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Microcap & Penny Stocks : RICI - Riviera International -- Ignore unavailable to you. Want to Upgrade?

To: George C. Grasser who wrote (247)	12/18/1997 10:47:00 AM
From: Don Schoenbeck	Respond to of 305

On March 4, 1997 this press release was issued by LUMANET. Does anyone know why we have not received anything on this........ Dividend Distribution HOUSTON--(BUSINESS WIRE)--March 4, 1997--LumaNet Corp. (OTC BB: LUMA) announced Tuesday that the board of directors has declared March 17, 1997 as the date of record for a dividend. The dividend, that will be distributed on a pro-rate basis per ownership, will be 200,000 shares of common stock of Inet Corp. The company also announced that it is going to require an investment letter to be signed by each shareholder receiving the dividend to the effect that the holding period provided in Rule 144(d) shall commence on the date of record. "The Internet Channel offers viewers a 24-hour TV channel with unlimited Internet programming content," said John Christensen, president of LumaNet. "From news and reviews to product and service information, the Internet Channel will be looked upon as the most sought after Internet information access point on cable television," stated Christensen, who has also been invited to serve on the Internet Channel board of directors. As a shareholder of the Internet Channel, LumaNet will be better positioned towards exposure and advertising of Mallscapes.com to an eventual nationwide TV viewing audience. Based in Houston, Lumanet (www.luma.net) has developed and designed Mallscapes.com as an extensive Internet product catalogue that will enable consumers to purchase on the Web high quality consumer products at below retail prices. For more information CONTACT: LumaNet Corp., Houston Investor Relations: 1-800-716-5147