ASL Capital Corp provides update – WISEREPORTS & EMERGING EQUITIES MERGER
ASL Capital Corp announced today that Wisereports and Emerging Equities have finalized the merger agreement as stated July 31, 2004. In the merger, Wisereports and Emerging Equities will combine to Emerging Equities (www.ee.aslcapitalcorp.com) a subsidiary of ASL Capital Corp.
For Immediate Release
August 3, 2004
ASL Capital Corp provides update – WISEREPORTS & EMERGING EQUITIES MERGER
TORONTO, ON, August 3, 2004
www.aslcapitalcorp.com
ASL Capital Corp announced today that Wisereports and Emerging Equities have finalized the merger agreement as stated July 31, 2004. In the merger, Wisereports and Emerging Equities will combine to Emerging Equities (www.ee.aslcapitalcorp.com) a subsidiary of ASL Capital Corp.
Wisereports AND Emerging Equities FINALIZE MERGER
The prospect of establishing a single investor education website to cover the spectrum of activity from stock research reports to featured stock picks have finalized all steps to combine these two great companies. Discussions between the Wisereports and Emerging Equities, which initially focused on areas for closer collaboration, have broadened, with the full support of both companies, to examine the advantages of a merger for members of both bodies.
ASL Capital Corp set forth to determine the opportunities that could be created by such a move, and have found these to be far-reaching and very beneficial.
We have an opportunity to create a single professional voice for the investor information community. The advantages of this are considerable.
• The single institute would be the pre-eminent global communicator to industry.
• With a combined network of over 100,000 investors, we would not only secure the long-term future of both organizations but would be able to develop new benefits for members on a significantly greater scale than either body could achieve on its own.
• The size of membership of the single body provides the basis for significant influence at a time when market competition is becoming a very important issue.
• A combined, enlarged, financially stronger organization will be able to move successfully into new exciting areas of opportunity and growth. These opportunities would be much more restricted for separate organizations.
• The combination of Wisereports and Emerging Equities resources will bring advantages to all levels of membership, both in North America and Internationally.
Wisereports and Emerging Equities have both unanimously agreed that this offers a unique opportunity to achieve a complete co-ordination of the investor information network which brings with it very significant opportunities for members of both websites.
ASL Capital Corp – existing wisereports.com subscribers update
Existing wisereports.com annual subscribers will especially enjoy the benefit of this merger between the two websites. Wisereports.com annual subscribers have all been granted an unlimited 3 year Premium Membership effective August 1, 2004 which will expire July 31, 2007. The option to renew the subscription between July 1 and July 31, 2007 will be available at a discounted rate from regular subscription rates in 2007. Existing members login and password ids have not been effected by the change in websites.
ASL Capital Corp – New website rates, and services
Emerging Equities offers a range of services for premium members and the general public. A full list of services can be found on the company website at www.ee.aslcapitalcorp.com. Emerging Equities premium membership rates listed below are effective for the remainder of 2004. ASL Capital Corp expects to raise all membership rates effect Jan 1, 2005 closer to wisereports previous membership rates. Individuals who are recorded as members on or before December 31, 2004, will not be effected by any renewal rate increases for 5 years following your first year of subscription. The rate of $84US per year will remain as the renewal rate for all members on or before the record date noted above of December 31, 2004.
Current Rates:
- 1 year Premium Membership - $84/annually ($7.00 per month)
- 3 year Premium Membership - $189/3 years ($5.50 per month)
- Lifetime Premium Membership - $499 one payment.
Old Wisereports.com Rates:
- Single research report - $19.95 - $29.95
- 1 year Membership - $229.95
ASL Capital Corp, CEO reports “ASL is extremely pleased with the recent corporate developments. We feel that by combining these two websites, ASL will be in a greater position to increase market share thus increasing our investor’s long term growth potential. ASL staff is currently developing several other investor education/information websites, and expect to have one or more online in the next month. Furthermore, I am confident that the membership transfers in place for existing wisereports subscribers will result in a smooth transition to the new website”
ASL Capital Corp website can be visited at www.aslcaptialcorp.com
Information contained herein is the opinion of Emerging Equities ("EE") and is intended to be used strictly for informational purposes. You should be aware that EE attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, EE does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of EE's analyses and/or parties related to those companies. EE also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC and/or OSC, BSC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.
EE, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a EE analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an EE opinion, recommendation or analysis. Information regarding companies which EE has opined upon is normally available from many sources including the subject company's filings with the SEC and/or OSC, BSC and various press releases issued by the company. You should be aware that EE is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating EE's statements regarding a company. EE has not been compensated for publication of this release. EE's officers and directors reserve the right to buy shares of the company discussed in this opinion and may profit in the event those shares rise in value. Emerging Equities is a division of ASL Capital Corp.
Contact: ASL Capital Corp 647.880.5400 info@aslcapitalcorp.com
SOURCE: www.aslcapitalcorp.com
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