Global Cyber Sports.com - Comments on Listing and OTCBB Trading Status.Business Editors BOURNEMOUTH, UK--(BUSINESS WIRE)--April 10, 2000 GLOBAL CYBER SPORTS.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. , INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (OTCBB-GCSCE) announced that the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). OTCBB OTCBB See OTC Bulletin Board (OTCBB). will be changing Global Cyber Sports symbol to "GCSCE" effective April 7, 2000. This symbol change is a routine measure that is implemented for numerous issuers, and is intended to advise investors that these companies need to satisfy the NASD that it complies with the SEC's filing requirements including any SEC comments. The change does not indicate that Global Cyber Sports.Com has failed or will fail to satisfy the NASD or meet SEC requirements. Global Cyber Sports filed its Form 10 registration statement with the SEC on March 2, 2000 and has not yet received comments. Global Cyber Sports has until May 3, 2000 to clear SEC comments and it believes it will be in compliance by that date. The registration review is subject to the schedules and resources of the SEC and Global Cyber Sports cannot speculate on the final date upon which the review process will be complete. Interested parties may view Global Cyber Sports' Form 10 registration by searching the SEC's database at www.sec.gov/edgar. About Global Cyber Sports, Inc. Global Cyber Sports.Com, Inc. is a public company listed on NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on , symbol OTCBB:GCSCE. The company is developing premier sports related Web sites from which it will offer high quality sports related merchandise to Web users through exciting and attractive E-shops, up to the minute news, sports gossip, live auctions and proprietary sports database information. Standalone merchandise sites will be linked or integrated with other sports related sites. This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject 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. created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for 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. provisions contained in 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 and any amendments thereto. Such forward-looking statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that reserves, production, pricing levels or other factors pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to the manufacturing and retail operations will be sustained at the expected rates or levels over time. Discussions of factors, which may affect future results, are contained in the Company's recent filings. Under no circumstances does this press release constitute an offer to sell or a solicitation of an offer to buy the securities of the Company described in this press release in which such offer, solicitation or sale of securities would be unlawful prior to registration, qualification or filing under the securities laws of any jurisdiction. |
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