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To OTC Journal Members:

There is current news on our first and most current profiled companies of 1999, NetSol International (OTC BB: NTWK), and StockGroup.com (OTC BB: SWEB).   Before we cover those, here's some other news.

On Thursday after the close the first official month of playing the Stock Game for cash prizes will end.  We have learned a lot, and it has amazed us the lengths people will go to cheat.

There will be several new rules added to create a better environment that truly simulates profits you could really generate in the market.  Here's the really good news:

Thanks to Sponsorship of the Game, We are Doubling The Prize Money in October.  One of our client companies, StockGroup.com will be picking up sponsorship.  Our friends at Trade Portal, the premier on line brokerage firm for serious traders will also be sponsoring the game.  Active traders should visit their web site at www.tradeportal.com.

Stock Group unveiled the name of their small and micro cap super site today.   They announced that it would be fully deployed operational on October 5th.

The new site will be called www.Smallcapcenter.com, and we have had a sneak peak at its features and function.  It is truly one stop shopping for information on Small and Micro Cap stocks.

To read the entire text of the Press Release, simply click here.

Netsol, our best performer of 1999, announced year end numbers today.  Sales were up 121% over the previous year, and the company announced the first loss in its history, which was attributed mostly to one time charges and costs associated with their acquisitions.

Having completed two additional acquisitions since the end of June, NetSol International will enjoy another year of double digit plus growth. 

Members should note that despite the recent weakness and lack of volume in the Micro Cap sector, this stock has continued to hold up above the $5 level, and they have applied for a NASDAQ listing.  This action suggests that the next volume surge could take the stock above $6, which would be a new all time high.

If you wish to read the entire text of the press release, simply click here.

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The OTCjournal.com Newsletter is an independent electronic publication committed to providing our readers with factual information on selected publicly traded companies. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. All statements and expressions are the sole opinions of the editors and are subject to change without notice. This profile is neither an offer nor solicitation to buy or sell any securities mentioned. This newsletter is owned by SSP Management, Inc, a wholly owned subsidiary of 1st Net Technologies, Inc ("1st Net").  While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The editor, members of the editor's family, and/or entities with which they are affiliated, may own stock in and have other financial dealings with the companies who appear in the publication.  To that degree, this newsletter should not be regarded to be an independent publication.  SSP Management, the parent company of the OTC Journal, has been paid a fee of $50,000 in cash, and 50,000 shares of restricted stock as compensation for representing Netsol International for a period of one year.   SSP Management, the owner of the OTC Journal, has been paid the following fee by Incite Marketing Group acting on behalf of Stockgroup.com: $50,000 in cash, 40,000 shares of restricted stock which will not become free trading until at least August of 2,000, and 100,000 options with an exercise price of $4.  The OTCjournal.com critiques may contain forward looking statements relating to the expected capabilities of the companies mentioned herein.

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