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To OTC Journal Members:

1st Net (OTC BB: FNTT) Update

Those members that are shareholders of our parent company, 1st Net Technologies, had to have been pleasantly surprised with the recent surge in the price.  Last Wednesday the stock was trading at $2, and by Monday it had traded as high as $5.25 on 10 times average volume.

Today the stock finally began drifting back down and closed in the $3.50 range.  Any stock which rises 160% in two days is bound to retreat.

We have always felt that the best way to make money in micro cap stocks is to identify several companies that you feel have outstanding upside potential.  The ideal time to accumulate these stocks is when they are at the bottom of their trading ranges with little or no volume.   Put simply: buy them when no one wants them, and wait for events to provide price appreciation and liquidity.  From there, you can either take a short term profit or hold out for larger returns.  The choice is yours.

Picking good bottoms can be challenging, and low volume is one very accurate indicator.  When volume dries up, this indicates that every shareholder that wanted to sell has sold, and the stock can appreciate rapidly with the right news.

Of course, for this formula to work, the Company has to perform, investors have to know it, and you have to have some patience.  We will try to identify good entry levels in the Companies we have covered, and bring you information when the stocks are trading at the low end of their ranges.

The Neptune Society, our October profile is a classic example of a stock which seems to have bottomed in a tight trading range.

Since this stock began to trade on May 3rd of this year, it has only traded below $6 one time at $5.75.  It has traded above $7 several times, suggesting that $6 is an excellent entry level.

Moreover, the Company is a profit making machine.  If you missed our original profile, now would be a good time to go and review it.  You can read the original profile by Clicking Here, in which case you will be taken straight to it.  You can also go to our home page at www.otcjournal.com and click on the "Current Profile" button.

If you have an interest in following the progress of this company, please sign their mailing list, and you will be provided with automatic updates.  You can get to the guest book by Clicking Here, or visiting their web site at www.neptunesociety.com.

In keeping with their promise to begin an aggressive expansion program, the Company announced today the opening of a new branch in the lucrative Miami market.  To read the complete 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 owner of the OTC Journal has been paid the following fee by BG Capital Group on behalf of Neptune Society to represent Neptune for a period of one year: $50,000 in cash, and 100,000 options exercisable at $4.  The terms of the contract do not allow the exercise of the aforememtioned options for a period of one year from the release of this profile. The OTCjournal.com critiques may contain forward looking statements relating to the expected capabilities of the companies mentioned herein.

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