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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?

To: Janice Shell who wrote (4585)	10/28/1999 10:36:00 AM
From: Q.	Respond to of 7056

Nine days remaining to raise $1.5 M cash for HITT. Will they pull it off, or will they be forced to continue relying on the cashflow from all those lucrative $0.01 purchases of bid rankings that one sees on their website? We'll see what the alumnus of the "criminal enterprise" can do between now and Nov. 6. RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--Oct. 7, 1999-- Hitsgalore.com, Inc. (OTC BB:HITT) announced today that the Company has entered into an agreement with the Amrhein Foley Group of Southern California to raise $10 Million in cash. The strategic capital raised will help fund a new Investment/IPO portal site to be developed and operated by Hitsgalore.com in a joint venture with the Amhrein Foley Group. The terms of the agreement are for Hitsgalore.com to receive a $1.5 Million placement within 30 days

To: Janice Shell who wrote (4585)	10/28/1999 5:58:00 PM
From: Q.	Read Replies (3) \| Respond to of 7056

Peter Foley, CRD# 210650, has a new job at a broker/dealer. The NASDR told me that on Oct. 14, he took a job with Donner Corp. Intl., which is a broker/dealer headquartered in Los Angeles. That was about a week after HITT announced that a Pete Foley, with the Amrhein Foley Group, would help them get $1.5 M cash by early November, and set up a joint venture. I called Donner and verified that this Peter Foley is the same guy as the Pete Foley who was affiliated with Amrhein Foley. The Donner official I spoke with was familiar with Foley, but he wasn't sure about the status of Foley's license or whether his employment with Donner was finalized. He sounded a little suspicious that I was inquiring, and he mentioned some paperwork that isn't complete. The Donner official didn't seem to be familiar with Hitsgalore, when I told him about the news release. He described Donner's business to me as investment banking for small cap companies, especially "introducing" them to investors. When I asked him if that included private placements, he said yes. A quick search of altavista shows that Donner has issued newsreleases recommending a stock trading for $1. Donner has a website at www.donnercorp.com