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 : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: The Osprey who wrote (94733)	10/25/2001 10:08:02 AM
From: Kevin Clarke	Read Replies (1) \| Respond to of 150070

FTWB may take off with this NEWS Press Release SOURCE: F2 Broadcast Network Inc. F2 Broadcast and Rascals International Announce Merger Plans FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct.24, 2001--F2 Broadcast Network Inc (OTCBB:FTWB - news), a fully reporting company, announced today a planned merger with Rascals International (OTC: RASC - news) of West Orange, New Jersey. ``We are extremely excited about the opportunity that this merger offers our shareholders. With the 4.5 million in revenue that Rascals generates, in addition to our own creates a company with projected revenues of over 7 million, and the single most valuable comedy library consisting of over 400 hours of top name comedians. Rascals was founded in 1983 and provides significantly more exposure and content than our previous comedy club relationship.'' said, Howard Stern CEO of F2 Broadcast. ``F2 Broadcast's expertise in video streaming in addition to their Proprietary Digital Content Manager Software (DCMS) will provide the technology to take our new company to the next level. '', said Ed Rodriguez, CEO of Rascals International. About Rascals International Rascals International operates comedy clubs in Ocean Township and West Orange, New Jersey and is opening new clubs in the Crowne Plaza Hotel Downtown Phoenix, Arizona, the Sheraton Springfield at Monarch Place, Springfield, MA and West Chester, PA. The Company also owns a video library of nearly 400 hours of top name comedians. The Company is headquartered in West Orange, New Jersey and located on the Web at www.Rascalscomedyclub.com About F2 Broadcast F2 Broadcast Network is a provider of Internet video production services specializing in the creation of turnkey solutions for live, on demand, and archived convergent media. F2 Broadcast delivers content via both high-speed Internet access and satellite uplink. With satellite downlink facility in Fort Lauderdale, Florida, F2 Broadcast is uniquely positioned to successfully produce and stream content from any location and deliver it to the World Wide Web. F2 Broadcast Network is the Internet Video Production Partner of PGA TOUR.com and their work can be seen at pgatour.com. Note: Certain statements herein that are not historical are forward-looking statements, which involve risks and uncertainties. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which the forward-looking statements are based are reasonable, it can give no assurances that such expectations and assumptions will prove to have been correct. See the Company's Quarterly Report on Form 10-QSB/A1 for the period ended September 30, 1999 and its Forms 8-K reporting events occurring on December 20, 2000 and January 5, 2001, for additional statements concerning important factors that could cause actual results to differ materially from the Company's expectations, including factors related to the Company's financial condition and the uncertainty of its ability to satisfy its operating expenses until revenues from the sale of certain assets, or from any other source or sources, become available. For Information, or a complete F2 Broadcast Media Kit please contact: F2 Broadcast, 954/736-1800 ask for Robert Fuchs or Howard Stern. -------------------------------------------------------------------------------- Contact: Rascals International, Inc., West Orange Ed Rodriguez, 973/243-8000 Fax: 973-243-8088 Rascalscomedyclub.com