CEO Lenny Rachitsky Provides Update
19 Julho 2006 - 1:19PM
PR Newswire (US)
NEWPORT BEACH, Calif., July 19 /PRNewswire-FirstCall/ --
SearchGuy.com, Inc. (Pink Sheets: SHGY), a creative provider of
multi-category search and advertising services, is excited to
announce some changes that will be taking effect in the near
future. The company intends to do a re-organization of the company
in order to add shareholder value. This process will be done
through our newly appointed counsel, Solnik and Solnik. There will
be updates regarding this re- organization shortly. States Lenny
Rachitsky, CEO of SearchGuy.com, Inc., "This is the right time for
this I believe. Our new counsel has been hired to do what needs to
be done for this company in order to take it to the level we have
promised our dedicated shareholder base all along. The company
wants to be listed on the OTCBB, and to be able to publish our
audited financials proudly to the public as well. That being said,
this re-organization will enable many of the kinks currently in the
process to be taken care of in short order. " The Company has
signed a letter of Intent to Merge with Online Publication site
InternetPlays.com. InternetPlays.com is home to the premier online
destination for active traders. Established in 1999, the company is
a multi- million dollar enterprise. It has won acclaim from such
publications as Forbes, Barrons, and Bloomberg television. About
SearchGuy.com, Inc. SearchGuy.com is a creative provider of
multi-category search and advertising services. Founded in 2001 by
Lenny Rachitsky, SearchGuy.com provides all-encompassing search
solutions to the end user, at absolutely no cost. A
state-of-the-art advertising system simplifies and reduces costs
for advertisers. SearchGuy.com is headquartered in the heart of
Silicon Valley, with plans to expand worldwide. For more
information, visit http://www.searchguy.com/. This press release
contains "forward-looking" statements as that term is defined by
Section 27A of the Securities Act of 1933, as amended, (the
"Securities Act") and Section 21E of the Securities Exchange Act of
1934, as amended, (the "Exchange Act"). All statements that are
included in this press release other than statements of historical
fact are "forward-looking" statements. Although management believes
that the expectations reflecting in these forward-looking
statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. Important factors
could cause actual results to differ materially from the
expectations as disclosed herein, including without limitation, in
conjunction with these forward- looking statements contained in
this press release. 895 Dove Street Third Floor Newport Beach, CA
92660 Phone: 949-851-4602 Fax: 949-258-5235 Contact: Lenny
Rachitsky 949-851-4602 DATASOURCE: SearchGuy.com, Inc. CONTACT:
Lenny Rachitsky of SearchGuy.com, Inc., +1-949-851-4602 Web site:
http://www.searchguy.com/
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