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Microcap & Penny Stocks : SLEL- the next hot chinese internet play.... -- Ignore unavailable to you. Want to Upgrade?

To: joepcf who wrote (180)	10/22/1999 11:37:00 AM
From: Jim Bishop	Read Replies (1) \| Respond to of 235

Joe, IMO one of these days, SLEL will be discovered, again.

To: joepcf who wrote (180)	10/29/1999 8:57:00 PM
From: Jim Bishop	Respond to of 235

SARASOTA, Fla.--(BUSINESS WIRE)--Oct. 29, 1999--Salient Cybertech (OTCBB: SLEL - news) today announced the following business information update: A reverse split, previously approved at the May 22, 1999 shareholders' and board of directors' meetings, will be effective on market opening Monday November 1, 1999. Salient Cybertech stock will be reverse split 1 for 10 with any fractional shares rounded up to full shares. The company also announced that it is in negotiations to form a joint venture with an internet company, which has children's education and entertainment web sites as well as distance learning and testing contracts for state automobile drivers' license written exams and insurance industry sponsored traffic safety courses. The new joint venture will use SWIFT (TM) (SoftWare Intelligent Freeform Training) technology from Salient Cybertech's Gemini Learning Systems division, and will raise private placement capital to fund development and operations. ''We are excited about using SWIFT distance learning software to deliver a wholesome internet entertainment and learning environment for children,'' said CEO Paul Sloan, ''and the fees from drivers' courses will provide a strong recurring revenue base.'' Questions should be addressed to Paul Sloan, Salient Cybertech, Inc. at Investor Relations (941) 349-6583 or visit www.salientcyber.com. Forward Looking Statements : This news release contains certain ''forward-looking'' statements within the meaning of the Private Securities Litigation Reform Act of 1995, which provides a new ''safe harbor'' for these types of statements. To the extent statements in this news release involve, without limitation, product development and introduction plans, the Company's expectations for growth, estimates of future revenues, expenses, profits, cash flow, balance sheet items, sell-through or backlog, forecasts of demand or market trends for the Company's product categories and for the industries in which the Company operates, or any other guidance on future periods, these statements are forward-looking statements. The Company assumes no obligation to update forward-looking statements. Contact: Paul Sloan 941/349-6583

To: joepcf who wrote (180)	10/29/1999 9:04:00 PM
From: Jim Bishop	Respond to of 235

Well Joe, the news is out today. Lets just hope Paul is doing this for the right reasons, and those reasons should be, to increase shareholder value. R/S on BB's is rarely a good thing. " will raise private placement capital to fund development and operations. We need the details of this PP. Restricted stock?? 144's?? 1 year restriction?? How much?? etc etc etc Any talk of needing the R/S to get the share price up, for Nas Small Cap listing, had better be backed up with solid news of revenues, huge prospects and potential, or IMO, with the dilution we can expect, we'll slowly drift back down. Time will tell.

To: joepcf who wrote (180)	10/31/1999 10:08:00 AM
From: Jim Bishop	Read Replies (1) \| Respond to of 235

By: dpol1835 Reply To: 436 by Bijou Sunday, 31 Oct 1999 at 9:34 AM EST Post # of 437 This just in Says it all Dave: I am responding to your e-mail expressing your concern over the reverse stock split. First, let me point out that the reverse split issue, as well as other financial issues, were discussed and a resolution approved by unanimous voting shares at the Shareholders' Meeting in May, and the appropriate board authorizing resolution was subsequently adopted. This is discussed in the 10QSB for the second quarter ended June 30, 1999. One of the reasons for the action is that we feel that it will increase shareholder value by lowering the number of shares in the float, while making it easier to achieve our goal of growing through acquisition. As we all know, buying anything costs something. For Salient Cybertech the viable option requires the use of stock, either to acquire with directly, or to sell in the open market to raise capital. A stable share price with a modest float is to everyone's advantage. The post split float is about 193,000 shares. As for shareholder value, this is the reason everyone at Salient shows up for work everyday because our pay day is based on company value which translates into shareholder value. I, as well as most of our board members and corporate officers, have sizeable common stock holdings and share your concerns. As for your question about a NASDAQ listing, I truly believe that every bulletin board company wants that, but our focus must remain in building core company value first and then move to the next level. Lastly, a lot of people have invested money and time as well as personal resources in the company. Everyone at Salient Cybertech takes the business and our shareholder responsibilities very seriously. We believe in what were doing and that in the long term we will all be very successful. Paul A. Sloan President/ CEO Salient Cybertech Inc.