MORE TVCP NEWS FROM YESTERDAY
also word from RAGING BULL is they will have a deal with MCI
MIAMI--(BUSINESS WIRE)--Nov. 15, 1999--(NASD OTC/BB symbol - TVCP) Michael Zwebner, company chairman announced this morning that; "A purchase buy-out of 1.5 million shares and options was agreed on Friday 12th November whereby one shareholder (a previous consultant) has agreed to sell his entire holdings to an investment group who have committed to a long term hold. This 1.5 million share and option buy out is set to close no later than Wednesday November 17th"
Talk Visual Corporation (OTC BB:TVCP) is a pioneer in the video teleconferencing and video e-mail industry. It is continuing to develop globally distributed retail facilities to accommodate the growing video-communications needs of two key market segments: businesses and expatriate ethnic populations. Talk Visual can be reached toll-free at 1-877-22VIDEO within the United States, or at 305 572-0575 from abroad.
A list of all the company's videocalling shops is available on the company's website at www.talkvisual.com. The site describes continuing international operations and also allows visitors to order a regular monthly mailing of the company's impressive full-color newspaper. The fourth year end edition of the newspaper will shortly be available.
Except for historical information contained herein, the statements in this release (including without limitation, statements indicating that the company "expects," "estimates," "anticipates," or "believes" and all other statements concerning future financial results, product offerings or other events that have not yet occurred) are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Additional information on these and other factors are included in the company's Form 10-KSB for the Fiscal Year ended Dec. 31, 1998, as filed with the Securities and Exchange Commission.
CONTACT:
Talk Visual Corporation
Jennette Vega, 305/572-0575 |
