Good Morning Marty!
As I mentioned in yesterday's reply to you, I mentioned that I had called the company to ask them a few questions. One of the questions I asked was whether there was anything of significance that investors might be interested in. He reminded me that they have been planning an investors' tour during the week of October 18th to the 22nd. When he told me this I asked him for the details as I wanted to send it out to a few friends that I know who may be interested in attending. Then I thought, what the heck why not post this on the main thread. After all, I consider everyone who reads this thread a friend! <ggg>
So, with that introduction, here is what Mr. Hunt sent me:
____________________________________________________________
You asked me to send you the itinerary for our tour. Please stress that the economics of the trip mean that we are having to concentrate on institutional and sizeable personal investors; a minimum interest of 50,000 shares.
Anyone who's interested in investing in Net Shepherd but unable to afford those kind of levels is welcome to contact me.
Regards,
Peter Hunt
Vice-President, Corporate Affairs
Net Shepherd Inc
900, 800 6th Avenue SW
Calgary, Alberta T2P 3G3, Canada
Phone: (403) 218 8917
Fax: (403) 232 6711
E-mail: peter.hunt@netshepherd.com
OCTOBER TOUR ITINERARY
Locations
St Johns - Monday 18th
Halifax - Tuesday 19th
Boston - Wednesday 20th
New York - Thursday 21st
Toronto - Friday 22nd
Net Shepherd Inc. is a publicly traded, Web-based information and technology solutions company with headquarters in Calgary, Alberta, a branch office in Vancouver, British Columbia and representation agreements for products and services worldwide. In 1996 and 1997, Net Shepherd was primarily involved in research and development. However, in 1998, the Company moved toward becoming a market-focused commercial entity using customer contracts to further develop its proprietary technology. During the year, Net Shepherd focused on the scalability and extensibility of its technology and achieved growth both organically and through the acquisition of Chronologic Systems Inc. In 1999, the Company has focused on developing its technology from pilot to production versions and on building recurring revenue streams. Net Shepherd plans to expand the application of its technology to more industries and to embed their technology in its e-business offering.
Financial Results - ($000s, except per share amounts)
******************1996*** 1997**** 1998**** 1999 (est.)
Gross Revenue: ******27 **** 29 **** 4,548 **** 10,000
Cash Flow: ******** 606 ** (305) ****** 67 ******1117
Profit (loss): *****(2,342)** (3,418) ***** 25 ***** 737
Earnings per Share:
*******************1996*** 1997**** 1998**** 1999 (est.)
Basic: **************(.09)***(.18)***** .001 ***** .029
Fully Diluted: ******** N/A**** N/A*****.0008***** .021
Debt:*************** 371 *** 221 ****** 557 ****** 500
Working Capital: ***** 992 *** 134 ****** 931 ***** 1,500
Investment Information (as at 31 Aug 1999)
Shares (millions): 32.1
Issued:
- Management & Directors: 3.6
- Institutions: Nil
- Free-trading: 25.3
- Fully Diluted: 35.1
Listing: Alberta Stock Exchange
Symbol: WEB
Further information can be found on Net Shepherd"s Website: www.netshepherd.com |
