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wow she's really moving .49 x .52. congrats Larry.
I added it to my watchlist after you posted it and tried to get some, but they passed me up. Oh well. Hopefully they drop the ask back down some.
IKNV, no fill for me @ .80
MKTS News
MarketCentral.net CEO Interviewed by Wall Street Reporter.com
/FROM PR NEWSWIRE 800-682-9599/
TO BUSINESS AND TECHNOLOGY EDITORS:
MarketCentral.net CEO Interviewed by Wall Street Reporter.com
DENVER, Aug. 8 /PRNewswire/ --
MarketCentral.net (OTC Bulletin Board: MKTS) announces interview with CEO Paul
Taylor by the Wall Street Reporter.com covering recent developments in
implementing the Company's "bundled approach" to wholesaling Internet Protocol
services, advertising opportunities to ISPs and Internet Affinity groups.
The interview can be accessed at www.wallstreetreporter.com .
About MarketCentral.net
MarketCentral.net is an Internet infrastructure company (an "Enabler") and
Application Service Provider ("ASP") based in Englewood, Colorado. The
Company has been public since February 1999. MarketCentral.net implements a
"bundled approach" to wholesaling Internet Protocol services, dial-tone and
rich-media advertising opportunities to ISPs ("Internet Service Providers")
and Internet Affinity groups. The Company website can be found at
www.marketcentral.net.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X14805160
SOURCE MarketCentral.net
/CONTACT: Harvey Goralnick of FOCUS Partners LLC, +1-212-752-9445,
orhg@focuspartners.com, for MarketCentral.net/
/Web site: http://www.wallstreetreporter.com/
Aug-08-2001 17:14 GMT
Symbols:
US;MKTS
Source PRN PR NewsWire
Categories:
NWR/CO NWI/CPR NWI/MLM MST/R/US/CO MST/I/CPM MST/I/NET
Global Capital Partners Closes Sale of Controlling Interest in Sutton Online; Gl
/FROM PR NEWSWIRE CHARLOTTE 704-338-9366/
TO BUSINESS AND TECHNOLOGY EDITORS:
Global Capital Partners Closes Sale of Controlling Interest in Sutton Online;
Global Capital to Retain Minority Stake in Ikon Ventures
CHARLOTTE, N.C., Aug. 8 /PRNewswire/ --
Global Capital Partners Inc. (Nasdaq: GCAP) announced today that it has
closed the sale of a controlling interest in Sutton Online Inc., its majority-
owned subsidiary and online trading firm, to third parties for $1,800,000 in
cash and notes. In connection with this sale, the stockholders of Sutton
Online completed a share exchange with Ikon Ventures, Inc.
(OTC Bulletin Board: IKNV) pursuant to which Sutton online became a wholly
owned subsidiary of Ikon Ventures and the stockholders of Sutton Online
acquired approximately 78% of Ikon Ventures. As a result of these
transactions, GCAP currently owns approximately 5% of Ikon Ventures.
Global Capital Partners owns and operates Global Capital Securities
Corporation, a full-service investment banking and brokerage firm, with
14 offices nationally. For additional information about the Company, please
visit www.gcapitalpartners.com.
Certain information contained in this press release includes forward
looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995 and is subject to certain risks and uncertainties,
including but not limited to the effect of technological, economic and market
conditions and those discussed in the Global Capital Partners Inc. (formerly
Eastbrokers International) Annual Report on Form 10-KSB for the fiscal year
ended March 31, 2001, and in the Company's other reports filed with the
Securities and Exchange Commission. Readers are cautioned not to place undue
reliance on these forward looking statements, which are made as of the date
hereof and the Company undertakes no obligation to release any revisions to
the forward looking statements to reflect events or circumstances after the
date hereof or to reflect unanticipated events or developments.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X17741036
SOURCE Global Capital Partners Inc.
