 |
 | |
 |  |
| 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. |
SSCP a new player? Presently at 1.03125 x 1.0625 stereoscape.com Announces Major Management Changes and a Renewed Growth Strategy FREEHOLD, N.J.--(BUSINESS WIRE)--June 20, 2000--stereoscape.com, inc. (OTCBB:SSCP) today announced major revisions in its management team in its on-going effort to implement a major growth strategy. The Board of Directors announced the appointment of Mario Bassani as stereoscape.com's new Chairman and Chief Executive Officer and Gary Hyman, CPA as its new Chief Financial Officer and a director. Scott Halperin, the Company's Chairman and Chief Executive Officer, and Bernie Lillis, the Company's Chief Financial Officer offered their resignations in order to assist the Company in this move to engage a professional day-to-day management team for the Company. In a joint statement to the Board Halperin and Lillis stated "Because of our many other responsibilities we find that we cannot devote the amount of time necessary to do the kind of job we would like to do for stereoscape.com, inc. on a `hands-on' basis. We believe it is an excellent idea to engage a professional day-to-day management team for the Company at this time and we believe this move will increase the effectiveness of the renewed growth strategy." In a related move, Steve Wise steps down as the Company's Chief Executive Officer, and will give up his day-to-day responsibilities. He will remain with the organization as President of Alpha Sound and Vision, Inc. and American Buyers Club International, Inc. and will devote fill time to sales and marketing of the Company's products. "We are currently exploring various avenues for growth including expanding our internet presence, increasing advertising for our retail store, importing and distributing new product lines, and several key acquisitions," stated Mario Bassani, the Company's new Chairman and Chief Executive Officer. "We are confident that the Company will succeed in realizing many of the above growth opportunities." stereoscape.com through its subsidiaries, Alpha Sound and Vision, Inc. and American Buyers Club International, Inc. sells high-end audio, video and home theatre equipment through the Internet and its retail outlet in Freehold, New Jersey. This release contains forward-looking statements that involve risks and uncertainties. The Company's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, general economic and business conditions; industry trends; the loss of major customers; changes in demand for the Company's product; the timing of orders received from customers; dependence on third party sources of supply; the loss of licenses; availability of management; availability, terms and deployment of capital; and changes in state or federal governmental regulations of telecommunications services. CONTACT: stereoscape.com inc., Freehold Mario Bassani, 800/354-1324 KEYWORD: NEW JERSEY BW2669 JUN 20,2000 9:53 PACIFIC 12:53 EASTERN | ||||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |