SOURCE: Omninet Media, Inc.

March 10, 2008 11:45 ET

AquaGold International, Inc. Announces That It Has Received Its New CUSIP Number

LAS VEGAS, NV and MONTREAL--(Marketwire - March 10, 2008) - Manuel Da Silva, CEO of AquaGold International, announces today the new CUSIP Number to be 03841Q 10 9. Currently the CUSIP number for Omninet, Inc. (PINKSHEETS: ONMC) is 68212N 10 0 but this will change to 03841Q 10 9 once NASDAQ Corporate Actions completes the name change to AquaGold International, Inc.

Though we had reported that this process was to take 10 days, in our latest conversation with NASDAQ Corporate Actions they reported to be slightly back logged and that they had all required paperwork but that the name change to AquaGold International, Inc. could take a week or so longer than originally anticipated.

Further, all State of Nevada filings have already been updated to reflect these changes.

About AQUAGOLD International, Inc.

"AQUAGOLD" branded premium Canadian Spring Water is presently being shipped into China. In 2005, sales of bottled water in China experienced strong growth of 16% (liters) and 15% (RMB/$) to reach 11.2 billion liters and RMB24.1 billion or $3.17 Billion USD in volume and current value terms. The estimates on AQUAGOLD'S China contract alone exceed $500 Million in revenues, however how much in excess will follow in the near future resulting from ongoing marketing activities such as the upcoming trade show in Shanghai, China over the coming few weeks.

China and the rest of Asia but also through growing market share in each of these markets with a huge opportunity coming when the Chinese Capital City of Beijing will be hosting the 2008 Summer Olympic Games.

About EricDavid & Sons, Inc.

Specializing in investor relations, EricDavid & Sons, Inc. is a financial management, marketing and consulting firm that retains as clients only those who are perceived to offer unusual products or services with the potential to command a dominant position in their respective industry/marketplace and publicize companies with unique products services offerings whose stock is undervalued in relation to their long-term earnings potential.

Forward Looking Statements

This news release contains forward-looking statements made by OMNINET MEDIA.COM, INC. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.

Contact Information

  • Company Contact:
    Investor Contact:
    Steven Weiss
    EricDavid & Sons, Inc.

    Manuel Da Silva
    AQUAGOLD International, Inc.