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	 Mon, 24 Sep 2001 10:43:00 +0800
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Date: 24 Sep 2001 10:43:01 +0800

<head>
<title>Market News</title>
</head>
<body lang=EN-US bgcolor="#FFFFFF">
<div class=Section1>
  <p><font face="Arial, Helvetica, sans-serif" size="2">You are receiving this 
    email because you previously stated that you where either interested in the 
    Stock Market or where interested in Making Money. If you received this email 
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  <table border="0" cellspacing="0" cellpadding="0">
    <tr> 
      <td rowspan="2"><font face="Arial, Helvetica, sans-serif"><b><font size="+3">Market 
        News</font></b></font></td>
      <td width="36%"><font face="Arial, Helvetica, sans-serif">Symbol</font></td>
      <td width="9%"><font face="Arial, Helvetica, sans-serif"><b>ETPI</b></font></td>
    </tr>
    <tr> 
      <td width="36%"><font face="Arial, Helvetica, sans-serif">Shares Outstanding</font></td>
      <td width="9%"><font face="Arial, Helvetica, sans-serif">49,962,919</font></td>
    </tr>
    <tr> 
      <td width="55%"><font face="Arial, Helvetica, sans-serif">Rating: Strong 
        Buy</font></td>
      <td width="36%"><font face="Arial, Helvetica, sans-serif">Float (est.)</font></td>
      <td width="9%"><font face="Arial, Helvetica, sans-serif">19,997,412</font></td>
    </tr>
    <tr> 
      <td width="55%"><font face="Arial, Helvetica, sans-serif">Entertainment 
        Technologies and Programs, Inc.</font></td>
      <td width="36%"><font face="Arial, Helvetica, sans-serif">3-6 Month Target</font></td>
      <td width="9%"><font face="Arial, Helvetica, sans-serif">$.50</font></td>
    </tr>
    <tr> 
      <td width="55%"><font face="Arial, Helvetica, sans-serif"><font size="4"><b>(OTC 
        BB:</b> </font><font size="4">ETPI)</font></font></td>
      <td width="36%"><font face="Arial, Helvetica, sans-serif" size="4">12-18 
        Month Target</font></td>
      <td width="9%"><font face="Arial, Helvetica, sans-serif">$ 1.25</font></td>
    </tr>
  </table>
  <p><font face="Arial, Helvetica, sans-serif"><b><i>(OTC BB: 
    ETPI) Extremely Under-Valued. Positioned to EXPLODE!</i></b></font></p>
  <p><font face="Arial, Helvetica, sans-serif">MNA has found 
    yet another exceptional opportunity with a 23yr old company that is the <b>world's 
    largest</b> supplier of entertainment to the military. <b>ETPI</b> has just 
    completed a major turn-around that includes slashing their total liabilities 
    by 60%. The company announced Quarterly financials this week and reported 
    positive earnings per share for the first time in their history! Furthermore, 
    all three of their subsidiaries have become cash flow positive and gross profit 
    margin has increased to a whopping 48%. <b>Look at their press releases!</b> 
    Timing is everything! </font></p>
  <p><font face="Arial, Helvetica, sans-serif" size="3"><b><u>From 
    The Releases</u></b></font></p>
  <p><font face="Arial, Helvetica, sans-serif"><u><font size="3">August 
    15<sup>th:</sup></font></u><font size="3">  "<b><i>Going forward we expect 
    our fourth quarter to remain strong but more importantly, our projections 
    for next fiscal year, which begins October 1, will show a tremendous improvement 
    over this year."</i></b></font></font></p>
  <p><font face="Arial, Helvetica, sans-serif" size="3">"<b><i>The 
    most important factor is the quarter by quarter trend that will be supported 
    by operational budgets for fiscal 2002, which begins October 1 and will be 
    released by next week.</i></b></font></p>
  <p><font face="Arial, Helvetica, sans-serif"><u><font size="3">July 
    2<sup>nd</sup></font></u><font size="3"><sup>:</sup> "<b><i>We have a tremendous 
    opportunity to grow our business by about 40 percent internally for the next 
    year…"</i></b></font></font></p>
  <p><font face="Arial, Helvetica, sans-serif" size="3"><u>July 
    10<sup>th</sup></u>: "…<b><i>the current quarter that we're operating now 
    is going to be our strongest fiscal quarter in the last couple of years, and 
    we expect our fourth quarter to remain strong.</i></b>"  <b>The news goes 
    on and on!</b></font></p>
  <p><font face="Arial, Helvetica, sans-serif" size="3"><b><u>The 
    Company</u></b></font></p>
  <p><font face="Arial, Helvetica, sans-serif"><b><font size="3">ETPI</font><font size="3"> 
    </font></b><font size="3">is a 23-year old company that has been public for 
    six years. It is strategically positioned as the provider of a comprehensive 
    array of entertainment products and services to both military and civilian 
    markets. <b>ETPI</b> is an exclusive supplier of entertainment services on 
    U.S. military 
    bases worldwide and has been awarded an Armed Forces Non-Appropriated Funds 
    (AFNAF) contract that allows them to obtain contracts from the Department 
    of Defense without entering into competitive bidding.</font></font></p>
  <p><font face="Arial, Helvetica, sans-serif" size="3"><b><u>Investment 
    </u></b><b><u>Opportunity</u></b></font></p>
  <p><font face="Arial, Helvetica, sans-serif" size="3">The 
    growth potential for Nitelife is enormous. NiteLife, <b>ETPI</b>'s bread &amp; 
    butter, has no competitors except for the military themselves. There are approximately 
    1200 bases worldwide and presently they service only 68 but that number is 
    steadily growing.</font></p>
  <p><font face="Arial, Helvetica, sans-serif" size="3">The 
    stock is essentially near its all-time low when it should be near it's all-time 
    high. Looking at the new company infrastructure and how the company is recommitted 
    to focusing on core operations, you see the immediate turn from non-profitability 
    and non-cash flow to positive cash flow and positive earnings per share.</font></p>
  <p><font face="Arial, Helvetica, sans-serif" size="3"><b>From a fundamental 
    standpoint, the stock is currently the most attractive an investment that 
    its been in the six years they've been public</b>. The return to profitability, 
    and the budget release, should provide the explosion to propel the stock to 
    many times its current level.   <b>Don't miss this outstanding opportunity!</b></font></p>
  <p>&nbsp;</p>
  <p>&nbsp;</p>
  <p><font face="Arial, Helvetica, sans-serif" size="-7">MNA is an independent 
    research firm with paid subscribers This report is based on MNA's independent 
    analysis but also relies on information supplied by sources believed to be 
    reliable.  This report may or may not be the opinion of ETPI management.  
    MNA has been retained to create this report on ETPI and has been paid 1,000,000 
    shares of common stock by the company.   MNA and its officers and directors 
    may from time to time buy or sell ETPI common shares in the open market without 
    notice. Ongoing technical analysis may from time to time cause the target 
    price to fluctuate without notice.  The information contained in this report 
    is not intended to be, and shall not constitute, an offer to sell or solicitation 
    of any offer to buy any security. It is intended for information only. Consult 
    with your financial advisor about ETPI. Furthermore, Richard Colbert has been 
    paid 200,000 shares of ETPI Common Stock to disseminate this information via 
    email.</font></p>
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<title>Market News</title>
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