Wall Street News Alert: PLYCF Surpasses September Sign-Up Goal!

Market Wire, September, 2004

Wall Street News Alert's "stocks to watch" this morning are: PlayStar Inc. (OTC: PLYCF), Microsoft Corporation (NASDAQ: MSFT), Lucent Technologies Inc. (NYSE: LU) and The Walt Disney Company (NYSE: DIS).

Aggressive investors and traders will want to watch PlayStar Inc. (OTC: PLYCF) this morning! Yesterday after the markets closed, a press release was issued saying that the company has already surpassed its September sign-up goal and signed 150 new Virtual Loan Officers (VLOs) to work as employees with Alternative Mortgage Financing Corporation (AMFC)!

This could be more good news for investors! "We knew this was going to be popular, but even we thought we'd start a little slower than this," commented President Shawn Conti. "It has actually caused us to start re-thinking our projections.... There is still a lot of work ahead." Conti has reason to be cautiously optimistic. With residential lending licenses in 14 states and the ability to write commercial loans nationwide it is not surprising that V-Loan has been able to help AMFC establish a toe-hold in the multi-billion dollar mortgage lending business.

Investors will want to watch this one! V-Loan, Inc. and AMFC have created an alliance to strategically penetrate the mortgage loan origination process by attracting and empowering realtors and entrepreneurs who are on the front lines of cultivating new loans.

The stock closed yesterday at around Forty cents a share.

In case you are not familiar with the company: Headquartered in Melbourne Beach, Florida, V-Loan is revolutionizing the way people obtain mortgages by marrying proprietary technology and network marketing. It's a great way for consumers to get their mortgage from someone they know and trust and a great way for entrepreneurs to earn thousands of dollars in extra income from a $210 billion per year industry.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Microsoft Corporation (NASDAQ: MSFT) up 0.2% on 62 million shares traded, Lucent Technologies Inc. (NYSE: LU) up 1.2% on 36.6 million shares traded and The Walt Disney Company (NYSE: DIS) down 2.4% on 12.9 million shares traded.

Commentary:

"U.S. consumers may soon have to swallow more expensive coffee as soaring futures and rising costs from milk to fuel induce roasters to charge more for the steamy brew, industry participants said," stated Mario Cardenas in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. (WSCF has been compensated Thirty Two Thousand and Five Hundred Dollars for coverage of PlayStar Corporation (OTC: PLYCF), by third parties (Alex Consulting Inc./Audra Inc.), who are non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock. Market commentary provided by Mario Cardenas.

 

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