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

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To: Due Diligence who wrote (9330)9/10/1999 5:17:00 PM
From: SSP  Read Replies (2) of 150070
 
Yes, hope they file on time too - 8/06/99 - Calendar Capital, Inc. Reorganizes

MINNEAPOLIS, Aug 6, 1999 (BUSINESS WIRE via COMTEX) -- Calendar Capital, Inc. (OTC BB:CCAP ) announced that the company is being reorganized and new management has been elected for the purpose of recapitalizing the corporate shell in order to merge with a private Internet incubator company.
Paul D. Crawford, the new chairman of the board of directors and chief executive officer, stated that funds are being provided to bring the corporate financial statements current, to make the necessary filings with the Securities and Exchange Commission, and to effect stock transfers through Northwest Stock Transfer. By mid- to late September, the Company intends to seek shareholder approval for a merger with Internet Holdings, Limited, a company currently developing several Internet concepts.

Terms of the merger have not been set.

Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Calendar Capital, Inc., Minneapolis
Paul D. Crawford
(612) 676-1436


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