InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,070.55
(
1.20%
)
US TECH 100
17,095.60
(
2.05%
)
Dow Jones
38,503.69
(
0.69%
)
Brent Oil
87.65
(
0.09%
)
Bitcoin
66,728.91
(
0.48%
)
Post# of 5044
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

bahhumbug1

Send PM Follow Ignore
Followers 54
Posts 1381
Boards Moderated 0
Alias Born 12/27/2000

bahhumbug1

Member Level

Re: baldwinj post# 1720

Wednesday, 05/23/2001 9:09:17 AM

Wednesday, May 23, 2001 9:09:17 AM

Post# of 5044
05/23 08:07 MPTV Files SB-2: Registered Shares to Support MPTV's Acquisition
<MPTV.OB>

MPTV Files SB-2: Registered Shares to Support MPTV's Acquisition Strategy

IRVINE, Calif., May 23 /PRNewswire/ -- MPTV, Inc. (OTC Bulletin Board: MPTV), an innovator in
Timeshare Resort Development, today announced the filing of its SB-2 with the Securities and
Exchange Commission.

The SB-2 filing will shelf register 400 million shares that had already been authorized as of
March 30, 2000. This press release does not in any way constitute an offer of any securities
for sale.

"This is another step we have taken to prepare for a key acquisition that we are currently
working towards. The newly registered shares are an asset at our disposal that we can use
at our discretion to make acquisitions," stated MPTV's CEO, Hurley Reed.

About MPTV, Inc.

MPTV develops and markets timeshare resort properties. The Company's principal asset is a
multi-million dollar resort property called Lake Tropicana. MPTV's current project is the Lake
Tropicana Timeshare Resort and Towers (www.laketropmptv.com) located in Las Vegas,
Nevada between the MGM Grand Hotel/Casino and the Aladdin Hotel/Casino on the "strip" and
the Hard Rock Cafe on Paradise and Harmon Avenue. The "Harmon Corridor" is undergoing
transformation with two new casino hotels and three large timeshare projects planned for this
area.

Shareholder Contacts: Serena Riedel, RealSense.com Investor Relations, Email
MPTV@realsense.com, Shareholder Calls: 603-685-6000 or 603-890-1373.

Laurel Moody, Vision Consulting, Email laurel@visioncc.net, Calls: 212-509-4565.

This press release does not in any way constitute an offer of any securities for sale. This
press release contains forward looking statements within the meaning of the "safe-harbor"
provision of the Private Securities Litigation reform Act of 1995 about the Company's financial
condition and business prospects that involve substantial risks and uncertainties. You can
identify these statements by the fact that they use words such as "anticipate," "estimate,"
"expect," "project," "intend," "plan," "believe" and other words and terms of similar meaning in
connection with any discussion of future operating or financial performance. Among the
factors that could cause actual results to differ materially are the following: failure to reach
definitive agreements with potential acquisition candidates; failure to find attractive acquisition
candidates; increases in interest rates; a decline in the Las Vegas real estate market or the
timeshare market in general; and general economic conditions in the United States. A further list
and description of these risks, uncertainties and other matters can be found in the Company's
Annual Report on Form 10-KSB for the fiscal year ended December 31, 2000 and in its periodic
reports on Forms 10-QSB and 8-K (if any). These forward-looking statements are subject to
risks and uncertainties that may cause actual results to differ materially. These forward-looking
statements speak only as of the date hereof. The Company disclaims any intent or obligation to
update these forward-looking statements.

MAKE YOUR OPINION COUNT - Click Here

http://tbutton.prnewswire.com/prn/11690X16151257 SOURCE MPTV, Inc.

-0- 05/23/2001

/CONTACT: Serena Riedel, Investor Relations of RealSense.com, 603-685-6000, or
603-890-1373, MPTV@realsense.com; or Laurel Moody of Vision Consulting, 212-509-4565,
laurel@visioncc.net, both for MPTV, Inc./


Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up