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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: Captain Jack who wrote (4915)5/11/1999 12:53:00 PM
From: R.D. Atkins  Read Replies (2) of 5847
 
To All,

I am currently up around 142% on BANY. However, I like many others, have become increasingly concerned over a lack of news from BANY. I sent Mr. Sitra a short note expressing my concerns and this was his response. I'm sure he doesn't mind me posting his response. After all, there's nothing earth shattering here....

*****************************************************************

Mr. Atkins,

Thank you for your kind e-mail and continued support of Banyan and
Anything Internet.

I can assure you Cameron Yost is very well aware of shareholder
interest in hearing news. In fact, I had lunch with him yesterday
afternoon and we discussed this matter.

Mr. Yost has been working on a number of things, some of which he had
hoped would be completed last week. He will not put out any news
until developments actually materialize and money is in the bank.
Additionally, he has been working closely with BANY's auditors and
legal counsel to move the Company forward as a fully reporting
company.

As you know, it's against the law for me to discuss the timing of
pending news releases and/or SEC filings, but I will reiterate
Cameron is very well aware of his shareholders' desire to hear some
news. I can also say that he is very cautious about putting out
"fluff" type news and simply refuses to fall into that category.

I hope this helps answer some of your questions. If you have any
additional questions, please feel free to contact me.

Sincerely,

J. Scott Sitra
Banyan Corporation Investor Relations
sitra.com
jscott@sitra.com
(512) 453-3817
(512) 453-7553 fax
P. O. Box 50404
Austin, Texas 78763

***************************************************************

Hang On Folks,
RDA
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