REMINDER/Expert Web Financier Announces Unique Non-Credit Course for ''Capital Starved'' Entrepreneurs, to be Held at the New York City Learning Annex.

Business Editors

REMINDER...for May 25 (Thursday)

--(BUSINESS WIRE)

John K. Romano, former Wall Street Investment Banker, web financier, and president of Virtual Capital Group.Com Inc. will be offering a new course on alternative capital formation techniques using the web. The New York Learning Annex will host this evening course on Thursday May 25th, at 6:30pm. Mr. Romano, the course instructor, and founder of Virtual Capital Group.Com Inc., said he will discuss a little-known government sponsored program known as the Small Corporate Offering Registration (SCOR). Topics covered will include:

-- Is my business idea eligible to use the Internet and a Small Corporate
Offering Registration?

-- What are the advantages of a Small Corporate Offering over the Internet
versus traditional methods?

-- What forms are needed to file a Small Corporate Offering Registration?

-- What are basic steps that must be taken to market a Small Corporate Offering
over the Internet?

Participants will walk away with a better understanding of the basic techniques of finding passive investors for their company over the web through Internet Direct Public Offerings (security offerings done without the help of investment bankers). "It's like learning how to raise money for your business without borrowing," says Romano. The course content will help students better understand and thus ensure complete compliance with all Federal and State security registration guidelines when carrying out a Direct Public Offering (DPO) over the Internet. Romano suggests one should always seek legal advice when doing a Direct Public Offering, however, the government specifically designed it, so anyone can do most of the paperwork themselves to save legal expenses. Mr. Romano believes web-based financing to be a part of a larger trend where the Internet is fundamentally changing the way investors and entrepreneurs come together. Since 1995 thousands of companies throughout the United States have chosen to use web-based offerings and web-based capital matching services to reach potential investors in an effort to bootstrap financing for a new business or product idea. These techniques bypass the traditional channels, i.e., Investment banks, Finance companies, Commercial banks, Venture Capitalists, and Wall Street.

Interested persons should contact the Learning Annex course registration line to confirm seating space at 212/371-0280.