FinancialWeb.com Retains Allen and Company Incorporated as Investment Banker Files 10-SB Preparing for Exchange Listing.ALTAMONTE SPRINGS Al·ta·monte Springs A city of east-central Florida, a residential suburb of Orlando. Population: 40,900. , Fla.--(BUSINESS WIRE)--April 16, 1999-- FinancialWeb.com, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : FWEB) today announced that it has entered into an agreement naming Allen & Company as its exclusive strategic advisor and investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. . Additionally, the Company announced that it has filed a form 10-SB with the U.S. Securities and Exchange Commission. "We are very pleased to form this partnership with such an accomplished firm like Allen & Company as well as to announce the filing of our form 10-SB," said Kevin Lichtman, President and Chairman of FinancialWeb.com. "Both events represent important steps for the Company as we position for growth in the expanding on-line market. We look forward to working with our team at Allen & Company and preparing for an exchange listing," Lichtman concluded. FinancialWeb.com, Inc. specializes in financial new media. The Company operates 17 Internet sites in a network under the FinancialWeb brand (www.financialweb.com), including Quote Central (www.quotecentral.com), Stock Detective (www.stockdetective.com), Rapid Research (www.rapidresearch.com), Wall Street Guru (www.wallstreetguru.com), StockTools (www.stocktools.com), Strike Price (www.strikeprice.com), The SmallCap Investor (www.smallcapinvestor.com), Bear Tracker (www.beartracker.com), NewsVest (www.newsvest.com), InvesToons (www.investoons.com), Mr. EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. (www.mredgar.com), YourFunds.com (www.yourfunds.com), Bull Mart (www.bullmart.com), FinancialWeb University (www.fwuniversity.com), Annual Reports Online (www.arol.com) and Weather@FinancialWeb (weather.financialweb.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 a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended. Specifically, all statements other than statements of historical facts included in this press 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. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion