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SSHO Receives $44 Million LOI – Should Trade Big

Posted by admin On August - 16 - 2010

South Shore Resources Receives LOI: $44 Million for Exclusive Licensing of Its Intellectual Property
PROVIDENCIALES, Turks and Caicos, Aug 13, 2010 /PRNewswire via COMTEX/ — South Shore Resources Inc. (Pink Sheets: SSHO) (Frankfurt: SXB) (WKN: A0LD9H) wishes to announce that it has received a letter of intent (LOI) pursuant to which a private Ontario company headed by Mr. Erich Genseberger wishes to purchase for $44 million, an exclusive 20 year license for use of our intellectual (Hydrogen on Demand) property.

Mr. Erich Genseberger, 49, has a diverse background, as he is also currently the CEO of EcoMedia Direct an environmentally friendly media company and has previously held increasingly senior management positions at Martinrea International, Royal Laser Corp. and Cosma International, the metal forming end of Magna International.

Mr. Genseberger is a tool and die maker by training and an expert in metal manufacturing techniques and technology.

Subject to review, due diligence, evaluation and approval by both parties a definitive agreement is to be reached on or prior to September 01, 2010.

South Shore believes that its HyProStar Series of Hydrogen Generating Modules are an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases.

To learn more about the HyProStar Hybrid Conversion Kit, please visit: www.southshoreresourcesinc.com or www.hyprostar.com.

About South Shore Resources Inc.:

South Shore Resources Inc. is a company engaged in the development of products which are committed to the reduction of harmful greenhouse gases and fuel savings with the use of Hydrogen Generating Modules and related accessories to the transportation and automotive industries which are either in development and/or the commercialization stages.

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. These forward-looking statements involve known and unknown risks, uncertainties and other facts that could cause the actual future results of the Company to be materially different from such forward-looking statements. These forward-looking statements are made only as of the date hereof, and we disclaim any obligation to update or revise the information contained in any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information please contact South Shore Resources Inc. at (416) 281-3335 begin_of_the_skype_highlighting (416) 281-3335 end_of_the_skype_highlighting or visit the company’s Website at: www.southshoreresourcesinc.com.

SOURCE South Shore Resources Inc.

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APTD Making a Move

Posted by admin On August - 2 - 2010

Press Release Source: AlphaTrade.com On Friday July 30, 2010, 4:02 pm EDT

PHOENIX–(BUSINESS WIRE)–AlphaTrade.com (OTC BB: APTD) has committed to developing a unique trading platform which will allow clients of any brokerage firm to execute trades on-line securely and immediately. The multi-trillion dollar online trading industry has been dominated by firms such as E-Trade, Ameritrade and others making it difficult for smaller boutique firms to compete. Scottrade, a leading online investment firm, reported 2007 gross revenues of 1.03 billion and is currently holding 2 million accounts. According to preliminary research, analysts for AlphaTrade concluded a nominal penetration of 1% of the total market share could result in revenues in excess of 100 million annually.

“Our trading platform,” states Chief Executive Officer Gordon Muir, “will allow any firm to compete directly with larger firms. In fact, the smaller firms will be able to charge less than the larger firms for online trading privileges.” The new platform will offer clients access to AlphaTrade’s premium E-Gate service at no additional cost. Created in 1999, E-Gate is a multilingual real time trading tool used worldwide offering Level II quotes, charting and portfolio management systems.

The trading platform will have unique features not found in other systems such as the ability to change languages instantly in real-time. In addition, market data applications will be available on any operating system or computer anywhere in the world, including handheld devices such as Blackberry, Droid and iPhone.

This news release and more information about AlphaTrade are available at the Company’s website: www.alphatrade.com.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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