Boy, Do I want this one.Gonna' try for the .03 and see if trades go through.
Venture Net Capital Group Set to Acquire 32% Of Snap-Z
8/12/04
TEMECULA, Calif., Aug 12, 2004 (BUSINESS WIRE) --
Venture Net Capital Group, Inc. (OTCBB:VNTN) will own 32 percent of Snap-Z and Bob DePalmer, creator of Snap-Z energy drink will own 68 percent, under an agreement reached between the two firms. DePalmer will be responsible for all day-to-day operations and distribution, while Venture Net Capital Group, Inc. will provide advertising and marketing support.
Snap-Z is a cutting edge product in the energy drink market. With a new flavor profile, low carbonation, and packaged in 20 ounce resealable containers, Snap-Z adds a new dimension to the mundane energy drink world.
In addition, Snap-Z is positioned to service bars with a fountain energy drink that will save bar owners up to 60 percent in cost.
The initial target markets will consist of the East Coast, Los Angeles, Orange County (California) and the greater Chicago area.
For more information visit www.vntrnet.com
This press release contain statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of V-Net Beverage Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to compete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: Venture Net Capital Group, Inc.
Venture Net Capital Group Michael Brette, 909-296-9945
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