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Jupiter Global Holdings, Corp. Announces Signing of 1.5 Million Financing Agreement for Acquisition Funding and Working Capital
Wednesday March 9, 9:50 am ET
LAS VEGAS, NV--(MARKET WIRE)--Mar 9, 2005 -- Jupiter Global Holdings, Corp. ("JUPITER" or the "Company") (OTC BB:JPHC.OB - News) announced today that it has entered into an agreement with a private investor to provide up to $1,500,000 in debt or equity financing to aid in the Company's funding of its current and future acquisitions and for general working capital. $100,000 of the financing has been received currently.
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The financing agreement is structured whereby any equity investment will result in the issuance of restricted shares for the investor and any of the financing received as debt will be structured as a long-term loan with a reasonable interest rate and reasonable non-toxic convertibility rights. The financing is not an equity line of credit or a convertible debenture. There is enough flexibility in the financing agreement to allow for the Company to receive all of the financing as loans, giving JUPITER or the acquisitions time to repay those loans so there may be minimal dilution to existing or future shareholders. The Company will be able to access the financing upon the achievement of certain milestones and/or upon JUPITER's acquisitions achieving certain milestones.
Ray Hawkins, CEO of JUPITER, commented: "We are very excited to share with our shareholders the confidence in our business plan that has been shown by this investor. Closing and growing our acquisitions is now readily accessible and we feel confident in achieving the milestone oriented criteria of the investor."
ABOUT JUPITER GLOBAL HOLDINGS, CORP.
JUPITER Global Holdings, Corp. is a holding company with interests and developments in a diverse number of growing industries such as the VoIP telecom industry, promotional marketing industry and entertainment industry. JUPITER plans to achieve a leadership position through the building of a synergistic network of innovative, profitable and global businesses.
Statements contained herein that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. JUPITER Global Holdings Corp. intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause JUPITER Global Holdings Corp. actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in JUPITER Global Holdings Corp. applicable public filings on record with the Securities and Exchange Commission which can be viewed at its website at http://www.sec.gov
Please visit our website: www.jupiterglobal.net
Contact:
For more information please contact:
Jupiter Global Shareholder Services
Phone: 1.800.963.6532
Email Address: jphc@4fls.com
--------------------------------------------------------------------------------
Source: JUPITER Global Holdings, Corp.
market.
no rpt, that flyer actually worked, went from 2.50 since you mentioned this morning to 14.00, great eh? Joking :). Take a look, I edited.
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rpt ISHM chart
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you're wrong, I'm in my 20's. Big band, one of my favourites, it's call Classic.
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JYSR .78 x .81 up 20%
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Dogs, no wayyyyy, these are some awesome picks Susan.
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unbelievable!!!!!!!!!!!!!!!! Must go and tuck the girls in, I would love to talk to you Susan, chat, talk, whatever, I must learn from you, I must seek the wisdom here, I would be extremely silly if I did not pursue you any further. I humbly ask you, Susan, can you please teach me your tactics? I will devote whatever time necessary to learn. Thank you, have a great night.
Boaz.
DNI.V another one that has faired extremely well since you last picked. Is there anybody out there listening to any of our posts? They are crazy. I glance at your posts but have never "DD'd" them. I'm sorry, if I sound to mesmerized, but you are awesome at these picks.
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Susan,
where can I get a chart like this to view Canadian stock, this stock has done extremely well since you posted, I think I'm going to be up all night going through your stocks.
Thank you.
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IGTN pink chart.
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ETIG thank you pdc.
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ronpopeil,
holding enough, but will buy more as it starts up. Not sure how to answer the goal question.
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I know ronpopeil, a great little stock.
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Shark you need to reply to one of Olico's posts so he can see the message you've sent him.
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UCHB chart
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veteran, your MYRG waking up.
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MYRG pink volume alert
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really nice Fastball, well done.
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LMMG .09 x .095 chart
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BIPH 1.98 x 1.99
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PAII chart
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Fastball, thank you for the quick scans.
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Nate, you're slipping man, wake up.
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iamliquid, how was your day? I'm imagining a lot of long days for you, do you miss being on the boards? I know I sure miss your pink calls.
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yep, Lowe should help, but not sure if Drew can replace Beltre's bat or defense actually.
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EMXC chart great call Bob, are you in? I see next resistence around .40 others, please feel free to confirm that.
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Bob, I'm doing great, thank you for asking. Been a bit busy lately with work, but overall, things are great. ASNI is always good to you Bob. I'm glad you're all out, I'm thinking it's dip time again, I'll definitely start monitoring again around .04 area.
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CBZJ chart heck of a call Fastball, with ya on this. We just need more volume.
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Bob, how ya doin? Keeping us from fires I'm sure, look forward to chatting with you soon, how'd ya make out on ASNI? Let me know when it's time to load up again.
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pfl26, welcome to PennyShac, and thank you for choosing to post here. Here's the chart on LMMG, a great pick, finishing at high of day and past the 200DMA of .08 a really nice pick for sure.
Look forward to hearing more from you.
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ALTX chart nice pick veteran98
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PCLL chart nice pick.
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nostinkinc, a Dodger fan? How do you think they'll fair this season without Beltre?
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delphi23, wanted to see how you were doing, haven't heard from you for a while? Here's your MUCL chart.
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SKVI .14 x .15 definitely needs more volume.
55 million O/S.
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NAWL .01 x .013 please watch the volume on this, it can really be sporadic.
115 million O/S.
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JYSR .62 x .65
23 million O/S.
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BWDI chart
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BIPH chart
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SMTR chart
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