Tom,
I saw your post where you said "JVWB -- I don't see what's the big deal here -- low volume since I've been watching."
Here's my take on JVWB. I expect the volume to be low until their upcoming announcement for two reasons. First, they are very tight-lipped and are not leaking new developments to the public. Secondly, insiders are not buying. Why? Because the float is 380,000 and the company feels that they are NASDAQ bound. To apply for NASDAQ listing, they must have a float of 1,000,000. Their plan is to exercise their warrants when NASDAQ listing becomes a reality, thus putting the number of shares in the float at 1,000,000. Any buying from insiders now would reduce the float even more.
Info from news releases with my comments. ----------------------------------------------------------------------
<<It's past the end of February, so I guess we will be finding out about the "niche marketing plan" very soon and the specific reasons why they now have offices in San Francisco and New York>>
Tuesday February 9, 7:01 am Eastern Time
Company Press Release
JV WEB To Market Specialized Web-Based Service to
Advertising and Public Relations Agencies
HOUSTON--(BUSINESS WIRE)--Feb. 9, 1999--JVWEB Inc.
(OTC BB: JVWB - news) announced that the Company has
developed a web-based communications service, which targets
Advertising and Public Relations Agencies in North America. JVWEB's niche-marketing plan will be launched from the Company's New York satellite office in late February. Advertising and Public
Relations Agencies headquartered in New York City will be introduced to the new high-tech, highly customized service. The Company intends to expand the marketing plan to San Francisco in early March, and anticipates bringing the service to major sites across North America.
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<<10QSB says that they expect benefits of their efforts in the quarter ending 3/31/99. That means within 1 month from now>>
February 12, 1999
JVWEB INC (JVWB)
Quarterly Report (SEC form 10QSB)
In general, JVWeb is structured to pursue two main business
activities: 1) the joint venturing of Brands that have strong on-line
commerce potential, and 2) the building of a strong fee for service
division to deepen our capabilities. In this past quarter,
management refined its focus on building a strong fee for service
division. A significant percentage of the resources of the company
were devoted to developing a well-defined marketing campaign
around very specific consulting services that emphasized the
strengths of the company. At the present time, JVWEb has no
significant contracts signed as a result of these efforts.
Management anticipates seeing the benefits of this effort in the
quarter ending March 31, 1999.
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<<Investors trading in the OTCBB market and the Berlin exchange both will be buying shares from JVWB's tiny float>>
Thursday February 18, 10:10 am Eastern Time
Company Press Release
JV WEB Commences Trading On Berlin Exchange
HOUSTON--(BUSINESS WIRE)--Feb. 18, 1999--JV WEB, INC.
(OTC BB: JVWB and - BE:JW) a strategic Internet services
company today announced the Company has commenced trading on
the Berliner Frieverkehr, the third market segment of the Berlin
Stock Exchange. The Berlin listing with Finacor of Frankfurt,
Germany acting as the JV WEB specialist will provide the
European investment community with direct access to the
company's common shares. |
