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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: esecurities(tm) who wrote (3487)	8/31/1999 7:08:00 PM
From: esecurities(tm)	Read Replies (2) of 4231

[08-31-99 06:36 PM ET] NEWKIDCO CHIEF FINANCIAL OFFICER CONFIRMS COMPANYs CONCERN REGARDING EXCLUSIVE WORLDWIDE DISTRIBUTION AGREEMENT WITH MATTEL&reg. SCHNEIDER CONFIRMED THAT NEWKIDCO PRODUCT HAS BEEN AVAILABLE "FOR SOME TIME" FOR WORLDWIDE DISTRIBUTION BUT THIS HAS NOT OCCURED, TO DATE. "THE MATTEL&reg/LEARNING COMPANY MERGER IS GOING SLOWER THAN WE THOUGHT...WE THOUGHT THE MATTEL&reg AGREEMENT WOULD BE ALOT EASIER TRANSITION...IT HAS TAKEN ALOT MORE TIME AND EFFORT THAN WE THOUGHT..." ACCORDING TO STEVEN SCHNEIDER, CFO, (NASD OTC BB:NKCIF) (TSE:NKC) IN AN EXCLUSIVE INTERVIEW WITH AN ESECURITIES.COM CORRESPONDENT AFTER FRIDAY'S CLOSING BELL. AS A PRECAUTION NEWKIDCO IS SENDING THEIR OWN PEOPLE ON SALES CALLS WITH MATTEL&reg TO MAKE SURE NEWKIDCO IS REPRESENTED IN NEWKIDCOs ALL IMPORTANT Q4. SCHNEIDER FURTHER CONFIRMED THAT IT IS NEWKIDCOs INTENT TO LIST NASDAQ AS SOON AS POSSIBLE AND THAT THE ONLY CONDITION STOPPING NEWKIDCO FROM LISTING NASDAQ IS ITS STOCK PRICE [AND AN APPROXIMATE $250,000 REGISTRATION FEE FOR ITS STOCK TO BE REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933]... 03/04/1999 Announcement hosting.webfiler.com\PR ¸ copyright 1996-1999 esecurities.com corporation and WallStreetRadio.com (tm) Newswires. Note: esecurities.com corporation is a beneficial shareholder of (NASD OTC BB:NKCIF)(TSE:NKC).

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