San Diego Soccer Development Corp. Shareholders Approve Roller Coaster
Inc. Merger
SAN DIEGO, Dec 28, 1999 (BUSINESS WIRE) -- The San Diego Soccer
Development Corp. (SDSDC) d.b.a. the San Diego FLASH Soccer Club,
announced today that it has received majority approval from
shareholders to finalize its merger agreement with Roller Coaster Inc.
(ticker symbol RLLC - OTC pink sheets).
It is anticipated that the merger will be complete and final within the
next ten business days, thus making the San Diego FLASH the only
publicly traded soccer franchise on a U.S. stock market. As part of the
terms of the merger, once it is finalized, Roller Coaster Inc. will
change its name back to San Diego Soccer Development Corp. (SDSDC) with
the proposed new ticker symbol SCCR (OTC-Pink Sheets).
"We are excited about the prospect of being a publicly traded company
and we are looking forward to starting the new year as a public
entity," stated SDSDC President and CEO Yan Skwara. "We will begin the
process of the name and symbol change immediately and anticipate having
the process completed in early January."
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995: The statements contained herein which are not historical
are forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially from
those expressed in the forward-looking statements, including, but not
limited to, certain delays beyond the company's control with respect to
market acceptance of new technologies or products, delays in testing
and evaluation of products, and other risks detailed from time to time
in the Company's filings with the Securities and Exchange Commission.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
CONTACT: San Diego Soccer Development Corp.
Mr. Yan Skwara, 858/581-2120
www.sdflash.com
sdflash@aol.com
or
Stock Enterprises
Jim Stock, 702/614-0003 (investors)
WEB PAGE: businesswire.com
GEOGRAPHY: CALIFORNIA
INDUSTRY CODE: ENTERTAINMENT
SPORTS
MERGERS/ACQ
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