HouseHold Direct Continues Its Web Based CEO Interviews to Update Shareholders
NEW YORK--(BUSINESS WIRE)--March 19, 2001--HouseHold Direct.com, Inc. (OTCBB: BYIT - news). HouseHold Direct has released the second in a series of web-based interviews to update shareholders regarding recent corporate developments and the forward going plans for the Company.
The interview contains a discussion of the following key elements:
1) Status of the SB-2 Registration with the SEC.
2) Update on the timely filing of the Form 10-K.
3) Restructuring of the management team and the corporate
organization.
4) Preparations for the establishment of the Board of Directors.
5) Revision of the web site launch plan and its incorporation into
the consolidation and expansion strategy.
Additionally, Mr. John Folger, CEO, addresses the direction the Company will take following approval of its SB-2 Registration, and the completion of financing arrangements under its previously announced $10 million commitment. He also discusses an enhanced approach to revenue development which combines the consolidation of acquired private buying club operations with regionally strategic company sponsored showcase facilities.
Importantly, Mr. Folger discusses the manner in which the corporate reorganization plan will assure that the Company is on the most solid financial and management foundations possible.
This interview can be heard through two web site services located at MarketMarquee.com and PennyStockPortal.com.
About MarketMarquee.com
MarketMarquee.com's purpose is to gain exposure for companies through the web site and newsletter. The web site offers free interviews with CEO's of public and private companies. It is the goal of MarketMarquee to become one of the most recognized stock related web sites on the web. Clients are provided with different levels of services including company profiles, massive investor awareness campaigns or full Investor Relations.
About HouseHold Direct -
The mission of HouseHold Direct is to empower consumers by creating the largest and most powerful private wholesale consumer-buying network in the world. HouseHold Direct is pursuing a market consolidation strategy within the wholesale membership industry through its ``brick and mortar'' shopping platform. Central to this strategy is the ability to offer direct manufacturer and distributor pricing under the unique ``cost plus handling'' business model. Coupled with extensive information, merchandise expertise, fulfillment capabilities, in-home delivery and quality customer service, this superior personalized shopping environment and consumer experience creates the compelling incentive to membership and underscores the company slogan ``The Art of Living Much Better for Less''.
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 Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
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Contact:
HouseHold Direct.com, Inc.
infohhd@HouseHoldDirect.com
householddirect.com
- or -
Investor Relations:
SmartStockAdvisor.com
Brian Connolly, 877/643-8821
smartstockadvisor@yahoo.com
Disclaimer: SmartStockAdvisor is a compensated agent of HouseHold Direct.com, Incorporated. Please see the following link for the complete disclosure:
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