posted
Saw this news yesterday Any comments? I own a bunch that Im down around 70%. Its nice to see some news on it anyways. At this point Im holding it even if it goes to .000000000000
Press Release Source: Venture Net Capital Group, Inc.
Venture Net Capital Group, Inc. Announces Plans to Open Beverage Distribution Center Tuesday June 14, 1:24 pm ET
TEMECULA, Calif.--(BUSINESS WIRE)--June 14, 2005--Venture Net Capital Group, Inc. (Other OTC:VNTN - News), announced today it plans to open a beverage distribution center. VentureNet Capital Group, Inc. is completing plans to open its own beverage distribution center in the Inland Empire of Southern California.
The distribution facility will be an economical 1,500 square feet, sufficient size to service retail customers in Riverside, San Bernardino, Palm Desert, Palm Springs, Banning and Beaumont with minimal staffing.
"Our research shows this will be a very profitable business model, which we hope to replicate in several areas in the near future," said Michael Brette of Venture Net Capital Group. "When fully operational, this facility will produce over $1 million in yearly revenue."
The facility will service over 4,000 retail accounts in the fast-growing Inland Empire area.
The facility will distribute the company's products including Buzzy's Coffee and Impact Water as well as tea, juice and energy drinks from other companies seeking to expand their distribution, according to a Venture Net Capital Group spokesman.
About Venture Net
Venture Net Capital Group, Inc. is a management company that provides marketing and consulting services to public companies. Our clients are offered expertise in areas such as promotional, publicity, sales and management consulting. We specialize in helping with funding public businesses that represent emerging growth opportunities as well as established companies that demonstrate potential for long-term capital growth.
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.
Posts: 58 | Registered: Feb 2005
| IP: Logged |
posted
lost money on this the last time it went up, easy to get in, a biotch to get out of
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| IP: Logged |
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
| IP: Logged |
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
| IP: Logged |
posted
VNTN VentureNet Capital Group, Inc. to Acquire an Equity Stake in Blaze Energy Drink Business Wire - December 13, 2005 8:43 AM (EDT)
TEMECULA, Calif., Dec 13, 2005 (BUSINESS WIRE) -- VentureNet Capital Group, Inc. (Pink Sheets:VNTN) announced today that it is negotiating to acquire an equity stake in Blaze Energy Drink.
Blaze Energy Drink is the new cutting edge of the energy drink market, positioned exclusively to service nightclubs, bars and other establishments that pour drinks using a fountain gun (commonly referred to as bag-in-a-box).
Blaze Energy Drink uses the same quality ingredients found in the market leaders in the energy drink category, but with a substantial cost savings to the customer.
Blaze Energy Drink is currently in 33 locations in the Chicago area, southern Wisconsin, northern Illinois, northwestern Indiana, South Bend, Indiana area and Iowa City, Iowa. Future locations for distribution include: Las Vegas, Nevada; South Beach, Florida; and Phoenix, Arizona.
Current year-to-date sales are $75,000.00 and 2006 sales projections are forecast to be $780,000.00 on the sale of 12,000 boxes.
About VNTN
VentureNet Capital Group, Inc. is a management company that provides marketing and consulting services to public companies. Our clients are offered expertise in areas such as promotional, publicity, sales promotions and management consulting. We specialize in helping with funding public businesses that represent emerging growth opportunities as well as established companies that demonstrate potential for long-term capital growth.
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.
SOURCE: VentureNet Capital Group, Inc.
VentureNet Capital Group, Inc. Michael Brette, 951-236-8473 www.vntrnet.com
Copyright Business Wire 2005
-------------------- ^..^ Posts: 3897 | From: New York | Registered: Jan 2004
| IP: Logged |
posted
This actually had some EOD volume. Might be worth putting on radar in case activity continues to grow. It had AH news last night....
Magicweb, Inc. Completes License Agreement Wednesday January 18, 5:34 pm ET
MASSAPEQUA, NY--(MARKET WIRE)--Jan 18, 2006 -- Magicweb, Inc. (Other OTC:MGWB.PK - News) announced today it has licensed for distribution Venture Net Capital Group, Inc. of Temecula, California (Other OTC:VNTN.PK - News) to sell, distribute and service their EnterVision(TM) Internet Broadcast server and software package. This is the first of many such agreements Magicweb expects to sign with distributors in 2006. A distribution agreement is licensed for a fee $450,000. This agreement will put Venture Net Capital in the spotlight with the premiere Internet-based broadcasting system for the 21st century. ADVERTISEMENT
Magicweb, Inc. is the developer of the EnterVision (TM) Broadcasting System, a proprietary, real-time broadcasting system for television delivery via IPTV (Internet protocol television transmission). The technology is similar to VoIP (voice over internet protocol), which provides the ability to make telephone calls over the Internet using conventional telephones. Unlike VoIP, however, there are no FCC regulations for the transmission of television or radio signals utilizing the IPTV format. And, unlike existing "streaming video" technology that utilizes packet-switched data transmissions and requires users to have dedicated programs to "play" video files, the EnterVision(TM) technology allows television broadcast quality 30.3 frames-per-second video to be transmitted on a real-time basis over a broadband Internet connection utilizing discrete JPEG files. Additional information on the company can be found at http://www.magicweb.com/.
The EnterVision (TM) system is software copyright and patent pending, which was created to replace satellite transmissions of video. The system is designed to transmit video from the source to home television. Other benefits of the broadcaster is the ability to broadcast, in real time, into any Java (TM) ready device without the need of a player or special software. Venture Net will be able to create a virtual television station or set up live video conferencing, among the many other uses for its broadcast.
About Venture Net
Venture Net Capital Group, Inc. is a management company that provides marketing and consulting services to public companies. Our clients are offered expertise in areas such as promotional, publicity, sales and management consulting. We specialize in helping with funding public businesses that represent emerging growth opportunities as well as established companies that demonstrate potential for long-term capital growth. Venture Net Capital Group, Inc. has extensive contacts in the broadcast industry and will be introducing the EnterVision technology.
Except for historical matters contained herein, the matters discussed in this press release are forward looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect Magicweb, Inc. and its subsidiary businesses and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are: Magicweb, Inc.'s operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms; and those risks discussed in the Company's filings with PinkSheets. Due to foreign distribution rights within the Canadian Network they cannot have their programming partners see this release until they have secured them all, therefore the identity of the network must remain confidential at this time.
Contact: Contact: Michael Brette Venture Net Capital Group, Inc. Tel: 951 236 8473 http://www.vntrnet.com
Kevin McDonnell Magicweb, Inc. Investor Relations Kmcdonnell*magicweb.com Tel: 514 807 5245 http://www.magicweb.com/
-------------------- ^..^ Posts: 3897 | From: New York | Registered: Jan 2004
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