/CONTACT: Martin A. Sumichrast, Chairman & CEO of Global Capital PartnersInc.,
+1-704-643-8220/
/Web site: http://www.gcapitalpartners.com /
Aug-08-2001 17:01 GMT
Symbols:
US;GCAP US;IKNV
Source PRN PR NewsWire
Categories:
NWR/NC NWI/FIN NWI/CPR NWI/MLM NWI/OTC NWS/TNM MST/R/US/NC MST/I/BNK
MST/I/CPM MST/I/NET MST/I/MKT MST/S/MRG
Hello everyone! Joined you guys on JNMI. Looks like it has good potential.
IJoin Systems Inc. Announces 2-for-1 Stock Split
Business Editors, High-Tech Writers
SEATTLE--(BUSINESS WIRE)--Aug. 6, 2001--iJoin Systems, Inc.
(OTCBB:IJON), a leading developer of Intelligent Business Webs, today
announced that the Company's Board of Directors has approved a
two-for-one stock effective August 21, 2001.
Shareholders of record at the close of business on August 21, 2001
will then be issued one additional share for each share of common
stock then held.
"This stock split not only rewards our current shareholders, but
also makes it easier for other investors to share in iJoin's success,"
said Mr. John Campbell, iJoin Director. "It also enhances the current
liquidity in the marketplace, making it possible for more investors to
share in the promising growth of our company and our industry."
As a result of the split, the number of shares of common stock
outstanding will increase to approximately 13 million after August 21,
2001.
About iJoin Systems, Inc. (www.ijoin.com)
iJoin is a Delaware corporation based in Seattle that has recently
developed the first-to-market Intelligent Business Web offering
integrated Web services for the IT marketplace. iJoin's Intelligent
B-Web streamlines IT processes, automatically integrating disparate
vendors into a single source. A single source provider enables IT
professionals to procure, deploy, and maintain custom solutions, and
lower their total cost of technology ownership. The platform
technology at the heart of iJoin's Intelligent B-Web is iJoin's
proprietary XML Logic Engine that designs customized solutions for
each iJoin customer. Establishing its beachhead in the information
technology (IT) vertical, iJoin's XML Logic Engine will add value to
multiple vertical markets in the future.
Cautionary Statement for Purposes of the "Safe Harbour" Provisions
of the Private Securities Litigation Reform Act of 1995: All
statements, other than historical facts, included in the foregoing
news release regarding the Company's business strategy and plans of
management for future operations are "forward looking statements"
within the meaning of Section 27A of the Securities Act and Section
21E of the Securities Exchange Act of 1934, as amended. These
statements, which include, but are not limited to, words such as
"expect," "anticipate," "plan," "estimate," "project" and "intend" are
based on management's beliefs and assumptions, and on information
currently available to management. Forward-looking statements involve
certain known and unknown risks, uncertainties and other factors which
may cause the Company's actual results, performance or achievements to
be materially different from any future results, performance or
achievements expressed or implied by these forward-looking statements.
These factors include, among others, the Company's ability to
successfully integrate any prior and future acquisitions; any
uncertainties relating to business and economic conditions in markets
in which the Company operates; any uncertainties relating to customer
plans and commitments; the timely development and market acceptance of
the Company's products and technologies; possible product defects and
product liability, dependence on intellectual property rights, the
highly competitive environment in which the Company operates and other
risks detailed from time to time in the Company's periodic reports
filed with the United States Securities and Exchange Commission and
other regulatory authorities.
--30--RYG/se*
CONTACT: For IJoin Systems Inc.
Mindshare Communications
Jason Birmingham, 888/301-6788
www.ijoin.com
KEYWORD: WASHINGTON
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET PRODUCT
SOURCE: IJoin Systems Inc.
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
Aug-06-2001 18:59 GMT
Symbols:
US;IJON
Source BW Business Wire
Categories:
MST/R/US/WA MST/I/NET MST/S/PDT
IBIZ .074 x .075. Looking for a strong close.
IBIZ News
iBIZ Technology in Exclusive Agreement with Eurpac, Worldwide Distributor to US
/FROM PR NEWSWIRE LOS ANGELES 213-626-5500/
TO BUSINESS AND TECHNOLOGY EDITORS:
iBIZ Technology in Exclusive Agreement with Eurpac,
Worldwide Distributor to US Armed Forces
PHOENIX, Aug. 6 /PRNewswire/ -- iBIZ Technology Corp.
