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e-Net Financial.Com Corporation Holds Special Shareholders Meeting
Wed Mar 01 00:05:00 EST 2000
COSTA MESA, Calif., Mar 1, 2000 /PRNewswire via COMTEX/ -- e-Net Financial.Com
Corporation (OTC Bulletin Board: ENNT; BERLIN: ENNT.BE)
(
money.berlinerboerse.de/cgi-bin/such.cgi?such=925558)) announced today
that a Special Meeting of Shareholders was held on February 29, 2000.
Michael Roth, President of e-Net Financial Corporation, stated that "the
shareholders approved a Certificate of Amendment to the Company's Restated
Articles of Incorporation authorizing 100,000,000 shares of common stock. This
will allow sufficient additional shares of Common Stock to provide the Company
the flexibility to make such issuances as may be necessary in order for the
Company to complete acquisitions or other corporate transactions."
Mr. Roth continued, "A proposed 3 for 2 stock split was not approved by the
shareholders. There will be no split of e-Net stock at this time."
Mr. Roth added, "This meeting marks another milestone in the Company's growth.
The authorization of additional shares will facilitate e-Net's focus on
strategic acquisitions and alliances."
Shareholders, prospective shareholders, and others interested in e-Net
Financial.Com Corporation are encouraged to verify information and reports they
receive about the Company. Call e-Net Financial Corporation's "Investor
Relations Department" (714) 557-2222; ask for Rick Jarnat, Investor Relations
Representative. Or write to: Investor Relations, e-Net Financial.Com
Corporation, 3941 S. Bristol St., Unit E,
#282, Santa Ana, CA 92704.
e-Net Financial.Com Corporation is a company engaged in the business of
providing financial services in the commercial and residential real estate
markets through both conventional methods as well as through e-commerce via the
Internet and private line communication facilities.
A number of statements contained in this Report are forward-looking statements
which are made pursuant to the Safe Harbor Provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements involve a number
of risks and uncertainties, including the timely development and market
acceptance of products and technologies, competitive market conditions,
successful integration of acquisitions, the ability to secure additional sources
of financing, the ability to reduce operating expenses, and other factors
described in the Company's filings with the Securities and Exchange Commission,
including its 1997, 1998 and 1999 form 10-KSB (CIK
#0000926844). The actual
results that the Company achieves may differ materially from any forward-looking
statements due to such risks and uncertainties.
SOURCE e-Net Financial.Com Corporation
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