To: Taki who wrote (131526 ) 4/21/2004 9:22:50 AM From: Taki Read Replies (1) | Respond to of 150070 SMNC.0095.Alert.Dirt cheap.IMO.Huge news SMNC Recovers 69 Million Shares of Common Stock Wednesday April 21, 8:30 am ET 49 Million Shares Cancelled "The intent of the cancellation is to boost share value, as a reduction in outstanding shares will spread the company's revenue and earnings over fewer shares, thereby enhancing the potential future value of shares," said Mario Quenneville, President and CEO of SMNC. CLEARWATER, FL--(MARKET WIRE)--Apr 21, 2004 -- Summit National Consolidation Group, Inc. (Other OTC:SMNC.PK - News) announces shareholders representing approximately 69 million shares of the outstanding common stock of SMNC have returned their shares to the company. At this time, SMNC has decided to cancel approximately 49 million shares, and will designate the balance of approximately 20 million shares as treasury stock, available for general corporate purposes."The intent of the cancellation is to boost share value, as a reduction in outstanding shares will spread the company's revenue and earnings over fewer shares, thereby enhancing the potential future value of shares," said Mario Quenneville, President and CEO of SMNC. SMNC conceives, designs and formulates unique cosmetic and all-purpose products from organic materials with a variety of applications including fingernail polish remover, make up remover, sneaker cleaner wipes, instant shoe shine wipes, acne treatment wipes, etc. More Superwipe products are in various stages of development, and should be released throughout 2004. This release contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," "should" or "might" occur. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized. Contact: Contact: YES INTERNATIONAL Rich Kaiser (800) 631-8127 yesinternational.com yes@yesinternational.com