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Microcap & Penny Stocks : WCOLLECT (WCLT) -- Ignore unavailable to you. Want to Upgrade?

To: Rollcast... who wrote (166)	5/21/1999 1:17:00 PM
From: janean m	Read Replies (1) \| Respond to of 196

the day has started well, volume is u, price is up. IR tells me that the company was mentioned today on Roseanne. Toshio there was an address in the latest NR that i read for zero.net maybe you can have a look there for info. here's the release Thursday May 20, 9:01 am Eastern Time Company Press Release Zero.net Enters Into Agreement With WCollect.com Corp. BEVERLY HILLS, Calif.--(BUSINESS WIRE)--May 20, 1999-- WCollect.com Corp. (OTC BB:WCLT) has entered into a non-binding Letter of Intent with www.Zero.net, a private company, whereby Zero.net would acquire all of the assets and recorded liabilities of WCollect.com Corp., and all of its subsidiaries, affiliates and in exchange for the issuance of Zero.net common shares. This Agreement is subject to satisfactory due diligence by the management of Zero.net, and WCollect.com Corp. In addition, shareholder, regulatory and WCollect.com Board approval will be required. Zero.net is a Delaware incorporated company, whose initial funding was comprised of a mature portfolio of Internet companies from Dominion Income Management Corp. and Maritime Capital Partners. Through their ''cortal'' (corporate portal) they plan to participate in the operation of rapidly growing Internet businesses, focusing on the business to business segment of E-Commerce. Zero.net will provide the companies in their portfolio with capital, as well as managerial and financial advice from their Directors and executives. Their experienced team of Directors and executives will be particularly valuable in regard to such matters as mergers, acquisitions, and public and private share offerings. Zero.net intends to become a publicly traded entity, during the 2nd half of 1999. It is also possible that the individual companies in their portfolio may become publicly traded entities. Contact: WCollect.com Corp. Arne Carlson, 877/608-1611 investors@WCollect.com www.WCollect.com

To: Rollcast... who wrote (166)	5/24/1999 11:10:00 AM
From: Byter	Respond to of 196

Hi Toshio, I have been away for a few weeks and am just checking in. I remain long WCLT and am wondering if you found out anything when you called the IR dept. ? Thanks, Byter

To: Rollcast... who wrote (166)	5/26/1999 2:35:00 PM
From: janean m	Read Replies (1) \| Respond to of 196

Toshio- i found out a little bit more information on the zero.net deal. check out below10.com there is some interesting stuff. If you are a shareholder on the Date of Record (which they'll announce soon), not only will you get to keep all your shares of WCLT, Zero will issue dividend in stock of 11.9 shares for every 100 shares you own. For an example, if you're a shareholder of 10,000 shares, you will receive 1,190 shares of Zero.net. WCLT will keep trading (at a MUCH higher price I hope). What's more is that WCLT should have a higher asset value. This means they could apply for NASDAQ small-cap. With WCLT price of say $5 per share PLUS what you'll receive in Zero.net shares, .........well, you can just imagine the $$$. Either way, its all around great news for shareholders. And in looking at all that WCLT is accomplishing these days, I don't think this would be any problem for WCLT Good luck. I hope this helps