To: Yvan Coessens who wrote (9505 ) 9/14/1999 1:47:00 PM From: elcasmirb Read Replies (1) | Respond to of 150070
Home | Log Out | StockTalk | Inbox | SubjectMarks | PeopleMarks | Customize | Portfolio StockTalk | Hot Subjects | New Subjects | StockTalk Search SI: StockTalk: Five Dollars and Under: DRGI (Diversified Resources Group) View Next 10 Messages | Respond | Previous | Next To: Tazman who started this subject From: insight Tuesday, Sep 14 1999 11:27AM ET Reply # of 766 (((((NEWS))))) SARASOTA, Fla., Sep 14, 1999 (BUSINESS WIRE) -- DRG Inc., d/b/a Diversified Resources Group Inc., (Nasdaq OTC BB:DRGI), a Sarasota, Fla. based company, announced today that it has finalized an Agreement with D.H.A. Corp. to be the Company's first mobile distributor for the direct sale of replacement battery packs within the West Palm Beach to Miami, Fla. marketplace. Under the Performance Based Exclusive Agreement, D.H.A. Corp. will purchase replacement battery packs from Cordless Power Corporation, and deliver the packs on a daily/weekly basis directly to their retail outlets in the South Florida sales territory. Cordless Power Corp.'s mobile battery pack outlet provides distributors the ability to deliver products and accessories to the cellular telecommunications and cordless power tool/construction industries at a level of convenience previously not available. The Company's mobile outlet also allows the distributor the ability to promote and sell the Cordless Power line of products at public functions such as state and county fairs, motorsports events, flea markets and other special events where there are typically a large number of attendees using cellular telephones and other cordless power devices. Photographic images of the mobile unit are available at the Company's Web sites located at www.factorydirectbatteries.com and www.diversified-resources.com. Each battery pack sold through the Company's mobile outlet features the patent pending impedance matching technology which enables our battery packs to last 30% longer than other battery packs available in the market today. A 1-year manufacturer's warranty is provided with every battery pack purchased along with a no questions asked return policy with proof of purchase. "We believe that we have identified a niche market within the replacement battery pack industry, and are confident that we are providing a level of convenience and price that is unrivaled in today's market," stated Chris Beck, President of the Company's Cordless Power division. This press release shall not constitute an offer to sell securities under an exemption from registration pursuant to Regulation D, Rule 504 of the Securities and Exchange Commission. Statements regarding the company's expectations about new and exciting products, future financial performance and other forward-looking statements are subject to various risks and uncertainties, including, without limitation, demand and acceptance of new and exciting products, technological advances and product obsolescence, competitive factors and the availability of capital to finance growth. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Diversified Resources Group Inc., Sarasota Carl Smith III, 941/923-1949 Log on to www.diversified-resources.com View Next 10 Messages | Respond | Previous | Next Remove SubjectMark View SubjectMarks DRGI: DIVERSIFIED RESOURCES GRP INC(OTC:BB) Tuesday Sep 14, 1999 1:37PM ET Symbol Last Trade Change High Low Volume DRGI 1:19PM 0.155 + 0.012 8.39% 0.160 0.140 392,200 Prev Close Open Bid Ask Last Tick Avg Volume 52-week range 0.143 0.150 0.150 0.160 - 6,573,600 0.015 - 0.295 More Info: Charts | News | Financials | Discussion | EPS Est. | Profile | SEC | Hist.Prices | Industry_Grps. | Broker Research Terms of Use Enter symbols or keywords for search Symbol lookup Subject Titles Only Full-Text This Subject Only Quotes are delayed by 20 minutes. Quotes provided by S&P Comstock. Got a comment, question or suggestion? Contact Silicon Investor.