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Microcap & Penny Stocks : AFSI Asia4Sale: When is an IPO not an IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (4)	3/13/2000 3:23:00 PM
From: Sir Auric Goldfinger	Read Replies (2) \| Respond to of 13

AFSI valuation calcs: By: frisky Reply To: 18074 by onewhoknows Friday, 10 Mar 2000 at 6:51 PM EST Post # of 18078 You cannot judge AFSI's value by its market capitalization. When Asia4sale.com Inc. (AFSI) acquired Asia4sale.com Ltd., it issued 9,000,000 shares for the assets that ZSUN people valued them at $7.1 million ($5million /.70=$7.14 million) Because AFSI is not a reporting entity yet, I have no idea that how may shares of AFSI was kept by AFSI?s former shareholders. I don?t know who are them either. However, in the past, the acquiring companies typically keep 30% of the acquired companies? shares. Therefore, AFSI might have more than 13 million shares outstanding. AFSI?s market cap could be an astonishing $130 million. With only a few shares traded every day, this figure is very misleading. IMO, the bubble is waiting to be burst. This is another clever reverse-merger deal made by ZSUN?s backers, again and again. As long as the supply of suckers is unlimited, you will see the same kind of deals springing up again and again. The uniformed foreign investors who participated in IVC deal received 9 restricted shares of AFSI for each share of Asia4sale.com Ltd. (9 million shares of AFSI/1 million shares of Asia4sale.com Ltd.) Although the shares are restricted for one year, they may be happy to see their $7.14 per share investment is now ballooned to $90 on paper. Of course, we don?t know what will happen by Feb. 10, 2001. We don?t know whether the liquidity will be a problem. ZSUN has received the sure profit of $5,000,000 and probably 2.7 million restricted shares of AFSI. It ain?t too bad. Does this clever deal change the fundamentals of Asia4sale.com? Not at all, AFSI is still a money-losing business. However, ZSUN may be able to brush away Asia4sale.com?s heavy losses out of its book, if the percentage of ownership in AFSI is less than 20%. The reason is that the equity method of accounting will not apply anymore. The EPS can be significantly dressed up. ZSUN may value the investment in AFSI as either a trading or an available-for-sale security at a fair market price of $27 million.Their balance sheet suddenly looks very nice. We will all find out when ZSUN announces the 4th quarter of 1999 EPS and 1st quarter of 2000 EPS. These people are really "smart." ragingbull.com

To: Sir Auric Goldfinger who wrote (4)	4/28/2000 8:09:00 PM
From: StockDung	Read Replies (2) \| Respond to of 13

its amazing what you can find from asia4sales/H&L investment/Powertech/NETMEASURE TECHNOLOGY INC phone number (520) 577-1516 which showed up in asia4sale.com inc SEC filing. Glad I didn't ask Jeeves!! NETMEASURE TECHNOLOGY INC filed this 10SB12G/A on 04/06/2000 On January 13, 1999, the SEC announced the temporary, ten-day suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934, of over the counter trading of the securities of Powertech, commencing at 9:30 a.m. on January 14, 1999 and terminating at 11:59 p.m. on January 28, 1999, because of questions raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, contracts entered into by the issuer. The SEC also is conducting a private investigation involving the Company pursuant to a formal order entered on January 26, 1999, styled In the Matter of PTC Group, Inc. (NY-6515). To the registrant's knowledge, the investigation is continuing. ASIA 4 SALE COM INC Form: 10-12G Filing Date: 10/20/1999 freeedgar.com H&L INVESTMENTS, INCORPORATED. (Exact name of small business issuer in its charter) NEVADA (State or other jurisdiction of incorporation or organization) 77-0438927 (I.R.S. Employer Identification No.) 9160 East Deer Trail Tucson, Arizona 85710 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code:(520) 577-1516 otcbb.com DailyListDate\|Type\|NewSymbol\|OldSymbol\|NewName\|OldName\|EffDate\|Comments\|Notes\|CoPhone 12/08/1998\|A\|\|VCBC\|\|Valley Community Bank (CA)\|12/08/1998\|\|\|(925) 787-5700 12/08/1998\|A\|\|PTCD\|\|Powertech Inc (NV)\|12/08/1998\|\|\|(520) 577-1516 12/08/1998\|A\|\|AXRD\|\|A.X.R. Development Corporation Inc\|12/08/1998\|\|\|(801) 942-0555 12/08/1998\|AA\|\|ESVS\|\|Enhanced Services Company Inc\|12/08/1998\|\|\| 12/08/1998\|A\|\|YESS\|\|YES! Entertainment Corporation\|12/08/1998\|\|\| 12/08/1998\|AA\|\|AUWS\|\|Auto Wholesale Specialists Inc\|12/08/1998\|\|\| 12/08/1998\|AA\|\|BDAU\|\|Big Daddy's Auto Sales Inc\|12/08/1998\|\|\| 12/08/1998\|AA\|\|GLFNW\|\|Mchenery Metals Golf Corporation Wts A\|12/08/1998\|\|\| 12/08/1998\|AA\|\|IICL\|\|Internet International Communications Ltd\|12/08/1998\|\|\| 12/08/1998\|AA\|\|ANYX\|\|Anyox Resources Inc\|12/08/1998\|\|\| 12/08/1998\|S2\|NCLS\|AMGV\|Nucleus Inc (1-10 R/S & N/C)\|American General Ventures Inc\|12/09/1998\|\|\| 12/08/1998\|S2\|IAHMD\|IAHM\|International American Homes Inc New (1-3 R/S)\|International American Homes Inc\|12/09/1998\|\|\| 12/08/1998\|D\|\|MXIG\|\|Maxi Group Inc\|12/08/1998\|Failure to comply with 15c2-11\|\| 12/08/1998\|S2\|FOTG\|AJBC\|Image-Photo Systems Inc\|AJA Merchant Banking Corporation\|12/09/1998\|\|\| 12/08/1998\|D\|\|LFAY\|\|Leslie Fay Inc\|12/08/1998\|Listed Nasdaq\|\| 12/08/1998\|S2\|DTOX\|SWNV\|Cita Biomedical Inc\|Southwestern Environmental Corporation\|12/09/1998\|\|\| 12/08/1998\|S2\|AIRG\|AIRGD**\|Airtech International Group Inc\|Airtech International Group Inc New\|12/09/1998\|\|\| library.northernlight.com Title: /C O R R E C T I O N -- POWERTECH, INC./ IN SFW124, POWERTECH, INC. ANNOUNCES NAME CHANGE OF ITS SUBSIDIARY, MOVED ON JANUARY 26, 2000, WE are advised by the company that the first paragraph, first line, should have read "Powertech, Inc. (OTC: PTCD) ("Powertech")," rather than "Powertech, Inc. (NWTI: PWE.V) ("Powertech")," as incorrectly transmitted by PR Newswire. Complete, corrected text follows: Powertech Inc. Announces Name Change of Its Subsidiary Summary: VANCOUVER, British Columbia, Jan 26, 2000 /PRNewswire via COMTEX/ -- Powertech, Inc. (OTC: PTCD) ("Powertech"), a Nevada corporation, today announced that it has changed the name of its wholly owned operating subsidiary, NETSentry Technology Inc., to NetMeasure Technology (Canada) Inc.