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

To: Buckey who wrote (95268)	10/31/2001 1:38:43 PM
From: The Osprey	Read Replies (1) \| Respond to of 150070

In NXCD at .96 for the first bite.....may go lower from here but should turn then.

To: Buckey who wrote (95268)	11/1/2001 8:38:13 AM
From: Joe Copia	Respond to of 150070

TORONTO, Nov 1, 2001 /PRNewswire via COMTEX/ -- ThermoElastic Technologies, Inc. (OTC Bulletin Board: TMRO) announces the acquisition of an 70% interest in the privately held telecommunications company, Smartnet International, Inc. in an all stock transaction with a commitment for future funding. Florida-based Smartnet operates its own links with Moscow, 22 other cities in Russia, Riyadh and Saudi Arabia, is developing its own domestic and international networks, has a presence in the major international communications centers of Hong Kong, New York and London and is a reseller of long distance telecommunication services to high volume long distance corporate users, wholesalers and phone card operators. It will retain its current management and operate as a subsidiary of TMRO. Smartnet currently has long distance contracts with the following long distance users and providers: Unilink, VCI, Canquest, Globe Line, NEF, Line Communications, Omega Point, Oleg Russia. George Osterbauer, CEO of TMRO said, "This acquisition favorably impacts TMRO through the immediate generation of revenue to supplement the future revenues to be generated by the BITEM and DISIFIN lines. It's a great deal for us. Smartnet with its existing customer base and its anticipated International Business Partnerships has the potential to grow its revenue to $9,000,000 to $13,000,000 over the next 12 months, rapidly building value for our shareholders." (This news release includes statements that may constitute forward-looking statements under the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are necessary estimates reflecting the best judgment of the party making such statements based upon current information and involve a number of risks and uncertainties. Forward-looking statements contained in this press release or in other public statements of ThermoElastic Technologies, Inc. should be considered in light of those factors. Although ThermoElastic Technologies, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be met.) For more information on ThermoElastic Technologies, Inc., BITEM, DISIFIN HARD SURFACE DISIFECTING PRODUCTS AND OIL CLEAN 2000 OIL DECONTAMINATION AGENT, go to thermoelastictech.com, e mail the Company at info@thermoelastictech.com, contact Investor Relations at 888-910-2323 or call George Osterbauer at ThermoElastic, 416-934-9734.