(OTC Bulletin Board: IBIZ), a leading manufacturer of PDA/handheld accessories
and a provider of data center/co-location services and cabling for business
infrastructure and networks, today announced that Eurpac Service, Inc.
(Eurpac), the primary distributor of electronics, entertainment and other
consumer products to U.S. military exchanges, U.S. Navy ships and veteran's
canteen services located worldwide, will distribute iBIZ PDA accessories
exclusively, beginning in August, 2001.
Virginia-based Eurpac will distribute iBIZ' line of innovative PDA
accessories, including the KeySync Keyboard, folding travel cradles, 12-volt
car chargers, aluminum hardcases, 9-volt pocket chargers and connecting cables
to all military installations, which serve over 11 million members of
U.S. armed forces, including the Army, Navy, Air Force, Coast Guard, Marines,
and special forces stationed throughout the world.
Mark Perkins, iBIZ executive vice president, commented: "The use of PDAs
and other wireless devices, and related accessories, is increasing in
virtually every industry, business and demographic setting, and the U.S.
military is no exception. This agreement with Eurpac offers iBIZ an
opportunity to serve a large, unique market in which mobile communication and
convenience are valuable commodities."
Added Ken Schilling, iBIZ president and CEO: "This agreement enables us to
further expand our sales base. We believe that sales in this market could add
to quarterly results beginning this fourth quarter and potentially could
provide substantial revenue contributions in subsequent quarters, as our
products become fully integrated into Eurpac's sales and marketing system."
About iBIZ Technology
iBIZ is a leading manufacturer and distributor of accessories for personal
digital assistant (PDA) and handheld devices. iBIZ is recognized for
innovative, high-quality, competitively-priced products available through
major retailers. iBIZ also creates, develops and hosts business Web sites
through its co-location data center. iBIZ cabling services enable data/voice
networks, wireless and fiber optic telecommunications systems, build-outs, and
plant infrastructure.
For more information on iBIZ products and services, go to www.ibizcorp.com
or e-mail to sales@ibizcorp.com or call 800/234-0707.
Forward-looking statements in this release relating to marketing
opportunities, sales and revenues are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995 and involve
risks and uncertainties including, without limit, market competition, demand
for the Company's products and services, technological change, dependence upon
suppliers, and other risks described in the Company's Form 10-KSB for the year
ended October 31, 2000.
For further information please contact Terry Bertucci, Public Relations of
iBIZ Technology Corp., +1-623-492-9200, bertucci@ibizcorp.com; or Dan Matsui,
dmatsui@sha-ir.com, or Eugene Heller of Silverman Heller Associates,
+1-310-208-2550, for iBIZ Technology Corp.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X32541178
SOURCE iBIZ Technology Corp.
/CONTACT: Terry Bertucci, Public Relations of iBIZ Technology
Corp.,+1-623-492-9200, bertucci@ibizcorp.com; or Dan Matsui, dmatsui@sha-ir.com,
orEugene Heller of Silverman Heller Associates, +1-310-208-2550, for
iBIZTechnology Corp./
/Web site: http://www.ibizcorp.com /
Aug-06-2001 19:01 GMT
Symbols:
US;IBIZ
Source PRN PR NewsWire
Categories:
NWR/AZ NWR/VA NWI/ARO NWI/CPR NWI/OTC MST/R/US/AZ MST/R/US/VA
MST/I/ARO MST/I/CPM MST/I/MKT
IBIZ, .069 x .07 looking good.
DMNX, sold half for a double, not bad for 45 min. worth of work.
It definitely popped this time, now .08 x .085!
Thanks just grabbed some about 30 min. ago @.045
DMNX up 109%, .063 x .064
WLDI News
World Am Communications, Inc. Receives Order From International Diamond Center
Business Editors
WESTMINSTER, Colo.--(BUSINESS WIRE)--Aug. 6, 2001--World Am
Communications, Inc. (OTCBB:WLDI) announced that Isotec, Inc., its
wholly owned subsidiary, has received an order for one access control
system from the International Diamond Center (IDC).
This is the fourth system that IDC has purchased for different
stores in their retail chain.
