Correction From Source - Investors back Victor Ebner with $2.5 Million.Business Editors GENEVA--(BUSINESS WIRE)--Nov. 16, 2001 A correction from source has been issued with respect to the release issued on October 15, 2001 @ 09:00 ET Victor Ebner Enterprises, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : VEEI) announces that further to the Company's press release dated October 15, 2001, Victor Ebner has only received a total of $2.5 million USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. in recent private placements, and not $5.2 million as previously announced. Today the company learned that one investment fund manager has cancelled a subscription for $2.7 million USD for internal reasons. Victor Ebner has applied the total private placement proceeds received of $2.5 million to the development of new products for the United States and South America. The company expects to launch these new products within the coming months, and will continue to seek additional financing. Founded in Switzerland in 1980 by company 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. Christian Ebner, Victor Ebner Enterprises, Inc. develops and markets audio-visual courses teaching seven different languages. Products include videos, audio CD's, CD-ROM's, DVD's and manuals. Victor Ebner's educational programs made for television broadcasting are carried on various satellite and television channels in Europe See:
Now, Victor Ebner's popular language programs will also be distributed in North America with the signing of a major North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. distribution contract with Toronto and Montreal based Multi-Media Group of Canada. The territories covered in the agreement are the United States, Canada, and Mexico, and the term of the deal runs for five years. Familiar to millions of viewers overseas, Victor Ebner products are sold in over 50 countries. The company's products are also available for purchase via the Internet at www.victor-ebner.com. Any forward-looking statement 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. in this press release is made pursuant to the "safe harbor" 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. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economical and political factors, technological developments and changes in international and local markets, as well as the inherent risks of the technology related business. |
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