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NEWS NEWS NEWS Aktien werden um 40% über dem gegenwärtigen Kurswert gekauft! 2004-02-10 06:00 ET - News Release SAN LUIS OBISPO, CA -- (MARKET WIRE) -- 02/10/04 Carol Slavin, President of 12 to 20 Plus, Incorporated (OTC BB: TTTP), (Berlin Bourse:TVZ), today announced that it has entered into a stock purchase agreement with Venture Capital Resource, Ltd, a private firm to buy 400,000 newly issued shares of its common stock, restricted pursuant to Rule 144, at a purchase price of $.15 per share, resulting in net proceeds to the Company of $60,000. The transaction was funded and effective 12/31/03. Said Jay Smith, President of Venture Capital Resource, Ltd, "We have had an on-going relationship with 12 to 20 Plus in another capacity as their representative in the Mergers & Acquisitions sector and feel confident this will be a successful enterprise. Our agreement is to fund the company on a best efforts basis an additional $440,000 over the next 90 days." The net proceeds of the offering will be added to working capital and used for general corporate purposes. The company may also use a portion of the net proceeds to fund acquisitions of complementary businesses, products or technologies. However, 12 to 20 Plus has no present understandings, commitments or agreements to enter into any such potential acquisitions. morchel |
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| aus der Diskussion: | TTTP =Tausend Tausend Tausend Prozent? |
| Autor (Datum des Eintrages): | morchel (10.02.04 14:41:06) |
| Beitrag: | 10 von 27 (ID:12107430) |
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