling and metal distribution companies. The company’s emergence as an industry leader is strongly attributable to the company’s senior leadership, Mr. Kexuan Yao, and his business savvy and expertise. Under Mr. Yao’s leadership, Armco Metals Holdings has seen a surge in its company growth over the past seven years. Subsequently, it has moved from being a foreign enterprise with a specialization in metal ore trading to an international corporate body with integrated business activities in import, production, sales, and distribution operations.

On the sales side, Armco Metals Holdings has developed sales relationships with over 100 small-to-medium enterprises involved in metal manufacturing and over 10 international metal suppliers from countries including South Korea, India, Australia, and Brazil. For its business operations, the company works through five subsidiaries: Armco (Lianyungang) Renewable Metals, Inc.; Armet (Lianyungang) Holdings, Inc.; Armco Metals International, Ltd.; Henan Armco & Metawise Trading Co., Ltd.; and Armco Metals (Shanghai) Holding, Ltd. Armco (Lianyungang) Renewable Metals, Inc. remains the company’s core business asset.

In its financial results for Q4 2013, company revenue surged 74 percent to $66.2 million from Q4 2012’s revenue amount. The improved performance was attributed to the company’s strong metal trading performance. In 2014 Armco Metals Holdings has also been focusing on expanding its foreign market reach. Recently it announced its stock purchase agreement with California-based Draco Resources, a company that focuses on exploration, mining, and trading of iron ore and minerals. With due diligence and other conditions satisfied, Armco Metals Holdings will benefit from Draco Resources’ exclusive rights of management, operation, distribution, and sale of approximately five million metric tons of iron ore fine in the state of Alabama.

For more information about Armco Metals Holdings and its initiatives, please visit: www.armcometals.com

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Great Plains Holdings, Inc. (GTPH) Reports Timely Completion of Real Estate Asset Project

Great Plains Holdings’ commercial real estate holdings subsidiary, Ashland Holdings, LLC, has completed the renovation of its company headquarters located at 4060 Northeast 95th Road Wildwood, Fla. The renovation is expected to reduce Great Plains’ operating costs and alleviate the company’s LiL Marc, Inc. subsidiary of its annual warehouse leasing expense of $12,000.

The company reports that the building renovation was completed several days ahead of the originally projected completion date of April 30, 2014. Great Plains now plans to lease three of the office spaces inside the building to increase annual revenues by a projected gross of $18,000.

“We’re very pleased with the renovations to our headquarters and the cost savings we expect to realize from this project. It’s always a pleasure to report a successful strategy to reduce operating cost and increase revenue while maintaining our goal to keep zero debt,” Great Plains’ President Denis Espinoza stated in the news release.

Ashland Holdings is engaged in the acquisition and operation of commercial real estate. The subsidiary’s current portfolio includes a 1,400-square-foot corporate office building; an 800-square-foot warehouse for LiL Marc operations; and two adjacent parcels of land, one of which includes a manufactured home that is rented out for additional income. Great Plains’ principal business activity, LiL Marc, is the maker of the “LiL Marc” training urinal for toddler boys.

For more information visit www.gtph.com

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Global Payout, Inc. (GOHE) Extends Financial Services Platform to Bank Networks in the Philippines

Payment solutions provider Global Payout reports that it has significantly expanded the geographic reach and the functionality of its proprietary MoneyTrac™ Consolidated Payment Gateway (CPG) platform to the Philippines. As a result, a number of payment opportunities are now open to a large and important segment of the Filipino population.

Global Payout now offers CPG users the ability to distribute payments to their associated accountholders and cardholders, employees, members, offshore workers, or benefit recipients to any Filipino bank from their CPG account, from anywhere in the world that has direct funds transfer capability.

Filipino companies who employ Overseas Foreign Workers (OFW) and contractors can now utilize the CPG secure interface to make mass payments to each worker’s individual CPG subaccount for immediate access to funds. The subaccount holder can then directly deposit the payment into their bank account, make deposits to an existing VISA/MasterCard credit or bank debit card, and/or make deposits to other international and domestic prepaid cards offered by Global Payout. The CPG payment platform also enables the account holder or the cardholder to effect self-directed ACH payments to their bank accounts in the Philippines and most other OFAC compliant countries.

