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To: LANCE B who wrote (106664)6/18/2002 12:07:24 PM
From: LANCE B  Respond to of 150070
 
CDKX-capable of being a big mover...



To: LANCE B who wrote (106664)6/18/2002 12:17:21 PM
From: Jim Bishop  Read Replies (1) | Respond to of 150070
 
CDKX :-) .043 x .048

CDKnet.com Files 10Q and Completes Acquisition of Initial Financial Services Group
MELVILLE, N.Y.--(BUSINESS WIRE)--June 18, 2002--CDKnet.com, Inc. ("CDK" or the "Company")(OTC Bulletin Board: CDKX - News) announced today that it has filed its most recent 10Q as well as completed the acquisition of 100% interest in Crossover Advisors, LLC, 545 Madison Ave, New York, NY 10022, a privately held financial services group.

The company will be consolidated into Diversified Capital Holdings, Inc., a wholly owned subsidiary of CDK. The company expects that the Diversified subsidiary will serve as the centerpiece of the financial services operations.

Crossover Advisors, LLC's typical clientele are the micro-cap to small publicly traded companies in which Crossover provides specialized services in the areas of management consulting, capital structure analysis and as required, general office administration. The newly acquired subsidiary will move into CDK's Melville offices and continue to maintain office space at 545 Madison Avenue, New York, NY 10022.

"The acquisition of this company represents the first of several component service groups to be integrated into the newly defined strategic business model of CDK. Through the Diversified Capital Holdings subsidiary we are developing our management advisory consulting services business", said Andrew J. Schenker, President of CDKnet.com.

About The Company

CDKnet.com, Inc. through its subsidiary, Diversified Capital Holdings, LLC. provides financial management, consulting, and advisory services to private and micro-capitalized publicly held companies. The company also provides equity financing, evaluations, and introductions via a multitude of equity, debt, and convertible structures.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Company's business, financial condition and results of operations are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies, products, or services, delays in testing and evaluation of products, the effect of the Company's accounting policies as well as certain other risk factors which are detailed from time to time in the in the Company's filings with the Securities and Exchange Commission.

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Contact:

CDKnet.com, Inc., Melville
Andrew J. Schenker, 631/385-6200