Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SSP who wrote (35433)	3/10/2000 9:44:00 AM
From: Debbie777	Read Replies (1) \| Respond to of 150070

Good Morning Steve, I wouldn't wait too long to complete your DD on INVT..there is a PR blitz planned between now and the 31st when they file. They released a PR last night...they now own a CISCO Premier Partner that has 20M revenues a yr. This is just another step in their over all business plan. This company is going to be HOT! The MMs are very short..trying to hold it down. Here is a good link for DD: ragingbull.com Here is last nights PR: Thursday March 9, 3:02 pm Eastern Time Company Press Release InvestAmerica Inc. - Optica Communications Group Inc. - Completes Zed Data Systems Corp. Agreement PARK CITY, Utah-(BUSINESS WIRE)--March 9, 2000--InvestAmerica Inc. (Optica Communications Group Inc.) (OTCBB:INVT - news) Thursday announced that it has completed the agreement to purchase a 100 percent controlling interest of Zed Data Systems Corp. Brian Kitts, director of InvestAmerica Inc. (Optica Communications Group Inc.) stated, ``The acquisition of Zed Data Systems Corp. plays a key role in the ongoing development of our business plans. Besides the obvious benefits of producing revenues in excess of $20 million per year, the acquisition of Zed produces other key contributions. ``Firstly, InvestAmerica Inc. (Optica Communications Group Inc.) will now have the asset base to satisfy one of the major requirements for a NASDAQ listing. We are planning to complete our NASDAQ filing by March 31, 2000. ``Secondly, the 20 years of experience and profitable operation that Zed has in the communications marketplace will prove invaluable as we move forward with our business plans. Zed currently has about 20 technical and administrative employees, all of whom are expected to stay with InvestAmerica (Optica). ``The technical expertise that we now possess includes Lan and Wan networking protocols including IP, ATM and Frame Relay as well as infrastructure support experience and network management expertise with partners such as Cisco, Nortel, Lucent and Motorola. ``The third and potentially most important contribution of this acquisition to our overall plans is the existing customer base. These customers are natural targets for our bandwidth sales program and our ability to offer a completed package of bandwidth, equipment and support will allow us to achieve excellent penetration and revenues.' Kitts added, ``We are very pleased with the contribution this acquisition makes to our shareholder value as well as the fast start it will give us in the market place.' Statements about the company's future expectations and all other statements in this press release other than historical facts are ``forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E, of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. The company intends that such ``forward-looking statements' be subject to the safe harbors created thereby. Since these statements involve certain risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. -------------------------------------------------------------------------------- Contact: InvestAmerica Inc. Brian Kitts, 435/615-8801