KISSIMMEE, Fla., Feb. 12, 2003 (PRIMEZONE) -- MarketBeasts.com LLC has completed all of its financial and material obligations as defined by its merger agreement with Broadway Capital, Inc. originally announced October 17, 2002. The company is now completing the filing of the National Association of Security Dealers (NASD(r)) forms for listing. Founding principal Scott Piel noted: "MarketBeasts has developed a concise business plan with reasonable goals and timelines and I am pleased to see that it is consistently meeting our goals on schedule. MarketBeasts.com LLC remains confident that it will complete the first round of private capitalization and attain public listing by the end of the 1st Quarter, 2003, as planned."
About MarketBeasts.com
MarketBeasts.com, headquartered in Central Florida, operates an on-line data and information service at http://www.MarketBeasts.com targeted specifically to non-professional securities investors. The company's principal goal is to close the information gap that exists between professional and non-professional investors at a competitive price through the acquisition and distribution of the most reliable, complete, accurate and timely market data as can be obtained. Membership at the MarketBeasts.com is free and without hidden costs, offering both free and subscription-based services.
Safe Harbor Statement:
Except for the historical information contained herein, the statements in this press release are "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company.