Holy Land Shopping Site Plans Offering
Jesus2000.com, a Web site launched last week, said it plans to make an initial public offering in the spring after negotiating for a private placement to fund the site.
The site, which calls itself “The Holy Land’s Largest Shopping Mall on the Internet,” said its profit comes from sales of religious articles such as olive wood crosses and mother-of-pearl rosary beads from Bethlehem. The company said it registered more than 1 million hits, or site visitors, from “virtual pilgrims” to a cyber-midnight Mass broadcast live from Bethlehem on Christmas Eve.
Investors include Vector Holding of Luxembourg, a partnership of entrepreneurs from the U.S., Europe and the Middle East.
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