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Pastimes : Georgia Bard's Corner

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To: Ga Bard who wrote (6953)9/22/1999 11:39:00 AM
From: bob sims  Read Replies (1) of 9440
 
Gary, look at this from INFE:

This will serve as an udate for shareholders. We have reached an agreement in principle to acquire a privately held company that specializes in internet Mergers & Acquisitions and capital formation for Internet based companies.
This represents a very excitiong opportunity for Infocall in that it brings us a tremendous introduction to Internet Technology Companies who need Personnel Services and Funding.
With this in mind, we have decided to re-direct our focus as a company from strictly Personnel services to Internet Technology Consulting, Staffing and Funding. Our new model is based on the NASDAQ - CMGI model. CMGI has been very successful with this model and their stock price reflects their success.
I will be distributing a new business plan shortly that will reflect this new model. We will be changing the name of our company to INFE.COM, Inc. which will have the meaning of "Incubators For E-Commerce".
We will have three divisions, INFE-Ventures, INFE-Technologies and INFE-Human Resources. We still intend to finish the acquisitions we have under letter of intent, and proceed to complete our audits to become fully reporting. To expedite this process we have brought in a temporary "full time" CPA and expect to complete this work shortly.
We have bounced our new plan off of the Wall Street investment community and they think we are definitely on the right track with this one.
As a result we have new money committed that will insure that we can complete a good portion of our acquisitons. The new company profile is already in motion, as we have three companies lined up to take advantage of our newly formed ventures division.
For those of you who would like a copy of our new business plan draft, please Email me a message and I will send it as an attachment.
I am confident that our company will generate a much improved stock multiple valuation when we announce our new plans to the public.
Your comments and support are welcome.

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