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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: The SPHINX who wrote (83314)	7/12/1999 5:27:00 PM
From: lloyd bashaw	Read Replies (1) \| Respond to of 119973

(COMTEX) B: THE BANC STOCK GROUP LAUNCHES WWW.IPODEPOT.COM -- FIRST I B: THE BANC STOCK GROUP LAUNCHES WWW.IPODEPOT.COM -- FIRST INTERNET SITE FOCUSING SOLELY ON INDEPENDENT BANKING SECTOR INVESTMENT OPPORTUNITIES through Company's Broker-Dealer Subsidiary Banc Stock Financial Services -- COLUMBUS, Ohio, Jul 12, 1999 /PRNewswire via COMTEX/ -- The Banc Stock Group (Nasdaq: BSGK) today announced the launch of www.IPOdepot.com, through its wholly owned subsidiary, Banc Stock Financial Services ("BSFS"), a registered NASD Broker-Dealer and Registered Investment Advisor, nationally recognized for its research and analysis of regional and community bank stocks. This significant product introduction provides broad benefits to individual retail investors allowing them to purchase bank IPO's directly through Internet access. The Company has been analyzing, researching, recommending, and investing for its customers in community and regional banks for more than twodecades. 0pportunities For Individual Investing -- According to The Christian Science Monitor (June 4, 1999) in the article entitled, "Computer Mice Nibble at Wall Street Elite," by Ron Scherer, individuals who use the Internet are self-directed. The author indicated that there are some 7.5 million on-line accounts. It predicts there will be 10.5 million by the year end. Many of these new accounts are from people who have never entered a brokerage house but are comfortable using the Internet. www.IPOdepot.com is positioned to deliver Wall Street opportunities to Main Street investors through the Internet. Resurgence of Community and Regional Banks -- In 1994, there were 34new bank formations -- in 1998, there were 218 new bank formations (Source: FDIC filings) representing a seven-fold increase. These formations have an average capitalization of $10 million. Over $4.2 billion has been committed to independent new banks in the past two years. www.IPOdepot.com isdelivering an Internet market that has been virtually unavailable to the investing public outside the bank's local market. Banc Stock Financial Services/Significant Player in Investment Banking -- Since the inception of the Investment Banking Division, the Company has provided advisory services to independent banks consisting of bankvaluation services, mergers and acquisitions, consultation and performance planning on a local, regional and national basis. Having over $44 million inbank underwritings completed or in process in the last 12 months, the firm is looking toward other types of offerings including Trust Preferred Securities. Unique Opportunity -- IPOdepot.com, the only IPO site introduced by a brokerage firm, that is entirely focused on the independent banking sector. Offering sizes are typically in the $3 million to $20 million range. The New Face of Investing in Community/Regional Bank Stocks -- Through www.IPOdepot.com, retail investors will now be afforded the opportunity to directly purchase IPO's and secondary offerings. IPOdepot.com will change the face of investing. In the past, offerings of this nature were mostoften available only to investors within the bank's local community or geographic area. Individual and retail investors can "get in on the ground floor" with www.IPOdepot.com . Michael E. Guirlinger, President & CEO, stated, "IPOdepot brings Wall Street to Main Street investors and is the only retail driven IPO site whose primary focus is regional and community banks. The Company's investment banking expertise is in bringing local, regional and community bank offerings to a national investor audience. Through IPOdepot.com, The Banc Stock Group aims to increase its visibility to a wider audience, tap untouched markets and bring to fruition our ongoing goal of providing long-term value to our shareholders." Guirlinger encourages individuals to visit www.IPOdepot.com and the Company's web site at www.bancstockgroup.com . The Banc Stock Group specializes in researching and managing the stock of publicly and privately traded community banks for money management customers and company trading portfolios. Transactions occur through its wholly-owned subsidiary, Banc Stock Financial Services, Inc., a registered NASD Broker-Dealer and Registered Investment Advisor. The Banc Stock Group is the only company of its sizethat researches community and regional banks across the entire United States. SOURCE The Banc Stock Group (C) 1999 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Michael E. Guirlinger, President & CEO, or Edward E. Schmidt, Executive Vice President of The Banc Stock Group, 614-848-5100, or e-mail, info@bancstock.com WEB PAGE: ipodepot.com GEOGRAPHY: Ohio INDUSTRY CODE: FIN CPR MLM SUBJECT CODE: PDT * end of story *