Updated profile on INVT that I just sent out to my readers:
This just sent out to my readers regarding INVT:
Please note, that I am NOT an investment professional, licensed or otherwise, nor have I ever been.
I will also point out, that the things stated herein, are only my opinions, and observations, of which I might be right, or that I might be wrong.
Please also read disclaimer at the end of this message:
Hello everyone!
Update on INVT, Optica Communications:
INVT closed on Friday, 3/10/2000 at 7 3/16ths. When we first profiled INVT on 2/23/200, it was at 5 bucks even.
IMHO, I feel the closer to the March 31, 2000 application date for NASDAQ the more this one will get noticed. Last year WAVX was about $9 and when PR came out that they were going to the NASDAQ it ran from $9 to $29 in what I feel IMHO, was a very short period.
An OTCBB stock going to the NASDAQ is like a minor league baseball player going to the major leagues. IMHO, it is a very big deal. IMHO, it is a very real possibility that INVT just MIGHT rise to the $20, to $25 level, within 90 days from March 31st application date.
The reason for this is it takes about 90 days to be accepted for a NASDAQ listing, sometimes less, but 90 days is the target.
Many have said, that the rush to the Internet is akin to the Gold Rush of 1849. In that gold rush, history has taught us that many of the gold miners themselves, went bust. However, there was ONE group, that almost ALWAYS made money during this period. It was the people who sold the ?picks and shovels? to the Gold Miners.
In order to mine for the gold, the miners needed supplies, and picks and shovels.
In this age of the current ?gold miners?, mining the Internet, the ones who IMHO, are selling the ?picks and shovels? to today?s gold miners, are those who are in the Telecommunications business. Those companies who are selling bandwidth like T1?s, T3?s, and Fiber Optics.
Without bandwidth, there IS no internet!
You can NOT have have the information super highway, UNLESS you have the ?roads? to travel on.
IMHO, INVT is such a company that will provide the ?picks and shovels? to today?s current ?gold miners?.
In addition, with the upcoming forward event of per the company, their upcoming application for a NASDAQ listing (March 31, 2000 per a recent PR), IMHO, the stock has the ability to possibly rise significantly in the next 90 days.
Also, surepick recently profiled this company to HIS readers last week here:
bbstockwatch.com
Information from the Raging Bull:
ragingbull.com
By: hello_McFly
Reply To: 36574 by: rberls
Friday, 10 Mar 2000 at 11:21 PM EST
Steph
This was an e-mail I sent to a buddy on 03/01/00, sums up my interpretation of current events...
Optica Communications (symbol INVT) is a brand new company (4 months old) entering the fiber optic networking industry. They've got a pretty amazing business plan that over the next 4 - 10 months will turn them into a National fiber re-seller and network service provider. The company is tightly held and at the cusp of securing $400M in debt and equity financing for their purchase of 20,000 miles of fiber that will connect all the major cities. They will acquire or partner with several (approximately 20) public and private companies (2 of which are already named), to aid them in fulfillment of their service contracts. Their first contract has already been signed (with an as yet un-named international telecom company that is soon to IPO) for $30M worth of service and network planning this year with an option for $50M additional over the next 3 years.
In my opinion at $5 its a steal. Other companies in their industry trade much higher, not like they don't have a lot of growing to do to but the pace of their growth so far has been astounding.
Optica executive Brian Kitts was in NY last week doing a
road show of the company at major brokerages and venture captialist firms. 150,000 investor packets have recently been mailed out world-wide to analysts and traders. Message boards are starting to get hit with rumors in anticipation of a foreign exchange (Frankfurt, Germany)listing in March. From previous calls to the company it has been stated that NO additional shares would be issued in support of another listing, so that means in order to make markets over-seas the european firms will have to obtain their certificates here. Increased demand vs. constricting supply will drive price.
FYI. There is a relatively HUGE short postition (estimated approx 3.5M shares) on the stock since back when it traded in the pennies, and the U.S. Market Makers are staring HUGE losses in the face if they cover their positions at these prices or higher. They know the fuse has been lit though and they've manipulated prices for weeks pushing it between $4.25 and $5.62, buying low and selling high to cover whatever they can.
