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Microcap & Penny Stocks : WTAA - WTAA International

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To: Golf Pro6 who wrote (132)10/17/2000 1:52:22 PM
From: CIMA  Read Replies (1) of 151
 
Tuesday October 17, 1:45 pm Eastern Time
Press Release
SOURCE: WTAA International Inc.

WTAA Negotiating Major Acquisition to Qualify for Nasdaq Small Cap

LAS VEGAS, Oct. 17 /PRNewswire/ -- The Board of Directors is aggressively negotiating the strategic acquisition of a major California bottling company that will dramatically impact WTAA's (OTC Bulletin Board: WTAA - news) revenue base and present the Company with the opportunity to qualify for Nasdaq Small Cap in fiscal 2001. As a result, Mr. Bob Mueller has temporarily resigned from the Board of WTAA to remove any conflict of interest in these negotiations, given that he is the Chairman and an owner of the target company. WTAA's management team is very excited with recent developments achieved by Mr. Mueller's company, achievements that cannot yet be announced pending the conclusion of a formal Letter of Intent. It also looks forward to Mr. Mueller's return to the Company's Executive Committee.

WTAA is also pleased to announce the launch of its newly upgraded Website at www.wtaa.com.

WTAA INTERNATIONAL, INC. (pronounced WA-TAH) is poised to become a leading force within the North American bottled water and licensing industries. The company has developed an exciting marketing program for distributing its license and custom label small packaged bottled water products, and has a plan to consolidate of 5.0-gallon home and office bottled water companies throughout Western North America.

For Investor Relations contact, Andrew Rockandel at Jupiter Financial Services Inc.

Telephone: 877-280-WTAA (9822) Fax: 800-676-0067

Email: wtaa@jupitercapital.com Website: www.wtaa.com

SOURCE: WTAA International Inc.
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