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

To: bbgold who wrote (85207)	5/28/2001 5:19:29 PM
From: Kevin Clarke	Read Replies (2) \| Respond to of 150070

*ALL RUMORS ASIDE* FBNI, IMO is ready for a turn around, they have been in debt for some time, and the reason they have been on such a decline IMO, is that the bashers and shorters, have continually used these pieces of information to send the stock plummeting. ragingbull.lycos.com biz.yahoo.com biz.yahoo.com But now all that will hopefully change, due to this: On April 6, 2001 Legend Communications of Wyoming, LLC the owner of multiple radio stations, and F2 Broadcast Network Inc signed final documents for Legend Communications' acquisition of KGWY in Gillette, Wyoming for $1.9 million, including land, building, antennae, and licensing. Of the $1.9 million, $570,000 is in the form of a note receivable and approximately $500,000 will be used to pay existing debt related to the radio assets. The parties have executed the definitive sales agreement, and pending FCC approval is expected within the next few days. The company believes that this cash infusion, which along with the pending sale of "The Comedy Works" comedy club leaves the company virtually debt free, and allows F2 to pursue its core competence in Internet Video Production, web-casting, and software development. biz.yahoo.com Here are the filings of the deal above that are waiting for the FCC approval, that could come any day now. svartifoss2.fcc.gov This is also something that IMO, needs to be kept in mind. The company has totally streamlined its plans to focus on this core competency which can create immediate revenue. biz.yahoo.com then this E-mercials: F2 Broadcast has been engaged by several of the largest golf equipment manufacturers in the industry to produce Internet-based commercials <em>We have yet to hear about those possible deals </em> biz.yahoo.com This most likely is just the start of FBNI's new ventures, I would venture to say that others are just starting to look at FBNI and wondering if they can utilize FBNI's technology in their business, just imagine all the new business contacts FBNIs management have met while working with the PGA across the country and world. ragingbull.lycos.com The Internet Broadcast division is expected to post estimated revenue of $195,000, up from $9,030 in the same period for the previous year. Expenses for this division are estimated to be $180,000, down from $503,000 for the same period in the previous year. The projected revenue and expenses is based on accrued advertising, sponsorship and video production that has been contracted, delivered, and/or collected. ``While we are extremely optimistic with what we expect the first quarter 2001 revenue results to be, it is still the sale of the Radio and Live Entertainment assets that will permit us to pay off our debt and forge ahead with a significantly stronger net asset base, and concentrate on our core business model,'' said Howard Stern, CEO of F2 Broadcast. biz.yahoo.com

To: bbgold who wrote (85207)	5/28/2001 6:00:53 PM
From: dkgross	Read Replies (1) \| Respond to of 150070

I like WTAI for exactly the long term reasons you mention. I love the concept of selling a car FACTORY to a country, and letting them hire locals to run it and build cars for themselves. I'm definetly in WTAI for the long term. d

To: bbgold who wrote (85207)	5/28/2001 6:36:56 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

WTAI need impact date in news or filing for the List bb. Come up with that, and it's a candidate....thanks.

To: bbgold who wrote (85207)	5/28/2001 6:36:56 PM
From: Jim Bishop	Respond to of 150070

WTAI need impact date in news or filing for the List bb. Come up with that, and it's a candidate....thanks.

To: bbgold who wrote (85207)	6/3/2001 12:00:05 PM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

This guy on RB provides no link to the source for the following article....but FWIW on WTAI: ragingbull.lycos.com Federal indictment names four others By H.G. Meyer May 31, 2001 An El Cajon couple and four others fleeced investors around the country of more than $46 million, according to a federal indictment unsealed yesterday. Susan and Charles Browne, a wife and husband listed as officers of Alliance Leasing Corp. of San Diego, were arraigned in federal court. Bail was set at $50,000 apiece. They remained in custody last night, said Assistant U.S. Attorney Daniel Butcher. The Brownes and four associates based in Florida and Alabama are accused of promising Alliance investors returns of 28 percent to 32 percent through profits from an equipment leasing business they ran from November 1997 to October 1998. The indictment alleges that Alliance pledged to use 90 percent of its capital on equipment leasing, but it used 40 percent on fees and commissions. The attorneys for Susan and Charles Browne could not be reached last night. Susan Browne, 49, and Charles Browne, 59, have a history of securities violations that they illegally concealed from investors, the indictment states. Wisconsin blocked Susan Browne from selling unregistered securities in 1995, and a California Superior Court blocked Susan and Charles Browne from selling securities in 1995, Butcher said. David Halsey, Braccus Giavanno and Laurence Leafer of Florida and Jonathan Lang of Alabama are expected to surrender in San Diego next week, Butcher said. Susan and Charles Browne now work at World Transport Authority, a publicly listed company, said Butcher. According to filings with the U.S. Securities and Exchange Commission, the company is an automobile manufacturing concern based in El Cajon.