Re: Urgent Stock Buy: FDNI 6950
Posted in 1999
Come on, you don't want to help this guy make a couple of bucks manipulating a penny stock at your expense? How unfriendly! stock_maven@shootersnet23.com wrote: > Please forward this message to anyone you know who is active in the stock market. > > See Below for Press Release > xXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxX > > Dear Friends, > > I am not a finance professional nor am I connected to FDNI in any way. > > I recently stumbled onto this OTC stock (FDNI) while searching through yahoo for small float, big potential stocks. At the time, the company had released a press release which stated they were doing a stock buyback. Intrigued, I bought 5,000 shares at $.75 each. The stock went to $1.50 and I sold my shares. I then bought them back at $1.15. The company then circulated another press release about a foreign acquisition (see below). The stock jumped to $2.75 (I sold @ $2.50 for a massive profit). I then bought back in at $1.00 where I am holding until the next major piece of news. > > If you look at the recent volume, it has been consistently growing and i think proves that something much bigger is happening here. I suggest buying 5,000-10,000 shares of this stock as it is still cheap and I believe we can all make a tidy profit. > > Company Press Release > SOURCE: FON Digitel Network, Inc. > FON Digital Network Acquires 55% Of Digitel, Inc. > > ORLANDO, Fla., April 7 /PRNewswire/ -- FON Digital Network, Inc. (OTC Bulletin Board: FDNI - news) announced today the acquisition of 55% of Digitel, Inc. for 8.5 million dollars. Digitel, Inc. is only one of two companies licensed by the Madagascar Country to offer Local Service, Long Distance and International Services in the East African Country of Madagascar. It is estimated this service on billed out will have a value of 1.4 billion dollars. > > Effective this month, Digitel will be switching all of its international phone traffic to the FDNI Orlando switch. > FDNI is now primarily engaged in the telecommunications business and is a leader in new wireless technology. FDNI will be concentrating its efforts on the new wireless market in Central and South America. FDNI is an interstate and international common carrier headquartered in Orlando, Florida. FDNI provides highly automated network facilities for wholesale and retail telecommunication services. > FON Digital Network, Inc. is an interstate and international common carrier headquartered in Orlando, Florida. FON Digital Network, Inc. provides highly automated network facilities for wholesale and retail telecommunication services. > > For more information on Ultrafit, visit their web site at: http://www.ultrahealth.com > Corporate Advertising and Public Relations handled by Corporate Imaging. > For further information, contact Neil Rand: Telephone: (623) 847-6000 or Facsimile: (623) 847-6006 > Information herein was derived from sources seeming to be reliable. No assurance can be made that the information is accurate, or that projected results will be achieved. Statements in this release are made pursuant to the ``Safe Harbor'' provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that like forward looking statements, certain risks and uncertainties are involved, including without limitation, continued acceptance of the company's services, increased levels of competition for the company and dependence on the performance of the management of the company. > SOURCE: FON Digitel Network, Inc. > > Company Press Release > SOURCE: FON Digital Network, Inc. > Ultrafit Centers, Inc. Completes One for Two Stock Split With FON Digital Network, Inc. > SAN ANTONIO, March 31 /PRNewswire/ -- Ultrafit Centers, Inc., (formerly OTC Bulletin Board: UFCI) is now known as FON Digital Network, Inc. (OTC Bulletin Board: FDNI - news) due to its commitment to being a telecommunication arena. In conjunction with the Ultrafit acquisition of FON Digital Network, Inc., a 1 for 2 forward stock split was announced for shareholders of record as of February 20, 1999. At that time, there were 2,005,243 total outstanding shares, 741,958 free trading shares and 1,263,285 restricted shares of stock. This split does not affect any shares bought and sold after February 20, 1999. > > Ultrafit Centers, Inc. Completes One for Two Stock Split With FON Digital Network, Inc. > SAN ANTONIO, March 31 /PRNewswire/ -- Ultrafit Centers, Inc., (formerly OTC Bulletin Board: UFCI) is now known as FON Digital Network, Inc. (OTC Bulletin Board: FDNI - news) due to its commitment to being a telecommunication arena. In conjunction with the Ultrafit acquisition of FON Digital Network, Inc., a 1 for 2 forward stock split was announced for shareholders of record as of February 20, 1999. At that time, there were 2,005,243 total outstanding shares, 741,958 free trading shares and 1,263,285 restricted shares of stock. This split does not affect any shares bought and sold after February 20, 1999. > > This stock split was a decision based upon the value of the acquisition. For every one share of Ultrafit stock, you now have two shares of FON Digital Network, Inc. stock, which will be replaced. In order to accomplish this, you must send in your stock certificate with a $15 transfer fee to Interwest Transfer Company, ATTN: Catherine Leaututu, P.O. Box 17136, Salt Lake City, UT 84117. > > FON Digital Network, Inc. is all interstate and international common carrier headquartered in Orlando, Florida. FON Digital Network, Inc. provides highly automated network facilities for wholesale and retail telecommunication services. > > Ultrafit is now primarily engaged in the telecommunications business and is a leader in new wireless technology. FDN will be concentrating its efforts on the new wireless market in Central and South America. The phone industry expects the market for these services to exceed 100 billion dollars within the next five years. > xXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxXxX > > J.AKDXu6CEU%uNQ0;\\jX5-.+3s%2N#"=,1"M&ZW8$G7'?Q32vv > gv2b+`1OdPKA`[)fy*#7TVz$4]<n0hs;I7mefckRFR-[B]dhZ, > ^9wp\\&o_w/kjT=l9NgGeMT'lg]#wEk<F?SYr>@PaX2Mm6WM;q( > )&.nbnI_^z',vHbU:txBs":Lo-qY/US*c(ipCp+y@:a.XJZn2K > p[k;2dgFhr'nKZ[Xa/;G"97SY^Pz;/mNRuMTlfI`23ap,\\%Z+I