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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: DanielleC who wrote (119373)	3/21/2000 10:02:00 AM
From: john	Read Replies (1) \| Respond to of 119973

WIZZF news out....... Attention Business Editors: WSi Interactive to sell Stocksecrets.com to Internetfinancialcorp.com (OTC-IFAN) WSi INTERACTIVE CORPORATION Symbols: CDNX - WIZ OTC - WIZZF VANCOUVER, March 21 /CNW/ - Further to WSi's news release of February 4, 2000, WSi is pleased to announce that it is selling its Stocksecrets.com business to Internetfinancialcorp.com (``IFAN'), a US public company the shares of which trade on the OTC Bulletin Board market with ticker symbol ``IFAN'. Under the terms of the agreement, WSi will receive that number of shares of IFAN equal to 49.9% of the shares issued and outstanding on closing. IFAN currently has 15,000,000 shares issued. IFAN shares closed on Monday, March 20th at $US4.93. WSi's shares will be subject to resale restrictions. On closing, all of the directors of IFAN shall be nominees of WSi. WSi shall continue to manage the Stocksecrets.com business for IFAN for a fee of $US50,000 per month. IFAN is a Los Angeles based financial Internet incubator that is aggressively pursuing the acquisition of established financial service companies both traditional and Internet based. Stocksecrets.com was created in March 1999 to provide financial information to investors across North America. Stocksecrets.com provides investors with detailed information on small cap stocks. With the explosive growth of the Internet since the mid-90's, the Web has become the investor's most powerful tool, and the number of investors turning to the Internet is growing at a rapid pace. The transaction is subject to various conditions, including the drafting of formal documents and the completion of a $US1 million financing by IFAN.