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The Bellwether Report reports on the Developments Surrounding Vinoble, Inc.

Publication: M2 Presswire
Publication Date: 22-MAY-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-22 May 2006-bellwetherreport.com: The Bellwether Report reports on the Developments Surrounding Vinoble, Inc(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:22052006

Vinoble, Inc (OTCBB:VNBL), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.

Vinoble, Inc does not have significant operations, but intends to acquire or merge with the companies operating in the radio frequency identification and global position systems sectors, which would enable the company to offer end to end solutions for the tracking, management, and monitoring of both mobile and nonmobile assets., this morning announced that the Company has renegotiated the terms of a note payable by GarcyCo to Vinoble, whereby accelerating the payments due.

Additionally, the Company has also reached a Loan Agreement with a private investor. Both transactions are to facilitate costs associated in drilling the Allain-Lebreton No. 2 well on the Clovelly South Prospect. The note, originally set to mature on December 31, 2006, has been...



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