Converge Global Inc. Announces That it Has Filed its Form 10 With The Securities and Exchange Commission.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)--Aug. 19, 1999-- Converge Global (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CVRG CVRG Cardiovascular Research Group ) has filed its Form 10-SB as mandated by the Securities and Exchange Commission as part of a new rule designed to limit quotations on the OTC BB to the securities of companies that report under the Securities Exchange Act of 1934. The rule is being phased in between July 1999 and June 2000. CVRG has until Oct. 1, 1999, for its Form 10-SB to be declared effective by the SEC. "We will be fully responsive to the SEC, so we hope to clear their comments as soon as possible," said Imran Husain, chief executive officer of Converge Global. Converge Global (www.convergecom.com) is an e-business service firm engaged in developing Internet companies that present exceptional global e-commerce opportunities. Using "best of breed" technologies, the company provides a full range of Internet services, from designing e-business strategies to building custom e-commerce Web sites. For more information, contact Imran Husain, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , at 310/434-1974, or info@convergecom.com. In connection with 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. " provisions 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, the company wishes to caution readers that this news release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made by or on behalf of the company, and that such forward-looking statements involve risks and uncertainties, and as such, could affect actual results and could cause results to differ materially from those expressed in such forward-looking statements. "Forward-looking statements" are defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Specifically, all statements other than the statements of historical facts included in this news release regarding the company's financial position, business strategy and plans and objectives of management of the company for future operations are forward-looking statements. These forward-looking statements are based on beliefs of the company's management, as well as assumptions made by the information currently available to the company's management. |
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