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Microcap & Penny Stocks : SETO Semicon Tools Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (3066)4/12/2000 3:10:00 PM
From: BudLong  Read Replies (1) | Respond to of 3222
 
SETO NEWS!

Now all we need is for Merrill Lynch to recommend the stock to all their brokerage clients....

Wednesday April 12, 1:30 pm Eastern Time
Company Press Release
SETO Holdings Inc. Receives Credit Line From Merrill Lynch
BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--April 12, 2000--SETO Holdings Inc. (OTCBB-SETO) today announced that it has received a $750,000 credit line from Merrill Lynch for working capital.

``This additional working capital will help SETO fund the growth we are experiencing. The credit line is structured so that it can be increased as we meet higher levels of assets, profits and capital requirements. This additional capital is also important for the growth and expansion of SETO's corporate office staff in Briarcliff Manor, NY and the continued enhancement and expansion of the SETO web site: www.setoholdings.com.' said Gene Pian, President, CEO of SETO Holdings Inc.

We are extremely pleased to have a capital funding source as reputable as Merrill Lynch. Their belief in our business model only improves our ability to achieve further future growth as we build a long-term relationship together.