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.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (34575)	4/7/2000 3:12:00 PM
From: Amanda Marley-Clarke	Respond to of 34592

WLFN - one to watch! Good upside. Company Obtains Right to Acquire Internet Based Technology With Travel Portal VANCOUVER, British Columbia, Mar 24, 2000 /PRNewswire via COMTEX/ -- Wolf Industries Inc. (OTC Bulletin Board: WLFN) announces that it has entered into an assignment agreement with a private company, Eastview Capital Inc. for the right to acquire all the issued and outstanding shares of Interactive Travel Systems Media Group Inc. ("ITS") and its internet portal, Travelport.com. ITS is a private internet e-commerce technology and content development company specializing in the travel and hospitality industry. Completion of the acquisition of ITS will be subject to funding and performance of due diligence by both parties. The Company has agreed to a private placement in the amount of 1,500,000 restricted common shares to be issued at $0.50 per share to raise a total of $750,000, as to $500,000 pursuant to the requirements for the acquisition, and $250,000 for working capital. For Further Information, Call David Smith at 800-545-7214 toll free, or Email: invest@uniserve.com . Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Wolf Industries Inc.) contains statements that are forward-looking, such a statements related to the future anticipated direction of the Internet industry, plans for future expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. SOURCE Wolf Industries, Inc. (C) 2000 PR Newswire. All rights reserved. http://www.prnewswire.com CONTACT: David Smith, 800-545-7214, or invest@uniserve.com, for Wolf Industries, Inc. (WLFN)