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Post by Franko10 ™ on Jan 28, 2005 22:20:44 GMT -5
Jarvis Entertainment Group Comments on Cyber Mark International Split; Transfers Facility and Equipment
HOUSTON--(BUSINESS WIRE)--Aug. 3, 2001
Internet technology and entertainment holding company Jarvis Entertainment Group Inc. (Pink Sheets:JRVE) is pleased to announce the reorganization of CMKI (OTCBB:CMKI) is near completion.
All equipment and production facilities are in the final stages of moving to Houston; JRVE will begin producing Virtual Reality coin operated systems for gaming as well as learning, military, home, and communication usage. JRVE anticipates the VR division, in concert with the other divisions of Jarvis Entertainment Group, to contribute to a growth rate of approximately sixteen percent for fourth quarter of this year and first quarter of next year. With the newly formed VR division in place, JRVE will begin to shift its focus from mergers and acquisitions towards filing audited financials and qualifying for a different exchange.
Concerning the Cyber Mark split:
The split is an action conceived and undertaken by Cyber Mark's previous management, prior to any involvement by Jarvis Entertainment Group (JEG), and JEG had taken no action regarding the split, in support or opposition. While Sam Singal has resigned from his positions at Cyber Mark and JEG has placed John Jarvis as interim chairman and CEO in Cyber Mark, the acquisition is not yet fully complete until obligations are met by both parties. After his appointment as an officer of Cyber Mark on August 2 and learning of the difficulty surrounding the split at that time, John Jarvis spoke to Nasdaq, NASD, and Cyber Mark's transfer agent and legal counsel in an effort to ascertain the status and problem with the 10:1 forward split. Preliminarily, JEG believed there was a problem with the Ex- date or the communication of the Ex- date by Nasdaq; however, JEG is unable to determine the exact fault due to conflicting reports from the aforementioned parties, Nasdaq, NASD, Cyber Mark's transfer agent and legal counsel. Interim Cyber Mark Chairman and CEO John Jarvis has sought the following solution: The stock dividend distribution date will now be made August 16, 2001. All other dates will remain the same. Jarvis Entertainment Group will continue to operate as an entity separate from Cyber Mark at this time.
SAFE HARBOR PROVISIONS
This news release contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors, including, but not limited to, whether clinical trials will be successfully concluded and whether a product will be approved for marketing or be successfully commercialized. Those factors are discussed more thoroughly in The Immune Response Corporation's SEC filings. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
FOR MORE INFORMATION ON THE COMPANY please visit www.jarvisgroup.net for a listing of corporate information, premiere Internet properties and links.
COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group
HOUSTON--(BUSINESS WIRE)--Aug. 3, 2001
Internet technology and entertainment holding company Jarvis Entertainment Group Inc. (Pink Sheets:JRVE) is pleased to announce the reorganization of CMKI (OTCBB:CMKI) is near completion.
All equipment and production facilities are in the final stages of moving to Houston; JRVE will begin producing Virtual Reality coin operated systems for gaming as well as learning, military, home, and communication usage. JRVE anticipates the VR division, in concert with the other divisions of Jarvis Entertainment Group, to contribute to a growth rate of approximately sixteen percent for fourth quarter of this year and first quarter of next year. With the newly formed VR division in place, JRVE will begin to shift its focus from mergers and acquisitions towards filing audited financials and qualifying for a different exchange.
Concerning the Cyber Mark split:
The split is an action conceived and undertaken by Cyber Mark's previous management, prior to any involvement by Jarvis Entertainment Group (JEG), and JEG had taken no action regarding the split, in support or opposition. While Sam Singal has resigned from his positions at Cyber Mark and JEG has placed John Jarvis as interim chairman and CEO in Cyber Mark, the acquisition is not yet fully complete until obligations are met by both parties. After his appointment as an officer of Cyber Mark on August 2 and learning of the difficulty surrounding the split at that time, John Jarvis spoke to Nasdaq, NASD, and Cyber Mark's transfer agent and legal counsel in an effort to ascertain the status and problem with the 10:1 forward split. Preliminarily, JEG believed there was a problem with the Ex- date or the communication of the Ex- date by Nasdaq; however, JEG is unable to determine the exact fault due to conflicting reports from the aforementioned parties, Nasdaq, NASD, Cyber Mark's transfer agent and legal counsel. Interim Cyber Mark Chairman and CEO John Jarvis has sought the following solution: The stock dividend distribution date will now be made August 16, 2001. All other dates will remain the same. Jarvis Entertainment Group will continue to operate as an entity separate from Cyber Mark at this time.
SAFE HARBOR PROVISIONS
This news release contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors, including, but not limited to, whether clinical trials will be successfully concluded and whether a product will be approved for marketing or be successfully commercialized. Those factors are discussed more thoroughly in The Immune Response Corporation's SEC filings. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
FOR MORE INFORMATION ON THE COMPANY please visit www.jarvisgroup.net for a listing of corporate information, premiere Internet properties and links.
COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group
