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The Emerging Company Report TV Program, Weekend of 2/26 Hollywood, CA-Emerging Company Report, the nationally syndicated television program which profiles emerging-growth companies (http://www.emergingcompany.com), features interviews this week with Cool Entertainment, Inc. (OTC-BB: MNGD) and Praxis Pharmaceuticals, Inc. (OTC-BB: PRXX). Cool Entertainment, Inc. has undergone a name change and has proposed the symbol CULE, which is scheduled to be assigned the first week of March. Incoming President Clement Lau talked of the company's intention to become a one-stop Internet shopping center for entertainment products such as CD music, Video movies, etc. The coolent.com web site, being launched in early Summer, will also feature chat rooms, interaction with celebrities and free email accounts. Praxis Pharmaceuticals, Inc. Finance Director David Stadnyk announced the company's acquisition of an organ-rejection drug. The company also features carbohydrate-based drugs to treat inflammatory diseases like psoriasis and ocular inflammation. In a discussion which included Dr. William Cowden via telephone from Australia, the company expressed optimism about their future growth. While we have been approached by large pharmaceutical companies regarding a merger or buyout, said Stadnyk, the company feels it is best to wait to entertain such offers until clinical trials of our drugs are completed. Additional companies featured on Emerging Company Report this week include: Global Telephone Communication, Inc. (OTC-BB: GTCI) President Terry Wong described his company's positioning to become a dominant player in the Internet business in China. Phon-Net Corporation (OTC-BB: PNET) CEO Brian Collins announced a $50 million contract with Adatom, Inc. for national distribution of the Phon-Net Direct Connection Network. What we have done, explained Collins, is to create a marriage between the Internet and consumer's telephones. Lifepoint, Inc. (OTC-BB: LFPT) President and CEO Linda Masterson announced the recent completion of $6 million in financing which brings to a total of $18 million raised by the development stage company. National Health & Safety Corporation (OTC-BB: NHLT) CEO Dr. Dennis Bowers announced their network of member doctors and health care providers has exceeded 700,000 nationwide. Planet City Software, Inc. (OTC-BB: PINC), which has a contract with America Online (NYSE: AOL) announced the acquisition of the Australian company Survive 2000. Also: Venturi Technologies, Inc. (OTC-BB: VTIX) whose proprietary and patented process has according to the company, revolutionized the carpet cleaning and fiber care industry, Wade Cook Financial Corporation (OTC-BB: WADE), RFID Systems, Inc. (OTC-BB: RFID), Communitronics of America, Inc. (OTC-BB: BEEP), Bion Environmental Technologies, Inc. (OTC-BB: BION) and Kolorfusion International, Inc. (OTC-BB: KOLR), whose proprietary technology to decorate items is being licensed by Motorola (NYSE: MOT). Viewers of Emerging Company Report can receive free information in the mail about the featured companies by calling a toll-free phone number on the TV screen. The television program, in its third season, is seen Friday evenings at 11:00 ET, 8:00 PT , Saturdays at 2:00PM ET, 11:00AM PT and Sunday mornings at 11:30 ET, 8:30 PT. The program is syndicated nationally to nearly 24 million homes on more than 150 cable TV systems in the USA. The program can be seen On-Demand at the Emerging Company Report web site, emergingcompany.com Emerging Company Report is not a stock promotion television program. We do not recommend companies or their stocks. We profile emerging-growth companies and provide a toll-free phone number to request free information in the mail. Companies appearing on the television program have paid a cash fee of $9,500. Emerging Company Report does not accept company stock as payment for services and is not compensated based upon a company's stock performance. We suggest members of our audience obtain the free information, do their research and consult with a qualified financial analyst prior to investing risk capital in any venture, whatever that may be. | ||||||||||||||
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