Selling at Retail Announces the Opportunity to Bring a Product to Market for Mass Distribution Apr 18, 2014 04:45AM

Los Angeles, California (PRWEB) April 18, 2014

Selling At Retail is offering individuals, inventors, mom's, dads, business owners, or anyone with an invention the opportunity to bring their product to market successfully in a matter of months.

To accomplish this, the California-based company provides a wide range of services to clients. These services include collaborating on ideas and inventions, creating stunning prototypes, assisting with attractive package design and the creation and implementation of a corporate messaging strategy. Selling At Retail also helps new business owners create a sales team, assists with the sometimes-tricky patent process and helps facilitate dealings with large product retailers.

Bringing a new product to market is often intimidating. Selling at Retail takes the worry out of it by walking business owners through the entire process. Selling At Retail has sold tens of millions of dollars of products, has secured multiple patents and has deep experience with overseas manufacturing.

Poor execution can sabotage even the greatest products or inventions. By partnering with Selling At Retail, new business owners can avail themselves of expert guidance and industry knowledge. This increases their odds of seeing their products on the shelves of major national retailers.

Producing and marketing a product is a momentous undertaking. Why go it alone? Selling At Retail educates business owners, gives them the tools for success and even helps them have fun along the way.

Selling At Retail:
Selling At Retail ( is a leading retail strategy and marketing firm that helps clients get their products listed with major retailers. The company helps develop product manufacturing, sales, marketing and public relations strategies for business owners. Selling At Retail has 20 years of experience and has facilitated the sale of tens of millions of dollars of products.

Contact info: edavis(at)sellingatretail(dot)com

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VimpelCom And Global Telecom Holding Announce A Strategic Partnership With The Algerian Fonds National d'Investissement And A Successful Resolution In Algeria Apr 18, 2014 04:35AM

AMSTERDAM and CAIRO, April 18, 2014 /PRNewswire/ -- VimpelCom Ltd ("VimpelCom") (NASDAQ: VIP) and Global Telecom Holding S.A.E. ("GTH") (EGX: GTHE, LSE: GLTD) today announce the signing of a share purchase agreement (the "Share Purchase Agreement") for the sale by GTH of a 51% interest in Orascom Telecom Algerie SpA ("OTA" or "Djezzy") to the Fonds National d'Investissement (the "FNI"), the Algerian National Investment Fund, for a purchase consideration of USD 2.643 billion.

OTA will distribute a dividend of USD 1.862 billion to GTH immediately prior to the closing of the transaction ("Closing"), which is expected to occur by the end of 2014.

The total dividends and proceeds due to GTH at Closing are expected to amount to USD 4.0 billion, net of all taxes and after the settlement of all outstanding disputes between the parties and the payment of associated fines. All proceeds will be used to pay down the outstanding shareholder loans provided by VimpelCom to GTH.

GTH and the FNI will enter into a shareholders agreement ("the Shareholders Agreement"), effective as of Closing, which will govern their relationship as shareholders in OTA going forward. GTH will continue to exercise operational control over OTA and, as a result, both GTH and VimpelCom will continue to fully consolidate OTA. This partnership with the FNI provides OTA with a strong and stable shareholder structure on which to build and strengthen its operations in Algeria.

Jo Lunder, Chief Executive Officer of VimpelCom, commented: "This favorable long-term agreement and settlement represents a successful outcome for all stakeholders. For VimpelCom and GTH, this value accretive transaction releases USD 4.0 billion in cash proceeds to pay down gross debt. For GTH and Djezzy, it resolves our dispute in Algeria and allows us to solidify our strong leadership position in Algeria by enabling us to further invest in a high speed 3G network to take full advantage of the potential for mobile data growth in the country. We look forward to working with our new partner, the Algerian National Investment Fund, to drive the business forward and to create significant long-term value for all of our stakeholders in line with our strategic Value Agenda."

The terms of the Share Purchase Agreement and the Shareholders Agreement have been approved by the Algerian Conseil des Participations de l'Etat, the Conseil de Direction of the FNI, the VimpelCom Supervisory Board and the Global Telecom Holding Board of Directors.

Prior to Closing and in order to facilitate the Closing OTA will contribute its operations (the "Contribution") to Optimum Telecom Algerie S.p.A. ("Optimum"), a wholly-owned subsidiary of OTA. In addition, at or prior to closing, Optimum intends to establish a credit facility with a syndicate of local banks in an amount of up to 82 billion dinars (approximately USD 1.0 billion).

