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Strategies & Market Trends : Fatty's Donut Shop
KKD 21.000.0%Aug 4 4:00 PM EDT

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To: Matt Brown who wrote (4971)4/10/2000 9:28:00 PM
From: Loren S.  Read Replies (1) of 5041
 
A stock from the past, but still very much present for me. Watch it go from here.

SyCoNet.com Attains Fully Reporting Status From SEC


MANASSAS, Va.--(BUSINESS WIRE)--April 10, 2000--SyCoNet.com, Inc. (OTC BB:SYCD; SYCDE), the leading distributor of Japanese Animation

("Anime") videos and DVDs, today announced that it has been approved by the U.S. Securities and Exchange Commission (SEC) under the Securities and Exchange Act of 1934, as amended as a fully reporting company. Additionally, it has been notified by the National Association of Securities Dealers (NASD) that the "E" appended on the SYCD ticker symbol will be removed effective Tuesday, April 11, 2000.

Sy Picon, SyCoNet.com's President and Chief Executive Officer, stated, "The achievement of fully reporting status signifies a great accomplishment for our company. It enhances our overall growth strategy by providing the company a firm foundation to obtain the resources necessary to fully execute the company's business plan and eventually achieve a NASDAQ listing." SyCoNet.com, Inc, distributes Anime (Japanese animated) movies, including the enormously popular Pokemon(R) video series, multimedia games and software, DVDs, CDs, toys, apparel, and related merchandise to over 7,500 wholesale and retail accounts nationwide through a high-traffic website, catalog, and direct sales campaigns. It also provides business-to-business e-commerce, distribution, and communications solutions. For more information on SyCoNet.Com, please visit www.syconet.com. To purchase the Internet's lowest priced Anime videos, see www.animedepot.com

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

CONTACT:

Ray Brown

Director of Investor Relations

718-246-2561

Investors@syconet.com

OR

Annette Tamres

Manager of Public Relations

703-366-3900

pr@syconet.com

OR

Also see www.syconet.com ,www.animedepot.com,

and www.altvidwar.com
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