To: TokyoMex who wrote (968 ) 7/27/1998 8:51:00 AM From: Jack of All Trades Respond to of 119973
NAVR Bidding higher this am 7 3/16 lets see if it holds.... Monday July 27, 8:31 am Eastern Time Company Press Release SOURCE: NetRadio Corporation NetRadio Corporation Plans to File Registration Statement for Initial Public Offering of Common Stock MINNEAPOLIS, July 27 /PRNewswire/ -- NetRadio Corporation, a wholly owned subsidiary of Navarre Corporation (Nasdaq: NAVR - news), today announced that it intends to file a registration statement with the Securities and Exchange Commission for an initial public offering of common stock. Mr. Eric Paulson, CEO of NetRadio, stated, ''The primary focus will be to increase working capital in order to best pursue the strategic plans of NetRadio.'' NetRadio Corporation is the premier Internet radio network featuring 150 channels of originally programmed audio content and sells audio CDs and computer software through its commerce and content sites www.cdpoint.com and www.softwarepoint.com at www.netradio.net. A registration regarding these securities has not been filed with the Securities and Exchange Commission. These securities may not be sold nor may orders be accepted prior to the time the registration statement is filed and becomes effective, and such offer can only be made by prospectus. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State or Country in which such offer, solicitation or sale would be unlawful prior to registration or qualifications under the securities laws of any such State or Country, and can only be made by prospectus. SOURCE: NetRadio Corporation More Quotes and News: Navarre Corp (Nasdaq:NAVR - news) Related News Categories: computers, entertainment, leisure/travel