News of the company's intentions is leaking out slowly since last week as buy sizes have increased day after day, which shows bigger money (institutional?) interest, as well as MM's making progress in decreasing their short. With the share-float estimated to be only 5M shares in active trade availability of large share-blocks are probably hard to come by. Not to mention there was recently a rumor (from an extremely reliable source) that there were only 700 shareholders on record as of 12/31/99, which is great when you think of just how few of those 700 might be trading on any given day (20%-30%?).
I'm pretty excited over this one, I think we're on the verge of seeing a new base price level ($8-10 or higher?). For what its worth I would recommend buying anything that's available south of $5. Venture capitalists have recently put up millions of dollars in exchange for a(fully exercised including warrants) share conversion rate of $3.90 so you can see how special an opportunity to buy at $4.30 would be (10% premium on venture capital rate), heck even $5 is only a 25% premium and you don't even have to have a million dollars.
Good luck in whatever you choose to do, I'm sitting with a sizeable position and buying more daily.
ragingbull.com
By:Zuezz
Reply To: None Saturday, 11 Mar 2000 at 10:48 PM EST
Post # 36767 of 39790
**INVT-quick overview of Fiber Optics Gem****
Overview:
INVT(Optica Communications Group Inc) - INVT is a company that specializes in dark fiber sales, bandwidth sales, and acquisition of complementary companies. The company plans to light fiber along selected strategic routes that will include North America, Europe, Asia, and South America.
***What we have***
1)Acquisition of ZED which has in excess of $20,000,000 in projected revenues for year 2000.
biz.yahoo.com
2)First big contract for $30 million supply agreement with an international long distance company to provide a combination of bandwidth and dark fiber throughout North America. The agreement also gives the customer an option to take up to an additional $50 million of bandwidth and dark fiber over a further three-year period. Also route to overseas in year 2001.
biz.yahoo.com
3)Plans (per PR on 2/17) to file for NASDAQ small cap by end of March(listing by summer), plans to acquire 20,000 miles of Fiber Optics and to raise $400 million to build Fiber Optics infrastructure.
biz.yahoo.com
4)5 million in financing via private placement, 50 million more by April 2000
biz.yahoo.com
5)$5,000,000 equity stake in Omnigon which is building an
advanced global fiber optics network and is going to IPO this year.
6)Great mgmt team who has executed everytime to date and has a great business plan and are in a hot industry.
7)Fully Reporting
**WHAT TO EXPECT***
1) Multiple More Contracts
2) Multiple more acquisitions
3) Listing on foreign exchange by 3/31
4) Application for listing on NASDAQ by 3/31
5) Additional management announcements
FULL DD:
ragingbull.com
--------------------------------------------
OTCBB: INVT, InvestAmerica, Inc. -- Optica Communications Group Inc.
Business: Fiber Optics
Transfer Agent: Olde Momouth 732-872-2727
Douglas Smith : president and chief executive officer
Brian Kitts: secretary treasurer and director
Phone #: 801/808-6096 or 435/615-8801
InvestAmerica, Inc. -- Optica Communications Group Inc.
(Address below, is per the SEC filing. Per the company, the Parent company, Optica Communications Group, is in located in Vancouver, BC, Canada.)
1330 Portside Way
Salt Lake City, Utah 84123
801-808-6096 (Telephone)
485-658-4833 (Fax)
Per the company, the below website, once it is operational, will have up to date information about the parent company, Optica Communications, including it?s (parent's) address, once the website is up.
Here is the company website, that per the company, should hopefully be up and operational, sometime next week.
opticacommunication.com
Current Float is purported to be at 5 Million shares, per the longs of INVT. I have NOT been able to verify this yet, one way or the other. I do suspect however that it might be a bit higher than that figure, IMHO of course.
Per the last filing with the SEC, the O/S is:
Common Stock, $0.001 par value per share, 50,000,000 shares authorized, 30,522,703 issued and outstanding as of December 31, 1999. Preferred Non-Voting Stock, $0.001 par value per share, 5,000,000 shares Authorized, none issued nor outstanding as of December 31, 1999.
