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

To: Tom Allinder who wrote (55389)	7/19/2000 3:18:33 PM
From: SSP	Read Replies (2) \| Respond to of 150070

GOLDSTATE CORP - Results of Due Diligence in Regards to FP Telecom Ltd. Agreement Goldstate Corporation (the "Company") announces that it has completed its due diligence in regards to FP Telecom Ltd., an Alberta registered Company. Toronto, Ontario, Jun. 23, 2000 (Market News Publishing via COMTEX) -- After completion of its due diligence the Company has decided not to move forward with the acquisition of FP Telecom Ltd. The Company regrets having to make this decision but its research indicated that proceeding with the acquisition would not be in the best interests of the company or its shareholders. The Company is exploring other projects and will announce changes as they occur.