KAZZ INDUSTRIES-A UNIQUE SNOWBOARD CO. AND SO MUCH MORE... Message Board

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Microcap & Penny Stocks : KAZZ INDUSTRIES-A UNIQUE SNOWBOARD CO. AND SO MUCH MORE...

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To: David Michaud who wrote (223)	7/25/1999 12:59:00 AM
From: john	Read Replies (1) of 686

CAPITAL STRUCTURE & TRADING RANGE (as of July 23, 1999) Issued & Outstanding (fully-diluted): ~ 8.1 million shares Est'd Float: ~ 1 million shares 1999 Trading Range: Cdn$0.25 (low) by Cdn$2.10 (high) Nice increase in shareholder value. Founded in 1994, Kazz Industries reported total revenues of about US$1 million in 1998, its first year of test marketing and limited sales of beta products. The first five years seem to be behind them, those are very critical years in a start up operation. For the current fiscal year, KAZ projects total sales of about US$2.4 million and net earnings (before taxes) of about US$200,000. With the planned North American roll-out of its full line of snowboards this coming winter and a full-press marketing / sales campaign, the company's pro forma financials project a big increase in sales (US$10.05 million) in FY 2000, and significant pre-tax income (est'd @ US$3.49 million or US$0.43 / share). .43 cents US earnings, well 10x, PE is 4.30 US dollar share price Canadian $6.45, seems to be good potential for significant gains for shareholders. Projections for FY 2001 look even better, based on the introduction of the Vector goggles and Talon ski poles during the 2000 / 2001 winter season; KAZ is projecting sales of over US$23 million, and estimated pre-tax earnings of US$7.29 million (US$0.90 / share). At a ten times PE that is $13.50 per share Canadian green backs I look forward to seeing further news re this company. Another thought, at .90 cents per share profit US with 8.1 million shares outstanding "KAZ" the profit per share is only 65 cents less then the share price, in Canuck dollars of course. I wish I had of listened to Jim B at the 1.20 level instead of the $1.60 level but I am in for the ride. Good luck KAZ management in the execution of your marketing plans.

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