Looking for TPEGP to be ~$ 6 in near future. Presently 2 3/4 x 2 13/16
To: topdown (1316 )
From: RJ_Ewing
Saturday, Apr 17 1999 3:53PM ET
Reply # of 1352
TPEG: Emerging IPO Incubator for under $2
The purpose of this post is to inform you of an emerging Internet
company, NASDAQ:TPEG, soon to be "Internet and Technology Resources"
Corporation (NASDAQ:IATR).
TPEG began their transition into the Internet business approximately
ninety days ago and are following a model similar to CMGI and WCAP. All the below
FACTS detail their progress and can be verified by one of two ways:
1) By reviewing the company Press Releases over the last three months:
biz.yahoo.com
2) By calling Strategic Capital Consultants (IR) @ 323-936-2855
In addition, a TPEG(IATR) chat room was created last month to discuss
the developments of TPEG. Feel free to visit that room and ask any
questions as they relate to the stock:http://clubs.yahoo.com/clubs/duedilligence
Or visit the Yahoo message Board at
post.messages.yahoo.com
TPEG (IATR) Facts:
1) On January 20, 1999, TPEG formally announced a corporate
restructuring plan to redirect its business from the movie production
industry to the internet / e-commerce industry.
2) On February 4, 1999, TPEG announced the purchase of a significant
equity position in flowersandgifts.com. The flowersandgifts.com private placement ends
4-15-99 and an IPO follows shortly. Their website can be found at:
flowersandgifts.com.
3) On February 25, 1999, TPEG announced the purchase of a significant
equity position in Pacific Softworks. Their web site can be found at:
pacificsw.com.
4) On March 1, 1999, TPEG announced that it will change its name to
"Internet and Technology Resources" (IATR). The name change and cusip
change will go into effect immediately after the shareholder's meeting
in late April. Note: THE CUSIP CHANGE REQUIRE THAT SHORTS COVER
5) On April 1, 1999, TPEG announced that Pacific Softworks filed an
initial public offering (IPO) on March 26, 1999, for 800,000 units.
6 On April 7, 1999, TPEG announced the appointment of Barry Sandrew,
Ph.D., as executive vice president and chief technology officer. His
resume can be found athttp://www.findit-wizard.com/findit-wizard/bs_resume.htm
7) Currently, there are 9.6 million shares outstanding (including
returned shares) with 6 million in the float. TPEG also has 1.7
Warrants available (NASDAQ:TPEGW).
8) TPEG has a $5.5 million line of credit with an institutional
investor, a film library from their previous industry valued at $8-15
million, and wholly owns MediaWorks International worth approximately$5 million.
9)On April 15, 1999, TPEG announced the commencement of the publication of a free
bi-weekly newsletter to be available on the Internet, with the start date currently
contemplated to be April 21. The report, titled ''The Sandrew Letter,'' will be authored
by TPEG's Executive Vice President - CTO, Barry Sandrew, Ph.D., and can be
accessed on iatr.net, even though the company's Web site is still under
construction.
10) Further Press Releases are forthcoming.
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