OK. Its a BB stock but the last time they had news about building their internet holdings the stock went from 1.5 to 5 in one day.
Well it is at 1.5 today and this just came across my news wire.
I bought some at 1.5, hoping for a similar response over the next couple of days. Take a look...
COSMOZ.COM Inc. Announces Its Second Strategic Internet Business Acquisition Of An Established On-line Gaming Website
SAN RAMON, Calif.--(BUSINESS WIRE)--March 8, 1999--COSMOZ.com Inc. (Nasdaq OTC:BB CMOZ), today announced that is has signed a definitive and binding agreement to purchase an Established On line Gaming Website and all corporate rights associated with the website.
The foreign company which currently owns the gaming website has a valid offshore internet gaming license. The website is an established and profitable on-line gaming website, within the rapidly growing on-line gaming Internet niche market -- in keeping with COSMOZ.com's previously stated objectives.
Complete details about the gaming website and related company will be announced over the next day or so, as soon as the website's suppliers have been notified of the acquisition agreement.
Similar to Go2Net Inc. (NASDAQ:GNET) and CMGI Inc. (NASDAQ:CMGI), COSMOZ.com's mission is to become a recognized leader in the development and acquisition of high profile, high traffic, niche market - Internet related businesses and web based technologies.
COSMOZ.com's goal is to become a major force in the Internet field and is dedicated to achieving this goal in a timely manner. In addition to COSMOZ.com's recently announced acquisition agreement with the INVESTORSGURU.COM financial website, the company is currently in negotiations with several other unique Internet companies for possible mergers or acquisitions and investments in the near future.
COSMOZ.com also has several website development projects, within a wide range of Internet Affinities, which are currently being planned for this year.
The www.COSMOZ.com website is almost ready to be uploaded. Registrations at both Network Solutions and our DNS registration, which points web browsers to the numbered URL where COSMOZ.com will be hosted, have taken longer than expected. Both have been backed up due to technical delays on their part and the high number of new websites being processed recently.
The website is waiting for final registration and is expected to be released very soon.
The COSMOZ.com website will serve three strategic purposes. First, it will communicate our mission and corporate information effectively to better serve customers and investors. Second, it will conveniently tie together and promote complementary web based businesses which we develop, acquire or sell.
Third, established Internet based businesses can submit their website to be reviewed, towards potential acquisition.
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