“The Philippines is a major focus for the global expansion of our payment capabilities and the geographic reach of our MoneyTrac™ Consolidated Payment Gateway,” Jim Hancock, CEO of Global Holdings, stated in the news release. “As we continue to focus our efforts on gaining global scale by expanding and connecting niche market opportunities all around the world, we cannot ignore the tremendous social value to individuals with financial services needs. Thanks to our MoneyTracTM payment platform, we are quickly establishing ourselves as one of the most viable and efficient payment solution by providing economies of scale for both small and large payment applications. We could not be more pleased with the reception our team and our products are receiving from mass payment customers and the traction we are gaining to reach the under-banked.”

Bill Rochfort, president and vice president of Global Payout sales, noted the strong global presence of OFWs and the market opportunity it provides.

“The Philippines have a population of approximately 98 million people and there are over 10 million more Filipinos living around the world in 170 countries whom labeled as Overseas Filipino Workers,” Rochfort stated. “With nearly 3.4 million OFWs in America, 2 million in the Middle East, and over 1.6 million in Pacific Rim countries, the opportunity to provide financial services to ‘unbanked’ and ‘under-banked’ Filipinos is very significant. By providing mass payment services, payroll capabilities, ACH, prepaid instant issue debit cards, and easy to use money transfer and remittance capabilities, we are able to provide valuable access to financial services to a considerable percentage of the 2.5 billion unbanked and under-banked adults in the world. We consider the Philippines as pivotal to our growth.”

Global Payout intends to continue growing the long list of functionality and geographic availability to its base of international users, adding to its growing list of countries that includes China, Malaysia, Canada, Germany, England, and SEPA (Single Euro Payments Area) within the European Union (EU). The company is also currently launching its services in Brazil and other countries in South America to provide companies in these areas a number of additional features, including ACH, credit and bank debit cards, co-branding and private labeling, mass payments, payroll capabilities, government entitlement disbursements, and prepaid cards.

For more information visit www.globalpayout.com

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International Stem Cell Corp. (ISCO) Study Reveals Promising Developments

International Stem Cell Corp. announced today that behavioral improvements have been observed after six months in their pre-clinical non-human primate (NHP) study of Parkinson’s disease (PD). ISCO is a biotechnology company developing novel stem cell-based therapies and biomedical products and is based in Carlsbad, California. The detailed behavioral data is slated to be presented at the 66th American Academy of Neurology Annual Meeting in Philadelphia.

“It is encouraging to see these behavioral scores trending in the right direction as it means that the implanted cells may be having a positive impact on the disease symptoms,” said Professor D. Eugene Redmond Jr. MD, of Yale University Medical School and the study’s supervisor. “The rating scores are equivalent to components of the UPDRS which is widely used in research to evaluate Parkinson’s patients. The Parkison’s score is known to correlate very highly with brain dopamine concentrations.”

The study, consisting of 18 primates, are exposed to the neurotoxin, MPTP, divided into three cohorts, a sham treated group and two treatment groups receiving different doses of human neural stem cells (hPNSC) derived from ISCO’s proprietary parthenogenetic stem cell line. All groups had matching levels of parkinsonism and functional disability prior to the cell injections. Six months of data showed that the healthy behavior scores of the treatment group increased 170% while the placebo group increased by 58%. In addition, one treatment group showed a major improvement in the main Parkinson’s rating score of 63% (p < 0.05) while the control group exhibited no significant improvements.

According to the Parkinson's Disease Foundation, an estimated seven to 10 million people worldwide live with PD, with as many as one million of those in the United States alone, more than the combined total of people diagnosed with multiple sclerosis, muscular distrophy, and Lou Gehrig's disease. The total direct and indirect cost of Parkinson's disease is estimated to be nearly $25 billion per year in the United States alone.

Dr. Ruslan Semechkin ISCO's Chief Scientific Officer, commented: "The results of this interim analysis are very promising. This study provides information about how our human neural stem cells, derived from our parthenogenetic stem cells, behave in a diseased brain and how the diseased tissue responds and is a critical part of our planned IND submission."

