CBSA On Schedule to Complete Audited Financial Statements.Business and Education Editors DENVER--(BUSINESS WIRE)--March 7, 2000 College Bound Student Alliance, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : GRAD), a leading educational service for students seeking support in the college admissions and financial aid process, today announces they are on schedule to complete the audited 1999 financial statements by the middle of March 2000 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. Jerry Lapin, 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. . He added that: "The filing of Form 10 with the SEC to become a reporting company will follow shortly thereafter. We will continue to update our shareholders on this process." In other news, Serena Riedel, Director of Investor Relations Investor relations The process by which the corporation communicates with its investors. , announced that, "The website www.cbsa.com has been revised with new affiliate links and updated information about our services, our Corporate Sponsors, and weekly press releases." Ms. Riedel further commented that: "As previously announced, BCD (Binary Coded Decimal) The storage of numbers in which each decimal digit is converted into binary and is stored in a single character or byte. For example, a 12-digit number would take 12 bytes. See binary numbers. Online was selected to upgrade the site and add affiliate links, as well as provide marketing of the site. A new feature called the CEO E-Chat Room will be utilized on a regular basis for real-time discussions between our management team and our investors. Transcripts of past CEO Chats will be stored for future reference." College Bound Student Alliance, Inc., is a leader in matching deserving students with the university that will optimize their chance of reaching their career goals. CBSA's expertise insures parents and students that they will have the opportunity to qualify for the financial opportunities available to them. Over $170 million in such aid has been offered to CBSA's clients. These results have given CBSA a reputation of reliability and credibility in the industry. Except for the historical information presented herein, the matters set forth in this press release 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 "safe-harbor" provision 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. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements. |
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