To: TideGlider who wrote (3856 ) 9/2/1999 11:05:00 PM From: bob sims Read Replies (2) | Respond to of 7056
Hitsgalore.com Engages New Auditing Firm PR Newswire - September 02, 1999 14:32 RANCHO CUCAMONGA, Calif., Sept. 2 /PRNewswire/ -- Hitsgalore.com, Inc. (OTC Bulletin Board: HITT) announced that it has engaged the firm of Pender Newkirk & Company -- Certified Public Accountants. The initial tasks to be undertaken by the firm will be to audit the consolidated financial statements of Systems Communications Inc. (as the Company was known prior to its March 1999 merger with Hitsgalore.com) as of December 31, 1996, 1997 and 1998 and for the years then ended. Steve Bradford, CEO of Hitsgalore.com, expressed, "We are pleased to make this announcement and we hope the firm will have the re-audits complete as soon as possible. The Company will now press hard in its efforts to move away from the OTC Bulletin Board." Bradford continued, "We are also excited about our recent partnership allowing us to offer free music CD's from our website. We expect to launch the new music technology, and the new site design, sometime between now and the first of the week." Through its sponsored Portal Services members will be able to select any 5 Billboard HITS(TM) Free, and only pay a small shipping and handling cost billed to them after they receive their free CD in the mail. Hitsgalore.com operates a website as hitsgalore.com , with a unique business model of giving away free banners, lifetime banner placement, Billboard HITS(TM) CD's, and other Portal Services. The Company generates revenue from its Keyword Bid & Rank program, sponsorships of Portal Services, and Local City Editions featuring local content. Hitsgalore.com strives to provide porn-free searching and does not accept or encourage any porn or adult-content listings on its site. Statements in this press release other than historical facts are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. Hitsgalore.com, Inc. intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements are subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results could differ materially from expected results. SOURCE Hitsgalore.com /CONTACT: Danny Gavin, Investor Relations of Hitsgalore.com, Inc., 800-300-5388, investor@hitsgalore.com/ /Web site: hitsgalore.com (HITT)