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Saturday, 06/05/2004 12:40:26 AM

Saturday, June 05, 2004 12:40:26 AM

Post# of 358425
A LAWYER'S VIEW ON THIS LATEST PR.

First things first, let me say that I will be buying the living shit out of this stock on Monday. Ok, now that you know I'm slightly biased, here are my thoughts. All are my OPINION and as a lawyer I'll add thirty other disclaimers as to doing your own damn due diligence. LOL

Ok, bottom line is that this is REALLY damn impressive. This firm is ranked #133 based on revenue. Among counsel for debt underwriting, they rank number 10. And if you do a little research into their background and their partners, you will discover that they are one of the absolute LEADERS in dealing with private equity funds in the WORLD. Re-read that last sentence. That is not puffery. That is fact. Ask around my friends. I'm just telling you what I know. These guys are heavy hitters when it comes to financing and securities. As in the big boys.

In my opinion, there is a very clear reason as to why this company is bringing its filings and legal work to a law firm of this indisputable caliber prior to dealing with the SEC. There must be some very important things that must be handled. I know from experience that filing with the SEC to get OTC trading approval is something any two-bit securities attorney can handle. Yes, some suck at it and it will take longer but most competent attorneys can handle it for a LOT less than a top tier firm (and many probably for a cut in the action). But when you step up to a firm of EdwardsAngell's level, this is a whole new level. Now you are making sure that everything will be perfect. You are making sure that credibility, respect and thoroughness are attached to every letter on every document. Now ask yourself ... why would a company trading at .0001 earlier this week be going to these lengths? As a pink sheet, they don't have to and nobody would care much if they just used an average attorney. But they are not. They have selected from the best and probably picked one of a handful that has the unparalleled experience and connections with private equity funds that others cannot match.

Here's a link to confirm some information:

http://www.martindale.com/xp/Martindale/Lawyer_Locator/Search_Lawyer_Locator/alm_info.xml?alm_id=97&...

I'm also impressed that this press release went out tonight. It shows that the earlier press release wasn't just a pump. They followed up on it. Kudos to management for that effort.

My personal opinion is that this is a very, very unusual move for a pink sheet company to make. I've genuinely not heard of a pink sheet company before going with a law firm of this level for its filings. 99% of OTC stocks ALREADY LISTED don't go with a firm or accountant at this level.

Take it for what it's worth but this looks like a huge hint of epic proportions. Yes, this is all still risky as any submicropenny mining stock would be. But in my 10 years playing the pennies (a hobby of mine), I've not seen this.

Good luck to everyone. I'm buying what I can under .001 next week. You do what you want. This is one risk WELL worth taking in my opinion. By the way, here's a few clients of Edwards Angell:

Bear Stearns
Citizen Bank
Columbia Capital
Fleet Boston
John Hancock Insurance
MassMutual
Merck Capital Ventures
PNC
Providence Equity
Providian
Travelers
UBS
Wells Fargo

Any of those ring a bell? LOL

Wow.

Z

As always, these are my personal opinions.

Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.

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