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.
Pastimes : The truth about SI and IHUB -- Ignore unavailable to you. Want to Upgrade?


To: Joe Lyddon who wrote (11)6/1/2003 11:39:03 PM
From: StockDung  Read Replies (1) | Respond to of 124
 
iTS RIGHT HERE Subject 26518

MATTS HYPE THREAD ON SI. MATT ONCE WROTE A REPORT ON ECCONECT. I THINK HE GOT MAD BECAUSE THE TREE TRIMMERS REPORT WAS BETTER

Club Fatt! OTC BB - Stock Profiled - eConnect (OTCBB: ECNC)http://web.archive.org/web/19991128124842/http://www.clubfatt.com/
INVESTMENT RESEARCH EMAIL REPORT

Stock Profiled - eConnect (OTCBB: ECNC)

Email sent to Members on 8/2/99

Here is the DD that has been supplied by Club Fatt! Research Team Member,
Jorjenzak.

All filings for BETT and ECNC can be found at -
web.archive.org

Here are some excerpts and links on DD on ECNC....formerly known as BETT:

Link to the DD Warehouse on ECNC....200+ DD posts, opinions, PR's, etc.
for a quick intro to the company's past up to present -
web.archive.org.

Link to the current active ECNC SI Thread -
web.archive.org.
The regulars on the thread are ocmayor, scoobey-do, Lord Ernie, Fli-by,
Ron P. Margrapf, Manny the Ranger, Mark Richter, Stevek, DaiTN, scouser,
longtom, myself and a host of others I can't remember off the top of my
head. Sorry if I left anyone out. Also a GALAXY of lurkers who post
occasionally and those who never post but often e-mail me about the
thread....usually to brag on us!

Link to the original BETT (now ECNC) SI Thread...where we all got started!
web.archive.org.

In my own words: ECNC is a same as cash transaction facilitation company,
with its focus on everyday consumer transactions and an eye on also making
money on wagering. It was originally called Bettting, Inc. (BETT) and was
a Missouri corp. that was originally known as Legoons which was a clothing
company. Tom Hughes is the CEO, man with the vision and driving force
behind it all. What a guy! What a worker! He now has a team of
professionals helping diversify and grow the company and it is set to TAKE
OFF! I see this mode of transaction facilItation as having the same impact
on our society as credit cards and more recently ATM's and debit cards. It
WILL be the way we do business in the future.

**Dated 5/2/99 (Author is Sir Lancelot....known as Stevek on SI)

BETT is a company beginning to really come of age and define
itself. Outstanding shares are around 11Mil. Trading float is around
5.5Mil. Those numbers are from the company as recent as last week. They are
a fully reporting company with all their SEC papers filed on time.
Something most BB's rarely do.

BETT is positioning itself to become a big player in the global on-line
gaming industry. They already have revenues from their on-line
casino(777WINS subsidiary)with those revenues projected to triple by the
next QTR. They have also just opened their new esportsbook-for on-line
betting of all major sports(another revenue maker),and their BIG
project-the PERFECT wagering system.

BETT is positioning itself to generate revenues from it's own gaming
company(and others as well)holdings by routing the PERFECT gaming wagers
to their competitors for a small(2-6%)service fee. These service fees will
start adding up quickly as the transactions continue. This is called
TSP(transaction service processing). On-line gaming analysts estimate that
these transactions alone by 2002 will add up to 200 billion.

BETT is designing their TSP business to capture 40% of that exploding
market. That my friend, is a lot of money. Every transaction throughout the
world that uses BETT's PERFECT wagering system of cash/credit will
increase BETT's revenues and profits. The numbers could be staggering from
the TSP revenues, not to mention the casino, and on-line sports book
revenues.

In their last press release, BETT estimated their earnings per share for
next year to be between 10-20 cents-and that is conservative at this point
in time. I believe the management is very sharp and aggressive. They are
shareholder friendly-they keep us updated regularly. And they are very
receptive to questions.

There will be a shareholder's meeting soon in Las Vegas. (May 5, 1999
Alexis Park from 9am to 1pm) They needed to reschedule the last one(in
early April),and they offered to reimburse any shareholders for the
difference in plane fare reservations made earlier. How many companies do
that? Not many my friend.

