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Biotech / Medical : HEB, Hemispherx Biopharma (AMEX)NEW -- Ignore unavailable to you. Want to Upgrade?

To: LORD ERNIE who wrote (749)	5/30/2000 8:32:00 AM
From: LORD ERNIE	Read Replies (4) \| Respond to of 857

Asensio & Company to Participate in First Live Internet Video Streaming of a Mt. McKinley Expedition DENALI, Alaska, May 28, 2000 /PRNewswire via COMTEX/ -- The following is being issued by Asensio & Company, a member of the National Association of Securities Dealers, CRD number 31742: Manuel P. Asensio, Chairman, President and Chief Executive Officer of the New York based investment banking firm Asensio & Company, Inc. will join the 8 member Mt. McKinley expedition team sponsored by SpeedUs.com, Inc. (Nasdaq: SPDE). The team includes Shant S. Hovnanian the Chairman, President and Chief Executive Officer of SpeedUs.com, Inc. and two other SpeedUs.com employees. All of the team members except for Mr. Asensio are Armenians who reside in Armenia, Russia and the United States. The expedition plans to stream live video coverage of the climb on the Internet. The SpeedUs.com team is led by the world's eldest mountaineer, sixty-one year old Lev Sarkisov. On May 12, 1999, Mr. Sarkisov became the oldest person to summit Mt. Everest at age 60 years and 161 days. Mr. Sarkisov broke Venezuelan mountain climber Ramon Blanco's record who had summited Mt. Everest five years earlier at age 60 years and 160 days. The SpeedUs.com Mt. McKinley expedition is expected to leave the mountain's south-side Base Camp to commence its climb this coming Memorial Day, Monday, May 29, 2000. The expedition plans to broadcast via satellite live video coverage of the expedition on a daily basis. The broadcast will be streamed onto the Internet and will be available for viewing live and from archives on SpeedUs.com's Broadband Beta site. The site is specially designed to provide high speed Internet users with broadband content. Both high speed and normal speed Internet users will have access to the expedition's live broadcasts and archived footage at speedus.com . The schedule and agenda for the daily broadcast, which will depend on the weather and other conditions, will be announced as early as possible. Visitors will be able to register to receive e-mail notices in advance of the live broadcast. Mr. Sarkisov, the team leader, holds the Russian mountaineering distinction of "Snejini Bars" or "Snow Tiger." He has climbed the summit of Russia's 4 highest peaks located in the former Soviet Union Republics of Tajikistan and Kirgizstan. These peaks, Peak Communism, Peak Korjenerskaya, Peak Lenin and Peak Pobeda, are all over 7 kilometers in altitude. Mt. McKinley is the northern most high altitude mountain in the world. It is located just 3 degrees, or approximately 300 kilometers, south of the Arctic circle. T he SpeedUs expedition will use the West Buttress Route. The route is 15 miles long from the base camp to Mt. McKinley's summit and has an average inclination of 10 degrees. The expedition is expected to make the ascent in 6 days. Asensio & Company, Inc. is an institutional investment bank specializing in corporate valuations and equity research. Asensio & Company also specializes in investigating and short selling stock promotions and publishing research on companies it identifies as grossly overvalued, as defined. A complete documented history of Asensio's published work with overly promoted securities, and the firm's definition of gross overvaluation, is available on the Internet at asensio.com . Asensio & Company has recently been the subject of six lawsuits filed by different companies and shareholders. All of these companies were targets of Asensio & Company's stock promotion research. These companies' stocks declined by an average of 88%. Of these six lawsuits, five have been already been dismissed with prejudice. The only pending lawsuit remaining is against Hemispherx Biopharma, Inc. Asensio & Company is actively engaged in short selling, including companies that are the subject of the firm's research reports, and advises its clients on securities it believes are overvalued. This report should not be construed as an offer to sell or solicitation of an offer to buy any securities. Opinions expressed are subject to change without notice. This report has been prepared from original sources and data which we believe to be reliable but accuracy is not guaranteed. This research report was prepared by Asensio & Company, Inc. whose stockholders, officers and employees may from time to time acquire, hold or sell a position in the securities mentioned herein. Asensio & Company, Inc. may act as principal for its own account or may sell or buy to or from its customers the securities described herein. Asensio & Company, Inc., may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any company mentioned in this report or its affiliates. SOURCE Asensio & Company, Inc.