SOURCE: Cody Ventures Corporation

March 14, 2005 12:13 ET

Cody Ventures Corporation (OTC: CDYV) Pursues Aggressive Texas Expansion, Projected Eventual Revenues of $150,000,000 to Surpass That Obtained by the Rest of Tidbits Publications Nationally

CEDAR HILL, TX -- (MARKET WIRE) -- March 14, 2005 -- Following the previous announcement that Cody Ventures Corporation (OTC: CDYV), had been appointed Tidbits Master Publisher for the State of Texas, Tarja Mees, CEO further determined today that the projected revenues this expansion alone could bring in during 2005, are in the range of $5,000,000, representing a twenty-five fold increase over last year's revenues of $207,000. This projected increase includes the consolidation of income from its newly acquired subsidiary, Dakota Imaging, Inc. as previously announced, and can be very well expected to eventually exceed $150 million upon the completion of Cody's Texas expansion.

Texas, the second most populous state contains hundreds of financially viable publishing venues within its 3000-plus cities and towns and over 22,000,000 people, providing enormous revenue potential, as previously reported. Mrs. Mees pointed out that when Cody reaches its immediate goal of 5 million copies weekly during its expansion into the rest of Texas, it will have gained a very significant foothold into the national weekly periodical market, currently producing revenues of over $3 billion annually.

Mrs. Mees stated that, "With dedication to staying the course, aggressive but careful planning and proper funding, it is well within Cody's reach to attain a circulation of 5 million weekly copies, with subsequent revenues growing relatively quickly to over $150 million. More news of progress will be released regarding Cody's aggressive ongoing expansion plans and achievements throughout selected cities and regions in Texas, as well expansion into selected national markets.

"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 potential consumer distribution and business database, will 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 http://www.codyventures.com/

Cody Ventures, Inc.'s, Cody's operating subsidiary, website at http://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