CathayOnline's Form 10-SB Filing with Securities and Exchange Commission.Business Editors NEW YORK--(BUSINESS WIRE)--Dec. 23, 1999 On December 13, 1999, CathayOnline Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CAOL) filed its Report on Form 10-SB with the Securities and Exchange Commission. If the Form 10-SB is approved and declared effective by the SEC, CathayOnline will become a reporting company under the Securities and Exchange Act of 1934, as amended. Quotes for the Company's Common Stock are currently available on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. . In the event that the Form 10-SB is not effective by January 19, 2000 then quotes for the Common Stock will no longer be available on the OTC Bulletin Board and may only be available on the "pink sheets". There can be no assurance that the Form 10-SB will be declared effective by the SEC by January 19, 2000 if at all. In the event that CathayOnline's shares are delisted from the OTC Bulletin Board, the Company, following effectiveness of the Form 10-SB will reapply Re`ap`ply´ v. t. & i. 1. To apply again. reapply vi → volver a presentarse, hacer or presentar una nueva solicitud for listing on the OTC Bulletin Board or apply for listing on the Nasdaq Small Cap Stock Market. The can be no assurance that any such application will be approved. CathayOnline is aggressively striving to become a leading fully-diversified Internet company targeting Chinese-speaking markets of the world, with primary focus in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Taiwan, Singapore, Malaysia. Through key acquisitions, joint ventures, and prestigious international and domestic alliances, the Company has facilitated the delivery of unparalleled products and services in two high growth areas: (1) the Internet and (2) e-mail and advanced messaging services. CATHAYONLINE INC. On Behalf of the Board of Directors Brian Ransom Brian Ransom (born June 6, 1940) was a Manitoba politician. In 1983, he unsuccessfully ran for the leadership of the Progressive Conservative Party of Manitoba. Ransom was born in Boissevain, Manitoba, and was educated at the University of Manitoba and the University of , President More information can be obtained about CathayOnline by visiting http://www.cathayonline.com Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "forward-looking statements" for purposes of the 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. provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including "anticipate," "believe," "intends," "estimates," "expect," and similar expressions. The Company cautions readers that forward-looking statements, including without limitation, those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. www.cathayonline.com |
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