``How To Raise Equity Financing Using The Internet'' to be Outlined by Direct Stock Market's CEO at Tech Coast Venture Network Meeting.SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif.--(BUSINESS WIRE)--June 21, 1999-- How to raise equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. using the Internet will be outlined by Clay Womack, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Direct Stock Market Inc. (http://www.dsm.com) at the Thursday, June 24, Tech Coast Venture Network dinner program in Orange County. Joining Womack will be Walter Cruttenden III, the founder and CEO of E-Offering, an Internet investment bank focused on streamlining and cost reduction of the equity underwriting process. Program moderator will be Wally Eater of the Eater Alliances Group. Recognized as one of the nation's leading authorities on Internet-based capital formation, Womack is the chairman and CEO of Direct Stock Market, an Internet marketplace See vertical portal and Web hub. for public offerings and private placements. "More and more companies are discovering that the Internet can showcase their business ideas and connect them with independent investors looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. early-stage opportunities," said Womack. "Direct Stock Market's Internet community of investors and entrepreneurs is proof that the World Wide Web is a well-traveled path to capital." Starting at 5:30 p.m., the June 24 program will be held at the University Club at the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). , Irvine. The Tech Coast Venture Network is a non-profit group dedicated to assisting, educating and connecting early-stage growth companies with information and advisors. For attendance prices and additional information about the program, contact the Tech Coast Venture Network office by calling 714/505-6493. About Direct Stock Market With headquarters in Santa Monica, Direct Stock Market's mission is to be the most efficient Internet equity market that connects emerging-growth companies to capital, and facilitates investors to trade their stocks. DSM's Virtual Roadshow(r) service is a pioneer in live, full video and audio conferencing See audioconferencing. over the Internet. Direct Stock Market's website can be found at http://www.dsm.com |
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