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Microcap & Penny Stocks : KANA - undiscovered Internet Company! -- Ignore unavailable to you. Want to Upgrade?

To: LORD ERNIE who wrote (1011)	4/12/1999 8:39:00 AM
From: j g cordes	Read Replies (1) \| Respond to of 1268

They want to be on the trading floor. Monday April 12, 5:26 am Eastern Time Company Press Release Kanakaris Internet Capital Growth Plan Announced: S&P, Frankfurt Exchange & OTC Bulletin Board Listings To Be Followed With Form 10, SB-2 & Foreign Exchange Filings NEWPORT BEACH, Calif.--(BUSINESS WIRE)--April 12, 1999--Kanakaris Communications Inc. (OTC BB: KANA), an Internet growth company, announced that as of April 14, 1999, the Company's initial Standard & Poors listing will be published. The Company's shares are actively traded in the United States on the OTC Bulletin Board and in Germany on the Frankfurt Stock Exchange. Kanakaris Communications announced today that it has retained counsel to file a Form 10 application to become a fully reporting company and plans to file a SB-2 registered stock offering application. The Company's counsel has also been requested to assist in application for listing of Kanakaris in additional stock exchanges, including the Greek Exchange. ''The international nature of the Internet business and the Kanakaris Internet business plan situate the Company ideally for potential world exchange listings,'' stated a Kanakaris spokesperson. The long-term goal of Kanakaris is to be listed on either the NASDAQ Small Cap, NASDAQ National Market or AMEX Exchange in the U.S. The Company recently announced that it has obtained a $7 million line of credit from Alliance Equities, and plans to draw up to $250,000 or more monthly for business expansion. Kanakaris Communications is publicly traded on the OTC Bulletin Board and the Frankfurt Stock Exchange. For further information on Kanakaris Communications (www.kanakaris.com), contact Colby Marceau, Director of Public/Investor Relations, at 714/444-0560, fax: 714/549-8970; e-mail: info@kanakaris.com; 3303 Harbor Blvd. No. F-3, Costa Mesa, Calif., 92626.