TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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

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To: Israel who wrote (12860)	10/29/1999 3:03:00 PM
From: SSP	Read Replies (1) of 150070

INVT - Thought I'd post the news today InvestAmerica Inc. Announces Proposed Reverse Acquisition Business Editors PARK CITY, Utah--(BUSINESS WIRE)--Oct. 29, 1999--InvestAmerica Inc. (OTCBB:INVT) Friday reported that it has entered into an agreement with FiberX, a privately owned company, pursuant to which FiberX may acquire a control position in InvestAmerica. The parties desire to raise capital for the purpose of developing a fiber-optic cable network. Brian Kitts, president and a principal stockholder of the company, stated, "Although the transaction is subject to certain conditions, I believe the acquisition offers a tremendous opportunity for InvestAmerica stockholders." The company intends to disclose specific terms of the proposed transaction next week. This news release contains forward-looking statements. All forward-looking statements involve risks and uncertainties. --30--DB/la* TJM/la CONTACT: InvestAmerica Inc., Park City Brian Kitts, 801/808-6096 or 435/615-8801

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