ECTS back from the grave....There are a few glaring mis-statements here, especially the beginning, ECTS is a pink sheet stock not an OTCBB one...The site is nothing special, just a collection of links to other web site, basically its a site devoted to affiliate programs. Its as if I made a geocities page and just signed up as an affiliate to all sort of other sites, to earn "commissions."
Buyer Beware of CRIMs like Tosto, Telegades, and Frusciante and companies like CTRN, ECTS, POLU, SMEK, IVHD!
ELECTRONIC TRANSFER ASSOCIATES, INC. ANNOUNCES THE OPENING OF
5/26/99 15:27
Marketoutlet.com
NEW YORK, May 26 /PRNewswire/ -- Electronic Transfer Associates, Inc. (OTC Bulletin Board: ECTS), a New York-based internet company, announces the opening of its website, Marketoutlet.com.
Marketoutlet.com provides the internet shopper the choice of shopping from a current total of 18 categories. Once a category is selected, the website is designed to present the shopper with a list of retailers within that category.
Some of the current retailers that can be found in marketoutlet.com
include Dell, Amazon.com, Barnes and Noble, Omaha Steaks, Cyberian Outpost, The Sharper Image and Swiss Army. Currently there are a total of 18 retailers. Additional retailers are expected to be added in the near future.
Revenues are derived from commissions given by the retailers to the Company when an internet shopper makes a purchase in the retail store. Marketoutlet.com intends to derive additional revenue from advertisements.
Marketoutlet.com can also build a website for a prospective retailer and charge a "fixed rent" on a monthly basis, as opposed to a sales commission.
Although management of the Company is optimistic about the future business potential for Marketoutlet.com, no representation can be made with regard to if or when marketoutlet.com will generate profits. This report is for informational purposes only and should not be construed as advice or as meeting the investment needs of a particular investor or designed to be the basis of any investment decision.
SOURCE Electronic Transfer Associates, Inc.
CONTACT: Electronic Transfer Associates, Inc., 212-588-9725, or fax,
212-588-9224/ (BTW, if you have caller ID blocked you cannot get through to these numbers!) |