For more information on the company, visit www.internationalstemcell.com

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Consorteum Holdings, Inc. (CSRH) Signs Mobile Application Development and Business Deal with Bet Butler Limited

Today before the opening bell, Consorteum Holdings announced that its wholly owned subsidiary, ThreeFiftyNine, Inc., had closed a new mobile app development and business deal with Bet Clearer Ltd., the parent company of Bet Butler Ltd. ThreeFiftyNine and Bet Clearer’s new binding agreement calls for the development of a mobile offering for Bet Clearer’s existing web-based betting concierge service.

Bet Butler is a global bet banking service, or an intermediary between gamblers and bookmakers. It sources odds from over 60 international bookmakers and gives heightened odds to gamblers that are on average 20% better than those offered by a typical bookmaker. As an international transaction management and mobile solutions provider, Consorteum Holdings, through its subsidiary, will be making this betting experience available to users across a range of mobile devices. This mobile application is scheduled for release in Q4 2014, and users will be able to place a bet from the bookmakers that offer the best pricing. The mobile application will also automatically detect the client’s location and deliver services only in regulated legal locations.

According to Craig Fielding, CEO of Consorteum and president of ThreeFiftyNine, “Our team is pleased to have the opportunity to work with Bet Butler in developing an innovative, secure, and efficient mobile solution for Bet Butler’s growing sports book business. We look forward to a long and mutually prosperous business relationship.”

For more information about Consorteum Holdings, please visit: www.consorteum.com

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Monday, April 28, 2014

Colt Resources, Inc. (COLTF) Leverages Ties with Portuguese Government to Advance Boa Fe Gold Project

Roughly 40 gold prospects and deposits have been identified in the greater region of Montemor-o-Novo, Portugal, a small municipality of great interest to Colt Resources as it explores opportunities to continue development of its portfolio of gold and tungsten leases in Portugal.

Within three short years, Colt has emerged as one of the largest holders of mining and exploration rights in Portugal and has amassed one of the most significant gold and tungsten lease portfolios in the mineral-rich European country.

The company’s portfolio currently consists of three experimental mining licenses, four exploration concessions, and two active joint ventures in Portugal, as well as a 38 percent stake in Colt Resources Middle East mining projects.

The Boa Fé Gold project, one of Colt’s two advanced-stage projects, is slated for production in the next 18 months. Efforts to further develop this project is supported by the company’s close working relationship with the Portuguese Government, which has implemented favorable mining laws that encourage mineral exploration and mine development.

While several international companies are conducting exploration on base and precious metals, Portugal is largely overlooked and underexplored. As such, the Portuguese government’s geology and mining agencies actively advocate projects that exploit the country’s mineral resources.

Colt’s strategy is to leverage these initiatives and continue to test deep gold mineralization potential close to planned mining operations. Moving through 2014, the company plans to conduct environmental impact studies to optimize the mining and processing facilities and minimize their environmental impact, advancing the project to construction during 2014 and full production by 2015.

For more information, visit www.coltresources.com

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Victory Energy Corp. (VYEY) Demonstrates Ability to Achieve Company Objectives, Grow Revenues, Narrow Losses

The Permian Basin in Southeastern New Mexico and West Texas stretches approximately 250 miles wide and 300 miles long. In the past five years alone, horizontal drilling in the Permian Basin oil field has increased fivefold, according to the U.S. Energy Information Administration (EIA). In the past three years, oil companies have drilled more than 9,300 new wells in the area, utilizing the latest oilfield technology to reach reserves once thought to be out of reach.

Austin-based Victory Energy is an independent, growth-oriented oil and natural gas company with a primary focus on the Permian Basin in Texas and southeast New Mexico. Specifically, the company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties, through its partnership with Navitus in Aurora.

In 2012-2013, the company achieved its broader business objective to grow proved reserves, reporting an increase of 102 percent in proved oil reserves and 6.5 percent in proved gas reserves for 2013. By acquiring working interest positions in low-to-moderate risk oil and natural gas prospects, at the end of 2013Victory Energy had grown its portfolio to consists of working interests in 21 completed predominantly located in the Permian Basin of West Texas, as well as two additional wells in progress. The company also added properties large enough to offer new multi-well drilling opportunities in the future.

According to a recent SEC filing, Victory Energy posted full-year 2013 total revenue, including proceeds of sales, net of royalty, and gas transportation deductions, at $735,413, an increase of 125 percent compared to revenues of $326,384 for the 12 months ended December 31, 2012. Net losses for 2013 decreased 70 percent to $2.1 million, compared to a net loss of $7.0 million for the prior year.

