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To: Doug Savant who wrote (197)8/10/1998 5:09:00 PM
From: JC Reddy  Read Replies (1) | Respond to of 456
 
Great News! I think ININ has found a new way to create PR announcements! It had three announcements so far:

(1) ININ is seen as a Cigar Super Stock (hype)
(2) ININ announces 100:1 forward stock split
(3) ININ announces that it is trading at post-split prices

Any substance in any of them? Does something smell bad to you?

I am sorry .. I never criticize any stock like this, but it appears to me that something is obviously wrong here.

I hope I am wrong for investors' sake.



To: Doug Savant who wrote (197)8/18/1998 11:32:00 AM
From: PK  Respond to of 456
 
ININ..NEWS..Tuesday August 18, 8:41 am Eastern Time
Company Press Release
International Industries, Inc., Joins OTC Financial Network's Spotlight On Bulletin Board Stocks Listing Program
BOCA RATON, Fla.--(BUSINESS WIRE)--AUG. 18, 1998--International Industries, Inc. (OTC BB:ININ) announced today that it has entered into an agreement with OTC Financial Network of Needham, Massachusetts to be included in the Spotlight on Bulletin Board Stocks(TM) listing program.

Under terms of the agreement, the Company will be added to OTC Financial Network's weekly listing beginning on August 24th, 1998. The Spotlight on Bulletin Board Stocks(TM) is published in every weekend edition of Investor's Business Daily, and is found adjacent to the Nasdaq(R) SmallCap stock listings. Investor's Business Daily is a newspaper available on newsstands across the country with an audience of over 258,000.

International Industries President Gary Schultheis stated, ''Due to the recent upsurge in volume in our company's stock, we believe it is necessary for shareholders and potential investors to be able to easily follow International Industries in a major financial newspaper. OTC Financial Network's Spotlight on Bulletin Board Stocks(TM) is the perfect medium for qualified investors to track our stock on a weekly basis. We think that shareholders and potential investors will find this listing very advantageous.''

The Company is developing an internet cigar superstore (http://www.stogiesonline.com) that will provide a secure and simple shopping site for cigar customers. International Industries will sell many popular premium brand name cigars at substantially discounted prices, including their own Mr. Cigar label, and will also offer private label cigars for promotions and special occasions. Additionally, the Company will market franchises and their proprietary cigar vending humidors through the new site. Plans are being put in place for joint venture promotions on a daily and weekly basis with many of their brand name suppliers.

International Industries, Inc. is a diversified holding company that specializes in the manufacture and distribution of automated cigar vending machines as well as the distribution of Mr. Cigar hand-rolled cigars which are personalized with names or logos. The Company is also actively seeking acquisitions of additional companies with existing complimentary lines of business. ININ generates revenue from the sales of vending cigars and machines, wholesaling, franchise territory sales, and franchise fees and royalties. The International Industries website is located at mrcigarinc.com. The Company headquarters can be reached at 561-988-0819.

For further information on OTC Financial Network's Spotlight on Bulletin Board Stocks(TM), please call 1-888-244-7862 ex 37 or visit otcfn.com.

This press release may contain forward-looking statements made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, subscriber growth, product demand, competition, and other risks and uncertainties detailed from time to time in the Company's periodic reports, including Quarterly Reports on Form 10-Q and Annual Reports on 10-K.

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Contact:

International Industries, Inc.
Gary Schultheis, President
561-988-0819

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More Quotes and News: International Industries Inc (OTC BB:ININ - news)
Related News Categories: computers, internet

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