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To: Mr. Fortune who wrote (3518)	3/19/1999 3:04:00 PM
From: Craig K	Read Replies (3) \| Respond to of 13776

Ok, Got tired of waiting for emai...here is what I know on FECC.... FECC is in the business of providing e-commerce credit card transactions for overseas companies...specifically ASIA and Europe...Up until now, overseas companies can not process credit cards unless they go through us banks...this involves taxes and fees and a lot of red tape...FECC is providing them away around the banks by providing what he called mass merchanting??? not sure what that is, hoping for an explaination in email... They are also making this attractive to ISPs and portals by providing them a % of profits...I.E. Yahoo etc...routs specific traffic thru their gateway...Im not sure how all this works, but I am going to find out...he said that they have allready negatiated a deals with YAHOO and USWEB... testing is now going on...supposed to be bringing in revs in 30 days...there will be several PRs in the "near" future explaining the corperate structure, business model, and parnerships... He didn't want to give me specific timing or subject matter which is understandable.... Outstanding shares 12 mil float 6 mil more later Craig