Trader Secrets.com Articulates Near-Term Business Plan
Nevada, Sep 13, 1999 (BUSINESS WIRE) -- Trader Secrets.com (OTC
BB:TSCR; formerly CLNW) Pursuant to its two recent news releases on
August 18th & 25th which announced an agreement with Standard and
Poor's Comstock division, and a Letter of Intent with Cathayonline
Inc.'s wholly owned subsidiary Torch Mail.com, Inc. The agreement with
S & P Comstock licenses the company to provide unlimited free real-time
quotes and financial information regarding all North American stock
exchanges. tradersecrets.com will provide this essential
information to its entire website usership free of charge. It will also
provide this service to its affiliates for free.
In addition, Level 2 market data will be made available for a nominal
fee. Further, said agreement also licenses Tradersecrets.com to furnish
the aforementioned market information TO ALL AFFILIATED
INDUSTRY-RELATED WEBSITES ABSOLUTELY FREE. This service can be provided
to any existing site by way of a separate, aesthetically consistent
quote/information page. It will undoubtedly enhance any financial site
not currently offering this information; and at the lowest possible
cost: FREE.
President of Tradersecrets.com John Heary states, "We want to
revolutionize accessibility to the vital market information that every
individual online investor needs. We also want
tradersecrets.com to be the most useful and informative
investor-oriented site on the web. We won't permit exorbitant fees for
necessary tools, like real-time quotes and Level 2, to stand in the
way. We are leveling the playing field."
Tradersecrets.com anticipates unprecedented traffic volume that may be
yielded via our future international and more immediate Chinese
exposure through relationships such as the one with
Cathayonline/Torchmail. We project their quote demand to be in the
vicinity of 15 to 20 million requests within the first three months.
This high level of traffic will serve to drive our business model which
relies heavily on revenues generated through banner advertising placed
both within tradersecrets.com itself, as well as on all of
the real-time quote/financial information pages we place on the sites
of our future affiliates in every major market in the world. Pursuant
to this objective, Tradersecrets.com plans to expand the real-time and
market information it offers to correspond with every region it serves,
in due course.
The infrastructure necessary to deliver the S & P Comstock
information-feed is presently being installed. It is anticipated that
tradersecrets.com will be fully operational in 4 to 6 weeks.
Free registration is available at the site now.
Statements included in this press release, which are not historical in
nature, are intended to be, and are hereby identified as "forward
looking statements" for purposes of the safe harbor provided by section
21E of the Securities Exchange Act of 1934, as amended by Public Law
104-67. Forward looking statements may be identified by words including
"anticipate", "believe", "intends", "estimates", "potential", "expect",
and similar expressions. The Company cautions readers that forward
looking statements, including without limitation, those relating to the
Company's future business prospects are subject to certain risks and
uncertainties that could cause actual results to differ materially from
those indicated in the forward looking statements.
Copyright (C) 1999 Business Wire. All rights reserved.
CONTACT: Trader Secrets.com
Investor Relations: Andrew Scott, 1-888-988-8581
email: info@tradersecrets.com
WEB PAGE: businesswire.com
GEOGRAPHY: NEVADA
INDUSTRY CODE: BANKING
COMPUTERS/ELECTRONICS
COMED
INTERACTIVE/MULTIMEDIA/INTERNET
TELECOMMUNICATIONS
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