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Microcap & Penny Stocks : UVTF - Universal Media Holdings, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: E.B. who wrote (12)	5/24/2000 3:51:00 AM
From: E.B.	Read Replies (1) \| Respond to of 14

Universal Media Holdings, Inc. Files Form 10 CARLSTADT, N.J., April 5 /PRNewswire/ -- James Zimbler, Chairman and CEO of Universal Media Holdings, Inc. (OTC Bulletin Board: UVTF) announced today that the Company will have filed a 10-SB pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 on Edgar by the end of business today. By virtue of the filing, the Company has taken the most important step to comply with the strict rules of the NASD to become a reporting company. Upon completion of the filing, the Company now will be able to focus all of its energies into continuing to seek, and, when prudent, acquire companies that fit into the model that the Company has developed and that will enable Universal to grow into a dominant e-trans logistics company. Additionally, Mr. Zimbler announced that the Company has entered into a contract to purchase all the outstanding stock of a fully reporting company. Further details will be announced within the next few days. Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that can cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the various Regulatory Authorities having jurisdiction. Smarter PR has been retained to provide public relations services for the above company and as such has received compensation from the company. This compensation may be in the form of cash or securities and/or stock purchase options. Smarter PR and its officers, directors and employees may from time to time have a position in and purchase and sell the securities mentioned. For further information, contact a company representative. -------------------------------------------------------------------------------- SOURCE: Universal Media Holdings, Inc. CONTACT: H. Smith of Smarter PR Inc., 908-351-7746, for Universal Media Holdings, Inc