Pompano Beach, FL, November 20, 2012 - FBC Holding Inc(PINKSHEETS: FBCD) shares fell 25% to $0.0003 in the early hour. The company has submitted it’s capitalisation plan to the Reserve Bank of Zimbabwe (RBZ) following the hiking of the minimum capital requirements from $12,5 million to $100 million for commercial banks. The RBZ in September announced a phased recapitalisation exercise for the financial services sector.
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Tactical Air Defense Services, Inc.(PINKSHEETS: TADF) shares is trading at $0.0004 in the early hour. The company announced that it has closed the acquisition of Northrop TF5-1 Corp. (Northrop), a military aircraft holding company, as a wholly-owned subsidiary of TADF. Through the acquisition of Northrop, TADF has acquired ownership of a Canadair CF-5 aircraft (the "CF-5"), which TADF intends to use in support of tactical aviation contracts that it is currently pursuing through its wholly-owned subsidiary, AeroTech Corporation.
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E-Debit Global Corporation(PINKSHEETS: WSHE) shares gained 42.11% to $0.0270. The company announces the expansion of its GROUP-LINK sales and marketing agency with the integration of its proprietary e-commerce platform. E-Debit has begun the integrated of its proprietary online Payment Gateway that builds on our existing financial infrastructure providing a no qualifying process for all levels within the payment channel of the GROUP-LINK e-commerce network.
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EGPI FIRECREEK INC(PINKSHEETS: EFIR) stock is trading at $0.0001. The company announced initial production results from the successful workover on the J.B. Tubb Leasehold, Crawar #2 well in West Texas. As previously announced on August 28, 2012, the Company reported that funding had been secured in order to provide for perforating into the new untapped Glorieta Formation in the Crawar #2 well.
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Santo Mining Corp(OTC: SANP) shares fell 19.60% to $0.530. The company is currently negotiating an LOI with Gexplo for additional precious and base metal claims (gold, silver, copper, zinc, etc.) in the Dominican Republic. Recently Santo Mining acquired 100% of the Walter, Alexia, Maria, Francesca, Nathaniel, Eliza and Henry claims from Gexplo and is currently negotiating a Letter of Intent to option up to five other claims.
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