Get in on How2.com IPO via CITN
Ever wanted to get in on an IPO? Here is a unique way to play an IPO:
Digital marketplace HOW2.com (http://www.how2.com), an Internet subsidiary of Citadel Technology, Inc. (OTC BB: CITN) will soon hold an IPO for How2.com (Trading eventually
under the ticker HTWO.)
IPO.com info:
ipo.com
This from the Dallas WSJ:
Investors who buy shares of Citadel now are buying a large chunk of How2 as well. And
using an educated guess for how How2's offering might price, Dallas hedgefund manager
Wilson Jaeggli calculates that Citadel's ownership in How2 could soon be worth twice:
Citadel's own current market value of about $120 million.
The rest of the article:
ragingbull.com
With a move above $5 a share CITN will apply to the NASDAQ for a listing. Currently
trading at $4.75 a share.
How2.com is a content site that offers it's users (28 million page views in Nov) tutorials on
How2 do everything from work to play. Significant revenues resulting from rebate
processing arm (B2B consumer solution to processing rebates for major companies like
BrandsMart, Staples, etc.) how2hq.com
The rebate program enables consumers to find, file for, track and secure rebates quickly
and easily via the Internet.
Recently announced agreement with GE to process warranties online and allow users to
purchase extended warranties.
biz.yahoo.com
Major inside buys by former tax planning software genius (and current How2.com CEO)
Larry Lacerte (he used to own a tax planning software company purchased by Quicken
that resulted in the TurboTax software that we all use)
400,000 shares at a cost of $1 million of his own money!
biz.yahoo.com
Victor Kiam (of Remington razor fame is chairman of the board of directors for CITN)
biz.yahoo.com
(as posted on Raging Bull) |
