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Microcap & Penny Stocks : Value Holdings (VALH)

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To: who started this subject5/2/2001 12:49:07 PM
From: Bosco   of 1152
 
PROTECTIVE ACTION LEAGUE - Special Delivery for RMJ2

(BSNS WIRE) Small Cap Companies Traded On the Nasdaq Bulletin Board Unite to Form PROTECTIVE ACTION LEAGUE to Combat Stock Bashing

Business Editors

WASHINGTON--(BUSINESS WIRE)--May 2, 2001--An initial group of small cap companies consisting of Myrient Technologies (MYNT), Kanakaris Wireless (KKRS) and eConnect (ECNC), have joined together to form the advocacy and protection group called PROTECTIVE ACTION LEAGUE (PAL).

Headquartered in Washington DC, PAL will seek to advance the interests of its members by centralizing its approach to matters of common concern and implementing aggressive action.

PAL will unite Small-Cap companies in an aggressive front to combat Internet Bashers. PAL members will contribute monthly to a common fund that will retain seasoned itigant attorneys who will first determine if a PAL member has been slandered or whether other legally actionable messages have been transmitted. Once this has been determined, PAL will then instruct highly adept cyber detectives to hunt down the identity of the basher and the
bashers' employer. PAL will then aggressively litigate as the plaintiff against the basher, the chat room and the bashers' employer.
"PAL is just good insurance for bulletin board companies who are often at the mercy of well organized and well paid bashers. We consider a small monthly payment as an excellent investment for our company and for shareholder value," stated Thomas S. Hughes, Chairman and CEO of eConnect.
Only public companies will be able to utilize services of PAL. Public companies wishing to join PAL should contact:
Protective@erols.com. Inquiries are confidential.

--30--SW/ph*

CONTACT: PROTECTIVE ACTION LEAGUE
William Haseltine, 202/783-7600
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