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

To: Jim Bishop who wrote (65269)	9/27/2000 10:01:25 PM
From: Rob-Art	Read Replies (1) \| Respond to of 150070

SYMPHONY TELECOM INTERNATIONAL TO ACQUIRE NORTH AMERICAN GATEWAY Revenues: $50 Million USD Last Year, $138 Million USD Projected for This Year. TORONTO, CANADA, Sept. 27, 2000 - Symphony Telecom International, Inc. (OTC - BB: SYMY), announced the signing of an agreement to acquire North American Gateway, Inc. of Toronto, Canada and London, U.K. North American Gateway reported total audited Revenues of $275,960,000 (CDN), $184,900,000 (USD) for the past 3 years on mainly voice services with a growing base of revenues on a multi-services international backbone network. North American Gateway is an international telecommunications service provider based in Toronto, operating worldwide as a global "Carrier's Carrier" delivering long distance and data services to other telecommunications companies. The company has primary switching facilities in Toronto, NYC, and London, UK. Working with Nortel Networks (NYSE: NT), the company has been investing extensively in their network infrastructure. Remote facilities are being installed, or planned, in 30 countries to deliver voice and data services. As each remote facility is turned on, the company gains significant additional revenue and increased profitability. North American Gateway, Inc. has projected revenues of $138,000,000 (USD) for this fiscal year. Terms of the agreement were disclosed as $33 million USD for Symphony to acquire 57.24% of the outstanding shares of North American Gateway with cash and Preferred shares or notes of Symphony redeemable at various dates in the future with conversion rights into SYMY common shares at the equivalent of $10 per share. (Fully converted this would be a maximum of 2.2 million shares). All proceeds are to be utilized to finance North American Gateway's growth and business plan. The final closing terms are subject to audit. "This acquisition puts us substantially ahead of our initial projections" said Gilles A. Trahan, Chairman & CEO of Symphony Telecom International, Inc. "North American Gateway has relationships with telco's around the world, which will enable Symphony to enter into new markets internationally deploying its global data and voice services. We are very excited about our recent acquisitions, and anticipate announcing several other acquisitions and major developments just ahead." About Symphony Telecom International Inc. Symphony Telecom International, Inc. is a business to business telecom solutions provider dedicated to delivering the full power of the next generation global network to the desktop. Symphony Telecom International has positioned itself to become North America's first international Next-Generation Telco, leveraging emerging technology over the increasingly global and sophisticated high speed Internet that continues to evolve in quality and expand in size. Website: symphony.net Information in this press release contains "forward-looking statements.'' These statements involve risks and uncertainties that could cause actual results to differ materially. There is no assurance the above-described events will be completed. There can be no assurance of the ability of the company to achieve sales goals, obtain contracts or financing, consummate acquisitions or achieve profitability in the future. The above and additional factors are discussed in detail in the company's filings with the SEC. For More Information Contact: Alexander Grant & Associates Inc. PHONE: 407-804-0909 / FAX: 407-833-0046 160 International Parkway, Suite 250, Heathrow FL 32746 Gilles A. Trahan Chairman, C.E.O. Email: gtrahan@symphony.net Symphony Telecom International Inc. "The Sound Choice in Communications" Phone: 888-479-6746 / 416-366-5221. Fax 416 366-2245 Visit our website at: www.symphony.net

To: Jim Bishop who wrote (65269)	9/27/2000 10:13:38 PM
From: wgmnoris	Read Replies (1) \| Respond to of 150070

CCAA: JB. You did notice that StockPatrol.com, (Ktee on RB) which had posted some pretty bad things about CCAA (lots of questions about everything) had also questioned buying YNOT when it was at $1 on November 15th. I certainly like that! From what I could see from reviewing their published positions they either were bashing something that was nearing freefall or in freefall or bashing something before it took off. Sorta made me want to bookmark that site and do the exact opposite on stocks which had been pretty stable of what they were suggesting! :) GC GC GC. BTW Ktee got axed from RB for SPAMMING it appears. Glad I TOS'd him! That will teach him to badmouth CCAA.

To: Jim Bishop who wrote (65269)	9/27/2000 11:29:33 PM
From: CIMA	Read Replies (2) \| Respond to of 150070

CPT.V - This looks interesting, have a little in my RRSP: Captial Alliance's SEG to merge with Comet Technologies Capital Alliance Group Inc CPT Shares issued 6,158,674 Sep 27 close $1.19 Wed 27 Sept 2000 News Release Mr. Toby Chu reports SE Global Equities Company Limited (SEG, a subsidiary of Capital Alliance Group Inc.) and Comet Technologies, Inc., have signed a letter of intent outlining a proposed merger between the two companies. Comet is a fully reporting company, which is listed on the NASD OTC Bulletin Board. SEG is a premier financial Internet portal, which enables investors to trade stocks on-line, 24 hours a day, at discounted rates on stock exchanges around the globe. SEG is building a network of over 100 reputable brokerage firms, which will provide investors with direct access to over 50 of the world's established and emerging stock exchanges. SEG has received strong interest from the international investment community for the creation of a public market for its shares. Gaining a U.S. listing through the merger with Comet, anticipated to take place during the last quarter of 2000, will significantly enhance SEG's efforts to broaden its international investor base and accelerate its plans for a further listing on other senior U.S. and Asian exchanges. To date SEG has received paid in capital of over $5-million (U.S.) and is currently in the process of completing additional private placements. SEG will vend all of its assets into the new merged company. Following this U.S. listing, the merged company intends to obtain a dual listing in Hong Kong during the first quarter of 2001, followed by a further listing in Europe. Prior to its commencement of trading in Asia, the new company will seek to raise additional capital for its operations through SEG's sponsors -- Tai Fook and ICEA Capital Limited. Tai Fook is one of the top securities brokerage firms in Hong Kong. ICEA Capital Limited is a subsidiary of Industrial Commercial Bank of China, the largest bank in China with 36,000 branches. In 1998, ICEA was ranked as the third largest bank in the world. This new U.S. listing will be an important first step in a co-ordinated effort to create liquidity in the North American equities market, followed by Asian and European markets. Prior to the merger, Comet will recapitalize so that following the merger the total issued and outstanding shares of the new company will be approximately 11.9 million shares. At that time Capital Alliance Group will hold approximately 9.5 million of these shares. SEG will also appoint eight directors to the board replacing all of Comet's existing board. Mr. Toby Chu, SEG's president and chief executive officer, states: "We are excited about what this merger does for us in accelerating our plans for creating a public market in North America, Asia and Europe for SEG. Immediately following this merger, we will commence the process for advancing to a senior U.S. exchange. Given the feedback we have received from our initial institutional presentations, we believe that by taking SEG public now it will allow us to capitalize on the opportunities before us and to accelerate the process of enhancing shareholder value." This merger is subject to due diligence review by both parties, the negotiation and execution of definitive agreements, and approval of SEG's and Comet's boards of directors and shareholders, if necessary, as well as the applicable Canadian and U.S. regulatory agencies. (c) Copyright 2000 Canjex Publishing Ltd. stockwatch.com