Jasco Expands Its Line of GE Products
Jasco has expanded its line of GE-branded products. The Oklahoma City consumer electronics distributor released wares this month ranging from home security cameras, phone accessories and electronics cable tubing to remote controls, printer ink cartridges, power supply and surge protectors.
Among its more unique offerings, Jasco put out a InstaJack product that turns any AC outlet into a phone line jack. It also offers two "breakthrough" television antennas:
* The Millennium TV Antenna, a "rabbit ears" replacement that, at 2 inches, has the lowest profile of any product on the market.
* The MAX antenna, a roof-top replacement with a cylindrical design that allows it to be easily concealed.
Not so blessed after all
State Attorney General Drew Edmondson and Securities Department Administrator Irving L. Faught have issued a cease and desist order against The Blessings Gift Activity, a pyramid money exchange program.
The organization requires its participants to pool cash "gifts" of $2,000. They then recruit others to contribute $2,000, all in hopes of receiving a $16,000 tax-free payoff. The Oklahoma Securities Commission, which imposed a civil penalty on the organization, noted the Internal Revenue Service may find such payments taxable.
HTN gets another station
Hispanic Television Network, formerly American Independent Network, has entered into definitive agreements to acquire the Channel 17 television broadcast license in Oklahoma City, as well as Channel 29 in Tulsa and 10 other television stations in Texas, New Mexico and Arizona.
The Fort Worth company intends to begin broadcasting Hispanic programming on these stations in January 2000. This acquisition will compliment HTVN's owned properties, which include Channel 22 in Oklahoma City.
The growth of the Hispanic Network follows other Hispanic media company's expansion, including Hispanic Broadcasting Company (HBCCA), Telemundo (SNE), Univision (UVN) and Spanish Broadcasting (SBSA) to target the growing Hispanic population.
Cattle industry threatened
Oklahoma's $2 billion cattle industry is being threatened by Johne's Disease, a chronic bacterial infection on the increase. The disease causes diminished performance of individual cow herds, and is eventually fatal to the infected animal. It causes increased liability for anyone selling breeding stock and could jeopardize consumer confidence in the entire beef industry. …