SageGroup Strategies Press Releases

2/15/02 Investors and companies exploited by stock manipulation and shoddy management have powerful new ally

Alameda CA-February 15, 2002-SageGroup Strategies, Inc. announced today that its Small Public Companies Division, a major new entity and initiative, will help small public companies and their investors against stock manipulators, self-serving management, misappropriated investor funds, and other similar serious problems.

SageGroup's Small Public Companies Division will assist small-cap and micro-cap companies, and their shareholders, that are in deep trouble, including having been the victims of stock fraud, deliberate stock dilution, corporate mismanagement, violations of Federal and State securities laws, and other wrongdoing.

Small public companies, their management teams, and their shareholders oftentimes lose substantial sums of investment capital because of the self-serving, malicious, and criminal acts of others. These companies have, sometimes unknowingly, gotten involved with persons whose character is very questionable.

SageGroup stresses that there are various ways to try to substantiate the reputations, track records, suspicious past activities, and credentials of those who get involved with small public companies. As one example, the SEC offers information on brokers and advisers.

However, many small-caps and micro-caps have passed this point and are already victims of the ruthless tactics of stock manipulators and others.

Coming to the fore on behalf of those being wrongly exploited is SageGroup. Among many other major steps, SageGroup will help organize shareholder advocacy groups, advising the action to take to fight those who deliberately exploit others. It has quietly represented shareholders in the past. The formal creation of its new Small Public Companies Division officially confirms the national emphasis it is placing on these problems. SageGroup's commitment to this growing need has become especially urgent due to the stock market decline, the dot-com disasters, the recession, and other recent events.

Larry Lindsey, a Managing Director at SageGroup, noted, "In recent years we have seen a large increase in very questionable, unethical, improper, fraudulent, and other illegal activity. One current example is a Florida small public company where we, and an angry shareholder group, are working with several law firms, various Federal government agencies, the media, and others to oust a very self-serving insider management group who has greatly damaged the company through a series of very bad actions."

Lindsey continued, "Another recent example is a Wisconsin small public company that was being defrauded by a group of East Coast stock manipulators. A third recent example is a Minnesota small public company that was under attack by a majority of its directors who had ulterior motives. SGS was successful in each of these situations but there are so many more situations which have not sought Professional Troubled-Company Specialist help and are close to collapse."

SageGroup Strategies is the largest Professional Troubled-Company Specialist firm in the United States and the world. Notably experienced and knowledgeable, SageGroup prides itself on being very discreet, working with absolute confidentiality and behind the scenes whenever necessary. It has been involved in hundreds of troubled-company situations, including: shareholder advocacy, turnarounds, crisis management, debtor programs, spinouts, restructurings, and reorganizations. As part of its strict confidentiality policies, SageGroup has never disclosed or publicized the names of its clients.

More information is available at www.SageGroupStrategies.com

CONTACT:
Mr. David Lawrence
National Coordination Office
SageGroup Strategies, Inc.
1370 Third Street, Suite 110
Alameda, CA. 94501
510-865-2480 phone
510-865-6654 fax
SGS@SageGroupStrategies.com