VGCP mentioned here:
----------------------------------------
BEST OF BFN NEWSLETTER
bizfn.com
Weekend Edition
August 8, 1999
A Business Financial Network Publication
----------------------------------------
Dear Business Financial Network Readers,
We were not planning to send out a weekend edition this week, due to
scheduled vacations of much of our staff, but there was very solid news
from companies we follow and noteworthy developments with Sportsprize.com
(OTC BB: JOCK) that could not wait till a Monday edition.
We have become aware of three newsletters with total circulation of well
over 50,000 investors sent out research reports about Sportsprize.com,
featuring the company as their "Stock of the Month." The increased
investor awareness these newsletters can bring is quite impressive and is
encouraging given the company's recent announcement that they hired a new
investor relations firm to get Sportsprize.com's story out to the investing
public.
A noticeable increase in volume is quite probable for Monday and Tuesday.
We want to alert any interested investors or current shareholders to this
development, as any potential rise in price may influence your own personal
portfolio decisions. For investors who have watched the company and waited
on the sidelines, be extremely careful about purchasing shares (if you have
decided to do so), because the stock may gap open Monday morning and anyone
with market orders could get taken advantage of by the Market Makers.
There were also news releases from Bidhit.com (OTC BB: BHIT), Viking
Capital (OTC BB: VGCP) and Skyline Entertainment (OTC BB: SKLN) (Soon to
be renamed QuoteMedia.com).
Best of luck next week.
-BFN Staff
==============
In This Issue:
==============
1) Sportsprize.com News
2) Bidhit.com News
3) Viking Capital News
3) Skyline Entertainment/QuoteMedia.com News
4) Subscribe/Unsubscribe Instructions
5) Disclaimer
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Sportsprize.com (OTC.BB: JOCK) News
===================================
SportsPrize Signs Agreement With FOCUS Partners to Provide Investor Relations
LOS ANGELES, Aug. 5 /PRNewswire/ -- SportsPrize Entertainment, Inc. (OTC
BB: JOCK), a sports-based entertainment, information and e-commerce
Internet company, today announced that it has entered into an agreement
with FOCUS Partners LLC, a New York based full-service financial services
firm, internationally recognized for its corporate and financial
communications expertise. In terms of this agreement and effective August
1st 1999, FOCUS Partners will assume the investor relations function for
the Company.
To read the full news release:
biz.yahoo.com
=============================
Bidhit.com (OTC.BB:BHIT) News
=============================
Bidhit Exceeds 1.6 Million Hits In July, Online Auction Site Achieves over
100% Growth
BOTHELL, Wash.--(BUSINESS WIRE)--Aug. 5, 1999--Bidhit.com Inc. (OTC BB:BHIT
), a rapidly growing online auction company, announced today that its site
traffic grew to over 1.68 million hits in July compared to 832,740 in June,
an increase of over 100% in one month.
In achieving this mark, Bidhit has surpassed previously announced
projections for July of 1 million hits.
''The growth we achieved in July is a significant event in our
development,'' said Bidhit President and CEO Timothy Black. ''Last month I
stated that our focus was to achieve exponential growth in our awareness
and site traffic. I am proud to announce today that we have fully delivered
on this commitment. Furthermore, we remain optimistic that this growth will
continue as we implement additional strategic marketing and product
development initiatives in the coming days. We are on a path where higher
awareness, increased transactions and enhanced profitability are the
milestones against which we measure our progress.''
To read the full news release:
finance.yahoo.com
==================================
Viking Capital (OTC.BB:VGCP) News
==================================
Viking Systems Announces Three Pending Endorsements From Organizations
Affiliated With More Than 1000 Banks
DALLAS--(BUSINESS WIRE)--Aug. 6, 1999--Viking Systems, Inc. (VSI) - a
wholly owned subsidiary of Viking Capital Group, Inc. (OTC BB:VGCP ) -
announced in July the rollout of its Internet-based remote banking and
remote bill pay systems (called IP Banker) for financial institutions such
as banks, savings and loans, credit unions and investment bankers. Today,
Viking is negotiating an endorsement deal with three institutions who can
recommend the system to more than 1,000 banks around the country. ''These
arrangements should more than keep our State Account Representatives busy
and help VSI achieve its immediate goal of 150 financial institution
contracts with its Service Bureau for remote banking by 7-1-2000,'' said
VSI President Garry Millar.
