Oh Lord, you've opened a can of worms there, my opinion is from the start it was a major snowjob by the insiders.IMO From the beginning it was designed by the insiders to put out a lot of fluff PR's to create a buying frenzy that they could sell into. They have finally filed to give us the shares but when the deal was first announced ENNT was trading around 10.00 a share, we now sit at .15 X .20 Even if I do get the shares I don't plan on selling them as I feel once they are issued there will be such a selling rush by other investors that it won't be worth my time to even put in a sell order, to hell with them LOL, I want the SEC to shut them down along with EMBI.My sastifaction will be in helping the SEC to start an investigation if I can. I've been keeping a file of this saga and will turn it over to the SEC. Here's some of what I have:
Numerous post on Raging Bull shows clearly that there was always "news leaks" and I wouldn't be suprised if some of these posters were actually from the company, IMO, Note Johnnys post her, he called the company he says "last week" made a post on the 18th, he had knowledge of an 8K before it was filed and the list goes on and on. Scam.
By:Johnny_Dequino$$$ Reply To: 883 by techmanj Tuesday, 18 Jan 2000 at 11:22 PM EST Post # of 7171
I called the company last week:
I was told numbers would be filed (They were) and this week they will be filing an 8-K. (Form for extraordinary events for the non-investment savy like techmanj) I was told to expect some "nice" things to come out of the 8-K. Also, after the 8-K is filed, I was told more news is coming. Looks like the longs will soon be rewarded for their patience. I hope you all took time to average down.
Johnny Dequino
January 20, 2000 09:06 AM COSTA MESA, Calif., Jan. 20 /PRNewswire/ -- James E. Shipley, President and CEO of EMB Corporation EMBU , announced today that the company has agreed to sell specific assets of EMB Corporation to e-Net Financial Corporation ENNT for shares of e-Net common stock, which will be registered with the S.E.C., and additional cash consideration. Michael P. Roth, President and CEO of e-Net said, "e-Net has agreed to purchase from EMB Corporation its mortgage and real estate subsidiaries, which include American Residential Funding, Inc., Residential Mortgage Corporation and Bravo Real Estate, Inc. In addition, the agreement calls for e-Net to acquire the rights of EMB Corporation to purchase Titus Asset Management pursuant to an existing letter of intent between EMB and Titus. For an interim period until a registration statement has been filed by e-Net and become effective and a successful underwriting has been completed, a joint management team, consisting of James E. Shipley, Vincent Rinehart, President of American Residential Mortgage, Inc., and Residential Mortgage Corporation, and me, has been selected to operate and manage e-Net and the subsidiaries being acquired by e-Net." Mr. Roth added, "The best way to grow our technology and Internet-based mortgage company is through mergers and acquisitions, with the EMB transaction being the first."
Mr. Shipley said, "We have been actively seeking a publicly-trading company to acquire our real estate and financial services subsidiaries and e-Net was the best choice. When the transaction is completed, following satisfaction of standard closing conditions and a successful registration statement and underwriting by e-Net, EMB contemplates making a distribution of the e-Net common stock that it receives to its shareholders."
Mr. Shipley went on to say, "We believe that, when the transaction is consummated, e-Net can take our interactive video conferencing technology, processing and underwriting software technology and Internet-focused companies and pursue the expanding e-commerce business. We expect that the e-Net transaction, when complete, will give value to the EMB shareholders and will allow EMB to concentrate its activities on the development of its other assets, including the mineral and water rights associated with the real property owned by EMB, which is located in Monterey County, California.
A number of statements contained in this report are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the Securities and Exchange Commission, including its 1998 Form 10-KSB. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.
EMB Corporation Buys Producing Oil & Gas Properties COSTA MESA, Calif., Feb. 3 /PRNewswire/ -- James E. Shipley, President and CEO of EMB Corporation (OTC Bulletin Board: EMBU - news) announced today that EMB has acquired a combination of non-operated working and royalty interests in 71 producing oil and gas wells located in the State of Oklahoma. The wells have been in production for at least 8 years. The acquisition of the properties is the result of the acquisition by EMB of all of the capital stock of Titus Real Estate Corporation. Terms of the transaction were not disclosed.
Mr. Shipley, President of EMB said, ``The acquisition of these producing oil and gas properties is a first for EMB. Based upon today's oil prices, the production history of the wells and reserve reports which were disclosed to us, we project receiving between $5,000 and $10,000 per month in net income for a minimum of 8-10 years. It is the intent of EMB to continue to fulfill our commitment to move in the direction of turning EMB into a natural resources development company.''
