SOURCE: Cody Ventures Corporation

June 07, 2005 08:00 ET

Cody Ventures Corporation (OTC: CDYV) Actively Negotiating Funding Options to Expand Tidbits Publications Throughout the State of Texas

CEDAR HILL, TX -- (MARKET WIRE) -- June 7, 2005 -- Tarja Mees, CEO of Cody Ventures Corporation (OTC: CDYV), announced today that the company is negotiating to finalize funding options for the company which will enable Cody to aggressively move forward with its plan for expanding its Tidbits publications throughout the State of Texas and beyond.

"With proper funding resources," Mrs. Mees added, "the company's planned expansion throughout the State of Texas could create revenues in excess of $150 million yearly, and a circulation of over 5 million copies weekly." Cody's initial publication, which will be used as a template for the company's expansion, has been printed for 112 consecutive weeks and can be viewed weekly at www.tidbitstexas.com.

Cody's vision encompasses the building of a national advertising, printing, and publishing empire, both wholly owned and with strategic alliances, designed to take advantage of a strong suburban and rural consumer base. Such a nationally structured company, with a large potential consumer distribution and business database, could either become a candidate for acquisition by one of the major national newspaper publishers, or could become an acquisition-oriented company itself.

Cody Ventures Corporation's website can be found at www.codyventures.com.

Cody Ventures, Inc.'s, Cody's operating subsidiary, website at www.tidbitstexas.com.

A number of statements contained in this Report are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Certain written statements in this press release constitute "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Words or phrases such as "should result," "are expected to," "we anticipate," "we estimate," "we project," "we intend," or similar expressions are intended to identify forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements. These risks and uncertainties include demand for our services, product development, our ability to maintain acceptable margins and control costs, the impact of federal, state and local regulatory requirements on our business, the impact of competition and the uncertainty of economic conditions in general, including the timely development and market acceptance of products, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements, since the statements speak only as of the date that they are made, and we undertake no obligation to publicly update these statements based on events that may occur after the date of this document.

Contact Information

  • Contact:
    Tarja Mees
    Cody Ventures Corporation
    1353 Middleton Dr. Suite #2000
    Cedar Hill, Texas 75104
    Telephone: 469-223-3807
    Fax: 972-293-1171
    Eml: info@codyventures.com