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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?

To: Frank_Ching who wrote (7194)	3/30/2000 12:12:00 AM
From: StockDung	Respond to of 10354

"phone chat lines that promised Bangkok Babes and China Dolls." Spirit of co-operation rules in Web business scmp.com Monday January 25 2000 Spirit of co-operation rules in Web business At first glance, there was nothing unusual about the Capital Growth Report when it arrived in Backspace's snail-mail box. Of equal parts financial jargon and hype, the report - which charges US$78 for a year's subscription to what appeared to be four badly laid-out pages per month - seemed a typical tech-stock newsletter. What made Backspace choke on his morning coffee was the pick of the month: an obscure public Internet company called ZiaSun Technologies. ZiaSun was known as Momentum Internet when it was based in Hong Kong. Three years ago, a magazine called The Dataphile revealed that Momentum was behind a stable of porn Web sites and phone chat lines that promised Bangkok Babes and China Dolls. Thousands of spam messages advertising these services were sent from Momentum's free e-mail service. While not admitting the spamming, Momentum and now ZiaSun president Anthony Tobin told Technology Post last year that the company no longer ran sex-related businesses. Instead, ZiaSun has latched on to other Web trends. It has an Asian search engine, a stock-trading portal, a financial news service, an advertising network and an auction site called AsiaForSale. It moved to San Diego in 1998 when it began trading over the counter in the US, while keeping most Web operations in Asia, mainly in Hong Kong and Manila. While the company claims to be profitable on modest revenues - $9 million in the second quarter last year - it has been criticised by day traders and investors in the US, who have tried to puncture those claims. Mr Tobin had ZiaSun respond by suing several day-trading and investment sites for alleged defamation. While ZiaSun likes to hype its Web sites - 45 press releases last year - it doesn't appear to be making much money. Most of ZiaSun's revenues came from two off-line subsidiaries, a Philippine-based printing business called Momentum Asia and a US learn-how-to-day-trade seminar which charges $3,995 a head, according to Mr Tobin. So Backspace was puzzled why the editor of Capital Growth Report would hold such an optimistic view of ZiaSun's prospects. 'The company has a dominant position in the exploding Asian Internet market . . . We expect that ZiaSun stock will soon be valued with that of profitable peers such as CMGI, now trading in the [US]$80 range.' A visit to Capital Growth's site (www.capitalg.com) shows it is designed and maintained by Momentum Internet and that Capital Growth offers ZiaSun's Swiftrade stock-trading service to subscribers. Isn't co-operation and alliance-building among Web companies heartening? scmp.com business.scmp.com.

To: Frank_Ching who wrote (7194)	3/30/2000 12:21:00 PM
From: Sir Auric Goldfinger	Respond to of 10354

San Jose to Host First in a Series of Internet Fraud Council Briefings April 12; Identity Theft as a Threat to e-Commerce to be Focus of First Event Business Editors & High-Tech Writers RICHMOND, Va.--(BUSINESS WIRE)--March 30, 2000--The Internet Fraud Council (IFC) will hold the first in a series of worldwide briefings on fraud and its impact on e-Commerce April 12 in San Jose, Calif. "The Identity Theft Threat to e-Commerce" will be the topic of the San Jose briefing, from 6 p.m. to 9 p.m. at the Hayes Mansion Conference Center, 200 Edendale Ave. in San Jose. Also scheduled is a look at e-Commerce "Best Practices." Tickets, available at 800/221-4424, ext. 372, are $20 in advance and $25 at the event. "The San Jose area represents the heart and soul of the new economy, so it was the perfect setting for us to launch this series of important briefings," said Paul K. Fichtman, IFC chairman. "Losses due to on-line fraud are increasing dramatically as more and more companies conduct business on the Internet. It is our hope that these briefings will allow on-line merchants to discover ways to fight back and protect themselves." Leading the session will be Fichtman, chairman of the IFC and president and COO of riskwise.com, along with Tom Arnold, executive vice chairman of the IFC and CTO of CyberSource. Fichtman brings extensive background and understanding of fraud and risk to the briefing. Prior to joining riskwise.com, he was executive vice president of the National Fraud Center and has numerous years of experience in the information technology arena with Unisys. Arnold, a pioneer in Internet fraud detection, serves as a member for the Software & Information Industry Association Internet Section Board. He has also testified before the US House of Representatives Commerce Committee and US Senate Banking Committee on topics related to Internet commerce and Internet fraud. Agenda for the Briefing is: 6:00 - 6:30: Registration, individual networking, cash bar 6:30 - 7:30: Dinner 7:30 - 7:45: Welcome, Acknowledgements, Overview of IFC, Program Information 7:45 - 8:15: Identity Fraud/Payment Processing Fraud 8:15 - 8:45: e-Commerce Best Practices 8:45 - 9:00: Questions and Answers / Open Discussion Additional briefings are scheduled for: May 7 - Austin, Texas June 13 - New York City July 11 - Seattle Aug. 15 - Chicago Sept. 12. - Washington, D.C. Oct. 11 - Los Angeles Nov. TBD - Austin, Texas In addition, the IFC is scheduling similar events in Europe and Japan this fall. The IFC, a division of the National Coalition for the Prevention of Economic Crime (NCPEC), was formed through a combined effort between the NCPEC, the National White Collar Crime Center, and the National Fraud Center to serve as a clearinghouse of information on Internet fraud for both the public and private-sectors and to meet the growing need for education, training, and research on Internet fraud. Information on the Briefings or membership in the IFC is available by contacting the organization at www.internetfraudcouncil.org or by calling 888/848-6907. --30--lr/da* CONTACT: Carroll Communications Melanie Carroll, 940/321-5502 melaniecarroll@mindspring.com KEYWORD: VIRGINIA CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com

