Far East Ventures and Renown Air Annnounce Termination of Negotiations.Business Editors LAS VEGAS--(BUSINESS WIRE)--Jan. 28, 2000 Far East Ventures, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:FEVI FEVI fracción de eyección ventricular izquierda (Spanish: Left Ventricular Ejection Fraction) FEVI Front End Volatility Index ) and Renown Air, Inc. announced today that they have terminated negotiations for Far East Ventures to acquire Renown Air Inc. The companies have agreed to cooperate in the acquisition of potential candidates that are in the gaming/racetrack and/or airline fields. Renown Air Inc., will be retained by FEVI as a consultant to negotiate certain targeted projects and will be compensated accordingly. This news release includes &uot;forward-looking statements&uot; that include risks and uncertainties. The 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 release are made pursuant to 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. Actual results may differ materially due to a variety of factors, including without limiting the Company's ability to produce and market products and/or services and other risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. |
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