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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (1482)	3/26/1999 9:42:00 AM
From: DoubleOddBuck	Read Replies (1) \| Respond to of 4766

I know what OTC is, ok, I'll give you a point there. Lots to stay away from for sure. Have you read how Vancouver, Calgary, and the Toronto OTC will be joined into One Exchange ? They are going to call it the " Canadian Venture Exchange" and have more uniform listing and reporting requirements. You know where the ones that don't make the grade will end don't you? Here in the BB. That will leave Canada with One Venture market exchange, and only one "Big Board" being the TSE, because Montreal will transfer all equities to Toronto and will only be a options and derevitives exchange. Sidenote, VSE, ASE, and Toronto OTC Volumes are way down, Vancouver exchange barly surviving. Guess where all the Venture Capitol Speculators are ? You got it....in the NAS EBB. I guess we got to give credit where credit is due, all the Criminals doing stock scams have been successful in killing the Canadian Venture Capitol market and driving investors to the US boards. Hopefully it will change with the new exchange, and stiffer listing-reporting requirements. Venture Capitol exchange need to be active and fruitful for any nation.

To: Rande Is who wrote (1482)	3/26/1999 10:28:00 AM
From: Popiye	Read Replies (2) \| Respond to of 4766

Note the current book value... PITTSBURGH, March 26 /PRNewswire/ -- Mortgage Bankers Holding Corp. (OTC Bulletin Board: MBHC) today announced that it has named Dennis C. Rushovich as new chief executive officer and Kevin P. Maloney as new president. Rushovich and Maloney replace John D'Onofrio, who is resigning as President and Chief Executive Officer, but will remain at MBHC as a consultant. "We are indeed fortunate to be able to call on the skills of two experienced managers of organizations and assets like Dennis and Kevin," said James F. Carr, Acting Chairman of the Board of MBHC, a Pittsburgh, Pennsylvania-based company which operates diverse financial services and related businesses. "Together, Dennis and Kevin are going to lead the company's aggressive 1999 operational and expansion plans." "We would also like to thank John D'Onofrio, who provided leadership of MBHC as the company reevaluated its business operations and mix of businesses over the past six months." Dennis C. Rushovich was a founder, and formerly the chief operating officer and chief financial officer, of Independent Financial Marketing Group, the second largest U.S. third-party marketers of annuities and mutual funds to consumers to banks and financial institutions. Founded in 1989, Independent Financial grew to $2.4 billion in revenues before it was sold to Liberty Financial Companies in 1996. Mr. Rushovich's past experience also includes serving as chief financial officer of the marketing division of Sage Holdings, a large South African mutual fund and insurance group. Rushovich will also serve as MBHC's interim chief financial officer while the company conducts a national search for a permanent CFO. Kevin P. Maloney comes to MBHC from Asset Protection Trust Company, one of the first companies in the U.S. to market foreign situs trusts. Mr. Maloney has also served as an investment banker for a number of financial organizations, including Spencer Trask Securities, Inc., Balis and Zorn Securities, Inc. and Nutmeg Securities. Mr. Maloney also led successful merchant banking business ventures in Europe and the Middle East. MBHC also announced today that it has selected Eckert Seamans Cherin & Mellott, a national law firm headquartered in Pittsburgh, to serve as its corporate legal counsel. Eckert Seamans will counsel MBHC on a wide range of legal matters involving contracts, securities issues, financing and acquisitions. MBHC has also engaged Jampole Communications, Inc., one of Pittsburgh's largest independent public relations agencies, to develop and implement public relations and financial communications programs. Mortgage Bankers Holding Corporation has a diverse set of business and assets, including: -- National Institute Companies of America (NICA), is the endorsed provider of estate and financial planning services and products for the Independent Bankers Association of Texas, Kentucky and Colorado; the Bankers Association of Nevada and Oklahoma, the Community Bankers Association of California, Florida and Illinois; and the Independent Community Bankers of Wisconsin. -- Mortgage Bankers Service Corp. (MBSC) is a mortgage corporation licensed in Pennsylvania, Ohio and West Virginia to provide mortgage loans. MBSC typically brokers loans to investors before settlement, In addition, MBHC has a number of assets, including 667,000 shares of Growth Fund Partners (GFP), recently valued at $33 million by GFP. Growth Fund Partners is a private investment fund that owns various mining interests and real estate in North and South America. The current book value of MBHC is approximately $1.43 per share. For more information, contact Patty Hupfeld, MBHC, at 412-278-6272.