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Technology Stocks : ISMR an OTC for long?

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To: SCOOBEY-DO who wrote (76)6/14/2000 12:01:00 PM
From: SCOOBEY-DO  Read Replies (1) of 81
 
nternet Stock Market Resources, Inc. Changes Name To VentureNet, Inc. and its Ticker Symbol to VNDC

ST. PETERSBURG, Fla., June 14 /PRNewswire/ -- Internet Stock Market Resources, Inc. (OTC Bulletin Board: ISMR), a Delaware corporation, announces the change of the Company's name to "VentureNet, Inc." The name change, together with a new ticker symbol (VNDC), will be effective upon regulatory approval.

Anastasios Kyriakides, chairman, stated, "We believe that our new name, VentureNet, and ticker symbol, VNDC, communicates our new attitude and approach to the future direction of the company."

The company also announced that it is suspending the effectiveness of its form SB-2 Registration Statement pending the completion of the anticipated stock exchange transaction with Michael Brette.

Brette is the chairman and president of a private consulting, publicity, mentoring and financing group that specializes in providing services for emerging growth companies and management expertise to pre-public and public and financing growth companies that demonstrate high-growth potential. The focus of ISMR following 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 start-up and first- round financing for consumer- and technology-based enterprises.

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.

Safe Harbor Statement

The foregoing news release may include numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The Federal securities laws provide a limited "safe harbor" for certain forward-looking statements. Forward-looking statements in this news release relating to product development, business prospects and development of a commercial market for technological advances are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with new business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.

Contact:

VentureNet, Inc.
Temecula, Calif.
Tammy Billington, Shareholder relations, 909-693-1644
E-mail: office@vntrnet.com

Internet Stock Market Resources, Inc.
Budd Morris, President, 727-896-9696
E-mail: morrisb@internestockmarket.com.

SOURCE Internet Stock Market Resources, Inc.

/CONTACT: Tammy Billington, shareholder relations, VentureNet, Inc.,
909-693-1644, or e-mail, office@vntrnet.com; or Budd Morris, president,
Internet Stock Market Resources, 727-896-9696, or e-mail,
morrisb@internestockmarket.com/

/Web site: internetstockmarket.com /
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