Shareholders Agreement

GTH and the FNI along with VimpelCom, OTA and Optimum will enter into the Shareholders Agreement at Closing to govern the relationship of GTH and the FNI as shareholders and partners in OTA and the operations of Optimum.

Pursuant to the Shareholders Agreement, GTH and VimpelCom will continue to fully consolidate OTA. GTH will retain operational control over each of OTA and Optimum with certain enumerated strategic decisions being subject to a supermajority vote of the respective boards (including the affirmative vote of at least one director representing GTH and the FNI). OTA will pay future dividends to its shareholders out of available free cash flow, targeting a pay-out ratio of not less than 42.5% of consolidated net income.

Transfers of the parties' respective shareholdings in OTA are not permitted during the first 7 years following the Closing other than to certain affiliates. Each of GTH and the FNI will have a put option and call option, respectively, at fair market value on GTH's OTA shares on the 7th anniversary of Closing, as well as upon the occurrence of certain specific events.

Settlement of Disputes

The foreign exchange and import restrictions put in place by the Bank of Algeria against OTA on April 15, 2010 will be lifted on Closing, following the payment by OTA to the Algerian Treasury of the fine of 99 billion Algerian dinars (equivalent to approximately USD 1.3 billion). At Closing, OTA will definitively discontinue (with no admission of wrongdoing or liability) all pending related proceedings.

At Closing, OTA will definitively discontinue (with no admission of wrongdoing or liability) all pending proceedings relating to the disputes with the Algerian tax administration relating to tax reassessments for the years 2004 to 2009. OTA will write off in its accounts the related tax receivable in its balance sheet.

As a result of the settlement of these disputes, both GTH and VimpelCom will take a one-off charge of USD 2.0 billion in their 2013 Financial Statements.

Upon signing of the Share Purchase Agreement, GTH suspended its current arbitration against the Algerian State initiated on April 12, 2012 and, upon Closing, the parties to the arbitration will settle the arbitration and all claims relating thereto.

Agreement with OTA's minority shareholder Cevital

In addition, Cevital S.p.A. ("Cevital"), which holds just over 3% of OTA shares, has signed a Framework Agreement with GTH under which the existing OTA shareholder arrangements will be terminated and GTH will acquire Cevital's OTA shares. In exchange for a purchase consideration of USD 178 million (equivalent to the implied price at which the FNI is acquiring its 51% stake) and the right to USD 56 million from OTA's pre-Closing dividend, GTH will transfer to Cevital the shares of a wholly-owned subsidiary which will hold five year convertible bonds issued by VimpelCom in the principal amount of USD 234 million. The VimpelCom bonds will pay interest at an annual rate of 3.75% and will be convertible into VimpelCom ADSs at a conversion price equal to a premium of 40% above the prevailing ADS price at the time of issue.

As part of the Cevital transaction, GTH will grant Cevital a right to purchase 3.43% of OTA shares for a fixed amount of USD 178 million. Such right may be exercised on the 5th anniversary of Closing (as well as upon the occurrence of certain specific events prior to that time) or at any time between the 5th and 7th anniversaries of Closing. The Cevital transaction is conditional upon negotiation and execution of definitive documentation, receipt of requisite governmental approvals and on Closing of the transaction with the FNI. VimpelCom will guarantee the obligations of GTH in the Cevital transaction. In case the Closing does not take place, GTH and Cevital have also agreed in principle to negotiate agreements under which GTH will pay Cevital 3.43% of the net amount, if any, collected by GTH in the arbitration against the Algerian State in exchange for Cevital transferring all of its OTA shares to GTH and terminating the current OTA shareholder arrangements.


The conditions precedent to Closing include, amongst others, the completion of the Contribution, Optimum obtaining the credit facility of up to 82 billion Algerian dinars (equivalent to approximately USD 1.0 billion), the payment of the pre-Closing dividend of USD 1.862 billion to GTH, the irrevocable termination of the existing shareholders agreement entered into with Cevital, the receipt of necessary approvals by the shareholders of GTH and the receipt of necessary regulatory approvals by the Algerian authorities. The parties expect Closing to occur by the end of 2014.


