Note; This PRNews is posted out of sequence on this thread. It is historically significant and will be properly placed in the PRNews page available at;
members.home.net for investor DD. -Jim
Wednesday May 13, (1998) 9:12 pm Eastern Time
Company Press Release
SOURCE: ProNetLink
ProNetLink(R) Shows Strong Financial Numbers Prior to Launch
NEW YORK, May 13 /PRNewswire/ -- ProNetLink(R), pnlk.com, (OTC Bulletin Board: PNLK - news), the world's largest Webtool(SM) specializing in global trade, announced today that its financial balance sheet is available by emailing zagoren@aol.com or calling 212-688-8838.
An overview of the company shows that as of May 7, 1998 ProNetLink had $335,314 cash on hand, and a credit line of $500,000. An additional advance of $150,000 came May 11th from company CEO Jean Pierre Collardeau, thereby giving the company access to a total of $985,314. Short term liabilities are $52,091 and long term notes payable over 5 years to investors are $347,200.
The ProNetLink Webtool is launching this week.
Through ProNetLink's worldwide database of 1.7 million companies, members can locate manufacturers or buyers, send immediate requests for quotes, generate the international paperwork required to carry out a transaction, produce inter-business communications, determine trade rules, arrange for printing of color brochures and sell sheets, find up-to-the-minute exchange rates, and even arrange financing. ProNetLink has developed banking relationships designed to assist the buyer and seller in completing their transactions.
For a free tour of the ProNetLink site please visit pronetlink.com or pnlk.com.
For investor packages please call ProNetLink at 212-688-8838.
For investor or marketing and PR information please contact Zagoren-Zozzora, Inc. at 212-629-6220 or email zagoren@aol.com.
SOURCE: ProNetLink
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