ANYBODY looking at DDEQ
About 1 million shares in the float. Trading at just over a dollar.
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Diamond Acquires GOPROFIT.COM The World's Financial Search Engine
TEMPE, Ariz.--(BUSINESS WIRE)--April 5, 1999--Diamond Equities, Inc. (OTC BB:DDEQ - news) Monday announced that it has acquired 100% ownership interest in Internet start-up GOPROFIT.COM INC.
GoProfit will exchange all of its issued and outstanding shares for Diamond Class B Preferred Stock. GoProfit, a Nevada corporation, is currently designing and building the world's first proprietary financial search engine/Web portal in concert with Internet infrastructure company, Inktomi Corp.
''After announcing our Letter of Intent, other companies and investment firms contacted us to express their interest in GoProfit,'' said Diamond President David D. Westfere. ''During the due diligence process, GoProfit's management team came to the realization that we were committed to helping them succeed.''
''Diamond is restructuring its organization to best service our needs,'' said David Firestone, President of GoProfit. ''They have committed their resources to our mutual success, and are determined to build shareholder equity through their ongoing commitment to helping us realize our business objectives.''
''We've pulled together the best technical team I've ever worked with,'' said David Holifield, senior vice president creative and technical development, GoProfit. ''Diamond is committed to helping us realize our goal: that of creating the World's Financial Search Engine. To that extent, we can now say that we've found a supportive home at Diamond.''
GoProfit, The World's Financial Search Engine, is dedicated to providing the global community with equal access to all pertinent financial information on a timely basis.
From time to time, the company may issue forward-looking statements which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. Actual results could differ and a forward-looking statement should be considered accordingly.
For more in formation, contact Stockholder Relations at 602/921-2760.
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