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Microcap & Penny Stocks : LA Group, Inc. (ONTV - formerly LAAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Buendia who wrote (666)	10/6/1998 1:24:00 PM
From: OFW	Read Replies (1) \| Respond to of 1140

HERE IS THE BUSINESS WIRE RELEASE OF THIS MORNING: (BSNS WIRE) LA Group CEO Responds to "False" Information on the Internet LA Group CEO Responds to "False" Information on the Internet Business Editors ROCHESTER, N.Y.--(BUSINESS WIRE)--Oct. 6, 1998--Dan Fasano, CEO of the publicly traded company The LA Group Inc. (OTC BB:ONTV) Tuesday stated that information is being posted over the Internet on message boards throughout America OnLine (NYSE:AOL), Yahoo (Nasdaq:YHOO) and the Silicon Investor that contains false and misleading statements about The LA Group. According to Fasano, this information is damaging to its shareholders and slanderous to the company and its executive officers. Fasano said that the only true information about The LA Group may be obtained through the company's official web site at aseenontv.com, press releases on news wire services or from the company itself by calling 888/499-4030. All other information should be considered hearsay and should not be relied upon until verified by the company for investment purposes, Fasano said. Fasano went on to say that those who are posting this misinformation are publicly being warned that these present and any future postings which contain information of this nature are currently being investigated by the proper authorities. The company also plans to take legal actions to seek damages against any and all parties who continue to engage in this type of activity against the LA Group. --30--tjj/la* db/la CONTACT: The LA Group Inc., Rochester Daniel Fasano, CEO, 888/499-4030 aseenontv.com