Nabil, let's review what the company has released over the last few days:
1] Revenues over the past three (3) months have increased at a rate of 65% per month and Valu-net expects to break even, on a monthly basis, by December 31, 1998.
2] Valu-net has now established on line business arrangements with 37 Canadian Internet Service Providers (ISP) servicing over 1,200,000 on line Canadian customers. Effective June 30, 1998, Valu-net ISP partners began to receive co-branded versions of Web-this-Week, customized for individual ISPs. Valu-net is expecting to roll-out this program to US and European Internet Service Providers, beginning November 1998.
3] Valu-net signs a deal with Rogers Communications
Yes, it is true we do not have exact figures. However, the company has advised they expect to break even by December of this year. It is not surprising when you consider the success of their Web This Week program.
More importantly, the company should and will be credited with turning profitable in such a short period of time. After all, we all know that most e-commerce companies including Yahoo, Amazon.com and others are yet to make a profit.
Success comes with time but it is now here for VNE. Profits are sure to follow. How can anyone argue with this?
Regards, Agora Internet Relations Corp.
DISCLOSURE STATEMENT AGORA INTERNET RELATIONS CORP. receives a monthly monetary fee from Valu-net Corporation. for the purposes of communicating with Internet shareholders - both current and prospective - to increase awareness of and interest in Valu-net Corporation. AGORA INTERNET RELATIONS CORP activities are aimed purely at keeping their clients' shareholders and prospective shareholders informed about their company. These activities consist of providing investors with previously disclosed factual information concerning the company, comments from company principals, copies of material that has been filed with regulatory authorities, comments prepared by registered brokers or investment dealers and material published in newspapers, magazines or journals.
AGORA INTERNET RELATIONS CORP does not participate in the maintenance of an orderly market in their client's securities, nor is required, or receives an incentive for, the maintenance or achievement of a price or trading volume for their client's securities at a certain level, for a specified period of time or by a certain date. AGORA INTERNET RELATIONS CORP. may, at any time, own shares in the company |