Hmmmm... Here's an interesting post. Again, the writer is likely very brilliant, but there may actually be morons out there seriously considering the terms of this offering:
To: +Jeffrey S. Mitchell (2903 )
From: +Kevin Watson
Friday, May 29 1998 3:22PM ET
Reply # of 2995
Company Press Release
FBN Associates Makes Announcement
SEDATED, Arizona--(PR WIRE)--May 29, 1998--The Company is pleased to
announced that its wholly owned subsidiary, Post Millennium Software Production, Inc.
("PMS"), has signed a formal agreement with Hairballs, Inc. ("Balls"'), an unaffiliated
and, despite the name, unincorporated third party, for the acquisition of Ball's exclusive
license for the sale, marketing and distribution of a software product known as "Don't
Hold Yer Breath", that will analyze computer software and hardware and possibly
report files that might need to be modified to enable certain other software and
hardware to function.
The company will vigorously pursue, with the full force of the law, those anonymous
individuals on the Internet who are suggesting that this software is nothing more than a
BAT file containing the command "DIR".
By mutual agreement of the first and second parties, and upon advice of counsel to the
third party, the parties have agreed to restructure the acquisition of the exclusive license
as a "stock-like image on a piece of paper" for asset transfer. Under the terms of the
final agreement, Hairballs, Inc. will receive 10,000,000 shares of PMS's Convertible
Cumulative Non-Diluted Voting Semi-Preferred Stock, convertible into Common
Stock-like Documents of FBN, on a share for share basis, or into PMS Common
Stock, under very strange and mysterious circumstances, as sole consideration for the
acquisition of the exclusive license. In addition, PMS has agreed to assume a $250,000
promissory note which the exclusive license is subject to in lieu of the previously agreed
upon lien to the cash payments to the party of the first part, without contingent retinues
or contangos to the party of the third part.
The first payment of $5,000, is to be paid on July 1, 1998, and the balance is to be paid
thereafter, on a schedule based on the menstrual cycle of certain unnamed principals of
the party to the first part, in unequal payments of $33,333.333. The Note bears interest
at the rate of 5% per annum. In addition, the Articles of Incorporation for PMS were
amended yesterday to backdate the Date of Incorporation of the company, to entitle
holders of the Semi-Preferred Stock to one vote per share on all matters for which
shareholders are entitled to vote, and to add some really bad graphics to an unrelated
web site. There were no other material changes to the remaining terms of the original
Letter of Intent as announced on April 1, 1998.
PMS will continue to have an option to buy and/or distribute all other future retail and
commercial software to be sold to the general public, based upon a product which is
produced or manufactured by the original principals of "Balls" or their affiliates, together
or individually, using aliases and screen names designed to titillate or provoke the
unsuspecting public.
The Company, through the efforts of PMS, is scheduled to release the "DHYB"
Software product, in its final format, possibly for sale to the public possibly on, before
or after June 1, 1998, through a website hosted by Double Zero International Limited.
Double Zero, has been engaged to co-ordinate a veritable plethura of sales,
manufacturing and distribution activities of software products acquired by PMS or the
Company. The price and sales volume for the Y2K product will be determined by
Double Zero in consultation with a Shaman and The Weather Channel.
The Company is prepared to sell offer its common stock directly to qualified individuals,
and has attracted a wide following on the Internet. For more information on how you
might qualify to be an investor, call 1-888-FBN-2000
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