FVSN: .43x.46, FoodVision.Com MegaPortal, CNN.COM, B2B
FoodVision.Com is a one-stop MegaPortal sets forth a new industry
standard in on-line food content and e-applications.
foodvision.com
ALERT
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Expecting to announce completion of their web online grocery service
soon, now in beta testing.
HIGHLIGHTS
==========
- 12,109,984 shares outstanding as of 12/07/99
- Food industry is the largest industry in the United States.
- Web site content includes: Recipes, Restaurant Guide, resident experts
for food-related advice and information, product reviews, party ideas, etc.
- Storefront community for B2B (biz to biz) and B2C (biz to consumer)
- CNN.COM: obtained a three-year license and co-branding agreement with CNN
to establish a co-branded web site.
cnn.com
biz.yahoo.com
- Provide groceries via co-branding agreement with Onlinefood.com
- Developing an online auction site specializing in restaurant and food
service equipment.
- STOCK PRICE: high of $2.53 in October 1999.
SEC FILINGS
===========
freeedgar.com
CNN
===
On September 1, 1999, the Company entered into a three-year license and
co-branding agreement with CNN to establish a co-branded web site accessible
via hyperlinks from the FoodVision portal. The Company will be the exclusive
recipe & special events provider for CNN Food Central and in return CNN
provides the FoodVision portal with food related news. The Company chose CNN
based on the high volume of Internet traffic through the CNN website
and the strong credibility of CNN news services.
BUSINESS TO BUSINESS
====================
For food industry professionals, the site currently offers several services
designed to keep the professional updated and current on food industry trends
and business opportunities. The site contains a "Chef's Corner" that allows
members to find out what other chefs are doing and to keep up with the latest
industry trends and information. On October 5, 1999, the Company entered into
a license and co-branding agreement with The Restaurant Report, Inc., whereby
the parties will establish a co-branded web site accessible via hyperlink from
the FoodVision portal.
The Company is also developing its proprietary Design-A-Restaurant concept
with features that allow members to virtually "build" their own restaurant from
the ground up. The program allows members to choose from a variety of restaurant
furniture and fixtures to decorate their own virtual restaurant. When completed,
members will be able to click on a select item and purchase the exact item from
pre-selected vendors. The Company will receive a percentage of the furniture and
fixture sales generated from the Design-A-Restaurant feature.
AGRI-BUSINESS
=============
An entire section of the internet portal is dedicated solely to the agricultural
side of the food business. Producers will be able to use the website to access
important information for their business such as current news, important innovations
and upcoming events. They will also be able to purchase a wide range of machinery,
seed and products to fulfill their specific agri-business needs. The Company entered
into a non-exclusive license and co-branding agreement with eHarvest.com, Inc.
whereby the parties will establish a co-branded web site accessible via hyperlink
from the FoodVision portal. |
