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Microcap & Penny Stocks : DIAMOND EQUITIES DDEQ -- Ignore unavailable to you. Want to Upgrade?


To: Tony Pache who wrote (101)5/7/1999 1:36:00 PM
From: dexx  Respond to of 1143
 
Tony, it is my understanding there are three major underwriters who are competing for the right to IPO GoProfit.com.

As to when the public offering will occur...according to their 8-K dated 4/20/99 which states...

"Diamond agrees on a best efforts basis, to assist GP in raising $400,000 working capital and in immediately filing an SB-2 registration document for fund raising, full reporting status and spin-off purposes to be completed and in registration no later than 120 days from the execution date of this agreement."

...it looks like the public issuance of GoProfit stock should be sometime around the end of July.

Dexx



To: Tony Pache who wrote (101)5/8/1999 7:41:00 PM
From: dexx  Read Replies (2) | Respond to of 1143
 
DDEQ refresher below as we prepare for what I believe will be a big week for DDEQ / GoProfit.com.
_______________________________________________

I am issuing a stock alert on DDEQ for the week of May 10-14.

A highly reliable source has told me that strong news is expected this week on DDEQ.

DDEQ is the owner of GoProfit.com which will be the First-to-Market Multi-language Financial Search Engine. GoProfit.com is partnering with, and will be powered by, major Internet portal provider (INKTOMI - Nasdaq: INKT).

According to those close to the GoProfit.com project, GoProfit.com has the potential to "blow away CBS Marketwatch."

Please keep this stock on your watch lists. See profile of DDEQ below.

Diamond Equities, Inc. (ticker: DDEQ)
2010 E. University Drive, Suite 3
Tempe AZ 85281
(602) 921-2760
(602) 921-2757 - Fax
________________________________________

-DDEQ is FULLY REPORTING and current on all SEC filings.

-Currently trading at around $2.00.

-Outstanding shares 4.6 million (fully diluted including series B stock
is about 22.6 million)

-Float about 1,100,000

-In 1996, DDEQ sold off their telephone business for $2.4 million

-In 1997, the name changed to Diamond Equities since they are targeting
acquisitions

-Diamond Equities is a holding company with two subsidiaries

- In 1998 DDEQ acquired Precision Plastics Moulding

- In 1999, DDEQ acquired GoProfit.com, the world's first
multi-language financial search engine which is going to
be powered by portal giant Inktomi.

- GoProfit.com scheduled to be fully operational this month.

-READ THE MARCH 25TH PRESS RELEASE FROM INKTOMI showing GoProfit as a
major new customer.

- biz.yahoo.com

-Inktomi listed GoProfit as one of their eight new customers in this Inktomi press release.
____________________________________________________

Again, according to those close to the GoProfit.com project, GoProfit.com has the potential to "blow away CBS Marketwatch."

One other thing. I am told that the only way to get pre-IPO shares of GoProfit.com is to own DDEQ stock.

Dexx