Isotec is a developer of the "Transparent Security(TM)" concept.
"Transparent Security(TM)" means any security measure that is
unobtrusive and not noticed by those being monitored. For example, a
metal detection system mounted in ordinary appearing door moulding
that is used to detect persons carrying weapons into a building,
thereby alerting appropriate security personnel, and optionally to
record a photo or video of the event, while allowing security
personnel an opportunity to evaluate and take appropriate action
before the person carrying the unauthorized weapon is alerted to the
fact they have been detected.
Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under the
Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act
of 1934, and are subject to the safe harbor created by those rules.
All statements, other than statements of fact, included in this
release, including, without limitation, statements regarding potential
future plans and objectives of the company, are forward-looking
statements that involve risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those
anticipated in such statements.
--30--tav/dx*
CONTACT: World Am Communications, Inc., Westminster
James H. Alexander, 303/452-0022
KEYWORD: COLORADO
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE MANUFACTURING
RETAIL
SOURCE: World Am Communications, Inc.
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
Aug-06-2001 15:43 GMT
Symbols:
US;WLDI
Source BW Business Wire
Categories:
MST/R/US/CO MST/I/CPM MST/I/ICS MST/I/RTB
Hello all, DMNX up 67% on 250k volume. News expected soon. PNSO 2.52 x 2.57 looking good.
PNSO looking good. 1 MM @2.39, 1 @2.49, 2 @2.50
No problem, my name is Sam. PNSO now 2 x 2.04 Glad to see we're green today.
Larry, that other person that called E Trade about PNSO was probably me! I called yesterday and was basically told the same thing. They were very confused about the split, the shares, etc. I am showing correct symbol and # of shares now. Let's hope for some good news soon.
Glad to hear it wasn't a virus. There have been a lot of web servers getting hit the last few days. I'm sure you guys have taken the necessary precautions to prevent that.
Hey we're back! I didn't get to watch the action on PNSO today except for the last few minutes. We had network problems of our own that I had to take care of. So what happened?
bb, I'm having the same problem. Sometimes having problems just getting the page loaded. There are a lot of servers still being hit by Code Red.
Had to be away this afternoon. PNSO 1.84 x 1.87. WTF?
PNSO, 3.38 x 3.48. Lots of selling today.
Thanks Larry, I have them marked.
I noticed they added PNSA on 6/29 when it was 3 x 7.25! It seems like a very good site. Thanks again.
Thank you very much for the info!
How do you find all these low floaters?
HRNP up 788% ! Are you in?
PNSO, 3.55 x 3.70 :)
I got my shares the day of the split. I show PNOS and PNSO.
http://www.nasdaqtrader.com/dailylist/history/Dividends/di07312001.stm Shows PNOS
http://www.otcbb.com/dailylist/history/bbdl_07312001.stm Shows PNSO
Neither have traded, there is definitely some confusion somewhere.
My ETrade portfolio says PNOS
USXP seems like a big pump to me.
PNOS, .1338 x .1342??
VICI News
Victor Industries Prepares for Transition from Development Stage to Production
Business Editors
MISSOULA, Mont.--(BUSINESS WIRE)--Aug. 1, 2001--Victor Industries
(OTCBB:VICI) has been in the development stage of a revolutionary
new fertilizer for the past year. The Company is meeting with their
patent attorney this week in preparation for filing for patent
protection.
Arrangements have been made to produce the first commercially
produced batch of its proprietary compound. When the patent is filed
VICI will immediately begin shipping sample orders to customers who
have expressed considerable enthusiasm for the new product. Sample
orders will be going to Fortune 500 customers as well as distributors
and other fertilizer companies.
"The hot buzz word around fertilizer companies is slow release
fertilizer, said Penny Sperry, President of VICI. "The compound we
will produce is a demand driven release of the nutrients. When the
level of nutrients in the soil are reduced by plant uptake, our
compound releases them in an ion exchange."
The two main sources of nitrate and phosphate pollution are
fertilizers and large animal feeding operations. By placing the Victor
Industries proprietary compound in the waste stream of the animals the
compound will absorb the ammonia before it degrades to nitrates while
also absorbing the phosphates. What is left behind is fiber and what
we harvest is a demand release fertilizer.
