Published:
Cody Ventures Corporation (CDYV) Prepares to Launch Additional Dallas/Ft. Worth, Texas Metroplex Tidbits Publications
Tarja Mees, Chief Executive Officer of Cody
Ventures Corporation , announced today that the Company's wholly
owned subsidiary, Cody Ventures, Inc., has successfully negotiated an
agreement with Tidbits Media, Inc. for the publishing rights for the entire
Dallas/Ft. Worth, Texas Metroplex area to publish and distribute weekly
Tidbits publications.
Mrs. Mees went on to say, "As previously announced on October 22, 2004
(MARKET WIRE), the Company had executed an agreement on October 1, 2004, to
acquire Cody Ventures, Inc., also of Cedar Hill, Texas, in an exchange
involving the issuance of 4,170,000 shares of Cody Ventures Corporation for
all the shares of Cody Ventures, Inc.
"Cody Ventures, Inc. (CVI)," Mrs. Mees stated, "is an advertising, printing
and publishing Company, specializing in providing Texas communities with a
free weekly trivia and advertising publication called Tidbits, under
contract with the national publisher, Tidbits Media, Inc. CVI has
successfully launched its weekly Tidbits publication with 100 weekly issues
in print. CVI has set in place a solid distribution network, and is
preparing at this time to aggressively market advertising sales.
Additionally, with adequate expansion capital, Cody Ventures, Inc. is
prepared to launch 17 additional Tidbits publications in the Dallas/Ft.
Worth Metroplex, establishing itself as the preferred
entertainment/advertisement medium in the region.
Mrs. Mees further said, "Cody Ventures, Inc. anticipates, with a full
roll-out of its Tidbits publications in the Dallas/Ft. Worth Metroplex
area, and an expected circulation in excess of 3 million copies monthly,
that eventual yearly revenues may possibly exceed $30 million, with up to
45% profit margins. Additionally, with high weekly circulation and reader
popularity in the Dallas/Ft. Worth Metroplex area, the Company could be
positioned to be a likely candidate for a buyout or takeover by any of the
leading national publishing corporations."
Cody Ventures Corporation's website can be found at www.codyventures.com.
Cody Ventures, Inc.'s website can be found at www.tidbitstexas.com.
A number of statements contained in this Report are forward-looking
statements that are made pursuant to the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995. The forward-looking
statements involve a number of risks and uncertainties, including the
timely development and market acceptance of products and technologies,
competitive market conditions, successful integration of acquisitions, the
ability to secure additional sources of financing, the ability to reduce
operating expenses, and other factors. The actual results that the Company
achieves may differ materially from any forward-looking statements due to
such risks and uncertainties.
Distributed by Market Wire
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Tags: ,Media and Entertainment:BooksandPublishing ,INTHPINK,TX,CEDAR HILL, TX
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