SyCoNet.com Announces the Resignation of co-CEO Ross Rojek.Business Editors VIENNA, Va.--(BUSINESS WIRE)--Feb. 22, 2001 SyCoNet.com (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: SYCD) announces the resignation of Mr. Ross Rojek as co-CEO for personal reasons. The decision was mutually amicable and will not in any way affect the continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the of SyCoNet.com. Mr. William Spears will remain aboard as the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Mr. Larry Hineline will retain his appointment as Chairman of the Board. SyCoNet.com is committed to improving and increasing shareholder value and will continue to seek out opportunities that make sense for the Company. To learn more about SyCoNet.com or to be included on the shareholder communication email list, please contact Paula Kane with Integrity Capital at 757/588-0715 or via email: paula@integritycapital.net. About SyCoNet.com, Inc. SyCoNet.com, Inc. is a specialty retailer of popular Japanese animation or anime. SyCoNet.com, through its distribution websites, http://www.animedepot.com and http://www.sycodistribution.com, sells a myriad of Anime DVD's, videos, toys and trading cards at a discount from regular retail sources. 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 provides a "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. " 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. . Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the high-technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of SyCoNet.com, Inc. These risks and uncertainties include, but are not limited to, those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions. |
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