The following companies
have released news.
Stream
Acquires Internet Network in Southern Poland...(SCNWF)
DirectView
Secures $1,000,000 in Debt Financing to Assist the Company with Its 2005
Expansion Plans...(DRVW)
China
Digital Communication Group Projects Triple-Digit Increase in Sales for First
Quarter 2005...(CHID)
Stream Communications...(SCNWF)
Press Release: Stream
Acquires Internet Network in Southern Poland
Announced it has acquired an
Internet network in Southern Poland with 2,100 subscribers. The network is
located in proximity to the Company's existing operations, which will allow
Stream to reduce overhead and operating costs.
The additional revenues from this
acquisition bring Stream's overall annualized revenues to $4.5 million for 2005.
This acquisition along with the addition of two networks in the fourth quarter
2004 already puts the Company on pace for a 24% increase from 2004 revenues.
To view the
Full Press Release please visit http://biz.yahoo.com/prnews/050412/latu019.html?.v=6
For the Full Profile on SCNWF please visit http://www.smallcapreview.com/scnwf.htm
DirectView...(DRVW)
Press Release: DirectView
Secures $1,000,000 in Debt Financing to Assist the Company with Its 2005
Expansion Plans
Company announced that they have
entered into a definitive agreement with Highgate House, a private equity fund,
to sell $1,000,000.00 of the Company's 7% Secured Convertible Debentures due
April 1, 2006. The Debentures are convertible into DirectView common stock at a
fixed floor price of no less than $.024 per share.
Commenting on the transaction,
Jeffrey Robbins, President of DirectView, stated, "During the third quarter
of 2004, the Company opened the Texas office and expanded its full time sales
force with additional industry savvy staff; increasing number of full time sales
personnel sets the stage for the Company to rapidly grow its pipeline of orders
for 2005. We also entered into the final phase of testing and development of our
Video IP Telephone, which we expect to launch shortly. This cash infusion goes a
long way in helping us finance our plans for 2005 and beyond." Adam S.
Gottbetter, New York based Portfolio Manager of Highgate House, said, "We
are pleased to provide the capital to help DirectView further its business
plan."
To view the Full
Press Release please visit http://biz.yahoo.com/bw/050412/126071.html?.v=1
For the Full Profile on DRVW please visit http://www.smallcapreview.com/drvw.htm
China Digital...(CHID)
Press Release: China
Digital Communication Group Projects Triple-Digit Increase in Sales for First
Quarter 2005 For
the first quarter of 2005, ended March 31, the Company projects revenue of
approximately $2.71 million, up 250% from unaudited pro forma revenue of
$774,000 in the first quarter of 2004. Net income in the first quarter of 2005
is expected to be approximately $630,000, or $0.01 per fully diluted share, up
from unaudited pro forma loss of ($518,000), or ($0.09) per fully diluted share,
in the year-earlier quarter.
To view the Full
Press Release please visit http://biz.yahoo.com/bw/050412/125369.html?.v=1
For the Full Profile on CHID please visit http://www.smallcapreview.com/chid.htm
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View Inc. profile on its web site and distributing it to its database of
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