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Microcap & Penny Stocks : NAUGHTY NOTES-SHORT TERM STOCK TRADING IDEAS -- Ignore unavailable to you. Want to Upgrade?

To: Golf Pro6 who wrote (719)	3/31/2000 12:26:00 PM
From: CIMA	Read Replies (1) \| Respond to of 751

MLB - Thursday March 30, 4:53 pm Eastern Time Company Press Release MLB Industries-Annual General Meeting of Shareholders April 27, 2000, Clarification of Material Contained in Information Circular CALGARY, ALBERTA--Last week the information package for the Annual Meeting of Shareholders was mailed to all shareholders of record March 13, 2000. A number of shareholders have contacted the company seeking clarification with respect to some of the items to be voted upon as described in the Management and Information Circular (``MIC'). Mr. Charles (Sonny) Stone, President of MLB Industries Inc., wishes to clarify the purpose for inclusion of two of the items to be voted upon. A REQUEST FOR AUTHORIZATION FOR ROLL-BACK OF SHARES (ITEM F(A) OF THE M.I.C. - ITEM NO. 6 ON THE INSTRUMENT OF PROXY) The company is seeking renewal of the shareholders' authorization to roll-back the number of outstanding shares. This authority was originally sought and approved by the shareholders at the 1999 Annual General and Special Meeting of Shareholders. The Company is simply seeking renewal of that authorization in order to maintain maximum flexibility to address future market circumstances. The rules of the Canadian Venture Exchange allow for up to a maximum roll-back of (1) share for ten (10) shares. The company elected to request shareholder approval for this maximum degree of flexibility going forward. It is not the current intention of management or the Board to initiate a specific roll-back. However, if the Company is exploring the opportunity for listing the Company's shares on the small cap Nasdaq Exchange, the Nasdaq regulations require that the stock be trading on an existing exchange at the minimum equivalent to $4.00 U.S. per share. Dependent upon timing and authorization at this meeting in the event that some degree of roll-back was necessary to ensure this price trading range, could be achieved. B REQUEST FOR AUTHORIZATION FOR NAME CHANGE (ITEM F¸ OF THE M.I.C. - ITEM NO. 6 ON THE INSTRUMENT OF PROXY) The company is also seeking renewal of the shareholders' authorization for a name change. Again this authority was originally sought and approved by the shareholders at the 1999 Annual General and Special Meeting of Shareholders. That authorization expires at the time of the 2000 Annual General Meeting of Shareholders. The Company is simply seeking renewal of that authorization in conformity with its requested authorization to complete the take-over of Pixelplay Interactive Inc. and as noted above, consider listing on the Nasdaq Exchange. -------------------------------------------------------------------------------- Contact: MLB Industries Inc. Charles (Sonny) Stone (403) 263-9220