Should be a great week for ABFG. Momentum is very strong going into Monday. Friday was a record volume day. Take a look at last PR which company released last week after LIVE video broadcast. What they have done to date is very impressive and what they are going to do which is outlined in PR is amazing and very exciting. We should see Form 10 soon which will silence a lot of naysayers and they will also be having a public technical briefing on May 15,99 to answer questions shareholders and potential investors will have concerning everything about the operations and the company. Also impressive is the strategic alliance with KANA whos stock is close to $3.00. Company has told me they are working on a deal which will put the value of the company at $5.00 per share on assets alone. Call the company and they will confirm this. The Toll free phone number is at the end of the PR along with email addresses and web site addresses to the company web page and the RODEO ISLAND INTERNET MALL.
Good post from Raging Bull :
ragingbull.com
ABFG announces Internet Online Auction on RodeoIsland.com During Live Internet Broadcast Held on Thursday Afternoon, April 8, 1999
PR Newswire - April 09, 1999 10:11
DEERFIELD BEACH, Fla., April 9 /PRNewswire/ -- American Benefits Group, Inc. (OTC Bulletin Board: ABFG) will hold its first live Internet Online Auction through its Internet Shopping Mall, RodeoIsland.com (www.rodeoisland.com) during the month of June, 1999. Featured items of the auction will include such collectibles as the classic Snow White(TM), released by THE WALT DISNEY COMPANY in 1937, which took nearly 10 years to make. The authentic original hand painted image from the production of this animation classic is considered to be in exceptional condition, as well as being extremely rare. Other such collectibles will be included in the auction. The classic Snow White, along with other collectibles, may be viewed in the Retail Outlet, ArtOnRodeo.com featured in the Internet Shopping Mall, RodeoIsland.com (www.rodeoisland.com).
"The live Internet Broadcast was jammed with viewers before the broadcast began and many visitors to the site were unable to view the live broadcast or were locked off the site." stated ABFG's President, Jerry G. Mikolajczyk. ABFG wishes to apologize to these visitors and has archived the Broadcast and will allow visitors to access the archived Broadcast by visiting either www.abfg.com or through the corporate section of www.rodeoisland.com.
A recap of the Broadcast is presented as follows:
* Announcement of Online Internet Auction of collectible art in June through RodeoIsland.com (www.rodeoisland.com)
* The online broadcasting station (ABFG-TV) has been tested
* Highlights of the address from Jerry G. Mikolajczyk, President of ABFG stated: "I am proud to report to you that we have established a very strong company with a very solid foundation." He further went on to report:
"We have:
* Established our Internet website shopping mall, RodeoIsland.com. (www.rodeoisland.com)
* We have established 4 retail outlets, TheGemStore.com, VirtualVitamins.com, AdventureandTravel.com, and ArtOnRodeo.com, with a 5th opening shortly
* We have built websites that has attracted over 1.2 million visitors to our shopping mall and our corporate website.
* We have achieved Gross Sales of $1,200,000.00 (unaudited) from all aspects of the business for the quarter ending March 31, 1999 with a high gross profit margin.
* We have delivered products to our clients
* We have delivered products to our shoppers
* We have manufactured websites
* We have built-up inventory
* We have placed crews in Madagascar proving up the reserves
* We are 90% complete with the filing of the Form 10
* Our financial position is very strong. Our financial balances will be published in our F10
* We have formed a strategic marketing alliance with Kanakaris Communications Inc.(OTC Bulletin Board KANA )
* We have an affiliation with Amazon.com.
"Here is what we are looking to accomplish in the 2nd and 3rd quarters:
* Complete the filing of the Form 10
* We will have phenomenal growth in our shopping mall. We are planning to
add another 8 to 12 retail stores in the Internet shopping mall
* We plan to increase our product lines in each store
* We plan to form additional strategic marketing alliances
* We plan to increase our asset base organically and through acquisitions
* We will be able to perform valuations of the company based on the
completed Form 10
* We will have a public Technical Briefing on May 15, 1999 to answer
questions shareholders and potential investors will have concerning everything
about our operations and our company
* We will charter a plane and fly to Madagascar 137 shareholders, bankers,
stockbrokers, and media personnel to demonstrate our mining real estate
properties and our mining production."
American Benefits' Mission is to enhance shareholder value through the development of profitable business operations.
American Benefits is an active and aggressive Company building and diversifying its portfolio through the development of new operations, the acquisition of profitable operations, the utilization of the most modern and advanced technology available and the maximization of the strengths of their employees.
For Further information on this news release or on the Company, please contact: Jerry G. Mikolajczyk, President, or Kelly Kellner, Investor Relations Telephone number: 1-888-533-4555. Info@abfg.com www.abfg.com
This press release contains forward-looking information within the meaning of section 27A of the securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the company claims the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Such forward-looking-statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that reserves, production, pricing levels or other factors pertaining to the mining, manufacturing and retail operations will be sustained at the expected rates or levels over time. Discussions of factors, which may affect future results, are contained in our recent filings. Under no circumstances does this Press Release constitute an offer to sell or a solicitation of an offer to buy the securities of the company described in this Press Release in which such offer, solicitation or sale of securities would be unlawful prior to registration, qualification or filing under the securities laws of any jurisdiction.
SOURCE American Benefits Group, Inc.
/CONTACT: Jerry G. Mikolajczyk, President, or Kelly Kellner, Investor
Relations, 888-533-4555, or Info@abfg.com www.abfg.com/
/Web site: abfg.com
/Web site: rodeoisland.com
(ABFG) |
