ROANOKE TECHNOLOGY CORP

 

Roanoke Technology Corp. Announces Early Repayment of SBA Loan

PR Newswire - December 10, 2004 08:30

ROCKY MOUNT, N.C., Dec 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- Roanoke Technology Corp. (OTC Bulletin Board: RNKE) announces it has repaid its SBA loan in full.

On Tuesday, December 7th, 2004, Roanoke Technology Corp. repaid in full its SBA loan. The final payment on the loan would have been due on November 1st, 2007. By repaying the loan three years early, the company has eliminated a substantial amount of interest.

RNKE C.E.O. David Smith commented, "Having paid off our small business loan three years ahead of schedule has saved us a considerable amount of long term revenue as well as reduced our monthly expenses. This is just one of many measures we are taking to strengthen RTC's financial stability."

Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company' expectations with regard to the future impact on the company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

SOURCE Roanoke Technology Corp.

John Hicks of Sussex Avenue Partners LLC Associates,760-918-5592http://www.RoanokeTechnology.com

Copyright (C) 2004 PR Newswire. All rights reserved.

---

         idealer Zeitpunkt um einzusteigen - achtet mal auf die News in 2005!




  

Roanoke Technology Corp. Announces Plans to Retire 100 Million Shares Of Common Stock

PR Newswire - November 19, 2004 09:56

ROCKY MOUNT, N.C., Nov 19, 2004 /PRNewswire-FirstCall via COMTEX/ -- Roanoke Technology Corp. (OTC Bulletin Board: RNKE) announces that CEO David Smith plans to convert 100,000,000 shares of his personal stock to preferred stock, allowing RTC to retire the 100,000,000 shares of common stock. This retirement will occur over the course of the next few weeks in 25 million share lots.

RNKE C.E.O. David Smith commented, "This is just one step in our efforts to increase shareholder value."

Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company' expectations with regard to the future impact on the company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

SOURCE Roanoke Technology Corp.

John Hicks of Sussex Avenue Partners LLC Associates,



Gruß
Bernd

Greetz

aber wer den Abend zahlt wird sich rausstellen mein Freund ;-) kann ich noch BICO als Fallschirm nutzen ?