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Microcap & Penny Stocks : Shells With Cash: Let's Find Them! -- Ignore unavailable to you. Want to Upgrade?

To: chalu2 who wrote (39)	12/6/1999 8:47:00 AM
From: Whisperer!	Respond to of 67

I understand SSSH is a shell.

To: chalu2 who wrote (39)	2/28/2000 9:57:00 AM
From: bob sims	Read Replies (1) \| Respond to of 67

VIRT finally came back to life after 10 years: =================================================================== Canadian Corporate News --- Hot Off The Wire =================================================================== ------------------------------------------------------------------- E*TRADE Canada Don't make your investment decisions site unseen. Sign-up for a free trial membership: www2.cdn-news.com Someday we'll all invest this way. ------------------------------------------------------------------- NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: TROPIKA INTERNATIONAL LIMITED Shares Outstanding: 83,877,406 CUSIP #: 96935 20 2 CANADIAN DEALING NETWORK SYMBOL: TPIL FEBRUARY 28, 2000 Reverse Merger To Put Tropika Subsidiary On NASD OTC BB: Intellashop Sale Validates Zorro Technology TORONTO, CANADA--John Ashbee, Chairman and CEO of Tropika International Limited, is pleased to announce that Tropika's 51%-owned subsidiary, Zorro Systems Ltd., has signed a Letter of Intent to sell its 100%-owned subsidiary, Intellashop Inc., the first commercial application of Zorro's scalable data-mining software. The prospective purchaser, Virtual Reality Inc. of Nevada (NASD OTC BB: VIRT), has made an arm's-length, all-share offer, subject to completion of an independent valuation and due diligence investigation, to purchase all of the issued and outstanding shares of Intellashop. After the transaction, Zorro would hold a substantial majority interest in Virtual Reality. "Tropika's success is rooted in its ability to identify and add value in all its operations," said Mr. Ashbee. "Building on our e-commerce strategy and expertise, we have begun to realize several potentially lucrative opportunities. In my opinion, the purchase of Intellashop by Virtual Reality confirms once again Tropika's ability to act as a viable Internet incubator, creating and developing significant breakthrough technologies in the e-commerce market." "Because of its strength and versatility, Intellashop could revolutionize online shopping," said Casey Shea, President of Intellashop.com. "The system showed extremely successfully in its December beta test - so much so that we felt obliged to leave the site active through January as a result of demand. It is clearly a strong, marketable entity with real appeal to online shoppers." "We have looked at the competition, and we see nothing that matches the potential of Intellashop," said Martin F. Cardone, CEO of Virtual Reality Inc. "With this technology, we have the ability to enter a mass market where a transactional sales model can drive enormous revenues. As the web environment becomes more sophisticated, Intellashop's elastic, Java-based architecture and powerful search engine will enable us to adapt and grow, keeping us at the forefront of online consumer shopping aids." This transaction is subject to regulatory approval and the negotiation of a definitive agreement. It will also require approval by the shareholders and Boards of Directors of the companies involved. Involved exclusively with the Internet, Tropika International Limited is an Internet incubator, identifying and developing breakthrough business opportunities that have the potential to be best-of-class in the e-commerce environment. Tropika applies its resources in IT, finance, and marketing in order to create and build value in all its operations. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Corporate Information Tropika International Limited Tel: 416-674-1365 www.tropika.com info@tropika.com or Investor Relations The Investor Relations Group Toll Free: 800-444-9214 www.invrel.com tropika@invrel.com or Shareholder Relations Ciris International Inc. Tel: 416-368-8770 www.cirisint.com robins@cirisint.com INDUSTRY: RES SUBJECT: NWS -0- =================================================================== You may change your service options at anytime by visiting: cdn-news.com