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To: Jim Bishop who wrote (38271)3/21/2000 10:44:00 AM
From: Taki  Respond to of 150070
 
Good news on UVGI.Earnings.(PR NEWSWIRE) United Ventures Group Announces Profits on 1999 Revenues of $10
United Ventures Group Announces Profits on 1999 Revenues of $10.6 Million

NEW YORK, March 21 /PRNewswire/ -- Isaac Nussen, CEO of United Ventures
Group, Inc. (OTC Bulletin Board: UVGI), announced today the release of
preliminary financial performance for the year ended December 31, 1999. The
Company has posted revenues in excess of $10.6 million dollars from its core
business of jewelry manufacturing and distribution. Based upon the
preliminary result subject to the final audit, United Ventures Group, Inc.
showed a moderate gain from fiscal year 1998 financial results. More
financial information on profitability will be released when the final audited
financials are completed.
"We are extremely pleased with the Company's performance in 1999 and look
forward to the coming year as we expand into the e-commerce marketplace. The
unveiling of www.ElegantChoice.com is on schedule for late April, 2000,"
stated Isaac Nussen, CEO, United Ventures Group, Inc.

About United Ventures Group Incorporated
United Ventures Group, Inc., a Delaware corporation, through its wholly
owned subsidiaries, is a jewelry designer, manufacturer, and distributor. The
Company's product line includes a wide assortment of 14-karat gold jewelry
along with the newly added diamond and pearl jewelry lines. The Company is
currently seeking to align itself with major Internet marketing and
advertising entities to increase the brand awareness and drive traffic to its
site.

This press release contains forward-looking statements made pursuant to
the safe harbor provisions of the Private Securities Litigation Act of 1995.
Expression of future goals and similar expressions reflecting something other
than historical fact involve risks and uncertainties. The actual results the
Company achieves may differ materially from any forward-looking statements due
to such risks and uncertainties.

Contact Information:

Isaac Nussen, CEO
United Ventures Group, Inc.
(718) 361-0400 phone
Email: jarnow2000@aol.com
www.AmericanCharm.com

Patrick M. Rost, Investor Relations
PMR & Associates, LLC
(760) 942-0015 phone
Email: pmrandco@aol.com

SOURCE United Ventures Group, Inc.
-0- 03/21/2000
/CONTACT: Isaac Nussen, CEO, United Ventures Group, 718-361-0400, or
jarnow2000@aol.com; or Patrick M. Rost, Investor Relations, PMR &
Associates, LLC, 760-942-0015, or pmrandco@aol.com, for United Ventures
Group/
/Web site: elegantchoice.com /
(UVGI)

CO: United Ventures Group, Inc.
ST: New York, Delaware
IN: HOU MLM
SU: ERN



To: Jim Bishop who wrote (38271)3/21/2000 10:45:00 AM
From: Witold  Respond to of 150070
 
Jim, I think UVGI is a STRONG BUY because of the current price level and the APRIL TARGET EVENT (!). Please read this news carefully.
***************
Tuesday March 21, 10:01 am Eastern Time
Company Press Release
SOURCE: United Ventures Group, Inc.
United Ventures Group Announces Profits on 1999 Revenues of $10.6 Million
NEW YORK, March 21 /PRNewswire/ -- Isaac Nussen, CEO of United Ventures Group, Inc. (OTC Bulletin Board: UVGI - news), announced today the release of preliminary financial performance for the year ended December 31, 1999. The Company has posted revenues in excess of $10.6 million dollars from its core business of jewelry manufacturing and distribution. Based upon the preliminary result subject to the final audit, United Ventures Group, Inc. showed a moderate gain from fiscal year 1998 financial results. More financial information on profitability will be released when the final audited financials are completed.

``We are extremely pleased with the Company's performance in 1999 and look forward to the coming year as we expand into the e-commerce marketplace. The unveiling of www.ElegantChoice.com is on schedule for late April, 2000,' stated Isaac Nussen, CEO, United Ventures Group, Inc.

About United Ventures Group Incorporated

United Ventures Group, Inc., a Delaware corporation, through its wholly owned subsidiaries, is a jewelry designer, manufacturer, and distributor. The Company's product line includes a wide assortment of 14-karat gold jewelry along with the newly added diamond and pearl jewelry lines. The Company is currently seeking to align itself with major Internet marketing and advertising entities to increase the brand awareness and drive traffic to its site.



To: Jim Bishop who wrote (38271)3/21/2000 10:48:00 AM
From: Katie Kommando  Read Replies (2) | Respond to of 150070
 
MYIQ . . . I liquidated my position yesterday. In my opinion, it may be stalled in its current price range for awhile so I decided to take the cash and jump on some "faster horses." It will probably go to $1 now!!

Katie K.