EXHIBIT 99.1


               PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 -
                   SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS

     The Private Securities Litigation Reform Act of 1995 provides a safe-harbor
for  forward-looking  statements  made by  public  companies.  This  safe-harbor
protects  a  company  from   securities   law  liability  in   connection   with
forward-looking  statements if the company complies with the requirements of the
safe-harbor.  As a public  company,  the Company has relied and will continue to
rely on the  protection  of the safe harbor in  connection  with its written and
oral forward-looking statements.

     When evaluating the Company's business, you should consider:

     o    all of the information in this quarterly report on Form 10-Q;

     o    the risk factors  described in the Company's  Form 10-K filed with the
          Securities and Exchange Commission on March 30, 2000; and

     o    the risk factors described below.

                                  RISK FACTORS

     Although  the  Company  believes  that the  expectations  reflected  in its
forward-looking  statements are reasonable,  the Company cannot guarantee future
results, levels of activity, performance or achievements or other future events.
Moreover,  neither the Company nor anyone else  assumes  responsibility  for the
accuracy or completeness of forward-looking  statements. You should consider the
Company's forward-looking  statements in light of the following risk factors and
other  information in this quarterly report. If any of the risks described below
occurs,  the Company's  business,  results of operation and financial  condition
could differ from those projected in its forward-looking statements. The Company
is under no duty to update any of its forward-looking  statements after the date
of the quarterly report.  You should not place undue reliance on forward-looking
statements.

Risks to the Company related to its current business situation

     The Company is subject to certain  risks  related to its  current  business
situation. These risks also could cause actual results to differ materially from
results projected in any forward-looking statement in this quarterly report.

The Company will need additional  financing to support its operations and may be
unable to obtain it on commercially reasonable terms, or at all.

     The Company can satisfy its current cash requirements through November 2000
at current  minimum  levels.  Accordingly,  the Company  must raise  substantial
additional  funds to continue as a going  concern.  There is no assurance  that,
after such  period,  the Company  will be able to secure  financing or that such
financing will be obtained on terms favorable to the Company.  Failure to obtain
adequate  financing  raises  substantial  doubt as to the  Company's  ability to
acquire an operating business entity as well as continue as a going concern.

There is  uncertainty  regarding  the  Company's  ability to continue as a going
concern.

     The Company has been in the development  stage since its inception.  It has
had no  significant  operating  revenues  to date,  has  accumulated  losses  of
$2,559,659  and will  require  additional  working  capital to  sustain  current
operations and complete any proposed future acquisition. This raises substantial
doubt as to the Company's ability to continue as a going concern.



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The Company has abandoned its business  operations,  which makes it difficult to
predict its future performance.

     The Company commenced operations in January 1999 and subsequently abandoned
its website hosting,  e-business  services and e-commerce business operations in
January 2000. The Company is currently negotiating to acquire operating business
entities in both the information  technology  consulting and software industries
(the "Target  Companies").  The Company,  however,  has no historical  operating
history  in these  industries  upon  which an  evaluation  of its  business  and
prospects can be based. As a result,  in view of the rapidly  evolving nature of
the Company's  business  situation,  the Company believes that  period-to-period
comparisons of financial  results are not necessarily  meaningful and should not
be relied upon as an indication of future performance.

The Company has a history of losses, expects future losses and may never achieve
profitability.

     The Company has not achieved profitability and expects to continue to incur
operating losses for the foreseeable  future. The Company incurred a net loss of
$1,336,352 for the nine months ended September 30, 2000. The Company has not had
any material revenue in recent years, it has never been profitable and there can
be no  assurance  that,  in the future,  the  Company  will be  profitable  on a
quarterly  or annual  basis.  In  addition,  if the Company  plans to acquire an
operating business entity, its operating expenses will increase significantly.

The  Company  is  subject  to risks  as it makes  acquisitions  and  engages  in
strategic alliances.

     As part of its  business  strategy,  the Company  intends to acquire,  make
investments  in, and enter into  strategic  alliances  with as yet  unidentified
operating  companies.  Any such future  acquisitions,  investments  or strategic
alliances  would  involve  risks,  such as  incorrect  assessment  of the value,
strengths  and   weaknesses  of  acquisition   and   investment   opportunities;
underestimating  the difficulty of  integrating  the operations and personnel of
newly  acquired  companies;  the potential  disruption of any ongoing  business,
including  possible  diversions of resources and management time; and the threat
of impairing  relationships  with employees and customers as a result of changes
in management or ownership.

     There can be no  assurance  that the Company  will be able to  successfully
overcome these risks.  Moreover,  the Company cannot be certain that any desired
acquisition,  investment or strategic alliance can be made in a timely manner or
on terms and  conditions  acceptable  to the Company or that the Company will be
successful in identifying attractive acquisition candidates. The Company expects
that  competition  for such  acquisitions  may be  significant.  The Company may
compete with others who have similar acquisition strategies, many of whom may be
larger and have greater financial and other resources than the Company.

The Company depends upon key personnel.

     The Company's future operating results are  substantially  dependent on the
continued  service and  performance of its senior  personnel:  Damon Poole,  the
Company's  President  and Chief  Executive  Officer,  and Patrick  McGrath,  the
Company's  Chief  Financial  Officer.  The  Company  intends to hire  additional
executives should it acquire an operating business entity.  Competition for such
personnel is intense,  and there can be no assurance that the Company can retain
its key employees or that it will be able to attract or retain highly  qualified
technical and  managerial  personnel in the future.  The loss of the services of
any of the Company's  senior  management or other key employees or the inability
to attract and retain the necessary technical or managerial personnel could have
a material  adverse  effect upon the Company's  business,  financial  condition,
operating  results and cash flows. The Company does not currently  maintain "key
man" insurance for any senior management or other key employees.

Directors and Officers are involved in other projects.

     All of the  officers  and  directors  of the  Company  serve as  directors,
officers  and/or  employees  of companies  other than the Company.  For example,
Patrick  McGrath,  the Company's  Chief Financial  Officer,  currently act as an
independent consultant to other companies.  While the Company believes that such
officers and directors will be devoting adequate time to effectively  manage the
Company, there can be no assurance that such other positions will not negatively
impact an officer's or director's duties to the Company.