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Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK)

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To: Tensane 1 who wrote (625)9/25/1998 10:37:00 PM
From: Jeffrey L. Henken   of 1020
 
I found the following at the Westergaard Broadcasting site:

A Reader Asks: I saw the release on Tuesday that CLCK is preparing for a joint venture. What exactly does that mean to CLCK and what will the new co. actually do?

biz.yahoo.com

WBN Responds: On Tuesday, Columbia Capital announced it had signed a
Letter of Intent for a joint venture with a minority owned economic development and empowerment company, the purpose of which will be to market credit and debit cards to the minority community.

According to CLCK President Ken Klotz, the joint venture will also setup its own servicing operation for providing customer service. CLCK will provide both management experience and job training required for the new operation, which will be staffed primarily by minority employees.

Klotz went on to say that he believes the new joint venture will expand the processing business of First Independent Computers, Inc., Columbia's subsidiary.

The minority co's identity has yet to be publicly released, but as soon as CLCK gives the OK, WBN will let you know. Stay tuned to WBN-CLCK:

wbn.com:8080/

Regards, Jeff
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