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Gold/Mining/Energy : SCS Solars Computing Systems Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Famularo who wrote (1189)	4/17/2000 9:09:00 PM
From: bill	Respond to of 1201

New contract signed. Press release out. Price moving up today. Looks good.

To: Famularo who wrote (1189)	4/19/2000 5:29:00 PM
From: bill	Respond to of 1201

Sold at 1.45. The press release plus the run upon NASDAQ barely moved the price. I've been busy and not paying attention which is not a good thing to do given the present market. However, had some time today and looked at the chart. Glad I got out at 1.45. There was a double top at 2.20, then a double top at just over 1.80. If I'd been paying attention, I'd have been out on either of those. There is support at 1.40, however, the price has sharply broken through the support line twice recently. The highs are lower and the lows are lower. The price appears to be in a slightly expanding channel to the downside. My major concern with the chart is that there is no support for the price after 1.40 until 80 cents, next stop 60. Ifthe price stays in the channel, the next top would be around 1.70 but that would depend on how soon the next run up takes place. OBV is holding up relatively well so that is positive. Still, after reading the messages on BullBoards about the size of the contracts and the delays I'm going to wait to buy back in. Everyone is cheering because the market shot back up over two days; however, the downtrend is in place and the fall is likely to be in stages with drops, then rallies that draw buyers back in, make them feel confident that everything will be all right. Been there, done that. Now when things start to go wrong, I get out and wait. Could be wrong, of course. Wouldn't be the first time. As someone said on Bullboards "If you can'tstand the heat, get out of the kitchen." That's me. I'm sitting on the front porch with a mint julip in hand. Leave someone else to do the cooking.

To: Famularo who wrote (1189)	4/22/2000 12:20:00 AM
From: Rocket Red	Respond to of 1201

Frank It will be late fall before Scs goes anywhere as the tech market will be pretty much dead besides the odd play. Cheers

To: Famularo who wrote (1189)	4/25/2000 10:59:00 PM
From: bill	Read Replies (1) \| Respond to of 1201

SCS Solars closes private placement of special warrants SCS Solars Computing Systems Inc SCS Shares issued 30,557,801 Apr 24 close $1.27 Mon 24 Apr 2000 News Release Mr. Frank Wells reports The company has closed its brokered private placement consisting of 2.5 million special warrants at a price of $1.20 per special warrant announced Jan. 26, 2000, for gross proceeds of $3-million. Each special warrant will entitle the holder to acquire one unit (a "unit"), each unit consisting of one common share in the capital of the company (a "share") and one-half of one non-transferable sharepurchase warrant (a "warrant"). Each whole warrant will entitle the holder to acquire one further common share of the company (a "warrant share") at the exercise price of $1.30 per warrant share for a period of one year. The company has agreed to use its reasonable best efforts to file and obtain a receipt for a final prospectus in British Columbia, Alberta and such other provinces of Canada as the company and the agent may mutually agree upon (the "qualifying jurisdictions") qualifying the distribution of the units on or before June 15, 2000 (the "qualification deadline"). The company may, in lieu of filing a prospectus in British Columbia and alberta to qualify the distribution of the units, file an annual information form in those provinces and obtain an acknowledgement of receipt therefore from the British Columbia and Alberta Securities Commissions such that the hold period on the units will expire on or before the qualification date. If the units are not qualified for distribution in the qualifying jurisdictions prior to the qualification Date, each holder of the special warrants will be entitled to receive, upon the exercise or deemed exercise thereof, 1.1 shares and 1.1 warrants at no additional cost. The special warrants will be exercisable at any time and from time to time on or before 5:00 p.m. (Vancouver time) on the earliest of: No. 1 the day which is five business days after receipts for a (final) prospectus of the company are issued by the securities regulatory authorities in all qualifying jurisdictions in which the company files such prospectus; No. 2 the day which is five business days after the expiry of any statutory hold period or resale restrictions related to the special warrants and the units, if such statutory hold period or resale restrictions expire or are terminated less than 330 days after the closing date; and No. 3 the date which is the 330 days following the closing date. Any special warrants not exercised on or before that date will be exercised on the subscriber's behalf immediately prior thereto. In consideration of Canaccord Capital Corporation (the "agent") providing its services, the agent was paid No. 1 a commission of 8 per cent of the gross proceeds received by the company from the sale of 2.425 million of the special warrants; No. 2 a corporate finance fee of 100,000 common shares in the capital stock of the company at a deemed price of $1.20 per share; and No. 3 a corporate finance and administrative services fee of $7,500. In addition, the company issued to the agent 625,000 special warrants exercisable at no additional cost into one share purchase warrant, each such warrant entitling the agent to acquire one common share of the company at the exercise price of $1.20 for a period of one year from closing. The proceeds of the private placement will be used for sales and marketing of the company's Solamet and TourTek software products, and for general working capital. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com