Jim, I think UVGI is a STRONG BUY because of the current price level and the APRIL TARGET EVENT (!). Please read this news carefully.
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Tuesday March 21, 10:01 am Eastern Time
Company Press Release
SOURCE: United Ventures Group, Inc.
United Ventures Group Announces Profits on 1999 Revenues of $10.6 Million
NEW YORK, March 21 /PRNewswire/ -- Isaac Nussen, CEO of United Ventures Group, Inc. (OTC Bulletin Board: UVGI - news), announced today the release of preliminary financial performance for the year ended December 31, 1999. The Company has posted revenues in excess of $10.6 million dollars from its core business of jewelry manufacturing and distribution. Based upon the preliminary result subject to the final audit, United Ventures Group, Inc. showed a moderate gain from fiscal year 1998 financial results. More financial information on profitability will be released when the final audited financials are completed.
``We are extremely pleased with the Company's performance in 1999 and look forward to the coming year as we expand into the e-commerce marketplace. The unveiling of www.ElegantChoice.com is on schedule for late April, 2000,' stated Isaac Nussen, CEO, United Ventures Group, Inc.
About United Ventures Group Incorporated
United Ventures Group, Inc., a Delaware corporation, through its wholly owned subsidiaries, is a jewelry designer, manufacturer, and distributor. The Company's product line includes a wide assortment of 14-karat gold jewelry along with the newly added diamond and pearl jewelry lines. The Company is currently seeking to align itself with major Internet marketing and advertising entities to increase the brand awareness and drive traffic to its site. |
