| Collectible Entertainment Inc. is pleased to announce that it has entered a letter of intent to acquire 100% of NetNation Communication Inc. ..... 
 NetNation is a leading provider of Web Housting and related enhanced Internet services to small and medium sized businesses.  With over 14,000 domian names registered and about 5,000 business web sites hosted by NetNation as of December 31, 1998, NetNation is the largest Web Site Housing company in Canada and amoung the top 50 worldwide (according to Inter NIC's data base).  The company currently has customer in 71 countries with a geographical revenue mix of 57% U.S., 25% Canada and 18% international. ....
 
 For more information on NetNation visit their Internet site:
 www.netnation.com
 
 I have purchased a very conservative amount of shares in CBET.  I just hope they keep to their business plan.
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