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Microcap & Penny Stocks : Omicron Technologies (OGPS) -- Ignore unavailable to you. Want to Upgrade?

To: john who wrote (568)	11/10/1999 8:31:00 PM
From: Jim Bishop	Respond to of 830

From the website: omicrontechnologies.com Comments on the bold portions: Update please. Rapidly? Natives on RB are getting pretty restless.. President's Message Omicron Technologies Inc.'s focus is on the acquisition and financing of cutting edge technologies and internet related concepts which hold promise for widespread consumer acceptance, and which are already in an advanced stage of development. Current management is convinced that opportunities for rapid growth and stock appreciation for the company lie in bringing new technologies to market as popular consumer products. We intend to acquire only those technologies which have their relative merits already well demonstrated through extensive R & D efforts. It is fully anticipated that this direction may necessitate strategic alliances with others, both in the acquisition phase and in the development phase. As of June 1999 the company had completed a total of $898,000 in private placement funds and is actively engaged in raising substantial additional funds for its acquisition and development programs. On October 16, 1998 the company announced a joint venture agreement with ViaSpace Technologies,LLC.to develop advanced visible imaging system based on Jet Propulsion Laboratory's (JPL) Active Pixel Sensor (APS) digital camera-on-a chip. This exciting new technology will be utilized in NASA's New Millennium Deep Space 1 Mission in October 1998 to image the features of an asteroid and is also planned for Mars Lander in 2001. The APS will be combined with advanced wireless radio technology to produce a wireless camera system. On June 4, 1999 the company announced that it had completed an agreement for a Website Purchase and an Internet Casino Access License with Global Interactive Ltd., a licensee of Starnet Communications Inc. to develop a unique theme based Internet Casino and Sports Betting website. Omicron strongly believes it is extremely well positioned to capitalize on the incredible growth expected in the Internet gambling industry as a whole. Events are moving rapidly for the company and it is currently discussing acquisitions of additional cutting edge technologies. Major developments are expected in the near future and will be announced as they occur. Barrett Sleeman