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Microcap & Penny Stocks : AMCX - AMERICLEAN, INC. -- Ignore unavailable to you. Want to Upgrade?

To: Sigmund who wrote (109)	1/14/1999 7:29:00 AM
From: LANCE B	Respond to of 223

where did that come from........... what are you referring to.... do not see anything like that...

To: Sigmund who wrote (109)	1/14/1999 10:58:00 AM
From: Stephanie	Read Replies (1) \| Respond to of 223

NEWS RELEASE Date: January 14, 1999 Subject: Recapitalization and Corporate Update On January 7th, 1999, shareholders owning a majority of the issued and outstanding common shares of Americlean Inc. adopted a resolution to recapitalize the outstanding common shares of the corporation on a one for four basis. The total issued and outstanding common shares of Americlean, effective at the close of market, January 13, 1999, was 7,094,494. As of January 14th, 1999, and post consolidation, Americlean will have 1,773,624 common shares issued and outstanding. The post split CUSIP number for the consolidated securities is: 03061T 20 5. Americlean's senior management elected to support this resolution for the purposes of pursuing the quotation of its securities on a quoted exchange (NASDAQ). Accordingly, the Company intends to file an application to have it's securities quoted on the NASDAQ Small Cap Exchange by no later than the second quarter of 1999. Management feels additional benefits of adopting this resolution include: 1. Reduced cost of capital for its continued acquisition plan and roll-up of the dry-cleaning supplies industry. 2. Development of potential broker / analyst coverage. 3. Expansion of its shareholder base. As of January 12th, 1999, Americlean has completed its Phase One Environmental Audit of the Boggs & Company locations, as identified in it's news release of December 1, 1998. Closure of Americlean's acquisition of Boggs & Company has been agreed to conclude on or before February 15th, 1999, as per a mutual agreement of extension. Closure of the Boggs & Company acquisition is expected to provide Americlean with $8.00 per share in revenue on a post consolidated basis. AMERICLEAN INC. (OTCBB : AMCX) services the North American dry-cleaning industry, a seven billion dollar annual market which has consistently grown an average rate of 10% each year. The Company has combined the manufacture and supply of dry-cleaning products with hazardous waste services utilizing its proprietary recycling technology. Americlean's strategy is focused at consolidating this fragmented industry by supplying its products and services directly to the consumer. Investor Relations: Phil Huss 970-259-7241 Phoenix Alliance Inc. e-mail: phoenixalliance@frontier.net Americlean Inc. 800-585-0295 Web Site: www.americlean.net