If you want to check out a new web/tech stock here are the basic stock highlights for PiGraphix, Inc, (PGRX). If you like what you read and want any more information just contact me for a due diligence or a beta copy CD to check out the software.
Products/Services
An electronic catalogue distributed on CD Rom.
Circumvents download time delay of Internet.
Two proprietary software programs - Pi Interactive Commerce Pro and Pi Electronic Catalog.
These provide merchants and consumers with unique full-service electronic commerce systems.
Combines superior presentation of CD Rom with features of the Internet, such as real time access to inventory and financial databases, inventory control and secure on-line purchasing.
Merchant advantages - No payroll, utilities, insurance or shoplifting and reduced advertising costs.
Consumer advantages - No traffic, parking lots, inclement weather, crowds, or uncooperative clerks and they never sell out.
Clients can sign up for a storefront in a theme mall or have a custom site built.
The Market
SIMBA Information, Inc. reports annual on-line shopping of $200 million in 1994 is expected to grow more than ten times to $2.5 billion by 1998.
Domestic home shopping networks and conventional mail order catalogue sales were $129 billion in 1996.
Weekly audience of approximately three million people - 24 hours a day.
Projections
Fiscal Yr Ending Revenues Pre-tax Income
6-30-98 $1.4 mm $0.75 mm
6-30-99 $7.17 mm $3.77 mm
6-30-00 $12.75 mm $6.36 mm
Corporate Fundamentals/Developments
Revenues generated from four sources - 1) Site development fee, 2) Monthly lease fees, 3) Inventory stocking charges, 4) 10 - 15% of gross merchandise sales.
Company to offer services and products through in- house sales force and direct advertising on the Internet.
Merchants or distributors sign three year exclusive agreements for services (storefronts or custom sites).
Bikini Mall , utilizing Pi Interactive Commerce Pro, opened October, 1997 @ www.bikinimall.com.
Fitnet Mall opened November, 1997 @ www.fitnetmall.com with 7 storefronts and 6 more to be added.
The Fitnet Mall and Bikini Mall will allow shoppers to see merchandise displayed on talking "live" mannequins that provide a complete 360 view.
Each storefront should produce $60,000 in revenues to the company annually.
Pi Graphix anticipates signing 10 storefronts per month. |