Wide spread adoption of the compound will significantly reduce
pollution from large animal feeding operations while reducing the
leaching of nitrates and phosphates into ground water by commercial
fertilizers.
"I can't think of a larger or more global market than the one our
compound can satisfy," said Rich Leary, Director of Business
Development for Victor Industries. "Anywhere they fertilize or
commercially produce animals our compound solves the problem of
nitrate and phosphate pollution. The dead zone at the mouth of the
Mississippi is a well known manifestation of the problem domestically,
but we have received indications of interest from as far away as New
Zealand. Nitrate and phosphate pollution is a global problem."
The new fertilizer continues working effectively for 1-3 years,
thus reducing the need for multiple fertilizer applications every year
to the same land and because it absorbs 45% of its weight in water and
releases it when the soil begins to dry, less irrigation is required.
Recently the EPA proposed strict new regulations to reduce water
pollution from the large animal feeding operations, affecting nearly
39,000 feed plants nationwide, including dairies, chicken, pig and
turkey farms. The EPA estimates that 128 billion pounds of manure is
generated each year.
This news release 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 factors. These factors could cause operation
results 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 and Exchange Commission.
--30--AMP/se*
CONTACT: Victor Industries, Inc.
Ron Pellett, 406/251-8501
Fax, 406/251-8502
zeolite@micro-mania.net
KEYWORD: MONTANA
INDUSTRY KEYWORD: CHEMICALS/PLASTICS ENVIRONMENT FOODS/BEVERAGES
PRODUCT
SOURCE: Victor Industries, Inc.
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
Aug-01-2001 11:00 GMT
Symbols:
US;VICI
Source BW Business Wire
Categories:
MST/R/US/MT MST/I/CHM MST/I/POL MST/I/FOD MST/S/PDT
USXP News
Universal Express -- USXP -- Commences Execution Steps on $389 Million Judgement
Business Editors
NEW YORK--(BUSINESS WIRE)--Aug. 1, 2001--Universal Express,
Inc.'s (OTC:USXP) General Counsel, Chris Gunderson, announced today
that the Company's attorney Arthur Tifford, has filed executions in
Florida to cover any assets of the defendants in that state covered by
the $389 million judgement received by the Company.
"This is the first step in a series of steps which will be taken
toward collection efforts on the judgement," stated Mr. Gunderson.
Universal (USXP) operates several other subsidiaries in logistics
(Luggage Express(TM)) and International shipping (WorldPost). Its
association of private postal stores (PBC) provides various support
services and numerous other programs to its members.
Visit Universal Express and its subsidiaries on the web at
http://www.usxp.com
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained herein which are not
historical are forward-looking statements that are subject to risks
and uncertainties that could cause actual results to differ materially
from those expressed in the forward-looking statements, including, but
not limited to, certain delays beyond the company's control with
respect to market acceptance of new technologies or products, delays
in testing and evaluation of products, and other risks detailed from
time to time in the Company's filings with the Securities and Exchange
Commission.
--30--eb/ny*
CONTACT: Universal Express, Inc.
Chris Gunderson, 917/639-4157
KEYWORD: NEW YORK
INDUSTRY KEYWORD: LEGAL/LAW TRANSPORTATION
SOURCE: Universal Express, Inc.
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
Aug-01-2001 12:06 GMT
Symbols:
US;USXP
Source BW Business Wire
Categories:
MST/R/US/NY MST/I/LAW MST/I/TRQ
PNOS (PNSA) News
Ponte Nossa Post-Split Shares Assigned New Symbol Business Editors
IRVINE, Calif.--(BUSINESS WIRE)--Aug. 1, 2001--Ponte Nossa
Acquisition Corp. (OTCBB:PNSA) today announced that its stock symbol
will be modified to (OTCBB:PNSO) to reflect new post-split shares.
Shares resulting from the company's 26-1 split that became
effective July 26, 2001 will have the new symbol for clarification and
tracking.
Thomas DiMele, president of Ponte Nossa Acquisition Corp.,
indicated that the symbol reassignment was due to the type of split
transaction that occurred. "The shares are `payable upon surrender'
which means that the original stock is physically turned in and
replaced by the newly issued post-split shares," he explained.
