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Microcap & Penny Stocks : ASK THE "FUEL" -- Ignore unavailable to you. Want to Upgrade?


To: RavenCrazy who wrote (361)4/19/1999 10:26:00 PM
From: TOPFUEL  Respond to of 564
 
Hi Raven I bought a few shares today of KYOM . Risky play though if this all comes true on lottery deal in China look out:)

Monday March 8, 2:10 pm Eastern Time

Company Press Release

Kyocera Management, Ltd. Announces Lottery
Opportunity in China

NEW YORK--(BUSINESS WIRE)--March 8, 1999--The Board of Directors of Kyocera
Management, Ltd. (OTC BB:KYOM - news) announces that it has entered into a
Memorandum of Understanding with a company domiciled in the Peoples Republic of China (''China'') to establish a joint
venture to market a government sanctioned lottery in China.

The lottery would mirror the systems presently being used in the United States and Canada, with extensive controls and
reporting.

The Company has targeted a city in China with a population in excess of eight million people to launch the project. The
installation of approximately 200 electronic lottery kiosks is expected during the first phase of operations.

The lottery project confirms the focus of the Company to engage in businesses which have established and proven
management, and provide significant cash flow opportunities

The Company is currently preparing its Form 10-SB registration statement for submission to the S.E.C. to enable it to become
a reporting issuer.

On Behalf of the Board of Directors Bruce Ransom, President

Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as
''forward-looking statements'' for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of
1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including ''anticipate,''
''believe,'' ''intends,'' ''estimates,'' ''expect,'' and similar expressions. The Company cautions readers that forward-looking
statements, including without limitation, those relating to the Company's future business prospects are subject to certain risks
and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.