Read their press releases(on Yahoo or Business Wire),check their trading
charts, and do your research. I don't think you'll be disappointed. If you
are, then don't buy. Look at how BETT is valued compared to GGNC or SNMM. I
hear there will be big news in a few weeks as well. If it's what I believe
it is, the stock price should respond even more than of late. I believe we
could see $3-5 by the Fall(maybe earlier),and next year BETT should really
go places(I believe 10-20 is possible next year). Many investors I know
are and have been taking positions in the stock for the long term. I guess
they agree with me.

If you subscribe to Silicon Investor message boards,then you should really
check out the BETT board there-some very sharp investors that know the
company and are in touch with the CEO on occasion. The Raging Bull message
board is good too. <eom>

**Most recent news post (8/1) from Tom Hughes (CEO of ECNC) by way of the
one and only Scoobey!

Update:

We will be releasing a comprehensive press release on Monday. Check out
web.archive.org. I will be interviewed in mid August and
will show a live demonstration of Same-as-Cash TM payment across the
Internet by ATM card and PIN. Our Same-as-Cash service will then be
marketed to the Internet merchants as a method to receive either Internet
ATM card with PIN payments or far more secure Credit card payments as they
will now be card read by a card reader before being sent as payment.

Emerging Companies reaches over 200 cable stations and has been in
business for over 3 years. You can watch live television programs on the
web site which means that Lord Ernie and his people in Belgium will be
able to see eConnect and our business progress.

The catalog products from a well known catalog whose name still has to be
kept quiet as we work out the press release, is now being loaded into our
Host which will then download the inventory into our EzyShopper units. The
EzyShopper will then be deployed for no cost to high traffic locations
where people are waiting. As stated previously, we are focused on the
SouthBay of LA for the rest of 1999.

Jim Wexler is confident that the eSportsbet.com web site will be ready by
no later than August 14 and as early as August 9. This will substantially
increase our business as we will now have both staff answered over the
phone business plus Internet business.

777WINS will be releasing a new marketing campaign in August and will
aggressively be targeting banner ads on high traffic sites.

GO ECNC

Tom

**ECNC commercial can be viewed here using these instructions:
web.archive.org.

**Link to a post I copied with more current analysis of ECNC (not that I
totally agree with and and don't endorse it but some good info here) and
includes some of my FAVORITE excerpts from the last 10K:
web.archive.org.

**Link to info from Tom on Ezyshop:
web.archive.org.

**Link to another great update from Tom on PERFECT and more:
web.archive.org.

**Link to PR where company announces it is paying off the Canadian
debenture before conversion and sending the shorters packing:
web.archive.org.

**Link to an early post regarding a quick picture of the company at that
time, note the company is now out of Nevada, is no primarily focused on
wagering but has refocused on servicing all kinds of transactions:
web.archive.org.

**Link to early business plan of the company....technology remains the
same and potential is huge but focus has shifted away from concentration
on wagering, and they do have competition now but NO ONE is up to speed
with ECNC!!! web.archive.org.

**Link to page two of that business plan:
web.archive.org.

**Link to the rest of the business plan:
web.archive.org.

**Link to text of speech by Tom Hughes in London, England a year or so
ago: web.archive.org.

**Link to the rest of the speech:
web.archive.org.

**Link to Tom's background from Tom himself:
web.archive.org.
------

That was the research provided by Jorjenzak. Here was the post I made
regarding what could really happen here...

***http://web.archive.org/web/19991128124842/http://www.techsto...

Something that has been bugging me ever since Lynn Goodman mentioned it,
along with Gary Hill, is finding that one leader in an industry that is up
and coming. The one that has the balls to try something.

I think ECNC is one of these type. I was sitting there thinking, how can
ECNC be a leader. I was stuck on this stuff about the sportsbetting, which
is really great, but I know it isn't the core. Basically, I don't care
about it or 777wins.com beyond being cash cows. I think they should sell
eventually. They will not do any good but provide an experiment ground and
provide cash. AFter they get this transation (PERFECT) off the ground,
they will be of no use.

Anyways, back to the leader stuff. Do you recall us being in GOCA? I
remember reading an article about the gov't or industry c racking down on
CHARGE CARDS being maxed out and causing people problems. Sure, VISA makes
money here (well, if they pay), but not always. What if they go bankrupt
from it!! But ECNC might be the key to the gov't cracking down on this
crap. (I hate gambling personally--the slots and cards) What it looks like
is ECNC gets a fee from this PERFECT technology when used. VISA gets 3% of
every sale I beleive by using their cards. This might be what ECNC gets.
But ECNC doesn't use credit. It all links back to an ATM account. It's
like a cash account in the stock market. you can't spend more than you
have. If the gaming industry gets bad enough, this could be the key to
keep it alive. Use only what you got. It would make the die-hard happy
too, because they would be limited!

