INVT OVERVIEW by ROB-ART on RB...
NAME: Invest America, Inc. / Communic Optications Inc.
SYMBOL: INVT (OTC-BB) Shares Outstanding: 14,859,148 Float: 3 to 5,000,000
ADDRESS: INVT- 1776 Park Avenue unit 4 - Park City, Utah, 84060
ADDRESS: OPTICA - No. 148-4664 Lougheed Hwy - Burnaby, B.C. V5C 5T5
PHONE: Brian - 801/808-6096 & 435/615-8801 Doug - 604/473-2574
CONTACT PERSON: INVT- Brian Kitts / OPTICA - Doug Smith
TRANSFER AGENT: Olde Monmouth at 732-872-2727
October 21, 1999 - InvestAmerica Inc. Announces New Management
biz.yahoo.com
October 29, 1999 - InvestAmerica Inc. Announces Proposed Reverse Acquisition
biz.yahoo.com
November 2, 1999 - InvestAmerica, Inc. Elaborates on Recent Announcement
biz.yahoo.com
November 5, 1999 - InvestAmerica Inc. Announces Details of Agreement
biz.yahoo.com
November 8, 1999 - InvestAmerica Inc. Announces Office Locations
biz.yahoo.com
November 11, 1999 - InvestAmerica Inc. Confirms Reverse Acquisition Date
biz.yahoo.com
INVT-FIBRX ( OPTICA)
Brian Kitt's described the following situation: INVT up to now has
essentially been a shell. A few months ago, Brian met the owners of FibrX, a
privately held fiber optics company, and they came to an agreement to take
FibrX public via a reverse merger into INVT. FibrX is involved in two
things: (1) the arbitrage of fiber optic cable and (2) the actual sale of
time on fiber optic lines. Their business consists in buying fiber by the
bundle (12 strands to a bundle) and then reselling the strands for those who
can't afford or don't need a full bundle. A bundle is the minimum amount
sold by the large companies, so FibrX is meeting a niche demand within the
fiber optics industry that few other companies are satisfying. The company
is also involved in reselling portions of the strands for companies that
don't need a full strand all the time, for instance, to a company that might
need to use a fiber line two or three hours a day. According to Brian, it is
an extremely lucrative business. Brian is the majority shareholder in INVT,
but after the reverse merger FibrX will be.
By: chasdog
Sunday, 14 Nov 1999
Take a look at the address for ZED Data Systems Corp.
loacated at zed.ca You will find that is located
next door to the purported offices of
Optica Communications Inc.
No. 148-4664 Lougheed Hwy.
Burnaby, B.C. V5C 5T5
Douglas E. Smith is listed as the President of Zed Data Systems Corp as
evidenced by the information in my prior post. I therefore assume he is
indeed the Doug Smith in question and not a wild guess on my part.
ZED Data Systems is an 18 year old, privately owned Vancouver based company
that has sold and installed thousands of switches, hubs, routers and other
data communication devices and software. Manufacturers, universities, stock
exchanges, large non-profit organizations, and other businesses continue to
rely on ZED to supply high-quality, affordable products, top-notch technical
support and superior service.
So it looks like we have an identifiable individual with a private company
who is likely to be knowledgeable about fiber optics. Further conjecture
would place him with a new spin-off company ready and likely able to enter
the fiber optic business.
ragingbull.com
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