Individual investors can turn in shares, although a brokerage house
generally completes the transaction.
In addition to the recent stock split, Ponte Nossa also just
successfully negotiated the acquisition of Visijet Inc., a privately
held ophthalmic medical device company located in Irvine.
Visijet, founded in 1996, is the developer of an exciting new
technology that uses a high pressure micro beam of water to perform
surgical cuts for ocular procedures -- similarly to how a laser uses
light to dissect tissue. The company's first product, approved by the
FDA in October 2000 is the Hydrokeratome(R), an innovative, patented
device that offers "bladeless" surgery to perform the cutting of the
cornea that is required in LASIK surgery.
LASIK surgery is a procedure growing in popularity that allows
individuals to have corrected visual acuity without glasses or contact
lenses. It is estimated that more than 3 million LASIK surgeries were
performed last year worldwide.
Visijet's second product, the Pulsatome(R), is a device that uses
the waterjet technology to remove cataracts -- the most performed
surgical procedure in the world. The Pulsatome(R) will provide entry
into an estimated $8 billion cataract market worldwide. FDA approval
for the device is anticipated in early 2002. In addition, Visijet has
several ophthalmic devices utilizing the waterjet technology under
development.
The new Ponte Nossa symbol is effective Aug. 1, 2001.
Forward-Looking Statement
Except for historical information contained herein, the matters
discussed in this news release are forward-looking statements within
the meaning of the Securities Exchange Act that involve risks and
uncertainties that could cause actual results to differ materially
from those expressed. These matters include, but are not limited to,
information about the company's technologies and products, financial
situations, or business opportunities. This news release shall not
constitute an offer to sell or the solicitation of an offer to sell
any of these securities.
--30--flb/np* jp/np
CONTACT: Mitchell & Co.
Diane Mitchell (public relations), 949/474-7020
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: MEDICAL MEDICAL DEVICES
SOURCE: Ponte Nossa Acquisition Corp.
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
Aug-01-2001 12:00 GMT
Symbols:
US;PNSA US;PNSO
Source BW Business Wire
Categories:
MST/R/US/CA MST/I/MTC MST/I/MTC
correct, just a symbol change.
PNSA symbol change tomorrow...
us;PNOS NSIN CHANGE to 732462205 eff 01-Aug-01 INSC
Bridge Sequence Number : usINSC3107010014
Issuer Name : Ponte Nossa Acq Corp
Description :
Currency :
SEDOL Number :
CUSIP Number :
ISIN Number :
Bridge Symbol : us;PNOS
Effective Date : 01 Aug 2001
New CUSIP Number : 732462205
Jul-31-2001 19:52 GMT
Symbols:
US;PNSA
Source BROP Bridge Operations General News
Categories:
BRCCUS/NSIN
ECVI (used to be ECVN) has news today...
Encore Ventures, Inc. Announces its Acquisition of the Assets of Six Forty-Nine
Inc.
Business Editors & Health Writers
LAS VEGAS--(BUSINESS WIRE)--July 31, 2001--Encore Ventures Inc.
(OTCBB:ECVI) (name change in progress to "Thinka Weight-Loss
Corporation" ("Thinka"), announces that it has acquired the assets of
Six Forty-Nine Incorporated, a private corporation engaged in the
business of perfecting a dietary supplement together with a diet
program based on the Mediterranean diet of mono unsaturated oils and
fresh vegetables.
Countries in and around the Mediterranean that primarily consume
this diet have seen results in lower incidence of heart disease,
cancer and increased life span for their citizens.
The diet program consists of a liquid dietary supplement taken
twice a day together with a nutritionally sound meal of fish, chicken
and vegetables. We believe this Mediterranean diet avoids the negative
cholesterol and cardiac complications associated with high fat diets.
We believe, with the proper implementation of this diet will produce a
general weight loss, and it can also avoid the negative effects of
large weight loss accompanied by post-diet weight gains.
