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


To: Mighty_Mezz who wrote (4808)12/19/1999 9:20:00 PM
From: TideGlider  Respond to of 7056
 
It is Korean. I sent it to our Asian Offices for review. <GG>

TG



To: Mighty_Mezz who wrote (4808)12/20/1999 2:09:00 AM
From: TideGlider  Read Replies (2) | Respond to of 7056
 
For Immediate Release: site review

From the FBN Asia Offices:

-----

Life Foundation Trust

Lender for commercial loans (Grantor Trust), a Christian organization from Arizona,
USA.

Financial Status
- Gross assets (including trust fund): $3.1 billion US (3.6 trillion Korean won)
- Gross income (1997): $20 million US (230 billion Korean won)

Management
- Head officer (Trustee): Jeanette B. Wilcher
- qntkwkd(?) (VP): D.K. Lee

Surety
- Malaysia National Insurance (London): S&P rating
- Swiss Reinsurance: Moody's rating Aaa
- Munich Reinsurance: Moody's rating Aaa

About HansGlobal

The world economy is changing fast, and we believe that technology and
knowledge-based Internet companies are going to lead the world economy. In the center
of this ever-changing trend sits venture capital. Etc. [about why venture capital firms are
advantageous compared to other forms of financing and how HansGlobal will be very
successful by establishing a large network of other venture firms]

Inspector's Note: It's clear HansGlobal has funded companies in the past but unclear whether they used their "own" money or just linked companies and other venture firms together.



To: Mighty_Mezz who wrote (4808)12/20/1999 2:44:00 AM
From: TideGlider  Respond to of 7056
 
Financial Status
- Gross assets (including trust fund): $3.1 billion US (3.6 trillion Korean won)
- Gross income (1997): $20 million US (230 billion Korean won)


Odd does that mean they made less than .7% (GROSS)on their assets?