TEMECULA, Calif., Dec. 3, 2002 (PRIMEZONE) -- VentureNet Capital Group, Inc. (Pink Sheets:VNTN) today announced a signing of term sheet with Time Limit Capital, LLC, a Pennsylvania investment firm, for up to one million dollars to be used as working capital.
VentureNet Capital Group, Inc. specializes in providing financing and management expertise to private and public emerging growth companies demonstrating current revenues and a high growth potential.
FORWARD LOOKING STATEMENTS
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
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