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Microcap & Penny Stocks : SETO Semicon Tools Inc. -- Ignore unavailable to you. Want to Upgrade?

To: hooters_akimbo who wrote (2147)	4/7/1999 4:39:00 PM
From: bigbuk	Respond to of 3222

HANG ON!!!!!

To: hooters_akimbo who wrote (2147)	4/8/1999 10:23:00 AM
From: hooters_akimbo	Read Replies (1) \| Respond to of 3222

SETO HOLDINGS, INC. (OTC:BB SETO) FINANCIALS TO BE RELEASED LATER TODAY or NO LATER THAN MONDAY, APRIL 12th WWW.SETOHOLDING.COM In a conference call late last night with Gene Pian, President of SETO Holdings, Inc. (OTC:BB SETO), Mr. Pian told La Guardia GFS that the Audited Financials for Fiscal 1999 have been completed but have not passed final review by the auditors and executives of SETO, namely Mr. Pian. "We wanted to have the audit finished by the end of March, and we were not able to reach that goal due to unforeseen delays. I would like to apologize to all of those who are anxiously awaiting the results of this audit, and assure all of our shareholders that this information is forthcoming. We anticipate that the numbers will be available for public review no later than Monday, April 12th, and we are working diligently to prepare the Press Release for today, but I cannot guarantee we will achieve this goal." Mr. Pian went on to explain that the 13 hour time change between New York and Panang can really be difficult when there is time pressure. The accountants are reviewing the final draft of the audit beginning at 7 a.m. EST, and will be in contact with Mr. Pian no later than 12:00 p.m. EST (which is 1 a.m. tomorrow in Malaysia). SETO has continued to work around the clock to prepare these financial statements, and La Guardia GFS continues to be impressed with their attention to detail and timeliness. "Gene has been in contact with us on a daily basis throughout his entire trip to Malaysia which says a lot in and of itself. We are very happy to be working with SETO, and continue to look for major price appreciation out of this stock," stated Carlos Saldana, President of La Guardia GFS, "It would be nice to have had Gene back in New York to expedite the final audit, but it is imperative that Gene continue his efforts in Asia, as we believe there are some very lucrative prospects in this region, not unlike Read-Rite and Seagate." As you may well know, La Guardia GFS has informally opened our new web site, www.DosComercios.com, and we urge you to visit our site and the SETO corporate profile, in addition to forwarding us any suggestions via e-mail. Don't forget to join our NEW POSTING FORUM, and check back early and often for the latest and greatest developments on all of the issues we are currently tracking. La Guardia has been compensated by SETO to manage their investor relations ($5k cash retainer / 150k shares of restricted stock, said stock is restricted until March 12, 2000). In addition to the above listed compensation, La Guardia GFS has purchased in excess of 170k shares of stock on the open market over the past 30 days, and will continue to acquire additional shares in SETO as our portfolio management protocol will allow. As always, we encourage and recommend highly that any investor do their own due diligence prior to making any investment, and we do not advocate purchasing shares in any company based on this recommendation and/or technical analysis alone. PLEASE CONTACT LA GUARDIA GFS AT 800.292.1361 OR COMERCIO@RIOGRANDE.NET.MX WITH ANY QUESTIONS PERTAINING THIS E-MAIL.