BizRocket.com and ViralPwnage.com Agree to Terminate Letter of Intent; BizRocket.com, Inc. Comments on Temporary Trading Susp...
September 28 2012 - 9:15AM
Marketwired
BizRocket.com, Inc. (PINKSHEETS: BZRT). On
September 6, 2012, the Company and ViralPwnage.com agreed to
terminate their LOI. At this time both companies may review mutual
opportunities that better complement each other in the future.
Separately, the Company has been notified on September 17, 2012
by the SEC that it entered an order to temporarily suspend trading
in Bizrocket.com stock due to questions it had about certain press
releases distributed by the Company. The Company is examining those
press releases and intends to continue to execute on its business
plan.
Safe Harbor Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995 including statements relating to expectations of the 2012 or
2013 fiscal year; The terms and phrases "estimated," "goal,"
"commitment," "possible," "guidance," "expects," "would," "will,"
"continuing," "drive," "believes," "indicate," "look forward,"
"grow," "outlook," "forecasts," "forecast," "projected," and
similar terms and phrases are intended to identify these
forward-looking statements. Forward-looking statements are based on
estimates and assumptions made by BizRocket.com, Inc., in light of
its experience and its perception of historical trends, current
conditions and expected future developments, as well as other
factors that BizRocket believes are appropriate in the
circumstances, including but not limited to general economic
conditions, BizRocket's expectations regarding its business,
strategy and prospects, and BizRocket's confidence in the cash flow
generation of its business. Many factors could cause BizRocket's
actual results, performance or achievements to differ materially
from those expressed or implied by the forward-looking statements,
including, without limitation: risks related to competition;
BizRocket's reliance on key personnel; BizRocket's ability to
maintain and enhance its brand; and difficulties in forecasting
BizRocket's financial results, particularly over longer periods
given the rapid Internet-technological changes and competition.
BizRocket.com, Inc. has no intention and undertakes no obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
Contact: Robert Williams Email Contact 1.754.245.2717
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