OCEANSIDE, CA, Apr 02, 2012 (investorenews.com) — Citadel EFT, Inc. (OTCQB: CDFT) (PINKSHEETS: CDFT), which offers U.S. merchants credit card terminals, online services, mail order and retail credit card processing services, announces today that it has signed on merchant credit card services for Buypureomega.com.

Buypureomega.com, http://www.buypureomega.com, offers a pharmaceutical-grade omega-3 fatty acid supplement that can be purchased from its website and/or by calling their toll free number, 888-350-6571. Credit card transactions obtained from Buypureomega.com will now be processed through CDFT’s electronic payment system with projected credit card processing of approximately 2 million per year.

NEW YORK, NY, Apr 02, 2012 (investorenews.com) — Swank, Inc. (PINKSHEETS: SNKI), a leading designer and marketer of men’s and women’s belts and men’s leather accessories, jewelry and suspenders, announced today that the third party who had submitted the previously announced alternative acquisition proposal to acquire all of Swank’s outstanding shares of common stock has decided not to move forward with the proposal. As a result, the third party is no longer an “Excluded Party” under the terms of the previously announced agreement and plan of merger dated as of February 3, 2012 (the “Merger Agreement”), among Swank, Randa Accessories Leather Goods LLC (“Randa”), Swing Acquisition LLC, a wholly-owned subsidiary of Randa, and Swing Merger Sub, Inc., an indirect wholly-owned subsidiary of Randa.

As previously announced, Swank has agreed under the Merger Agreement to be acquired by Randa for $10.00 a share, or total consideration of approximately $57.5 million. Swank’s Board of Directors has unanimously approved the Merger Agreement with Randa, and Swank and Randa are proceeding with the transaction. The closing of the merger with Randa, which is expected to be completed during the second quarter of 2012, is subject to the approval of Swank’s stockholders at a special meeting and other customary closing conditions. Randa intends to fund the acquisition with a combination of existing cash and the proceeds of a new revolving credit facility from JPMorgan Chase Bank.

NEW YORK, NY, Mar 26, 2012 (investorenews.com) — Augme Technologies, Inc. (OTCBB: AUGT) (“Augme(R)”) (“the Company”), a technology and services leader in interactive media marketing that offers the only patented and innovative end-to-end mobile marketing platform, today announced that international marketing leader Phil Cowdell has joined the Company’s Advisory Board.

Mr. Cowdell is the president of R2C Group, the largest direct response advertising agency in the country, where he leads six teams across the U.S. that create innovative advertising campaigns spanning mobile, online and television media. He formerly served as Chief Executive Officer, then Chairman, of Mindshare, a leading global marketing and advertising network with a customer base that includes such leading brand names as Unilever, Kimberley-Clark, American Express, BP, IBM, LG, Jaguar, LandRover, Holiday Inn/IHG, CVS, Radio Shack, Boehringer Ingelheim, Abbott and 21st Century Insurance. Mindshare is part of GroupM, which oversees the media investment management sector for WPP, the world’s leading communications services group.

NORCROSS, GA, Mar 26, 2012 (investorenews.com) — VEGA BIOFUELS, INC. (PINKSHEETS: VGPR) announced today that it has entered into a Lease on a building in Cordele, Georgia for the Company’s bio-coal manufacturing plant.

The 90,000 square foot facility is located at 2801 E 13th Avenue in Cordele, GA and is adjacent to the new Cordele Inland Port. The Inland Port provides direct rail access to the Port of Savannah, one of the country’s largest international shipping ports.

The Company will work with engineering firm Hunt, Guillot & Associates on the design, construction, project management, and equipment installation for the new plant. When completed, the facility will produce green energy bio-coal from timber waste for use in existing coal-fired power plants around the world.