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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (510)	2/22/2001 12:42:06 PM
From: John Powell	Read Replies (1) \| Respond to of 11802

Just an update on mine and Marco's pick - CPT.V According to the Feb 21 news below they now own 12.07 million shares of FTUT. FTUT just hit $2.375 - up 0.31. Doesn't take a Rocket Sci. to do this math. 12.07 million shares multiplied by FTUT's price of $2.375 multiplied by a US exchange rate of 1.50 = $43 million CDN. CPT has 13 million shares outstanding which means their holdings in FTUT are worth $3.40 a share. CPT is currently trading at 0.72. However this does not taking into account the value of their other two subsidiaries. Both of these subs. have been growing revenues at greater than 50%/year for several years and both are profitable. These include: IRIX is an Internet design and media firm with offices in US, Canada and Hong Kong. CIBT is a leading provider of online and traditional education in Asia. CIBT also mentioned a few months ago that they plan to list in the US and raise addition money. CPT is also well funded with several million in the till with no debt. According to the news last week SEG is currently in negotiation for a big deal to provide Direct Access Trading to investors around the world. Their last news release said negotiation will be done soon. This could be the push this stock needs to start the train. MINNEAPOLIS, Feb. 21 /PRNewswire/ -- Future Technologies, Inc. (OTC Bulletin Board: FTUT - news) today announced that, in exchange for 12,873,872 shares of its common stock, it has acquired 100% of the issued and outstanding shares of SE Global Equities, Inc. Following the closing of the transaction, there are 14,370,957 shares issued and outstanding in Future Technologies, Inc., of which 12,073,578, or 84%, are owned by Capital Alliance Group, Inc