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News for 'DCUT' - (Warner International Networks Corp. Announces Acquisition of Extend A Pop, Inc.)
TAMPA, FL, Sep 19, 2005 (MARKET WIRE via COMTEX) -- Warner International Networks' (OTC: DCUT) Chief Executive Officer, Jeff Kompon, announces the acquisition of Extend A Pop, Inc. (www.extendapop.net), a leading technology innovator of online portal systems, for a promissory note of $350,000 Canadian dollars.
"We are very excited with the acquisition of Extend A Pop," said Mr. Kompon. "With the many cutting edge technologies under our roof, we believe our vision and outlook will bring Extend A Pop to a growth level which will enable us to possibly add more valuable assets to our balance sheet.
"Additionally, I am pleased with the speed and professionalism of the executives on both sides during this transaction."
Extend A Pop (EAP) is an Internet technology innovator in the communication portal systems industry. Extend A Pop, for the last six years, is a pioneer in the Virtual Internet Service Provider (VISP) Industry and has evolved its platform to enable Affinity Groups, Non-Profit companies, Associations and Corporations the ability to directly communicate with their base members while reducing costs and maximizing profits. These proprietary technologies, although they are not patented, are marketed as strong partnerships and have kept EAP as a participant, in an industry still under development, with what we believe to be the most robust portal system in the industry.
For further information contact Pierre Quilliam or Jeff Kompon, #941-761-7848 and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127.
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
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I havn't looked at the time line as of yet, but figure this might be on the right trail.. http://ftp.thegroup.net/sports.jsp?x=000&id=104 "It was a change in accounting procedures that caused the budgetary strain on the hapless DICUT Corporation. According to Kalra, he was forced to list shareholder and employee stock options as expenses, which accounts for the dramatic increase in net losses. "
quote:betting babe - posted September 19, 2005 13:44 anyone know why this tanked in the 1st place? ~BB
-------------------- Just because you can't see it doesn't mean its not there! Posts: 146 | From: FLOATING | Registered: Feb 2004
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Also from the same link http://ftp.thegroup.net/sports.jsp?x=000&id=104 "Additionally, the MISL ignored Kalra's previous business history that is racked with corruption and financial disasters. As former CEO of DICUT Inc., an advanced security solutions provider, Kalra took a beleaguered organization and sent it spiraling downward to the point where it had a net loss of $7.75 million, compared to $54,000 before Kalra took over. "
-------------------- Just because you can't see it doesn't mean its not there! Posts: 146 | From: FLOATING | Registered: Feb 2004
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Lot of buying taking place. 17 mil in buys with a 10 day avg. of 7.5 mil.
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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Lets keep our fingers crossed Clyde.I agree there usually is buying when news is ready to come out.Maybe a profitable quarter.
Posts: 1086 | Registered: Oct 2005
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I just bought 1 mil for the heck of it. Can't get much lower. It's a gamble but then so are all the pinkies.
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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someone just sold 80,000 shares at .0001 - what's the point of that? They paid more in commission than they made. What a hoot.
Posts: 1271 | From: Sincinnati , Ohio | Registered: Feb 2005
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I've said it before, but I'll repeat it. Someone correct me if I'm wrong. DCUT they would pay for some of their acquisitions with shares. I worked out the numbers a while back and it came out to be billions of shares that DCUT would give in exchange. This is not something to take lightly. Best luck to those here. I'll give it a rest now (until a new thread pops up).
-------------------- If you don't sweat the pennies, you're not making any money. Posts: 2218 | Registered: Feb 2005
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BRADENTON, FL, Oct 07, 2005 (MARKET WIRE via COMTEX) -- Warner International Networks. (OTC: DCUT) Chief Executive Officer, Jeff Kompon announced today the agreement between its newly acquired Extend A Pop, Inc. (www.extendapop.net), and PureSpeed Plus, an Internet connectivity provider (www.purespeedplus.com).
PureSpeed Plus will provide nationwide Internet access to Extend A Pop, while deploying Extend A Pop's technology to Pure Speed Plus' existing and future client base.
"We are pleased to have a close working relationship with such a reliable and professional company like PureSpeed Plus," stated Mr. Kompon. "Our close working relationship will not only give exposure to our technologies, it will allow Extend A Pop to offer more aggressive pricing while increasing our bottom line."
Chris Cicolini, PureSpeed Plus' VP of Business Development also commented on the agreement, "We are pleased that through Extend A Pop we are now able to offer our clients a set of extraordinary new tools that will help them manage their business more efficiently and effectively." Cicolini continued, "Extend A Pop's robust software platform will be invaluable as we strive to continue to support our clients' varying needs."
For further information contact Pierre Quilliam or Jeff Kompon, #941-761-7848 and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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