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Microcap & Penny Stocks : fhtv Fisher Television Corp -- Ignore unavailable to you. Want to Upgrade?

To: Evan who wrote (564)	3/12/2000 9:23:00 PM
From: Patrick Smith	Read Replies (1) \| Respond to of 641

Ok boys... I can't take it anymore....there's good reason for the gloom on RB. How's this... FISHER TELEVISION COMPANY, Inc. (OTC Bulletin Board: SGYT) announced today that it has entered into a Letter of Intent agreement with QVC, Inc. to add QVC to the FISHER TELEVISION COMPANY programming lineup in 1999. QVC has denied any dealings with FHTV and made them remove the press release, but they didn't remove it from all services. You can contact Neil Grabell, Senior VP and QVC head in-house legal counsel to verify. This was taken from the infamous fax.. The Company holds an exclusive agreement with Telesat/Cosmos to provide home shopping, direct, response shopping (infomercials). This agreement is 9I) exclusive to the Company the entire Peoples Republic of China (ii) This agreement is for 5 years with the Company?s option for an additional 5 years. The launch date will be August 1999 and the channel will provide programs with the home shopping formatted included directly from Macau Earth station. Revenue sharing the sales of advertising has been agreed upon for this agreement with all the cable operators. Again, false information, Telesat/Cosmos denies any such agreement. You can check with Mr. Li Jie (President) of Telesat to verify that one. Oh by the way, in case you didn't know, the PR firm is being sued both in civil and criminal cases regarding this issue. I hate to be the one that breaks the bad news, but this company has mislead investors, they have no contracts, they have no product. They do however have an office in Macau that will respond to any question with "no comment". It's the only the answer they can give without incriminating themselves.