Tensleep.com Details Corporate Growth Plan
AUSTIN, Texas--(BUSINESS WIRE)--July 12, 2000--Tensleep.com, Inc.
(OTC BB:TENS - news), an integrated Internet company, today detailed the
short and long-term goals, objectives and strategies that comprise the business
plan of the Company and its subsidiaries, Tensleep Technologies, Inc.,
Tensleep Finance.com, Inc. and Master Financial Group.
The three primary short-term goals for the Company are 1) listing on the
Nasdaq SmallCap Exchange; 2) the development and marketing of a series of
Internet appliances by Tensleep Technologies; and 3) the development of a
financial portal for investor information on qualified and supported OTC
Bulletin Board companies by Tensleep Finance.com, with content provided by
Master Financial Group.
Over the long-term, the primary goals of the Company and its subsidiaries are:
the enhancement of its shareholder value; the development of e-commerce
service providers offering customer support relating to the Internet appliances
being developed; and the support of emerging growth technology companies.
Tensleep.com President and Chief Executive Officer Ronald S. Tucker stated,
``We intend to increase shareholder value by centralizing technology
development and marketing through Tensleep Technologies and undertaking
e-commerce activities through Tensleep Finance.com. Additional related
corporate activities will be conducted through Master Financial Group and its
It is the goal of Tensleep Technologies to complete the development of the first
level prototype for three Internet appliances (CyberServers: web modem,
iCradle and home controller) using standard commercial components and
developing application-specific software. With a prototype for each appliance,
Tensleep Technologies will commence marketing the appliance, with a six
month to one year sales lead time expected.
Tucker continued, ``Our objectives are to develop a financial portal and a
network of e-commerce service providers. Master Financial's role is to seek
out and negotiate agreements for the support of qualified OTC Bulletin Board
Tensleep.com will enhance shareholder value through increased investment in
and corporate development of the Company, and the acquisition of all or part
of independent emerging growth companies.
Tensleep Technologies' will develop a strategic relationship with the founders of
Concur Technology Systems, L.L.C. by forming a joint venture corporation,
Tensleep Appliances, Inc. to develop three Internet appliances. Tensleep
Finance.com will partner with independent parties to create the financial portal
website and acquire independent e-commerce service providers. Master
Financial will attract OTC Bulletin Board companies that meet its requirements
to become a client company and further develop the services and content of the
financial portal to enhance and support the market for qualified companies.
Tensleep.com, Inc. is a development stage integrated Internet company that
focuses on Internet technology and e-commerce websites. The Company's
business-to-business focus involves the development and sales of Internet
products, services and solutions and a business-to-consumer focus to establish
a financial services provider and e-commerce websites.