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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: RBM who wrote (10191)	11/23/1999 9:07:00 AM
From: Theo	Read Replies (1) \| Respond to of 10343

NEWS biz.yahoo.com Tuesday November 23, 8:40 am Eastern Time Company Press Release SOURCE: INFe.com INFe.com Nears Completion of SEC Requirements to Become Fully Reporting; INFe.com Raises Over $600,000 for Initial Acquisitions TYSONS CORNER, Va., Nov. 23 /PRNewswire/ -- INFe.com (OTC Bulletin Board: INFE - news), formerly Infocall Communications Corp., today announced that the Company is significantly closer to achieving 'fully reporting' status with theUS Securities and Exchange Commission (SEC). ``Our audits are scheduled to be completed over the next few weeks and our Form 10-SB is scheduled to be complete and filed with the SEC by mid- December,' said Thomas Richfield, President and Chief Executive Officer of INFe.com. INFe.com also announced today that it has raised over $600,000 in the past 45 days, to fund its first round of acquisitions. Annualized post acquisition revenues are anticipated to be over $20 million and INFe.com plans to grow revenues to $50 million by end of fiscal year 2000. For more information visit the company website at www.infe.com. Legal Notice Regarding Forward-Looking Statements: ``Forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Infocall Communications Corp. and INFe.com disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies. SOURCE: INFe.com