RRUN has some Insider buys (3) One is 1.6M other two minor
and one sell 337k OS 58M cap $261.9k Revs N/A
RRUN Ventures Network Inc. Updates Shareholders on Pending Acquisition
6/10/2003 11:46:43 AM
VANCOUVER, BC, Jun. 10, 2003 (MARKET WIRE via COMTEX) -- RRUN Ventures Network Inc. (OTC BB: RRUN) is pleased to report that management have made significant progress in it's quest to acquire the Sequel Nightclub & Lounge, (Letter of Intent previously announced September 4, 2002).
Ray Hawkins, President & CEO of RRUN Ventures Network Inc., reports: "We are confident in reaching a successful closing of the Company's first major asset and revenue producing acquisition imminently. Progressive meetings have been held in Toronto, location of the Sequel, and in Vancouver with the advisors and professional team of both parties. Due diligence has been positive and financing arrangements are presently being secured."
ABOUT RRUN VENTURES NETWORK INC.
The core business of RRUN Ventures Network Inc. is the development of entertainment entities, specifically; Liquor Licensed Entertainment Establishments (namely nightclubs) and Live Entertainment (concerts, special events). The Company is progressing diligently with the implementation of its new business plan and is having discussions with previously announced partners and potential new partners to enable full execution of its entertainment oriented business plan. RRUN is currently planning a name change to LIVESTAR Entertainment Group, Inc. and subsequent symbol change to better reflect its business direction.
Pennies not a zero sum game as much as some zero game.
