Comedy is good. But the reason I think this is a $2.00 stock is because this company has the potential to become a major beauty supplier on the net. A veritable superstore of beauty needs. They already handle over 8000 items at competative prices. Invest now. Invest big! This is the latest news posted on yahoo Tuesday September 26, 12:08 pm Eastern Time
Press Release
Beautymerchant.com to Significantly Expand Internet Presence With Development of Digital Branch Stores
Significant Revenue Growth Anticipated
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 26, 2000-- Beautymerchant Inc. (OTCBB: BUTY - news), a leading Internet retailer of cosmetics, fragrances and personal care products (http://www.beautymerchant.com/), announced today an agreement with eAccountable, based in Dallas, Texas, under which eAccountable will identify highly congruent digital marketplaces and integrate the Beautymerchant.com products and inventory into this form of e-commerce distribution model. eAccountable will provide Beautymerchant.com with a branded e-commerce solution at each digital marketplace.
``The agreement with eAccountable to develop digital branch stores for Beautymerchant.com paves the way for the Company to significantly extend and expand its Internet retail presence,'' stated Edward A. Roth, Chief Executive Officer of Beautymerchant.com. ``We believe that our huge selection of more than 8,500 highly popular brand-name beauty and personal care products for both men and women, guaranteed lowest prices, and expanded Internet presence, positions the Company to gain substantially greater market share resulting in significant revenue growth.''
The audience reach of these marketplaces is virtually 100% of all Internet users and includes distribution to over 70,000 Web sites. Beautymerchant.com products will initially be displayed in three of the Internet's largest digital marketplaces including Yahoo!Shopping, Active Shopper (Infospace), and zShops. eAccountible will soon be adding the Inktomi marketplace, which goes out to 40 portal sites with over 100 million visitors per month and generates over 3 million shopper clickthroughs per month..
In addition to its on-line retail operation, Beautymerchant Inc. operates Cleaning Express USA, a wholly owned subsidiary that provides home services in South Florida. Beautymerchant Inc. recently announced the development of Beautyworks, a chain of personal care salons designed for women at affordable pricing.
This press release may include statements that constitute`` forward looking'' statements usually containing the words ``expects'' ``believe'' ``project'' or similar expressions. These statements are made pursuant to the ``Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Forward- looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward -looking statements. The risks and uncertainties are detailed from time to time in reports filed by the company, with the Securities and Exchange Commission, including forms 8k, 10QSB, and10-KSB. These risks and uncertainties include, but are not limited to the following: Company's limited working capital, competitive nature of e-commerce, consumer acceptance of the Internet, legal uncertainties and changes in shopping trends.
Contact:
Beautymerchant.com Edward A. Roth, CEO 954/717-8680 x105 corp@beautymerchant.com or The Pinnacle Group Mark Cohen 516/773-2477 mailto:pnaclgrup@aol.com
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