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To: lindao who wrote (82179)3/21/2001 8:28:54 PM
From: lindao  Respond to of 150070
 
Jim, did you see this news on SAEA
float=2.60 M Book value 2.04

TEMPE, Ariz.--(BUSINESS WIRE)--March 21, 2001--Strategia Corp.'s (OTC: SAEA) subsidiary, EnerGCorp. Inc., Wednesday announced that it consummated a contribution agreement with American Home Capital Corp.

("AHCC"), pursuant to which EnerGCorp. contributed to AHCC all of the shares of its wholly-owned subsidiary, Swiss Asset Management Inc.

In return for the contribution, EnerGCorp. received 1,695,654 shares of AHCC's common stock valued at $9 per share, and warrants to acquire up to an additional 500,000 shares of AHCC's common stock at a price of $10 per share, expiring two years after its date of issuance. The stock received in the exchange represents approximately 94 percent of the issued and outstanding stock of AHCC.

Prior to the transaction, AHCC affected a consolidation of its outstanding shares of common stock; sold two of its subsidiaries for $100,000 in cash and notes receivable; declared and paid a dividend following the consolidation consisting of a warrant to acquire three shares of its common stock for every 10 shares of common stock owned by the exercising shareholder at the time of exercise, at a price of $10 per share, expiring two years after its date of issuance.

EnerGCorp. Inc. is a subsidiary of Strategia Corp. Proprietary Industries Inc. owns approximately 97 percent of the issued and outstanding shares of common and preferred stock of Strategia. In a transaction that closed in December 2000, Proprietary exchanged its 95.6 percent ownership interest in EnerGCorp. for common and preferred shares of Strategia.

CONTACT:

Strategia Corp., Tempe

Michele Hughes, 480/966-4411

KEYWORD: ARIZONA