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Thursday, January 11, 2001 2:43:52 PM
Alottafun! Inc. to Purchase Assets of Emert, Inc.
WEST BEND, Wis., Jan. 11 /PRNewswire/ -- Peter Paril, President of Venture Development, Inc., formerly Alottafun! Inc., (OTC Bulletin Board: ALFN) (Frankfurt: AZE) announced today that Venture Development, Inc. has entered into a definitive contract for the purchase of the equipment, rubber, and specialty grinding divisions of Emert Grinding, Inc., of Somerset, Pa.
The Equipment division manufacturers its own tire shredding equipment, presses for making value added rubber products (such as mats), extrusion equipment, and machines for producing crumb rubber. The Rubber division manufacturers and sells crumb rubber for playground and industrial use. The Specialty grinding group can make and sharpen blades for all types of equipment. Its client base covers the spectrum from small blades for cutting up to Zamboni blades for hockey rink cleaning, and more importantly the various blades used in processing scrap tires.
Mr. Paril stated, "We are very exited to purchase these divisions from Emert. They will help round out our previous announced acquisitions, and help to make us more self sufficient in both the processing and sale of scrap tires. Most importantly, Dave Emert,, President of Emert Grinding, and a very experienced player in the scrap tire industry, has agreed to stay on and become director of these operations.
Alottafun! Inc., now Venture Development Inc., in stride with its new identity and corporate focus, is in the business of acquiring, developing and consolidating revenue generating companies that have profits and assets, or those entities that have a clear plan to achieve significant revenues, profits and assets. The Company continues to seek interesting candidates that will blend with the primary new focus of Venture Development Inc.
Alottafun!, Inc.,(Venture Development Inc.) currently owns and operates a business-to-business (B2B) hub website -- www.MRABA.com -- that provides an array of services to manufacturers and retailers. These services include solutions for logistical and fulfillment processing, in addition to a secured web based system that enables client companies to streamline their operations through order processing, multilevel inventory tracking, and managing customer data.
Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that can cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the various Regulatory Authorities having jurisdiction.
SOURCE Alottafun! Inc.
CO: Alottafun! Inc.; Venture Development, Inc.; Emert Grinding, Inc.
ST: Wisconsin, Pennsylvania
IN: MLM
SU: TNM
01/11/2001 13:03 EST www.prnewswire.com
DISCLAIMER/DISCLOSURE
Lorsin Inc. aka GreedorFear.com is not a Registered Investment Advisor or a Broker/Dealer. All information provided must be understood as information
provided and not investment advice. Lorsin Inc. advises all readers and subscribers to seek advice from a registered professional securities representative before deciding to trade in any companies featured by Lorsin
Inc. or anyone.All statements and expressions are the opinion of the companies featured and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. The accuracy or completeness of the information on this website/email/post is only as reliable as the sources they were obtained from. Lorsin Inc aka GreedorFear.com., its officers, directors, employees or any affiliated
parties make no representation or warranty as to the accuracy of the information provided. All information concerning the companies featured herein should be verified independently with the featured company. Factual
statements are made as of the date stated and are subject to change without notice. Lorsin Inc. is not responsible for any claims made by any company.
The receipt of this publication shall not create, under any circumstances,any implication that there has been no change in the affairs of the company
profiled since the date of review. We do not provide any analysis of the featured company's financial position. Investments in all stocks are generally deemed to be highly speculative and do involve substantial risk, making it appropriate for readers to consult with professional investment advisors and to make independent investigations before acting on information published by Lorsin Inc aka GreedorFear.com.. Investment in stocks could prove to be high-risk investments with the result of loss of part or total principal investment. Please review the S.E.C website at www.sec.gov/ before investing in anything. Lorsin Inc aka GreedorFear.com., its affiliates, officers, directors, subsidiaries and agents (collectively, "Lorsin Inc aka GreedorFear.com .") Has recieved 20,000 Free Trading shares by a third party for a coverage of 60 days starting Nov 27 2000 ending Jan 27 2001. Any and all compensation received from a company is publicly stated. All compensation if any can be found in the disclaimer section for each individual company. This compensation should be viewed as a potential conflict of interest.Furthermore, Lorsin Inc aka GreedorFear.com. or its employees, associates, or affiliates and families may have financial positions in featured companies.
Lorsin Inc. and affiliates may or may not increase or decrease its ownership interest in any featured companies at any time before, during or after
distribution of information. We may profit in the event the shares of the company featured by us increase in value. These positions may be liquidated
from time to time even after we have made positive comments regarding the company. The receipt of this information constitutes your acceptance of these
terms and conditions. SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS Except for historical information contained herein, the statements on this website and newsletter are forward-looking statements that are made pursuant to the safe harbor
provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future periods to differ materially from
forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the companies operations. You can identify these statements by
the fact that they do not relate strictly to historical or current facts.
They use words such as ``anticipate,'' ``estimate,'' ``expect,'' ``project,'' ``intend,'' ``plan,'' ``believe,'' and other words and terms of similar
meaning in connection with any discussion of future operating or financial performance.
