Dallas, TX (PRWEB) October 26, 2004
Citizens Capital Corp. (OTCPK:CAAP.PK) today announced that its Media Force unit has launched its Black Financial News publication and established its worldwide subscription network. Targeted toward the capital which makes possible the annual $500 billion African American consumer spending market projected to exceed $700 billion annually by year 2007, the Black Financial News is a monthly publication positioned as an intersection where people, production, commerce and investment meet to become better acquainted. Worldwide subscriptions are now available to institutions, universities, libraries and corporations through EBSCO Subscription Services (http://www.ebsco.com) and to individual consumers through Amazon.com, Inc. (NASDAQ:AMZN) at: http://www.amazon.com/exec/obidos/ASIN/B00007EN6H.
ÂWe has successfully completed the development of another product and have transformed it into a branded asset and made the product available to both institutions and individual consumers on a worldwide basis,Â stated Billy D. Hawkins, CEO of Citizens Capital Corp.. ÂIt is a product created to serve as an intersection where people, production, commerce and investment can meet. The African American consumer and capital market segments traditionally expends and deposits its monies without any terms, conditions or expectations. Hereby tremendous profits and easy interest incomes are generated only to be recirculated outside of the markets from which they originated. Pursuant to a higher level of expectation as to how this capital is handled, there may be some opportunities to both guide and direct how this capital is expended, deposited and invested going forward,Â says Hawkins.
About Citizens Capital Corp.
Citizens Capital Corp. is a development stage, growth oriented holding company that is engaged in the development and/or acquisition of businesses across several identified sectors. Through its wholly owned SCOR Brands, Inc. and Media Force Sports & Entertainment, Inc. subsidiary units, is the designer, exclusive marketer and distributor of the SCOR Brand line of athletic footwear and publisher of the Black Financial News respectively.
This press release contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Citizens Capital Corp. to accomplish its stated plan of business. Citizens Capital Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Citizens Capital Corp. or any other person that the objectives and plans of Citizens Capital Corp. will be achieved.
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