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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 (708)	2/12/1999 11:47:00 AM
From: David in Ontario	Respond to of 974

Hi AGORA - good initiative from VNE management I'll PM you my questions. However, I would like to reiterate - and which should be recognized and understood by all - these threads (or bulletin boards) are a forum for honest discussion and misinformation, whether unintentional or deliberate. Some posters will come here and participate in an honest discussion. Some will come here and repeatedly post deliberate misinformation or post negative/positive comments that have no foundation in reality. I accept this reality as should all. Investment decisions should not be based solely on what is mentioned on any SI or other forum. Back up research is a must for all. Furthermore, following VNE managements reponses to our questions - there will continue to be posts that dispute anything and everything despite those posts having no basis in reality. Some people have their own agenda - but they are quickly recognized. Unfortunately, it just goes with the territory. David.

To: AGORA who wrote (708)	2/12/1999 11:48:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 974

"David Lucatch, will make himself available for telephone calls later next week and most likely on the afternoon of Thursday, February 18." "...requests that interested shareholders submit their intentions and questions in advance" Why? Since you are playing Interent Relations for this company I will ask these to you first. 1) Is or is not the PP going through: "Valu-Net signed an agreement to issue 6.67 million units in equity financing, via a private placement. Each unit is comprised of one common share at 90 Canadian cents and one full warrant to purchase one common share at $1.25 (Canadian). The first phase of the private placement, totalling up to $6-million (Canadian), is expected to close on or before Feb. 28, 1999..."? Is the PP going to be done? Or has it been completed? 2) What is the expected cashflow going to come from? And where from? Start with these two. Thanks in advance.