CathayOnline Increases Offering to $10 Million -- www.cathayonline.com.NEW YORK--(BUSINESS WIRE)--Nov. 18, 1999-- CathayOnline Inc. and their investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. have agreed to increase the offering to USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $10 million. CathayOnline (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CAOL) 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 is facilitating 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, Director More information can be obtained about CathayOnline by visiting http://www.cathayonline.com. For further information contact Barbara Manui of: HOWARD BRONSON & ASSOCIATES at 212/867-6160. 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 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. |
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