WEST BEND, Wis., Jan. 11 /PRNewswire/ -- Peter Paril, President of Venture Development, Inc., formerly Alottafun! Inc., (OTC Bulletin Board: ALFN) (Frankfurt: AZE) announced today that Venture Development, Inc. has entered into a definitive contract for the purchase of the equipment, rubber, and specialty grinding divisions of Emert Grinding, Inc., of Somerset, Pa.
The Equipment division manufacturers its own tire shredding equipment, presses for making value added rubber products (such as mats), extrusion equipment, and machines for producing crumb rubber. The Rubber division manufacturers and sells crumb rubber for playground and industrial use. The Specialty grinding group can make and sharpen blades for all types of equipment. Its client base covers the spectrum from small blades for cutting up to Zamboni blades for hockey rink cleaning, and more importantly the various blades used in processing scrap tires.
Mr. Paril stated, "We are very exited to purchase these divisions from Emert. They will help round out our previous announced acquisitions, and help to make us more self sufficient in both the processing and sale of scrap tires. Most importantly, Dave Emert,, President of Emert Grinding, and a very experienced player in the scrap tire industry, has agreed to stay on and become director of these operations.
Alottafun! Inc., now Venture Development Inc., in stride with its new identity and corporate focus, is in the business of acquiring, developing and consolidating revenue generating companies that have profits and assets, or those entities that have a clear plan to achieve significant revenues, profits and assets. The Company continues to seek interesting candidates that will blend with the primary new focus of Venture Development Inc.
Alottafun!, Inc.,(Venture Development Inc.) currently owns and operates a business-to-business (B2B) hub website -- www.MRABA.com -- that provides an array of services to manufacturers and retailers. These services include solutions for logistical and fulfillment processing, in addition to a secured web based system that enables client companies to streamline their operations through order processing, multilevel inventory tracking, and managing customer data.
Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that can cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the various Regulatory Authorities having jurisdiction.
SOURCE Alottafun! Inc.
CO: Alottafun! Inc.; Venture Development, Inc.; Emert Grinding, Inc.
ST: Wisconsin, Pennsylvania
IN: MLM
SU: TNM
01/11/2001 13:03 EST www.prnewswire.com
DISCLAIMER/DISCLOSURE
Lorsin Inc. aka GreedorFear.com is not a Registered Investment Advisor or a Broker/Dealer. All information provided must be understood as information
provided and not investment advice. Lorsin Inc. advises all readers and subscribers to seek advice from a registered professional securities representative before deciding to trade in any companies featured by Lorsin
Inc. or anyone.All statements and expressions are the opinion of the companies featured and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. The accuracy or completeness of the information on this website/email/post is only as reliable as the sources they were obtained from. Lorsin Inc aka GreedorFear.com., its officers, directors, employees or any affiliated
parties make no representation or warranty as to the accuracy of the information provided. All information concerning the companies featured herein should be verified independently with the featured company. Factual
statements are made as of the date stated and are subject to change without notice. Lorsin Inc. is not responsible for any claims made by any company.
The receipt of this publication shall not create, under any circumstances,any implication that there has been no change in the affairs of the company
profiled since the date of review. We do not provide any analysis of the featured company's financial position. Investments in all stocks are generally deemed to be highly speculative and do involve substantial risk, making it appropriate for readers to consult with professional investment advisors and to make independent investigations before acting on information published by Lorsin Inc aka GreedorFear.com.. Investment in stocks could prove to be high-risk investments with the result of loss of part or total principal investment. Please review the S.E.C website at www.sec.gov/ before investing in anything. Lorsin Inc aka GreedorFear.com., its affiliates, officers, directors, subsidiaries and agents (collectively, "Lorsin Inc aka GreedorFear.com .") Has recieved 20,000 Free Trading shares by a third party for a coverage of 60 days starting Nov 27 2000 ending Jan 27 2001. Any and all compensation received from a company is publicly stated. All compensation if any can be found in the disclaimer section for each individual company. This compensation should be viewed as a potential conflict of interest.Furthermore, Lorsin Inc aka GreedorFear.com. or its employees, associates, or affiliates and families may have financial positions in featured companies.
Lorsin Inc. and affiliates may or may not increase or decrease its ownership interest in any featured companies at any time before, during or after
distribution of information. We may profit in the event the shares of the company featured by us increase in value. These positions may be liquidated
from time to time even after we have made positive comments regarding the company. The receipt of this information constitutes your acceptance of these
terms and conditions. SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS Except for historical information contained herein, the statements on this website and newsletter are forward-looking statements that are made pursuant to the safe harbor
provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future periods to differ materially from
forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the companies operations. You can identify these statements by
the fact that they do not relate strictly to historical or current facts.
They use words such as ``anticipate,'' ``estimate,'' ``expect,'' ``project,'' ``intend,'' ``plan,'' ``believe,'' and other words and terms of similar
meaning in connection with any discussion of future operating or financial performance.
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