TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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

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To: Witold who wrote (29509)	2/22/2000 8:09:00 AM
From: SSP	of 150070

LWEI - LONE WOLF ENERGY SELLS FINANCING BUSINESS FOR $1.625 MILLION OKLAHOMA CITY, Okla., Feb 22, 2000 /PRNewswire via COMTEX/ -- Lone Wolf Energy (OTC Bulletin Board: LWEI) announced today that it had sold its Mobile Block Equipment Financing business for $1.625 million on February 18, 2000. Lone Wolf received $500,000 cash (which it will use to pay off all indebtedness) and short term notes of 1.125 million dollars. Under the terms of the notes, $1,050,000 of the 1.125 million is payable to Lone Wolf Energy by the end of March 2000 and the balance remaining in June of 2000. For further information contact: Marc Newman at 405-417-0276. Statements about the Company's future expectations, including future revenues, earnings and transactions, as well as all other statements in the press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results and other corporate developments could differ materially from that which has been anticipated in such statements. SOURCE Lone Wolf Energy

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