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

 PhoneFree.com acquires Callrewards

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:       
Advertising/Marketing

  
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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

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        Internet
services

  
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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

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:       
Content/Communities

  
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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.

  
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Amount:         $7.7
million

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        Financial
services

  
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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.

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        Financial
services

  
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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.