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Technology Stocks : Totally Hip Software Inc. (THW) - Just the Facts
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To: JADE who wrote ()10/14/1999 1:18:00 PM
From: JADE  Read Replies (1) of 704
 
I have put together a comprehensive and what I think to be a very good read on THW and where this stock and company are headed:

There is only one reason for issuing stock options.

The Company is planning to make a move after being dormant for a few months.

What have I learned so far from my contacts in the industry:

- the current management has been busy getting things into good shape these past few months
- LiveStage Pro is a very hot product and it is selling to major customers and developers
- the current management obviously paid bills, loaned the Company money and incurred debts during this
time and they are entitled to claim the shares for debt.
- The debt has nothing to do with former employees. It is with key employees and management, therefore
the shares will be held for some time
- This is a known fact. Shares for debt for CURRENT employees, NOT former employees.
- these are the original founders and they have millions of founder shares. They make the Company tick.
- I've been informed that former management and employees (17 in total gone) had over 1.1 million stock
options cancelled at the end of September or early October. They are no longer there to help, so they don't
get the benefit of the stock options.
- the current management team and key employees (8 in total) have set stock options as an incentive for the
hard work they have been and are continuing to do for the Company.
- they have taken the risks. I've been told that all of them went without pay for many months to put the
Company back in better financial shape so they could pay bills.
- this shows they are very determined and dedicated to grow the Company.
- so they x'ed out the old options and issued new ones.
- LiveStage Professional is going to be released at the QuickTime Live! Conference on November 8 - 11.
- It is essentially ready now, but they are waiting on the printers for the manual and packaging etc.
- pre-orders for the software have been strong and the release version sales are expected to grow in
Nov/Dec/Jan
- sales for the 4th quarter are supposed to be better than in previous quarters and this is without the
product officially shipping
- operating costs are down to a manageable level, far below previous levels, as they were out of control
under previous management
- the LiveStage Pro Talk list is very active and the beta release is selling to major corporations and
developers before it officially ships
- I have ben told that THW will make another very important announcement this week or early next week
- It has to do with LiveStage and WebPainter (assets) perhaps something to do with getting the Company
in shape to be acquired

Bids are getting stronger and the ask is thinning out. This signals a move up into the 40's then the 50's and
60's by months end and into November.

Shareholders have been looking for positive news and we are starting to see the signals of positive news. I think the next few months will be extremely positive for the company and their shareholders.

JADE

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