This announcement contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts, and include statements regarding the possible transactions described above and the expected benefits of such transactions. Any statement in this announcement that expresses or implies VimpelCom's or GTH's intentions, beliefs, expectations or predictions (and the assumptions underlying them) is a forward-looking statement. Forward-looking statements involve inherent risks, uncertainties and assumptions, including, without limitation, the possibility that the transactions may not materialize as expected or at all. If such risks or uncertainties materialize or such assumptions prove incorrect, actual results could differ materially from those expressed or implied by such forward-looking statements and assumptions. Certain other risks that could cause actual results to differ materially from those discussed in any forward-looking statements include the risk factors described in VimpelCom's Annual Report on Form 20-F for the year ended December 31, 2012, and other public filings made by the VimpelCom with the U.S. Securities and Exchange Commission, which risk factors are incorporated herein by reference. The forward-looking statements contained in this announcement are made as of the date hereof, and VimpelCom and GTH expressly disclaim any obligation to update or correct any forward-looking statements made herein due to the occurrence of events after the issuance of this announcement.

About VimpelComVimpelCom is one of the world's largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, Central African Republic and Canada. VimpelCom's operations around the globe cover territory with a total population of approximately 753 million people. As of December 31, 2013 VimpelCom had 220 million mobile customers. VimpelCom Ltd. is headquartered in Amsterdam, the Netherlands and listed as an ADS on the NASDAQ Global Stock Market under the symbol "VIP".

About Global Telecom HoldingGTH, which is 51.9% owned by VimpelCom, is a leading international telecommunications company operating mobile networks in high growth markets in the Middle East, Africa and Asia and North America, having a total population under license of approximately 459 million with an average mobile telephony penetration of approximately 57% as of December 31, 2013. GTH operates mobile networks in Algeria ("OTA"), Pakistan ("Mobilink"), and Bangladesh ("banglalink"), and has an indirect equity shareholding in Globalive Wireless Canada ("WIND Mobile"). In addition it has an indirect equity ownership in Telecel Zimbabwe (Zimbabwe) and through its subsidiary Telecel Globe. GTH also operates in Burundi and the Central African Republic. GTH reached more than 89 million customers as of December 31, 2013. GTH is traded on the Egyptian Exchange under the symbol (GTHE.CA), and on the London Stock Exchange, its GDRs are traded under the symbol (GLTD:LI).

About Orascom Telecom Algerie (Djezzy)Djezzy operates a mobile network in Algeria and provides a range of prepaid and postpaid products encompassing voice, data and multimedia. In 2013, Djezzy recorded USD 1.796 billion of revenue and USD 1.054 billion of EBITDA. As of December 31, 2013, Djezzy's network served 17.6 million customers, representing a market share of approximately 53% of total mobile customers in Algeria.

SOURCE VimpelCom Ltd.

Let Private Investigators Birmingham Help You Expose Charity Fraud Apr 18, 2014 04:31AM

(PRWEB UK) 18 April 2014

The BBC article posted on 4th March 2014 Eight held in Syria charity fraud inquiry reported that cash had been seized and eight people held after it was suspected that funds had been used fraudulently from four different charities in the UK. The article revealed that arrests had taken place in Derby, South East London, Essex, Dewsbury and Huddersfield. A substantial amount of currency had been seized including a mixture of US dollars, euros and pound sterling worth over £45,000. The BBC report named the money as being linked to charities related to Syrian aid, and that the arrests were part of an ongoing investigation in charity fraud. The article included a statement from Det Chief Supt Chris Hogben of the Kent Police. He explained that the investigation aimed to ensure that money donated by the public reached its intended destination, rather than ending up in the hands of criminals. The cash was seized in Dover in December 2012, as criminals attempted to move it out of the country to the Middle East. Det Chief Supt Chris Hogben also revealed that the police were working with other agencies to ensure that money for charities was not being used for criminal activity. He confirmed that any large amount of money passing out of the country through the ports in Kent was checked 'against its purpose' to help catch out criminals.

Private Investigators Birmingham ( encourages people to be vigilant against bogus charities. Before donating money to a good cause people can check with the Charity Commission that the charity is fully registered and legitimate. This can be carried out quickly and easily online at the Charity Commission's website, which provides an online list of all registered charities for public access. If there are any suspicions regarding a charity then private investigators can step in. These experienced experts can carry out comprehensive investigations into charities and individuals. This can reveal if charities are what they claim to be, or whether they may be a potentially fraudulent set up. Private investigators can help track down fraudulent activities and root out criminals trying to misappropriate money intended for charitable use.

Chief Investigator Viv Clarke advises everyone to be cautious when donating to new or little known charities. "There are too many fraudsters willing to take advantage of the good will of the general public, and set up fraudulent charity schemes to cheat people of their money. Private investigators can help to uncover the cheats, and help clients find charities that are legitimate that they can put their trust into." Viv goes on to say "Tracking down fraudulent charities can help to prevent money donated by the public from being used for criminal activity. Contact private investigators now and find out how they can help uncover fraudsters."

