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 : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (9769)	3/19/1999 10:03:00 AM
From: Daniel Miller	Read Replies (1) \| Respond to of 15987

ABFG news... Corporation Milestone Achieved Over the Last Sixty Days Provides Excitement For the Future DEERFIELD BEACH, Fla., March 19 /PRNewswire/ -- American Benefits Group Inc. (OTC Bulletin Board: ABFG - news) is pleased with the accomplishments of its various Corporations and the direction of its business since the launch of its Internet Business Division. On January 15th, ABFG opened their first Internet beta site thegemstore.com and have been very pleased with the results. The response to the site and the recently announced alliance with Kanakaris Communication Inc. (OTC Bulletin Board: KANA - news), together with ABFG's other recently opened Internet shopping sites (''vitualvitamins.com'' and ''adventureandtravel.com''), have combined to position ABFG for tremendous growth. ''I believe ABFG is now ready to aggressively pursue a segment of the Internet retail business market which we can dominate. We have built the infrastructure in our new location and are hiring additional staff in order to continue our growth and service the various ventures we have initiated to date. I am hopeful that our hard work will be rewarded with the completion of three or four joint ventures which will diversify the ABFG portfolio of interests and increase the bottom line value of the Company,'' said Jerry Mikolajczyk, President of ABFG. Next week ABFG will be opening its fourth Internet retail outlet to be named ''art on rodeo.com'' in keeping with the Company's intent to market the name ''Rodeo Island'' www.rodeoisland.com as the Internet Shopping Mall of the future. The inventory for this new outlet will be one-of-a-kind art pieces and collector items. A Press Release is tentatively scheduled for next Wednesday, March 24th, to outline the inventory available. www.artonrodeo.com is currently finalizing the details for its first Internet Art Auction scheduled for June 1999. ''A lot of people have asked the question, how real is ABFG's holdings in Madagascar?'' said Jerry Mikolajczyk. ''To answer this question, I am pleased to announce that ABFG will be chartering a plane to fly 132 people to Madagascar on the Labor Day weekend to walk the sites and hold an on-line broadcast from Madagascar.'' ABFG is anticipating sending 60 shareholders, 30 customers and 20 professional analysts to review the sites and recognize the potential of ABFG's holdings. The trip will commence in New York City with a Due Diligence meeting and then fly to Madagascar via Paris. Details of the trip will be announced by the Company via an Internet Video Broadcast scheduled for March 25, 1999 at 4 p.m. EST. ABFG is presently working with corporate counsel to complete the Form 10 documents to ensure they become a reporting issuer. American Benefits' mission is to enhance shareholder value through the development of profitable business operations. American Benefits is an active and aggressive Company building and diversifying its portfolio through the development of new operations, the acquisition of profitable operations, the utilization of the most modern and advanced technology available and the maximization of the strengths of their employees. For Further information on this news release or on the Company, please contact: Jerry G. Mikolajczyk,President, or Kelly Kellner, Investor Relations, Telephone number: 888-533-4555, or e-mail: Info@abfg.com, or www.abfg.com. This press release contains forward-looking information within the meaning of section 27A of the securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Such forward looking-statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that reserves, production, pricing levels or other factors pertaining to the mining, manufacturing and retail operations will be sustained at the expected rates or levels over time. Discussion of factors which may affect future results are contained in our recent filings. SOURCE: American Benefits Group, Inc. -------------------------------------------------------------------------------- More Quotes and News: American Benefits Group Inc (OTC BB:ABFG - news) Kanakaris Communications Inc (OTC BB:KANA - news) Related News Categories: internet, retail