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To: TomNY who wrote (68225)10/24/2000 8:30:54 AM
From: Joe Copia  Respond to of 150070
 
SYTE
Sitestar Responds to Mothernature's Press Release


MONDAY, OCTOBER 23, 2000 10:11 PM
- BusinessWire

ENCINO, Calif., Oct 23, 2000 (BUSINESS:SYTE), an Internet holding company, today issued a response to Mothernature's (Nasdaq:MTHR) press release.

Sitestar withdrew its offer to acquire all of the outstanding shares of MTHR on Friday, after failing to gain management's support.

Offering further insight into the transaction, Clinton J. Sallee, Sitestar's president and chief executive officer, commented, "This has been a disheartening experience for us. First, we were unable to gain management's support for our offer. Now, that same management team is trying to re-write history by circulating misleading press releases."

Sallee continued, "From my initial correspondence with Mr. Barach in August, I have indicated my desire to gain management's support for our offer and was ready to execute a confidentiality agreement. Sadly, after weeks of delay, MTHR presented us with a document which, if executed, would jeopardize our shareholders because of the unusually onerous
clauses it contained.

"If Mothernature pledged their full support to our offer, and provided us with a standard confidentiality agreement we would re-engage the process immediately, since we are still eager to complete the transaction provided we receive management's support."

About Sitestar Corp.

Sitestar Corp. is a diversified Internet holding company that participates, through its wholly owned Web-based subsidiaries, in emerging segments of the Internet such as e-commerce, value-added content, ISP and Portal/Community.

Sitestar's wholly owned subsidiaries include Neocom Microspecialists, Sitestar.net, Soccersite.com, Greattools.com and Holland-American.com and has a minority equity investment in Qliq-On Corp. Sitestar corporate headquarters is located at 16133 Ventura Blvd., Suite 635, Encino, Calif. 91436. Telephone 818/981-4519. Facsimile 818/981-2658.

Additional information is available on the company's Web site at sitestar.com.

Statements regarding financial matters in this press release other than historical facts are
"forward-looking statements" within the meaning of Section 27A of the Securities Act of
1933, Section 21E of the Securities Exchange Act of 1934 and as that term is defined in the
Private Securities Litigation Reform Act of 1995. The company intends that such statements
about the company's future expectations, including future revenues and earnings, the
anticipated stock dividends and all other forward-looking statements be subject to the safe
harbors created thereby. Since these statements (future operational results and sales)
involve risks and uncertainties and are subject to change at any time, the company's actual
results may differ materially from expected results.

CONTACT: Sitestar Corp., Encino
Clinton J. Sallee, 818/981-4519
csallee@sitestar.com

URL: businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire. All rights reserved.



To: TomNY who wrote (68225)10/24/2000 8:32:58 AM
From: justmickey  Respond to of 150070
 
Yup.... I knew about this 2 months ago, but was constrained from discussing it. I have also refrained from any additional purchases as I had prior knowledge. Now that the news is out, I am no longer under any such restraint, not that it will do any good, as buying opportunities be be serverely limited in the near future. One piece of news that I can share with you all is that while DNAP has submitted for an OTC:BB listing, their actual intent is to be listed on the NASDAQ small cap within 120 days. Now, this sure sounds to me like they have other news pending which they know will drive the stock through the $4 barrier. As I am sitting on a ton of DNAP (over 400k shares), this would trouble me NOT!!!!

Mickey :o)



To: TomNY who wrote (68225)10/24/2000 8:54:11 AM
From: Theo  Read Replies (1) | Respond to of 150070
 
Without knowing the details of the " Other terms of the agreement were not disclosed." disclaimer, I still have to say that for ORCH to embrace the "pinky" DNAP is a huge milestone for DNAPrint. Of course, in reciprocation, ORCH has access to the "brain trust" that DNAP has put together as well. Although several RB posts/posters have begun postulating hypothetical outcomes with ORCH essentially taking control of DNAP via revenue or equity considerations, I personally see nothing wrong with either scenario from a shareholder stand point. Royalties or outright ownership- I, as a shareholder, still make money, but, I/we are getting WAY ahead of the program here as I suspect that ORCH is NOT the only entity looking at DNAP...:):) ORCH did not lash itself to a, as yet, non-reporting company- no, instead, as they put it, they purchased the option that gives them " the potential opportunity to partner with DNAPrint genomics," said Russell Granzow,..."

Huge potential here IMHO!
Theo;-)



To: TomNY who wrote (68225)10/24/2000 9:59:14 AM
From: StocksDATsoar  Respond to of 150070
 
WOW.....DNAP = ORCH = HUGE NEW!!!!!!!!

WEEEEEEEEEEEEEEEEEE!!!!!!!!!!

NOT A RECO TO BUY DNAP OR ORCH.....