Mr. Shipley went on to say, ``The recent announcement of a pending 3 for 2 forward split by e-Net Financial Corporation will also equivalently affect the number of shares to be received by EMB upon the closing of the e-Net and EMB transaction which was disclosed in a press release dated January 20, 2000.''
It should be noted that Titus Real Estate Corporation, the acquisition of which is announced in this press release, is a separate company from Titus Real Estate, LLC, the pending acquisition of which was recently announced by e-Net Financial Corporation. The two transactions are separate and distinct.
PR next Tuesday. U get 1 share of ENNT for 4 shares of EMBU. Good luck. Wed. Feb.23 EMB Corporation Listed on the Berlin Exchange
COSTA MESA, Calif., March 6 /PRNewswire/ -- James E. Shipley, President and CEO of EMB Corporation (OTC Bulletin Board: EMBU - news) announced today that its Common Stock is trading on the Berlin Stock Exchange under the symbol EMBU.be and has been assigned the German Securities Code (Wertpapierkennumer) 919810. To access updated quotes on the Berlin exchange through the Internet click on the URL: <http://money.berlinerboerse.de/KURSINFO/AKT_FV/FA1170.html>
James E. Shipley, President and CEO of EMB said, ``Listing EMB on the Berlin Exchange gives us the presence to expand our business to the European markets while permitting European Investors greater access and flexibility in trading EMB stock.''
Mr. Shipley went on to say, ``As previously announced, the sale of certain assets to e-Net Financial.Com Corporation is for cash and stock. The EMB shareholders will receive 1 share of e-Net Financial.Com common stock for each 4 shares of EMB common stock they hold at the time of closing of the transaction. At such time as the e-Net Financial.Com Corporation's registration statement has been completed, filed, and declared effective by the Securities and Exchange Commission, the appropriate number of fully registered e-Net shares will be issued directly to the EMB shareholders of record at that time. Information concerning the transaction has been and will continue to be filed with the SEC, and interested parties can obtain more information at the Internet site, <http://www.Edgar-online.com>
A number of statements contained in this report are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the Securities and Exchange Commission, including its 1998 Form 10-KSB. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.
SOURCE: EMB Corporation http://ragingbull.lycos.com/mboard/boards.cgi?board=EMBU&read=1438 News should be out next week! Accumulating for the big bang next week. Rumor is that the "DOR" will be mid April or earlier(IMHO). Much more happening here and we should know in couple of week. My 2 weeks target $4(IMHO). Good luck.
errada, expected big news very shorty. ENNT has taken care of EMBU shareholders. DOR should be announced this week. Good luck.
COSTA MESA, Calif., Mar 15, 2000 /PRNewswire via COMTEX/ -
- James E. Shipley, President and CEO of EMB Corporation (OTC Bulletin Board: EMBU) announced today that the Company will be filing a Form 10-KSB/A in order to regain compliance with the SEC reporting requirements.
Mr. Shipley said, "We acknowledge that effective Monday, March 13, 2000, the symbol of the Company was changed to "EMBUE" to reflect current non-compliance with the SEC requirements for reporting companies. It appears that the Company's Form 10-KSB, which was filed in January 2000, was incomplete as Edgarized and filed. However, management of the Company is confident that the Company will, again, be fully compliant with the SEC reporting requirements well in advance of the NASD-mandated deadline, following filing of the Form 10-KSB/A." e-Net Financial.Com Enters Into Agreement For Premium Financing With Major
Mr. Roth said, "e-Net Financial.Com Corporation has entered into its first financing arrangement that is a premium to the market. Our agreement with Jupiter Asset Management provides for the issuance of 275,000 shares of e-Net common stock, which will be restricted securities bearing the legend provided for in Rule 144. The stock will be sold, at a premium to the market, not at a discount, with warrants attached. The terms of the agreement provide for registration rights covering the 144 stock and the warrants in the next registration statement to be filed by the Company. Also, Jupiter Asset Management has expressed interest in providing additional capital financing for the Company."
Mr. Roth went on to say, "With this financing we plan to immediately move forward to consummate our transaction with EMB Corporation. We intend to close the transaction with payment to EMB of the cash portion of the purchase price. The stock portion of the acquisition price, will be consummated upon the effectiveness of the registration statement which e-Net will be filing with the SEC in the very near future."
