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Microcap & Penny Stocks : Patrick's Penny Players' Paradise

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To: Warlock who wrote (87)7/30/1998 6:33:00 PM
From: Srini1  Read Replies (1) of 275
 
Patrick,
QTNT released the news of financing.
Thursday July 30, 5:53 pm Eastern Time

Company Press Release

SOURCE: Quick Tent, Inc.

Quick Tent, Inc. Announces $1,000,000 Financing Package

SALT LAKE CITY, July 30 /PRNewswire/ -- Quick Tent, Inc. (Nasdaq: QTNT - news) today announced that it has
received $275,000 as the first part of a $1,000,000 financing package. Commenting on the financing package, David Taylor,
Treasurer of Quick Tent, Inc. stated, ''The new financing will be utilized to purchase tent inventory to fill existing tent orders.''
Further details of the financing package and the expected timing of the additional funding will be released within the next week.

Certain statements in this release that are not historical fact constitute ''forward-looking statements'' within the meaning of the
Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors, which may cause the actual results to differ materially from those expressed in or implied by the
statements.

Quick Tent, Inc. owns certain proprietary and patented rights to a reverse umbrella tent.

SOURCE: Quick Tent, Inc.
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