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Subj: Todays top headlines on OTCNN Date: 6/19/00 11:23:34 AM Eastern Daylight Time From: info@otcnn.com To: Floyd3491@aol.com (Floyd Schneider)
June 19, 2000
Today?s top headlines on OTC News Network (OTC BB: HITD):
-- Why doesn?t somebody do something about the way Market Makers short OTC Bulletin Board stocks and drive down their price? In its ponderous way, the Secutities and Exchange Commission IS doing something. It has proposed to extend its short sale regulation Rule 10a-1 to OTCBB stocks ? but don?t hold your breath. Full story: otcnn.com
-- The improved availability and affordability of quotation systems providing ?Level 2? access has allowed traders and investors to make increasing use of this valuable feature when trading NASDAQ and OTCBB securities. Unfortunately, it is also a Arena for market maker manipulation. Full story: otcnn.com
OTC News Network is the leading daily online news resource focusing exclusively on providing unbiased and reliable news and information on companies listed on the Over-The-Counter Bulletin Board (OTC BB) stock market. For more information on OTC News Network, visit www.otcnn.com.
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Reliant Interactive Media Corp. Retains Merger Communications to Direct its Media Relations Program
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Story Filed: Monday, May 22, 2000 10:55 AM EST
TAMPA, Fla., May 22, 2000 (BUSINESS WIRE) -- Reliant Interactive Media Corp. (OTCBB:RIMC) announced today that it has retained Merger Communications Inc. of Houston to design and execute its media relations program. Merger Communications, one of the nation's fastest growing media relations/investor relations firms, focuses on small and mid-cap publicly traded technology companies ensuring that the proper information flows to the media and the financial community.
"Merger Communications has a great reputation as a public relations firm that really knows how to get a company noticed by both the media and financial community. Merger is one of a select group of financial media relations firms that specializes in working with hi-tech, telecommunications and Internet-related companies, making them the natural choice for us. A review of communications released by Merger shows their proven ability to translate complex technical concepts and issues into plain English. Merger also specializes in using the Internet to its fullest extent to reach its audience. These strengths will greatly assist us in our mission to educate our existing client base, our potential customers, the media and the investing public on the progress of Reliant," says Kevin Harrington, chairman and CEO of Reliant Interactive Media.
"We look forward to working with Reliant," states David Drake, executive vice president of Merger Communications. "They are a company with a unique position within their industry and easily fit the bill as the kind of dynamic company Merger likes to represent. We look forward to helping them tell their stories to an ever-increasing audience."
Merger Communications' client references include companies such as 2Infinity.com (formerly Lakota Technology) (OTCBB:TWIC), MyWeb (AMEX:MWB), Houston InterWeb Design (OTCBB:HITD), Nevada Gold & Casinos (OTCBB:UWIN) and Accesspoint Corporation (OTCBB:ASAP). For more information on Merger, please visit their web site www.mergerusa.com.
About Reliant Reliant Interactive Media Corp is a multimedia direct marketing company that sells computers, consumer electronics and other products. These products are primarily sold via long-form television commercial productions and through their Internet Web site ( www.AsSeenOnTVpc.com). The company was founded in July of 1998 and is run by brothers Kevin and Tim Harrington, who have advanced the concept of interactive product selling through their television productions and Web site.
Merger Communications Inc., founded in 1991, is a rapidly growing international media relations firm that specializes in helping small and mid-size companies establish their images and build greater awareness through the dissemination of information to the media and the investment community. Through its dynamic investor and financial media relations services, the Houston-based firm has built a solid reputation as one of the premier agencies in the market today.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information 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, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Reliant Interactive Media Corp. (the Company) to differ materially from those expressed or implied by such forward-looking statements. (Such factors include, among others, the risk factors contained in the company's Annual Reports and other filings with the Securities and Exchange Commission.) In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. The Company will remain dependent upon future financing for its growth and development, and for it to successfully implement its business plan. No statement contained herein should be construed as indicating that such financing is or will be available, and if available, will be on terms favorable to the Company. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof. Merger Communications (Merger) is a media relations firm employed by the Company. Merger and the Company believe that all information in this release has been obtained from sources considered reliable, but cannot guarantee that the statements presented herein are accurate or complete. According to the long-term agreement between Merger and the Company, Merger's compensation for its financial media relations services, which includes the preparation and distribution of press releases, consists of $5,000 cash and 2,850 shares of the Company's restricted stock per month for the period ending 5/15/01. Merger typically has a long position in the securities of the companies in which it publishes information, and Merger may be buying or selling securities in the course of its regular business. For more information on Merger's services, visit www.mergerusa.com.
CONTACT: Merger Communications, Houston David Drake, 713/572-2560 (Investor inquiries) ddrake@mergerusa.com or Theresa Rasmussen, 713/572-2560 (Media inquiries) trasmussen@mergerusa.com
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