No wonder it tanked, butthole insiders were selling off bigtime. I almost came to play at .10 cents phew!!!
Thursday April 26, 9:11 am Eastern Time
Press Release
SUMmedia.com Announces Canadian Subsidiary Seeks
Protection From Creditors
DENVER--(BUSINESS WIRE)--April 26, 2001--SUMmedia.com Inc. (OTCBB:ISUM - news) announced today that its
Canadian subsidiary, SUM Media Corp., filed a Notice of Intention To Make a Proposal to its creditors under Section 50.4(1)
of the Bankruptcy and Insolvency Act.
The firm of Ernst & Young Inc. has been appointed to act as trustee under the proposal.
About SUMmedia.com Inc.
Founded in 1999, SUMmedia develops Web-based and wireless marketing solutions through its Content Management
Applications and Services Provider (ASP) Program. SUMmedia remains a fully reporting issuer on the NASD
Over-The-Counter Bulletin Board.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of
1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections,
objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward-looking
statements. Forward-looking statements are based on expectations, estimates and projections at the time the statements are
made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those
presently anticipated.
Contact:
SUMmedia.com Inc.
Don Ryder
don@summedia.com
604/605-0901
877/605-0901
With trading you must conquer your emotions and be very disciplined about your goals.
