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Non-Tech : Web Capital Group (WBCG), mini-CMGI -- Ignore unavailable to you. Want to Upgrade?

To: chalu2 who wrote (1)	1/16/2000 12:44:00 PM
From: Hamiltonian	Respond to of 15

Here are two recent recent press releases from the company. This may explain the recent jump in the stock price .................. Web Capital Group Announces a $9 Million Private Placement To Expand Internet Operations Company Also Confirms Release of Audited Annual Financial Results MARINA DEL REY, Calif., Jan. 14 /PRNewswire/ -- Mr. Garrett K. Krause, President and CEO of Web Capital Group, Inc. (OTC Bulletin Board: WBCG - news) announced that the Company has completed a $9 million Private Placement. Mr. Krause added that the new equity infusion would be used to continue the funding the Company's 3wVentures.com incubator unit and FutureVest.com e-finance subsidiary operations. A portion of the new capital will be allocated for the continued development of 3wVentures.com, Inc. and its new state of the art 50,000 sq foot Internet technology campus, SiliconLosAngeles.com. Funds will also be used to finance the global e-finance operations of FutureVest.com. FutureVest.com a next generation capital provider in the digital age will use its Internet technology platform to offer a comprehensive suite of online trading and investment banking products and services during the first quarter of 2000. The company also recently signed an agreement with leading Wall Street firm Herzog Heine Geduld to provide clearing services for FutureVest Securities online trading transactions. The Company also confirmed that it would release its three-year audited financial results for the fiscal years 1997 through 1999 at the close of trading Friday, January 14, 2000. The Company will become a fully reporting public company by filing its Form 10-SB registration statement with the Securities & Exchange Commission on Tuesday, January 18, 2000. Mr. Krause commented: ``This capital infusion comes at an optimal time for the Company as our Internet-related operations are moving forward at a rapid pace towards capitalizing on the trillion dollar Internet phenomenon. With $9 million in new financing, Web Capital Group will have sufficient assets, operating history and stock price to meet all Nasdaq listing requirements. We will make application to the Nasdaq NMS market upon acceptance of our Form 10 SB registration statement.'

To: chalu2 who wrote (1)	1/16/2000 12:47:00 PM
From: Hamiltonian	Respond to of 15

Press Release .... WEB CAPITAL GROUP INCREASES REVENUES BY 115% AND ASSETS BY 2,756% IN FISCAL 1999 Company?s Presidents List Dividend Program Increases Share Value MARINA DEL REY, Calif.?(PRNewswire)?January 14, 2000?Mr. Garrett Krause, President and CEO of Web Capital Group, Inc. (OTCBB: WBCG) announced that the Company set new records for revenues and net income in fiscal 1999 as the Company unveiled its audited financial results for the fiscal years ending June 30, 1997 through June 30, 1999. For the fiscal year ended June 30, 1999, total revenues were $1,947,472 a 115% increase from revenues of $907,135 in 1998. Net income and earnings per share was $509,366 or $0.055 per share compared to net income of $313,832 or $0.039 per share for fiscal 1998, and a loss of $112,200 or $0.017 per share for fiscal 1997. The Company completed its 1999 fiscal year with $18,947,432 in total assets including $1.9 million in cash and deposits, an increase of some 2,756% over 1998 total assets of $661,268.