And Nobody Cares! What a Clueless CEO!
VentureNet Capital Group, Inc. to Acquire an Equity Stake in Blaze Energy Drink
Tuesday December 13, 8:43 am ET
TEMECULA, Calif.--(BUSINESS WIRE)--Dec. 13, 2005--VentureNet Capital Group, Inc. (Pink Sheets:VNTN - News) announced today that it is negotiating to acquire an equity stake in Blaze Energy Drink.
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Blaze Energy Drink is the new cutting edge of the energy drink market, positioned exclusively to service nightclubs, bars and other establishments that pour drinks using a fountain gun (commonly referred to as bag-in-a-box).
Blaze Energy Drink uses the same quality ingredients found in the market leaders in the energy drink category, but with a substantial cost savings to the customer.
Blaze Energy Drink is currently in 33 locations in the Chicago area, southern Wisconsin, northern Illinois, northwestern Indiana, South Bend, Indiana area and Iowa City, Iowa. Future locations for distribution include: Las Vegas, Nevada; South Beach, Florida; and Phoenix, Arizona.
Current year-to-date sales are $75,000.00 and 2006 sales projections are forecast to be $780,000.00 on the sale of 12,000 boxes.
About VNTN
VentureNet Capital Group, Inc. is a management company that provides marketing and consulting services to public companies. Our clients are offered expertise in areas such as promotional, publicity, sales promotions and management consulting. We specialize in helping with funding public businesses that represent emerging growth opportunities as well as established companies that demonstrate potential for long-term capital growth.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, further events or otherwise.
Contact:
VentureNet Capital Group, Inc.
Michael Brette, 951-236-8473
www.vntrnet.com
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Source: VentureNet Capital Group, Inc.
