To: StockDung who wrote (83149 ) 2/6/2003 11:08:34 AM From: Taki Read Replies (5) | Respond to of 122087 Check OPLO out.I wonder if another IBCL. Interesting.Names.google.com .ragingbull.lycos.com Welcome to StockSnake - Now Narrated! ... $20 million per month in revenue in our fourth quarter.” Mr. Reda in ... Marc Schechtman, president of IBUI’s wholly owned construction subsidiary, Global GPP ... www.stocksnake.com/previous/3-18-01.html - 25k - Cached - Similar pages (COMTEX) B: Investor Group Submits Cash Offer to Purchase a Minimum of 5 B: Investor Group Submits Cash Offer to Purchase a Minimum of 51% of OrderPro Logistics Shares Offer Includes Company Financing and Consulting Agreement to Deploy OrderPro Logistics' Services in Europe Tucson, AZ., February 5, 2003 (financialnewsusa.com via COMTEX) -- OrderPro Logistics, Inc. (OTC BB: OPLO), a customer-oriented provider of innovative and cost-effective transportation and logistics software systems and fully integrated third party logistics (3PL) solutions, is pleased to announce that it has received a tender offer to purchase a minimum of 51% and up to 90% of the outstanding shares of OrderPro Logistics at $.50 per share from an investor group headed by Mr. Marc Schechtman. The terms of this offer is subject to the investor group providing $250,000 to the company in the form of a convertible debenture by February 12, 2003. Pending shareholder approval, and receipt of the agreed upon financing of $250,000, the company will issue an option to purchase a minimum of 51% of the outstanding shares. This option agreement must be approved in writing by shareholders of record of OrderPro Logistics by February 10, 2003. The convertible debenture is in the form of a 10% note convertible to 5 million shares after 12 months. As part of this agreement, Mr. Marc Schechtman will be retained as a consultant to manage and develop the company's Global OrderPro Logistics Database (GOLD) and deploy the company's logistic services program in Europe. Mr. Schechtman is currently working with one of the largest information technology companies in the world for the deployment of OrderPro Logistics' GOLD service plan. According to Mr. Schechtman, "We have recognized the potential of OrderPro Logistics' GOLD program and believe the company can capture a significant portion of the 3PL market throughout Europe. We believe in Mr. Windroski's leadership and the potential the company has to position itself as a leader within the global transportation and logistics space. It is our goal, through the execution of the GOLD program to enroll 250,000 new European clients during the next 36 months. Based on our current negotiations and client list, I believe this to be achievable and will help OrderPro Logistics secure its position as a leader in Europe." Mr. Marc Schechtman is President of the Organic Farming Fund. The Organic Farming Fund recently entered into a 3PL agreement with OrderPro Logistics. "This offer is an indication that OrderPro Logistics is being recognized in the marketplace. We are executing our game plan and this should reassure investors that the company is moving in the right direction. This offer is presented by a solid group of investors that believe in the company and the funding we will obtain through their continued participation will enable us to accomplish our short and long term objectives by growing its 3PL services globally and securing acquisitions. This also represents a significant opportunity to expand into Europe and begin servicing an A-list group of clients; which can provide the long-term, stable growth opportunity that investors are looking for today," states Mr. Richard L. Windorski. The current market potential for OrderPro Logistics' 3PL services is approximately $450 million by virtue of offering third-party logistics in combination with leading-edge technology via the Internet. OrderPro Logistics target market are the small-to-medium sized manufacturers with sales in the $25 million to $250 million range and are among the 69% of shippers who use brokers or third-party logistics providers to manage their freight. About OrderPro Logistics, Inc. OrderPro Logistics, Inc. is a customer-oriented provider of innovative and cost-effective logistics solutions. To provide cost-effective and efficient delivery, OrderPro Logistics has created proprietary web-enabled software to manage all transport/shipping processes and maximize inbound-outbound savings while providing complete real-time logistics management services. With expertise and experience in transportation, logistics management, computer/Internet technology and a philosophy of performance-based reward systems, OrderPro Logistics has proven that transportation brokerage/logistics management can be successful in a competitive marketplace. With a team highly capable and experienced employees, the company works across functional lines to maximize efficiency and provide exceptional service to customers. For additional information, please visit www.orderprologistics.com. Forward-Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and are subject to numerous known and unknown risks and uncertainties, which could cause the company's actual results to differ materially from those as indicated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements and should review the company's SEC filings. By Staff Reporter CONTACT: Wendy Prabhu Phone: (602) 748-1343 InvestorInfo@OrderProLogistics.com Financial News USA Tel: +1 626 961 8041 Email: info@financialnewsusa.com Web: www.financialnewsusa.com URL: financialnewsusa.com (C) 2003 Financial News USA, All rights reserved. -0- *** end of story ***