SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: SSP who wrote (9531)9/14/1999 3:34:00 PM
From: elcasmirb  Respond to of 150070
 
Time line and forward event is in my previous post I would say. Please feel free to correct me if I am wrong....



To: SSP who wrote (9531)9/14/1999 3:50:00 PM
From: elcasmirb  Respond to of 150070
 
Home
|
Log Out
|
StockTalk
|
Inbox
|
SubjectMarks
|
PeopleMarks
|
Customize
|
Portfolio



Quote | Charts | News | Financials | Discussion
Earnings Est. | Profile | SEC | Hist. Prices
Industry Grp. | Broker Research

DRGI : DIVERSIFIED RESOURCES GRP INC (OTC:BB)
All Headlines

DRGI Finalizes Exclusive Mobile Distributorship

SARASOTA, Fla.--(BUSINESS WIRE)--Sept. 14, 1999--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.

Contact:

Diversified Resources Group Inc., Sarasota
Carl Smith III, 941/923-1949
Log on to www.diversified-resources.com

All Headlines
Additional Headlines

BW
09/14 11:01
DRGI Finalizes Exclusive Mobile Distributorship

BW
08/09 11:23
Diversified Resources Group, Inc. Finalizes $2 Million Agreement with Ocean
Golf Group

BW
08/06 08:02
Diversified Resources Group, Inc. Clarifies Position on Reverse Stock Split

BW
07/30 15:02
Diversified Resources Group, Inc. Announces Details of 1998 Audited
Financials

Enter symbols or keywords for search
Symbol lookup





Copyright ¸ 1999 Business Wire

Got a comment, question or suggestion? Contact Silicon Investor.