LAS VEGAS--(BUSINESS WIRE)--Aug. 2, 2005-- Public Company Management Corporation (OTCBB:
PUBC -
News) announced today that it has included online travel service provider YTB International, Inc. (OTCBB:
YTBL -
News) on the newly released PCMC Bulletin Board 30 Index(TM), which includes the top 30 companies trading on the Over the Counter Bulletin Board (OTCBB). The index, located online at
http://pcmc.stockgroup.com/pcmc30.asp, was created as a service to the millions of investors that follow companies traded only on the Over the Counter markets.
PUBC is a fast-growing, emerging company that provides a number of consulting and advising services to companies seeking to access public capital markets. PUBC's primary service is to help promising private companies become publicly traded companies by listing them on the OTCBB. In fact, the company signed a record of sixteen contracts with new clients from December 2004 through July 2005. PUBC receives an overwhelming majority of its compensation in the form of stock in its client companies. The sixteen contracts PUBC has recently signed are estimated to bring in up to 8,000,000 shares of restricted stock in client companies. Each company has also signed a contractual agreement for compliance services after the company goes public for an aggregate amount of up to 12,000,000 shares of additional stock. This business model represents a genuine win-win situation for PUBC and its clients. As the value of PUBC's client companies increases, so should the value of PUBC's holdings. For more information on PUBC's services, visit http://www.publiccompanymanagement.com/services/
"Congratulations is in order for YTB International," said Stephen Brock, president of Public Company Management Corporation and founder of the PCMC Bulletin Board 30 Index(TM). "It's quite a feat for a small business simply to become a public company. YTB International has not only done that, but has become one of the leading companies trading on the OTCBB. YTB International is an exciting company to watch, and we look forward to continuing to track its progress on the index."
The PCMC Bulletin Board 30 Index(TM) is the only resource of its kind available for those interested in the performance of stocks traded on the OTCBB. The index is comprised of 30 stocks that are selected based on the following eight criteria: (1) three month average trade volume; (2) market capitalization; (3) historical stock price; (4) shares outstanding; (5) estimated float; (6) sales; (7) operating history; (8) industry/sector diversity. (This Index is subject to change without notice; certain events like migration to a mainstream exchange or other factors may be a catalyst for the removal or substitutions.)
About YTB International, Inc.
YTB International is a leading provider of Internet-based travel services with several complementary divisions:
- YTB Travel Network provides support services for its more than 15,000 Referral Travel Agents who sell travel-related services.
- REZconnect Technologies develops online travel stores for full-service agencies, operates a travel agent portal site, and operates several franchise systems and storefront locations throughout the United States, including franchise locations within Wal-Mart SuperCenters.
- REZcity.com, YTB's latest online business model, was rated as one of the top 500 franchise companies by Entrepreneur Magazine in January 2005.
- YourTravelBiz.com is the company's marketing division, selling an online travel business through a national network of independent distributors.
For more information, visit http://finance.yahoo.com/q?d=t&s=YTBL.OB.
About Public Company Management Corporation
PUBC helps business owners create liquidity for investors and long-term value for their companies, shareholders and partners by participating in public capital markets. PUBC supports the full lifecycle of entering the public market through its various subsidiaries:
Education -- Pubco White Papers (http://www.PubcoWhitePapers.com) hosts a comprehensive body of knowledge on private and public equity markets.
Registration and listing -- Go Public Today (http://www.GoPublicToday.com) provides a complete solution to help small companies register securities for public offerings and obtain a listing on the OTCBB.
Regulatory compliance -- Public Company Management Services (http://www.PCMS-Team.com) assists new and existing public companies in negotiating the new complexities of maintaining a public company and creating sustainable and affordable compliance processes.
PUBC leads by example, demonstrating to current and future clients best practices in taking a company public, investor relations, public relations, regulatory compliance, and raising capital.
Safe Harbor
This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.