MaxPlanet, Corp. - MXNT Files Form 10SB
November 19, 1999 06:01 AM
FREEHOLD, N.J.--(BUSINESS WIRE)--Nov. 19, 1999--MaxPlanet, Corp. MXNT announced today that the Company filed, on November 19, 1999, its initial registration statement on Form 10sb with the Securities and Exchange Commission (the "SEC") to register its shares of common stock, par value $.001 per share, under Section 12(b) or (g) of the Securities Exchange Act of 1934, as amended.
In further news, MaxPlanet, Corp. and its affiliates are seeking to hold their first event in New York City featuring many affiliates and partners.
About MaxPlanet, Corp.
MaxPlanet, Corp. anticipates that in addition to affiliate programs, sales of Internet development services, digital encoding, furniture and products through E-Commerce, MaxPlanet's source of revenue will be fees paid by third parties for advertising their products and services on www.MaxPlanet.com, www.MundoMaximo.com and its affiliate satellite sites.
MaxPlanet believes that it remains uniquely positioned as an Internet incubator, representing a fresh innovative opportunity to experience and utilize a wide range of Internet properties and services through a new brand, MaxPlanet. In this way, MaxPlanet - MXNT reflects and relies on the health of the Internet marketplace. As long as the Internet industry remains strong, MaxPlanet, Corp. expects its value to continue growing as the Company brings new Internet companies and properties into its MaxPlanet.com orbit.
MaxPlanet, Corp. is an integrated Internet Development Company focused on creating and expanding strategic alliances for its comprehensive network of consumer and business-oriented web services with offices in New Jersey and Florida.
The Company, MaxPlanet, Corp. - MXNT releases information over the public news wire services. Any information that is disseminated by other methods other than by Official Company Release is not from MaxPlanet, Corp. - MXNT.
When used by the Company in this report and elsewhere from time to time, the words, "estimates," "believes," "anticipates," "expects" and similar expressions are intended to identify forward-looking statements concerning the Company's operations, economic performance, financial condition including, in particular, the likelihood of the Company's success in developing and expanding its business. Certain of the statements included in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. The Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from those expressed in these forward-looking statements. This release may contain forward-looking statements, made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties, which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors which could affect results include the development and introduction of competitive technologies, the market awareness and acceptance of the MaxPlanet technologies, the overall market demand for internet services, the presence of technologically inferior products and services which are priced or promoted to compete with MaxPlanet services, the ability to attract and retain technical personnel, and the ability of the Company to protect its proprietary information. The SEC and NASD Have Not Reviewed and Does Not Accept Responsibility for the Adequacy or Accuracy of This Release.
CONTACT: MaxPlanet, Corp., Freehold, NJ I. Goldreich, VP, 732/625-0770
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