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OTC Journal
January 14, 2000	Volume III, Issue 3

Email : info@otcjournal.com
URL : http://www.otcjournal.com

To OTC Journal Members:

The response we had to Wednesday's edition on the Private Placement of IXPRES.com was overwhelming. If you filled in the form to request more information, please allow the company at least two weeks to get back in touch with you. They are trying to fill thousands of requests with limited manpower.

Neptune Society (OTC BB: NPTNE)

Neptune was our October profile, and since our coverage began the stock has not done much. They now have the dreaded "E" on the end of their symbol, signifying that they could be delisted from the Bulletin Board if they haven't finished their Form10SB process in the near term.

We learned from management today that they will probably be through the regulatory process within the next ten days, and there is little risk that they will lose their listing.

Furthermore, there have been some very exciting corporate events recently that have gone unreported until they are done with the 10SB process which will come out afterwards.

You might want to read the original profile on this one in anticipation of good things to come. However, only read it if you like companies with good solid fundamentals that make money. If you don't like profitable companies, don't bother. Click Here to read the original profile.

Envoy Communications (TSE: ECG)

Whenever possible we like to pick out one of our covered companies, contact management, interview them, and share the information with you. When we do this, we try to select companies with stocks that we feel are currently undervalued, and have upcoming events which might lead to appreciation.

We have been covering Envoy since July, and we believe that this company will pop up on Wall Street's radar screen this year. If you have any doubt as to why we feel this way, simply examine the table below:

Fiscal 1998 Sales:	$37,844,485	Net Profits:	$1,502,799	Earnings Per Share:	$0.15
Fiscal 1999 Sales:	$138,330,909	Net Profits:	$2,876,763	Earnings Per Share:	$0.20

notes: All figures are in Canadian Dollars and the end of September is Fiscal Year End.

With trailing earnings of $.20 and this explosive growth rate, we believe that if this company were trading on the NASDAQ it would command a PE of at least 50, suggesting a stock price of $10. It closed at $7.35 today.

We spoke with the President Geoff Genovese, and CFO Joe Leder on Wednesday of this week for about two hours to learn where this company is headed.

The first question we asked was when are you going to finally get your NASDAQ listing? We have been talking about it since last summer.

They are currently projecting late February to Early March, and only because the SEC regulatory process is so slow and cumbersome. They also indicated that when it does happen, it will happen with a great deal of publicity.

We also learned that based on the business they currently have booked, they are in a position to enjoy $6 to $7 million in profits this fiscal year, which is about a 41% increase over last year.

More importantly, most of 1999's growth was the result of four acquisitions they completed that year. Their goal is to complete four more acquisitions this year, and hopefully with larger and more profitable companies than in 1999. They believe that they can achieve this.

Another exciting event is the formal launching of their new site- Appstreet.com. It can be found at www.appstreet.com, and the formal launching will be Monday. This is one of the first sites to feature the ability to "rent" certain types of software for unique projects.

Decision Room, the Project management Internet Based software package that they are jointly marketing with IBM (NYSE: IBM) is the flagship product of this new E-Commerce Site. When the original introduction of this product was announced, the stock traded up to an all time high of $10.

Once recognized, we believe that Wall Street will be willing to pay a lot more for the stock than the value it is getting in the relative obscurity of the Toronto Stock Exchange.

We have learned that there is a US trading symbol for the stock. It is ENVFF. We are not sure how it trades, but it can be bought and sold in US dollars under that symbol through your On-Line discount brokerage firm. Your other alternative is to trade it by placing a phone call to your brokerage firm's foreign securities trading desk.

If you have never read about Envoy Communications, you might want to read the original profile, which you can get to by Clicking Here.

Have a nice weekend.

January's profile is scheduled for next Friday, and it will be an exciting company.

Disclaimer
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. SSP Management has been paid a one-time fee of $50,000 for representing Envoy Communications for a period of one year. The fee has been paid by BG Capital Group acting on behalf of Envoy Communications. SSP Management has not been retained by, nor has any formal relationship with Envoy Communications. The OTCjournal.com critiques may contain forward looking statements relating to the expected capabilities of the companies mentioned herein.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF THE EDITORS OF OTCjournal.com.

We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.