Home » Internet » BizRocket.com and ViralPwnage.com Agree to Terminate Letter of Intent; BizRocket.com, Inc. Comments on Temporary Trading Suspension

BizRocket.com and ViralPwnage.com Agree to Terminate Letter of Intent; BizRocket.com, Inc. Comments on Temporary Trading Suspension

CORAL SPRINGS, FL — (Marketwire) — 09/28/12 — (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 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.

Robert Williams


Posted by on 28. September 2012. Filed under Internet. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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