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Non-Tech : InvestRight Club Challenge -- Ignore unavailable to you. Want to Upgrade?


To: mark garner who wrote (1619)4/23/1999 7:27:00 PM
From: Spark  Read Replies (1) | Respond to of 2662
 
VRDE NEWS!!

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Friday April 23, 4:02 pm Eastern Time
Company Press Release
Veridien Corporation Announces Veridien.com, Inc., a New Subsidiary to Add E-Commerce for Veridien's Products
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--April 23, 1999--Veridien Corporation (OTC BB:VRDE), announced today that it filed incorporation papers to form VERIDIEN.COM, INC. a wholly owned Delaware subsidiary. VERIDIEN.COM, INC. will coordinate and manage all E-Commerce activity for Veridien's VIRAGUARD(r) product line on the Internet. Veridien's patented antiviral and antibacterial products are ideal for consumers as well as medical practitioners alike. Given that the majority of Americans are buying antibacterial products, making our safe, nontoxic, environmentally friendly and efficacious GERM KILLING PRODUCTS available to the consuming public through the Internet is a natural. Veridien is currently being pursued by a number of Internet Commerce corporations to bring VIRAGUARD(r) products to the public through this evolving medium.
Sheldon C. Fenton, C.E.O. of Veridien Corporation stated, ''We are excited about the fact that major forces in the Internet marketplace are pursuing participation with us - we intend to take advantage of this method of sales''.

Veridien.com - Veridien's proposed commercial web site will have E-Commerce product data as well as corporate and general information on the company. Veridien's Business Wire(r) web site (www.businesswire.com/cnn/vrde.shtml) has recently been initiated to provide Internet user's with corporate information including Press Releases, Stock Quotes, and SEC filings. In combination these portals will provide Veridien with the ability to make its patented technology available to service the needs of consumers and businesses desiring to minimize the impact of the ever growing germ problem we must face every day in our environment, well into the next millennium.

Veridien Corporation's flagship product VIRAHOL(r) is a patented, EPA registered, surface disinfectant, environmentally friendly and nontoxic by OSHA Standard 29 CFR 1910.1200, and is available in a variety of sizes for consumer and commercial applications. Additional Veridien products include VIRAGEL(r), a FDA regulated antiseptic hand gel in both consumer and commercial sizes and a FDA regulated first aid antiseptic spray also containing the patented VIRAHOL(r) composition. These products are available in spray, gel and towelette applications.

TOMORROW'S PRODUCTS FOR TODAY

Special Note: Statements in this release are forward looking statements. There are a number of important factors that could cause actual events to differ materially from those indicated by such forward looking statements including market acceptance of, and demand for, the Company's products, manufacturing, development and distributor issues, product pricing, competition and other risks not identified herein.

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Contact:

Atlantic P.R. Services, Inc., Saunderstown, R.I.
Investor Relations
Jim England
401/295-5113



To: mark garner who wrote (1619)4/23/1999 8:23:00 PM
From: Jeffrey L. Henken  Respond to of 2662
 
Mark FCM is on the Index. I really expect it to take off anytime. All you need to do is read the thread header to find the InvestRight Index as I had it added to where it could be very easily found. To make things easy here it is for you and anyone who wants to look:

techstocks.com

It was a big day for many a stock on the InvestRight Index:

Gator's favorite pick EBLD was up 44%

Francois Goelo had a great day! SLEU was up 21%, TLTG was up 19%, VXCH was up 28%, XNET was up 16%

mike.com had a great day with IATV roaring back up 25%

Here is what gets a stock removed from the InvestRight Index. If it's a stock below $3 and it drops more than 30% then it's removed. If it's a stock above $3 then it has to drop only 20% to be removed.

What I am attempting to do with these rules is to point out that investors should reduce their risk by not allowing downward momentum to totally wipe them out. Just because a stock is removed from the Index does not mean it cannot be put back on. For instance I removed GTII today but at the same time I wholeheartedly feel this stock is a strong buy at 5 3/8's. I have personally met the CEO of this company and have complete confidence that this stock is every bit as undervalued at the nearly $12 book value says it is. I also removed FAXX earlier in the week. At the same time I am increasing my position while others sell. I am not doing this because I'm trying to increase my losses. I'm doing it because I feel very strongly that FAXX will turn out to be a long term winner for me. I have averaged down on other stocks before in the face of a great deal of criticism.

Take CCSI as an example. Here is a stock that has been shorted so mercilessly that it's hard to find anyone saying anything positive about it even now that it's really looking good again at 12 5/8's. I was buying last year at $3 a share when others were throwing it away.

I would really like to thank all my friends here that I have met through Silicon Investor. This thread has been a real eye opener for me. It's true the InvestRight Index is not an actual indicator of anyone individual's investment prowess. Standing at a nearly 78% gain for a few months work may, or may not, sound like a lot of money but I can tell you that I do have friends like Francois and Brenda G. who are far surpassing the gains that I have associated with the stocks on the InvestRight Index. My hat goes off to them.

These are rare individuals with incredible gifts who have taken the time to share their wisdom with me and many other investors.

Regards, Jeff