Now, I know gambling isn't their only industry, but they apparently share
the same vision I do becasue they have acquired the 777wins.com casino. I
bet they use this as a cash cow and a testing ground. Very smart. (I'm
calling them smart, but I don't know for sure! LOL)

This is what gives them the edge and makes them a leader. They have a new
technology that I have never seen before and could DRAMATICALLY help out
an industry. I don't know how the structure works, whether it be % of
sales or an upfront licenssing fee or what...But either way, they can make
it big with it all.

Filings look good. I was just confused on all of the name changing and the
jurisdiction changing and all that BS. It's all good now and going out to
the Club.

FM
-----

I obviously think the stock has a lot of potential. The company is taking
its time to do everything right and getting all of the ducks lined up. I
like that in a company!

There is supposed to be a site launched this week. I doubt people will
really sell into this. If so, it will only allow us to pick up shares
cheaper! Might be smart to wait and see what happens at the bell.

The stock could go wild. It's only a matter of time. I think this is one
of those rare stocks that just might be able to be considered an
investment and not a trade. I could be proven wrong on this. Either way,
I see potential to make money here.

There was only one concern I had about the sports betting side, but it
appears to be a non-event and I am trust my team of researchers on this
one....

This will be the first pick since the cappage of the list...We are now
PRIVATE! Whoo hoo!

Best Regards and Good Luck in whatever you decide!

Fatt Matt

Email - mrfattmatt@hotmail.com web.archive.org. - Club Fatt! Thread web.archive.org
web.archive.org. (Please read before closing this window!)

© 1999 Club Fatt!



To: Joe Lyddon who wrote (11)6/1/2003 11:45:18 PM
From: StockDung  Read Replies (1) | Respond to of 124
 
How about Matt Browns report Go Call, Inc which featured penny stock securities recidivist and murderer Edward Williamson.

EVEN AFTER I TOLD MATT ABOUT EDWARD WILLIAMSONS LONG LIST OF SECURITIES STOCK SCAMS MATT CONTINUED TO HYPE IT.

"Club Fatt! is continuing to meet its high standards and goals"

INDEED!!!
thetimesharebeat.com
and a few other penny stock crooks sec.gov
----------------------------------
INVESTMENT RESEARCH REPORT

Club Fatt! is continuing to meet its high standards and goals by bringing to the table a newly-discovered and undervalued company. Club Fatt! is doing this research report in order to help all investors get a very clear understanding of the many goals and assets of this great company. Club Fatt! is proud to announce to its extensive database of research reports, Go Call, Inc. (OTC BB: GOCA).

Go Call, Inc. is a diversified Internet/Telecom company that has generated substantial internal growth and has recently started making strategic acquisitions to broaden its products and services in order to stay one step ahead of the competition. The company has a broad-based product line that includes an internet banner advertising company, an on-line casino and internet search engine with a minor presence in pagers, and pre-paid calling cards. From the beginning, the company has recognized the growth potential of the Internet and has wisely broadened its product line of Internet services to include an on-line casino and cyber cafes. The company is in the process of developing and distributing Internet Kiosks that will include online access and an ATM machine in one unit. The company has an incredible management team to lead them in their future growth. Some of the incredible results of management's decisions can already be seen in the growth numbers contained in the recent press releases. There is no doubt that Go Call, Inc. will be a major player to contend with in this incredible online market.

Products and Services

Go Casino

web.archive.org

Go Casino is currently the division of their company that they are placing their main focus on. This is the cornerstone of the Company that will be producing nearly 75% of the revenues and profits.

Since opening its doors on September 11, 1998, Go Casino has been exceeding both company expectations and industry model-based projections. This continued growth will provide substantial cash flow to expand the current products offered and offer cash-on-hand to provide the capital to fund other future Internet ventures.

The casino is housed in an offshore server, which provides legal and tax benefits. They are fully exploiting this debt-free resort by offering free vacations to the winners of different promotions on the Go Casino website. Being offshore allows the casino to operate outside the control of the various state governments seeking to regulate the on-line casino industry.

The Company is also marketing the casino very well. They are using their recently acquired Banner Network system to target their audiences. The website is also giving away a free Caribbean vacation and $50 FREE to people who sign up. The money is theirs to spend on any of the games at the casino. The money give-away is a very smart move, because just like a regular casino, people get hooked and will feed the machines to no end, thus resulting in very high wagering revenues and profits.

