A.R.T. International Inc.'s Acquisition of Buck-a-Day Company Delays 10K Filing.Business Editors TORONTO--(BUSINESS WIRE)--March 7, 2001 The Board of Directors of A.R.T. International Inc. ("ART") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AGPF AGPF Anchored Geodesic Packet Forwarding ) (the Company) reports that the filing of the 10K report for the year ending November 30, 2000, due on February 28, 2001 has been delayed as a result of the 100% acquisition of the Buck-a-Day Company in early December, 2000. Unfortunately the complexity of the financial statements being prepared by independent auditors Independent Auditor An external auditor with a certified public accounting designation that qualifies him or her to provide an auditor's report. Notes: These auditors aren't affiliated with the company being audited. for the Buck-a-Day Company, in conjunction with A.R.T. International Inc.'s auditors, in the preparation of audited consolidated financial disclosures which are also required for the Annual General and Special meeting of the shareholders scheduled for April 18,2000 has resulted in the delay in the timely filing of the 10K report. The Company expects to file the 10K report by early next week. A.R.T. International Inc. is a US reporting issuer, trading on the OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB under the symbol of AGPF. More information can be found at the Company's Investor Information Page at www.agpf.net or at www.art-artagraph.com. Please email us at info@agpf.net or call 905-477-0252, attention Chris Burton. Safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. statement under the Private Securities Litigation Reform act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but no limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed form time to time in the Company's media releases. |
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