TEMECULA, Calif.--(BUSINESS WIRE)--VNTN-- Venture Net Capital Group (OTCBB:VNTN) announced today that its strategic marketing partner edaddywarbucks had agreed to return 35 million shares of its 50 million shares of VNTN stock to the company. This agreement was mutually agreed on in order to assist VNTN in increasing the company's shareholder value. edaddywarbucks will retain 15 million shares of VNTN in exchange for providing advertising and marketing services to VNTN and its clients. edaddywarbucks, is a Sacramento, California-based strategic marketing company that facilitates leverage and barter arrangements with national media to build brand awareness and consumer acceptance of publicly traded companies. VNTN is in the business of creating shareholder value for small publicly traded companies through a variety of consulting and marketing services. VNTN also owns one hundred percent of Buzzy's Coffee Company which generated approximately $2 million in gross revenue in 2003. For more information visit www.vntrnet.com or www.edaddywarbucks.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 complete 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.
KEYWORD: CALIFORNIA INDUSTRY KEYWORD: RETAIL FOODS/BEVERAGES RETAIL SUPERMARKETS RETAIL PUBLISHING RETAIL FOODS/BEVERAGES ADVERTISING/MARKETING SOURCE: Venture Net Capital Group
CONTACT INFORMATION: Venture Net Capital Group Michael Brette, 909-296-9945
------------------ Due Da Due......But Be Quick About It!!!!!
Wid ma mind on ma money an' ma money on ma mind!!!
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If it's not open yet and buy orders start pouring in, what happens when it does open? Does the pps. shoot up or is it controlled?
Posts: 395 | From: Grand Rapids MI 49546 | Registered: Feb 2004
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Does anyone know when will it open? I am planning to get an Ameritrade account, but no funding yet. I do not want to place the order with TD Waterhouse if it is not going to open soon.
Posts: 233 | Registered: Jul 2004
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my broker say's he doesn't even have a bid/ask anymore.
he said it might be due to the huge volume demand. But, also stated that they would usually put out a public release stating delay in opening. I'm going to check out the website and see if there is anything on it stating any delay. Can't hurt.
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Looking at the last SEC filing clear back in July 2001, they had 5,500,000 shares issued and outstanding. I am sure things have changed since then but there are no more filings after 2001. Seems like there is an extremely low float on this and will be lucky if you get any shares period.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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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.
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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