JNNE - Jones Naughton Message Board

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Microcap & Penny Stocks : JNNE - Jones Naughton

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To: John Liu who wrote (547)	5/20/1998 9:18:00 PM
From: Brad	Read Replies (4) of 607

John, I believe the COSTCO agreement is actually with ANFS, but JNNE gets their revenue as part of an agreement with ANFS. In September 1996, as some long termers here might recall, JNNE accepted an offer from AmeriNet Financial Systems (OTC:BB ANFS) to acquire Real Estate Television Network (the first international interactive communication network serving the real estate business community's daily needs for information, training and motivational programming). I think that's how JNNE originally got involved with ANFS. Incidentally, JNNE has also established a relationship with NDS Software (OTC:BB NDSS). I think this involves NDSS operations in Mexico and Indonesia. That could produce additional profits in 1999, but I did not include any of that in my estimates since those numbers are still unknown. John, you might also take a look at the ANFS press release I posted in post #550. Best wishes, Brad

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