TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: RCJIII who wrote (19560)	1/20/2000 9:50:00 AM
From: Veteran98	Read Replies (2) of 150070

CVCL looks like were seeing some movement as a result of this news release. Heavy Volume last several days indicates this will have a good move. Heads of Agreement re Sands Solutions.com Pty Ltd CityView Energy Corporation Limited ("CityView") has entered into heads of agreement to acquire by subscription an interest of 10% in the e-commerce company Sands Solutions.com Pty Ltd ("Sands Solutions"), an Australian leader in Business to Business ("B2B") electronic commerce. Sands Solutions has been involved in electronic trading since 1985 and holds worldwide rights to a diverse range of e-commerce procurement solutions and products. Sands Solutions is an industry leader in the development of software for processing orders online. Globally similar companies such as Commerce One Inc and Ariba Inc in the USA have seen phenomenal growth. Sands Solutions has an advantage in that it has a unique pricing model sustainable in the long term. The proposed investment is attractive to CityView due to Sands Solutions' excellent financial position, strong management structure and proven products which can handle high volume-low value goods and services. The current client base of Sands Solutions includes major companies involved in the resource, education, health and manufacturing sectors. This client base is in the process of expanding to include banking, finance, service and transport industries. The acquisition by CityView of the interest of 10% in Sands Solutions will be for Aus$5 million and under the corporate structure of Sands Solutions, CityView has pre-emptive rights to acquire further interests in that company. The board of CityView considers that the investment in Sands Solutions will be beneficial to the strategic planning and the growth of both companies. A P Woods COMPANY SECRETARY/CHIEF FINANCIAL OFFICER

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