| Goldbrook Enters into Memorandum of Understanding with Novawest ...
Vancouver, British Columbia CANADA, April 20, 2007 /FSC/ - Goldbrook Ventures Inc. (GBK - TSX Venture), ("Goldbrook') is pleased to announce that it has entered into a Memorandum of Understanding with Novawest Resources Inc. ("Novawest") to acquire all of Novawest's interest in its properties in the Raglan belt and associated assets (the "Property"). As consideration for the sale of the Property, Goldbrook will (i) pay to Novawest $4 million by certified cheque; (ii) issue 5 million shares on the closing date; and (iii) issue 2 million common share purchase warrants with each warrant entitling Novawest to purchase one common share of Goldbrook at $0.35 per share for a period of five years from the closing date. As part of the agreement, Goldbrook has also agreed to complete a $2 million exploration program on the Property during 2007.
Senator to go ahead with electric rate bill
SPRINGFIELD - State Sen. Gary Forby, D-Benton, repeated Wednesday what he's been saying for weeks: He plans to ask fellow senators to vote on a proposal that would reinstate an electric rate freeze for at least a year. "I have not changed. I'm still running my bill," he said. Forby's plan, Senate Bill 1592, was written in response to the public outcry prompted by unexpectedly high power bills that some consumers have been getting this year. An electric rate freeze that was part of the state's 1997 electric deregulation law expired at the start of 2007, and rates for customers of Ameren Illinois utilities and Commonwealth Edison have gone up as a result. For some people, power bills doubled or tripled. Forby said he was not sure exactly when the measure would come up in the Senate, but it could happen this week.
City-employee dispute headed to arbitration
A dispute over an hour and a half of comp time could send the city of Tower into arbitration with its maintenance supervisor. The city council, on Monday, unanimously rejected a grievance filed by Randy Johnson, who is upset that an hour and a half was deducted from his comp time allotment for time he spent in contract negotiations during his regular workday. Johnsons AFSCME union representative Joe Pershern, who attended this weeks council session, contends the citys union contract allows workers to attend council meetings, during work hours, without a loss of pay. But city councilors dispute that interpretation. I researched this extensively and could find no evidence of that in the contract, said Councilor Richard Hanson, who recommended that the grievance be denied. Personally I think its ridiculous to pay people to negotiate, he said.
AAUP, administration back to negotiation table
After eight months of dispute and discussion over contract negotiations between the American Association of University Professors and the Eastern Michigan administration, the long-awaited report and recommendation of the factfinder has been released.
Independent fact-finder, attorney and arbitrator Benjamin Kerner, released his 32-page report on Friday. Kerner's report is not binding, however the AAUP has said in the past it would accept any recommendations by the fact finder.
"We stand behind our earlier statements to accept the recommendations IF the administration does," Howard Bunsis, president of the AAUP-EMU chapter, said in an e-mail to faculty.
President Fallon released an e-mail to community members after the fact-finder's report was released.
Girls Gone Wild Boss Faces Jail
(andPOP) - The man behind the GIRLS GONE WILD video and DVD empire faces jail in Panama City after failing to appear in court for a mediation hearing. A federal judge has ordered JOE FRANCIS to surrender to authorities so he can begin serving jail time for contempt of court. US District Judge RICHARD SMOAK insists Francis should be jailed until he agrees to participate in mediation talks aimed at ending a four-year-old legal battle between the media mogul and seven underage women, who sued the Girls Gone Wild boss after he filmed them in sexual situations. Negotiations were set to begin last month but Francis stormed out of proceedings after verbally attacking lawyers. The media mogul then made a settlement offer for the plaintiffs to consider. But Francis failed to appear at an emergency hearing on Wednesday, prompting Judge Smoak to raise the amount of money the Girls Gone Wild boss has to pay the plaintiffs' lawyers.
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