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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: myturn who wrote (26132)	2/9/2000 12:42:00 PM
From: Katie Kommando	Read Replies (1) \| Respond to of 150070

LAHA . . . I agree, news looks great. I've added some more. Here is the full text of the PR: Wednesday February 9, 11:41 am Eastern Time Company Press Release Lahaina Acquisitions Announces Paradigm Acquisition Update ALPHARETTA, Ga.--(BUSINESS WIRE)--Feb. 9, 2000--Lahaina Acquisitions, Inc. (OTC BB: LAHA) (``Lahaina') The Accent Group, Inc. today announced its proposed merger with Paradigm Mortgage Associates, Inc. of Jacksonville, Florida is proceeding on schedule, with an expected closing within the second quarter ending March 2000. Accent's CEO, L. Scott Demerau, said today ``Our due diligence is well underway. Paradigm, in the month of December, originated in excess of $20 million of mortgage loan volume. When combined with our own internal rapid growth, we believe this will lead to significant economies of scale and enhanced profitability.' Demerau also stated, ``The company continues to make progress in its strategy of growth primarily through acquisitions, which clearly demonstrates that Accent will become a leader in consolidating this exciting growth industry.' Accent is also deeply committed to innovative E-Commerce Solutions to substantially reduce the turn-around time in the mortgage approval process. Demerau stated, ``We expect to announce new technology applications in the near future that will clearly demonstrate our E-Commerce strategy and its exciting innovations.' This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current plans and expectations of Lahaina, its affiliates or subsidiaries, and involve risks and uncertainties that could cause actual future activities and results of operations to be materially different from those suggested or described in the forward-looking statements contained in this press release. Important factors that could cause actual results to differ include, among others, risks associated with announced or future acquisitions (such as the uncertainties of the successful conclusion of ongoing discussions, the quality of projects acquired, financing costs and profitability of operations), fluctuations in operating results, variations in stock prices, change in public interest in resorts, political and economic climate, competition, weather conditions, risks of operations, regulatory agencies, policies, financing difficulties and difficulties in integrating newly acquired businesses. Additional information concerning factors that could cause actual results to differ from those in the forward-looking statements is contained from time to time in the Company's SEC filings. Copies of these filings may be obtained by contacting the Company or the SEC. SOURCE: Lahaina Acquisitions, Inc. Contact: Lahaina Acquisitions, Inc. Investors L. Scott Demerau Chairman & Chief Executive Officer or Betty M. Sullivan Executive Vice President & Chief Operating Officer 770/754-6140