August 31, 1998

SPECIAL UPDATE REPORT: UPCOMING PROFILE

Dear Subscribers:

We have not published a profile since May 15th, when we released Wordcraft Systems (OTC BB: WORC). To date this year we have profiled two companies. One was Wordcraft Systems (OTC BB: WORC), which was up 280% at the high from the closing price on May 15th, the date we originally featured the Company.

The other Company we covered was Ontro (Nasdaq: ONTR). We suggested that our subscribers call the Underwriter and ask to participate in the new issue of this Company back in May. This new issue traded up to a 102% premium at the high on its first day of trading.

We have not released another profile since that time for two reasons. First, we were uncomfortable with the lofty levels that the market had reached. We had a feeling that we were due for a big correction. Secondly, we hadn't identified a Company we felt met our highly selective criteria.

Over the last two weeks the market has been undergoing a serious correction. Today the Dow Jones Industrial Average dropped 512 points, losing 6.37% of its value. The Nasdaq market was down 140 points, losing 8.56% of its value. If you turn on the TV or open a newspaper you will hear and read doom and gloom. The "BEAR" market has arrived according to the experts.

This has been a very substantial sell-off, and it may not be over. However, the average OTC stock is now down more than 50% from its 52-week high. Therefore, we know the bottom is not too far away.

We have been waiting for this big correction to provide our subscribers with a new profile.

On Wednesday, September 2nd, we will be releasing our first profile since May. The Company we will be featuring was up 7.11% in today's bloodbath. That statistic alone is very impressive. This is a Company that we are very excited about having the opportunity to represent and bring to our exclusive E-Mail Subscribers. Check your Computer Wednesday evening. We hope you're impressed also. We feel that this could be a good one.

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. 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. Generally, OTCJournal.com will receive some for 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 verify all information which they find on this site with the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasdr.com. 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 website. You can unsubscribe from this list at any time by sending an e-mail message to info@otcjournal.com" and by putting "unsubscribe" as the subject.