Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (42373)	4/10/2000 6:21:00 PM
From: CIMA	Respond to of 150070

TRITE - Great article on R/M's from the RB thread: By: n_sight Reply To: 4274 by svnout Monday, 10 Apr 2000 at 3:52 PM EDT Post # of 4349 Reverse Merger vs. IPO Going Public by Reverse Merger In 1970, with no cash and in an exchange of stock, Ted Turner gained control of publicly traded Rice Broadcasting (WJRJ-TV)using a little known maneuver called a reverse merger. Virtually insolvent, but with a bold vision and control of a public company, he was able to tap the capital markets of Wall Street. His stock in the former Turner Broadcasting System (TBS) now Time Warner (TWX) is worth over three billion dollars. In February of 1996, Wall Street?s top woman Muriel Siebert, who in 1967 became the first woman to buy a seat on the New York Stock Exchange., took her brokerage firm Muriel Siebert & Co, Inc., (SIEB) public through a reverse merger with J. Michaels, a liquidated Brooklyn furniture company. The legendary Arman Hammer invested in a public shell company in the 1950?s and created an International company with 14,300 employee?s worldwide and operating revenue of $10.6 billion in 1996. It?s known as Occidental Petroleum Corporation (OXY). Reverse Mergers bring Public Shell Companies back to life. Companies usually go public by finding an underwriter and filing a Registration Statement with the Securities and Exchange Commission (SEC). An alternative method of going public is to effect a reverse merger into a public shell company. When the reverse merger is complete the operating company that wants to be public is merged into the public shell company. The public shell company is the legal surviving corporation. The name of the public company is changed to the name of the former private company and the controlling shares are transferred to the officers of the former private company. The net effect is that the former private operating company is now public with the same business, officers, directors with its shares being traded on the over the counter (OTC) Bulletin Board or on NASDAQ. The old shareholders of the public shell company also benefit; their old worthless shares now have value Reasons to Go Public The public company achieves liquidity for its shareholders through the OTC Bulletin Board or NASDAQ. Insiders "controlling shareholders" also achieve liquidity under Rule 144, which allows control people to sell, unregistered stock under certain conditions. A public company can use its stock to purchase other companies, collateralize loans or reduce debt in exchange for stock. Employee stock option plans also increase incentive. The capital markets of Wall Street could open to the company through private placements and secondary stock offerings once the market for their shares is established. Capital can also be raised through Reg S, offerings to foreign investors. Under certain conditions free trading stock can be created to reimburse for services rendered, under an S-8 Registration. Why Shell Mergers? There are four major advantages of a shell merger. It is a less expensive method of going public, and if the shell has capital, you will know before the shell merger precisely how much equity you must give up for that capital. In the traditional IPO, you do not have assurance as to how much capital you will actually receive until the effective date of the IPO, after you have already spent a substantial sum. After the merger, the existence of a public trading market in you company?s stock is a very useful in attracting additional capital, since the market provides immediate liquidity for the investor. And finally, if the shell has a tax loss carryover, that carryover, subject to significant limitations, may be available to shelter the taxable income of your business. (Voluntary Disclosure: LT Rating- Strong Buy)

To: Jim Bishop who wrote (42373)	4/10/2000 7:33:00 PM
From: CIMA	Read Replies (1) \| Respond to of 150070

