Remington Ventures Gets a Progress Report From Quantum Bit
January 31 2006 - 8:00AM
PR Newswire (US)
NEW YORK, Jan. 31 /PRNewswire-FirstCall/ -- Remington Ventures,
Inc. (OTC:RMVN) (BULLETIN BOARD: RMVN) has been informed by Quantum
Bit Induction Technology, Inc. (OTC:QBIT) (BULLETIN BOARD: QBIT)
that negative group delay electronics have run in the system being
developed for Remington Ventures, Inc. QBIT has also reported to
Remington Ventures, Inc. that the system now harvests the
appropriate information through the Internet, converts the data to
analog, passes the signal through custom negative group delay
electronics, converts the analog circuit output to digital,
digitally filters and signal processes the data, loads a neural
network trains the neural network, and automatically executes
trades for the selected currency pair. It took some days to
accumulate the input database for the whole system to be running
properly. Remington Ventures, Inc. believes that a more thorough
and professionally built negative group delay electronics is the
next appropriate step for the project. The mathematics and circuit
diagrams were recently delivered to professional engineers who
promise delivery of that circuitry shortly. Remington Ventures,
Inc. believes that it will be able to run the new circuitry and
improved system shortly through trading trials. For additional
information, please visit Remington ventures, Inc.'s website at
http://www.rmvn.net/ . Anyone interested in this project is
encouraged to contact the office for adequate information with
which to make an educated stock ownership decision. Remington
Ventures, Inc., prefers that the uninformed NOT become
shareholders, and discourages stock ownership by the undereducated
or under-informed. The statements in this press release are not
forward-looking. Anyone considering Remington Ventures, Inc. common
share ownership should first understand the Company. Contact:
Michael Brown, President Remington Ventures, Inc. 410 Park Ave.
15th Floor New York, NY 10022 USA Phone: 917-210-7444 Fax:
917-210-8182 First Call Analyst: FCMN Contact:
johann@redseamanagement.com DATASOURCE: Remington Ventures, Inc.
CONTACT: Michael Brown, President, Remington Ventures, Inc.,
+1-917-210-7444, or fax, +1-917-210-8182 Web site:
http://www.rmvn.net/
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