Corporate Profile for Planet City, dated Oct. 18, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex, and many others. -0-
Published Date: 10/18/96
Company Name: Planet City
Address: 428-755 Burrard St.
Vancouver, B.C. V6Z 1X6
Main Telephone
Number: 604/608-1848
Internet Home
Page address: www.planetcity.com
Chief Executive
Officer: Sam Kalenuik
Chief Financial
Officer: Sam Kalenuik
Investor Relations
Contact: Colin Karsten
Business number: 303/843-9266
Public Relations
Contact: Colin Karsten
Business number: 303/843-9266
Trading Symbol: PCIY
Industry: Internet
Market Makers: ACAP Financial Inc.
Mike Klekas, 1-800-398-7445
Company description: With head offices at East Prentice Avenue in Englewood, Colo., and production facilities in Vancouver, B.C., Planet City is an Internet site for marketing products and services in the field of Body, Mind and Spirit. Starting in May 1996, development of the Planet City web site (www.planetcity.com) was privately financed. Since Oct. 1, the stock has been traded in the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). Electronic Bulletin Board under the symbol PCIY. The public financing was accomplished by issue of 15 million restricted common shares in a reverse takeover A reverse takeover occurs when a publicly-traded smaller company acquires ownership of a larger company. It typically requires reorganization of capitalization of the acquiring company. of the founding corporation. Revenues come from the lease of space and the provision of business support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . Revenue will commence on release of the site in November 1996. Present income derives from payments for web site development services and from participation in the sale of zip codes. This latter arrangement has been enthusiastically received by multi-level marketing companies This is a list of companies which utilize multi-level marketing, also known as "network marketing", for most of their sales.
Strategic alliances with the Vancouver Film School give world-class multi-media capability and with Virtual Vendor Inc. give access to state-of-the-art database applications. Excellent multi-media presentation and business support differentiates Planet City from its competition. Transaction services include a sophisticated product and vendor search engine, contact and customer management, order entry and inventory control services. CONTACT: Planet City |
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