The Company will be led by its new Chairman/Director, Dr. Louis
Scarrone, who was the original creator, along with his then associate,
Dr. Robert C. Atkins of the world famous low carbohydrate form of
dieting. A sound medical and corporate group also joins Dr. Scarrone
in this endeavour. George Lois, the Vice-Chairman/Director, has been
pre-eminent in the advertising arena for many years. Mr. Lois was
directly responsible for the naming and creation of Stouffers "Lean
Cuisine" product line, which is a successful diet frozen food line. He
was also the creator for the advertising of the "Tommy Hilfiger"
clothing line. Mr. Lois also was responsible for effective media
marketing campaigns with the creation of the "I Want My MTV" slogan,
which catapulted MTV to international fame. Stacey Lauridia,
President/Director, was prominent in the creation and marketing of
"Ultra Herbal Power Slim" with a major celebrity endorser. Stacey
Lauridia brings to the Company a wealth of experience and knowledge in
the dietary/herbal supplement industry. Charles Stein, the Chief
Executive Officer/Director of the Company, was formerly the President
of the Kitchens of Sara Lee, a Division of Kraft Foods. Mr. Stein
became the CEO of Hardwicke Companies Incorporated, which was the
creator and partner in the "Tavern On The Green", (one of the most
successful restaurants located in Central Park, New York.) Mr. Stein
founded and operated the "Great Adventure Amusement Park" in Jackson,
New Jersey.
Clifford Perlman, serves as a Director, and was the former
principal shareholder and Chairman of "Caesars World". Whilst working
in that capacity, he developed hotels/casinos, under the names of
"Caesars Palace" in Las Vegas, Atlantic City, and Lake Tahoe. Daniel
Melnick, a Director, was the former President of Columbia Pictures. He
is the founding Trustee and Member for the "Sundance Film Institute".
During his film career, he produced over 50 films and numerous
television productions. Such films included, "Midnight Express, The
China Syndrome, Kramer vs. Kramer, That's Entertainment" and many
others. Kathleen Whyte, the Secretary/Director, brings to the Company
her corporate knowledge and experience.
The Advisory Board Members of Encore will consist of Dr. Theodore
B. VanItalie, Dr. James L. Goddard and Dr. Robert H. Cox.
Dr. VanItalie was trained at Harvard College and Columbia
University. He was special Advisor to the Surgeon General of the
United States on Human Nutrition. Dr. VanItalie was the founder of the
American Society for Clinical Nutrition. Dr. James Goddard trained at
the Harvard School of Public Health, and was the head of the
Communicable Disease Center in Atlanta. He was the youngest person, at
that time, to hold that post. Dr. James Goddard was also the
Commissioner of the Food and Drugs Administration ("FDA") under HEW
Secretary, John Gardner. Dr. Robert H. Cox completed his training at
the University of Michigan and the University of Toronto. He is
currently the President and Chairman of Robert H. Cox Company, of
Litchfield, CT. who provides technical consulting services to the
chemical processing industry with major emphasis on the FDA regulatory
requirements.
William Iny, the former President/Director and Steven
Bekropoulous, Director have resigned their positions with Encore
Ventures Inc.
ENCORE VENTURES INC.
By: "Stacey Lauridia"
President
This News Release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 (the
"Act"). In particular, when used in the preceding discussion, the
words "plan," "confident that," "believe," "expect," "intend to," and
similar conditional expressions are intended to indemnify
forward-looking statements within the meaning of the Act and are
subject to the safe harbor created by the Act. Such statements are
subject to certain risks and uncertainties, and actual results could
differ materially from those expressed in any forward-looking
statements. Such risks and uncertainties include, but are not limited
to, market conditions, competitive factors, the ability to
successfully complete additional financings, and other risks.
--30--cla/se*
CONTACT: Encore Ventures Inc.
Public Relations, 800/297-4450
KEYWORD: NEVADA
INDUSTRY KEYWORD: FOODS/BEVERAGES MEDICAL MANAGEMENT CHANGES
MERGERS/ACQ
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
Jul-31-2001 13:12 GMT
Symbols:
US;ECVI
Source BW Business Wire
Categories:
MST/R/US/NV MST/I/FOD MST/I/MTC MST/S/PER MST/S/MRG