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To: smackdown who wrote (6782)	5/26/1998 6:25:00 AM
From: Joseph Strohsahl	Read Replies (3) \| Respond to of 8835

STOCK OF THE WEEK: Viking Resource..Coming out of a low due to false rumors and shorting. Has been as high as 2.12 and was holding steadily around 1 7/16-1 5/16 till false rumors on AOL BB came out saying the company doesn't exist and all the business wires were false causing a lot of people to panic and sell. I personally knew this was untrue by talking to the company and knowing the poster shorting this stock has been on many other boards doing this same thing. This cause the company to respond. Last Friday at 4:01 pm est the company told it like it is: Viking Resources Sets the Record Straight Business Wire - May 22, 1998 12:22 TAMPA, Fla.--(BUSINESS WIRE)--May 22, 1998--In response to speculation regarding the current status of the company, Viking Resources International Inc. (OTC BB:VIKG) Chairman/CEO Gerald L. Kuhr and Dan O. Erickson, Viking's president/CFO by this release confirm the following facts: -- Pending Acquisition of International Environmental Division -- Based on the terms of the signed definitive agreement between Viking and this European company, the release of the name of the acquisition will occur following the upcoming meeting to finalize the transition and allow for an orderly changeover in ownership. All financial aspects of this transaction are on schedule including the confirmation of payments totaling $25 million and the securing of a required $100 million performance bond. The remaining cash payment of $6 million is due upon the commencement of the transition period. -- Board Authorized Share Repurchase Program -- Starting today, shares of Viking's common stock have been purchased in the open market. Viking's current stock price is not reflective of the value of the company and represents an excellent buy opportunity. The company intends to maintain a buy back program for up to 1 million shares as previously announced. -- Broad Cove Colony/The Hamptons -- The company is currently reviewing a recent qualified offer of $31 million (net of $30 million after fees) for this prime real estate package. The company recently announced that its position in the Broad Cove deal was increased from 56% to 80% on this property valued at $35 million. -- Connecticut ACLF-Zoned Property -- The company continues in its negotiations regarding the development of this parcel valued at $3.5 million with estimated build out and sale profits of $20 million or $6 million per year in revenue on a managed rental basis following development. -- Epi Systems -- Involved in international waste-to-energy products with contracts to recycle over one million tons of municipal solid waste. The company maintains an office in Munich to oversee the European operations. -- Waste Tire Recycling Company -- In November of 1997, Viking announced a Letter of Intent to acquire T&R Recovery Systems Inc., a St. Petersburg, Fla. based company. During the due diligence process, the discovery of improper permitting on the part of T&R Recovery resulted in the cancellation of the LOI. Another Florida based tire recycler obtained the contracts and operations that made T&R a possible acquisition candidate for Viking. Viking has had preliminary conversations with this new company and any future developments in the area of tire recycling will be announced as they occur. -- Juleon Inc. -- Acquired by Viking in 1997, this Florida company currently has operations in the long haul trucking industry while research, development and setup, continue in anticipation of the production of fiberglass products, including proprietary interlocking roof tile panels and double walled in-ground tanks. Additionally, Juleon's principals have identified two specialty companies for acquisition and are currently looking at office and warehouse space in the Pinellas County area of Florida. Viking expects to move into larger corporate offices in Tampa, while maintaining a private office in the New York area for the chairman's use and to facilitate current business transactions. Viking Resources International Inc. is a holding company with a strategy of expansion through development and acquisition with its primary focus in the environmental and recycling industry in the US and internationally. Except for the historical information presented, the matters discussed in this release are forward looking statements and are subject to risks and uncertainties that could cause actual results to differ materially. CONTACT: Investor Relations 800/777-0264 or 800/913-9767 Joe

To: smackdown who wrote (6782)	5/26/1998 11:02:00 AM
From: Don Metzger	Read Replies (1) \| Respond to of 8835

News Release today and more to come!!!!!!!!!!!!!! Internet Infinity Announces Strategic Agreement for Internet Video Services COSTA MESA, Calif., May 26 /PRNewswire/ -- Internet Infinity, Inc. (OTC Bulletin Board: ITNF - news) announced today that it has signed a strategic agreement with ''Flying Disk Productions,'' an experienced provider of full motion streaming video services for the Internet. ''Flying Disk Video will give Internet Infinity the in-house capability to produce, encode, transfer, compress and post our clients' full motion streaming video to the Internet,'' said Chairman George Morris. The ability to efficiently provide full motion video for client Internet sites is one of the special multimedia promotion tools of the company. The Flying Disk agreement is the first in a series of planned affiliations and acquisitions to develop the Internet Infinity client services bundle. Internet Infinity is providing facilities, equipment and sales to the venture and Flying Disk is providing expertise in the creation of Internet and other digital media such as CDs, and Cyber-Roms. The founder of Flying Disk comes to Internet Infinity with years of experience in multimedia production and Internet site creation. After working in Hollywood for over 15 years with clients like Michael Jackson, Carol King and numerous other high profile clients, Flying Disk made a move to the Internet, producing over 250 web sites for clients like Greg Norman, Northwestern University and many others. Now is the time to make the move into delivering video over the Internet; the bandwidth is there, the audience is there and the quality is there. The days of the static web site are gone forever. Today's Internet surfer expects to get audio, video animation and multi-media. Internet Infinity and Flying Disk Productions are ready to deliver. Internet Infinity, Inc. is a Costa Mesa, California company that provides a bundle of electronic financial and direct marketing and communication services through the Internet, CD, video tape and television. The Company's mission is: ''Support client owners of Internet sites with multimedia promotion, financial services and transactional services to facilitate successful trade on the Internet.'' Certain information above may be forward-looking statements that involve risks and uncertainties. In such instances, actual results could differ materially due to different factors, including competitive developments and risk factors listed periodically in Company reports. SOURCE: Internet Infinity, Inc. More Quotes and News: Internet Infinity Inc (OTC BB:ITNF - news)