Today, the Permian Basin is the country’s largest oil producer, and the EIA expects oil production to top 1.3 million barrels per day in 2014, an impressive leap from just 800,000 barrels in 2007.

Through a recently closed $36 million of bank and private placement funding, Victory Energy is positioned to aggressively grow its Permian Basin (Texas) assets through targeted acquisitions of producing properties with upside development potential.

For more information, visit www.vyey.com

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Well Power, Inc. (WPWR) to Host Webinar to Discuss Ongoing Development of Proprietary Micro-Refinery Technology

Well Power, a clean energy solutions and technologies company, in collaboration with ME Resource Corp. (“MEC”) will host a live webinar May 1, 2014, at 4 p.m. ET to discuss the novel technology behind the continued development of the company’s licensed Micro-Refinery Unit (“MRU”). Individuals and companies engaged in the oil and gas sector are invited to register as participants and explore opportunities to partner with Well Power and learn more about this mobile technology which, once developed, will process wasted raw natural gas into Engineered FuelsTM and electric power.

Professor Gregory Patience, director and chief technology officer of MEC, will lead the presentation of the MRU. Since 2004, Professor Patience has been with the Department of Chemical Engineering at École Polytechnique de Montréal where he has established a research and development lab for catalysis, catalyst design and fluid-bed reactors. Through his research, Professor Patience has gained an international reputation collaborating with researchers across North America and Europe. He chaired the industrial program of the World Congress of Chemical Engineering (2009) as well as co-chaired international conferences in Burundi and Africa on sustainable development and fighting malaria, a project he initiated in 2010.

Dr. Christian Neagoe, director and CEO of Well Power, will join Professor Patience to discuss the current development and progress of the MRU. Dr. Christian Neagoe is a PhD in theoretical chemistry and has received a Chemical Engineering degree from École Polytechnique de Montréal, where he has been a research associate since 2011.

Dr. Neagoe specializes in the design of industrial processes, including sizing reactors, distillation and extraction columns, heat exchangers and pumps, mass and energy balance, and energy optimization.

This webinar is reserved for those directly involved in production and operations within the oil and gas sector. In coming weeks, Well Power will also be hosting a live webinar for its shareholders and those interested in learning more about the company.

To register for this webinar or for more information, visit www.wellpowerinc.com

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Friday, April 25, 2014

Start Scientific, Inc. (STSC) Well-Positioned to Exploit Emerging European Gas Dynamics with Extensive, Underdeveloped Romanian Reserves

Start Scientific has assembled a deep bench of managerial talent to spearhead their sweet crude-focused international oil and gas exploration agenda, and ever since the May 2012 acquisition of Romanian developer Carpathian Energy – Companie Petroliera SRL, the company has been hard at work exploiting the development potential of the roughly 120k acre concession/lease portfolio of interests they picked up in the deal, consisting of prime Romanian oil and gas land spanning six existing fields.

The strategic importance of Romania (which joined the EU in 2007) should be abundantly clear to anyone following the heightened tensions with the Russian Federation over Ukraine and the obvious energy implications that this situation has for the EU. All of the fields in the company’s Romanian package exhibit characteristics that are well in-line with STSC’s operational strategy to grow and advance existing leasehold assets, applying the latest drilling technologies to untapped potential. Each field has significant undeveloped reserves and thus STSC is basically sitting on an extremely attractive, target-rich portfolio of geostrategically optimal acreage, amid a perfect storm of energy price fundamental/macro drivers.

Plans are to sink at least one well each (roughly $750k to $800k per well estimated) into three of the fields at Cozieni (600 acres, 80% WI, 64% NRI), East Ciumeghiu (800 acres, 80% WI, 64% NRI), and also the Calinesti field (11.4k acres, 100% WI, 80% NRI), which is part of the South Bucharest Block I-II concession, more commonly referred to as the Alexandria Block. While preliminary field evaluation has already been performed across all six fields via a joint American/Romanian engineering/geology team, more rigorous evaluation has subsequently been completed on the Alexandria Block in particular. That same rigorous analysis has also been done at Cozieni and on two of the other fields in the portfolio, Bordei Verde Vest (2.5k acres, 26.25% WI, 21% NRI, average estimated well cost of $1.4M) and Nadlac (800 acres, 26.25% WI, 21% NRI, average estimated well cost of $3M), where STSC will be participating in two new wells (one per site) alongside operator Amromco Energy, the biggest and oldest oil and gas development company in Romania. The sixth field, the Catrunesti (100 acres, 80% WI, 64% NRI), holds an existing well which is to be recompleted for a cost of around $375k. A complete repair/overhaul of the 18.6-mile pipeline on the Alexandria Block is also slated for completion at an estimated cost of around $1.5M to $2M.

