To: myturn who wrote (20403 ) 1/14/2000 7:35:00 PM From: Mr Metals Respond to of 150070
JOCKE : SPORTSPRIZE ENTERTAINMENT INC (OTC:BB) All Headlines SportsPrize Entertainment Files Amendment to Its Form 10 LOS ANGELES, Jan. 14 /PRNewswire/ -- SportsPrize Entertainment Inc. (OTC Bulletin Board: JOCK, JOCKE), a sports-based entertainment and e-commerce Internet company, announced today that it filed an Amendment to its Form 10 yesterday with the U.S. Securities and Exchange Commission ("SEC") in response to comments it received from the SEC this week. Today, the Staff of the SEC reached a position of no further comment regarding the Company's Form 10. In December 1999, SportsPrize became a fully reporting company under the U.S. Securities Exchange Act of 1934, as amended, and now meets all of the eligibility requirements for quotation of the Company's common stock on the OTC Bulletin Board (the "OTCBB"). SportsPrize has made a request to the National Association of Securities Dealers ("NASD") to remove the "E" designation that is currently attached to its ticker symbol. The Company anticipates that the "E" designation will be removed from its ticker symbol within 24 hours. About SportsPrize Entertainment Inc. SportsPrize Entertainment is an Internet company that has developed a sports-based entertainment, information and e-commerce Web site, SportsPrize.com(TM). The Company will leverage the power of sports entertainment with unique content, innovative marketing and compelling e-commerce. The SportsPrize Tournament 2000(SM) is a featured attraction on the site. The Tournament is a proprietary interactive game designed to challenge and reward sports enthusiasts as well as sports novices in a broad range of sports. SportsPrize will offer a wide variety of prizes to the winning participants, culminating in an Annual Grand Prize of $1,000,000. Membership is free. Interactive links that enable SportsPrize Members to view live sports news, check for up-to-date sports scores and communicate via chat rooms and message boards, have been developed to capture the attention of the SportsPrize audience. The Company also operates an e-commerce store with over 14,000 sports products and expects to launch an auction site in the first quarter of 2000. The Company launched the initial version of its Web site last month. Since then, the Company has been enhancing the SportsPrize Tournament 2000(SM), e-shopping and community areas of the site and is adding new content to its site each day. With prominent Internet and sports partners, SportsPrize plans to build a loyal community of repeat visitors to the Company's Web site, and intends on becoming one of the most exciting sports destinations on the Internet. Corporate information about SportsPrize Entertainment is available at sportsprize.com . This press release contains forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements, including terminology such as "anticipates," "plans to" and "intends on" are subject to risks and uncertainties, including, but not limited to, the impact of competitive products, product demand and market acceptance, new product development, reliance on key strategic alliances, fluctuations in operating results, as well as other risks, detailed in the Company's Form 10 filed with the U.S. Securities and Exchange Commission. -------------------------------------------------------------------------------- SOURCE: SportsPrize Entertainment Inc. CONTACT: Robert Hunziker, Senior Vice President, Corporate Finance of SportsPrize.com, 310-566-7145, or info@sportsprize.com; or Investor Relations, Julie Glen, Mona Walsh, or Harvey Goralnick, all of FOCUS Partners LLC, 212-752-9445, or jock@focuspartners.com All Headlines Additional Headlines PRN 01/14 15:35 SportsPrize Entertainment Files Amendment to Its Form 10