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Gold/Mining/Energy : Valu-Net Corp (VNE on ASE - was Faymar) -- Ignore unavailable to you. Want to Upgrade?

To: AGORA who wrote (557)	2/2/1999 5:50:00 PM
From: Ian@SI	Respond to of 974

Agora, Your response doesn't clear any of my questions, comments or concerns. 1. You have agreed that there is no Prospectus describing Valu-Net's current business. To me, that's a massive concern. ...and I believe it should be to anyone who is putting money into this "shell". 2. No financial statement for any of 1997, 1998 or 1999 is available on SEDAR. Most Exchanges would have suspended trading long ago. And while I don't know the ASE rules, I find it amazing that even the ASE would allow this to continue trading. 3. Audited statements. First, I've never even heard of the auditor who filed the interim unaudited statement. ... And I've never seen such a blatant warning on the cover page as is on the SEDAR filing. NOTICE TO READER We have compiled the consolidated interim balance sheet of Valu-net Corporation as at June 30, 1998 and the consolidated interim statements of operations and deficit and changes in financial position for the nine month period then ended from information provided by management. We have not audited, reviewed or otherwise attempted to verify the accuracy or completeness of such information. Readers are cautioned that these statements may not be appropriate for their purposes. DAREN, MARTENFELD, CARR, TESTA AND COMPANY August 12, 1998 Toronto, Canada 4. It is commendable for you to disclose that you are being compensated by VNE. How are you being compensated? Stock? How many shares? and how many have been sold? Some other form of compensation. 5. The Globe and Mail, as is the case for any newspaper, will publish whatever they feel to be newsworthy including company Press Releases. What was Agora's role, if any, in getting the information in the story to the Globe and Mail? I've seen the PUMP and DUMP game played numerous times. ...and there's always the promise of a big contract with a very well known company which somehow never materializes but keeps getting deferred to next month. More from the "interim financial statement" in a subsequent post. Ian.

To: AGORA who wrote (557)	2/2/1999 5:56:00 PM
From: Ian@SI	Respond to of 974

Agora, I checked SEDAR for FAYMAR. No filing has been made since September 16th, 1997. 3] Audited statements are only required for annual returns. To that end, we wish to advise all VNE shareholders that year-end financials will be filed with SEDAR within the next 20 days. If it were my money, there's no way in Hades that I'd wait 20 days for an audited financial statement. I've seen enough to know there's little probability of "return of capital" let alone a capital gain. A little side bet. There won't be any audited financial statement filed with SEDAR this quarter. Are there any takers out there? Ian.