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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock? -- Ignore unavailable to you. Want to Upgrade?

To: James D. who wrote (1585)	5/23/2000 11:27:00 PM
From: Dorine Essey	Read Replies (1) \| Respond to of 1593

Hi Jim, I hope this helps. Dorine Xin Net Shares to Trade in Pink Sheets XIN NET CORP. NASD OTCBB: ``XNETE.OB'' Wed May 17 17:25:00 EDT 2000 VANCOUVER, May 17, 2000 /CNW-PRN via COMTEX/ -- Further to the May 15, 2000 press release, the board of directors of Xin Net Corp. announces that the company has not yet cleared SEC Form 10 comments and as a result its shares will be trading in the ``Pink Sheets'' commencing on May 18, 2000. The company has diligently pursued its Form 10 and other filings, but SEC staff has continued to deem there to be unresolved, mostly accounting, issues. Management and the Company's auditors are working to resolve those issues quickly. The Company is committed to obtaining the necessary clearance from the SEC and believes the present situation to be only temporary. Once Form 10 clearance is obtained from the SEC, Xin Net will immediately apply for reinstatement on the OTC Bulletin Board. The fact that the company may trade in the ``Pink Sheets'' for a short period of time will not prevent the company from building on its past achievements in order to carry out its plans to become a major technology company in the China and Asia markets. Those achievements include, amongst others: - Customer base of 230,000 in approximately three years of operations; - A very successful and growing domain name registration business which counts a network of more than 100 agents; - One of only three ICANN accredited registrars in China; - Agreements and contracts with the Bank of China, the Commercial and Industrial Bank, the Post Office, Telecommunication Bureaus and other blue chip corporations; - Strategic partnerships and associations with IBM, Sun Microsystems and Oracle; - Substantial growth in revenue which is expected to continue; - Cash on hand of nearly $5 Million at the end of first quarter 2000 to fund future growth; - Number of employees has reached 200. Xinnet provides Internet access and content (www.xinnet.com.cn), online domain name registration, website hosting, design & management (www.ChinaDNS.com) and e-commerce solutions. It currently operates in Beijing, Guangzhou, Shanghai and Shenyang and has ISP licenses for six (6) other Chinese cities. Its subscriber base has reached over 230,000 including domain name registrants. Any forward-looking statement in this press release is made pursuant to the ``safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties including, but not limited to, economical and political factors, developments of the Chinese Internet market and changes in regulatory matters. The Company disclaims any obligation to update any such factors or to publicly announce results of any revision to the forward-looking statements contained herein to reflect future events or developments. ON BEHALF OF THE BOARD OF DIRECTORS (Signed) Marc Hung, President For further information, contact: Marc Hung, President or Ernest Cheung, Director. Telephone: 604-632-XNET (9638) Facsimile: 604-689-7654 Home Page: www.xinnet.net E-mail: investors@xinnet.net To request a free copy of this organization's annual report, please go to www.newswire.ca and click on reports@cnw SOURCE Xin Net Corp. CONTACT: Marc Hung, President or Ernest Cheung, Director, Telephone: 604-632-XNET (9638), Facsimile: 604-689-7654, Home Page: www.xinnet.net, E-mail: investors@xinnet.net

To: James D. who wrote (1585)	11/30/2001 5:13:20 PM
From: Dorine Essey	Respond to of 1593

Hi James, It's been a year. Are you still holding XNET? They have had good news and seem to be turning around. Dorine

To: James D. who wrote (1585)	2/1/2002 9:36:23 AM
From: Dorine Essey	Respond to of 1593

XIN NET CORP. - PRIVATE PLACEMENT IN WORLD ENVIROTECH, INC. BUSINESS EDITORS VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--FEB. 1, 2002-- FURTHER TO THE PRESS RELEASE OF DECEMBER 26, 2001, XIN NET 09:02 ET VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 1, 2002-- Further to the press release of December 26, 2001, Xin Net Corp. (OTCBB: XNET.U), the "Company", has invested $600,300 in a private placement of World Envirotech, Inc. (OTCBB: WDEV.U) for 14,500,000 common shares (3,625,000 shares after an adjustment of a 1 for 4 consolidation), as well as 10,875,000 special warrants convertible into 10,875,000 post-consolidation common shares on or before January 31, 2004. An option to purchase an additional 7,500,000 post-consolidation common shares for $300,000 until February 15, 2002 was also granted to the Company. The proceeds will be used by World Envirotech, Inc. to fund the future growth of its ProtectServe Pacific Ltd. ("PSP") subsidiary. Please refer to the latest information statement (Form 14c) filed by WDEV for further details. "Xinnet" provides online domain name registration, web site hosting, design & management and e-commerce solutions to customers mainly in China and SAR Hong Kong. It currently has offices in Beijing, Chengdu, Guangzhou, Nanjing, Shanghai and Shenyang. It operates the following web sites: www.chinadns.com, paycenter.com.cn, and ebwdiy.com Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, developments of the Chinese Internet market and changes in regulatory matters. The Company disclaims any obligation to update any such factors or to publicly announce results of any revision to the forward-looking statements contained herein to reflect future events or developments. ON BEHALF OF THE BOARD OF DIRECTORS (Signed) Marc Hung, President --30--vs/cgo* CONTACT: Xin Net Corp. Marc Hung, President or Ernest Cheung, Director. Telephone: 604/632-XNET (9638) Facsimile: 604/689-7654 E-mail: investors@xinnet.net URL: www.xinnet.net