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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Jim Bishop who wrote (24082)2/1/2000 3:13:00 PM
From: CIMA  Read Replies (1) of 150070
 
ITNI - Just picked up 5000 shares. We're going to be hearing a lot about this one IMO:

Tuesday February 1, 10:52 am Eastern Time
Company Press Release

I-Transaction.Net Inc. On Track To Comply With New NASD Eligibility Rule

TORONTO--(BUSINESS WIRE)--Feb. 1, 2000-- (OTC Bulletin Board:ITNI - news)

I-Transaction.Net Inc. (OTC BB:ITNI) is pleased to announce that it is on schedule with the filing of the form 10SB and will complete the Company's filings to comply with the new Eligibility Rule required by the National Association of Securities Dealers (NASD) for OTC Bulletin Board companies.

The compliancy date for ITNI is March 8, 2000 as NASD will use the issue symbol as it appeared in the OTCBB quotation system on January 4, 1999 to determine where a particular issue falls in the schedule.

ITNI continues to develop its transaction-based software and will be releasing news at each stage of final development.

ITNI develops and deploys business-to-business and consumer-to-business e-commerce solutions as well as offering electronic funds transfer, advertising, marketing and database support. The website is located at www.i-transaction.net

--------------------------------------------------------------------------------
Contact:

For Investor Relations Information Contact:
Chase Equity Group, 416/864-1513
1-877-847-7719

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