Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (20817)	12/7/1999 8:22:00 AM
From: Francois Goelo	Read Replies (1) \| Respond to of 52051

S.W, Optica Communications Group Inc. - Announces Clarification of OTCBB Status... PARK CITY, Utah--(BUSINESS WIRE)--December 7, 1999--InvestAmerica, Inc. (Optica Communications Group Inc.) (OTCBB:INVT) today announced clarification of its OTCBB status regarding eligibility for quotation. InvestAmerica submitted it's filing to the SEC on November 30, 1999 to become fully reporting pursuant to the NASD's new eligibility rules. We are currently awaiting approval or a comment letter from the SEC. This process must be completed by January 12, 2000 in order for InvestAmerica to maintain its status on the OTCBB. Effective December 10, 1999, there will be an "E" appended to the INVT symbol to indicate that the company is in the final thirty days of the allowed period to become fully reporting. Brian Kitts, Company Director, stated, "We understand the concern that some shareholders may have about this. The company feels strongly that the extra time and effort we have spent on preparing our filing documents with the SEC will allow us to fulfill all reporting requirements in a timely fashion and before the deadline. We are confident that the direction of our business plan will provide true value to our shareholders as we continue to seek completion of our NASD listing requirements." Statements about the company's future expectations and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E, of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. The company intends that such "forward-looking statements" be subject to the safe harbors created thereby. Since these statements involve certain risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. --30--crd/sf* CONTACT: InvestAmerica Inc. (Optica Communications Group Inc.) Brian Kitts, 801/808-6096