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Microcap & Penny Stocks : GONT - GO ONLINE NETWORKS ( old symbol: JNNE ) -- Ignore unavailable to you. Want to Upgrade?


To: Terry D. who wrote (1001)5/26/2000 10:56:00 AM
From: SCOOBEY-DO  Respond to of 1063
 
Go Online.com Announces New B2B Development Project; "Website Alley" to Offer Small Businesses Entry to World Wide Web

BUENA PARK, Calif.--(BUSINESS WIRE)--May 26, 2000--Scott Claverie, president of GoOn-line.com, a subsidiary of Go Online Networks Corp. (OTCBB:GONT) Friday announced that their B2B and B2C division is completing the initial stage of a Web site that will transform Web development and allow any sized business to create, develop and maintain an Internet presence.

Coined "Website Alley," this new endeavor has been designed by GoOn-line.com's marketing and Internet group, and uses some of the same strategies and technology that has kept SGOL in the spotlight. "Since launching our B2B division, we have found that there is a broad based market of consumers seeking basic Web packages, encompassing Web design, implementation, Web hosting and e-commerce development," stated Matthew Herman, vice president of GoOn-line.com. "Our graphic artists have worked diligently to come up with an array of designs that will please the most discriminating and artistic consumer. It is our intention to dramatically reduce the cost for consumers to enter into the Web arena be it e-commerce or informational."

WebsiteAlley's clients will be able to sit down in front of their home computers and create a custom Web site from home page through color, font, and content. Using an easy-to-follow interface; no matter what range of computer skills the user may have, the end result will be a custom site.

About Go Online Networks Corp.

Go Online Networks Corp. is a Buena Park Internet technology and marketing concern, consisting of core Internet divisions, Go Online Kiosk Division, Shop Go Online, and it's Business to Business subsidiary GoOn-line.com.

Shop Go Online Division:

Shop Go Online is an e-commerce business, offering a wide variety of consumer products for purchase online. Many products are displayed using state-of-the-art streaming video and audio technology, along with Panoscan and IBM Hot Media, enhancing the shopping experience.

GoOn-line.com B2B Division:

GoOn-line.com's B2B division offers state-of-the-art designs for e-commerce sites for companies, in either business to business (B2B) or business to consumer (B2C) realms, utilizing the latest in technology available on the Web today.

Go Online Kiosk Division:

The Go Online Kiosk Division owns and operates audiovisual Internet Kiosk systems custom-designed to provide consumers access to the Internet from public locations throughout the United States. The current focus is on obtaining multi-year exclusive site agreements from national hotel franchisees. Consumers can access the Internet by paying with cash or credit card and can surf the World Wide Web or send and receive e-mails. Additional revenues can be obtained by selling screen saver, banner ads and popup advertisements.

This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.

CONTACT: Go Online Networks
Joseph Naughton, 714/736-9888
joe@jnne.com
goonlinenetworks.com
or
Go Online.com
Matthew Herman, 530/891-4100
mh@GoOn-line.com
gontinvestor.com



To: Terry D. who wrote (1001)5/26/2000 1:16:00 PM
From: Buckeye  Respond to of 1063
 
You are soooo right!

The only way this company keeps going, is because people are buying their shares; otherwise, shares could not be issued, in these vast quantities, to pay daily bills.

There is a limit to the shares they can issue. When this limit is reached, they will have a 20 for 1 reverse split, so that they can continue to issue shares for their expenses.

There are few revenues (sales)! Without sales, you cannot have profits. It would seem unlikely that any profit per share will be forthcoming.

All of the above is just my simple opinion; however, if you wish to see how bad it really gets, just click on the link below, to see their latest filing:

biz.yahoo.com

Good Luck!