ONEF news
onefamily.com
Wednesday September 1, 6:30 am Eastern Time
Company Press Release
One Family Proposes Reincorporation Merger into Onefamily.com, Inc.
LITTLETON, Colo.--(BW HealthWire)--Sept. 1, 1999--One Family Investment, Inc. (OTC BB:ONEF - news), an Internet based health and wellness company www.onefamily.com announced today that the board of directors of the company has unanimously approved an Agreement and Plan of Merger that provided for the merger of the company with and into Onefamily.com, Inc., a Delaware corporation and wholly owned subsidiary of the company formed for this purpose.
The Board of Directors has recommended that the Reincorporation Merger be submitted to the company's stockholders for approval. Among other things, the board of directors believes that reincorporating the company will facilitate future capital raising activities, including a private placement currently being proposed.
Except for the historical information contained in this news release, the matters discussed are forward-looking statements that involve risks and uncertainties. When used in this release, words such as ''anticipate,'' ''believe,'' ''estimate,'' ''expect,'' ''intend,'' and similar expressions, as they relate to the company and its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the company's management, as well as assumptions made by, and information currently available to, the company's management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the impact of competitive products and pricing; capacity and supply constraints or difficulties; product development, commercialization or technological difficulties; the regulatory, reimbursement and trade environment; and the risk factors reported from time to time in the company's reports.
For more information and due-diligence, contact John Di Cicco, Phone: 604/684-2004 Fax: 604/689-2669.
--------------------------------------------------------------------------------
Contact:
One Family Investment, Inc.
John Di Cicco, 604/684-2004 |
