Today’s Deals: MoneyZone.com Buys NC Investment Bank

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Advertising/Marketing

  
* 
Scorecard:      C+

• 
  
• 
  NEW YORK, Sept. 12–PhoneFree.com, a provider of free global
  multimedia Web communications, announced that the Company has acquired
  Callrewards.com, an online rewards and loyalty program in the
  Internet Telephony category and a portfolio company of eVentures
  Group. The acquisition of Callrewards will allow PhoneFree.com to further develop their
  business plan to take advantage of the convergence between
  telecommunications, the Internet and loyalty-based direct marketing
  industries. Financial terms were not disclosed.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      C

• 
  
• 
  DALLAS, Sept. 12–Diversified Technologies Groupannounced that it has signed a letter of intent to acquire
  CareNet by forming a new subsidiary which will allow for physicians,
  patients, insurance carriers and other healthcare-related organizations to
  participate in the growing e-healthcare field utilizing the Internet as a
  common platform. Diversified
  Technologies Group and CareNet
  together intend on offering the first “care” oriented e-healthcare business
  initiative offering real benefits to the physician and patient. Terms of
  the transaction were not disclosed.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      D

• 
  
• 
  BUENA PARK, Calif., Sept. 12–Go Online Networksannounced they have reached an agreement to acquire 100% of the
  outstanding stock of Net Strat, based in Albuquerque, New Mexico.
  Net Strat is a development stage Internet Strategies firm, with substantial
  cash assets, which will position Go Online Networks to pursue
  other acquisition targets. Terms of the transaction were not disclosed.
• 
  
•  

  
* 
Amount:         $7.7
million

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Financial
services

  
* 
Scorecard:      C+

• 
  
• 
  CHARLOTTE, N.C., Sept. 12–MoneyZone.com
  announced that it has entered into a letter of intent to acquire
  Ostrander Burch & Co., a regional investment bank headquartered in
  Raleigh, North Carolina. The acquisition will also include Carolina
  Securities, an NASD broker dealer, CrossBridge Capital Partners, a merchant
  banking fund, and a 50% interest in eCapX.com, an online exchange and ECN for
  the commercial lending industry. Ostrander Burch & Co. will be merged into
  MoneyZone.com, while Carolina
  Securities and CrossBridge Capital will be operated as wholly owned
  subsidiaries of the parent company. The transaction is valued at $7.7
  million.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Financial
services

  
* 
Scorecard:      n/a

• 
  
• 
  NEW YORK, Sept. 12–WealthHound.com, a personal financial
  services site, announced that its wholly-owned subsidiary, WealthHound
  Securities, has entered into a merger agreement with WAP, Inc., an
  authorized and registered broker-dealer and a member of the National
  Association of Securities Dealers, Inc. (“NASD”) and the Securities
  Investment Protection Corp. (“SIPC”). The acquisition of WAP, Inc. will
  allow WealthHound to offer its
  customers securities trading services through its own wholly-owned
  broker-dealer subsidiary. Terms of the transaction were not disclosed.
• 
  
•