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Microcap & Penny Stocks : Veronex Technologies Inc. (VXTK) -- Ignore unavailable to you. Want to Upgrade?

To: Josef Svejk who wrote (532)	2/21/1999 4:22:00 PM
From: ztect	Read Replies (2) \| Respond to of 684

Humbly report Josef, pick a shell...any shell.... But did you note the connection between VXTK and my favorite company in the whole wide world GTCI...??? Did you also note that VXTK, GTCI and your favorite PINC are all being pumped by the Wall Street Research Group aka Superstocks.net? go2net.newsalert.com Global Telephone Communication Inc. Announces New Teaming Agreement With Veronex Technologies PR Newswire - January 11, 1999 12:10 SAN DIEGO, Calif., Jan. 11 /PRNewswire/ -- Global Telephone Communication Inc. (OTC Bulletin Board: GTCI) today announced it has entered into a teaming agreement with Veronex Technologies, Inc. (OTC Bulletin Board: VXTK) to jointly pursue business opportunities in the People's Republic of China. The two companies will be involved in a select applications development and applications management outsourcing. Veronex will benefit from Global's established relationships in the People's Republic of China. Global will take advantage of Veronex's innovative I/Nova System for solving the Year 2000 computer problem and improving the time-to-market, quality and cost of applications development and management. Veronex has created the I/Nova System, a new technology for applications lifecycle, in essence, through a library of functional modules and a run-time system that enables software developers to save time and improve quality through effective reuse of commonly-utilized functions. This unique technology is platform independent, self-documenting, and highly efficient. The technology also improves existing applications and can solve the Y2K problem with its automated DataCentric Analyzer. "Global is continually looking for information technology tools that allow our clients and partners to provide the most rapid and highest quality solutions. We've been impressed with what we've seen from the I/Nova System," said Terry Wong, president of Global. "Global has established itself as an exclusive supplier of Y2K solutions for the PC market in China, and the I/Nova System will broaden our Y2K solutions services to the mainframe computer market." About Veronex Technologies, Inc. Veronex designs, develops, licenses and supports computer software products for complete "business system" application development and implementation for enterprise solutions on mainframe computers. The company's I/Nova System is a fully integrated business application development tool for enterprise resource planning and has been ITAA +2000 certified. More information can be obtained about Veronex by visiting its Web Site at veronex.com. About Global Telephone Communications Inc. Global Telephone Communication Inc., is working with China Telecom to bring wide access of the Internet to the Peoples Republic of China. Through its wholly owned subsidiary Regent Luck Holdings, Global Telephone operates under an exclusive agency/licensing agreement with China Telecom's wholly owned subsidiary, Newsnet, to provide basic and advanced Internet services. Also within the agreement is Global Telephone's ability to provide Internet Telephony systems and products. According to statistics recently released by the China National Network Information Center, registered Internet users reached 1.175 million by the end of June, 1998, doubling the number of users over the previous six month period. More information can be obtained about Global by visiting its Web Site at globaltci.com. This statement includes forward-looking information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors. SOURCE Global Telephone Communications, Inc. /CONTACT: Jim Berger of the Investor Relations Company, 800-536-8472, for GTCI; or Terry Wong of GTCI, 800-668-9880/ /Web site: veronex.com /Web site: globaltci.com (GTCI VXTK)

To: Josef Svejk who wrote (532)	2/21/1999 4:29:00 PM
From: ztect	Respond to of 684

