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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk

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To: Rory McLeod who wrote (3765)7/1/1999 10:22:00 PM
From: Little Engine  Read Replies (1) of 4824
 
Jones Naughton Entertainment Announces Compliance with New NASDAQ Regulations

December 18.1997

Los Angeles, CA--Jones Naughton Entertainment, Inc. (JNE) ( JNNE, OTC Bulletin Board) a pioneer in developing satellite communication networks for private industries utilizing M-PEG 2 technology announced today its intention to comply with NASDAQ's announced requirements of this past week to remain on the OTC Bulletin Board. It is the company's intention to file the required statements with appropriate governing bodies as soon as possible. The company expects to meet all required NASDAQ initiated requirements in 1998 and in the future.

Contact:

Jones Naughton Entertainment
jnne.com
Joseph Naughton, 714/736-0988
Patrick M. Rost, 760/942-0015
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