F2 Broadcast Network (fka FTWB)

[papaH]

S4DD~

I Prefer Broadwalk... LOL...

Sym, Don't be so fast to discount the value of a merger...

In this market you need all the alliances you can get...

Sure F2 has the PGA TOUR Agreement in its pocket, but it needs cash to be fully implemented. We don't currently know how deep VLUS pockets are... Still trying to DD the directors and officers to see where they came from and how much cash they brought with them.

Do know they have been in the acquiring mode since the market downturn, which tells me they are bargain hunting. Can you think of a better bargain than F2 right now with its 600K+- market cap and .003s share price... Neither can I...

If both VLUS and FBNI are on the verge of profits with little or no debt it would be a good marriage of complimentary services and a one stop shop for end to end streaming services.

We won't know for sure untill VLUS gets their late filing in, but they look to be hovering near profitability depending on how they did this quarter... Should know something soon...

VLUS Internet related revenues were over 700K, so if you add F2s they could crack 1M in revs this quarter... That would make them a projected 4M a year internet company at its current levels... If they can merge and show a profit this quarter... Ohhh Laaa Laaa...

If F2 can sell its station and club and go into a merger debt free its value should go way up for the acquiring company and hopefully to the market as well...

Still digging hard into VLUS and will report what I find... Calling the company tomorrow...

Here's the Dimgroup numbers from the last reported quarter followed by the quarter before PR...

Sym-IMHO these arn't bad numbers compared to what I see happening to other techs... Next week should be fun...

http://www.valusales.com/home.asp

VLUS-Valuesales.com

Financial Profile
quarter ending 2000-09-30

Shares Items
Shares Outstanding 10.00M
Market Capitalization 1.70M

Income Statements
quarter ending 2000-09-30
Revenue 729.2K
Net Income 10.7K

Ratios
Price/Earnings NA
Price/Sales 0.59
Price/Book 8.50

Financial Strength
Cash on Hand 107.9K
Total Liability 464.3K
Total Assets 646.7K

Per-Share Data
Book Value 0.02
Earnings 0.00
Sales 0.29
Cash 0.01


VALUSALES.COM, INC. REPORTS RECORD
QUARTERLY REVENUE AND PROFITS

FT. LAUDERDALE, FL. August 29, 2000 -
ValuSALES.com, Incorporated (OTC: VLUS) a developer of Internet and Technology solutions for businesses to succeed in today's electronic economy is pleased to announce its record financial results for the quarter ended June 30, 2000, as well as the filing of the Company's Form 10-SB with the Securities and Exchange Commission on or before September 30, 2000. The anticipated filing of the form 10-SB represents the first step in becoming an SEC reporting company so that it may be eligible for listing on the National Association of Securities Dealers Over the Counter Bulletin Board (OTC BB). Once the registration statement has been declared effective, VLUS will become a reporting company, filing quarterly and annual financials and other required reports.

For the quarter ending June 30, 2000, revenues were $670,683 with gross margins of 21.3%. The company reported a net profit of $54,190. The strong quarter was primarily attributed to the growth of its Internet and Technology Solutions division.

"We are successfully executing our business plan," said Jeffrey Harrell, CEO of ValuSALES.com, Incorporated, "and are extremely pleased with the results of the second quarter. The growth of our Internet and Technology Solutions division has provided great results for the quarter. We have many of the pieces in place to aggressively drive our growth and continue to significantly increase shareholder value."

Commenting on the Company's Form 10 filing, Mr. Harrell went on to say, "We are pleased to be taking this first step to comply with the NASD Eligibility Rule. The strict audit and legal standards necessary in this process will prepare us well for our role as a fully reporting company."

Recently, ValuSALES.com, Inc. announced the launch of its Internet mortgage division site www.valumortgages.com in both English and Spanish. ValuMortgages.com is a next generation Internet mortgage-banking firm combining Internet technology with its role as a mortgage banker to make mortgages easier, faster, and cheaper for both Spanish- and English-speaking customers to obtain -- and significantly more efficient for investors, lenders, brokers, realtors, and builders to provide.

About ValuSALES.com, Incorporated: ValuSALES.com was incorporated to develop Internet and technology products and related services that enable businesses to maximize the full potential of the Internet. The company provides value-added services that assist clients in establishing, developing, and maintaining their Internet and e-commerce-related businesses. ValuSALES.com companies offer e-commerce solutions, business-to-business services, marketing solutions, web site design and hosting, computer hardware, software & networking, wireless Internet solutions, and Internet Mortgage Banking.

If you have any questions regarding this information please contact the company.

To visit ValuSales.com, Inc. on the web go to:
www.valusales.com
www.valucomputers.com
www.valumortgages.com
www.odysseyadvertising.com
www.webodyssey.cc

Forward-looking statements and comments in this document are made pursuant to the safe harbor provision of Section 21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to increase the level of sales, maintain current sales levels, add new products and services and develop new Web sites are necessarily subject to risks and uncertainties, some of which are significant in scope and nature, including risks related to the demand for the company's products and services competition, and availability of capital.

SOURCE ValuSALES.com, Incorporated (08/29/2000)

CONTACT: Jeffrey Harrell, President CEO of ValuSales.com, Inc.
954-792-3773, or e-mail: [e-mail]
Web site: http://www.valusales.com

STOCK QUOTES ON VLUS CLICK: www.NASDAQ.com

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