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Microcap & Penny Stocks : FNLN - FineLine Properties

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To: Matt Davis who wrote (50)5/20/1999 3:26:00 AM
From: Cola Can  Read Replies (1) of 66
 
I got this in e-mail:

5/19/99

Dear Shareholder;

We are taking this opportunity to update you on recent developments
here at FineLine Properties.com, Inc. and also have attached a recent
Press Release.

Over the past few weeks, the Company has - 1). Introduced its
e-commerce Store on the Internet, 2). Completed a $230,000 guaranteed
Licensing Agreement with Boein Co. Ltd of Korea, 3). Recorded over
3,500 hits on its e-commerce Store Web Site, and 4). Introduced its
newest character groups, The Internauts and eKids. 5). placed an
advertising campaign with The Licensing Magazine which reaches over
15,000 licensing and merchandising professionals attending this years
Licensing Show In New York City - the world's largest licensing event.

All of the preceding developments can be read via Yahoo Finance under
our trading symbol FNLND.

We trust the attached will update you on current developments with
our company.

Sincerely;

R. Petry
President
FineLine Properties.com, Inc.


Company Press Release

FineLine Properties.com Announces 35 Apparel Additions To The
Company's E-Commerce Internet Signature Store

FAIRLAWN, Ohio--(BUSINESS WIRE)--May 17, 1999--FineLine Properties.com
Inc. (OTC BB:FNLND) Monday announced that it has added a line of 35
T-shirts to its FineLine Signature E-Commerce Store..

"We have expanded our apparel line to include a line of T-shirts to add items which have been highly requested by customers visiting our
Store Site", indicated Company President Robert Petry, "fully one
fourth of all visitors to our Signature Store have indicated they
would like a line of T-shirts, so, we have added 35, with more
introductions on the way. These new additions, when added to our
designer shirts and causal wear, provides us with over 85 apparel
items".

The line of FineLine branded T-shirts utilizes the cartoons of The
Kooties. Majors, Icers and Hoopsters character lines and has been
priced to be extremely affordable. The company is working on designs
to add its newest creations The Internauts, cyber heroes and villains
and eKids, aimed at children 3 through 8, which it introduced last
week.

The FineLine Signature Store, as well as its entire cartoon family
can be seen by going to the company's web site at www.finelineproperties.com, where one can follow the links to the
e-commerce Store as well as new characters.

FineLine is focused on merchandising its apparel via e-Commerce and
third party licensing arrangements. The company is modeling the
branding strategies of successful on-line retailers Disney
(NYSE:DIS- news), Amazon.com (Nasdaq:AMZN - news),
Dell (Nasdaq:DELL - news), and Ebay (Nasdaq:EBAY -news) by being the
innovator and originator in its industry. FineLine is one of the
first companies ever to introduce cartoon characters to the
world using its Internet Web site as a platform. Some of FineLine's
cartoon characters have already been on the international stage with
licenses in more than 20 countries and on over 450 licensed products..

The cartoon licensing and merchandising industry is a $150 billion
market with major industry names such as Disney, Warner Bros., The
Rug Rats, Marvel Comics (NYSE:MRV - news) and others. FineLine plans
to be a major player in e-Commerce sales. With more than 180 million
Internet surfers on a global basis and more than 80 million in the
United States, cyberspace reaches almost every corner of the globe.
Last year (1998), e-Commerce moved $23 billion worth of consumer
merchandise, with projections for 1999 indicating that this figure
should exceed $75 billion.

Statements in this release are made pursuant to the ''Safe Harbor''
provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, continued
acceptance of the company's services, increased levels of competition
for the company, and dependence on the performance of the management of the company.

Contact: ibchannel.com Online Investor Package Visit
ibchannel.com FineLine Web Site Visit
finelineproperties.com Investor Relations Tom Madden 800/941-1558

Contact:

FineLine Properties.com Inc., Fairlawn
Tom Madden, 800/941-1558
www.finelineproperties.com
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