DALLAS--Dec. 30, 2008--Halter Financial Group closed 17 APO® and Reverse Merger transactions during the last 24 months with over $307 MM raised.
HFG Holdings Inc. (CVE: “HFG”) completed its APO® on December, 24 2008 raising $15,200,000. In conjunctions with the transaction Sabretooth Energy Ltd. sold 59 net sections of Montney petroleum and natural gas rights, and certain wells and seismic access and interpretations to HFG Holdings Inc. in exchange for 156,546,590 common shares of HFG Holdings Inc. China Nutrifruit Group (OTCBB: “CNGL”) completed its APO® transaction on August 14, 2008 raising $5,000,000. The company is a leading producer of premium specialty fruit based products in China. Sunset Suits Holdings Inc completed its APO® transaction on June 30, 2008 raising $16,000,000. The company is a designer and retailer of high quality menswear based in Poland. Golden Elephant Glass Technology Inc. (OTCBB: “GOEG”) completed its Reverse Merger on March 31, 2008. The company is a leading China-based float glass manufacturer. Yuhe International, Inc (OTCBB: “YUII”) completed its APO® on March 12, 2008 raising $21,000,000. The company is a supplier of day-old chickens raised for meat production through out the PRC. Dalian Chuming (OTCBB: “ENHD”) completed its APO® on January 7, 2008 raising $17,000,000. The company is involved in the slaughtering, processing, packaging and distribution of pork and pork products. Hong Kong Winalite (OTCBB: “HKWO”) completed its Reverse Merger on January 4, 2008. The company markets and sells personal health and hygiene products. China Marine Food Group Limited (OTCBB: “NPDP”) completed its APO® on November 7, 2007 raising $19,925,000. The company is engaged in the business of processing, distributing and selling processed seafood products and marine catch. Whitehall Jewelers Holdings, Inc. (OTCBB: “WHJH”) completed its APO® on June 30, 2007 raising $50,000,000. The company is a leading national specialty retailer of fine jewelry. Athersys, Inc. (NASDAQ: “ATHX”) completed its APO® on June 11, 2007 raising $65,000,000. The company is a biotechnology company that specializes in Random Activation of Gene Expression (RAGE) technology to scan the human genome, identify proteins with specific biological functions, and link those protein functions with gene structures. American Lorain Corporation (OTCBB: “ALRC”) completed its APO® on May 4, 2007 raising $20,000,000 million. The company is a leading food processing company engaging in the development, manufacture and sale of food products worldwide. China Gengsheng Mineral (OTCBB: “CHGS”) completed its APO® on April 25, 2007 raising $10,000,000. The company is a mineral-based manufacturer whose products include monolithic refractories, industrial ceramics and fracture proppant. Redpoint Bio Corporation (OTCBB: “RPBC”) completed its APO® on March 12, 2007 raising $33,000,000. The company identifies and develops compounds to improve the taste of pharmaceutical, food and beverage products. Anchor Funding Services, Inc. completed its Reverse Merger on March 7, 2007. The company provides factoring and back office services. Sutor Technology Group (OTCBB: “SUTR”) completed its APO® on March 6, 2007 raising $12,000,000. The company manufactures and sells steel finishing fabrication products. China Ritar Power Corporation (OTCBB: “CRTP”) completed its APO® on February 16, 2007 raising $12,250,000 million. The company designs, develops, manufactures and markets environmentally friendly lead-acid batteries with a wide range of applications and capacities. International Stem Cell Corporation (OTCBB: “ISCO”) completed its APO® on January 8, 2007 raising $11,200,000 million. The company specializes in Parthenogenesis, the creation of pluripotent human stem cell lines from unfertilized human eggs without the transfer of foreign DNA.
CONTACT: Halter Financial Group Chelsea Kindred 1-972-233-0300 Chelsea@HalterFinancial.com