**ALERT:NEXT VCSY:VCNA ANNCS 15:1 SPLIT!!!!**
the...@my-deja.com
Do your own DD, but don't miss this boat!
SUMMARY DD for NEW INVESTORS:
* 15:1 forward split
* announcement to be made within 10 business days
* 2 million in outstanding shares; only 600,000 in float
* split will provide for 30 million in outstanding shares
* company will announce a press release early next week with the exact
split date
* VCNA provides landscaping services and landscaping retail outlets,
with plans to expand throughout North America to over 200 locations by
year 2005.
TORONTO, Feb 18, 2000 (BUSINESS WIRE) -- The Board of Directors of
VenCap Capital Corporation is pleased to announce that in keeping with
the terms of a proposed financing the Company has approved a forward
split of 15 shares for every one share of its common stock currently
authorized.
As a result of the forward split of the stock, there are approximately
30,000,000 shares issued and outstanding.
The Company is actively pursuing a financing in excess of $500,000 to be
used in conjunction with its previously announced expansion plans in
North Carolina which are currently on track. Split news seems to be the
rage now days with the likes of VCSY and OTCA. Now VNCA announces a 15
for 1 split.
VenCap trades on the OTC-BB-VNCA. For more information please visit or
call Mr. Roger Kirby at 1-905-820-7894.
Safe Harbor" statement under the Private Securities Litigation Reform
Act of 1995: This release contains forward looking statements that are
subject to risks and uncertainties, including, but not limited to, the
impact of competitive products and pricing, product demand and market
acceptance, new product development, reliance on key strategic
alliances, availability of raw materials, the regulatory environment,
fluctuations in operating results and other risks detailed from time to
time in the Company's press releases.
VenCap Capital Corporation Defines Online Internet Development Strategy
for Let's Landscape (together) Inc.
Business Wire - January 14, 2000 09:43 TORONTO--(BUSINESS WIRE)--Jan.
14, 2000--VenCap Capital Corporation (OTC BB: VNCA), today defined its
online Internet development strategy for Let's Landscape (together)
Inc., its rapidly growing North American retail chain of landscape
design, supply and installation outlets servicing "do-it-yourself"
residential consumers and professional landscape contractors.
To meet its aggressive expansion policy, the Company announced on
January 7, 2000 that it has scheduled a Spring 2000 opening of its first
U.S. based location with plans to open an additional 200 such retail
storefront locations throughout the Continental United States and Canada
over the next 5 years.
In addition to its retail expansion plans, the Company intends to
augment its revenue model driving multiple revenue streams by leveraging
the Internet to deliver the same service and supply provided by their
retail outlets. These include but are not limited to revenue derived
from: spot and banner advertising by national product manufacturers
suppliers and distributors, preferred supplier fees charged to partners
who qualify as regional primary suppliers of products and materials ,
online real time design and project management services and traditional
mark-up on delivery of landscape products and materials.
Initial launch efforts will focus on developing and hosting a web based
landscape and horticulture community dedicated to the furtherance of the
landscape and horticulture enthusiasts' self expression. A community of
this nature, free of geographical borders enables an exchange of ideas,
the ability to chat in real time and the capacity to offer online
educational services on new products and their application sponsored by
national manufacturers, suppliers and distributors.
Subsequent expansion of the Let's Landscape (together) online community
is to establish an Internet based franchise network of product and
service brokers, the Internet equivalent of the Company's retail
locations. Dealing with preferred suppliers, the broker network will
supply and service online customers within their local or regional
franchised area as referred by the Company's corporate office.
Within this infrastructure will exist a retail and commercially driven
E-commerce component targeted to online purchase of design, project
management, landscape materials supply and installation services.
Industry sources for 1998 indicate the landscape and horticulture
markets generate $25 billion per annum in the United States and that the
niche landscape market generates an additional $14 billion per annum.
Canadian revenues for a combined industry of landscape, horticulture and
garden centres is valued at over $10 billion.
VenCap Capital Corporation trades on the Over The Counter Bulletin Board
symbol (OTC BB: VNCA).
For more information please visit the company website at
www.letslandscapetogether.com or call Mr. Roger Kirby at 905/820.7894.
VenCap Capital Corporation Targets Spring Opening for First US Outlet
FRIDAY, JANUARY 07, 2000 9:24 AM
- BusinessWire
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Before you buy.