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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC.

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To: Spamboy who wrote (3184)5/1/1999 5:08:00 PM
From: john  Read Replies (3) of 4128
 
Kowboy, from their web page

American Benefits Group, Inc. ("ABFG"), is a dynamic American Internet retail
company with offices in Deerfield Beach and New York, United States; Calgary,
Canada; and, Antananarivo, Madagascar.

Does anyone know the address of the Calgary office??

American Benefits is an active and aggressive Company, building and diversifying
its portfolio through the development of new operations, the acquisition of
profitable operations, the utilization of the most modern and advanced technology
available, and the maximization of the strengths of the employees of its
operations.
<profitable operations> Does it not make sense to announce the financial results of these profitable operations??

The mandate of the Company is carried though an integral horizontal structure
with vertical responsibilities. ABFG has a determined goal to achieve substantial
annual revenues within five years.

<substantial annual revenues within five years> What are the revenue projections? How much will be spent achieving these goals?
ABFG is developing an internet shopping mall, which will provide internet
shopping worldwide. The mall's first tenant is thegemstore.com
(www.thegemstore.com). "thegemstore" will provide shoppers with fine selection of
karat jewelry and an opportunity to purchase genuine precious gemstones such
as Sapphires and Emeralds.

Great have they made a sale from this website? Anyone heard?

These gemstones are extracted from the mine
properties held by ABFG

ABFG has acquired a 90% interest and entered into an agreement with Saowani
Development s.a.r.l. (SAO), a Malagasy company owning mining exploration
concessions (known locally as perimeters) to test, explore and develop these
perimeters.

There are rumors that ABFG does not own a mining interests in Madagascar, can anyone confirm the fact that these are just rumors or is there truth to them?
ABFG has acquired a 70% interest and entered into an agreement with World
Gems Corporation Import Export s.a.r.l. (WGC) a Malagasy company owning
mining exploration concessions to test, explore and develop these perimeters.

Is this an arms lenght transaction? Who are the principals of Gems Corporation Import Export s.a.r.l.???
Malagasy Sapphires are of very fine color and are in demand on gem markets
worldwide as there is a relatively small output. Madagascar also has Emerald,
Ruby, Tourmaline, Aquamarine and varied color Garnets. The occurrence of
Alluvial (loose material found in sand, gravel and earth) and hard rock gold is found
throughout Madagascar and more particularly on ABFG properties.

<hard rock gold is found throughout Madagascar and more particularly on ABFG properties.> Has the company got any proven reserves, or is this speculation at this point in time??

Madagascar's improving economy and stable political climate encourages foreign
investment that could bring this mineral rich country to the forefront of emerging
markets. ABFG is poised to occupy a leading position in the Madagascar mining
community and create an infrastructure that will foster a long-term commitment to
Madagascar.

The timing for foreign investment in Madagascar is right and ABFG has already
begun its program. ABFG has first-rate technical resources and expertise with an
effective management team. Upon this foundation ABFG will gain and maintain the
competitive edge required to thrive in today's world economy.

American Benefits Group Inc., is a public company called for trading on
NASDAQ: OTC Bulletin Board in the United States of America.

ABFG is a dynamic American Internet retail company with real estate and
production holdings. ABFG's mission is to enhance shareholder value through the
development of complimentary portfolio of profitable business operation.


<expertise with an effective management team.> Who heads up the mining management team, and what is his previous experience.

TIA
john
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