A number of statements contained in this report are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the Securities and Exchange Commission, including its 1998 and Form 10-KSB. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.
SOURCE e-Net Financial.Com Corporation
Thursday April 13, 12:05 am Eastern Time Company Press Release SOURCE: e-Net Financial.Com Corporation
e-Net Financial.Com Announces Completion of $2 Million Private Placement And Completion of Purchase of Certain Assets of EMB Corporation
COSTA MESA, Calif., April 13 /PRNewswire/ -- Michael Roth, of e-Net Financial.Com Corporation (OTC Bulletin Board: ENNT - news; CUSIP # 26874T 10 4) (Berlin Exchange: <http://money.berlinerboerse.de/cgi-bin/such.cgi?such=925558)> announced today that the company has completed $2,000,000 of its financing.
Mr. Roth said, ``e-Net Financial.Com has completed a portion of its financing in the amount of $2,000,000. The balance of the financing is committed and our attorneys are processing the necessary paperwork. We are very pleased that the Company's business plan is being realized as rapidly as it possibly can be. As of today, e-Net Financial.Com now officially owns American Residential Funding Inc., and Bravo Real Estate Inc. EMB has received certain funds, a short-term promissory note for the balance of the purchase price, and escrowed shares of common stock of e-Net.''
Mr. Roth went on to say, ``At a Board of Directors meeting held yesterday, April 12, 2000, two new members were elected to the Board, Vince Rinehart, and James E. Shipley. Mr. Rinehart was also elected as the new President of e-Net effective today, and Mr. Shipley was elected as the new Chairman and CEO of the Company.
At the present time, Mr. Shipley is the President, Chairman, and CEO of EMB Corporation and has been since 1996. Mr. Shipley holds a BS Degree from Eastern Illinois University, and was instrumental in EMB being nominated by Intel Corporation, and receiving the Computerworld Smithsonian Award in 1998, for recognition of Visionary Use of Information Technology in the field of Finance, Insurance, and Real Estate.
Mr. Rinehart is also the President of American Residential Funding, Inc., and has been since 1997. He is a graduate of California State University, Long Beach, with a BA degree in business. He is a licensed California Real Estate Broker, a member of the Mortgage Bankers Association, the California Association of Realtors, and the Western Pension Conference. He has received special commendations for service to the community from the California State Legislature, City of Long Beach, and received the Distinguished Service Award from the Long Beach JC's.
We look forward to having both Mr. Shipley and Mr. Rinehart on board with us at e-Net.''
Persons interested in e-Net Financial.Com Corporation are encouraged to verify information they may receive about the Company from others, by contacting the Company in writing to: Investor Relations Department, e-Net Financial.Com Corporation, Attention Rick Jarnat, 3200 Bristol St., Costa Mesa, CA 92626.
A number of statements contained in this Report are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission, including its 1997, 1998 and 1999 form 10-KSB (CIK #0000926844). (<http://www.sec.gov/cgi-bin/srch-edgar?0000926844)> The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
SOURCE: e-Net Financial.Com Corporation
Thursday April 13, 12:05 am Eastern Time Company Press Release SOURCE: EMB Corporation
EMB Corporation Completes Sale of Certain Assets To e-Net Financial.Com Corporation
COSTA MESA, Calif., April 13 /PRNewswire/ -- James E. Shipley, President and CEO of EMB Corporation (OTC Bulletin Board: EMBU - news; Berlin, Frankfurt, and Hamburg Exchanges <http://finanzen.de.yahoo.com/q?m=*&s=919810&d=v1> ) announced today that the Company has completed the sale of certain assets to e-Net Financial.Com Corporation (OTC Bulletin Board: ENNT - news).
Mr. Shipley, President of EMB said, ``As of today, American Residential Funding Inc., and Bravo Real Estate Inc. now officially belong to e-Net Financial.Com Corporation. As of closing EMB Corporation received certain funds, a short-term promissory note for the balance of the purchase price, to be paid from the proceeds of the financings presently being completed by e-Net, and shares of common stock of e-Net.'' Mr. Shipley went on to say, ``Upon the effectiveness of a registration statement to be filed by e-Net, the e-Net common stock will be the subject of a dividend to the EMB shareholders of record as of the close of business May 31, 2000. Each EMB shareholder of record on that date will receive one share of e-Net common stock for each 4 shares of EMB Corporation's common stock.''
