Business Editors/High-Tech Writers
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--March 2, 2004
Cactus New Media I, Inc. (OTCBB:CTSM) announced today it is scheduling a special meeting of the shareholders on March 24, 2004, to bring its shareholders up to date on existing business matters and the developing business plan for the Company. The Company recently acquired an infusion of capital that enabled it to pay outstanding debts and position itself to develop its business plan.
About Cactus New Media I, Inc. - Cactus New Media I, Inc. ("the Company") was incorporated on March 29, 1999, under the laws of the State of Delaware. The Company's business activities to date have primarily consisted of the formation of a business plan for internet link exchanges in connection with internet banner advertising and implementation thereof. The Company is eligible for trading on the Over-the-Counter Bulletin Board under the trading symbol (CTSM). The Company is considered to be in the development stage.
For Investor Relations information, please call: 1-800-288-7499 or e-mail: info@dpmartin.com.
This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
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