SRU.V - Here we go folks! STARFIELD RESOURCES INC. PRESS RELEASE April 10th, 2000 Corporate Office: #00-7 Suite 420-625 Howe Street Vancouver, BC CANADA SRU.CDNX V6C 2T6 SRFDF ? OTC BB Tel: (604) 608-0400 Fax: (604) 608-0344 Toll Free: (877) 233-2244 email: info@starfieldres.com website: starfieldres.com MAJOR FINANCING COMPLETED $1,500,000 EXPLORATION PROGRAM AT FERGUSON LAKE COMMENCES Starfield Resources Inc. announces a major private placement financing that will position the Company as a significant player in the exciting search for Palladium-Platinum-Nickel-Copper and Cobalt. The Company negotiated a private placement of 1,400,000 Special Warrants at $0.50 per unit that will yield the Company $700,000. Each Special Warrant when exercised will result in one common share and a warrant to purchase a further share at $0.60 for one year. Of the 1,400,000 Special Warrants, 1,000,000 are designated as flow through. A finder?s fee commensurate with CDNX policies will apply. The funds will be used to advance the estimated possible resource of 11 million tonnes (Carter 1999) on the Ferguson Lake property in Nunavut, Canada. These funds together with warrants being exercised and the $500,000 Special Warrant financing completed February, 2000 will allow the company to complete its current exploration objective of 1.5 million dollars during Spring, 2000. The exploration budget covers detailed surface and downhole geophysical surveying (UTEM), ground magnetics and 5000 meters (16,500 feet) of core drilling. Exploration crews are now on site and have commenced geophysics. Drilling is expected to start within the week. The 1999 exploration program outlined a 9 kilometer zone hosting massive sulphide mineralization containing Palladium-Platinum-Nickel-Copper and Cobalt. Two other potential parallel zones have been identified. The Company has shown that the Palladium-Platinum precious metals are homogenously distributed within the massive sulphides. Confidence in the size of the Ferguson Lake Project became apparent with the drill core widths intersected during the 3918 meters drilled in 1999. Significant intersections and grades are as follows: Hole FL99-05 (East Zone) Length Assay Geochem(F/A) Interval (metres) (m) feet Cu(%) Ni(%) Co(%) Pd(g/t) Pt(g/t) Pd+Pt(g/t) 117.48-128.57 11.09 36.5 0.89 0.87 0.11 1.46 0.53 1.99 (including 120.75-125.130 ) 4.38 14.4 0.87 1.05 0.14 1.84 0.72 2.56 Hole FL99-09 (West Zone) Length Assay Geochem(F/A) Interval (metres) (m) ft. Cu(%) Ni(%) Co(%) Pd(g/t) Pt(g/t) Pd+Pt(g/t) 104.60-111.18 6.58 21.7 0.50 0.66 0.09 1.51 0.20 1.71 122.89-138.33 15.44 50.9 0.88 0.78 0.10 1.72 0.10 1.82 Hole FL99-17 (West Zone) Length Assay Geochem(F/A) Interval (metres) (m) ft. Cu(%) Ni(%) Co(%) Pd(g/t) Pt(g/t) Pd+Pt(g/t) 185.00-205.08 20.08 66.2 1.00 0.83 0.11 1.81 0.22 2.03 (including 185.00-201.39) 16.39 54.1 1.21 0.98 0.14 2.13 0.25 2.38 ON BEHALF OF THE BOARD OF DIRECTORS ?Glen J. Indra? Glen J. Indra, President

To: Jim Bishop who wrote (42373)	4/10/2000 9:23:00 PM
From: StocksDATsoar	Respond to of 150070

