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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: john who wrote (67188)10/13/2000 9:54:59 PM
From: myturn  Read Replies (1) of 150070
 
CGPN, bought 20k @ .10 the other day. I was noticing it bounce of its 52 week low the other day. It looked like it was going to break .10, so I jumped on it. It immediately went down from there.

I read financials and there are convertible preferreds in the stock.
16 MILLION OS.
FLOAT ???? I don't know. I have not called the company.
It trades like it has a float of 16 million. JUST MY OPINION.

DISCLAIMER: THIS IS NOT A BUY OR SELL RECO ON CGPN
I BOUGHT IT BASED ON THE UNVEILING OF THEIR NEW WEBSITE ON MONDAY. I ALSO TOOK A POSITION IN IT DUE TO THE FACT THEY WILL BE ATTENDING THE COMDEX SHOW IN LAS VEGAS IN NOVEMBER UNVEILING NEW PRODUCTS.

The Cyber Group Network Corp. Launches High-Tech Animated Publication Series and Website
CGPN Soon To Tackle Billion Dollar Comic Book Industry and Offers Pre-Orders at www.CGNComics.com
SAN BERNARDINO, Calif.--(BUSINESS WIRE)--Sept. 11, 2000-- The Cyber Group Network Corp. (OTCBB:CGPN - news), Monday announced that it will soon launch the company's first-ever online and publication animated comic series ``Tales of a High-Tech Hustler,'' beginning Oct. 16, 2000.

Comic Books first appeared in the late 19th century in Sunday newspapers. Today, the billion dollar online and publication comic book industry attracts more than 25 million readers in the United States annually.

CGNComics.com, a subsidiary of The Cyber Group Network Corp. will be displaying 24 volumes of thrilling, insightful and provocative real-life events from America's most notorious computer hackers, high-tech thieves and industrial spies. The ``Tales of a High-Tech Hustler'' will be featuring at all comic book locations and will also be available as an online subscription based publication. The launching of the animated book is a first step of a series of events in production for the company, which includes a novel titled ``Memoirs of a Hi-Tech Hustler,'' as well as current negotiations of a movie release with Hollywood Multi-Media International, which will be announced at a later date.

Nisha Kapoor, spokesperson for CGPN stated: ``The animated series is a newly developed product which will promote The Cyber Group. `Tales of a High-Tech Hustler' comprises information, increase education and promote awareness of how Hi-Tech Hustlers commit their crimes.''

About the company

The Cyber Group Network Corp. (thecybergroup.net) is a technology company with the three main goals of Computer Security Technology, Patented Public Internet Access Devices, and Acquisitions of Internet, Communications and Financial Service Sector Industries to expand its resources. For more information about the company, visit its Web site at www.thecybergroup.net.

This news release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies and other factors described in the company's filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risk and uncertainties. The company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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

The Cyber Group Network Corp., San Bernardino
Nisha Kapoor, 909/890-9769
Toll Free: 866/660-CGPN
Fax: 909/890-5849
Email: nkapoor@cybergroupnetwork.com
www.thecybergroup.net
www.cybercrimecorp.com
www.hitechhustler.com
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