Message-ID: <32688575.1075840799433.JavaMail.evans@thyme> Date: Thu, 24 Jan 2002 15:22:35 -0800 (PST) From: specialalert@crmems.com To: jeff.king@enron.com Subject: GSBF Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "SPECIAL ALERT" @ENRON X-To: King, Jeff X-cc: X-bcc: X-Folder: \ExMerge - King, Jeff\Deleted Items X-Origin: KING-J X-FileName: jeff king 6-26-02.PST Welcome, the newsletter to which you were subscribed has merged with SPECIAL ALERT. We trust you will enjoy learning about our advertised companies. If you have received this email in error or wish to be removed from the mailing list simply click on the link at the end of the newsletter. GSB FINANCIAL SERVICES (Symbol: GSBF) Latest price: 40 cents GSBF could trade up dramatically on this news announcement, released after market close. The figures in the press release speak for themselves. It' s a powerful story, which should certainly excite people and this so far overlooked company could soon take on a high profile. At just 40 cents the potential for large short-term gains is huge. Long- term profits here could be exponential. GSB FINANCIAL SERVICES ANNOUNCES MERCHANT CARD PROCESSING BUSINESS OPPORTUNITY LOS ANGELES, Jan 24, 2002 -- GSB Financial Services Inc. (Symbol: GSBF) Thursday announced it is in negotiations for the placement and processing of up to $100 million per month in credit card transactions. GSBF and its alliance partners provide data processing for credit card transactions accepted by merchants as payment for goods and services. GSBF is in advanced stages of an agreement with merchants who have credit card processing business and with acquiring banks that process such business. GSBF will receive a minimum of 2 percent of all placed processing business. GSBF, as part of this transaction, will employ certain technologies it has under license to expedite credit card processing with the acquiring bank, which will do the data processing and actual collection of funds. Steve Browning, chief executive officer of GSBF, said, "We are quickly achieving our targets for the acquiring bank business. By providing the merchant and the processing bank advanced technology solutions, we are helping both sides of the transaction to lower credit card fraud risk and to increase profits. "So far, our proprietary business model is being accepted by merchants and financial institutions alike." About GSB Financial Services Inc. GSBF is a 21st Century financial group. It employes cutting- edge technology to take advantage of existing and emerging e-commerce and e-finance opportunities. GSBF expressly looks to the banking and finance industries to increase its market share. GSBF markets to existing credit card processors, credit card issuers and high-technology companies looking for new and innovative means to increase profits and customer satisfaction. GSBF has offices in the United States and Canada. For up-to-date corporate information about GSBF, international callers contact Brian Longpre at 011-4194-912- 2760; North America callers contact Ron Hendrickson at 877/609-0442 or Al Marchi at 480/949-7965. (For previous news releases and company profile click on www.otcinfo.net.) Statements which are not historical facts are forward- looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward- looking statements. It is impossible to identify all such factors which could cause actual results to differ materially from those estimated by the company. They include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the company's public announcements. CONTACT: GSB Financial Services Inc. Brian Longpre, 011-4194-912-2760 (international calls) Ron Hendrickson, 877/609-0442 (North America calls) or Al Marchi, 480/949-7965 IMPORTANT NOTICE AND DISCLAIMER: The purpose of this advertisement, like any advertising, is to provide coverage and publicity for the advertising company, its products or services. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Verify all claims and do your own due diligence. This advertisement is not a solicitation or recommendation to buy, sell or hold securities and does not provide an analysis of the financial position of the company. 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Any reference to past performance(s) of companies previously advertised are specially selected to be referenced based on the favorable performance of these companies and the companies referenced may not be representative of all past advertised companies as not all past advertised companies may have performed as well. Readers are cautioned that small and micro-cap stocks are high-risk investments and that they may lose all or a portion of their investment if they make a purchase in our advertised stocks. In order to be in full compliance with the U.S. Securities Act of 1933, Section 17(b), we have received 100,000 free trading shares of GSB Financial Services, Inc. from a third party as compensation for the distribution of this and other advertisements. Since we have received compensation and hold stock in the advertised company there is an inherent conflict of interest in our statements and opinions and such statements and opinions cannot be considered independent. 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