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To: Nescom who wrote (3777)1/21/1999 3:13:00 PM
From: David Sirk  Read Replies (1) | Respond to of 15987
 
NESCOM!!!! Things still looking good for ISSM>> Picking up any more rumors??



To: Nescom who wrote (3777)1/21/1999 5:53:00 PM
From: MoneyMade  Respond to of 15987
 
I'm BACK!!! GSIC-NEWS The General Store Announces Financing

PR Newswire - January 21, 1999 16:53

SEATTLE, Jan. 21 /PRNewswire/ -- Mr. Glen Easthope CEO of The
General Store International Corp. (OTC Bulletin Board: GSIC) is pleased
to announced today that it has completed its 504 offering to raise seven
hundred thousand dollars ($700,000).

The proceeds of this offering will be used to further expand the companies
national and international operations, as well as technology product
development known as CARAT. This is the company's proprietary
convergence technology combining home entertainment and on-line
shopping.

The proceeds will also be used to pursue business opportunities such as the
sales and licensing of national and international Master Franchises, subject
to the approval of the General Store's Uniform Franchise Offering Circular
(UFOC). This application is currently in process.

Mr. Easthope expects that revenue generated from franchise sales in both
Seattle and Vancouver will be significant enough to further expand into a
number of additional cities in 1999.

There have been changes to the reporting requirements of the NASD OTC
- BB companies as of January 1, 1999 as announced by the SEC. The
company is currently preparing to make filings pursuant to Sections 13 and
15 (d) of the Securities Act. This will ensure that the company is in
compliance with the new reporting requirements.

The General Store is a home shopping delivery service that incorporates
the same technologies of E-commerce and on-line shopping that have made
other E-tailers so successful like EBAY and Amazon.com. The General
Store has gone a step beyond the typical Internet based concept by
developing Convergence Hardware that appeals to individuals looking for
an Internet alternative yet it remains as simple as placing a phone call for the
"technologically challenged."

The statements made in this News Release may contain certain forward
looking statements. Actual events or results may differ from the Company's
expectations. Certain risk factors may also affect the actual results achieved
by the Company.

SOURCE The General Store International Corp.

/CONTACT: Kyle Werier, Investor Relations of General Store
International
Corp., 888-252-8288/

/Web site: genstore.com

(GSIC)