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Non-Tech : venturetech VTEH bullettin board -- Ignore unavailable to you. Want to Upgrade?

To: JOEY who wrote (506)	4/23/1998 10:52:00 AM
From: Double Dipper	Respond to of 913

Jake, Thanks for the link. Good source - feeling better and better as I read but still digging. Kevin

To: JOEY who wrote (506)	4/24/1998 11:32:00 AM
From: JOEY	Read Replies (3) \| Respond to of 913

THIS IS A NEW POST FROM THE VTEH WEB SITE. NOT A PRESS RELEASE. CHECK OUT WWW.VTEH.COM ------------------------------------------------------------------------ Le Nouveau Marche (Paris Stock Exchange) VentureTech is in the process of finalizing an agreement with a major Invesment-Finance/Brokerage firm located in Paris, France. The intent of this agreement is to raise working capital funds for the company through equity placement in France and Europe with the ultimate goal of a formal listing on the Le Nouveau March‚ (a Paris, France stock market geared to entrepreneurial companies with high growth potential). This is not meant as a replacement for VentureTech's US stock market listing, but as a supplemental listing in keeping with the company's strategy to be viewed as a global entity. VentureTech was introduced to this French firm through an arrangement with its investment banking firm in the United Kingdom-Market Capital Corporation. This financing/listing is expected to occur in two stages. In the first stage, the financing entity will prepare a research analyst report on the company, industry and the market potential. Management has met with the analyst in France and has initiated the education process. Initial feedback has been positive. The financing entity will further assist in the registration of the company with the OTC (over the counter) market (Societ‚ de Bourse Francaises) in France through which they will attempt to place shares with investors. This step is a precursor to ultimate movement to the Le Nouvea March‚. In the second stage, the financing entity will assume the role of advisor/market maker as it introduces the company to the Le Nouveau March‚. They will assist in the various steps required by the market authorities and auditors (Societ‚ du Nouveau March‚ and Commission de Operation de Bourse), as well as assist in the development of an initial prospectus. Once public placement of the shares occurs, as expected, the financing entity will provide market making services to the company for a minimum period of three years. PTC Group, Inc. (OTC-PWRE) On March 14, 1996 VentureTech entered into a convertible debenture agreement with PTC Group (formerly Kaniksu-Intryst) for the principal sum $3,000,000 that allows for a conversion into common shares of PTC Group common stock at $1.50 per share. This debenture was received in exchange for a sale of a VentureTech subsidiary to PTC Group in 1996. In November of 1997, pursuant to a potential merger of PTC Group with another entity, VentureTech agreed to a "buy-back" provision at $1.00 per share for up to 1,500,00 shares. This was deemed a necessary condition for the merger to occur. Should the merger be finalized, with the resulting entity properly capitalized as anticipated, VentureTech stands to receive up to $1,500,000 (1,500,000 shares at $1.00 per share) for working capital requirements in exchange for a portion of the convertible debenture. The remaining balance of shares (500,000 or more) would be retained for future investment and corporate purposes. Additional details on the potential merger can be found at PTC Group's website, pwre.com Note: The above statements in regard to the Le Nouveau March‚ and PTC Group, Inc. which are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including VentureTech's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to VentureTech as of such date. It is important to note that actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative and marketplace changes.