Proven reserves look excellent across each of the targets, with the Calinesti-containing Alexandria Block alone representing an enormous amount of gas at 19B cubic feet, in relatively low production depths of around 2.4k feet (average net pay interval of around 25 feet). Cozieni holds some 3.5 BCF at even shallower depths of only 2k feet (25-foot avg. net pay), while the East Ciumeghiu holds another 1 BCF of proven reserves at depths of 4.5k feet (15 to 20 foot avg. net pay). Bordei Verde Vest holds some 1.2M BOE with depth and average net pay characteristics similar to the East Ciumeghiu, while the relatively small Nadlac holds around 7 BCF of gas, with 1.68M bbls of oil besides at depths of around 10k feet (considerably large 200-foot net pay averages though). Catrunesti contains another 50k bbls or so, at depths of around 5k feet (20-foot avg. net pay) and collectively among all the fields within STSC’s purview, we have clearly underdeveloped and largely undepleted targets that were never really utilized during the Ceausescu period, or since for that matter. Given extant recoverable oil reserve discoveries of some 6.7B bbls in Romania as a whole (5.8B bbls of which has been produced), estimates are that some 1B bbls remain at the very least. With an associated 12 Tcf of gas at least remaining, Romania is increasingly appearing to be a geostrategically de-risked alternative to Ukraine or elsewhere as a potential feed source for European gas markets. This is huge for STSC as gas prices and demand are set to continue to rise across the region. Carving off even a thin slice of the Gazprom pie in Europe spells big wins here for STSC shareholders.

The best part about the extensive Romanian position for STSC is that they have a nice, comfortable backdrop position in the roughly 1.56k-acre Pickens field in Mississippi as well. Pickens sits just 27 miles away from the very first oil field ever discovered in the state, the Tinsley field, which was first developed back in the 1930′s and, like the vast majority of fields in the state, produces from multiple reservoirs. The company owns a 25% WI in the Pickens (37.5% NRI), with the option to purchase an additional 25%. At similar well development prices as the company’s cheaper Romanian wells (around $800k) and with depths of roughly 4.3k feet yielding 50-foot average net pay intervals, the proven 600k bbls of reserves available at Pickens makes a nice secondary overall focus for STSC. With two other producing fields (Bentonia and Flora) only 21 miles away from Pickens, confidence is high that the geology here will prove exceptional from a production standpoint, offering up high-grade crude across an apparent Smackover structure, with concomitant exposure to Cretaceous reservoirs like the Eutaw Sandstone. Pickens is essentially a fault line trap that runs for roughly ten miles to the southeast, terminating in Alabama’s Gilbertown Field. The Pickens has produced over 20.4M bbls from the Eutaw Wilburn since initial drilling back in the early 1900′s, with another 2M bbls also having been produced thus far from the Selma Chalk, as well as another roughly 100k bbls of production from the Tuscaloosa and deeper (similar Pickens-style trapping mechanisms evident for both the Selma Chalk and Tuscaloosa reservoirs).

Needless to say, this up-and-coming oil and gas company has their work cut out for them, with enviable underdeveloped acreage in a geostrategic hotspot, as well as a sizeable, low-risk field just outside Jackson Mississippi to sink their teeth into. Investors will want to keep an eye on STSC for updated news and information in coming months as their operations develop further.

Learn more about Start Scientific by visiting www.startscientificoil.com

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Thursday, April 24, 2014

Ebola Outbreak Demonstrates why the Republic of Guinea Needs Kallo, Inc. (KALO)

Republic of Guinea is beginning rollout of Kallo’s RuralCare and MobileCare this quarter. MobileCare is effectively integrated technology and diagnostic equipment, all delivered by trailer-truck to remote locations. MobileCare clinics include an aseptic room and a command center that can be linked to a teaching hospital via satellite, all essentially bringing the hospital to the patient. Kallo’s RuralCare consists of pre-fabricated modular clinics installed with the latest surgical, lab, and pharmacy medical equipment. All of this is the beginning of the $200 million supply contract signed with the Ministry of Health and Public Hygiene with the Republic of Guinea.

