Subject: (OTCBB:ASEQE) Taps into Booming Entertainment /Theme Park Industry QWRJ

From: "E Media Service" <[email-masked]>
Date: Fri, 03 May 2002 06:07:57 -1700

EMERGING EQUITY ALERT:  Special Report

Asset Equity Group (OTCBB: ASEQE) Tapping Into the Ever-Growing Entertainment/Theme Park Industry
NEWS: This Just Out  Asset Equity Group CEO Updates Shareholders

Key Points about ASEQE:

Growing Industry  As consumers increasingly spend tens of billions of dollars a year on entertainment, Asset Equity Group has designed an ideal super-complex to capitalize on this exploding market.

Pursuing Impressive Partnerships ASEQE is looking to establish a solid and strong reputation in its burgeoning industry by seeking agreements with all four major professional sports organizations.

Ambitious Plans for Growth    Asset Equity Group expects massive growth from its one planned complex by year-end to at least 15 mega-entertainment complexes within the next 5 years.

Company Name
Current Stock Price
52 Week High
52 Week Low

Asset Equity Group (OTCBB: ASEQE)
$0.01
$3.60
$0.009

The Story

Asset Equity Group is a rapidly up-and-coming entertainment real estate company with a tremendous business plan for the future. It focuses on the booming trend in entertainment spending and acquires properties with the intent to construct high volume mega-entertainment complexes. The business is divided into the following three areas:

America's Playzone

Almost every child in America, and probably almost every adult for that matter, has dreamt about what it would be like to smash a home run out of Yankee stadium or slip a goal past an all-star goalie in a hockey game. ASEQE's new America's Playzone plans on giving its customers that same professional experience. With plans to develop relationships with all four major professional sports, the company has planned on incorporating sport oriented theme parks in its new mega entertainment complex planned for Henderson, Nevada by year end.
In addition to the sports theme parks the new 12-14 acre complex will also boast a state of the art skateboard park and a premier remote control car racetrack as some of its flagship attractions.  With planned alliances with producers of some of the top quality remote control cars in the industry, these attractions are expected to be second to none. Furthermore, not only will revenues be generated from these attractions but also from leading food company endorsements in its food courts thus enhancing the profitability of the operations.

MASTERDOME

Much like America's Playzone, ASEQE's planned 100,000 square foot (appx.) mega complex named Masterdome is expected to open on the Las Vegas strip in the near future. Currently Gameworks, a joint venture between Universal Studios and Sega, enjoys substantial revenues from its 15 worldwide locations and ASEQE plans its Masterdome to be even more technologically advanced than this competition.  Last year alone, Gameworks' 12 US locations alone enjoyed attendances of more than 25 million.  As Las Vegas is rapidly expanding and more and more parents find themselves gambling and in desperate need of entertainment for the younger demographics, Masterdome should prove a tremendous success.

MyMobileCity.com

Since we are in the highly technological 21st century, mymobilecity.com is ASEQÿFFFF92s way to tap into this market.  Mymobilecity.com is a wireless developer and application service provider created to provide businesses with application, service, and distribution solutions on wireless devices. As wireless devices move to become more of everyday business life, ASEQE is positioned to capitalize on this market.

Concluding Thoughts About ASEQE

As Americans spend more and more on entertainment, Asset Equity Group has a vivid plan on how to tap into this market.  Its America's Playzone and Masterdome mega complexes will offer premier state of the art facilities to appeal to all aspects of consumers. From interactive sports theme parks to a skateboard park, ASEQE will provide any form of entertainment desired.

DISCLAIMER:
Information within this email contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements."

Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "projects", "foresee", "expects", "will,"  "anticipates," "estimates," "believes," "understands" or that by statements indicating certain actions "may," "could," or "might" occur.  All information provided within this email pertaining to investing, stocks, securities must be understood as information provided and not investment advice. Emerging Equity Alert advises all readers and subscribers to seek advice from a registered professional securities representative before deciding to trade in stocks featured within this email.  None of the material within this report shall be construed as any kind of investment advice.

In compliance with the Securities Act of 1933, Section17(b), Emerging Equity Alert discloses the receipt of twenty eight million unrestricted shares of ASEQE from a third party for the publication of this report and additional services related to ASEQE.  Be aware of an inherent conflict of interest resulting from such compensation due to our intent to profit from the liquidation of these shares.  Shares may be sold at any time, even after positive statements have been made regarding the aforementioned company.  All factual information in this report was gathered from public sources, including but not limited to SEC filings, Company Press Releases, and Market Guide.  Emerging Equity Alert  believes this information to be reliable but can make no guarantee as to its accuracy or completeness. Use of the material within this email constitutes your acceptance of these terms.