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Technology Stocks : PNLK..ProNetLink..Facts Thread

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To: xyz who wrote (248)2/15/2000 5:39:00 PM
From: xyz  Read Replies (1) of 291
 
SEC INFORMS PRONETLINK.COM THAT ITS FORM 10 REGISTRATION STATEMENT IS COMPLETE
-For release Feb 15, 2000

--Will Facilitate Stock Trading in U.S.--

FOR IMMEDIATE RELEASE

NEW YORK, February 15, 2000 – ProNetLink.com (OTC Bulletin Board: PNLK), the Global Trade Internetwork, today announced that the U.S. Securities and Exchange Commission (SEC) has informed the Company that its Form 10 registration statement is complete. While ProNetLink.com has been a fully reporting company since August of 1999, the completion of the Form 10 makes ProNetLink.com fully compliant with the OTC Bulletin Board's registration requirements.

The company has contacted the compliance division of the OTC Bulletin Board, and has initiated the process to remove the letter “e” from the company's symbol on the exchange. Based on the company's

discussions with the OTC Bulletin Board, the company expects that its symbol will appear without the letter “e” within the next few trading days.

“It has been quite an interesting and time consuming process completing this registration statement but it is now behind us and we can once again focus completely on building our Global Trade Internetwork” commented Glenn Zagoren, Chairman of ProNetLink.com. “This step moves ProNetLink.com closer to its objective of listing its stock on a major U.S. stock exchange” added Jean Pierre Collardeau, President of ProNetLink.com.

The ProNetLink.com symbol is PNLK.

About ProNetLink.com

ProNetLink.com, The Global Trade Internetwork, is a comprehensive business-to-business

E-commerce portal designed specifically for the international trade community. In addition to locating potential markets and trade partners, ProNetLink.com members may conduct business functions online, participate in live trade event netcasts, communicate in real-time with trading partners. Designed to support Small and Medium Sized Enterprises (SME's) with exporting and importing of products and services, the site provides online tools for procurement, logistics, finance, insurance, certification, shipping, regulations and critical trade information and resources necessary for the continued growth of their businesses.

ProNetLink.com also features PNL-TV, the Internet's first trade news broadcast network.

PNL-TV broadcasts a live newscast Monday through Friday at 11:00AM EST featuring current global trade issues, interviews with government and international business leaders and reports from correspondents from around the world. PNL-TV can be accessed through the ProNetLink.com home page or by visiting www.PNLTV.com.

Headquartered in New York City, ProNetLink.com maintains sales offices throughout the world. For more information, please contact ProNetLink.com at (212) 688-8838, email: info@pronetlink.com. ProNetLink can be reached online at pronetlink.com.

ProNetLink.com is publicly traded on the NASDAQ exchange OTC Bulletin Board: PNLK (PNLK.OB).

This release contains, in addition to historical information, forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect ProNetLink.com's current judgments of those issues. However, because those statements are forward-looking and apply to future events, they are subject to risks and uncertainties, which could cause the Company's results to differ materially.
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