This should help Guinea reshape a healthcare system that currently is very poorly structured and severely underfunded. The current outbreak of the Ebola virus in Guinea is a clear example of just what a disaster healthcare is in Guinea and countries similar to Guinea as it could have been easily preventable.

There is no cure or vaccine for the disease, and the symptoms are horrifying. They begin with a severe headache which turns into a fever, body pain, vomiting, and diarrhea. Then for reasons not fully understood, all the blood vessels in one’s body begin to leak, and this hemorrhaging typically leads to death. Matter of fact, Ebola is typically fatal for 90% of those that contract the disease. The disease is believed to be hosted in a species of fruit bat which is eaten and potentially that is how the disease is spread, or by butchering an animal with the disease. Human to human direct contact further spreads the disease by contacting a bodily fluid. Pretty much the only way to treat the disease is to quarantine the people that have it, and after a period of time, the bulk of the people die, the disease then apparently appears to burn itself out, and one sanitizes as much as possible the quarantined area. The disease is frightening but it simply sickens and kills too quickly to become a threat on some global scale. One certainly need not fear the disease spreading to the United States.

According to the World Health Organization (WHO), Ebola outbreaks occur “primarily in remote villages in Central and West Africa, near tropical rainforests. There have been at least 25 Ebola virus outbreaks in Africa since 1976 with the last in 2012 in Uganda. Doctors without Borders successfully fought the disease and handed over an Ebola treatment center they set up to the Ugandan government. As Doctors without Borders left Uganda, they made it quite clear that they felt the Ugandan government and their Ministry of Health staff now properly trained can manage and handle any future outbreak of Ebola virus. So why haven’t neighboring governments been similarly prepared to prevent and act quickly when an Ebola outbreak occurs? A matter of weeks ago, Guinea’s Ministry of Health assured that the current outbreak was contained after over 60 people died from the infection. Now the death toll has pushed to 136 with 208 reported cases, and it spread to the neighboring country of Liberia resulting in 34 cases and 6 cases so for in that nation. As a result, the borders between the two countries have been closed and all airports have strict medical checks.

Some have been critical of Doctors without Borders for not having the foresight to implement training programs in other African countries to counter future outbreaks of Ebola. Doctors without Borders is essentially an NGO or non-government organization which if you glance over their annual report, primarily gets all of its funding from Wall Street banks like Goldman Sachs. With the exception of cases regarding self-interests, Wall Street rarely looks beyond short-term events, so it probably should not be a surprise that Doctors without Borders only focuses when a bad emergency occurs, and in those cases they do quite exceptional work. However, counting on Western agencies and NGOs to protect the health of the global population consistently proves to be a mistake.

There is plenty of talk about the development of a vaccine and there were a few biotechnology companies that were working on an Ebola virus vaccine which was being funded by the Pentagon, and for which the budget was cut under sequestration. As there is no profit to be derived distributing a vaccine to poverty stricken populations, there is little expectation of such a vaccine ever being derived. However, a vaccine won’t solve the underlying problem of constant failure due to practically no healthcare infrastructure.

The bottom line is that the African nations must begin taking responsibility themselves for dealing with outbreaks. All of this demonstrates that the Republic of Guinea badly needs to develop a functioning healthcare infrastructure and engaging Kallo is a correct step in that direction.

For more information, visit www.kalloinc.ca

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Ecrypt Technologies, Inc. (ECRY) Targets Five Key Markets

Colorado-based Ecrypt Technologies provides vital data security solutions targeting the following markets:

-           Financial services
-           Government and military
-           Healthcare
-           Law enforcement
-           Legal services

Financial Services

Criminals relentlessly target financial institutions because access to financial data can be extremely profitable. Yet, today’s customers are calling for even more ease of access—virtually. This demand is at odds with the critical, enforced security that financial institutions need but, by looking at their security as a business challenge rather than a technical one, Ecrypt can suggest solutions that support success in an increasingly competitive marketplace.

