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

Diversified Technologies Group +
CareNet
, Go Online Networks + Net Strat, MoneyZone.com + Ostrander Burch & Co., PhoneFree.com +
Callrewards
, WealthHound.com + WAP,
Inc.











































 PhoneFree.com acquires Callrewards

 

  
* 
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.


     

 
































 Diversified Technologies Group (DTGI) to acquire
CareNet

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      C

 



    DALLAS, Sept. 12–Diversified Technologies Group announced 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.


     

 































 Go Online Networks (GONT) acquires Net
Strat

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      D

 



    BUENA PARK, Calif., Sept. 12–Go Online Networks announced 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.


     

 
































 MoneyZone.com (MNZN) to acquire Ostrander Burch &
Co.

 

  
* 
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.


     

 































 WealthHound.com to merge with WAP,
Inc.

 

  
* 
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.


     

 

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