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g MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan. 14, 2005--SearchGuy.com Inc. (Pink Sheets: SHGY - News), a creative provider of multi category search and advertising services, would like to provide a corporate update to its shareholders. Leonard Ratchinsky, CEO of SearchGuy.com stated:
"Firstly we would like to thank all shareholders for their support and patience. We are aware of the fact that many shareholders would prefer better communication from the Company in addressing corporate updates. Unfortunately, SearchGuy.com, Inc. is still at this time a development stage company - with both limited capital and staff. Our previous efforts to effectively inform shareholders of current events were thwarted by an unscrupulous IR firm. SearchGuy.com, Inc. regrets the error. We would like all shareholders to understand that the goal of management is to deliver shareholder value in the long term.
Looking into the future, we at SearchGuy.com, Inc. remain confident in our ability to enhance shareholder value over the course of the next several years. Our vision remains to be one of a company of innovation, skill, and creativity. We feel our share price does not necessarily reflect the goings-on of SearchGuy.com, Inc. It is important for shareholders to understand the nature of the Pink Sheet market and its tendency toward illiquidity.
In 2005 management will continue to pursue effective means of creating value for SearchGuy.com, Inc. shareholders. We are excited and thankful to be given the opportunity that lies ahead of us. Again, we thank you for your confidence and patience
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Did anyone else get a Wall Street Tech Stock Report in the mail? They are trying to compare this to google saying it could tap into some of google's revenue and may go as high as $12.80
-------------------- Pennies are for trading.
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