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Clubcharlie.com Updates Shareholders.


Business Editors and High-Tech Writers

LOS ANGELES--(BUSINESS WIRE)--July 7, 2000

Clubcharlie.com, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CLUC) Friday announced that its auditors are completing the audit for the year ending Dec. 31, 1999.

The audit and interim financial statements are needed for the company's re-listing on the Over the Counter, Bulletin Board market system. The NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 through its review and subsequent to the Securities and Exchange Commission acceptance of Clubcharlie's Form 10-SB registration statement re-listing is accomplished through the submission of the Forms 10-KSB and 10-QSB.

Clubcharlie.com has engaged Rubicon Capital Corp., a San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  financial service firm to provide financial strategies and corporate development. Rubicon, through one of its subsidiaries has been engaged by the company to provide investor relations Investor relations

The process by which the corporation communicates with its investors.
 services.

The company's president, Glenn Chilton stated: "The company and management have been diligent in confronting the delays in re-listing on the Bulletin Board. Management is doing everything possible to expedite the re-listing of the company's stock and to provide a trading market for CLUC.

"We believe that once the company is back on the Bulletin Board and with the assistance of our new investor relations firm Rubicon, the shareholders will be very pleased with our progress."

About Clubcharlie.com

Clubcharlie.com is an independent, multimedia company, which integrates e-commerce, database management, smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. , affinity and loyalty using film and television production to meet the needs of "TWEENS" and their families. Visit the company's Web site www.clubcharlie.com.

For more information, call Daniel Aldrich at 888/353-9315.

Except for historical matter contained herein, the matters discussed in this news release are forward-looking statements and are made pursuant to 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.
 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 reflect assumptions and involve risks and uncertainties, which may affect the company's business and prospects and cause actual results to differ materially from these forward-looking statements.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 7, 2000
Words:313
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