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


To: StockDung who wrote (7506)4/24/2000 2:27:00 PM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 10354
 
What about Pinmail? How did ASFI get Pin[head]mail when PLAboy had a lien on AsiaFocus' assets?: "Asia4sale was incorporated on April 9, 1996, duly organized, validly existing and in good standing under the laws of Hong Kong. Asia4sale was organized to buy and sell merchandise over the internet, buying and selling
goods directly from manufacturers in Asia. To be competitive in the Asian market, the Company has acquired the assets of Pacific Barter, Ltd., a company specializing in barter in Asia.

On March 25, 1999, the Company entered into an Acquisition Agreement and Plan of Reorganization, under which the Company acquired Asia4sale.com,Company issued 100,000 (post-split adjusted) shares of restricted common
stock and paid $15,000 cash to the majority holder of the capital stock of
Asia4sale, thereby virtually making Asia4sale a wholly-owned subsidiary of
the Company. In addition, the Company made an unsecured loan of $50,000 to
Asia4sale upon closing of the acquisition and agreed to issue one(1)
additional share of restricted common stock for each dollar ($1.00) of
actual earnings of Asia4sale for the period from April 1, 1999 through
September 30, 2000. Asia4sale is in the business of Internet related
international e-commerce. In addition, the Company was granted the option
to repurchase the 100,000 shares issued in the acquisition of Asia4sale for
a period of one (1) year at a price of $1.50 per share in the event that
Asia4sale fails to reach positive cash flow from its operations by
September 30, 2000. The acquisition was completed on May 12, 1999. The
acquisition of Asia4sale was accounted for as a purchase. The contingent
shares are not recorded as being issued in accordance with APB16,
paragraphs 79 and 80.



To: StockDung who wrote (7506)4/24/2000 2:28:00 PM
From: who cares?  Respond to of 10354
 
That's too funny. Just like JJS64 posted over a year ago, look for those to be the companies they are invested in and for all of their big gain on securities to be smoke and mirrors as things get juggled from one Cragco POS to another. Remember all of Francoise's hype about ZSUN's great investments and it's not needed to disclose them. Like I said, it's really all too funny. Almost as funny as the stock being up today. Tech stock, internet stock, pffffft. Manipped POS? Si, said the blind man. I swear you'd be hardpressed to find a stock that trades more opposite the tech sector.
CMB



To: StockDung who wrote (7506)4/24/2000 3:46:00 PM
From: Sir Auric Goldfinger  Respond to of 10354
 
TS, these are new directors are they not?: "Hans von Meiss, 53, was appointed as a Director of the Company on January
17, 2000. Mr. Meiss received a degree in economics from the University of St.
Gallen in Switzerland in 1973 and masters in business administration at INSEAD,
Fontainebleau, France. For a period of seven years from 1984 to 1991, Mr. Meiss
served as an investment banker with Bankers Trust International Ltd. and Chase
Manhattan Ltd. in London. Mr. Weiss served as the CEO of Dr. Ing Koenig Ag, a
leading Swiss service center for flat steel and industrial fasteners, in Zurich
for a period of four years. Mr. Meiss for a period of three years from 1991 to
1994 served as a financial and management consultant. In 1994, he was the CEO of
Holding Co., a Dutch industrial group of companies, for a term of three years.
Mr Meiss also served as the CEO of Swiss Textile Group for a period of three
years beginning in 1997. Mr. Meiss has experience in investments in internet
related businesses. He as served on the Board of UTO Bank, a private bank in
Zurich, CAG, an industrial concern based in Vienna, McDaniels S.A., a financial
consulting firm in Lausanne, and as a member of the board of his own company, G.
Von Meiss AG.

Dennis E. McGrory, was appointed as the Secretary of the Company on
February 25, 2000. Mr. McGrory is an Air Force veteran where he served as a
court reporter and administrative specialist. Overall, Mr. McGrory has 30 years
of combined administrative experience, including Assistant to the City Editor
for a major newspaper, Legal Transcriber, Legal Assistant, Paralegal, and more
recently Office Manager for a large law firm wherein he was responsible for all
administrative functions. He is also currently the commander of the American
Legion San Dieguito Post 416."