VentureNet Capital Group, Inc. to Distribute Newly Acquired Shares of Stock as a Dividend to Existing Shareholders
09 Agosto 2007 - 5:00AM
Business Wire
VentureNet Capital Group, Inc. (Pink Sheets:VNTN) announced today
that it is developing a plan to distribute a portion of the shares
of stock it acquires as payment�for its consulting and media
services to VentureNet Capital Group, Inc. shareholders of record.
The exact percentage and timing of this dividend distribution is
still being worked out and subject to regulatory approval if any.
About VentureNet Capital Group VentureNet Capital Group is a
business consulting and management company that provides capital
information, media services, advertising and marketing as well as
funding to public and private companies. The company specializes in
helping with funding public businesses that represent emerging
growth opportunities as well as established companies that
demonstrate potential for long-term capital growth. VentureNet
produces a radio talk show called wallstreetnewshour.com, and
co-produces a national television show filmed on the floor of the
American Stock Exchange called Let's Talk Stock, to help profile
public companies to the capital markets. VentureNet also markets
JIAN business software at www.jian.com/a/mkb123. Certain statements
in this news release may contain forward-looking information within
the meaning of Rule 175 under the securities Act of 1933, and are
subject to Rule 3B-6 under the Securities Exchange Act of 1934, and
are subject to the safe harbor created by those rules. All
statements, other than statements of fact, included in this
release, including, without limitation, statements regarding
potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and other results and further events could differ
materially from those anticipated in such statements. Technical
complications that may arise could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The company cautions that these forward-looking statements
are further qualified by other factors. The company undertakes no
obligation to publicly update or revise any statements in this
release, whether as a result of new information, further events or
otherwise.
Venturenet Capital (CE) (USOTC:VNTN)
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