Government and Military

National security matters require complete discretion but also collaboration with agencies and allies. Traditional security techniques often inhibit such cooperation, however. By linking these two conflicting needs, Ecrypt is able to offer solutions that support, not hamper, governmental and military operations.

Healthcare

Constantly changing HIPAA regulations make it tough to maintain compliance so Ecrypt goes beyond the traditional route, which provides only a portion of the protection healthcare companies need to prevent data leaks and liability, to solve such problems. Ecrypt looks at the whole picture—the healthcare institution’s security within the context of its needs and goals—in order to ensure information security and HIPAA safe harbor protection.

Law Enforcement

Law enforcement officers often struggle with balancing timeliness, collaboration, and security. Security failures can compromise intelligence, and the usual security systems can hold back investigations. Ecrpyt looks at security for this market in the context of the environment and proposes solutions that protect law enforcement operations from internal and external threats.

Legal Services

Agile attorneys embrace the latest technology, as they do the latest laws, in order to provide their clients with the finest legal services. Adopting such agility, however, increases the chances that criminals will target the privileged information that clients entrust to law firms. Integrating the latest technology while upholding common law and ethical obligations to secure data systems against attack is a challenge Ecrypt can overcome.

For more information, visit www.ecryptinc.com

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Zenosense, Inc. (ZENO) is “One to Watch”

Zenosense is developing and intends to market a novel device to enable hospitals to detect Methicillin-resistant Staphylococcus Aureus (MRSA) bacterial contamination, a major constituent of Hospital Acquired Infections (HAIs). The annual costs of treating hospitalized MRSA patients are estimated to be between $3.2 billion and $4.2 billion in the United States alone. MRSA infected patients are likely to spend three times as long in a hospital stay at three times the cost, and are five times more likely to die than an uninfected patient.

Early detection of MRSA and HAIs in general is vital. Recent studies suggest that implementing prevention practices can lead to up to a 70 percent reduction in certain HAIs with a financial benefit of using these prevention practices estimated to be as high as $25.0 billion to $31.5 billion in medical cost savings in the United States alone (according to a report by the Centers for Disease Control and Prevention, part of the US Department of Health and Human Sciences). Currently, no cost effective early detection device is available.

The Zenosense MRSA detection device is expected to act like a “smoke detector” for MRSA; designed to detect MRSA in the environment or infected patient, even before a patient demonstrates any obvious symptoms, satisfying this huge unmet need.

Zenosense has an agreement with leading European sensor developer Sgenia Group, which is developing such a device exclusively for Zenosense through their subsidiary Zenon Biosystem. The estimated manufacturing cost per device is under $100 USD and possibly as low as $50 USD. The Zenosense device, utilizing established Sgenia programming and patent-pending hardware, utilizes a single sensor to perform an infinite number of scans, creating tens of thousands of “virtual sensors”. The low cost and compact design of the Zenosense device, if successfully developed, would make it possible to be worn by individuals, as well as placed in numerous sensitive areas in the healthcare setting.

Zenosense has a streamlined management team experienced in high-level marketing in the medical sector, supported by the outsourced Zenon Biosystem scientific/development team of qualified personnel with extensive knowledge and experience in the development of sensors. Both of these teams will fuse together through a high level advisory board of experienced professionals. A cost-effective Zenosense MRSA detection device, once developed, is expected to be in high demand, driven by patient safety, cost and insurance considerations.

For more information, visit www.zenosense.net

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Innocent, Inc. (INCT) Minimizes Risk, Maximizes Profits

Many mining and exploration companies try to hit a gold mine in areas all over the world. Innocent is looking for gold, too, but its operations are limited to mineral properties in Ecuador. The company’s primary focus is on gold deposit sites in the South American country, but it also has oil and gas interests here in the states.

Innocent was founded in 2006. It’s based in Melbourne, Florida, and led by two key executives. Mr. Wayne A. Doss, 61, is the company’s Chief Executive Officer, President, Chief Financial Officer, Secretary, and Director. Mr. Patrick J. Johnson, 37, is the Chief Operating Officer and a Director.

Innocent has a narrow, clearly defined strategy where its focus is on 100% acquisitions and joint ventures. These have been and will be done all in the name of taking production capacity to the farthest it can go. The company aims to minimize the risks associated with exploration by developing proved petroleum reserves. As risks are minimized, profits will be maximized through strategic acquisition and liquidation of oil and gas properties.

The company’s most recent development dates back to November 2013, when it announced that it signed an exploration agreement with Evergreen Petroleum. Evergreen is based out of Dallas, Texas, and boasts 150 years of oil and gas industry experience. Innocent partnered with Evergreen due to their combined interest in the Powder River Basin of Wyoming, where formations are generally shallow.

Evergreen’s role in the exploration agreement is to select the areas to lease, drill exploratory and development wells, and produce whatever oil and gas is found. Innocent was excited to partner with Evergreen because of its experience in the region and believes the property will benefit both companies.

As of April 2014, the company has filed the SEC’s 10-Q Form, and has issued a quarterly and annual report. For information on this news, please visit www.innocentinc.com

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Mabwe Minerals Inc. (MBMI) Works in Collaboration with TAG Minerals

Mabwe Minerals is one of Raptor Resources’ two subsidiaries, along with TAG Minerals. Mabwe, like TAG, is a US-based natural resources and hard asset company involved in the mining, logistics, and commercial sale of industrial minerals and metals, primarily in Zimbabwe. Raptor Resources owns a minority stake in Mabwe and serves as the parent/holding company for the subsidiary.

Consistent with Raptor Resources’ strategic focus, Mabwe is currently developing greenfield resources and bringing them into commercial production while TAG is exploring new minerals and metals, pursuing hard assets with revenue-generating potential, and on the lookout for tested mining opportunities. While Mabwe is focused solely on early-stage barite and limestone production at the Dodge Mine at this point in time, TAG is focused jointly on stone/aggregate production at the Derbyshire Stone Quarry and on developing the Raptor Mine by targeting transition metals, such as copper and nickel.

Notwithstanding the variations in their areas of operation, Mabwe Minerals and TAG Minerals work well together, especially with Raptor Resources’ strategic partners:

•           WGB Kinsey & Company, a veteran mining and construction company in Zimbabwe that is in charge of handling the bulk of the subsidiaries’ operations;
•           Steinbock Minerals, an expert in the distribution, marketing, and sales of industrial minerals worldwide;
•           Yasheya Limited, a specialist in the shipment of industrial minerals globally; and
•           PHI Commodities, a grain importer that provides access and loading rights to a fleet of rail wagons supported by the National Railways of Zimbabwe’s non-stop express trains.

Moreover, TAG and Mabwe recently accomplished a major feat for Raptor Resources. In February 2014, TAG acquired the metal and mineral rights to 248 hectares (612 acres) of the Dodge Mine mountain range. Add that to Raptor Resources’ existing lease for 233 hectares via Mabwe Minerals and, together, Mabwe and TAG own the mineral and metal rights across the entire mountain range which stretches across 4.5 kilometers and totals 481 hectares (1188 acres) in size. The company had patiently, but eagerly, waited for the rest of the mountain range to become available since gravity mapping in 2012 established the continued flow of barite across the entire range. Given that Mabwe is in early-stage barite and limestone production on the east side of the range, TAG will focus on developing the gossan deposits on the west side.

For more information, visit the company’s website at www.mabweminerals.com

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Pan Global Corp. (PGLO) Aims to Lead the Building of a Global Green Economy

Pan Global Corp., a company focused on environmentally sustainable energy, infrastructure, and technologies, is dedicated to investing in green energy technology and infrastructure to build an inclusive green economy throughout the world.

Pan Global incubates and funds investments in renewable energy, energy efficiency technology, and green projects that facilitate pioneering solutions for basic infrastructure. The company has a considerable, though not exclusive, focus on the development of investment opportunities in India.

The company’s overarching vision is to play a role in building the world’s green economy, which is an economy that is low-carbon, resource efficient and socially inclusive. Pan Global aims to become a leader in this global green economy through developing, building, owning, and operating green infrastructure, with an emphasis on power generation and agriculture.

Pan Global is engaged in the development of a series of highly environmentally sustainable projects that have the potential for high ROI. Many of the company’s present opportunities are focused on developing projects in India – specifically, the development of small hydro power generation products, solar PV projects, agriculture under controlled growing conditions, mega-watt scale geothermal power projects, and green buildings.

For more information about Pan Global, visit www.panglobalcorp.com

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