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To: Taki who wrote (57759)	8/3/2000 1:38:29 AM
From: Taki	Respond to of 150070

UVGI alert.It seems like coming back on BBs, and someone has a $1.07 target price on this recent link.It seems like already from .03 cents, now is trading at .14. quicken.com By: UkInvestor $$$$ Reply To: None Wednesday, 2 Aug 2000 at 7:26 PM EDT Post # of 29236 United Ventures Jumps Back on Board - Highlights By Peter Lim Published by OTCNN.com 08/01/2000 08:13 AM CST United Ventures Group (OTCBB:UVGIE), a distributor, manufacturer and designer of fine jewelry, was re-listed on the OTCBB after clearing all comments from the SEC. The company was removed from the OTCBB in June when it failed to comply with an SEC rule regarding mergers that was introduced a day after United Ventures merged with ASCI, the company CEO said. “The problem with the SEC is by the time they review somebody, there’s not enough time,” said Isaac Nussen, United Ventures president and CEO. “So they threw us off and then reviewed it. They had five comments and then they OK’d it and then we were back on.” A Delaware-based corporation, United Ventures’ product line includes an assortment of 14-karat gold jewelry with a newly added line of diamond, pearl and platinum jewelry. The company also has a research-and-development wing and a factory in Lima, Peru that produces much of its merchandise at reduced labor costs. Its re-listing on the OTCBB paves the way for United Ventures to surge ahead with its “strategic objectives that include acquisitions and joint ventures that work synergistically with our expectation of the expansion of our business through e-commerce and Internet marketing,” Nussen said. Part of the United Ventures’ marketing strategy is to seek out and capture niches within the jewelry market. The company developed a unique line of 14-karat gold and silver earrings, for example, for the over-40 demographic who prefer clip-back earrings to the more contemporary pierced variety, he said. Asked what some of the trends are in today’s jewelry industry, Nussen said, “Charms are going much better right now. Also we’re selling much more rings and a lot of silver and gold bracelets and earrings – not just silver and just gold but silver and gold mixed in combination. And also in rings, we have a lot of Swiss-cut rings that are selling very well.” The buoyant economy has favored the upper end of the market, in particular, Nussen said. There is a big market now, for example, for diamonds certified by the Gemelogical Institute of America priced at $10,000 to $15,000, he said. Like virtually every other business in the age of information technology, United Ventures has gotten on the Internet bandwagon and recently launched a web site. The company is seeking to align itself with major Internet marketing and advertising entities to increase brand awareness and drive traffic to its site. Shopping channels on TV currently account for more jewelry sales than retail stores, barely 10 years after making their debut on the airwaves, Nussen said. He predicted the Internet would have a similar impact on the industry. Besides offering merchandise at a lower price, the Internet also allows typically time-strapped Jewelry buyers to shop at their own leisure from their own living rooms, he added. Selling jewelry over the Internet, though, Nussen said, is still not that competitive relative to the potential size of the market. “There’s a lot of people (marketing jewelry) out there but only a small few of those have a serious web site that has a lot of merchandise, and the right merchandise that changes everyday,” he said. Stock Action Summary Price as of 7/31/00: $0.055, down $0.0125 Volume: 2,293,400 P/E: N/A 52-wk range: $0.0178 – $2.50 otcnn.com