BMKS More internet acquisitions in 2000 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : BMKS More internet acquisitions in 2000

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: jmhollen	11/23/2004 1:59:11 AM
	of 1453

Brandmakers Announces Change of Control and New Management 11/22/2004 3:52:45 PM MIAMI, Nov 22, 2004 (PRIMEZONE via COMTEX) -- Brandmakers, Inc. (Pink Sheets:BMKS) announced that new officers and directors of the company have been appointed to undertake a workout with creditors and seek new opportunities for the company. The new management team has purchased approximately 70 million shares from the prior management and has been issued 22 million shares by the company for its services. As a result, the new management owns approximately 92 million shares out of a total of approximately 152 million outstanding. The new directors, Frank Labrozzi, Jack Soler and Ted Benghait, have experience in turnaround of public and private companies, start-ups and venture financing during the last five years. Mr. Labrozzi, the new CEO stated, "We have had preliminary discussions with several large creditors of Brandmakers concerning our workout plans for the company which were encouraging enough for us to take our management and ownership positions at this time. However much restructuring remains to be done to put the company into a position to seek new opportunities and we look forward to working with the many parties whose cooperation is required to reach this goal." Cautionary note concerning forward looking statements. SOURCE: Brandmakers Brandmakers, Inc. Frank Labrozzi, CEO (305) 467.6699 flabrozzi@aol.com .

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next