To: Frank_Ching who wrote (7194)	3/30/2000 1:51:00 PM
From: who cares?	Read Replies (1) \| Respond to of 10354

Frank, could you help me please? It sure seems like on Monday ZSUN claimed in a press release that they had record earnings for 99. It sure seems like you would have to know about the 4th quarter numbers if that was the case, but geewhilickers i've searched high and low(I clicked the SEC link at the bottom of this page) and I just can't find anything where ZSUN filed their Q4 99 numbers with the SEC. I also can't find where they have resubmitted the 10SB. I must be in error. It looks like the last one they submitted was in December, and you, I believe, and others, were touting that a new one would be sent in, back in January. I just can't find it. I know it has to be there. I mean, in a matter of weeks this company could goto the pink sheets if the 10SB isn't approved, and then even if it was, in a few more weeks it could go pink for not having financials that are current. There just has to be an error on my part. CMB

To: Frank_Ching who wrote (7194)	3/30/2000 7:51:00 PM
From: StockDung	Read Replies (1) \| Respond to of 10354

"Floyd have you apologized to Mr Tobin yet? I think your apology is long overdue." 3.9 The false information being disseminated by the defendants includes but is not limited to allegations of criminal behavior, involvement in pornography, improper financial interests, improper promotion techniques and dissemination of false corporate and misleading information to the public. The cybersmear campaign continues through the present day. "Anthony Tobin told Technology Post last year that the company no longer ran sex-related businesses." Spirit of co-operation rules in Web business scmp.com Monday January 25 2000 Spirit of co-operation rules in Web business At first glance, there was nothing unusual about the Capital Growth Report when it arrived in Backspace's snail-mail box. Of equal parts financial jargon and hype, the report - which charges US$78 for a year's subscription to what appeared to be four badly laid-out pages per month - seemed a typical tech-stock newsletter. What made Backspace choke on his morning coffee was the pick of the month: an obscure public Internet company called ZiaSun Technologies. ZiaSun was known as Momentum Internet when it was based in Hong Kong. Three years ago, a magazine called The Dataphile revealed that Momentum was behind a stable of porn Web sites and phone chat lines that promised Bangkok Babes and China Dolls. Thousands of spam messages advertising these services were sent from Momentum's free e-mail service. While not admitting the spamming, Momentum and now ZiaSun president Anthony Tobin told Technology Post last year that the company no longer ran sex-related businesses. Instead, ZiaSun has latched on to other Web trends. It has an Asian search engine, a stock-trading portal, a financial news service, an advertising network and an auction site called AsiaForSale. It moved to San Diego in 1998 when it began trading over the counter in the US, while keeping most Web operations in Asia, mainly in Hong Kong and Manila. While the company claims to be profitable on modest revenues - $9 million in the second quarter last year - it has been criticised by day traders and investors in the US, who have tried to puncture those claims. Mr Tobin had ZiaSun respond by suing several day-trading and investment sites for alleged defamation. While ZiaSun likes to hype its Web sites - 45 press releases last year - it doesn't appear to be making much money. Most of ZiaSun's revenues came from two off-line subsidiaries, a Philippine-based printing business called Momentum Asia and a US learn-how-to-day-trade seminar which charges $3,995 a head, according to Mr Tobin. So Backspace was puzzled why the editor of Capital Growth Report would hold such an optimistic view of ZiaSun's prospects. 'The company has a dominant position in the exploding Asian Internet market . . . We expect that ZiaSun stock will soon be valued with that of profitable peers such as CMGI, now trading in the [US]$80 range.' A visit to Capital Growth's site (www.capitalg.com) shows it is designed and maintained by Momentum Internet and that Capital Growth offers ZiaSun's Swiftrade stock-trading service to subscribers. Isn't co-operation and alliance-building among Web companies heartening? scmp.com business.scmp.com.