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Non-Tech : CAOL: The Chinese AOL and Internet Lottery

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To: Mark McNew who wrote (637)8/27/1999 7:30:00 AM
From: DanielleC   of 720
 
Found this on the Raging Bull boards. Great bit of info:

Cathayonline Inc., - CAOL 08/26/1999

CATHAYONLINE INC., with its primary focus in evaluating projects as being: Positive Cash Flow; Applied Internet Technology; Niche Market Segments; Management; Strategic Marketing, has the objective to become a diversified Internet holding company.

Long-term goal, having signed its first Memorandums of Understanding, is to maximize the Company's average annual rate of return through the building upon the initial strategic cornerstones laid out by the management of the Company.

There are 9,165,000 shares issued and approximately 2 million in the float.

Corporate Website:
cathayonline.com

Lotteries
The opportunity to provide to electronic lottery kiosks, marketing and management to develop government sanctioned lotteries at a time when lotteries are still in their infant stage in China;

E-Business ISP-EBS
Sichuan CATHAYONLINE INC's Internet Service Provider/e-business (ISP-EBS) project in Chengdu (population: 9.8 million) will methodically expand into Sichuan's twelve additional major municipalities. As the centre of business and technology development in Western China, Chengdu exists as the logical starting point in a virtually untapped market - only 4% of the Internet usage in China. As one of the most important centres of politics, economics, technology, and culture in China, it also holds a strategic position in China's economic development plan."

E-MAIL and ADVANCED MESSAGING SERVICES
Among the most popular Internet applications today, e-mail and advanced messaging services will drive Internet usage and growth. E-mail is a powerful yet inexpensive means of handling a wide variety of business-to-business, business-to-consumer and personal communications at any time and from any location. The number of people using the Internet in China has increase 30-fold in five years, with projections for the year 2000 hitting 13 million. This year alone, the number of online users is expected to increase more than 300%.

Banner Advertising
The Murjan Group will bring online advertising to TorchMail.com's e-mail/e-messaging services. TorchMail.com expects advertising and advertising revenue to grow exponentially with the expansion of their free e-mail services in Asia. TorchMail.com advertising will originate from North America and will focus on both the North American and Asian markets.

Clean Way Corporation & Trader Secrets Financial Services & Quotes
Accessing financial services and information available online has become the number one use of the internet worldwide. By offering this highly sought feature in conjunction with free e-mail service, TorchMail.com anticipates a significant leap in traffic as well as the resulting increase in advertising revenue.
tradersecrets.com

E-Commerce
Positioning the Company in some of the fastest growing segments of commerce, the Company intends to strategically implement cross marketing of products and services through its ISP partner in addition to the establishment of other strategic partnerships, creating a solid technology infrastructure and develop a strong name awareness.

Internet TopBox, a device for in-home television/Internet use. The Company views the Internet TopBox as a key tool in targeting the massive home Internet market.

Press Releases:
cathayonline.com

Alliances and Acquisitions
Torchmail E-mail Services
torchmail.com

Internet (ISP)
chengdunet.com

USA.NET Website
usa.net

Clean Way Corporation & Trader Secrets
tradersecrets.com

WorldVision Investor Public Relations
wvfg.com
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