Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (3060)	1/21/2000 8:49:00 AM
From: LANCE B	Read Replies (4) \| Respond to of 4792

WELU- $6.00 A SHARES.....HOLY COW.. Synpan Corporation Plans to Acquire Wellness Universe Corporation @ $6.00 Per Share Jump to first matched term NEW YORK, Jan 21 /PRNewswire/ -- Synpan Corporation in preparation for it's intentions to file a registration statement with the SEC within 60 days, for an IPO of it's common stock for approximately $1 Billion in proceeds, plans to offer Wellness Universe Corporation (OTC Bulletin Board: WELU) $6.00 per share for all the WELU shares, issued and outstanding shares, and payable in Synpan public stock. This offer is contingent upon a successful Synpan Corporation initial public offering. George Charles Pappas, Chairman and CEO of Synpan Corporation and WELU says "This is an excellent offer for the WELU shareholders to capitalize on the Synpan IPO. The sourcing, support and energy of The Synpan Group of Companies and its shareholders will be directed to jointly harvest the profits of One Consolidated Corporation and the Power of the Group. "Synpan is now one company, a major force in e-commerce, specializing in wellness, yet be flexible to win on e-access and e-content. Once Synpan stock is public, we will be totally committed and targeted for growth through great management and its intrinsic value in order to build an exciting e-commerce business model and aggressively pursue the external route for expansion through acquisitions." The statements contained in this Press Release may contain forward-looking statements. Actual events or results may differ materially as a result of risks facing Synpan Corporation and Wellness Universe Corporation or actual results differing from the assumptions underlying such statements. Such risks and assumptions include, but are not limited to, risks related to competition and market acceptance of our service and products, ability to conclude, establish and maintain strategic relationships, ability to increase sales and market awareness, and ability to complete Synpan Corporation's initial public offering of the amount of proceeds, if any. All forward-looking statements will be expressly qualified in their entirety by the "Risk Factors" and other cautionary statements to be included in the planned Synpan Corporation's public filings. SOURCE Synpan Corporation /CONTACT: George Charles Pappas, Chairman and CEO of Synpan Corporation and Wellness Universe Corporation, 212-744-0091, pappas@synpan.com/ (WELU) WELLNESS UNIVERSE CORP - WELU Price 0.33 Net Change 0 Volume (000) 637 Day High 0.37 Day Low 0.30 as of 01/21/00 08:44 AM EST More Info WELU Stocks News Symbol Name Quotes/NewsDigestReal Time QuoteStock ChartsAnalyticsEarningsMarketGuideNelson'sSEC FilingsBaselineZacksHoover'sIPODJ Pubs Library Advanced Search