Converge Global Inc. Announces That The SEC Has No Further Responses to Its Form 10.Business Editors SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif.--(BUSINESS WIRE)--Feb. 23, 2000 Converge Global Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CVRG CVRG Cardiovascular Research Group ) Wednesday announced that the Securities and Exchange Commission has indicated that it has no further responses to the company's Form 10. It is Converge's intent to immediately file documents necessary to once again commence trading 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. . Converge Global Inc. is a developer and incubator of specialty portals and niche Web sites. Some of the company's current projects include DigitalMen.Com, a men's destination site, and Liquidationbid.com, an online business-to-business auction site targeted towards companies looking to liquidate To pay and settle the amount of a debt; to convert assets to cash; to aggregate the assets of an insolvent enterprise and calculate its liabilities in order to settle with the debtors and the creditors and apportion the remaining assets, if any, among the stockholders or owners of the excess inventories, overruns and bankruptcies. Note: Included in this news release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurances that such expectations reflected in such forward-looking statements will prove to have been correct. |
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