Equal Trading, Inc. Contracts Michael Palethorpe, Previously a Landmark Education Executive, to Create Forex Training Division
August 18 2005 - 7:00AM
Business Wire
Equal Trading, Inc. (OTC:EQTD), a complete global service provider
of Foreign Exchange trading has contracted Michael Palethorpe, a
Landmark Education training expert, to provide marketing, seminars
and classes exclusively for the company's Forex training division.
"In reaction to the overwhelming public demand we have received for
Forex education, Equal Trading is tremendously excited to announce
Mr. Palethorpe shall aggressively pursue this lucrative segment of
our industry," stated James Palmer, Equal Trading President and
CEO. "This new education division will not only generate
outstanding value, it shall accelerate enrollment in our flagship
product, Equal's online trading platform, as each student will
automatically be given a live trading account. Retaining students
as clients will allow the company to profit in both the short and
long run," added Mr. Palmer. Mr. Palethorpe succeeded with his
debut in the US public domain as a founder of XML Global
Technologies in 1999, a world leader in XML data search products
(www.XMLGlobal.com). By 2000, Michael co-founded and designed
NorthShoreMountainBiking.com (www.NSMB.com). Within 18 months, Mr.
Palethorpe grew NSMB.com to the second largest website of its kind,
with over 9,000 user visits daily. In 2001 Mr. Palethorpe became a
Regional Manager for Landmark Education
(www.LandmarkEducation.com), a global education enterprise with 57
offices worldwide. Michael produced a 33% increase in revenues for
his region by doubling registration in Landmark Education courses.
"Our negotiations with Mr. Palethorpe focused on results. We are
extremely proud to report our contracts are entirely
performance-based, which can only increase our earnings. Equal has
seized an opportunity, on behalf of all our shareholders, to profit
from Michael's commitment. This is truly a win-win scenario," added
Mr. Palmer. "Equal Trading's rapid growth, coupled with their
pursuit of the opportunities inherent in Forex education,
demonstrates the company is dedicated to building value for the
long term," said Mr. Palethorpe. "Numerous well established
companies such as Refco, FxSolutions, Forex.com, and GCI have
entered into the training market. We shall capitalize on the
profitable aspects of their aggressive marketing campaigns and
position ourselves further by delivering comprehensive, proven
trading techniques. Equal Trading will go beyond simply teaching
clients how to use the company's platform, the problem inherent
with most Forex training, we shall convey the same techniques we
apply to Equal Trading's in-house traders, those responsible for
trading the company's own funds." About Equal Trading Equal Trading
(www.EqualTrading.com) was incorporated in the State of Nevada. The
company has diversified itself to access multiple profit streams
within the realm of the Foreign Exchange Market. Equal Trading's
online platform draws revenue from retail clients as well as
utilized by the company's in-house traders who trade the company's
capital. Within the platform, up to 200:1 leverage is offered,
which means a $5000 trade will let a client buy/sell up to
$1,000,000 worth of currencies allowing them, and in turn the
company, to realize far greater returns. The education branch
furthers the company's bottom line. Having a portion of each
student's fee used to open a live trading account with Equal
Trading ensures revenue is retained by the business. THIS NEWS
RELASE MAY CONTAIN 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. SUCH
STATEMENTS ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE
ACTUAL RESULTS TO VARY MATERIALLY FROM THOSE PROJECTED IN THE
FORWARD-LOOKING STATEMENTS. THE COMPANY MAY EXPERIENCE SIGNIFICANT
FLUCTUATIONS IN OPERATING RESULTS DUE TO A NUMBER OF ECONOMIC,
COMPETITIVE AND OTHER FAXCTORS. THESE FACTORS COULD CAUSE
OPERATIONS TO VARY SIGNIFICANTLY FROM THOSE IN PRIOR PERIODS, AND
THOSE PROJECTED IN FORWARD-LOOKING STATEMENTS. INFORMATION WITH
RESPECT TO THESE FACTORS WHICH COULD MATERIALLY AFFECT THE COMPANY
AND ITS OPERATIONS ARE INCLUDED ON CERTAIN FORMS THE COMPANY FILES
WITH THE SECURITIES & EXCHANGE COMMISSION. Equal Trading, Inc.
(PINK SHEETS:EQTD)
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