By coupling low-maintenance software and servers offshore, Go Casino, is able to employ a reduced number of employees and produce significantly higher profit margins than many of its competitors in the industry.

According to a market analyst report, online gambling revenues in 1998 were estimated at $535 million. The revenues for 1999 and 2000 are expected to be rising to $955 million in 1999 and $2.3 billion by 2000. The report also claims: ''Online gambling turnovers have the potential to dwarf those of other interactive services, tapping into an existing traditional gambling market valued at over $700 billion in Europe and the U.S. alone.'' --CNN This is a huge market for Go Casino to target and by visiting the website, you will see that they are already preparing to go at the European market. They currently have the casino translated into English, Spanish, German, and French.

Here is a chart of the growth of wagering revenues at Go Casino from September 1998 to April 1999:

Go Banner Ad

web.archive.org

Go Banner Ad is the other main division of the company that is receiving a lot of attention. This is the part of the

company that is experiencing the second highest rate of growth.

Go Banner Ad provides advertising services on the Internet using graphics banners as the advertising media. These are the ads that you see at the top and bottom of various web pages. They are advertisements for companies that receive millions and millions of page views. They are much more effective than Yellow Pages or other forms of advertisements, because they target so many people so quickly. This is the same market that CMGI is in.

This division of the company is seeing an excellent growth rate too. It is currently still developing, but has already seen a huge demand for its products. Having this service in-house also helps in the promotion of their other divisions, including the casinos.

Banner Ad specializes in Target Audience Marketing (TAM) through banner placement on specifically targeted Internet web sites. This means that when a client has special need or a defined target audience, Go Banner Ad can customize its database and ads to meet the demand. This is a very effective method of advertising.

Indexus™ Internet Search Engine

web.archive.org

Indexus is another interesting division of Go Call, Inc. The site is still under construction because it is still in its embryonic stages. This is a service that will search the Internet or a particular geographic region for the best prices and service on any product that a consumer might be looking for.

Revenues for the site will be driven mainly by ads placed on the site by various vendors. Revenues could also be increased or derived by using an affiliate system, where Go Call, Inc. receives compensation for every order that is made at a vendor's website that was caused by a consumer using the Indexus system.

Many companies such as Dell, Amazon.com, and CDNOW use affiliate systems to drive traffic and business to their sites, and in return, compensating the site that drove the business there. Management is currently seeking out the best route to take to fully exploit this powerful price comparison engine.

Go Banner Ad.com and INDEXUS™ Internet Search Engine will further complement the GoCasino.com by duplicating the same formula that was successfully introduced decades ago in the hotels of Las Vegas: surround the casino with unique and innovative ancillary products and services associated with familiar high-end designer and retail names. The INDEXUS™ network will be linked to the casino and the products marketed within the site will duplicate products seen in shops that surround the casinos in Las Vegas.

Go Call Pre-Paid Calling Cards

Pre-paid calling cards made their entrance into the United States market in 1990 with sales of $30 million. By 1992, annual sales were in excess of $300 million, and in 1997, exceeded $2.1 billion.

The Canadian market however, has lagged behind this overwhelming growth spurt and only in the past year has prepaid calling cards gained acceptance and a growing popularity in Canada. Franchised convenience stores such as 7-Eleven now carry a self-branded calling card and various locations retail Bell Canada's "Quick Change" and "Hello!" cards. The "Hello!" card offers long- distance calling to anywhere in Canada for $1.00 per minute (compared to Go Call Inc.'s rate of $0.49 per minute to anywhere in Canada or the U.S.). The cards can have such low rates because of an international hub of the Company called Go Phone. This provides the carrier service through multiple alliances.

Calling cards are also becoming increasingly popular as collector's items and there are currently a number of magazines and clubs around the world for calling card collectors. This collector's market shows signs of continued strong growth.

Go Call, Inc. realizes that distribution is the key and is using its agreement with the Korean Businessmen’s Association, which has over 4500 convenience stores across Canada, to establish a distribution channel that industry experts had given an appraised value of $10.1 million. A similar distribution network is being explored through the contract with National KAGRO and its 35,000 affiliated stores.

Also in association with the telecommunications division of Go Call, Inc., the Go ForeverPage (paging services) has entered into the rapidly expanding paging market through its alliance with Source One Wireless and their "Calling Party Pays" technology, which features a program with no monthly paging fees. Initially, GOCA.com will merchandise the GoForeverPage service through the KAGRO network of over 35,000 stores.

