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CentroCom (fka ZOWI) RSS Feed

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http://www.mediaholdingsgroup.com CentroCom is a development stage company, focusing on acquisition activities to improve shareholder value. CentroCom is currently looking to add shareholder value by acquiring companies that work in the media market area. CENTROCOM CORP Signs Reorganization and Merger Agreement with Juice Marketing Inc. CHARLOTTE, N.C., June 7, 2007 /PRNewswire-FirstCall via COMTEX/ -- CENTROCOM CORP (OTC: ZOWI) announces that it has signed a reorganization and merger agreement to acquire Juice Marketing Inc. Pursuant to the terms of the final agreement, ZOWI has approved its name change to JMI TELECOM CORP. and will acquire 100% of the interests in Juice Marketing Inc. in exchange for controlling interest of ZOWI restricted common stock. To reflect the new corporate direction of the Company, Juice Marketing intends to change the corporate name of ZOWI to JMI TELECOM CORP. The company is taking the requisite steps to change the name and notify the NASD in order to receive a new trading symbol. The management of Juice Marketing Inc. has assumed control of ZOWI. About Juice Marketing Inc. Juice Marketing, Inc. dba JMI TELECOM is a public utility and a CLEC (competitive local exchange carrier) in the states of North Carolina and Kentucky. JMI TELECOM offers next generation telecommunications products and services including local and long distance telephone service, broadband, dial- up internet, V.O.I.P. (Voice Over Internet Protocal) and prepaid home telephone service. JMI's direct sales force contacts potential customers through network marketing, telemarketing and advertising. JMI plans on building a subscriber base by building a large and motivated direct sales force and offering the most competitive products. JMI is particularly focused on VOIP service which offers broadband internet users the ability to replace their local and long distance phone service, with a substantially cheaper phone service through their broadband connection. Customers can purchase JMI's ATA adapters and use their existing phone equipment. JMI's VOIP is more economical than traditional phone service, the ultimate package plan allows the consumer to make unlimited local and long distance calls and integration of voicemail to email all in one package. JMI TELECOM offers prepaid telephone services. The Prepaid Market segment offers the consumer the ability to obtain telephone service even if the customer had been denied service from another provider. JMI TELECOM meets the needs of consumers in a controlled pay market. Market reviews shows that this service is marketable to an approximate equivalent of 10+ million households. JMI TELECOM offers dial-up internet service providing access in all 50 states with over 13,000 access numbers. Dial-up Internet continues to be an affordable way to access all the great resources available on the Internet today. They offer simple plans at hard to beat prices. JMI dial-up internet service starts as low as $9.95 a month. Safe Harbor Act Disclaimer: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, the independent authority of the special committee to act on the matters discussed, the successful negotiation of the potential acquisition and disposal of transactions described above, successful implementation of the company's business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. Investor Relations - 866.880.6561 SOURCE CENTROCOM CORP
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