To: Mr Metals who wrote (127 ) 3/19/1999 9:26:00 AM From: CJacks Read Replies (2) | Respond to of 258
Payforview.com Announces 3 for 2 Forward Stock Split Friday March 19, 8:31 am Eastern Time Company Press Release Payforview.com Announces 3 for 2 Forward Stock Split RENO, Nev.--(BUSINESS WIRE)--March 19, 1999--Payforview.com (OTC BB: PAYV - news) is pleased to announce that the Board of Directors has approved a 3 for 2 forward split of the common stock of the Company. Due to consistently greater trading volume and rapidly increasing shareholder base, it was deemed that this split by the Company was necessary in order to provide shareholders with an opportunity for increased liquidity in the marketplace. The Effective date for this forward split has been set for shareholders of record on the close of business April 9, 1999. In order to receive three new common shares for every two currently held, shareholders or their investment brokers will be required to submit the old share certificates to the Company's transfer Agent, Alexis Stock Transfer (phone:(760) 773-9227), for conversion. WEBWIRED PARTNERS TO BROADCAST AT RED HERRING COMMUNICATIONS EVENT Payforview.com is pleased to announce a joint venture with ''WEB WIRED'', a broadcast television series about the world wide web, for future webcast on Payforview. ''WEB WIRED'' will feature segments from RED HERRING'S 'VENTURE MARKET SOUTH' conference with host, Terry Quinn. 'Venture Market South' is sponsored by Red Herring Magazine redherring.com , the leading source of analysis, news and up-to-the-minute information on the business of technology. Part of Red Herring's world tour of Venture Market Series and Business Strategy Conferences, Venture Market South showcased over 40 of the Southeast's most promising private technology companies to well known venture capital and finance companies such as Arthur Andersen and Hambrecht & Quist. Featured keynote speakers at the event were SKY DAYTON, Founder and Chairman of EARTHLINK (Nasdaq: ELNK - news) and SABEER BHATIA, Co-founder of HOTMAIL & General Manager of MICROSOFT (Nasdaq: MSFT - news) Payforview's President Marc Pitcher says, ''This was an excellent opportunity to demonstrate the type of business programming Payforview will be able to offer its business subscribers in the future. Shows such as ''Web Wired'' offer relevant programming regarding business and the Internet, and high powered conferences like Red Herring's Venture Market South demonstrate the ability to be a 'virtual delegate' at business events.'' In an interview with Web Wired and Payforview, Red Herring President Tony Perkins called the event an excellent success. ''We exceeded our expectations, and had a larger attendance than was originally anticipated. We had some excellent Southern High Tech companies represented, and last year's event led to over $95 million in new financing for similar companies. We expect this year's event to be even more successful.'' WEB WIRED and joint venture partner NEWSDOMAINS INC. provides its viewers with a guided tour of the Internet and introduces client web sites to a television audience. Web Wired is a fast-paced informative 30-minute television program exclusively focused on marketing the most unique web sites on the Internet and delivers timely information in an entertaining way to an audience seeking a map to the Information Superhighway. Payforview.com is pleased to announce that Wall Street Research Group's recommendation on Payforview. com. The Wall Street Research publishers of the ''Wall Street Research Report'', listed payforview.com as a recommended buy. In describing the strengths of payforview.com, Wall Street Research Group pointed to strong content acquisition plans, highly anticipated technology joint ventures and excellent diversification through record and film sales as reasons to believe payforview.com is poised for excellent growth. Marc Pitcher, payforview.com President, says the company is meeting its targets and is building a solid base from which to become a premier provider of filmed and audio entertainment on-line. ''We are pleased to be recognized for our growth to date, and for the value we've been able to bring to our shareholders. Recommendations like this (from Wall Street Research) help us to further our goals and continue work towards becoming an Internet broadcast industry leader''. Other Internet broadcast companies include BROADCAST.COM (Nasdaq: BCST - news) and VISUAL DATA CORP. (Nasdaq: VDAT - news). Go to wallstreetresearch.net to view the Wall Street Research Report, or call Toll Free in the USA 1-888-615-1145 to request a written report, which will be mailed to you. Payforview.com is an Internet based Entertainment Company which will distribute movies, music, sports and live events direct to viewers on a pay-for-view and retail basis. The Company is in the process of acquiring content and creating programming and broadcasting specifically for the Internet. The Company's music division, Street Solid Records, is scheduled to launch its website in mid April 1999. Additionally, Payforview.com intends to negotiate with other content providers and distributors to acquire the Internet broadcast and DVD rights to other video content. ON BEHALF OF THE BOARD OF payforview.com Marc Pitcher President For Further Information, Contact: Corporate Communications for payforview.com Toll Free: 1-800-545-7214 Fax 604-688-9519 email: invest@payforview.com or web: payforview.com . CERTAIN INFORMATION INCLUDED IN THIS COMMUNICATION (AS WELL AS INFORMATION INCLUDED IN ORAL STATEMENTS OR OTHER WRITTEN STATEMENTS MADE OR TO BE MADE BY Payforview.com) CONTAINS STATEMENTS THAT ARE FORWARD-LOOKING, SUCH AS STATEMENTS RELATING TO THE FUTURE ANTICIPATED DIRECTION OF THE INTERNET INDUSTRY, PLANS FOR FUTURE EXPANSION, VARIOUS BUSINESS DEVELOPMENT ACTIVITIES, PLANNED CAPITAL EXPENDITURES, FUTURE FUNDING RESOURCES, ANTICIPATED SALES GROWTH AND POTENTIAL CONTRACTS. THESE FORWARD LOOKING STATEMENTS ARE SUBJECT TO A NUMBER OF KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL OPERATIONS OR RESULTS TO DIFFER MATERIALLY FROM THOSE ANTICIPATED. -------------------------------------------------------------------------------- Contact: Payforview.com, Reno Marc Pitcher, 800/545-7214 -------------------------------------------------------------------------------- More Quotes and News: broadcast.com inc (Nasdaq:BCST - news) Payforview.com Corp (OTC BB:PAYV - news) Visual Data Corp (Nasdaq:VDAT - news) Related News Categories: banking, computers, entertainment, internet, telecom