Random Information Notes Gleaned from the FRTI 10SB..... Part one...
Through our Freerealtime.com Web site, we are a leading Web-based provider
of free, real-time financial market data, financial programming, including news
and research, analytic tools and financial services. Freerealtime.com completed
June 1999 with over **660,000 registered users, a portion of whom hit our site
approximately 135 million times that month, causing in excess of 6 million page
views per market day.....
We have a number of co-brand agreements, including agreements
entered subsequent to the end of Fiscal 1999, with various Web sites,
including BigCharts.com, Zacks.com, Infospace.com, MarketGuide.com,
JAGNotes.com, Telescan.com, WallstreetCity.com, INVESTools.com, and Go2Net.com.....
Subsequent to the end of Fiscal 1999,
we entered into certain agreements under which we will market subscriptions
and share in ongoing subscription revenue, including subscription services
related to market commentary and analysis with JAGNotes.com and
INVESTools.com, and stock screening and technical analysis with
Telscan.com's ProSearch technology and WallStreetCity.com....
We have recently entered into a letter of
intent with Herzog, Heine & Geduld, Inc. to offer Web-based equities
trading on the Freerealtime.com Web site. Such transaction services will
initially be aimed at qualified small institutional investors and may be
expanded in the near term to include retail transaction services, however
there can be no assurance that a definitive agreement will ever be reached.
We are also pursuing an alliance agreement with LifeQuote Venture pursuant
to which we hope to offer our members the ability to receive a quote and
apply for and obtain life insurance....
In March 1999, the final month of Fiscal 1999, we entered into an agency ad
sales contract with AdSmart, Inc., a company owned by CMGI, Inc., to represent
our Web site to advertisers and media buyers. Since that time, we have realized
average monthly growth rate of over 275% in advertising sales through June 30, 1999 as a result of both AdSmart's efforts and those of our in-house ad sales force.....
To be continued...
**NOTE: there are now over 700,000 Subscribers...
|
