Hope shines eternal...but it may take a long time to glow in the dilution.
Onward and hoping the best for all,
George
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biz.yahoo.com
BRIDGEPORT, Conn., Dec. 5 /PRNewswire/ -- Corzon, Inc. (OTC Bulletin Board:
CRZN - news) announced today that it has acquired all of the outstanding
shares of The Simple Card Limited (``Simple''), a privately owned London
based distributor of calling card products in exchange for shares of Corzon
common stock.
Since mid September of this year, Simple has been selling a new series of
prepaid card products, B4B Communications Limited, a wholly-owned Corzon UK
subsidiary which has agreements in place with several international
telecommunications carriers, has been providing the telecommunication
services for the Simple card products. Simple has been purchasing the
underlying minutes for the various products directly from B4B
Neil Higgins, Sales Director for B4B Communications Limited Stated, ``The
acquisition of Simple not only brings a highly recognizable brand name under
Corzon but it is a major step in ''locking up`` distribution points for new
products that B4B and/or Simple might bring to market. Presently, Simple has
130 distribution points for its card products and is constantly adding new
distributors. In addition to bringing a number of reputable point of sale
locations to the Company, Simple also has a store front located in Walton on
Thames which has helped in bringing about product recognition.''
Minesh Patel, Chairman of Simple stated, ``The business relationship between
Simple and B4B has been nothing but a very positive experience for both
companies. It seemed like a natural progression that we join forces more
closely to help ensure the success of our respective companies.'' Mr. Patel
will remain with Simple as President and Director.
Safe Harbor Statement under the Private Securities Litigation Act of 1995:
The statements which are not historical facts contained in this press release
are forward-looking statements that involve certain risks and uncertainties
including but not limited to risks associated with the new uncertainty of
future financial results, additional financing requirements, development of
new products, regulatory approval processes, the impact of competitive
products or pricing, unpredictability of patent protection, technological
changes, the effect of economic conditions and other uncertainties detailed
in the company's filings with the Securities and Exchange Commission.
SOURCE: Corzon, Inc.
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And then we wrote........
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DCI Announces One for One Stock Dividend
HACKETTSTOWN, N.J., Nov. 27 /PRNewswire/ -- The board of directors of DCI
Telecommunications, Inc. (OTC Bulletin Board: DCTC) today declared a one-time
special dividend. Under this declaration, each outstanding share of DCI
Common Stock, held of record as of 5pm Eastern Standard Time on December 6,
2000, will receive one share of Corzon Inc. (OTC Bulletin Board: CRZN) Common
Stock. The shares will be distributed on/or about January 30, 2001 to DCI
shareholders of record.
DCI Telecommunications, Inc. had received forty (40) million shares of
Corzon stock in exchange for the sale of its telecommunications business,
Fone.com, in June 2000.
Today's announcement fulfills the commitment made by John Adams, President
& CEO, at DCI's annual meeting held in August 2000. At that meeting he
announced that it was the intent of the Company's Officers and Board of
Directors to do whatever possible to return some value to DCI shareholders.
The first step in meeting that commitment is this dividend of the shares that
DCI received from Corzon, for the sale of Fone.com.
Safe Harbor Statement under the Private Securities Litigation Act of 1995;
The statements which are not historical facts contained in this press release
are forward-looking statements that involve certain risks and uncertainties
including but not limited to risks associated with the new uncertainty of
future financial results, additional financing requirements, development of
new products, regulatory approval processes, the impact of competitive
products or pricing, unpredictability of patent protection, technological
changes, the effect of economic conditions and other uncertainties detailed in
the company's filings with the Securities and Exchange Commission.
SOURCE DCI Telecommunications, Inc.
CONTACT:
John J. Adams,
President of DCI Telecommunications, Inc.,
908-684-8233,
InvestorRelations@dcic.com |
