from raging BS some DD
By: lokiabove
Reply To: None Thursday, 16 Sep 1999 at 6:32 PM EDT
Post # of 1969
DD PACKAGE FOR Evision USA (EVIS):
Here is a link to the Yahoo recent news and profile for EVIS which shows details on EVIS:
PROFILE: biz.yahoo.com
RECENT NEWS: biz.yahoo.com
Subsidaries:
secutron.com
midrangesolutions.com
ebankerusa.com
ebrokerusa.com
quakerfunds.com (letter of intent to acquire)
Q6 Technologies (x-ceo of Primestar at the head)
American Fronteer Financial Corporation
Accounting firm for EVIS: (fully reporting to SEC)
dttus.com
Recent research report issued on multex.com here is the link:
yahoo.multexinvestor.com
Frontier Financial Holdings (FDIR) changed their name to Evision USA trading under the symbol OTC:BB EVIS
This press release from March lists some of the projects being worked on at EVIS as well as some background information on the company:
DENVER, March 30 /PRNewswire/ -- Fronteer Financial Holdings, Ltd.
(Fronteer) (OTC Bulletin Board: FDIR) and privately held Q6 Group, Ltd.
announced today the formation of a business venture which will focus on
the development of business opportunities in technology-based virtual
processing arenas. The new initiative, named Q6 Technologies, Inc., will
focus initially on value-added transactions processing for selected
e-commerce applications, as well as the development of commercial
opportunities in digital Geographic Information Services (GIS) and in
satellite Internet Protocol multicasting.
Q6 Technologies, Inc. will be headed by John J. Cusick, as Chairman and
CEO. Mr. Cusick has an extensive background in the development of
successful technology-based firms. He was the founder, chairman, and
CEO of PrimeStar, the first digital satellite television service in the world.
He launched PrimeStar from concept to its first million subscribers. The
Company was recently sold for nearly $2 billion. In addition, Mr. Cusick
was a founding director and investor in SSDS, Inc., a Colorado-based
pioneer in client-server computer networking, which was sold to United
Video Satellite Group in 1995. He has served as Director, President, and
CEO of several other ventures, including the Swedish-owned Innova
International Corporation, a $250 million revenue group of firms engaged in
cellular telephony and networking services.
Fronteer Financial Holdings, Ltd. is a Denver-based holding company with
consolidated entities that include American Fronteer Financial Corporation
(AFFC), a regional securities broker/dealer headquartered in Denver with
branches in New York; Chicago; San Francisco; Atlanta; Dallas; New
Orleans; Reston, Virginia; Las Vegas; West Palm Beach; Colorado
Springs; and Albany.
Fronteer also controls Secutron Corp., a computer systems and services
company, and eBankerUSA.com, Inc. (eBanker). The formation of Q6
Technologies, Inc. represents the next step in the movement of several
consolidated subsidiaries of Fronteer to Web-based business strategies.
The first step was the formation of eBanker, an Internet-based high-yield
lending operation. The second step was the establishment of
eBrokerUSA.COM, Inc. (eBroker), which plans to establish an on-line
securities brokerage business.
Q6 Group, Ltd., the other principal in the business venture, is a privately
held firm based in Princeton, N.J., which has made investments in
computing networking, satellite broadcasting, digital telephone switching
and bio-technology ventures.
8/4/99 For the nine months ended June 30, 1999, eVision reported
revenues of $28,186,000, an increase of $8,346,000 or 42.1% over
revenues for the comparable prior year period.
NOTE: EVIS formed a technoloogical advisory committee in June of this year. Here is the news link:
quote.bloomberg.com
FINALLY: it should be noted that that the Quaker Funds offer values EVIS at $3 a share for the shares being used to purchase controlling interest. EVIS currently trades at a substantial discount to this price. Here is a link to the press release:
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