I'm telling you folks, keep an eye on this one:
WAMEX Completes Form 8K and Becomes Fully-Reporting
NEW YORK--(BUSINESS WIRE)--March 16, 2000--WAMEX Holdings, Inc. (OTC BB:WAMX), an internet and technology company dedicated to creating and dominating an efficient alternative market and exchange for individual and institutional investors, today announced that the Company has successfully completed the acquisition of Conchology, Inc.
Russell Chimenti, CAO, stated, "In this transaction the Company has elected "Successor Issuer Status" under Section 13-G of the Securities and Exchange Act of 1934. Attorneys involved in the transaction have communicated to us that they filed the Form 8K on March 14th. This filing represents the first public filing for WAMEX. We want our shareholders to understand that this filing and disclosure represents a small step in the process of achieving higher standards of listing for our Company."
Mitchell H. Cushing, "Chairman and CEO, stated, "It is management's contention that the Company's improved listing status should create a more opportune investment environment and increased awareness for potential institutional investors. This increased awareness and opportunity should have an extremely beneficial effect for our present and future shareholders.
"We would like to thank our shareholders for their patience and confidence during this process and we want to assure shareholders that this is another step in our strategy to achieve greater awareness, liquidity, listing integrity and value," concluded Cushing.
The WAMEX lead product, the WAMEX Alternative Trading System (ATS), addresses one of the largest and most active industries worldwide. The proprietary system enables a community of self-empowered investors to consummate transactions more efficiently and at a lower cost.
Safe Harbor Statement: This release may contain certain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Actual events or results may differ materially from the Company's expectations.
CONTACT:
DeMonte Associates WAMEX Holdings, Inc.
Cynthia DeMonte Russell Chimenti
212-473-3700 718-677-4111 ext.154
KEYWORD: NEW YORK
BW1013 MAR 16,2000
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