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Microcap & Penny Stocks : CHRONICLE COMM. (CRNC)GREAT NEW CO. - ONLY 900K FLOAT& -- Ignore unavailable to you. Want to Upgrade?

To: J. Utah who wrote (238)	2/8/1999 2:02:00 PM
From: kbert	Respond to of 694

CRNC has news: Company Press Release SOURCE: Chronicle Communications, Inc. Chronicle Communications Announces Chairman and Board Member Exercise Options TAMPA, Fla., Feb. 8 /PRNewswire/ -- Chronicle Communications, Inc. (OTC Bulletin Board: CRNC - news) announced today that John V. Whitman Jr., its Chairman, and board member Jackson L. Morris have exercised common stock purchase options for the purchase of an aggregate of 728,878 shares at the close of today's trading. Mr. Whitman stated, ''I believe that now is a terrific time to buy Chronicle stock. The price today, in my opinion, is dramatically undervalued and does not reflect the progress this Company has made to date and the great plans management has for the future.'' After the exercise of the options and recent sales of common stock, Chronicle has 6,267,442 shares issued and outstanding, compared to 2,727,790 shares issued and outstanding at fiscal year end of September 30, 1998. In a recent press release Chronicle announced it is launching a magazine called Market Maker Plus. This dynamic new publication will profile emerging growth, publicly traded companies. Market Maker Plus will be distributed free to every retail brokerage office in the United States and to top producing individual brokers nationally. Larger NASD firms will receive multiple free copies. Market Maker Plus will also be available to the general public via the Internet and on newsstands. The new magazine will be published six times per year. Individual subscriptions may be obtained for $39.00 per year US and $69.00 per year foreign. Market Maker Plus is being designed and printed at Chronicle's United Printing and Publishing subsidiary located in Tampa, Florida. Chronicle Communications Inc., is a fully reporting, publicly traded company quoted on the OTC Bulletin Board under the symbol of ''CRNC.'' The Company, founded in 1996 and headquartered in Cairo, Georgia, is the publisher of the South Georgia Chronicle, a weekly edition shopper paper distributed free to the respective community. Chronicle's expansion plans include up to twenty shopper papers across Georgia and the acquisition of existing specialty print products, primarily in the Southeast. Chronicle also operates two commercial web-offset printing plants in Central Florida. Complete information including links to the SEC's EDGAR database can be found at Chronicle's web site at www.chronicleinc.com/. Special Note: The foregoing release contains forward-looking statements. There are a number of important factors that could cause actual events to materially differ from those indicated by such forward-looking statements, including the availability of funding, results of marketing efforts and general economic conditions, among others. SOURCE: Chronicle Communications, Inc.

To: J. Utah who wrote (238)	2/8/1999 2:02:00 PM
From: kbert	Respond to of 694

I like the following:!!! After the exercise of the options and recent sales of common stock, Chronicle has 6,267,442 shares issued and outstanding, compared to 2,727,790 shares issued and outstanding at fiscal year end of September 30, 1998 DILUTION DILUTION DILUTION :( Archie