GoPublicNow.com to Retire 250,000 Shares of Its Free Trading Shares.Business Editors & High-Tech Writers NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sept. 29, 2000 GoPublicNow.com (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :GNOW) Friday announced that it has entered into an agreement and mutual release with some of the previous DermaRX Corp. shareholders to retire 250,000 shares of free trading stock, which now trades under stock symbol GNOW. No cash consideration was paid. The shares are currently in the process of being removed from a brokerage account and are to be returned to GoPublicNow.com's transfer agent for cancellation. The shares are part of approximately 550,000 shares considered to be the public free trading float, therefore the public free trading float will be decreased to approximately 300,000 shares. Overall, this action will reduce the issued and outstanding stock of GoPublicNow.com from 10,803,239 to 10,553,239 shares. About GoPublicNow.com GoPublicNow.com (GPN) is a business-to-business financial portal with its Internet tools available to client companies who want to raise capital and go public. GPN intends to offer a single source consolidation for their needs acting as a virtual financial syndication network, which intends to provide access to capital resources and public markets, as well as the necessary advisory services to get there. The company's network of service provider intends to supply services a client needs to grow their business, attract capital or become public. If you are interested in becoming affiliated with the company, visit its site at www.GoPublicNow.com. Once on the site, businesses looking to go public or raise capital may click on "Company Owners." Funding sources such as broker dealers, angel networks, investment bankers, bridge funds lenders, private investors, institutions, VC's, fund managers, etc. may click on "Funding Sources" to register with GPN. Companies or consultants offering business services interested in becoming part of the GPN Affiliate Network may click on "Business Services." GPN feels it is an alternative to traditional incubators and financial companies such as CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) (Nasdaq:CMGI) or Internet Capital Group Inc. (Nasdaq:ICGE), Safeguard Scientifics Inc. (NYSE NYSE See: New York Stock Exchange :SFE See Sydney Futures Exchange. ), M&A West Inc. (OTCBB:MAWI MaWi Marktwirtschaft (German: Free-market economy) MaWi Materialwirtschaft (German: stock management) MAWI Motorola Advanced Wideband Interface ) or Rare Medium (Nasdaq:RRRR RRRR Raritan River Rail Road RRRR Rare Medium Corp. (NASDAQ stock symbol) ) because the GPN business model allows the company the ability to fund a diverse group of new client companies and provide access to capital and professional service providers. GPN is currently conducting some of its services in the business-to-business sector. This sector has seen a great deal of growth with companies such as Free Markets Inc. (Nasdaq:FMKT FMKT Freemarkets, Inc. (stock abbreviation, AMEX) ), Ariba Inc. (Nasdaq:ARBA), Commerce One Inc. (Nasdaq:CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ), Ventro (Nasdaq:VNTR VNTR Variable Number of Tandem Repeat(s) ), PurchasePro.com Inc. (Nasdaq:PPRO PPRO Personal Public Relations Officer (Church of Scientology) ) and webMethods Inc. (Nasdaq:WEBM). Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors. |
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