Subject: [TheCopperWire] FWEB correction and addition. We have just received new share count information on Financial Web.com please note the changes. The old share count that is posted on the Yahoo FWEB profile is outdated. Ticker symbol: FWEB Outstanding shares: 8 million Float: 2.5 million We would also like to make note of this addition to the board of FWEB. We feel this is significant because of the strength and past experience Edward Mullen brings with him. We believe Mr. Mullen adds great credibility to the FWEB team. Edward E. Mullen Chairman of the Board Most recently, Mr. Mullen was President and a director of Marketing Services Group Inc. (MSGi), a holding company with eleven Internet and marketing services companies in its portfolio. Significant stockholders of MSGi include CMGi (Nasdaq: CMGI) and GE Capital. Prior to joining MSGi, Mr. Mullen served as the president and CEO of CMG Direct Corp, the original CMGi company. During his tenure, CMGi's market cap grew from $800 million to $13 billion. Under Mr. Mullen's leadership, several Internet technologies were created and he was responsible for incubating and founding WiredEmpire. WiredEmpire, a subsidiary of MSGi, is a leading e-relationship company. Mr. Mullen serves on the boards of several Internet companies. He has also served on the boards of non-profit organizations such as WGBH-TV's Business Executive Council, The Massachusetts Interactive Media Council and Business and Technology for Schools and Technology (BEST). Mr. Mullen is an adjunct professor at Boston College's Graduate School of Management where teaches courses on Venture Capital and Mergers & Acquisitions. The above changes and additions will be added to the FWEB profile that was sent out earlier today. You can read more about FWEB at financialweb.com Best regards, TheCopperWire team. TheCopperWire editorial contributors are made up of high- risk tolerant investors, this FREE service is intended for individuals of the same nature. Please read! "It is our belief that one of the only true freedoms that anybody really has is the freedom to have an opinion. Don't give up this freedom. TheCopperWire (TCW) comments and profiles are our opinions, you should have your own opinions..." NOTE: membership/subscription of TCW is FREE and is strictly voluntary reading on behalf of the member/subscriber. If at any time you would like to remove your email address from the list look for the unsubscribe link at the bottom of the letter. By becoming or remaining a member of TheCopperWire you will have agreed to the following disclaimer. This newsletter is intended solely for entertainment and informational purposes. No information in this newsletter is intended as advice and should not be construed as such. TCW and its associates believe to be compliant with SEC guidelines, and will keep up-to-date with all SEC regulatory changes whenever possible in order to stay in compliance with directives. All investment decisions should be reviewed by a qualified professional. Any statements made are our expressed opinion only and should be treated thusly. TCW will not give advice of any type regarding the buying, selling, holding or any processing of any security/financial transaction. Therefore any statements or opinions made by TCW should not be taken as advice. We are not associated with the Securities and Exchange Commission (SEC), a registered Brokerage Company, or any of the foreign or domestic Stock Exchanges. TCW is not a financial advisor. Any subscriber to this service agrees to forfeit any and all liability against owners/operators/editors of TCW for any information received. We are an informational idea research service for high-risk tolerant individuals and any information given should not be considered as an offer or recommendation to buy or sell securities and does not include analysis of said companies financial position. The information comes from an array of many sources with no guarantees of accuracy or reliability. Therefore we are not liable for any losses or damages, monetary or otherwise, resulting from the use of their services. None of our associates are liable for inability to disseminate information due to problems arising from various email networks or distribution protocols. TCW makes no representation or warranty relating to the validity of the facts presented nor does TCW represent or warrant that all material facts necessary to make an investment decision are present herein. Subscribers should consult with their own tax, business and financial advisors with respect to any investment. It should be assumed, that due to the fluctuations in the stock market, TCW its affiliates or associates own, or will buy or sell profiled companies without prior notice and could stand to gain financially if the price of the profiled company stock increases. We will disclose the position that we acquired related to any profiled company herein. All information published and contained in these email notices should be independently verified. Profiles that are received from TCW are only our opinions and that which we believe to be a good point for starting additional research. At times TCW and/or associates, affiliates of TCW may be compensated for use of its network and its services. TCW will always disclose any compensation received relating to any company that is profiled herein. At times TCW or its affiliates and/or associates will be compensated in shares of the profiled company. Please be aware that TCW intends to sell part or all of these shares in the event that the shares appreciate in value. ** SEC Section 17B Disclosure: TCW/affiliates/associates are in anticipation of recieving 2,500 shares of FWEB for one or more of the following, preparation and dissemination of company profile, news and update dissemination. TCW and/or its associates, affiliates will not advise when it intends to sell and will not offer an opinion as to when others should sell; readers should make that decision based on his or her opinions. Individuals should investigate and fully understand all risks before investing. Be further advised that Companies mentioned herein may carry an investment risk, and should be considered highly speculative. Investing in securities could result in the loss of part or all your money. TCW profiles are meant for high-risk tolerant people and not the general public. Information within TheCopperWire newsletter contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or by statements indicating certain actions "may," "could" or "might" occur. ______________________________________________________________________ To unsubscribe, write to TheCopperWire-unsubscribe@listbot.com ---------------------------------------------------------------------- Advertisement: