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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC.

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To: DoubleOddBuck who wrote ()5/17/2000 5:56:00 PM
From: James E Lynch  Read Replies (1) of 4128
 
(COMTEX) B: American Benefits Group, Inc. Files Amended Form 10-SB
B: American Benefits Group, Inc. Files Amended Form 10-SB

DEERFIELD BEACH, Fla., May 17, 2000 (BUSINESS WIRE) -- American Benefits Group,
Inc. (ABFG)(OTCBB:ABFG) has filed an amended Form 10-SB Registration Statement
to become a fully reporting company with the Securities and Exchange Commission.

The Form 10-SB/A has been filed electronically on EDGAR which is the electronic
repository for public company reports. ABFG will file all subsequent reports
such as 10QSB, 10KSB and 8K in this manner.

American Benefits' Mission is to enhance shareholder value through the
development of profitable business operations. American Benefits is an active
and aggressive Company building and diversifying its portfolio through the
development of new operations, the acquisition of profitable operations, the
utilization of the most modern and advanced technology available and the
maximization of the strengths of their employees.

This press release contains forward-looking information within the meaning of
section 27A of the securities Act of 1933 and section 21E of the Securities
Exchange Act of 1934 and is subject to the Safe Harbor created by those
sections. This material contains statements about expected future events and/or
financial results that are forward-looking in nature and subject to risks and
uncertainties. For those statements, we claim the protection of the safe harbor
for forward-looking statements provisions contained in the Private Securities
Litigation Reform Act of 1995 and any amendments thereto. Such forward looking-
statements by definition involve risks, uncertainties and other factors which
may cause the actual results, performance or achievements of the company to be
materially different from the future results, performance or achievements
expressed or implied by such forward- looking statements. In particular, there
is no assurance that reserves, production, pricing levels or other factors
pertaining to the mining, manufacturing and retail operations will be sustained
at the expected rates or levels over time. Discussions of factors, which may
affect future results, are contained in our recent filings.

Under no circumstances does this Press Release constitute an offer to sell or a
solicitation of an offer to buy the securities of the company described in this
Press Release in which such offer, solicitation or sale of securities would be
unlawful prior to registration, qualification or filing under the securities
laws of any jurisdiction.

CONTACT: American Benefits Group, Inc.
Jerry G. Mikolajczyk or Dan Forigo, 888/533-4555
Fax: 877/305-4171
Info@abfg.com
www.abfg.com

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Distributed via COMTEX.
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KEYWORD: FLORIDA
INDUSTRY KEYWORD: MINING/METALS
SOFTWARE

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