Regent Pacific Properties Inc V.RPP

V.SOM

[geovaun]

PENNY GURU Home Page Pick of the Month for March 2000 Company: SNG Telecom Inc. Nature of Business: Satellite Telecommunications Exchange: CDNX Address: 4715 East 41 Court Spokane, Washington,USA,99209 Symbol: SOM Phone [phone] Email Address: [e-mail] Fax: [phone] Website: www.sngtelecom.com Stock info Authorized Unlimited Issued 12,902,001 Market Cap. 3,579,065 Escrow 4,948,524 Recommendation: This stock is recently new to the CDNX, it was listed on November 26, 1999 and recently had a press release concerning the Company Overview, Fourth Quarter 1999 Highlights dated February 11, 2000. This release gave a solid indication that the company is getting ready to make a move. With 4.9 million shares in escrow and only 12.0 million outstanding, the float is relatively small. The satellite telecommunication industry is growing at a rapid pace and SOM should see some momentum real soon "SNG is a premier provider of mobile satellite uplink and production services (cameras, crews, lighting, audio equipment, graphics, etc) at North American events in support of the broadcast and internet industries in the United States, Canada, Europe, Asia and South America. The company's objective is to consolidate the North American mobile satellite uplink industry through the acquisition of strategic companies. In parallel, the company plans to acquire companies which provide related products and services to the industry. These related products and services include satellite transponder space, production equipment and crewing services, earth stations, telephone services and internet related companies. The resulting vertically integrated company will be uniquely positioned as the only company capable of providing the Industry a turnkey package of services throughout North America with expansion potential around the world. To date, SNG has acquired three private satellite uplink companies. " (quoted from press release dated February 11, 2000) The company is currently expanding in the United States, Canada, Europe, Asia and South America which sounds very impressive. All the company needs to do is to issue a press release stating that they have finalized the purchase of two new satellite uplink vehicles with a major satellite vehicle manufacturer. Also the Penny-Guru feels that this stock will have to raise some money before investors begin to recognize this company’s potential. Penny-Guru’s Price Target $3.45 by the end of July 2000.