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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT -- Ignore unavailable to you. Want to Upgrade?

To: speedbird who wrote (115)	2/3/1999 8:18:00 AM
From: amic	Read Replies (1) \| Respond to of 1125

Hi bird, looks our friends from the US haven't woken up yet. I have a pre-open bid at 2 1/2, can anyone confirm?

To: speedbird who wrote (115)	2/3/1999 8:52:00 AM
From: WallStreetTips	Respond to of 1125

MXNT >>> Lawyers tell us how useful this MXNT's latest acq. is : Maxnet Announces Letter of Intent to Acquire Trident Recovery Systems, Inc. FREEHOLD, N.J.--(BUSINESS WIRE)--Feb. 2, 1999--Maxnet, Inc. (NASD OTC BB:MXNT) MXNT has announced it has executed a Letter of Intent to acquire Trident Recovery Systems, Inc. located in Jericho, New York. Trident's core business is engaged in the collection of debt in both the consumer and commercial fields. In comparison, to other collection companies, Trident is a full service company handling accounts from initial collection efforts through the legal process and beyond until the debt is resolved. The CEO of Trident, Steven M. Feinberg, Esq., has specialized in collection law since 1992. MXNT - Trident plans include penetrating the U.S. market through increased advertising, Internet integration, marketing and a focused sales effort aimed at financial institutions. The creation of a national network of attorneys using MXNT's domain MaxLawyer.com (http://www.maxplanet.com/maxlawyer/maxlaw.html) and a marketable computer collection system, stand alone or online, will enable MXNT - Trident to increase volume and collect fees similar to royalties creating revenue streams which should grow exponentially without increasing future expenses. The development of a Finance Division titled MaxFinance.com should allow MXNT - Trident to generate revenue and minimize risk as it serves as its own collection agency under CollectionAgencies.com. This should enable MXNT -Trident to develop capitalization to expand into new ventures such as the creation of a Legal Services Plan (Legal HMO) called TRIDENT LEGAL PLAN. Furthermore, MXNT - Trident anticipate a nationwide sales force with regional sales and service offices in every major market through contracts and acquisitions with other recovery corporations. Steven Feinberg, Esq., CEO and Chairman of Trident stated, ''this acquisition will place Trident into a position to pursue initiatives into the Internet, while simultaneously allowing for the operating autonomy required to expand our collection business aggressively.'' I. Goldreich, VP and COO of MXNT stated, ''we view the prospective Trident acquisition as a move into bringing Internet-related services to the legal, collection and financial services marketplace. MXNT has a stable and growing base business that will continue to operate and grow autonomously, while we can bring innovative technology and resources to help Trident expand its business into new areas.'' Maxnet, Inc. is an integrated Internet Development Company focused on creating and expanding strategic alliances for its comprehensive network of consumer and business-oriented web services. For further information on Maxnet, visit their websites: maxplanet.com maxplanet.com maxplanet.com maxplanet.com mxnt.com maxplanet.com Maxnet, Inc., MXNT is currently changing its name to reflect its new diversified Internet marketing business. Maxnet, Inc. currently has offices in New Jersey and Florida. Certain of the statements included in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. The Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from those expressed in these forward-looking statements. This release may contain forward-looking statements, made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties, which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors which could affect results include the development and introduction of competitive technologies, the market awareness and acceptance of the Maxnet technologies, the overall market demand for internet services, the presence of technologically inferior products and services which are priced or promoted to compete with Maxnet services, the ability to attract and retain technical personnel, and the ability of the Company to protect its proprietary information. -------------------------------------------------------------------------------- Contact: Maxnet, Inc., Freehold I. Goldreich, VP (732) 625-0770 or At OTC Financial Network: For Info: 1-888-682-3622