VentureNet Capital Group Seeks Joint Venture/Acquisition in the Wind Energy Field
June 12 2007 - 4:00AM
Business Wire
VentureNet Capital Group, Inc. (Pink Sheets:VNTN) is seeking a
joint venture or acquisition in the ever-growing wind energy
sector. According to the American Wind Energy Association, the U.S.
wind energy industry is putting up equipment in record numbers.
"Wind is now one of the largest sources of new power generation in
the country, second only to natural gas for two years in a row,"
according to Wind Power Outlook 2007. Wind power helps stabilize
electricity costs, generate revenue for farmers and rural
communities and create tens of thousands of jobs. VentureNet
Capital Group, Inc. is positioning itself to become a participant
in this area of emissions-free energy by forming a joint venture
with an existing wind energy company or through a direct
acquisition. About VentureNet Capital Group VentureNet Capital
Group is a business consulting and management company that provides
capital information, media services, advertising and marketing as
well as funding to public and private companies. The company
specializes in helping with funding public businesses that
represent emerging growth opportunities as well as established
companies that demonstrate potential for long-term capital growth.
VentureNet produces a radio talk show called
wallstreetnewshour.com, and co-produces a national television show
filmed on the floor of the American Stock Exchange called Let's
Talk Stock, to help profile public companies to the capital
markets. VentureNet also markets JIAN business software at
www.jian.com/a/mkb123. Certain statements in this news release may
contain forward-looking information within the meaning of Rule 175
under the securities Act of 1933, and are subject to Rule 3B-6
under the Securities Exchange Act of 1934, and are subject to the
safe harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and
objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and other results and
further events could differ materially from those anticipated in
such statements. Technical complications that may arise could
prevent the prompt implementation of any strategically significant
plan(s) outlined above. The company cautions that these
forward-looking statements are further qualified by other factors.
The company undertakes no obligation to publicly update or revise
any statements in this release, whether as a result of new
information, further events or otherwise.
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