Calendar Capital, Inc. to Merge With Entrenaut, Inc.MINNEAPOLIS--(BUSINESS WIRE)--Dec. 9, 1999-- CALENDAR CAPITAL, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CCAP CCAP Center for Clean Air Policy CCAP Cahier des Clauses Administratives Particulières CCAP Child Care Assistance Program CCAP Climate Change Action Plan CCAP Culture Collection of Algae and Protozoa CCAP Church of Central Africa Presbyterian ) and ENTRENAUT, INC. (formerly Internet Holdings, Limited), based here, have reached agreement on a plan of merger whereby the shareholders of Entrenaut will receive a new class of Calendar Capital Preferred Stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. in exchange for their shares of Entrenaut, according to 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. Paul Crawford, local venture capitalist. Calendar Capital has been a publicly held shell corporation; Entrenaut is an incubator company for Internet concepts currently overseeing the development and beta testing of two new e-commerce companies: Chef In A Box, (www.chefinabox.com), an online virtual restaurant; and OfficeCause, (www.officecause.com), an online business-to-business site which channels a percentage of a company's purchases to a designated charity. Entrenaut also holds investments in Commission Junction, Inc., an online affiliate marketing company, Superior Wireless Communications, and StoreItOnLine.com, Inc. The merger will be effective January 1, 2000. |
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