Hey Josef, below is a post regarding VXTK's partner GTCI... Thought you'd find it interesting. Message 7940596 ============================= hey blessed... If you forgot, this isn't the "blessed" thread or the ztect thread, IT IS THE GTCI thread.. So, let me show you one where GTCI is hyping GTCI......(see below) Now not-so-blessed, I've given numerous reasons why I believe GTCI is a bad investment and is exaggerating it's market and market position to mislead investors into pumping up the share price of this company. Now not-so-blessed you purportedly have "faith" and that is your basis for "investing" in this company. So here not-so-blessed please answer the questions I asked Francois, so you can clearly and succinctly list why you believe this is a "good" investment... Now "blessed", please tell me why this company is such a wonderful investment and list your top five reasons why. Also, exactly explain how this specify company is going to take advantage of opening markets in China and refer to the sources of your information by providing links to that information. Back your wishful thinking up with verifiable numbers and agreements [and not just cutting and pasting of company press releases]. Not-so-blessed also explain to me how GTCI is going to realize the earning projections put forth by WSRG... Here again are WSRG's projection GTCI, with estimated 1999 earnings of $ .69 per share Come on not-so-blessed, demonstrate your great 'dd' skills.. especially since hitherto you appear to have posted everything except what would be due diligence. C-mon, BIGMOUTH, put up or SHUT UP!!!!!!! Now not-so-blessed per the article you posted.....click link Message 7791993 dated Feb. 9, 1999 "..Sales of personal computers for home users in the mainland grew more than 60 per cent last year compared with 1997, with more than 1.2 million units sold, according to market researcher Advanced Forecasting-HuiCong (AFHC)..." Now per GTCI Press Release available on GTIC's web page, GTCI makes the following claims regarding the Chinese market for their y2k product... globaltci.com SAN DIEGO, Dec. 1 /PRNewswire/ -- Global Telephone Communication Inc. (OTC Bulletin Board: GTCI - news) "...China's metal industry illustrates the extent of potential Y2K problems. The China Metallurgical Industry Bureau reports that 20,000 of the 28,000 computers used in the industry, or 71 percent, are threatened by Y2K problems. The PC market in China alone totals 10 million computers, all of which must address the millennium bug...." Now not-so-blessed explain to me how China can simultaneously have purchased a total of 1.9 million y2k hardware COMPLIANT computers in the past two years, which was a HUGE increase in purchased computers yet somehow ALREADY have 10 million hardware NON compliant computers? Remember GTCI's software is a hardware fix and thus "...all of which must address the millennium bug...." has nothing to do with GTCI's software, since for the only way for this statement to be true would be if GTCI's software also attempted to identify software bugs. Per the article YOU provided, China has only 1.9 million compliant PC's...and per the article you provided the number of computers in China preceding these 1.9 million is even A LOT LESS and certainly no where near 10 million.. Why the hype by GTCI? To mislead investors by overstating the market? Most likely. Also regarding the ISP, GTCI web page and WSRG both contain the same language... wallstreetresearch.net globaltci.com "...Equally explosive growth is expected in PC sales and users. The Chinese market is expected to become the LARGEST in the world! As a matter of fact, personal computer sales in China are expected to surpass those in the United States by year 2000...." Again why the hyped and completely obvious BS? No way in heck will this wild and irresponsible statement be a reality. How many PC's are there in the US? Not-so-blessed...how do you justify this hyperbola? Now one could justify these exaggerated statements by qualifying them and stating that the percent increase in sales in China will exceed those sales rates in the US because there are so few computers relative to the population in China (approx. 2%), so obviously there is much greater potential for growth where the US is already more saturated, However GTCI doesn't attempt to make any such qualification. Nor is there any substantiation or explanation for the hyperbola tagged on to both GTCI's web page and WSRG's report when the statement "...Other forecasts see 100 million users in the near future..." Here is that statement in greater context... "...The number of people using the Internet in the world's most populous nation has increased more than 30 fold in just five years. Internet users are expected to grow from 70,000 in 1996 to 4 million in 2000 and 7 million by 2001. Other forecasts see 100 million users in the near future..." Now please not-so-blessed tell me what "other" forecasts? And why the need to add the hyperbola? Big jump from 7 mil to 100 mil, wouldn't you say? Also compare that 7 mil to the approx 160 mil global Internet users NOW and the projected 1 billion Internet users by 2001..Thus China's projected use is a whopping .7% of the global Internet usage. Attempting to exaggerate need for services by exaggerating the size and growth of the market is an attempt to manipulate share holder's interest. Mow I agree it IS true that many urban Chinese are eager to buy computers. It is also true that the Internet is making it difficult for the Chinese government to monitor and control information. But both computers and Internet access for Chinese are expensive. Plus Chinese hitherto do NOT have credit cards. Thus a large ticket item (like a computer) even for the "middle" class Chinese represents a substantial portion of an urban Chinese disposable annual income and thus takes time and planning for urban Chinese to pay for which, in turn, slows down substantially the rates of computer sales in China. The rate of Internet growth in China is also hampered by costs of access due to China Telecom's monopoly which is a severe burden except for the very FEW affluent crony capitalists. Now Telecom's monopoly is being challenged as others are starting to provide service like China Unicom, and Hong Kong Telecom (HKT id own both by Cable and Wireless and China Telecom)...State run monopolies have been an impediment to growth and are especially prone to corruption thus this monopoly too deters growth though for the Chinese government provides some semblance for control. Though note that as telephony and cable providers expand so do the growing number of ISP's as well as the number of major companies moving into this market like AOL all of which are competing for a small market especially relative to the global market. Thus this need for control is also affecting the rate of growth, but unfortunately for the Chinese Authoritarians, the genie has been left out of the bottle, and the Internet may indeed provide access to information that undermines Totalitarian beliefs. However, all of these "improving" aspects of China as those who perceive the glass to be half filled rather than half empty, don't negate the fact that China has a tremendous disparity between the few who have and the many that don't. The majority of Chinese are still poor and are either in rural areas or the not so glamorous cities that the tourists typically do not see. In these cities and in the countryside, the prospects for Internet access and computer ownership are even less of a reality. Thus growth is hampered further still by the economic reality that as environmental regulations and worker regs are imposed plus salaries raised, many of the jobs that will remain will require skills that the Chinese may have not (since they currently aren't) prepared people for. Any not-so "blessed" now it is your turn, please explain why this is such a wonderful investment.... Plus remember WISHFUL THINKING and especially platitudes like risk/reward with out explaining what you perceive the risk factors to be are HYPE without any basis for the reasons for "faith" in this investment. So again, BIGMOUTH, put up or SHUT UP!!!!!!! Sincerely, ztect cc. enforcement@sec.gov

