To: Mitch Aunger who wrote (23 ) 5/11/1999 10:25:00 PM From: David Peters Read Replies (1) | Respond to of 88
Another key announcement. I think it is important to note the business model relative to this addition to the XDOGS staff. Key words relating to the XDOGS business model and this new team member are CONSOLIDATION and a "wealth of merger and acquisition experience". This company means serious business. With the team of resources this company is quietly assembling, it probably won't be long till we see strategic relationships and agreements start rolling in. At that point, it will likely be tough to get this stock for a single digit price. Go XDOGS. See below. MINNEAPOLIS (May 11) BUSINESS WIRE -May 11, 1999--XDOGS.COM (OTCBB:SNOW) announced the appointment of Eric J. Larson, as a Special Advisor to the Company's Board of Directors. Mr. Larson is Senior Vice President--Investor Relations, of General Mills (NYSE:GIS). Prior to his employment at General Mills, Mr. Larson was a partner in investment banking at Morgan Stanley Dean Witter (NYSE:MWD). He was elected a member of the Institutional Investor's All-American Research team for ten consecutive years. "Eric brings a wealth of merger and acquisition experience to XDOGS, and we are confident he will assist us in becoming a leading consolidator in the highly fragmented extreme and action sporting goods industry, with an emphasis on E-Commerce," said The Company's Chairman and Chief Executive Officer, Kent Rodriguez. "We feel his involvement affirms our analysis of the significant opportunities in the extreme and action sporting goods industry," added Rodriguez. "I am very excited to have the opportunity to work with the management team of XDOGS.COM and assist them with the execution of their business model," said Mr. Larson. XDOGS.COM is an emerging consolidator in the highly fragmented extreme and action sports industry with an emphasis on E-Commerce applications. Forward-looking statements contained in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by some statements made in this release. You are cautioned that all forward-looking statements involve risks and uncertainties. Among the factors that could cause results to differ materially are the following: lack of availability of financing; inability to control costs or expenses; manufacturing and distribution problems; and lack of market acceptance of the Company's products. Reference is also made to the risk factors contained in the Company's Registration Statement on Form S-3 (No. 33-80875), which are incorporated herein by reference.