Wise Investments

[Scrooge McDuck]

SEC complaint filed against USGA.........
Midland, Texas, Jan 28, 2004 (M2 PRESSWIRE via COMTEX) --

Our-Street.com, an Internet-based, public company watchdog, announced today that it has filed a complaint with the Enforcement Division of the Securities and Exchange Commission against US Global Nanospace, Inc. (OTC BB: USGA). The complaint alleges possible violations of Sections 10b-5, and 13a of the Exchange Act. The complaint can be read in its entirety at http://www.our-street.com/featured.htm

Our-Street.com is an internet based public company watchdog that researches companies and files and publishes reports and complaints with various regulatory agencies. Previously, Our-Street.com's complaint against Aqua Vie Beverage Corporation (OTC BB: AQVB) was followed by a suspension in trading by the SEC and their complaints against Kingdom Ventures, Inc (OTC BB: KDMV) and Epixtar Corp. (OTC BB: EPXR) were followed by the companies'disclosure of investigations being initiated by the SEC and FTC respectively. Epixtar just announced yet another second action was started against it by the FTC. Most recently, Our-Street.com's latest featured company, Calypte Biomedical (OTC BB: CYPT), also disclosed it was informed by the SEC that an informal inquiry had been initiated regarding their activities as well.

Note: Our-street.com is not a financial or investment advisor and is not offering stock for sale or giving investment advice. For investment advice contact a non-conflicted registered investment advisor or non-conflicted broker. The best place to get information about a company is from the SEC.

Specific information about US Global Nanospace can be gotten by using this link: http://www.sec.gov/cgi-bin/browse-edgar?company=us+global+nanospace&CIK= &filenum =&State=&SIC=&owner=include&action=getcompany

Our-Street.com and/or their associates do not have a position in USGA.

Our-Street.com has not been paid or compensated in any way to conduct the research and file this complaint. Our-Street.com is member supported by subscriptions but members do not choose which companies Our-Street.com selects to profile. For more information refer to our disclaimer at www.our-street.com/disclaimer.htm . Our-Street.com strives to be accurate and will promptly correct any errors in posted information. Simply email us with any corrections along with documentation.

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