Budgethotels Network Inc. Engages Financial Firm.Business Editors POINT ROBERTS Point Roberts, uninc. town (1990 pop. 750), Whatcom co., NW Wash., on the Strait of Georgia near the tip of the Point Roberts peninsula, extending south from British Columbia, Canada, and separated from the Washington mainland by Boundary Bay. , Wash.--(BUSINESS WIRE)--Aug. 28, 2001 Budgethotels Network Inc. (BUDH: OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB) has engaged Murdock Capital Partners Corp to assist in the funding efforts of the Company. Murdock, a ten year old financial consulting and merchant banking firm based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , has agreed to raise, on a best efforts basis, a minimum of $250,000 to be utilized by the Company for the continued implementation of it's business plan, including an expansion of the number of information boards at selected Amtrak Amtrak, the National Railroad Passenger Corp., authorized to operate virtually all intercity passenger railroad routes in the United States. Amtrak was created by Congress in 1970 in response to more than two decades of continuous operating deficits by privately run and Greyhound terminals, installation of additional internet connected kiosks at strategic locations, and an advertising awareness program for it's internet reservations site, Budgethotels.com. "While we believe our stock is undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. , and prefer to keep our equity dilution to a minimum, Budgethotels Network Inc. can utilize additional working capital to immediately enhance our revenues and profitability," William Marshall William Marshall is a name shared by several people:
Certain information included in this communication (as well as information included in oral statements or other written statements) made, or to be made by Budgethotels Networks Inc. may contain statements that are forward looking. Statements relating to the future anticipated direction of the internet industry, plans for future expansion, various business developments, activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. |
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