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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: TokyoMex who wrote ()	5/23/2000 1:23:00 PM
From: songw	of 119973

CMST 4s, 500k float-Owns Chinese Web JV Creative Master announced last week the acquisition of Pacificnet.com----an Asian Web design and ecommerce company Pacificnet.com/CMST also announced a deal with APP China Holdings to offer web design and ecommerce to companies in mainland China- " May 18 /PRNewswire/ -- PacificNet.com today announced that they have signed a joint venture agreement with APP China Holdings Ltd., a fully owned subsidiary of Asia Pulp & Paper (NYSE: PAP - news) with the aim of becoming mainland China's leading e-commerce solutions and services provider. A subsidiary of PacificNet.com LLC will hold 51% of the joint venture Company, and APP China will own 49%. The joint venture will provide e-commerce website development and information technology products and services to the Chinese market in the PRC. The complete package will be aimed at helping Chinese enterprises to adapt modern technology and increase business efficiencies using Internet based solutions. PacificNet.com will custom-package its flagship eMerchant2000 products with other proprietary e-commerce software to service APP's 100-plus retail outlets across China. These projects will be used as benchmarks and test cases of Chinese e-commerce solutions for other businesses across the People's Republic of China (PRC). Recent market research by IDC cites that Internet commerce in Asia outside of Japan will more than double each year, reaching US$102.5 billion by 2004. PacificNet.com has agreed to be acquired by Creative Master International (Nasdaq: CMST - news) in a transaction already announced." biz.yahoo.com CMST 500k float (same as CHRB and CHDX) trading low end

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