GTWY Good NEWS out today..DD'em early..
Here's the URL
biz.yahoo.com
Gateway Distributors LTD Acquisition Strategy
LAS VEGAS--(BUSINESS WIRE)--July 15, 2002--GTWY (OTCBB:GTWY - News) has announced that the company is pursuing several acquisitions in industry related business.
The company will expand its business to include network marketing, retail, and manufacturing. Rick Bailey, president/CEO said, "GTWY is positioning the company to bring wellness into the household through the use of nutritional products, create business opportunities, and have cost effective products in the market."
The company will concentrate on capturing market share and compete with companies such as: NuSkin (NYSE:NUS - News), Herbalife (Nasdaq:HERBB - News), and Wild Oats (Nasdaq:OATS - News).
GTWY
52-Week High: $1.95
52-Week Low: $0.015
Current Price: $0.0001
The company continues to identify opportunities to raise equity, which will be used to accelerate growth initiatives. To date, the company is reviewing several business purchase opportunities to determine the most favorable for both shareholders and the company. The company is projecting to have retail business in several locations over the next 12 months.
The momentum we established has created a great deal of interest in the industry, which will allow us our fair share of the market.
A number of statements contained in this press release are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing.
The actual results that GTWY may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
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Contact:
Gateway Distributors Ltd., Las Vegas
Rick Bailey, 702/938-9316 |
