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BillyWeb Corp. Announces Change to Board.


Business/High-Tech Editors

PALM BEACH, Fla.--(BUSINESS WIRE)--Aug. 21, 2002

BillyWeb Corp. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:BLYW) announces that, on the 15th of August 2002, the board of the Company has been modified as follows:

Former President Frederic Richard resigned and is replaced by Mr. Louis Pardo, who was formerly Secretary and Treasurer.

Mr. Louis Pardo resigned as Secretary and Treasurer and is replaced by Mr. Ludovic Payage who is nominated nom·i·nate  
tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates
1. To propose by name as a candidate, especially for election.

2. To designate or appoint to an office, responsibility, or honor.
 Secretary.

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 1955: This release contains 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 Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussion with respect to predictions, expectations ,beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts may be forward- looking statements. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made to involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 21, 2002
Words:181
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