DAT'S A FACT JACK

[maninfla]

MLON/WLSC/SFNM

TEMPE, Ariz., Dec 9, 2004 /PRNewswire via COMTEX/ -- SurfNet Media Group, Inc. (OTC Bulletin Board: SFNM) announced today that it has entered into a financial advisory agreement with Mellon Research, Inc. (OTCPK: MLON), based in Phoenix, Arizona, for the procurement of $500,000 in bridge financing and the sale of up to $5 million (US) dollars of convertible notes to be issued by SurfNet in a private placement in offshore transactions to foreign investors pursuant to Regulation S under the Securities Act of 1933. The notes will not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.
http://biz.yahoo.com/bw/041209/95399_1.html

SEC reg S
[suggested reading: definitions]
http://www.sec.gov/divisions/corpfin/forms/regs.htm