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Press Release Source: Venture Net Capital Group, Inc.
Venture Net Capital Group, Inc. Has Completed Negotiations for a Joint Venture Financing Agreement with Ashlin Capital, LLC Thursday February 17, 9:48 am ET
TEMECULA, Calif., Feb. 17, 2005 (PRIMEZONE) -- Venture Net Capital Group, Inc. (Other OTC:VNTN.PK - News) (http://www.vntrnet.com) announced the completion of negotiations for a Joint Venture Financing agreement with Ashlin Capital, LLC (``Ashlin''). ADVERTISEMENT
``This alliance with Ashlin will allow us access to additional capital to expand our core business of creating value for emerging growth companies in high technology, Internet, healthcare and consumer goods industries,'' said Mike Brett, Venture Net CEO. ``Over the past few weeks, we have used working capital financing from Ashlin to increase production of our wholly-owned subsidiary, Buzzy's Coffee.''
``We are pleased by the obvious possibilities of working with Venture Net in providing financing not only for its own subsidiaries and exclusive distributorships, but also in joint-venturing with Mike Brett to assist some of his promising client companies to reach their next level of performance,'' said Ashlin CEO, Charles Flemming.
About Venture Net
Venture Net Capital Group, Inc. is a management company that provides marketing and consulting services. Our clients are offered expertise in areas such as accounting, investment and financial services, legal representation, promotional, publicity, sales and management consulting. We specialize in helping with funding pre-public businesses that represent emerging growth opportunities as well as established companies that demonstrate potential for long-term capital growth.
About Ashlin Capital
Ashlin Capital is a Wall St. Investment Banking firm that finances small, medium and large companies, governments and entrepreneurs, nationally and internationally. Among the services offered by Ashlin Capital are Investment Banking, business loans, working capital loans for doctors and other professionals, accounts receivable financing, equipment lease financing, aviation financing, marine financing, commercial and residential real estate loans, mergers and acquisition financing, domestic and international project financing, government projects financing and business consulting.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, further events or otherwise.
Contact:
Venture Net Capital Group, Inc. Michael Brette (951) 296-9945 www.vntrnet.com
-------------------------------------------------------------------------------- Source: Venture Net Capital Group, Inc.
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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This is great news......NOW lets get this puppy rockin'.... IMO! This is really great....if Ashlin did not see this as a good solid company....VNTN would have never gotten this capital, again IMHO!
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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Just a hunch here.....But, I really beleive this will pay off BIG TIME for all of us.....No one is selling....It's all gonna' come together. JMHO
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I am going to try and pick up some more to flip before Qbid starts its next run.... I figure $1400 will give me an extra 200K which at 0.014 will give me at least 1 million more shares of qbid....so....don't tell the bashers... but I will be getting my extra million shares qbid for $1400.... LOL!!!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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Ya stole my idea... here I'm trying to flip this over so I can finally get my million in here for qbid. ALAS, qbid made quite alittle pop today. Hope this happens soon so I jump back in...
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Yes... lol let's hope it goes before QBID. I bet when it does go... there will be a surge in QBID buying too as I suspect there are more than a handful of us out there that were looking at VNTN as a quick fund increaser with the hopes of putting more into the Q!
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lil!! Thank you for that post! I think it's bigger then I thought myself.
I heard the interview and basically this company will help other publically traded companies get to the next level of success and have more awareness.
That's huge itself because other companies will want to do business with VNTN if Venture Net has what they need.
The more they help other companies get going, the more VNTN will move up. I think that is why this stock has been trading more then it did months/years ago.
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Hey guys, I started a Board for VNTN over at IHUB. PM me so I can give you the link. Won't post here out of respect for allstocks. Or just go there and search the symbol.
The more of us that post there, the more that will find it.
-------------------- Charts are like artwork, it's the same painting to everyone but each person see's something different.
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Bullish Engulfing Pattern is a pattern characterized by a large white real body engulfing a preceding small black real body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. The Bullish Engulfing Pattern is an important bottom reversal signal.
Important Factors:
The relative size of the bodies in the first and second days is important. If the first day of the Bullish Engulfing Pattern is characterized by a very small real body (it may even be a doji or nearly a doji) but the second day is characterized by a very long real body, this strongly indicates that the bearish power is diminishing and the disparity of white versus black body is indicative of the emerging bull power.
There is higher probability of a bullish reversal if there is heavy volume on the second real body or if the second day of the Bullish Engulfing Pattern engulfs more than one real body (which essentially means we see two or more small black bodies preceding the long white body).
The reversal of downtrend needs further confirmation on the third day. This confirmation may be in the form of a white candlestick, a large gap up or a higher close on the third day.
-------------------- Charts are like artwork, it's the same painting to everyone but each person see's something different.
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Thanks for the updates on it guys. What's the consensus on a proper sale price? I have my limit set at .02, but I don't want to SELL myself short-lol-sorry for the bad pun....awesome website!
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With the way this puppy moves on volume I'll make estimates based on volume:
If the yearly average volume is 557k currently, I would say having volume averaging 1million+ will keep this pup over .02.
The 20 day average volume is now a little over 2 million so if that changes to over 3-4 million, then the price will get over .03.
My limit is set higher then .02 but I guess everyone has their preference.
Just look at the movement lately. It's not sporatic anymore, it's moving like a normal stock and the company is progressing forward.
quote:Originally posted by Tooka56: Thanks for the updates on it guys. What's the consensus on a proper sale price? I have my limit set at .02, but I don't want to SELL myself short-lol-sorry for the bad pun....awesome website!
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You mean the Market was closed today....I beat the heck out of my monitor for nothing? LOL
What holiday....Nobody gave me a present..... Oh......Presidents day?!!!! Hmmmm.........I can celebrate the presidents and go to the bank, play the market and buy stamps....Hmmm......Just don't get it.... Anyway.....May not be here at the open but, will be shortly after......See ya'll then...
This puppy has BOOOOOOM! written all over it....IMO Buckle up....
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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