Barutiwa Reinvents Itself As A Space Development and New Media Holding Company.Business Editors CINCINNATI--(BUSINESS WIRE)--April 11, 2002 Barutiwa Communication Media Link Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BCML BCML Balrampur Chini Mills Limited BCML Batch Control Markup Language BCML Baltimore County Major League ), an African-American owned publicly traded entity, announced today it has completed the revision of its business plan. The revised business plan calls for Barutiwa to reinvent itself as a pure holding company. Barutiwa will operate six majority owned subsidiaries in the fields of publishing, new media and high technology. Furthermore, "Barutiwa is currently accumulating minority stakes in more than 1000 publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. competing in new media and futuristic industries such as space tourism and space burial. We believe there is real money to be made in outer space. So we want our company to be one of the first African-American owned entities to successfully capitalize off the final frontier," stated Baruti Muhammad Kamau, president 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. . Barutiwa's business plan calls for the creation of non-commercial web sites to provide various ethnic groups and political organizations an elaborate vehicle to genuinely champion their voice. Once these particular web sites are developed with more than 20,000 members, the respective web sites (or Internet Assets) will be sold to interested parties for prices ranging from $3,000 to $30,000. Each Internet Asset developed will be incorporated and assigned different management. Below is an overview of Barutiwa's majority owned companies: Financial Media, Inc. was recently formed to deliver financial and business information to individual investors who invest in speculative stocks. Financial Media publishes the Speculators Play Magazine. Goto http://www.speculatorsplay.com for more info. Combat Zone Incorporated was recently formed to operate the CombatZone101.com web site. CombatZone101.com is a web based Coming from a Web server. See Web application. forum for critical and innovative thinkers from all walks of life to genuinely debate issues highlighted in the established media. Goto http://www.combatzone101.com for additional info. Youth Wire, Inc. was recently formed to provide a news service that distributes content authored by high school and college students to the media. Send an email to editor@youthwire.com for more info. DeepSpaceNews.com Incorporated is a pure dotcom in the development stage intending to build a web community consisting of people interested in colonizing planets in outer space. Nigerian Space Development Corporation (NSDC NSDC National Staff Development Council (Oxford, Ohio) NSDC National Square Dance Convention NSDC Network Systems Design Conference (San Jose, California) NSDC Nunavut Social Development Council ) is a development stage company endeavoring to introduce Black Africa's elite to space travel and space burial. NSDC will qualify its common stock for trading and subsequently seek a viable aerospace business to merge with. Barutiwa.com, Inc. was formed to operate Barutiwa.com, the largest African-American owned online community in Cincinnati, Ohio “Cincinnati” redirects here. For other uses, see Cincinnati (disambiguation). Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. . Barutiwa.com generates revenue from reselling web hosting services A web hosting service is a type of Internet hosting service that allows individuals and organizations to provide their own websites accessible via the World Wide Web. Web hosts are companies that provide space on a server they own for use by their clients as well as providing and designing web sites for commercial clients. Barutiwa.com, Inc. is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Barutiwa Communication Media Link, Corp. Goto http://www.barutiwa.com for more info. |
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