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Gold/Mining/Energy : CDN. MOMO PUPPIES

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To: Chad Barrett who wrote (28263)2/27/2000 1:22:00 PM
From: John Powell  Read Replies (2) of 36688
 
Anyone following CPT (Capital Alliance Group). This was mentioned by someone on this thread last week and I have been doing some reading on the company and am amazed by what I found this weekend. This could easily be a $20-30 stock before mid-year if all the numbers are correct.

On February 14th they announced that they are spinning off 22% of their 100% owned subsidiary SE Global Equities for $10 million (U.S). This money is considered preIPO (or seed capital) before a listing on the Hong Kong Stock Exchange mid-year. They have already signed a letter of intent with a European-based equity fund for $2-million(U.S.) of this money and with the people involved they should have no trouble getting the rest of this money since Hong Kong is having an huge Internet craze right now. They recently hired on one of the largest financial groups in Hong Kong to raise $50 million (U.S) for SE Global Equities and get a Hong Kong listing by this June. SE Global Securities has created a one-stop shop on the Internet for global securities which derives revenue from transaction fees. In the Monday Dec 20 1999 of the Vancouver Sun they said that leading brokerages in eight countries have signed on as partners with network portal site (http://www.cag-global.com/News_pdf/VS_1220.pdf). Since then SEG has signed on several more very large brokers and has agreements with all the leading exchanges.

Simple math would say if 22% is worth $10 million (U.S) right now then the other 78% owned by CPT would be worth around $55 million right now, before any listing or the other $40 million (U.S) funding. With 6 million shares outstanding that is $9 per share but with a Hong Kong listing and $40 million U.S more in the till it should be worth several times that amount.

What is more exciting is that in December they formed a board for SEG which is made up of some serious multi-billionaire powerhouses. Several private placement have been done in the last four months to these billionaire groups.

To add to all of this the company also has a 100% owned Education company (CBIT) that gives the companies earnings. They recently announced that this subsidiary will be offering education over the internet throughout Asia this year which is also a huge growing industry.

The chart looks amazing and Canaccord has been been the largest net buyer during the past month.
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