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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?


To: JD who wrote (2734)1/11/2000 12:34:00 PM
From: LANCE B  Read Replies (1) | Respond to of 4792
 
EVERY COMMENT YOU MADE WAS VERY ACCURATE..

BUT THE BIGGEST PROBLEM WITH MYTRACK- NO CUSTOMER SERVICE..

NEED HELP-FORGET ABOUT IT...NO ONE
JUST A BROKEN DOWN TAPE REPEATING ITSELF OVER AND OVER AGAIN..

LIVE PERSON- THAT IS A JOKE...

THIS IS THE THING THAT NEEDS TO BE ADDRESSED,,,HOW ABOUT IF YOU
WANT TO WIRE MONEY OUT OF YOUR ACCOUNT....FOREVER....
HECK,EVEN AN ADDRESS CHANGE IS A DIFFICULT THING WITH TRAC



To: JD who wrote (2734)1/11/2000 3:27:00 PM
From: Wayne Rumball  Read Replies (1) | Respond to of 4792
 
DALLAS--(BUSINESS WIRE)--Jan. 11, 2000--

Hudson's Signs Non-Binding Letter of Intent to Merge

Hudson's Grill of America, Inc. (Nasdaq:HDSG), based in Dallas,
announced today that it had signed a non-binding letter of intent to
merge into Overland Beverage Distributing, Inc. (a non-public company
recently formed to distribute beverages). Representatives from
Overland will contact existing and potential creditors of the Company
in an effort to exchange stock and warrants in the merged company for
the cancellation of existing and contingent debts.
If Overland's representatives are able to obtain agreements from
the Company's current and contingent creditors to accept equity in the
newly merged company, then Overland plans to proceed with the merger.
If the merger proceeds according to the letter of intent, the Company
will do a 1 for 4 reverse stock split and then issue 5,000,000 shares
to Overland to effect the merger. The newly merged company would not
include Hudson's Grill International, Inc., which is currently a
subsidiary of the Company. Hudson's Grill International will be spun
off to the current shareholders of the Company as a separate, publicly
held entity.
Additionally, Hudson's announced that effective Dec. 31, 1999,
David L. Osborn, the Company's President and also one of its
directors, had resigned as President and director of the Company. Mr.
Osborn will stay on as an interim President of the Company's
subsidiary, Hudson's Grill International, until its stock registration
has become effective and the subsidiary is spun off to the Company's
shareholders. The Company's directors will manage the Company until a
replacement can be found.
The Company also announced that it had settled a lawsuit with the
landlord of a Whittier, Calif., site that the Company formerly had
leased. The suit also involved another guarantor of the lease, who
will pay the settlement of $400,000. The Company has no specific
obligation to the guarantor but likely will issue stock to the
guarantor for paying the settlement. Additionally, the Company
recently has put up its Dallas restaurant subsidiary for sale; if not
sold in the next several months, it will be closed down.
Hudson's Grill of America is publicly traded over the counter
under the Nasdaq symbol HDSG.

--30--RH/da*

CONTACT: Hudson's Grill of America, Inc., Dallas
Mitzy Ferguson, 972/931-9237
e-mail: mitzy@hudsonsgrill.com