TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SSP who wrote (9032)	9/3/1999 2:50:00 PM
From: LANCE B	Read Replies (1) of 150070

SYME- oh yeah one more... PLUS MORE DUE VERY SOON... (BSNS WIRE) Synergy Media Inc. Announces Acquisition of Internet Domains Synergy Media Inc. Announces Acquisition of Internet Domains medicaltalk.com and medicalhouse.com Business Editors INDIANAPOLIS--(BUSINESS WIRE)--Aug. 18, 1999--Dale W. Conrad, president and CEO of Synergy Media Inc. (OTC:SYME) announced today that SYME will expand with investments in Internet-based commerce and it has purchased medicaltalk.com and medicalhouse.com Internet domain names. In making the announcement, Conrad stated, "This is a breakthrough opportunity for SYME to expand its e-commerce business. SYME currently operates Government Payment Service Inc. (GPS). That company processes payments made to approximately 180 government agencies throughout the U.S. Individuals may pay by credit card while speaking to a live operator or via the Internet. The GPS processing business provides a good platform for expanding into a broader array of electronic commerce. We are examining a number of other Internet initiatives and expect to pursue a number of opportunities with proprietary technology and content." SYME expects to hire a staff and work with physicians and other medical authorities to develop the site. Separately, SYME restructured its arrangement with GPS whereby it will own a 51 percent stake in the company and Conrad will retain 49 percent. Conrad tendered 6 million shares of his SYME holdings in this transaction. At the present time, there are approximately 30 million shares of stock committed or outstanding in SYME. The company is not profitable, has significant liabilities and certain litigation. There can be no assurance the company will obtain sufficient capital to fund its operations or to satisfy outstanding liabilities and other

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next