To: Anthony@Pacific who wrote (61623 ) 10/27/2000 9:31:49 PM From: StockDung Respond to of 122087 It just makes me laugh everytime I read a stockreporter.de disclaimer-->"received a typical consideration for the whole package of 50,000 shares of common stock oj ONIN at $4.00,". The SEC did a poor job on the settlement. If it were me I would have made Stockreporter.de put this link in every press release they ever have: LR-16680: Torsten Prochnow d/b/a/ Stockreporter.de, Dennis C. Hass and World of Internet.com AG; September 6, 2000 sec.gov Stockreporter Announces Investment Opinion on Online Innovation: NEW YORK--(BUSINESS WIRE)--Oct. 26, 2000-- Stockreporter Issues Research Report On Online Innovation, Inc. (ONIN) With a $6 to $8 Share Price Target Over the Next 12 to 18 Months. Online Innovation, Inc. (OTC BB: ONIN) today was featured in a research report from Stockreporter, a leading European financial Internet publication located at stockreporter.de that specializes in the coverage of micro-cap stocks and undervalued companies. Stockreporter issued the report with a 12 to 18 month target price of $6 to $8 for Online Innovation, a dynamic web development company and creator of the first interactive dating and entertainment site, located at virtuallydating.com . "We believe that ONIN shares are significantly undervalued when viewed in light of the Company's expectation of achieving revenue within three quarters of full launch," explained Stockreporter's Torsten Prochnow. "Stockreporter believes that it is timely to consider investing in Online Innovation since the firm is completing a comprehensive beta test of its first database-driven website, VirtuallyDating.com. The official launch is planned for November 1, 2000, putting ONIN on schedule for positivE cash flow by the fall of 2001." VirtuallyDating.com provides an entertaining playground for singles, using the latest in Flash and Shockwave applications to create a fully interactive online meeting place for singles. The site is unique and has been highlighted by the media in the US and Europe for a number of its innovalive features. These include the site's creation of an environment where individuals can meet and be entertained without revealing their identities online. Members of the site use an avatar character to design their own online persona, which meets other VirtuallyDating.com subscribers within a group or a one-on-one setting through themed chat rooms, games and other situations. ONIN is initially positioning VirtuallyDating.com to target the estimated $1.2 billion American singles industry. The Company then intends to expand the concept globally, with localized versions to meet the unique needs and cultural attitudes of key European countries. Online Innovation also plans to launch a number of synergistic web-based entertainment and business websites to meet the needs of the explosive global Internet user base, thereby expanding the Company's web property portfolio. "ONIN's VirtuallyDating.com is a truly interactive web content and entertainment site designed to attract a portion of the 80 million singles in the US and the larger singles community worldwide," Prochnow added. "We note that the firm has a robust business model, which includes revenue streams from several sources. The Company is anticipating about $6 million of net income in the second fiscal year following the VirtuallyDating.com official launch. Stockreporter believes the Company's focus on profitability distinguishes Online Innovation from many of the publicly-traded Internet firms and creates strong opportunities for early investors." View the complete Stockreporter research report covering ONIN, prepared by Christina Skousen, Registered Investment Advisor, at www.stockreporter.de. DISCLAIMER For more information, see www.stockreporter.de. We maintain close contact with institutional and private investors. Please feel free to contact us with any inquiries or suggestions. Stockreporter, a service of World of Internet.com AG, is a leading European financial Internet publication located at www.stockreporter.de specializing in the coverage of micro-cap stocks and undervalued OTC and BB companies. Please read the complete Disclaimer and Discloser Statement at the web site. All statements are the opinion of Stockreporter, information is from sources believed reliable but cannot be guaranteed. Stockreporter personnel and associates may hold positions in securities mentioned and these positions may be increased or decreased in the future. Nothing contained herein shall be construed as a solicitation or offer to buy or sell securities or as investment advice. You are advised to obtain such advice from a qualified securities broker or investment advisor. Securities mentioned involve a very high degree of risk - please be sure to examine the company's financial statements and SEC filings (www.sec.gov) and perform other due-diligence. Stockreporter's parental company, World of Internet.com AG, was engaged by a third party to provide a package of investor relations services (e.g. consulting, technical chart analysis, board discussions, listings, production and dissemination of a research report, investor roadshows, etc.) and received a typical consideration for the whole package of 50,000 shares of common stock oj ONIN at $4.00, of which a certain amount compensates Stockreporter for dissemination of the research report and subsequent updates regarding ONIN CONTACT: Stockreporter, Hamburg/Germany Torsten Prochnow, 011-49-172-4031383 Dennis C. Hass, 011-49-172-4062621 contact@stockreporter.de TICKERS: OTCBB: ONIN KEYWORD: GERMANY INTERNATIONAL EUROPE