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

To: Chris K. who wrote (10240)	9/23/1999 1:36:00 PM
From: SSP	Read Replies (1) \| Respond to of 150070

OLD NEWS released again -what a joke!, NAPLES, Fla.--(BUSINESS WIRE)--Sept. 17, 1999--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.

To: Chris K. who wrote (10240)	9/23/1999 1:38:00 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

REIC only thing I find is this, out again today?? This stock makes no sense to me right now. biz.yahoo.com Thursday September 23, 11:26 am Eastern Time Company Press Release REII Inc. Announces Consideration of $8 Million Offer NAPLES, Fla.--(BUSINESS WIRE)--Sept. 17, 1999--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.