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Thursday, 08/12/2004 11:02:57 PM

Thursday, August 12, 2004 11:02:57 PM

Post# of 219269
FXGP's PR today...

From the PR:

http://ca.us.biz.yahoo.com/bw/040812/125491_1.html

BOCA RATON, Fla.--(BUSINESS WIRE)--Aug. 12, 2004--The FINX GROUP, INC (OTCB;FXGP) through its wholly owned subsidiary Granite Inc. ("Granite"), has just received a consulting contract with Techcombank ("TECHCOMBANK"), a strategic financial institution in the country of Vietnam with offices in Hanoi, Vietnam. The consulting contract is to help provide direction in technical and operational design with their secured real time financial network. The project started last week and will continue through the end of October. Granite has the option to bid on the second phase of the project to sell and implement the defined solution.

Okay....so what do we know of Techcombank? I found this on a search:

http://english.vietnamnet.vn/biz/2004/07/177095/

The State Bank of Vietnam has given the nod to the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) to increase its chartered capital from VND202bil to VND234bil.

This is the 14th time Techcombank has increased its chartered capital since 1993. According to Techcombank, this will be a foundation for the bank to expand its branch network from now to the year’s end and to complete its second phase of technology modernisation.

I'm a shareholder though, so wtfdik anyway....do your own DD...no reccomendation.


If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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