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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (10237)	9/23/1999 1:23:00 PM
From: Chris K.	Read Replies (1) \| Respond to of 150070

REII -- What do you guys think of this stock. It presently trades at .219 X .375 !!!! (COMTEX) B: REII Inc. Announces Consideration of $8 Million Offer B: REII Inc. Announces Consideration of $8 Million Offer NAPLES, Fla., Sep 17, 1999 (BUSINESS WIRE) -- The board of directors of REII Incorporated (OTC BB:REIC) is presently considering an offer of $8 million for the company which equals about $1.80 per share for all the outstanding shares of the company. REII Incorporated (Formerly BAP Acquisition Corp.) has 20,000,000 shares authorized with 4,655,000 shares outstanding. REII Incorporated is the parent company of Ricketts Enterprises International Inc. The offer includes all outstanding shares of the company as well as all outstanding debts and agreements, which includes options on 18 income properties, as well as the first refusal of a software company. The board of directors do not require the approval of the shareholders to accept this offer, however the board of directors have passed a resolution that all shareholders will be notified before a final acceptance. This offer expires Sept. 25, 1999. Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: American Venture, New York John Dennee, Investor Relations, 716/670-9642 WEB PAGE: businesswire.com GEOGRAPHY: FLORIDA INDUSTRY CODE: COMED COMPUTERS/ELECTRONICS REAL ESTATE Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. * end of story *