Now, my opinion below:
As a telecommunications Technician (my ?day job?), I will tell you that Today Fiber Optics is in HIGH demand. Many times many of the major carriers must wait months for DS3 Facilities, due to the fact that there is no capacity on the existing fiber systems.
IMHO, due to the Explosion of the Internet, bandwidth is something that is IMHO, being gobbled up more and more as time moves on.
IMHO, almost ANYTHING Fiber Optics is, like the Internet, almost like gold. You can NOT have the Internet WITHOUT bandwidth. One example of NOT having enought bandwidth would be, where you would have high speed racing car, or even just a car, any car, but having no ROAD to drive that car on.
Thus, if you have NO bandwidth, you have NO Internet. T1?s, T3?s, OC3?s, OC12?s, OC48?s and OC192?s are the current ?highway?s? right now, that most telecommunications services ride on, INCLUDING the Internet.
With the exception of the T1 and the T3, the rest all ride Fiber Optics to get from one point from another. T1's and T3's tend to ride INSIDE OC systems, so in a way, you could say that they do ride fiber after a time, to get from one location to another.
A little lesson in Telecom for you all here.
1 T1 = 24 separate Telephone lines
1 T3 = 28 T1?s
1 OC3 = 3 T3?s
1 OC12 = 12 T3?s,
1 OC48 = 48 T3's
1 OC192 = 192 T3's
Another form of Fiber Optic connections, is DWDM, which also rides over Fiber Optics, but that isn?t something I think INVT currently does right now.
For more information on T1?s and such, in general, go here:
nightflight.com
nightflight.com
On both of the above links, on the lower bottom, there should be other links to assist you in finding out more about Telecom in general, and Fiber Optics in specific.
With the recent PR that INVT did yesterday, where they announced they would be applying for a NASDAQ listing on March 31st, 2000, it is my humble opinion, that INVT is a long-term stock. One that I myself plan on keeping most of (my current holdings), for some time to come.
Here also are the recent PR?s that INVT has put out:
moneycentral.msn.com
and the recent PR that advises that INVT is going to be applying for the NASDAQ:
moneycentral.msn.com
Here is a link to there SEC filings:
freeedgar.com
And INVT has already passed the OTCBB Eligibility requirements as well:
otcbb.com
Here from the Raging Bull, is a vast amount of Research and DD on INVT done By: Frolich, an INVT long (please note, that the below, is HIS/HER research, and not (Voyager?s) Mine that is):
ragingbull.com
**INVT DD FOR NEWBIES****
**WHAT WE HAVE****
1) First big contract for $30 million supply agreement with an international long distance company to provide a combination of bandwidth and dark fiber throughout North America. The agreement also gives the customer an option to take up to an additional $50 million of bandwidth and dark fiber over a further three-year period. Also route to overseas in year 2001.
2) 5 million in financing via private placement, 50 million more by April 2000
3) LOI for Acquisition of ZED which has $20,000,000 in projected revenues for year 2000.
4)$5,000,000 equity stake in Omnigon which is building an
advanced global fiber optics network and is going to IPO this year
5) Great mgmt team who has executed every time to date and has a great business plan and are in a hot industry.
6) Fully Reporting
**WHAT TO EXPECT***
1) Multiple More Contracts
2) Multiple more acquisitions
3) Listing on foreign exchange
4) Application for listing on NASDAQ
5) Additional management announcements
All News releases:
www2.marketwatch.com
More news coming: ragingbull.com
**INVT OVERVIEW***
Business: Fiber Optics
shares Outstanding: 25,782,703
Float: about 5 million (tightly held)
Transfer Agent: Olde Momouth 732-872-2727
Douglas Smith : president and chief executive officer
Brian Kitts: secretary treasurer and director
Phone #: 801/808-6096 or 435/615-8801
Overview:
INVT(Optica Communications Group Inc) - INVT is a company that specializes in dark fiber sales, bandwidth sales, and acquisition of complementary companies. The company plans to light fiber along selected strategic routes that will include North America, Europe, Asia, and South America. The INVT and Optica merger was completed on 11/22/99 as scheduled. As a result 450,000 preferred shares where issued.
