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OptionMonster

09/11/08 2:39 PM

#76 RE: stocksniperz #75

This is what got cancelled>>>

ValueRich Announces Marketing and Technology Agreement with Full-Service Broker Dealer Syndicated Capital and Terminates Stock P




ValueRich, Inc. (AMEX:IVA), and Starlight Investments, LLC have terminated their Stock Purchase Agreement effective immediately. The parties, however, plan to explore other strategic business alliances in the future.

On August 21, 2008, ValueRich entered into a Marketing and Technology Agreement with Syndicated Capital, a full service broker dealer. Syndicated Capital will provide an array of full-service brokerage services including but not limited to, an online trading platform, respective clearing services, trading services, back office support, administration, compliance and customer support. Syndicated Capital will be providing the online trading platform and related services through their clearing agent, Pershing LLC.

Joseph Visconti, CEO of ValueRich stated, “Our relationship with Syndicated Capital will allow ValueRich to use its marketing and technology platform to assist companies in raising capital, going public and attracting shareholders. By leveraging our technology, the ValueRich brand asset and our network of qualified professionals with Syndicated Capital’s innovative online banking platform, we are hoping to change the way small-cap funding is accomplished.” About ValueRich, ValueRich, Inc. operates various online and offline media-based properties for corporate and financial professionals, including ValueRich magazine and the industry-wide online financial community iValueRich.com. The Company's corporate mission is to create an active community of financial professionals and micro-cap public company executives through its integrated portfolio of products and services.


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OptionMonster

09/11/08 2:40 PM

#77 RE: stocksniperz #75

This is still in play>>I see nothing stopping this>>

ValueRich, Inc. Announces Results of Operations for Second Quarter 2008 and Stock Buyback Program

ValueRich, Inc. (AMEX:IVA), a diversified financial media company, today announced the results of its operations for the three- and six-month periods ended June 30, 2008.

Net Loss for the quarter ended June 30, 2008 decreased to approximately $(190,000) from $(421,769) for the same period ended June 30, 2007. The decreased loss was primarily a result of a decrease in operating expenses and to a lesser extent professional fees resulting from a revision of the financial expo line of business and shifting ValueRich magazine to an online publication. Due to the overall market conditions and current economic environment ValueRich, Inc. generated no revenue for the three months ended June 30, 2008.

ValueRich also announced today that its board of directors has authorized the repurchase of up to $400,000 of ValueRich (AMEX:IVA) common stock. Shares may be repurchased under the program from time to time in the open market, in privately negotiated transactions or in other ways. ValueRich will decide on purchases based on market conditions and other relevant considerations.

“We believe the current valuation of ValueRich common shares makes the repurchase of our equity a solid investment for the company and will be accretive to shareholder value,” said Joseph Visconti, President and CEO of ValueRich, Inc.