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

To: Bidder who wrote (72428)	11/28/2000 11:52:13 AM
From: Joe Copia	Read Replies (1) \| Respond to of 150070

from the VITC 10q ITEM 1. LEGAL PROCEEDINGS The United States Securities and Exchange Commission is conducting a formal investigation of the Company, with which the Company's management is cooperating. The outcome of such investigation is not known at this time. The Company is not a party to any material pending legal proceedings and, to the best of its knowledge, no such action by or against the Company has been threatened. ITEM 2. CHANGES IN SECURITIES During the three months ended September 30, 2000 the Company issued 200,000 shares of restricted common stock to one individual for services rendered, which were valued at $100,000 or $.50 per share. These shares were issued pursuant to an exemption from registration under Section 4(2) of the Securities Act of 1933, as amended.