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Gold/Mining/Energy : MODERN RECORDS INC. (MZR.V & MDNR.OTC) -- Ignore unavailable to you. Want to Upgrade?


To: bcjt who wrote (139)8/16/1999 8:59:00 AM
From: bcjt  Read Replies (1) | Respond to of 188
 

Modern Records launches Web site

Modern Records Inc MZR
Shares issued 19,680,000 Aug 13 close $0.88
Mon 16 Aug 99 News Release
Mr. Johan Grandin reports
Modern Records has launched its corporate Web site www.modernrecords.com.
The site is the company's first foray into the Internet and it is designed
to showcase artists, who are currently signed on the label. The site is
divided into seven major corporate components which function as an on-line
investor package. Visitors to the site can view management profiles with
photos, a corporate profile and direct links to third-party providers of
news, delayed quotes, stock charts, SEC filings and more.
The home page will be updated on a continuing basis and will provide direct
sales of the company's multiplatinum artist, Stevie Nicks, and will also
have direct links to some of Stevie Nicks' own sites. Stevie Nicks, who has
sold over 100 million albums, combined with Fleetwood Mac and her solo
career, is viewed by many as one of the top female rock vocalists of all
time. Recently, VH-1.com users voted Stevie Nicks as the number one female
rock vocalist of all time.
Modern Records recently signed the Jacksons for a multialbum deal and they
will also be featured on the site in the future. The Jacksons have been
recognized leaders in the international recording industry since 1969 when
the first Jackson 5 single was released. In 1997 the Jackson 5 was inducted
into the Rock'n Roll Hall of Fame. The Jacksons were the youngest group to
ever receive such an honour. Prior to the release of the new Jacksons album
on the Modern Records label, the www.modernrecords.com Web site will offer
sales of the Jackson 5 (ABC, Motown) and also provides direct sales of
Randy Jackson's siblings Michael Jackson (Thriller, Sony Music) and Janet
Jackson (Janet, Virgin Records), as well as 3T (Brotherhood, Sony Music).
Multiplatinum seller Jeffrey Osborne also has an album on the Modern
Records label, Something Warm For Christmas. Modern Records intends to
market this product extensively over the Christmas season.
Modern Records Web site sales of albums are directly linked to Amazon.com
and its album purchase program, through the Amazon.com associates program.
"We are delighted to launch the www.modernrecords.com Web site," stated
Modern Records president and chief executive officer, Randy Jackson. "We
have in essence, the ability to now expose our current and newly signed
artists to a worldwide audience of music lovers. We are additionally
planning to offer our fans the ability to listen to music tracks of, and
interviews with, our artists. We are also happy to have my family on the
site. This will not only increase sales for past and future recordings, but
will also promote traffic and bring awareness for our other Modern Records
artists."
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

bcjt



To: bcjt who wrote (139)8/17/1999 10:03:00 PM
From: bcjt  Respond to of 188
 
Modern Records private placement

Modern Records Inc MZR
Shares issued 19,680,000 Aug 16 close $1.05
Tue 17 Aug 99 Private Placement
The Vancouver Stock Exchange has accepted for filing a non-brokered private
placement of:
No. of shares: 600,000
Price: 60 cents
Warrants: For 600,000 shares
Wt exercise price: 60 cents in year one; 75 cents in year two
Placees: Nicholas Reeves 300,000; Adam Vorberg 200,000; and
Roland Perry 100,000
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

bcjt