To read the full news release
biz.yahoo.com
========================================
Skyline Entertainment (OTC.BB:SKLN) News
========================================
QuoteMedia.com Inc. Acquisition Approved
SAN DIEGO--(BUSINESS WIRE)--Aug. 5, 1999--SKYLINE ENTERTAINMENT INC. (OTC
BB: SKLN) announces that the merger of QuoteMedia.com. Inc. into Skyline
Entertainment Inc. has been approved by shareholders of QuoteMedia.com Inc.
This approval, and the previous approval of Skyline shareholders,
officially concludes the merger of the two companies.
Additionally, both shareholder groups have approved the name change from
Skyline Entertainment Inc. to QuoteMedia.com Inc. and the necessary filings
are in progress including a request to change the current SKLN ticker
symbol. The Company anticipates these changes to be made in the near future.
QuoteMedia's business is the provision of financial market data and online
trading services via the Internet. The Company will privately brand its
turn-key suite of Internet products to established brokerage / financial
services firms and other large web portals that currently do not offer
online financial market data and trading services.
To read the full news release:
biz.yahoo.com
For past news releases related to the acquisition:
biz.yahoo.com
biz.yahoo.com
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Disclaimer
==========
© Copyright 1999, Business Financial Network, Inc. All rights reserved.
Business Financial Network, Inc. is not a Registered Investment Advisor or
a Broker / Dealer. Readers are advised that this electronic publication is
issued solely for information purposes and is not to be construed as an
offer to sell or the solicitation of an offer to buy.
The opinions and analysis included herein are based on sources believed to
be reliable and in good faith but no representation or warranty, expressed
or implied, is made as to their accuracy, completeness or correctness. This
information is not intended to be used as the sole basis of any investment
decisions, nor should it be construed as advice designed to meet the
investment needs of any particular investor. The foregoing discussion
contains forward-looking statements which are based on current expectations
and differences can be expected.
The information contained in this report is not intended to be a complete
discussion of information regarding some of the current and/or intended
business activities of companies. Readers are urged to consult with
independent financial advisors with respect to an investment in the shares
mentioned herein. Investors should review a complete information package on
all companies, which should include, but not be limited to, the Company's
annual report, quarterly report, press releases, as well as all regulatory
filings. All information contained in this report should be independently
verified with the Company mentioned herein. Any opinions expressed in this
report are statements of judgment as of the date of publication and are
subject to change without further notice, and may not necessarily be
reprinted in future publications or elsewhere. Neither Business Financial
Network, Inc. nor its officers, directors, partners or employees /
consultants accept liability whatsoever for any direct or consequential
loss arising from any use of this report or its contents.
Business Financial Network, Inc. has been or will be compensated the
following by companies featured in this newsletter:
- Bidhit.com, Inc. (OTC BB: BHIT): $156,000 cash by Mercer Capital
- SportsPrize Entertainment (OTC BB: JOCK): 24,000 shares by Sonora Capital
- Filtered Souls/Slyline Entertainment (OTC BB: SKLN): $24,000 cash by Twin
Towers Financial
- Viking Capital (OTC BB: VGCP): $2,500 cash by Gold Ridge Investments
Compensation was in exchange for consulting services including, but not
limited to, research, project analysis, and electronic dissemination of
this report and other updates on each company. Employees and/or principals
of Business Financial Network, Inc. may purchase shares on a voluntary
basis in the open market and may buy or sell shares in any company without
prior notification depending on market conditions and personal financial
circumstances.
THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE
INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS
SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We encourage the reader to review the investing information available with
the Securities and Exchange Commission ("SEC") at sec.gov and /
or the National Association of Securities Dealers ("NASD") at
nasdr.com. Readers can review all public filings by the Company
at the SEC's EDGAR page. The NASD has published information on how to
invest carefully at its web site. |
