Internet Stock Market Resources, Inc. Announces Substantial Investment in New Technologies
ST. PETERSBURG, Fla., June 1 /PRNewswire/ -- Internet Stock Market Resources Inc. (OTC Bulletin Board: ISMR) has agreed to exchange a substantial interest in the Company for stock in a number of private and public companies controlled by Michael Brette and a private entity owned by him, VentureNet.com.
The Company has signed an agreement with Mr. Brette to contribute a majority of his ownership in over 15 companies including ATI Networks (OTC Bulletin Board: ATIW), The Hydrogiene Corp. (OTC Bulletin Board: HICS) and Choice Sport (OTC Bulletin Board: CHSP). The companies are involved in various emerging and new technologies, including GPS (Global Positioning System), Internet software applications, and web-based marketing.
Upon receiving shareholder approval, the company intends to change its name to VentureNet, Inc. and also intends to apply to change its trading symbol to VNDC. For information on VentureNet.com contact Tammy Billington in shareholder relations at 909-693-1644, vntrnet.com.
Mr. Brette is the Chairman and President of VentureNet.com, a private consulting, publicity, mentoring, and financing group that specializes in providing services for emerging growth companies and financing in management expertise to pre-public and public and merging growth companies that demonstrate high-growth potential. The focus of ISMR following Mr. Brette's purchase will be to bring together companies and value-seeking investors an opportunity for substantial returns while helping the most promising companies realize their visions for the future. The company will also assist early- stage companies in securing early-stage and first-round financing for consumer- and technology- based enterprises.
Upon the closing, expected in June, Mr. Brette will become the Chairman of the Board and President of ISMR. Mr. Brette noted, "This acquisition represents a very significant opportunity to both ISMR combining ISMR's structure with a synergistic effect of the products and personnel I will be adding. We are very excited about the future growth anticipated for ISMR's shareholders. What we see emerging with this unique opportunity is to produce the kind of management solutions which reduce costs and provide greater financial exposure for the future of both private and public companies."
Internet Stock Market Resources, Inc. is an information exchange and web destination of choice for investors, researchers, analysts, brokers, media, etc. to obtain rapid, up-to-date information on publicly traded companies. All information is supplied by the companies upon becoming a member of ISMR and paying necessary fees to ISMR. Stock information and related financial material is included by ISMR at no extra charge.
For information regarding Internet Stock Market Resources, Inc. contact Budd Morris, Pres., Ph: 727.896.9696, or e-mail morrisb@internestockmarket.com.
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SAFE HARBOR - Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward- looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.
SOURCE Internet Stock Market Resources, Inc.
/CONTACT: Budd Morris, President of Internet Stock Market Resources,
727-896-9696, or e-mail, morrisb@internestockmarket.com/ |