To: Josef Svejk who wrote (532)	2/21/1999 4:35:00 PM
From: ztect	Respond to of 684

Found this regarding VXTK while looking into GTCI... Message 7857777 FYI...RE: Veronex... Now Chuck...Please learn how to read and think at the same time... Message 7815014 Find it the hard way. Why not wise up and pay attention to Stockdetective and arm of SEC. Take a look at the following article. This is the company that GTCI has joined with to conduct their Y2K work in China. Bear in mind that trash begets trash. Does this look like something you want to be a part of. Wake up and smell the roses. Veronex Technologies Inc. (OTCBB: VXTK) is just another face in the growing field of companies claiming to have THE answer to the world's Year 2000 computer glitch. However, Veronex doesn't appear to have any proven product, but claims that its program is a one-stop quick fix for most large corporations with COBOL-based systems. Another warning sign to investors is the company's stock price. After an apparently successful mini-pump in April, when shares rose to almost $16, the price dropped by almost two-thirds in less than three weeks. Now the stock appears to be on the rise again, luring a fresh batch of investors. None of this is lost on long-time penny stock fans who will remember Veronex as a heavily promoted penny mining stock. Perhaps they're betting Y2K solutions are the next fool's gold. An added note: In February, Veronex proudly announced a licensing agreement with Venture Tech 2000, a California computer company. Last week, Venture Tech 2000 was raided by investigators based on an affidavit claiming that Venture Tech 2000 lied to investors and sold unregistered securities, according to a story in the L.A. Times. Nor is it likely Veronex did much due diligence on its prospective partner, or they would have known how unlikely it is they'd ever get paid. According to investigators, the company had only $2,000 in assets. THIS IS AN ARTICLE PROVIDED BY stockdetective.com stockdetective.com

To: Josef Svejk who wrote (532)	2/22/1999 8:09:00 PM
From: David A. Hite	Read Replies (1) \| Respond to of 684

Josef: Stop with your cute assertion of being humble. The contact information you are requesting is on the next page of the news release. You appear to be able to read only those items which suit your needs, whatever your needs may be. If you want to contact the people at AWT, then read the phone number on the news release and call them directly. You got a complete answer to your questions. The fact that you appear not to be satisfied with the answers is interesting. What is it you are attempting to discover? If you want to know more technical information about the I\|Nova System, then that will require non-disclosures and an in person appearance at the Veronex technical center. Veronex will require a photo ID with name, address, etc. The I\|Nova System is a valuable asset and certain aspects are not available for discussion in a public forum or over the phone. Certain of the terms and other conditions of the transaction with AWT are not being disclosed for the reasons discussed above. The I\|Nova System is platform independent and can be ported to any platform. Should you desire more detailed technical information then you will need to visit our facilities and sign non-disclosure agreements.