To: Jim Bishop who wrote (38170 ) 3/21/2000 9:50:00 AM From: myturn Respond to of 150070
GMCH, has news out today. Wednesday March 15, 2:03 pm Eastern Time Company Press Release SOURCE: Gourmet's Choice Coffee Co., Inc. GMCH Unveils State of the Art Website with Link to E-Commerce Subsidiary NEW YORK, March 15 /PRNewswire/ -- Gourmet's Choice Coffee Co., Inc., (OTC Bulletin Board: GMCH - news) announced today that it has launched a state of the art corporate website, (http://www.gmch.net) which provides a link to the company's E-Commerce subsidiary. The site will attempt to bridge the gap between the Company's operations in the United States and Vietnam. The site will include such state of the art features as stock quotes, press releases, a GMCH message board, a question and answer forum and a full description of the Company's E-Commerce subsidiary. The site will be constantly updated and hopes to provide real-time stock quotes within the coming weeks. GMCH would like to remind its shareholders, that all GMCH shareholders of record on March 31, 2000 will receive one right to purchase one share of the common stock of GMCH's E-Commerce Division for every two shares of GMCH that they own. The purchase price for each E-Commerce Division share will be $0.05. Additionally, the Company announced that affiliates and controlling shareholders, which include management, shall not be eligible to participate in the Rights Offering. GMCH's E-Commerce division features its on-line store for the Company's Gourmet Coffee and related items. (http://www.gourmetschoicecoffee.com). GMCH is currently in the process of a major upgrade to its on-line coffee store and also selecting several URL's in order for consumers and shareholders to access the site in numerous methods. Gourmet's Choice Coffee Co., Inc. is a U.S. holding company whose strategy is the acquisition of both domestic and International beverage companies that complement its existing business, distribution and product lines. James Tilton, President of GMCH, stated, ``I am pleased that our shareholders can now go to one site and find out everything they need to know about the Company and its activities.' For further information contact Investor Relations at 800-324-3464 or visit the website gmch.net This press release contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Gourmet's Choice to accomplish its stated plan of business. Although Gourmet's Choice believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Gourmet's Choice or any other person that the objectives and plans of Gourmet's Choice will be achieved. SOURCE: Gourmet's Choice Coffee Co., Inc. More Quotes and News: GOURMETS CHOICE (OTC BB:GMCH.OB - news) Related News Categories: food/beverage, internet