Persons interested in EMB Corporation are encouraged to verify information they may receive from others about the Company, by contacting the Company in writing to: Investor Relations, EMB Corporation, 3200 Bristol, 8th Floor, Costa Mesa, CA 92626.--- Phone # (714) 437-0738
A number of statements contained in this report are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the Securities and Exchange Commission, including its 1998 Form 10-KSB, and the 1999 Form 10-KSB/A. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.
SOURCE: EMB Corporation
COSTA MESA, Calif., May 17 /PRNewswire/ -- James E. Shipley, CEO of e-Net Financial.Com Corporation (OTC Bulletin Board: ENNT) (Berlin Exchange: <http://money.berlinerboerse.de/cgi-bin/such.cgi?such925558> ) (Frankfurt Exchange: <http://finanzen.de.yahoo.com/q?m*&s925558&dv1> ), an on-line financial services company, announced today that a fund managed by Jupiter Asset Management Ltd. has acquired a stake in e-Net for $2 million. The proceeds will be used for working capital, general corporate purposes, and further retirement of debt incurred in connection with the acquisition of EMB assets announced earlier.
Mr. Shipley said, "Jupiter Asset Management Ltd., manages over $21 billion around the world. Attracting investment from this type of financial institution and venture capital firm is a strong validation of our business model, market opportunity, and leadership."
Shipley went on to say, "This financing is also a milestone on our path to profitability and will help e-Net's penetration into both the business to business on-line markets and the consumer lending markets."
Mr. Shipley continued, "This brings the total of cash raised to $4 million in the last two months. It places e-Net in a very strong financial position."
e-Net Financial Corporation is a company engaged in the business of providing commercial and residential real estate financial services through both conventional methods as well as through e-commerce via the Internet and private line communication facilities. Persons interested in e-Net Financial.Com Corporation are encouraged to verify information they may receive about the Company from others, by contacting the Company at (714) 557-2222 or in writing to: Investor Relations Department, e-Net Financial.Com Corporation, Attention Rick Jarnat, 3200 Bristol St., Costa Mesa, CA 92626.
A number of statements contained in this Report are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission, including its 1997, 1998 and 1999 form 10-KSB (CIK 0000926844), (<http://www.sec.gov/cgi-bin/srch-edgar?0000926844> ). The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. SOURCE e-Net Financial.Com Corporation -0- 05/17/2000
May 17, 2000 12:05 AM Eastern Time COSTA MESA, Calif., May 17 /PRNewswire/ -- James E. Shipley, President and CEO of EMB Corporation EMBU (Berlin, Frankfurt, and Hamburg Exchanges <http://finanzen.de.yahoo.com/q?m=*&s=919810&d=v1> ) announced today that the Company has received an additional $1.4 million dollars from e-Net Financial.Com Corporation as payment for the retirement of the short term note due EMB by e-Net for the purchase of certain assets. Mr. Shipley, President of EMB said, "The receipt of an additional $1.4 million dollars from e-Net as payment on their note to EMB Corporation will leave a balance due of approximately $1 million dollars for the purchase of American Residential Funding, and Bravo Real Estate. The closing of that transaction, which was previously announced, took place on April 13, 2000 and shares of e-Net common stock was issued." Mr. Shipley went on to say, "Upon the effectiveness of a registration statement to be filed by e-Net, the e-Net common stock will be the subject of a dividend to the EMB shareholders of record as of the close of business May 31, 2000. Each EMB shareholder of record on that date will receive one share of e-Net common stock for each 4 shares of EMB Corporation's common stock."
Persons interested in EMB Corporation are encouraged to verify information they may receive from others about the Company by contacting the Company in writing to: Investor Relations, EMB Corporation, 3200 Bristol, 8th Floor, Costa Mesa, CA 92626.
A number of statements contained in this report are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the Securities and Exchange Commission, including its 1998 Form 10-KSB, and the 1999 Form 10-KSB/A. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.
SOURCE EMB Corporation http://ragingbull.lycos.com/mboard/boards.cgi?board=EMBU&read=3671I will repeat again.Embu will release news of their new business around d-day to support stock price.I suggest everybody call Mr. Shipley and talk to him!He cant come out and tell everything but you will get the gest!
COSTA MESA, Calif., May 25 /PRNewswire/ -- James E. Shipley, President and CEO of EMB Corporation (OTC Bulletin Board: EMBU) (Berlin, Frankfurt, and Hamburg Exchanges <http://finanzen.de.yahoo.com/q?m=*&s=919810&d=v1> ) announced today that the company entered into a letter of intent to acquire natural gas processing plants located in Kentucky and Tennessee from Cyrus Ltd.
