GoNow Securities, Inc. Approved For Membership To The NASD
GoPublicNow.com (OTCBB:GNOW), a publicly traded holding company that
owns and operates the website www.gopublicnow.com, today announced
that one of its subsidiaries, GoNow Securities, Inc., was approved
for membership to the NASD on October 24, 2000.
GoNow Securities, Inc., which GoPublicNow.com has a 50% ownership in,
may operate as a broker/dealer that specializes in Private Placements
of corporate equities, mutual funds by application only, and variable
insurance or annuity products.
Bruce Berman, CEO of the parent company states, “We are very excited
about this approval as it represents a key component in our ever
expanding business model. GoNow Securities is positioned to provide
services for our clients as an investment vehicle to offer, private
placements. And other products”
GoNow Securities now has a branch office located in Newport Beach, CA.
Marcus Hurlburt and Rick Erickson, both licensed Securities
Principals, will run the newly approved entity.
GoPublicNow.com (GPN) is a publicly traded Holding Company. Current
holdings include a minority holding in most of its client companies
and a majority holding in GoBizNow. GoBizNow provides early stage
corporate development services. GPN has formed a wholly owned
subsidiary, GPN Securities, which intends to be its own full service
broker/dealer that intends to provide investment banking services and
further aide the financing of its clients. GPN Securities has been
formed and has begun the registration process with the NASD. No
determination if or when it will be approved is possible at this
The Company also operates the website, www.gopublicnow.com, which is a
Business-to-Business financial portal with unique Internet tools
available to companies who want to raise capital and go public.
Intending to be a virtual syndication network for companies or
entrepreneurs that desire to raise money, go public or need
advisement in these areas, GPN intends to offer a single source
answer for their needs. GPN’s business model intends to allow the
Company the ability to fund diverse group of new client companies as
well as access to capital and professional service providers.
GPN sees itself as an alternative to traditional incubators and
financial companies such as CMGI (Nasdaq:CMGI) or Internet Capital
Group, Inc. (Nasdaq:ICGE), or Safeguard Scientifics, Inc. (NYSE:SFE).
GPN is currently conducting some of its services in the Internet and
traditional Business-to-Business sector, which has seen good exposure
for companies such as Sapient, Inc., Scient Corporation, Ariba, Inc.,
Commerce One, Inc., and webMethods, Inc.
Included in this release are “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Although the company believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance
that such expectations reflected in such forward-looking statements
will prove to have been correct. The company’s actual results could
differ materially from those anticipated in the forward-looking
statements as a result of certain factors including sales levels,
distribution and competition trends and other market factors.