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To: Chuca Marsh who wrote (11)8/3/2001 9:01:57 AM
From: joepcf  Read Replies (1) | Respond to of 208
 
This came out last night on CISI....

CISI is probably the lowest priced company we have profiled at just .017 x .018. However at the same time we feel this can easily receive the same attention and price appreciation as seen in USXP over the last couple of days. USXP ran from .02 to .30 in just a couple of days on news of a settlement in their favor of $389 million and they probably will not be able to collect the first bit of it.

CISI in just the last 3 months has gone through a major reorganization.

1. File a new business plan and LOI to acquire Sovereign Resources.
2. Appoint a new president with a stellar record of accomplishments.
3. File to change name to Resources of America and symbol change.
4. Appoint 3 new members to the advisory board that are all very well respected in
the industry.

We feel this is just the beginning of greater things to come. It is easy to see with the recent appointments and actions taken by CISI, that they are determined to become a significant player in the mining industry, or very possibly position themselves so that they may become a takeover candidate. CISI is a completely different company now with a different focus. We strongly encourage our investors to read through the recent news releases and look at the significant amount of progress made in such a short period of time. CISI is moving forward at a rapid pace and we fully expect to have plenty of news from the company updating us on current business developments.

It appears to us others are starting to take notice as the stock seems to be forming a new base here in the .02's with increased volume. Judging by the trading volume, which is relatively low, we still feel this is a much-undiscovered company. For these reasons we are very excited about CISI and its potential. With increased awareness and ongoing news we are looking for much higher levels in the very near future....

Outstanding Shares - 65 Million

Float - 35 Million

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To: Chuca Marsh who wrote (11)8/3/2001 11:16:39 AM
From: Evan  Respond to of 208
 
The new guy has balls and seems straight :-)

CIS.com Announces That It has Terminated Its Consulting Agreement With Michael J. Skopos
MIAMI--(BUSINESS WIRE)--Aug. 3, 2001--CIS.com Inc. (OTC:CISI - news) announces that, effective immediately, the Company has terminated the previously-announced consulting agreement with Michael J. Skopos. This decision was made following the receipt of previously-undisclosed information regarding Mr. Skopos' prior involvement with Sky Scientific, Inc.
CIS.com would like to thank those shareholders and other concerned parties who brought this matter to the Company's attention.

Although CIS.com conducted a pre-employment screening, neither Mr. Skopos nor any of his references disclosed the Securities & Exchange Commission's (``SEC'') investigation or the serious nature of the SEC's findings regarding Sky Scientific, Inc., with whom Mr. Skopos was employed as Chief Geologist and Project Manager between March 1992 and November 1994 (for the complete text of the SEC decision regarding Sky Scientific, Inc., please see: sec.gov.

Said Allen Smith, CIS.com's President, ``subsequent to yesterday morning's announcement regarding Mr. Skopos, we received information from a number of sources regarding an SEC investigation of Sky Scientific, Inc. and Mr. Skopos' role with that company which had not previously been disclosed to us. CISI is very close to completing the Sovereign Resources acquisition, and the assets owned by Sovereign are too substantial for there to be any doubts whatsoever regarding any member of our team.''

In closing, Allen Smith stated that, ``Quite honestly, we made a mistake. However, as President, I am committed to building an entirely new company, and hope that the Board's immediate response to this matter will assure investors that all CISI officers, directors and consultants must have spotless records and impeccable credentials as a precondition of employment and association with our Company.''

ON BEHALF OF THE BOARD

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the ``Act''). In particular, when used in the proceeding discussion, the words ``plan'', ``confident that'', ``believe'', ``expect'', or ``intend to'' and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components for, and delays in the start of production, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financing and other risks described in the company's SEC reports and filing.

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