These preferred shares are convertible into common shares starting November 2000 and the conversion rate depends on the performance of OPTICA. The maximum conversion rate is 100 to 1 so an additional 45 million shares could be issued to senior mgmt of Optica.
The SEC filing was submitted on 11/30/99, as scheduled and now they are fully reporting. Great sales/contract information was out on 12/1/99 [a) Huge sales (30 million short term/125 million mid term) b) Multiple acquisitions next 30-90 days]. On 12/3/99 a PR came out about impressive additions to senior mgmt that have previously held leadership positions at companies like Novell, Fujitsu, Microplex, etc.... On 12/7/99 there was another great PR that discusses letter of intent for ZED which has $20,000,000 in projected revenues for year 2000. On 12/9 they issued another press release giving more details about the ZED acquisition and to let shareholders know they plan to apply to the NASDAQ Q1 of 2000.
****On 1/06/2000 they announced there first big contract for $30 million supply agreement with an international long distance company to provide a combination of bandwidth and dark fiber throughout North America. The agreement also gives the customer an option to take up to an additional $50 million of bandwidth and dark fiber over a further three-year period. *****
It also seems they registered the domain name "Opticacommunications.net"
qwho.com
Multiple releases are expected over the next several weeks including further acquisitions, potential contract news, applying for listing on foreign exchange, etc...
Here is news link from ERNST H. GEMASSMER as he was promoted to VP at Fujitsu software before coming to INVT:
ragingbull.com
Here is more about Fred F. Fierling and the private company Microplex which he was president of before coming to INVT.
ragingbull.com
Fiber Optics sector has huge growth potential and below you will see many stocks in that sector trade with PE ratios well over 50. If INVT is able to deliver contracts and a solid business plan then we are looking at stock in the very early phase of a huge growth industry.
Business Plan Overview from News Releases:
From 12/1/99 PR:
"These three areas are dark fiber sales, bandwidth sales, and acquisition of complementary companies that will complete and enhance our service offerings to our customers. "Our strategy for dark fiber sales is to form a consortium of companies to participate in the purchase and lighting of fiber along selected strategic routes that will eventually include all of North America with further connections to Europe, Asia, and South America in that order. "
From 11/11/99 PR:
The business plan has identified two distinct but complimentary opportunities. The first is the arbitraging of dark fiber. Optica intends to acquire dark fiber in quantities of 12 to 44 strands and resell them to companies that only require 2 or 4 strands for their networks. Optica may also offer to manage the fiber for
these customers. By managing a large number of fibers from a central operations center, they will be able to provide this service more cost effectively than each company managing their own network.
Here is link to all news releases on Yahoo.
finance.yahoo.com
How do other Fiber Optic companies trade?
NOPT trading at around $147:
finance.yahoo.com
SCMR trading at around $293:
finance.yahoo.com
FTGX trading at around $19.25:
finance.yahoo.com
An IPO was released on 11/12 for a Fiber Optic subsystem provider. It was priced at 19, opened at 102, and currently at 115. Float is 8.2 million shares. For the fiscal year ended April 30, 1999, FNSR had revenues of $35.5 million and net income of $3.1million.
Great link to Zed and FORE systems partnership (soon to be Optica and FORE when deal is finalized)
ragingbull.com
High Level Speculative Financial Analysis ($75-$130 a share estimate)
ragingbull.com
Technical WDM overview (very fascinating, technical info)
ragingbull.com
Link to quarterly and 8-k filing from 2/15/00
ragingbull.com
ragingbull.com
Link to SEC filing to become fully reporting from 11/30/99
ragingbull.com
Investor who called Company was told to expect "big news"
ragingbull.com
What is Optica's business plan and who are their customers (great info)
ragingbull.com
Here is link to financial forecast from Optica Business Plan.
ragingbull.com
Doug Smith is the CEO of OPTICA who currently Runs ZED Data Systems (18 years old) and work with Cisco,etc..
ragingbull.com
zed.ca
--------------------
Lastly, and I can NOT stress this enough, do your OWN Research and DD, and then, and only then, decide for yourselves if this company, or any of the companies we have profiled or might profile in the future, is something you might or might NOT be interested in.
JMHO, FWIW ....
Voyager
voyagers-stockpicks.com
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