Go Internet Kiosks

With the introduction of Internet Kiosks to the world by Go Call, Inc., a lot of ground is being broken going into the 21st century in relevance to technology.

Internet Kiosks are little "stations" that a consumer can sit down at and access the Internet or their ATM bank account. These kiosks are very easy to use and have a target audience of the whole world. When a consumer steps up to one, they simply insert their ATM card or a credit card and instantly have access to anything they desire. These can be considered the "Convenience Stores of the 21st Century."

Go Call, Inc. will realize direct revenue from three specific areas: through a per minute Internet access fee, by selling onscreen advertising space, and by selling kiosk hardware and software packages to interested vendors and collecting a usage royalty.

The initial placement of the kiosks is targeted within the 35,000 convenience stores under contract with National KAGRO. Beta testing of these kiosks will begin in early 1999 in New York, Los Angeles and Toronto with full deployment scheduled for the summer of 1999.

Go Internet

Amazingly enough, Go Call, Inc. has yet another division that pertains to the Internet. Not only do they provide all of these explosive services on the Internet, they are even an Internet Service Provider (ISP). This division of the company provides a dependable, low-cost solution to getting on the Internet for business and home users alike.

The keys that make Go Internet succeed are:

The industry's best line-to- user ratio
Superior Internet connectivity (Go Internet is hooked directly to the Internet back-bone)
Explosive market growth
Expertise of technical staff
Low overhead resulting in high profit margins

Fundamentals of the Company

Go Call, Inc. (OTC BB: GOCA)

Share structure for GOCA

Stock Exchange
NASD OTC Bulletin Board

Shares Outstanding
19,453,979

Insider Holdings
14,316,929

Public Float
5,137,050

Auditors: Collins Barrow (a Moores Rowland affiliate)

Bank: Bank of Nova Scotia, Ontario, Canada

Transfer Agent: Interwest Transfer Company inc., Salt Lake City, Utah

Legal Counsel: Spinelli & Associates, 120 Wall St., 28th Floor New York, NY USA

State of Registration: Delaware, U.S.A.

Major Assets: Cash- $2,556,356, Resort Hotel in the Dominican Republic, Offices in Canada

Liabilities: $419,550 as of Dec. 31, 1998. (Virtually nothing!)

Go Call, Inc. will soon become a reporting company after the SEC is done reviewing the financial audits.

Management Team

This has been the key to Go Call, Inc.'s success thus far. They have an incredible lineup that you don't find in many other companies on the OTC market. This is the main reason that this stock has aroused our interest and the interest of many others in the investing community.

These guys are a highly-motivated management team with a focus on exponential growth. Go Call, Inc. has recently added a few key members to the management team from around the world. This adds a great value to the overall future of Go Call, Inc.

For a complete listing of the management team, their history, and their goals for Go Call, Inc., go to: web.archive.org. ß The looks on these guys faces show that they mean business!

Contact Information

Go Call, Inc.

15 Queen St. E., Cambridge, Ontario, Canada, N3C 2A7

Website: web.archive.org

Investor Relations: info@go.ca (Mark G.)

Tel #- (519) 651-2121

Fax #- (519) 651-0457

Analysis of the Company

When we search for stocks for our investment team, we look for highly undervalued companies whose assets have not been shown to the world and have not yet had a fair valuation placed upon them. We like companies that are beginning to show explosive growth and have the potential to increase their share price by huge multiples. Go Call, Inc. meets all of our criteria.

Its is very easy to see that Go Call, Inc. is positioning itself for the present and the future. They are right in the middle of the technological revolution that is taking place worldwide. The market for their products is endless. Many companies that are listed on the exchanges in the US markets strictly focus on the US markets. This is where they are going wrong. Go Call, Inc. is trying to tap, not only the North American markets, but also the European markets, with the introduction of its casino in multiple languages. Over time, this mass-market strategy will be very profitable and launch Go Call, Inc. onto a plateau that will separates it from the other competitors in the market place. Then, once they reach this plateau, just like any other dominant player, they will have influence over the "industry standard" as far as prices for products and services.

The key to Go Call, Inc.'s future successes will completely depend on how well the management team is able to execute their plans. So far, they have proven to be able to execute everything flawlessly. Many of the members of the management team have MBAs, Ph.Ds, and other higher degrees. This shows you the quality of people that are dealing with this undiscovered gem.

