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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?

To: Spamboy who wrote (3033)	4/28/1999 4:24:00 PM
From: Shark King	Read Replies (3) \| Respond to of 4128

It's always nice when a plan comes together... ABFG looks like a great investment. Thanks for calling this news release to our attention. Wednesday April 28, 3:32 pm Eastern Time Company Press Release SOURCE: American Benefits Group, Inc. ABFG Adds Sales Forces and Expands Jewelry Lines in RodeoIsland.com DEERFIELD BEACH, Fla., April 28 /PRNewswire/ -- American Benefits Group, Inc. (ABFG) (OTC Bulletin Board: ABFG - news) announces three main expansions in the business development of their Internet Shopping Mall, RodeoIsland.com (www.rodeoisland.com). First, TheGemStore.com (www.thegemstore.com) increases inventory. Second, RodeoIsland.com adds sales forces to expand e-commerce. Third, ABFG-TV opens sales advertising department. ''TheGemStore.com'' on the Internet Shopping Mall, RodeoIsland.com is increasing its sales inventory. The additional items will be available May 5, 1999. The two new lines being added include a wide selection of women's earrings and necklaces under the ''Baroness Line'' and a Religious Jewelry line. The price range of these products will range from $39.00 to $1,400.00. ''We believe that the price ranges have been targeted to meet consumer demand,'' stated ABFG President, Jerry G. Mikolajczyk. RodeoIsland.com, ABFG's Internet Shopping Mall, is expanding its Network Operations Center and increasing its bandwidth in order to accommodate the full operations of the mall. These improvements will facilitate the expected growth enabling consumers and businesses to sell quality products in a secure Internet environment. In providing a host site, potential clients of RodeoIsland.com can select their building, style, and decor of their 3D storefront and have it uniquely located on RodeoIsland.com, providing the location is still available. The expansion of the network operations has necessitated ABFG increasing its sales force to facilitate incoming requests for space on RodeoIsland.com and to expand the e-commerce of RodeoIsland.com. In keeping with its established strategic plan, ABFG will lease space in their Internet Shopping Mall, RodeoIsland.com, to businesses providing the products offered are not in competition to currently offered products or stores in the mall. In anticipation of the full launch of ABFG-TV, the expanded Network Operations Center and associated services will allow RodeoIsland.com to attain higher visitation to its Internet Shopping Mall. During the Beta Testing of its Internet television service, ABFG-TV will begin selling time slots and infomercials to people and corporations looking to advertise. ABFG-TV will commence operations on an 8-hour per day basis and be expanded to 24 hours per day in the future. ''We believe that with our expanded Network Operations Center capabilities, we will be able to increase our market position on the internet and increase our profits by leasing space on RodeoIsland.com to businesses looking to offer products capitalizing on consumers visiting our mall. In an effort to accomplish this end, we will be hiring a sales force to obtain additional suppliers and to lease space on RodeoIsland.com.'' stated ABFG President, Jerry G. Mikolajczyk. This is the first of a series of Press Releases informing our shareholders of the progress and implementation of the companies established business plan prior to our full technical briefing scheduled for mid-May. For further information on this news release or on the Company, please contact: Jerry G. Mikolajczyk, President & CEO, or Kelly Kellner, Investor Relations Telephone number: 888-533-4555 Toll Free Fax number 877-305-4171 Info@abfg.com 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. Discussions of factors, which may affect future results, are contained in our recent filings. Under no circumstances does this Press Release constitute an offer to sell or a solicitation of an offer to buy the securities of the company described in this Press Release in which such offer, solicitation or sale of securities would be unlawful prior to registration, qualification or filing under the securities laws of any jurisdiction. SOURCE: American Benefits Group, Inc. -------------------------------------------------------------------------------- Related News Categories: internet, retail