Urban Television Network Denounces Erroneous Posting of 8K Filing
January 24 2005 - 2:32PM
PR Newswire (US)
Urban Television Network Denounces Erroneous Posting of 8K Filing
FORT WORTH, Texas, Jan. 24 /PRNewswire-FirstCall/ -- Urban
Television Network Corporation (OTC:URBT) (BULLETIN BOARD: URBT)
denounces the erroneous positing on an 8K filing on the Securities
and Exchange EDGAR system. Randy Mosley, CFO of Urban Television
Network clarified today that the 8K filing related to the Diamant
Art Corporation (OTC:DIAAF) (BULLETIN BOARD: DIAAF) was erroneously
posted under the company's registration number with the Securities
and Exchange Commission and was subsequently picked up by
announcement reporting services. Urban Television Network
Corporation has submitted a letter to the SEC notifying the
commission of this erroneous posting. About Urban Television
Network Corporation Fort Worth, Texas based Urban Television
Network Corporation is a television network composed of broadcast
television station affiliates across the country that air
programming supplied by the network via satellite transmission. The
network is the first and only minority certified network to
specifically target America's urban market that is comprised of
African Americans, English speaking Hispanic Americans and many
other urban consumers. The network competes with BET, which is
owned by Viacom Inc., and other services for the urban market niche
that the Company believes is underserved at this time. The network
has approximately 70 affiliates with a household coverage of
approximately 22 million households. For additional information
about the Urban Television Network visit us on the Internet at
http://www.uatvn.com/ . Forward-Looking Statements This document
contains forward-looking statements and information as that term is
defined in the Private Securities Litigation Reform Act of 1995,
and, therefore, is subject to certain risks and uncertainties.
There can be no assurance that the actual results, business
conditions, business developments, losses and contingencies and
local and foreign factors will not differ materially from those
suggested in the forward-looking statements as a result of various
factors, including market conditions, competition, advances in
technology and other factors. DATASOURCE: Urban Television Network
Corporation CONTACT: Stafford Connor, +1-817-475-8152, or , for
Urban Television Network Corporation Web site:
http://www.uatvn.com/
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