I posted CMOZ here yest around a buck and it finished the day on heavy vol yest of over 850,000. Stock is now 1.12/1.15 on over 500,000 as of noon today. Here is release from yest:
Cosmoz.com Acquires BuckInvestor.com
The Most Comprehensive Guide to Investing for Those Under 35
Becomes Latest Addition to Cosmoz.com Network
SAN RAMON, Calif.--(BUSINESS WIRE)--April 27, 1999--Cosmoz.com (OTC BB:CMOZ) today announced the
acquisition of BuckInvestor.com, Inc., a leading web site for younger investors, where traffic levels have grown consistently by
50% per month. Financial terms of the agreement were not disclosed.
Based in Raleigh, N.C., BuckInvestor.com, Inc. (http://www.buckinvestor.com) joins Cosmoz.com as a wholly owned
subsidiary in the company's Investment-Related Group of web sites. With this acquisition, Cosmoz.com invests in the rapidly
growing market for investment education and youth investing. A recent study by Paine Webber and Gallup showed that the
growth of online investing can be mainly attributed to younger investors.
BuckInvestor.com offers a tremendous amount of easy-to-understand information for new investors. The site is highly profitable
and focused, boasting thousands of registered users. ''This bull market has sparked interest for millions of new investors and it's
easy for them to be overloaded with information on the web,'' said Gregg Fidan, President of BuckInvestor.com. ''Many are
simply looking for a web site to help them get started, and that's BuckInvestor.com. This activity has spawned a high level of
loyalty among our users.''
Due to its unique investment concept, media critics have praised the BuckInvestor.com web site. When CNBC featured the
site on Power Lunch, host Bill Griffeth noted that ''It is, indeed, comprehensive. There's a whole section for beginning investors
to help you get started, a section on personal finance and taxes, information on how to start your own investment club, profiles
of individual investors ranging in age from 15 to 30. All very useful stuff. And the price is right. (It's all free.)''
BuckInvestor.com, Inc. and it's founders have been mentioned in the media countless times including Money Magazine,
Bloomberg, Online Investor Magazine, CBS MarketWatch, theStreet.com, NetGuide, and Registered Rep Magazine. In
addition, BuckInvestor.com has attained prestigious recognition as a Netscape What's Cool, Rage of the Day, and What's
New Site; and has also been recognized as a Yahoo What's New site.
''Not only are we getting a highly targeted and profitable company through this acquisition, but we are also attaining key talent
that allows Cosmoz.com to step up to the next level,'' stated Cosmoz.com CEO, Wilfred Shaw. Two of the BuckInvestor.com,
Inc. co-founders, Justin Keener and Gregg Fidan bring solid experience, creativity, and leadership to the Cosmoz.com team.
''Gregg Fidan brings 3 years experience of professional web design and extensive knowledge of Internet marketing and
e-commerce. His work speaks for itself and can be seen in the quality of the upcoming Cosmoz.com portal. And Justin Keener
is an extremely driven and charismatic individual, we are fortunate to have his business development skills,'' noted Cecil
Musgrave, Cosmoz.com CIO. ''These two are as valuable to Cosmoz.com as the BuckInvestor.com site itself, and that says a
lot. This strategic acquisition is just another step in the right direction,'' he added.
BuckInvestor.com is excited about the acquisition. Management turned down comparable acquisition offers from two other
sources, choosing to go with Cosmoz.com. ''Cosmoz.com is poised for high growth. We're excited about building
Cosmoz.com into the next Go2Net or CMGI. Our confidence in Cosmoz.com is evident by the fact that we were willing to be
acquired through a 100% stock deal,'' explained Justin Keener, CEO of BuckInvestor.com, Inc.
More About BuckInvestor.com
The Bulls and Bears have jockeyed back and forth on Wall Street for over 200 years, but BuckInvestor.com is ''bucking the
trend'' by introducing a new animal ... the Buck. Buck Investing is fundamentally based on the ''Buck Market'' concept,
asserting that investors can easily become millionaires by consistently investing over any 30-year period. While the bulls and
bears fight it out over the short term, the Bucks will always triumph in the end.
BuckInvestor.com's mission is to start a movement among the younger generation, investors age 15 to 35, and become the
main source of education for those new to investing. Some of the outstanding features and benefits include: hundreds of original
articles on the basics of investing, common sense personal finance advice, daily market news, advice from certified financial
consultants, stock quotes, message boards, and more. BuckInvestor.com also boasts the largest online directory of investment
clubs with over 700 clubs from around the world.
About Cosmoz.com
Cosmoz.com's (http://www.cosmoz.com) 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 industry and is dedicated to rapid growth.
In accordance with Cosmoz.com's mission, management is currently in negotiation with several acquisition candidates and
investment opportunities. ''We are excited about our current developments and are on our way to reach our goal of being the
best in the business,'' said Wilfred Shaw, CEO. ''We now have management in place, and are actively seeking more acquisition
candidates,'' he added.
Certain information and statements included in this release constitute ''forward-looking statements'' within the meaning of the
Federal 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, performance, or achievements of the company to be
materially different from any future results, performance, or achievements expressed or implied in such forward-looking
statements.
Contact:
Hampton-Porter Investment Bankers,
Michael Losse, 800/545-3345
mlosse@hpib.com
or
Compass Point Group, Inc
Diann Tongco, 619/525-0800
dt@venturefinance.com
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