Private Investigators Birmingham are waiting now. Call Viv today on 0121 259 0063

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Best Amazing Selling Machine Bonus Has Just Been Released by Apr 18, 2014 04:30AM

Phoenix, AZ (PRWEB) April 18, 2014

A brand new Amazing Selling Machine bonus has just been released by the creators of, Ryan Coisson and Daniel Audunsson. Coisson and Audunsson are fully endorsing Matt Clark and Jason Katzenback's ASM program and in doing so they have created the largest bonus they have ever done.

"The bonus we've created is designed to simply help anyone have more success implementing the ASM program. Since we have both have gone through Clark and Katzenback's ASM program we have a very solid understanding of the program. Not too mention we are in the trenches building a physical products business ourselves, which makes us extremely qualified to help others," says Coisson.

Get the full details on the top Amazing Selling Machine bonus here.

Audunsson stated "when we put together our bonus for ASM we wanted to put something together that absolutely over delivered and honestly blew people away. We knew with our skill sets and experience we could create something that would truly make a large impact on someone's life and we didn't take that lightly. That's why we decided to even include some personal hand holding and 1-on-1 coaching."

Whenever an individual or a business owner works to take their business to the next level they usually need one of a few things and sometimes all of them to make it happen. They need to be able to have the right knowledge, the right tools, the right direction and opportunity. With the bonus Coisson and Audunsson have combined all four things.

Here's just a preview of what comes with their ultimate bonus for ASM an exclusive 8 week NDA live webinar series, a private mastermind at the official ASM live event, a full 60 days of email coaching and advice, a 30 minute 1-on-1 coaching session, our in-house 'Amazon Opportunity Finder Pro' tool and that's just the tip of the iceberg.

Watch this video that details all of the bonuses being offered by Coisson and Audunsson right here.

To learn more about the Amazing Selling Machine program go to

About Coisson
Coisson is an ASM member and joint venture partner for the Amazing Selling Machine program. Coisson helps consumers and business owners understand the pros and cons of training and tools for their businesses. For doing so, he can be compensated by the companies he endorses. Visit to read the full disclosures and terms.

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China GengSheng Receives Audit Opinion with Going Concern Explanation Apr 18, 2014 04:30AM

GONGYI, China, April 18, 2014 /PRNewswire/ -- China GengSheng Minerals, Inc. (NYSE MKT: CHGS) (the "Company" or "GengSheng"), a leading China-based high-tech industrial materials manufacturer producing heat-resistant, energy-efficient materials for a variety of industrial applications, today announced that its audited consolidated financial statements for the fiscal year ended December 31, 2013, included in the Company's Annual Report on Form 10-K, which was filed on April 15, 2014 with the Securities and Exchange Commission, contains an audit opinion from its independent public accounting firm which includes explanatory language related to going concern resulting from the Company's working capital deficiency at December 31, 2013 and a net loss for the year ended December 31, 2013.

This announcement is made pursuant to NYSE MKT Company Guide Section 610(b), which requires separate disclosure of receipt of an audit opinion containing going concern explanatory language.

About China GengSheng Minerals, Inc.

China GengSheng Minerals, Inc. ("GengSheng") develops, manufactures and markets a broad range of high-tech industrial material products, including monolithic refractories, industrial ceramics, fracture proppants and fine precision abrasives. A market leader offering customized solutions, GengSheng sells its products primarily to the iron and steel industry as heat-resistant components for steel-making furnaces, industrial kilns and other high-temperature vessels to guarantee and improve the productivity of those expensive pieces of equipment, while reducing their consumption of energy. Founded in 1986 and based in China's Henan province, GengSheng currently has over 300 customers in the iron, steel, oil, glass, cement, aluminum, chemical and solar industries located in China and other countries. GengSheng conducts business through GengSheng International Corporation, a British Virgin Islands company, and its Chinese subsidiaries, which are Henan GengSheng Refractories Co., Ltd., Zhengzhou Duesail Fracture Proppant Co., Ltd., Henan GengSheng Micronized Powder Materials Co., Ltd, Guizhou Southeast Prefecture GengSheng New Materials Co., Ltd, Henan GengSheng High Temperature Materials Co., Ltd. and Henan Yuxing Proppant Co., Ltd.

For more information about the Company, please visit .

For more information, please contact:

China GengSheng Minerals, Inc. Investor Relations Mr. Shuai  +86-371-6405-9846

SOURCE China GengSheng Minerals, Inc.

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