SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (90348)8/16/2001 1:11:30 PM
From: originunknown  Read Replies (2) | Respond to of 150070
 
AWESOME heads up Buckey!!!!! YOU da Man!!!!!!!! eom



To: Buckey who wrote (90348)8/16/2001 2:00:57 PM
From: Rctrader2  Respond to of 150070
 
Not Bad..but check this on SRGO-GREAT PR for a .001 stock...

(BSNS WIRE) Saratoga International Holdings Corp., dba FORTUNE CREDIT AND I
Saratoga International Holdings Corp., dba FORTUNE CREDIT AND INSURANCE
SERVICES INC. Announced the Commencement of Business in Texas, California and
Florida

Business Editors

KIRKLAND, Wash.--(BUSINESS WIRE)--Aug. 16, 2001--Saratoga
International Holdings Corp., dba FORTUNE CREDIT AND INSURANCE
SERVICES, (OTCBB:SRGO) announced today that the company has begun
sales operations in a select number of locations in Texas, California
and Florida.
Fortune, which is in the business of selling enhanced insurance
products, primarily annuities, and secured credit cards to the
maritime industry has hired over 200 commissioned sales
representatives to begin, what will be a planned, national roll out of
the company's products and services.
The insurance products include high yield annuities from the major
annuity providers in the country. Many states have updated the
insurance rules and now allow for the modern annuity to be sold as
alternatives to traditional "Whole life or paid-up" life policies.
Fortune's annuities can be delivered at competitive rates and tend to
have a higher yield to the consumer than traditional life policies.
The older generation, comprising the majority of people owning paid up
policies, benefit most because the new fixed rate of return tends to
be higher, sometimes significantly, than current policy returns.
The marketing opportunity for the company is significant due to
unique selling methods taught to its commission agents by Bill Dailey,
Manager of AgentsWanted.net, Inc. Mr. Dailey's success encompasses
over 35 years of experience in the direct selling of insurance. His
prowess as an agency executive will bring to the company successful
insurance sales professionals who recognize the opportunity to market
a new product with Bill as their manager.
The secured credit card market is significant for the company. The
target market is the foreign seaman who works for a foreign flag ship,
cruise ship or freighter, that regularly calls on a USA port. These
seamen send funds home utilizing wire transfer, which is very
expensive. The secured card will allow the same transfer for $1.50
versus $66 by Western Union. (The fee for a Western Union transfer of
$1,000 to Manila is $66). Millions of dollars are transferred each day
in the international marketplace. The introduction of the secured card
satisfies a visible need and provides a substantial business
opportunity for Fortune. Fred McGee, President and CEO of Fortune, has
considerable banking experience to go along with his business acumen.
Mr. McGee has significant contacts in the cruise line industry. The
credit card sales effort will be launched in the cruise line industry
in September.
Fortune will hold its annual meeting September 11, 2001. The
company plans to be fully operational September 1, 2001. Management
expects revenue to begin in September with breakeven forecast for the
second quarter of 2002.
For more information, please visit our web site at
www.FortuneCredit.com.

This press release contains forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities
Litigation Act of 1995. Expression of future goals and similar
expressions reflecting something other than historical fact involve
risks and uncertainties. The actual results the company achieves may
differ materially from any forward-looking statements due to such
risks and uncertainties. To find out more about the company's stock
logon to www.otcinfo.net.

--30--DS/se*

CONTACT: Saratoga International Holdings Corp.
Cory Weber, 888/878-9683
www.SaratogaHoldings.com

KEYWORD: WASHINGTON TEXAS CALIFORNIA FLORIDA
INDUSTRY KEYWORD: INSURANCE
SOURCE: Saratoga International Holdings Corp.

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com

*** end of story ***