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Gold/Mining/Energy : Ezenet Corp. (EZE- ASE)

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To: Cashy who wrote (74)7/20/2000 2:47:14 AM
From: Postman  Read Replies (2) of 90
 
Cashy, they are moving to the TSE, looks like it will happen in early August.

They have been in a quiet period while the approval has been going through.

They have also moved to a new head office, and when they move to the TSE they will receive the balance of the $50 million.

They have acquired Netstor, for 50,000 shares of EZE.

This is a network storage company, one of THE big growth areas over the next few years on the Internet.

They are looking to acquire companies with revenues and profit with the cash they raised.

They may have some deals done already, for all we know but are unable to release news until they move to the TSE.

I am not sure about this however.

I think when they make the move they will get a lot more press and analyst coverage and we will see a lot better stock price.

Hope so anyways.
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