To: Jim Bishop who wrote (12624 ) 10/27/1999 11:23:00 AM From: SusieQ Respond to of 150070
ICHG news today, Wednesday October 27, 10:17 am Eastern Time Company Press Release iChargeit Inc. Announces Annual Shareholder Meeting Proxy to Ratify Acquisition of Bay Micro Computers Inc. HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Oct. 27, 1999-- iChargeit Inc. (OTC BB:ICHG - news) today announced that the Company will hold its Annual Meeting of Shareholders on Nov. 12, 1999, at 9:30 a.m. at the new joint iChargeit/Bay Micro headquarters located at 2184 West 190th Street, Torrance, Calif. The record date is Oct. 20, 1999. Proxy cards are being mailed to shareholders this week. Items on the proxy include ratification of the Bay Micro Acquisition, election of the Company's Board of Directors, adoption of iChargeit's 1999 stock incentive plan, changing the state of incorporation from Texas to Delaware, ratification of the appointment by the Board of Directors of Richard A. Eisner & Company, LLP as independent auditors of iChargeit. Immediately after the Annual Meeting of Shareholders, the Company expects to file its Form 10 with the Securities and Exchange Commission. Reporting deadlines are in accordance with a company filing under the ticker symbol as of Jan. 4, 1999. As of that date, iChargeit was trading under the ticker symbol PLNK (OTC BB:Paralink - news). Therefore, the Company's reporting deadline is March 2000. The Company is on schedule to file its Form 10, approximately four months in advance of their reporting deadline. iChargeit Inc. is an Internet based Company whose iChargeit.com Cybermall and Virtual Arcade began Phase I deployment on March 1, 1999. iChargeit is also launching traditional ISP access in 500+ cities in the U.S. and Canada, as well as high speed access set to launch in selected cities. iChargeit's key partners and anchor tenants include, but are not limited to: Preferred Voice International (OTC BB:PFVI - news), Winners Internet Network (OTC BB:WINR - news), Innovative Holdings and Technologies (OTC BB:IHTL - news), Pacific Medical Group (OTC BB:PMGI - news) and Massimo Da Milano (OTC BB:MDMI - news) and Homecom. Statements made in this news release that relate to future plans, financial results, market growth and other projections, events or anticipated results are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results may differ materially due to a variety of factors including competitors with more resources available to them. -------------------------------------------------------------------------------- Contact: iChargeit Inc., Huntington Beach 888/815-4390 or Investors: DeMonte Associates, New York Cynthia DeMonte, 212/473-3700 Susie