Brainworks Ventures, Inc. and eBusinessLabs, Inc. to Merge.Business Editors ATLANTA--(BUSINESS WIRE)--Nov. 17, 2000 Brainworks Ventures, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: BRAV) and eBusinessLabs, Inc. ("EBL (Extended Batch Language) A shareware programming language by Frank Canova that allows for more complex programming in DOS batch files. "), a privately held venture development company based in Atlanta that provides funding and business consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to early-stage technology companies, announced that they have commenced discussions regarding the possible acquisition of EBL by Brainworks by means of a merger. The proposed merger is subject to the negotiation and execution of definitive transaction documents and the satisfaction of customary closing conditions expected to be included therein. "The infrastructure that EBL has in place is what we were starting to build for ourselves. We believe that it makes sense to combine our advisory strengths with EBL's enterprise development," said Dr. Donald Ratajczak Donald Ratajczak, PhD is an economist known initially as a professor at Georgia State University. Throughout the 1980s to present day he has been quoted on radio, the New York Times and the Wall Street Journal. References
For additional information, visit the Brainworks' website at www.BrainWorksVC.com. Certain statements contained in this release that are not statements of historical facts are "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 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. The words "believe," "expect," "anticipate," "intend," "will" and similar expressions are examples of words that identify forward-looking statements. Forward-looking statements include, without limitation, statements regarding the ability of EBL and Brainworks to consummate the merger and implement their business strategy. These forward-looking statements are based on EBL's and Brainworks' current beliefs, as well as assumptions that have been made based upon information currently available to both companies. |
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