Hitsgalore.com Engages New Auditing Firm
PR Newswire - September 02, 1999 14:32
RANCHO CUCAMONGA, Calif., Sept. 2 /PRNewswire/ -- Hitsgalore.com, Inc.
(OTC Bulletin Board: HITT) announced
that it has engaged the firm of Pender Newkirk & Company -- Certified Public
Accountants. The initial tasks to be undertaken
by the firm will be to audit the consolidated financial statements of Systems
Communications Inc. (as the Company was known
prior to its March 1999 merger with Hitsgalore.com) as of December 31, 1996, 1997
and 1998 and for the years then ended.
Steve Bradford, CEO of Hitsgalore.com, expressed, "We are pleased to make this
announcement and we hope the firm will
have the re-audits complete as soon as possible. The Company will now press hard in
its efforts to move away from the OTC
Bulletin Board."
Bradford continued, "We are also excited about our recent partnership allowing us to
offer free music CD's from our website.
We expect to launch the new music technology, and the new site design, sometime
between now and the first of the week."
Through its sponsored Portal Services members will be able to select any 5 Billboard
HITS(TM) Free, and only pay a small
shipping and handling cost billed to them after they receive their free CD in the mail.
Hitsgalore.com operates a website as hitsgalore.com, with a unique business
model of giving away free banners,
lifetime banner placement, Billboard HITS(TM) CD's, and other Portal Services. The
Company generates revenue from its
Keyword Bid & Rank program, sponsorships of Portal Services, and Local City
Editions featuring local content.
Hitsgalore.com strives to provide porn-free searching and does not accept or encourage
any porn or adult-content listings on
its site.
Statements in this press release other than historical facts are "forward-looking"
statements within the meaning of Section 27A
of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and
as that term is defined in the Private
Securities Litigation Reform Act of 1995. Hitsgalore.com, Inc. intends that such
statements about the Company's future
expectations, including future revenues and earnings, and all other forward-looking
statements are subject to the safe harbors
created thereby. Since these statements (future operational results and sales) involve
risks and uncertainties and are subject to
change at any time, the company's actual results could differ materially from expected
results.
SOURCE Hitsgalore.com
/CONTACT: Danny Gavin, Investor Relations of Hitsgalore.com, Inc.,
800-300-5388, investor@hitsgalore.com/
/Web site: hitsgalore.com
(HITT)
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HITSGALORE.COM INC (OTC:BB: HITT)
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