V-Net Beverage, Inc. Changes Name to RushNet, Inc.
Friday July 1, 2:09 pm ET
BLUE ISLAND, Ill.--(BUSINESS WIRE)--July 1, 2005--The Board of Directors of V-Net Beverage, Inc. (Pink Sheets: VNTB - News), a Nevada Corporation, announced today it has approved a name change amendment to its Articles of Incorporation. To wit, V-Net Beverage, Inc. is renamed RushNet, Inc.
The new CUSIP number for RushNet, Inc. is 782074 10 8.
A new pink sheet stock trading symbol will soon be announced.
These changes will be automatically applied for stockholders who hold shares of V-Net Beverage, Inc. in "street name" in their brokerage accounts.
However, stockholders holding physical share certificates of V-Net Beverage, Inc. and/or its precursor companies will be contacted in writing by the transfer agent. The transfer agent will explain the process by which said share certificates can be exchanged for new share certificates of RushNet, Inc., signed by the president Robert J. Corr.
Said Robert Corr, "Our new name RushNet, Inc. reflects the company's close relationship with the well-known Rush brands and the intended integration of non-beverage items into our beverage product mix. The new name better serves us as we expand product lines, extend our national marketing reach and build innovative models of delivery fulfillment."
Corr also underscored momentous progress made in the establishment of key distribution and sales channels and alerted shareholders to an important update in this regard directly following Independence Day, July 4th 2005.
Finally, Corr urged ALL stockholders to request physical delivery of their shares.
Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
Contact:
RushNet Beverage, Inc.
Robert Corr, 708-389-6625
Source: RushNet Beverag
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