Internet Public Offerings (IPO's) are direct offerings of an issuer's shares to the public through the company's World Wide Web site.

The Web site serves as a marketplace at which investors can access information related to a small offering and issuing companies can access their potential investors. The securities offered are then sold, either by the issuing companies themselves, or by a broker/dealer affiliated with the IPO Web site. In most cases, there are no commissions involved and no middlemen (i.e.brokers) with which the investor must contend.

Typically shares in a traditional public offering are distributed through underwriters who sell shares to large institutional and preferred customers who then flip the shares to public individual investors and small institutions, who all have to purchase through brokers. By eliminating layers of intermediaries as well as the printing and distribution by post and courier of prospectuses, issuers access to capital at a lower cost. At the same time, public investors will be attracted to the unprecedented opportunity to purchase public offering shares at fair offering prices and without having to use traditional brokers or pay commissions. We believe the opportunity to participate in public offerings on a level playing field with powerful institutional investors will provide a compelling reason for individual investors to purchase shares on-line.

=== WARNING ===

BEWARE OF INTERNET SECURITIES RELATED FRAUD
SEE THE U.S. SECURITIES EXCHANGE COMMISSION ON
HOW TO AVOID INTERNET INVESTMENT SCAMS