Circle Group Internet Successfully Completes Direct Public Stock Offering; Preparing for IPO in Spring/Summer '99. NASDAQ Listing Sought.CHICAGO--(BUSINESS WIRE)--Feb. 15, 1999--Circle Group Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the completed its direct public stock offering of $2.5 Million. The 500,000 shares offering was completely done via the Internet without the help of any Broker/Dealer, thus avoiding enormous commissions and fees. "The oversubscribed Refers to connecting more users to a system than can be fully supported if all of them were using it at the same time. Networks and servers are almost always designed with some amount of oversubscription, counting on the fact that everybody does not need the service simultaneously. offer left our management team with the firm belief that the timing is right for an Initial Public Stock Offering this summer", says Frank Menon, VP of Corporate Development. "We are currently in the process of filing for an IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. to qualify for NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on (National Market). The offering will be open to ALL Non-Institutional Investors." (Please direct all inquiries about any of the Company's stock offering activities to http://www.justdoit.net/stock/offer.html or email stock@justdoit.net ) Due to its recent successful stock offering, CGI CGI in full Common Gateway Interface. Specification by which a Web server passes data between itself and an application program. Typically, a Web user will make a request of the Web server, which in turn passes the request to a CGI application program. is now actively seeking to help finance technology companies that have completed the registration process but were ineffective in their fund raising effort. The new program, called FUNDS-IN is a turn-key solution for small IT companies to get funding. Raising capital is costly, time consuming, and can take the business owner away from precious time necessary to create sales and profits in the business itself," says Dana Dabney, CGI's Vice President. "The whole process can leave the business flat and cause a general loss of confidence in that company by the investment community such as VC`s and investment bankers 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. . For this reason, FUNDS-In is a viable solution for alternative source financing. With the addition of this program, CGI joins the ranks of such noted Companies as CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) http://www.cmgi.com/ and Wit Capital http://www.witcapital.com/ " To see if your company could qualify or benefit from the FUNDS-IN Program, contact Michael Pontarelli, Jr. at 847-949-8828 or fundsin@justdoit.net . CGI is also aggressively pursuing several key IT acquisitions. The companies sought are profitable with a history of operations. Qualified Companies may contact CGI at 847-949-9777 or email business@justdoit.net |
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