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To: Francois Goelo who wrote (1319)10/12/1999 9:34:00 AM
From: StockDung  Respond to of 1567
 
Francois,seems like old news, but then again they have to pump it since the lock up date for insiders expired on 10/5/99. How about a big kiss for your lover janet? tenkwizard.com.

North America. Under the terms of the agreement Karrex will supply music products to Asia4sale for the sale and distribution of said goods through its e-commerce interactive website. A copy of the Agreement with Karrex is attached hereto and incorporated herein by this reference. See Exhibit Index, Part III. On June 29, 1999 Momentum Internet entered into an Agreement with United Mok Ying Kie Limited ("UMYK"), a broker and registered dealer in Hong Kong, under which Momentum Internet would provide Internet technical support, design and construction of UMYK's web pages on Momentum Internet's Swiftrade websites, as well as the hosting of UMYK's web pages on the Internet. The term of this agreement is for a period of five (5) years. As compensation for the services to be pro
osting of UMYK's web pages on the Internet. The term of this agreement is for a period of five (5) years. As compensation for the services to be provided by Momentum Internet, UMYK agrees to pay 40% of the gross commissions earned by UMYK arising directly or indirectly from the utilization of the services developed by Momentum Internet for UMYK. A copy of the Agreement with United Mok Ying Kie Limited is attached hereto and incorporated herein by this reference. See Exhibit Index, Part III. On June 30, 1998, Momentum Asia entered into a Subscribers Agreement with Torquay Associates Ltd., a direct marketing consulting firm with offices in Hong Kong, Thailand and the U.K., under which Momentum Asia will provide 540 square meters of office space, along with furniture, equi
ce Agreement with Stock Exchange Information Services Limited dated May 3, 1999. 10.13 Agreement between Momentum Internet, Inc., and Options Direct dated May 18, 1999. 10.14 Agreement between Asia4sale.com, Ltd., and Karrex dated June 25, 1999. 74 10.15 Agreement between Momentum Internet, Inc., and United Mok Ying Kie Limited dated June 29, 1999. 10.16 Reuters Service Contract with Momentum Internet Inc. 10.17 Online Stock Trading Agreement between Swiftrade, Inc. and WdoT.rade Inc. dated July 1, 1999. 10.18 Lease Agreement between the Company and Propco L.P. 10.19 Addendum to Lease between the Company and Propco L.P. 10.20 Tenancy Agreement between Momentum
Kevin Choi Chris Lok ----------------------- ---------------------------- Printed Name Printed Name June 26, 1999 12 July 1999 ----------------------- ---------------------------- Date Date EX-10.15 26 AGREEMENT WITH UNITED MOK YING KIE LIMITED MOMENTUM INTERNET INC. and UNITED MOK YING KIE LIMITED ------------------------------ AGREEMENT ------------------------------ Richards Butler
e 26, 1999 12 July 1999 ----------------------- ---------------------------- Date Date EX-10.15 26 AGREEMENT WITH UNITED MOK YING KIE LIMITED MOMENTUM INTERNET INC. and UNITED MOK YING KIE LIMITED ------------------------------ AGREEMENT ------------------------------ Richards Butler 20th Floor Alexander House Chater Road
20th Floor Alexander House Chater Road Hong Kong THIS AGREEMENT is made the day of 1999 BETWEEN: MOMENTUM INTERNET INCORPORATED whose registered office is situated at PO Box 71, Craigmuir Chambers, Road Town, Tortola, British Virgin Islands ("Momentum"); and UNITED MOK YING KIE LIMITED whose registered office is situated at 2102, 21/F, Nine Queen's Road, Central, Hong Kong ("UMYK"). WHEREAS: (A) Momentum, is engaged. in the business of providing websites and technical support for Internet connectivity. (B) UMYK is a broker and registered dealer licensed under the Securities Ordinance Cap. 333 to deal in Securities (as defined in the Securi
) ) for and on behalf of ) MOMENTUM INTERNET ) /s/ Anthony Tobin INCORPORATED ) ---------------------------- in the presence of: ) Anthony Tobin SIGNED by ) ) for and on behalf of ) /s/ Richard Witts UNITED MOK YING KIE LIMITED ) ---------------------------- in the presence of: ) Richard Witts EX-10.16 27 REUTERS SERVICES CONTRACT Contract No. 129044 Client No. HK29487 REUTE
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To: Francois Goelo who wrote (1319)10/13/1999 9:15:00 AM
From: Gene Reardon  Read Replies (1) | Respond to of 1567
 
U.S., China Plan High-Level Talks
By HANS GREIMEL Associated Press Writer

NEW YORK (AP) - Top-level U.S. negotiators will head to Beijing later this month to try again to reach an agreement to lower China's trade barriers to American products, a prerequisite to U.S. endorsement of that nation's bid for membership in the World Trade Organization.

Treasury Secretary Lawrence Summers said Tuesday he will lead a delegation of top economic policy-makers from a number of Cabinet agencies. The talks are set to begin Oct. 25.

Once a deal is struck, the United States has said it will drop its objections to China's entry into the 134-member WTO, the international group that sets rules for world trade.

''We will not conclude these negotiations until China's commitments are very clear, and the interests of American producers are adequately safeguarded from sudden market shifts,'' Summers said in remarks to the Asia Society.

This upcoming talks will be the 12th meeting of the China-United States Joint Economic Committee. The forum, which was created to promote closer economic relations, last met in May 1998 in Washington.

Summers said that in addition to China's entry into the WTO, the discussions will focus on such issues as combatting money laundering and reforming China's financial sector to include fair tax laws, contract enforcement and better protection for investors.

While Summers said U.S. negotiators were going to Beijing in good spirits, he added that he expected the issue of China's WTO membership to require further talks.

He also emphasized that it was important for China to continue pushing ahead with economic reforms, including an overhaul of its huge and unprofitable state-owned enterprises.

''No one should imagine that breaking the dependence of loss-making state-owned enterprises and their workers on a near-bankrupt financial sector will be easy,'' Summers said. But he said China's transition to a ''stable and prosperous'' economy won't occur without these reforms.

Summers said the administration remained committed to China's entry into the WTO but only on commercially acceptable terms.

The Clinton administration has continued to insist that a WTO deal is still possible this year even though U.S. hopes were dealt a setback last month when China cut short a negotiating session in Washington and left its chief negotiator on the WTO issues at home in Beijing.

U.S. Trade Representative Charlene Barshefsky said it was important that the two sides had resumed substantive negotiations after the Chinese suspended the trade talks for five months to protest the United States' accidental bombing of the Chinese Embassy in Yugoslavia.

The two countries came close to a deal in April during a visit to Washington by Chinese Premier Zhu Rongji. President Clinton's decision to hold out for more concessions has been criticized by a number of industries that believed the offer China put forward in April represented a major breakthrough in removing barriers they have long complained about.