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To: Jeffrey L. Henken who wrote (2452)	5/24/1999 11:32:00 AM
From: Dave Dalry	Respond to of 2662

More exciting news on KANA: News May 24, 10:59 Eastern Time NEWPORT BEACH, CALIF. (May 24) BUSINESS WIRE -May 24, 1999-- Consumers Gain Ability to Experience Streaming Interactive Content from Kanakaris' New Entertainment Sites Without Plug-ins Kanakaris Communications Inc. (OTC BB: KANA) and GEO Interactive (LSE:GIM) jointly announced that Kanakaris has selected GEO Interactive to provide streaming audio and video services for the company's new group of interactive Web sites including a new 24-hour music station, a downloadable motion picture site and a weekly, live streaming video program. GEO's Emblaze technology, which works with any Java-enabled Web browser, will allow Kanakaris' site visitors to experience high-quality streaming audio and video without the hassle of plug-ins. Also, unlike any other streaming media technology, Emblaze enables content providers such as Kanakaris Communications to deliver high-quality audio and video without a dedicated media server. "Clearly, streaming media will drive the future of interactive content on the Web," said Alex Kanakaris, chief executive officer, Kanakaris Communications. "GEO's Emblaze technology is easier for the consumer and that means more traffic to our new sites and happier site visitors who will come back many times." "Kanakaris Communications' new interactive sites will be a perfect showcase of the power of streaming media without plug-ins provided by GEO's Emblaze," said Shai Schiller, CEO, GEO Interactive. "And by offering unlimited streams to all of Kanakaris' new sites, visitors can view or listen to the content quickly and easily." 24-Hour Music Station Kanakaris is currently producing a 24-hour music station Web site, primarily to showcase the music of undiscovered artists. Once the site launches this summer, visitors will be able to test new music using GEO Interactive's plug-in-less streaming technology. If they like the music, they will be able to purchase and download the tracks in a variety of formats including MP3. Live Webcasts Kanakaris Communications currently hosts a periodical Webcast about Internet news and issues called "World Web Watch" that can be found at www.cyberpop.com, www.kanakaris.com and www.netbooks.com. "This alliance was crucial to the growth of our Web site," said Kanakaris. "When we decided to produce a weekly broadcast program over the Internet, our major concern was that our viewers would become disinterested with slow downloads. It was imperative to find a system that could offer our viewers instant online connections." Downloadable Motion Pictures As Kanakaris takes steps in becoming a full-service, interactive media provider, the company envisions the future to include downloadable movies using a custom version of Emblaze with a proprietary security feature designed to Kanakaris' specifications to provide fast, easy and secure streaming. About GEO Interactive GEO Interactive develops leading-edge tools for producing streaming audio, video and graphics content over the Internet. GEO's Emblaze technology streams multimedia content over low bandwidth modems without the need for plug-ins or special server software and is dynamically scalable to intranet speeds, requiring no plug-ins. The Israeli-based company has international operations around the world with its North American headquarters based in Woodland Hills. The company is traded on the London Stock Exchange (LSE:GIM). More information about GEO can be found by visiting www.emblaze.com. About Kanakaris Communications Kanakaris Communications is publicly traded on the OTC Bulletin Board and the Frankfurt Stock Exchange. For further information on Kanakaris Communications contact Colby Marceau, Director of Public/Investor Relations, at 714/444-0561. Interested parties can visit Kanakaris Communications and GEO Interactive on the Web at (www.kanakaris.com) and (www.emblaze.com), respectively. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intent to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings, and other risks. Note to Editors: Emblaze is a trademark of GEO Interactive. All other product and company names may be registered trademarks of their respective owners.

To: Jeffrey L. Henken who wrote (2452)	5/24/1999 1:05:00 PM
From: Francois Goelo	Read Replies (1) \| Respond to of 2662

Jeff, my BHUB comments on Sunday: why accept being shafted??... 1) Here what's clear, IMHO: + New Management (NM) wants 20 Millions to further their plans AND control the Company through a secret deal, distributing cheap shares to their cronies. + Skyridge who has access to more information than most says the PP deal is not yet done. 2) Possible alternative: + Shareholders are pissed at the PP deal made at their expense and want to fight back. They complain to NM and SEC to have the deal cancelled as being unfair to them. + NM, under pressure from both agrees to cancel the PP. The share price responds and, say settles around $10.00 for the time being. 3) Rights issue to raise 20 Millions: + NM still needs its 20 Millions and is now convinced (with the help of the complaints and the SEC) to act fairly towards its shareholders and renounce the idea of controlling the Company's voting power. + It offers a one for one Rights issue at a discount of 25% to the market which, for simplicity of the argument is at $10.00 per share. This grants every shareholder the right to acquire one additional share of BHUB at $7.50! Many longs would be happy at this opportunity. + Those who don't want to take advantage of the offered opportunity, because they don't have the money or for whatever reason, CAN RESELL their rights at a profit. The discount to the market being $2.50, savvy investors would be willing to pay, say $1.50 for each Right to own a BHUB share at $7.50, thereby saving themselves $1.00/share compared to market. 4) Conclusion: The issue of Rights is a very common way to raise capital for Companies that are not primarily interested in shafting their shareholders and would be perfectly suitable in the case of BHUB. Of course, the figures are only example and would have to be fined tuned to obtain the exact amount of financing required. IT WOULD NOT DILUTE CAPITAL AT THE EXPENSE OF SHAREHOLDERS OR VEST CONTROL OF BHUB IN THE HANDS OF A FEW SELECT INSIDERS. The above scenario can still be done if all interested parties write the Company and complain to the SEC at: enforcement@sec.gov Regards, F. Goelo + + + ===================== MONDAY PRESS RELEASE from BHUB ============== biz.yahoo.com These news appear to be bullish, since the Management has understood there is nothing to gain by screwing the stockholders, as they had started off doing. It also shows that enough complaints, including to the SEC, WILL GIVE RESULTS! We could now expect the financing to take place in the form of a second offering, primarily to existing shareholders, hopefully along the lines of what I proposed above, that won't vest control of the Company to management. They are also going to be under much closer scrutiny in future, which bodes well for the stock. All in all, I think SJIG, as a result of the foregoing and in spite of the large existing short position on BHUB, should be doing well in the near future. Regards, F. Goelo + + +