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American Enterprise.Com's Plan of Reorganization is Confirmed.


Business Editors, Health/Medical Writers

TAMPA, Fla.--(BUSINESS WIRE)--Nov. 20, 2002

American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  Enterprise.Com, Corp. ("AMER AMER American
AMER Asociación Mexicana de Estaciones Radiodifusoras
" or "the Company") (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AMER) announced today the confirmation of its Plan of Reorganization ("the Plan").

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the terms of the Plan, AMER emerges from reorganization with no significant debt. The existing publicly traded stock will not be compromised. Accordingly, there will be no reverse split or cancellation of the existing AMER stock.

Information set forth in this report relates to future events and expectations and as such constitutes "Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" within the meaning of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 Act of 1995. The words "believes," "anticipates," "plans," "expects," and similar expressions in this report are intended to identify forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable.

There is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 20, 2002
Words:216
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