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Microcap & Penny Stocks : LA Group, Inc. (ONTV - formerly LAAQ)

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To: Carol Putnam who wrote (438)2/27/1998 8:27:00 AM
From: purecntry5  Read Replies (1) of 1140
 
Attention LAAQ holders!! I just found this post on the AOL board. It smells of the same thing that BAAT guy did in the Yahoo forum a few weeks ago...I see it possibly two ways, if its true we are now sitting on an absolute GOLD MINE with the share price at .03. If its not true it cant hurt us since we are sitting on the all time lows anyway.

Im considering adding some this morning on the open. Any thoughts or opinions??? TIA

Subject: Upcoming News
Date: Fri, Feb 27, 1998 00:45 EST
From: Aseen0nTv
Message-id: <19980227054501.AAA02969@ladder02.news.aol.com>

First of all I thank all the loyal LAAQ(the company) shareholders for sticking with the company through tough times. Nobody is more depressed and has more to lose with the issue price of the stock than I. I fully believe the company has been unfairly targeted by unfriendly traders and manipulators. However, through the upcoming announcements I believe that many of the problems will be solved and the shareholders will be rewarded generously. Not much
can be divulged at this point, but I can say that the As Seen on TV company owned and franchise program is growing much faster than anticipated. The company anticipated 450 franchised and 35 company owned kiosks and stores by mid 1999, but due to extremely great interest and demand, that number should be met by by mid 1998. With average kiosk/store revenues of approx. $5,000/week, the $260,000/year figure is in line with hopes. The company is
looking forward to announcing profitable 1997 financials early next week and expects to be fully reporting in 1998. A full NASDAQ listing is also anticipated in mid 1998. Other notes of shareholder interest are two additional aquisitions in the works, as well as finalizing a mutually beneficial deal with a major, nationwide corporation. These developments should take place over the coming weeks and months.

I once again thank all the loyal shareholders for their patience and understanding while the company struggled through growing pains. We are now happily in a position to reap the benefits.

Please visit the website at aseenontv.com

ۇ
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