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To: dexx who wrote (12098)4/19/1999 3:28:00 PM
From: Nescom  Read Replies (1) | Respond to of 15987
 
HVAR news out they're making money and going E-Commerce. I like it.
Nescom out-

Monday April 19, 2:38 pm Eastern Time
Company Press Release
Havana Republic Revenues up 185% for Third Quarter
Company to Sell Premium Cigars Via Internet
WESTON, Fla.--(BUSINESS WIRE)--April 19, 1999--Havana Republic (OTC BB:HVAR) announced today that revenues for the third quarter ended March 31, 1999 were up 185% as compared to the same period last year.

The company also announced that it is in the process of completing a fully interactive e-commerce web site which will enable customers to purchase the company's broad product line of premium cigars via the Internet. This on-line site will be operational within 30 to 45 days.

Commenting on the announcement, Stephen Schatzman, President of Havana Republic, said, ''We continued to have strong sales growth for the balance of our third quarter from our existing store locations and are now in the process of implementing an aggressive on-line web strategy to sell our products both domestically and internationally. We are also excited about the opening of our third major cigar emporium, our largest yet in Florida, which is on target for a scheduled May 15 opening in the Shops at Sunset Place in downtown South Miami. The Shops at Sunset Place, the hottest new development in South Florida, will have 600,000 square feet of retail space and will include such major anchor tenants as Niketown and Imax theatres.''

Havana Republic is engaged in the business of owning and operating upscale cigar emporiums devoted to the sale of premium cigars and related merchandise.

Forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in filings with the Securities and Exchange Commission.

--------------------------------------------------------------------------------
Contact:

Havana Republic, Weston
Stephen Schatzman, President
954/384-6333
or
The Pinnacle Group, Great Neck NY
Mark Cohen, 516/773-2477



To: dexx who wrote (12098)4/19/1999 5:07:00 PM
From: Popiye  Read Replies (1) | Respond to of 15987
 
GTMI news! Check out the board of directors. A General, former Agriculture Minister, Presidential Candidate, and the newphew of the Sultan of Bruinei! I don't think there's any doubts that they got the connections to get this deal done!

Global Telemedia Announces Today Anticipated New Members to the Company's Board of Directors ATLANTA--(BUSINESS WIRE)--April 19, 1999--Global Telemedia International, Inc. (OTC Bulletin Board:GTMI - news) announced today anticipated additions to the company's Board of Directors.

It was announced today by Jonathon Bentley-Stevens, Chief Executive Officer of Bentley House Furniture Company, ("BHFC") that the BHFC board members have agreed to become members of the Board of Directors effective upon closing of the reorganization.

Jonathon Bentley-Stevens, who is President, Bentley House International Corporation (Seychelles) and Chief Executive Officer of Bentley House Furniture Company. He is also the author of the Bentley-Tricap Ancestral Land Development Plan, currently in use in the Philippines as a platform for infrastructure and technological development.

Regina S. Peralta, is President of Bentley House Furniture Company, and is also Vice-President of BHTC Sdn. Bhd, a GTMI subsidiary and the Brunei marketing division, and was a Board Member of the Philippine Chamber of Furniture Industries.

Roberto S. Sebastian B.Sc. will act in the capacity of Vice President. He was Ambassador to the World Trade Organization from the Philippines, and Chairman for the Area Development Project Board (GATT Legislation) and is also President of Marsman-Drysdale Estate Plantation Inc. As former Secretary of Agriculture of the Philippines, he brings his international network and marketing skills to the company. He will oversee the plantation development and international export operations of BHFC, which will become a wholly owned subsidiary of GTMI.

YAM (Prince) PG.ANAK HJ. ABDUL WADOOD BOLKIAH BIN PLSCN PG ANAK ABDUL AZIZ, as Vice President representing the oil rich country of Brunei. Prince Wadood Bolkiah is the eldest nephew of the Sultan of Brunei, where he is the Chairman of the National Broadcast Media; BK Vision BSB Broadcast Media; Sebkomm Technology, Communication Systems, SDI Bhd, BSB Brunei and Chairman of BK Network, Advertising, Marketing Promotions, BSB Brunei.

Gen. Renato S. de Villa B.Sc. 5-Star General Chief of Staff and Secretary of National Defense in the Philippines until 1998, he was a Presidential Candidate in 1998 and holds an MA in Business Management and a B.Sc in Economics.

Joemari D. Gerochi B.Sc., MBA. was Consultant to the World Bank Department of Agriculture and Philippines GATT-UR Representative. He holds a Bachelor of Science, Economics and Masters in Business Administration and was Undersecretary of Agriculture of the Philippines until 1998.

"These individuals bring a wealth of expertise to GTMI, in the areas of telecommunications, technology, management, networking and marketing skills," Bentley-Stevens said. "When these new members join the board, they will strengthen and expand the board's focus on the international telecommunications agreements, high quality furniture and interior construction for offices, hotels and resorts, as well as timber exports between the USA, Europe, Australia, Japan and the BIMP-EAGA countries (Asian NAFTA type treaty)."

The statements contained in this release may contain forward-looking statements relating to such matters as anticipated financial performance, business prospects, technological developments, new products, research and development activities and similar matters. The Private Securities Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company's actual results to differ materially from the anticipated results of other expenditures expressed in the Company's forward-looking statements.