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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock? -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (1476)	7/23/1999 12:52:00 AM
From: pat pasquale	Respond to of 1593

between here and the RBULL thread where did all this bullsh^%#$t come from all of a sudden. if the guy bought private placement so be it. this company is for real and has made some great moves so if you guys took a beating elsewhere SORRY..go bash another board please.. this seems like a prewritten script with you guys... go xnet

To: Francois Goelo who wrote (1476)	7/24/1999 3:08:00 PM
From: StockDung	Respond to of 1593

XIN NET CORP filed this 10SB12G on 07/01/1999 "The foregoing represents my opinion only and potential investors are strongly advised to do their own research. Disclosure: Long 40,000 shares. This post should be read in conjunction with:" To: Jeffrey L. Henken (570 ) From: Francois Goelo Wednesday, Mar 10 1999 1:22AM ET Reply # of 2612 Jeffrey, will XNET (45 cents) be part of the CHINA INTERNET BOOM?? A quick decision will be required on this one to get on the bottom floor of what could become a major force in a new market with unparalleled potential: Yesterday's close, up 17.65% + + Today's close up 12.5%! At the request of Jeffrey, I set out on a fact finding mission about XNET. I spoke to Ernest Cheung in Vancouver who is a Company director. He was knowledgeable and very helpful, within the limits of permissible disclosure, to the point of offering to send me a complete investor's package by courier. 1) He stated that the outstanding shares numbered 14 Millions while the float was between 4 & 5 Millions. 2) Their financial results will be published within one month and the Company will become fully reporting after completion of their Audit. 3) XNET is profitable and by filling in the blanks in the conversation, I would not be surprised if net earnings were in the vicinity of one cent/share for 1998. 4) They employ 50 people in two locations. 5) They currently have 18,000 subscribers, growing at the rate of 1000 new subscribers per month. China has just reduced the cost of subscribing to Internet services by one half which will boost the number exponentially. biz.yahoo.com They have also formed an alliance with Internet Advisory Corp: biz.yahoo.com Some information on Internet usage in China: Message 7609132 The foregoing represents my opinion only and potential investors are strongly advised to do their own research. Disclosure: Long 40,000 shares. This post should be read in conjunction with: Message 8224416 All the best, regards, F. Goelo + + +

To: Francois Goelo who wrote (1476)	7/26/1999 6:42:00 PM
From: StockDung	Read Replies (3) \| Respond to of 1593

Francios Goelo and XNET make Stockdetective, a high honor indeed Oh, did we mention that one of the investors in the private placement (120,000 shares) apparently is one of ZiaSun's biggest fans and an investor in that company as well? financialweb.com Xin Net Corp. (OTC BB: XNET) is the latest company laying claim to China's allegedly vast, untapped pool of Internet users. Xin Net and its subsidiaries say they will offer TV set-top Internet access as well as online content. Xin Net, based in Vancouver, B.C., says its operating arm in China, Xin Hai, has licenses to provide Internet access in 10 major Chinese cities, which combined give the company access to less than 10 percent of China's population. Xin Net also is up against some well-heeled competition. Earlier this month, China.com went public and raised $84 million, giving it probably the deepest pockets of all the China ISP/Portal site wannabes. Xin Net's bankroll pales in comparison. According to its initial filing with the SEC, the 10SB reveals a struggling company with very little cash or commitments. After two years, Xin Net has a mere 25,000 Internet subscribers. Hardly the stuff Internet empires are made of. And, prior to a $5.5 million private placement, the company had only a trickle of revenue from operations. And, although the 5.5 million-share offering brought in some much-needed cash, in the long-term it could dilute current shareholders' holdings. According to documents filed with the SEC, investors who bought into the private placement at $1 per unit have dibs on two more shares of Xin Net stock at $2 and $5, respectively. One curious note on Xin Net's income statement is the inclusion of depreciation and amortization - which typically shows up on the cash flow statement. Inclusion on the income statement inflates Xin Net's bottom line by more than $45,000 through the third quarter of 1998, and a similar amount for fiscal 1997. Oh, did we mention that one of the investors in the private placement (120,000 shares) apparently is one of ZiaSun's biggest fans and an investor in that company as well?