James E. Shipley, President and CEO of EMB said, "Cyrus Ltd. is an oil and gas holding company that owns and operates natural gas processing plants, as well as contracts and options on oil and gas properties located in Texas and surrounding area. The closing of this transaction is subject to the execution of a definitive agreement by all parties," Mr. Shipley went on to say. "Upon closing of this transaction, present management of EMB is currently scheduled to resign, to be replaced by management of Cyrus Ltd. As previously announced, upon the effectiveness of a registration statement to be filed by e-Net, the e-Net common stock will be the subject of a dividend to the EMB shareholders of record as of the close of business May 31, 2000. Each EMB shareholder of record on that date will receive one share of e-Net common stock for each 4 shares of EMB Corporation's common stock. This transaction is not expected to have any effect upon the dividend distribution."
Persons interested in e-Net Financial Corporation are encouraged to verify information they may receive from others about the Company by contacting the Company in writing to: Investor Relations, e-Net Financial Corporation, 3200 Bristol, 8th Floor, Costa Mesa, CA 92626.
A number of statements contained in this report are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the Securities and Exchange Commission, including its 1998 Form 10-KSB, and the 1999 Form 10-KSB/A. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.
SOURCE EMB Corporation
/CONTACT: James E. Shipley of EMB Corporation, 714-437-0738/
COSTA MESA, Calif., May 27 /PRNewswire/ -- James E. Shipley, Chairman of the Board of e-Net Financial.Com Corporation (OTC Bulletin Board: ENNT - news), announced today that Mr. James Cunningham and Mr. Scott Presta have joined the Board of Directors of e-Net Financial.Com Corporation.
Mr. Shipley said, ``Mr. Michael Roth has resigned from the Board of Directors. Ms. Jean Oliver who has served both as Secretary of the Corporation and as a member of the Board has resigned from both positions. In addition to serving on the Board Mr. Presta has been elected Secretary of the Corporation. The resignations and elections took place at a Board meeting on May 24, 2000.''
Mr. Shipley continued, ``While we are sorry to lose the valuable contributions of Ms. Oliver and Mr. Roth, we are pleased to have been able to add individuals with the reputation and stature of Mr. Cunningham and Mr. Presta.''
e-Net Financial.Com Corporation is a company engaged in the business of providing commercial and residential real estate financial services through both conventional methods as well as through e-commerce via the Internet and private line communication facilities. Persons interested in e-Net Financial.Com Corporation are encouraged to verify information they may receive about the Company, by contacting the Company at (714) 557-2222 or in writing to: Investor Relations Department, e-Net Financial.Com Corporation, Attention Rick Jarnat, 3200 Bristol St., Costa Mesa, CA 92626.
A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission, (<http://www.sec.gov/cgi-bin/srch-edgar?0000926844).> The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
Contact: Rick Jarnat, Phone 714-557-2222, Fax 714-557-2208
Trading Symbol: OTC Bulletin Board: ENNT
COSTA MESA, Calif., May 30 /PRNewswire/ -- James E. Shipley, President and CEO of EMB Corporation (OTC Bulletin Board: EMBU - news; Berlin, Frankfurt and Hamburg Exchanges <http://finanzen.de.yahoo.com/q?m=*&s=919810&d=v1> ), further discussed today the pending special divided of e-Net Financial.Com Corporation Common Stock to shareholders of EMB Corporation.
Mr. Shipley said, ``As has been disclosed in our prior Press Releases, the special dividend of an aggregate of 7.5 million shares of Common Stock of e-Net Financial.Com Corporation (''e-Net``), issued to the Company when it sold certain of its assets to e-Net, will be made to EMB shareholders of record as of the close of business on May 31, 2000. As previously disclosed, NASD set an ''ex-dividend`` date of Friday, May 26, 2000. Due to clearance procedures, purchases of EMB Common Stock should have occurred not later than Thursday, May 25, 2000 for a purchaser to be a shareholder of record of EMB Common Stock as of May 31, 2000. As also previously disclosed, the special dividend has no fixed pay date and will be paid 'when due', following the filing by e-Net of a registration statement with the SEC and its subsequent declaration of effectiveness.''
A number of statements contained in this report are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the Securities and Exchange Commission, including its 1998 Form 10-KSB and 1999 Form 10-KSB/A. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.
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