Printer Friendly Announces Investment Opinion on EarthNet.Tv, Inc., NeoTherapeutics Inc., Venture Catalyst Inc., Alottafun! Inc. and e-VideoTV Inc.

Business Editors

NOTE TO EDITORS: The following is an investment opinion issued


WESTON, Fla.--(BUSINESS WIRE)--Feb. 21, 2001

EarthNet.Tv, Inc. (OTC:EATV) just announced the formalization of a strategic alliance with High Plains Internet, an industry-leading Internet service provider and communications network infrastructure solution. Under the terms of the agreement, EarthNet.Tv has identified High Plains Internet as its exclusive provider of Internet infrastructure solutions.

In addition to aiding in the deployment of business solutions, the companies will work jointly to market and support both companies. These efforts will include extensive cross-training efforts on the product lines of each company and the introduction of each company to appropriate customer prospects. CRG believes that this could save the company a substantial amount of money in the long run, and CRG is expecting to see a positive increase to the bottom line due to this agreement. CRG is also hoping to see the stock trading at much higher levels, as the company approaches their 2nd - 3rd quarter.

NeoTherapeutics, Inc. (NASDAQ:NEOT), a biopharmaceutical company focused on the development of small molecule drugs for unmet medical needs and the treatment of important diseases recently presented an update of its strategy and clinical development program to potential investors at the 13th Annual Roth Capital Growth Stock Conference. Alvin J. Glasky, Ph.D., Chairman and CEO discussed the clinical development program for the Company's lead drug, Neotrofin. Within 60 days, NeoTherapeutics expects to begin Phase 2 clinical studies in Parkinson's disease, spinal cord injury and a higher dose 12-week pivotal study in Alzheimer's disease.

Neotrofin is currently being developed for Alzheimer's disease and other neuro-degenerative diseases, such as Parkinson's disease and spinal cord injury. In animal models of cognitive decline, aging and spinal cord injury, Neotrofin has been shown to restore neurological function. The Company believes that there is sufficient evidence to expect that the doses to be used will provide enhanced clinical effects. The study is slated to begin in April 2001, and should be completed by the end of this year. Shares have recently been gaining ground in the low $4 level. Watch this one.

[pilcrow (paragraph sign)] Venture Catalyst Incorporated (NASDAQ:VCAT) gained 30 percent on Tuesday, closing at $1.625 on news that VCAT's Board of Directors has approved a plan to repurchase up to $1 million of VCAT's common stock. VCAT President and CEO Don Speer said, "We believe that VCAT's current stock price does not fully reflect the potential of our strategies and growth prospects. We believe a repurchase plan is a way to deploy our surplus capital and enhance VCAT's value to its shareholders."

The share repurchases are slated to be made from time to time over the next twelve months, at the Company's discretion, as market and business conditions warrant. The shares will be purchased in open market transactions or through privately negotiated transactions. As of December 31, 2000, VCAT had approximately 7.4 million shares outstanding. Investors should consider any dips in the stock due to market conditions as opportunities to accumulate the stock.

Upside Development, Inc., formerly Alottafun! Inc., (OTCBB:ALFN), announced that it has purchased the scrap tire recycling division of Tony Canale, Inc., a privately held company. Upside Development projects that this new operation will have revenues of at least $2,500,000, and profitability in 2001. The tire facility is located on 10 acres of land, and is capable of processing over 2.5 million tires annually.

Michael Porter, CEO of Upside Development, Inc., stated, "Combined with our purchase of Adriatic and Emert Grinding, we now have the capability to collect, process, and sell scrap tires throughout the northeast portion of the United States, and we can develop and maintain our own equipment. We have conservatively projected total sales of $3.7 million this year, we expect profitability, and we are working on several exciting opportunities that we believe will synergize with what we have built so far." Shares of ALFN recently popped 114 percent, to $0.15, on volume of 2,341,000, and should continue to benefit from the Company's acquisition in the intermediate term.

e-VideoTV Inc. (OTCBB:EVTV), a licensor of copy protection technology with its pre-caching VOD delivery technology currently under patent-pending, announced that it will begin licensing Set-Top-Box manufacturers for the sue of Macrovision copy protection for Faster-Than-Real-Time video-on-demand caching. E-VideoTV has the exclusive rights to license FTRT use of Macrovision Corp.'s copy protection technology in the United States.

The Company will earn revenue by charging a license fee plus a royalty on each set-top-box. E-Video also has the exclusive rights in the United States to license all PPV & VOD operators broadcasting via cable, satellite, telco, broadband or wireless to STB's in FTRT.

According to recent studies the worldwide set-top-box market will explode in the next three years with up to 143 million STB's installed in homes by 2004, expanding the market to $5.4 billion. E-VideoTV believes that the only economically viable VOD solution is to cache movies in hard drives in the STB. If they are right, stock in EVTV should explode with the market. Shares were up 24 percent on Tuesday, to $1.218, on 845,000 shares traded.

Wall Street seems to be disappointed about how Mr. Greenspan's testimony fits in with hopes for more aggressive interest rate reductions on the part of the Federal Reserve. And the stock market, technology names in particular, are caught in a tug-of-war between optimism that the Fed's recent rate cuts will help bolster the economy, and pessimism about the weak first-half outlook for corporate profits." Stated Peter Antipatis. More is available at

About, a wholly owned online asset of Capital Research Group, Inc. (CRG) was developed solely for experienced, risk tolerant investors. Subscribers to receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known.

About Capital Research Group Inc.

Through, Capital Research Group (CRG) introduces what in its opinion are undervalued companies to the investment community. Capital Research Group strives to locate companies with enormous growth potential. CRG is a full service public relations / Investor relations firm. For more information about our products or services, please contact CRG at 954-217-9555 or visit us at

All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market marker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. (300,000 EATV) CRG intends to sell its shares. CRG has sold approximately 0 EATV shares to date. CRG may sell its shares for less than the target price given in this opinion. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
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Publication:Business Wire
Date:Feb 21, 2001
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