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CyberAmerica Corp. Announces Distribution of a Stock Dividend in Professional Wrestling Alliance Corp.


Business Editors

SALT LAKE CITY--(BUSINESS WIRE)--Aug. 8, 2000

CyberAmerica Corp. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: CYAA) Tuesday announced that its shareholders will soon receive their long awaited dividend payable in Professional Wrestling Alliance Corp. (OTC BB: PWAA PWAA Phoenix Wright: Ace Attorney (game)
PWAA Project Work Authorizing Agreement
PWAA Piney Woods Apartment Association (Nacogdoches, TX)
PWAA Project-Wide Activity Area
) shares as announced by CYAA this past December.

PWAA is a start-up company start-up company

A new business.
 that seeks to promote shows including both rock and roll concerts and professional women's wrestling matches as both television and pay per view events. CYAA through its consulting subsidiary Hudson Consulting Group Inc. (HCG HCG, hCG human chorionic gonadotropin.

HCG
abbr.
human chorionic gonadotropin


Human chorionic gonadotropin (hCG) 
) currently owns in excess of two million restricted shares of PWAA's common stock.

CYAA plans to issue a stock dividend in PWAA consisting of one restricted share of PWAA for every two CYAA shares held by its shareholders on Jan. 28, 2000 (the "record date").

CYAA's board of directors have obtained the necessary legal assurances from a qualified securities attorney that the stock distribution can be accomplished in compliance with all applicable state and federal securities laws.

Accordingly, CYAA's transfer agent has scheduled Wednesday, Aug. 9, 2000, as the date upon which the issuance shall be mailed out to those shareholders who were CYAA shareholders as of the record date.

CYAA is a diversified holding company that specializes in investing and developing undervalued Undervalued

A stock or other security that is trading below its true value.

Notes:
The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating.
 real estate as well as providing financial consulting services to public and private companies.

For more information on CyberAmerica's real estate holdings please visit www.cyaa.com. For more information on the CyberAmerica's consulting service please visit www.hudsonconsult.com. CyberAmerica strongly encourages that the above information be read in conjunction with its Dec. 31, 1999 Form 10KSB KSB Kogod School of Business (American University)
KSB Kelley School of Business (Indiana University)
KSB Kantonsschule Am Brühl St.
 and its June 30, 2000 Form 10QSB QSB Fading
QSB Qualified Small Business (IRS category)
QSB Queen Street Backpackers (Auckland, New Zealand)
QSB Quality System Basics
QSB Qualified Supplemental Benefit
QSB Quantum Singleton Bound
.

CyberAmerica would also encourage investors to read the above information in conjunction with PWAA's (fka Jutland Enterprises Inc.) Dec.31, 1999 Form 10KSB, March 30, 2000 Form 10QSB and PWAA's Form 8K filed on Dec.2, 1999. The above documents can be viewed at www.sec.gov.

A number of statements contained in this press release are forward-looking statements which are 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.

These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing.

The actual results that CYAA may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.
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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:Aug 8, 2000
Words:405
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