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Microcap & Penny Stocks : FBRR--FBR Capital---Shell Play w/ tremendous potential

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To: Kurt A. Altmann who wrote (61)5/29/1998 12:09:00 AM
From: Kurt A. Altmann  Read Replies (1) of 72
Is this a possible candidate for the shell?

This news, quite simply, is huge. KCI plans to merge with a private US company, SmartLink
Development Limited Partnership, raise $US 10,000,000 ($CDN 14,000,000) roll the new
company into a US shell and commence trading on a US exchange. You will recall that KCI
recently announced significant profits, for a second consecutive month, totalling $400,000+ over
that time. Pursuant to those earnings, AGORA valued KCI at anywhere between $1.08 and $1.30.
This latest development can only serve to further enhance those valuations.

It is also important to note the two parties have not officially merged as of yet. At this stage, the
parties have signed a Letter of Intent to combine their business. Having said that, parties who have
signed Letters of Intent have passed all preliminary stages of negotiation and typically only require
regulatory and shareholder approval, as well as, the completion of due dilligence to confirm each
other's financial position. In this case, the merger is also conditional on successfully completing the
$US 10,000,000 financing, which is anticipated to be successfully completed. Please refer to the
press release below for specific details.

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