This may be of some interest to everyone.
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August 10, 1999 08:19
4,552,751 Shares Repurchased by Go Call, Inc., Decreasing
Number of Shares Outstanding for Go Call Inc. by 23% to
15,414,551
NEW YORK--(BUSINESS WIRE)--Aug. 10, 1999--Go Call Inc. (OTC BB:GOCA), (www.goca.com),
announced today that it has repurchased the 4,552,751 restricted shares that were issued to the
former 92% shareholders of Country Star Restaurants, Inc., in exchange for their Country Star
common stock.
The repurchase and cancellation of these shares will decrease the total number of shares issued
and outstanding of Go Call by 23% to 15,414,551 from 19,967,302. Go Call will maintain its
ownership of 92% of the common stock of Country Star after this transaction.
Go Call is an Internet and E-commerce company focused on the Internet entertainment industry. Its services include management of online gaming, internet kiosks, banner advertising and the development of a comparison shopping search engine.
Some paragraphs of this news release, particularly those describing Go Call's strategies and business plans, contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange of 1934, as amended. While Go Call is working to achieve those goals, actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including difficulties in marketing their products and services, need for capital, competition from other companies and other factors, any of which could have an adverse effect on the business plans of Go Call, its reputation in the industry or its expected financial return from operations. Factors such as these could have an adverse effect on Go Call's results of operation. In light of significant uncertainties inherent in forward looking statements included herein, the inclusion of such information should not be regarded as a representation by Go Call or any other person that the objectives and plans of Go Call will be achieved.
CONTACT: Go Call Inc.
Investor Relations
800/448-2296
ir@goca.com
www.goca.com |