Growth and Revenues have been incredible for Go Call, Inc. They have proven they have what it takes to make this company into an online monolith. It does not take much effort to see that this company is growing at speeds that most Internet companies dream of. Amazon.com did not even grow this fast. All it takes is a quick review of the recent press releases to see the phenomenal growth.

Go Call Inc.'s revenues for the 10 months ended Dec. 31, 1998 increased 716% to $2,479,793, compared with $303,836 for the 8 months ended Feb. 28, 1998. This represents a 40% decrease in the net loss per common share to $0.09 per share for the 10 months ended Dec. 31, 1998, compared with $0.15 per share for the 8 months ended Feb. 28, 1998. This just represents the beginning of it all. The operations that these figures reflect on only opened up in the late summer of 1998. They quickly cut the losses down in a very short period of time. The Company is expected to post a profit by the end of 1999, thus cutting all losses and proving itself to the world.

The totals on the casino, since its inception, increased 90-fold to a total of US$12,674,224 from September 1998 through March 1999.

The company is also expanding its employee base fast to handle the growth of the company. There will soon be an increase to 70 employees from the current 25. Go Call, Inc. will have to move to a larger facility to handle the demand.

Something that is very different about this company is the way it reports its results. Instead of comparing the results to "the same period one year ago," they challenge themselves and compare them to the previous month. Even with this highly modest way of comparison, they are still beating the previous months by 50%-80%. That is absolutely phenomenal growth for any company. If the results were compared to the previous period from one year ago, they would be posting results of multiple hundred percentages increases. Just for the month of March 1999, revenues were a total of 2.5x the total revenues for the whole year of 1998! Amazing. It is very easy to see that profits will happen very soon.

It is clear to see that this company will succeed. There is no doubt. It is just getting started and that is why it is still on the OTC market. As soon as reporting status is achieved and the appropriate share price is reached, they can apply to be on the full NASDAQ market. When stocks reach the NASDAQ, is when fund managers and professional stock brokerages start investing. When it hits that level, nobody can even attempt to guess what the stock price might be!

There is not that much competition out there in the markets that Go Call, Inc. is pursuing. This means that they will be creating markets and opening new doors to various fields in business and technology.

The stock is relatively unknown to the investing community. Not many people know about the explosive growth (716%!!) and the real details of the company. Hopefully, this report will help introduce Go Call, Inc. to the world the way it should be done.

We are currently investing in this stock with our own personal capital. We feel that over the long-term that this investment will reap very high returns, year after year.

This report was compiled by Fatt Matt of Club Fatt! on May 4, 1999.

Disclaimer:

Club Fatt! is an independent research and investment team providing both information and factual analysis on selected companies. Club Fatt! or any of its members or affiliates are in no way compensated for anything they might state or discuss on a public message board or in any other form of information transmission. Anything said outside of this report is simply because the person has a personal investment that they have made in the company on their own free will.

The opinions and analysis included herein are based on sources believed to be reliable and in good faith but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or correctness. This information is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. The foregoing discussion contains forward looking statements which are based on current expectations and differences can be expected. The information contained herein has been provided by the Company to Club Fatt! for information purposes only. Readers are urged to consult with independent financial advisors with respect to an investment in the shares mentioned herein. Investors should review a complete information package on the Company, which should include, but not be limited to, the Company's annual report, quarterly report, press releases, as well as all regulatory filings. All information cont ained in this report should be independently verified with the Company mentioned herein. Any opinions expressed in this report are statements of judgment as of the date of publication and are subject to change without further notice, and may not necessarily be reprinted in future publications or elsewhere.

Club Fatt! nor its officers, directors, partners or employees / consultants accept no liability whatsoever for any direct or consequential loss arising from any use of this report or its contents. Club Fatt! affiliates, agents and/or family may have interests or positions in equity securities of the companies reviewed in this publication, some or all of which may have been acquired prior to the dissemination of this report, and may increase or decrease these positions at any time. Investing in growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. Club Fatt! may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports. Club Fatt! did not receive any kind of compensation for this report. Club Fatt! in no way is responsible for "touting" or "promoting" any company or product.

We encourage the reader to review the investing information available with the Securities and Exchange Commission ("SEC") at web.archive.org and / or the National Association of Securities Dealers ("NASD") at web.archive.org. Readers can review all public filings by the Company at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.

© 1999 Club Fatt!

This report may not be transmitted, copied, or posted in full or partial form without the consent of Club Fatt!