Hey Big Tex/Jeff/Robert...
Need a little DD on this one if you have it...sounds like an
OTC version of NAMC...I gonna try to call then this week.
EUHI
Float about 1.9 mil.
Eurotronics Holdings Inc. Announces Acquisition
CAPISTRANO BEACH, CALIF. (June 2) BUSINESS WIRE -June 2, 1999-- Eurotronics Holdings Inc. (OTC BB: EUHI) (the "Company") hereby announces it has entered into a Letter of Intent that, when completed, will result in the acquisition of 100% of the shares of LegalOpinion.com Inc., a private Alberta, Canada company.
The assets of LegalOpinion.com Inc. are certain Internet domain names (LegalOpinion.com, legal-opinion.com, legalopinion.org), and the intellectual property rights, and business plan for providing legal opinions, referrals, and services for a wide range of legal issues utilizing the Internet as a means to efficiently and effectively deliver legal services.
The concept for the business of LegalOpinion.com is that individuals or corporations will outline legal questions and problems via e-mail. The e-mail inquiries will be directed to carefully selected lawyers in each State or Province. For example, the inquiry of a customer who has a legal problem in California will be directed to appropriate lawyers licensed to practice in the State of California. These lawyers will have been selected by the Company. The lawyers will then consider the e-mail inquiries and provide their legal expertise in preparing the responses. The charge is anticipated to be $39.95 for individuals and $69.96 for corporations. The answer will be delivered by e-mail within three days.
The obvious advantages to customers which will be provided by this business concept, are the speed of reply, cost-effectiveness, and selection of an appropriate and qualified lawyer.
For example, after the heavyweight fight in New York, Lennox
Lewis might have sent the following e-mail to LegalOpinion.com:
1. Should I sue? 2. Who should I sue? 3. Who should I use to sue?
Mindquake Software Inc. has entered into an agreement with LegalOpinion.com Inc. to develop its Web site and proprietary software. Mindquake is a world-class software development company based in Vancouver, B.C. specializing in Internet Software Solutions. The destination site LegalOpinion.com is expected to be operational in July 1999 and will be launched in conjunction with an International media campaign.
Additional information will be forthcoming outlining a patent application covering this concept, along with additional information of the unique features and advantages which will be offered through inexpensive, prompt legal opinions provided via the Internet.
The statements made by the company may be forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. The Company believes that its primary risk factors include, but are not limited to: the need for substantial financial requirements; the need to develop effective internal processes and systems; the ability to attract and retain high-quality employees; changes in the overall economy; changes in technology; the number and size of competitors in its markets; changes in the law and regulatory policy; and the mix of product and services offered in the Company's target markets. The Company believes that all information in this release has been obtained from sources considered reliable, but can't guarantee that the statements presented herein are accurate or complete.
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KM/np* JP/np
CONTACT: Eurotronics Holdings Inc., Utah
Brian Lovig, 250/861-9088
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED MERGERS/ACQ Today's
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