A Post copied from BOBZ:
FWIW,
ONTV +120% today to $.27 OVER 500,000 SHARES TRADED
ONTV BACKGROUND INFORMATION: ONTV CEO DAN FASSANO:
"We are quickly becoming a world leader in the e-commerce market. As we move through 1999 and head into the new millennium our company plans to introduce new and more innovative ways to generate revenue from the Internet. The revenue from the Internet for both www.Ronco.com and www.SeenOnTV.com are continuing to show a consistent increase in revenue and growth potential. Our success is the ability to promote Internet sites to be at the top of the search engines and to get the most out of each unique visitor that comes to shop online".
1. ONTV PROFITABLE since February. Financial statement filing with SEC anticipated in the next few months.
2. Profits will INCREASE with Christmas season.
3. ONTV has a world class website with a record- breaking 8% buy to hit ratio. See this August 9 Press Release:
biz.yahoo.com/bw/990809/ny_la_grou_3.html
4. ONTV is selling at fractions of the price of other E-commerce companies:
ONTV: $.18 Profitable
BFLY: $10 Unprofitable
BIDS: $4 Unprofitable
5. ONTV CEO considers ONTV “VERY UNDERVALUED”. Eventual goal is NASDAQ listing- $4 minimum share price.
6. Only 6 million shares in public float.
7. ONTV sells HIGH MARGIN products tailor made for the Internet.
8. ONTV/RONCO announced major partnership in February. RONCO uses ONTV WEBSITE to sell its products (RONCO is bigger than K-Tel). ONTV gets sales percentage.
9. ONTV'S site linked to RONCO's and hence benefits from RONCO's huge advertising budget. What other E-commerce company gets millions in free advertising?
10. Alliances with major E-Commerce companies being negotiated (August 9 news release) and is believed to be very close to finalizing an agreement.
11. ONTV will benefit from the seasonal increase in ALL Internet stocks. Internet issues have declined from May to September and increased for October to April the last 3 years.
ONTV OWNED WEBSITES:
www.SeenOnTV.com
www.SeenOnTVSuperStore.com
www.WhatAProduct.com (Under construction)
www.WeEscrow.com (Under construction)
ONTV GETS A PERCENTAGE SHARE OF SALES FROM THESE WEBSITES:
www.Ronco.com
www.fooddehydrator.com
MAJOR NEWS RELEASES: SEE COMPANY WEBSITE- “NEWS”
www.aseenontv.com/
HIGHLIGHTS:
LA GROUP, INC "ONTV" LAUNCHES WORLD CLASS
E-COMMERCE WEB SITE (August 9, 1999)
The Company is currently negotiating with a number of strategic alliance partners
to build similar e-commerce web sites to include linking the already popular
SeenOnTV.com products to online auctions. LA Group has continued to generate record-breaking
percentages. The-commerce web sites www.SeenOnTV.com, www.Ronco.com and
www.SeenOnTVSuperStore.com, a newly added domain, have consistently
generated orders two to three times greater than the industry standard.
LA GROUP, INC "ONTV" ANNOUNCES INVESTMENT IN
TIRK INTERNET SYSTEM (May 18, 1999)
Fasano stated that LA Group is rapidly repositioning itself as a specialist in
website e-commerce business solution applications and is studying the possibility
of renaming the company to reflect its new business ventures. Fasano also
explained that the company continued to investigate additional investment and
acquisition candidates.
LA Group, Inc. "ONTV" ANNOUNCES MARKETING TIE-IN WITH NATIONAL ENQUIRER (April
16,1999)
ONTV announced that it has entered into an agreement with representatives of the National Enquirer
to promote Ronco Inventions, LLC products (www.Ronco.com) on the
Enquirer's web site which currently averages more than 3 million hits/week.
LA GROUP, INC "ONTV" ANNOUNCES REVENUE-SHARING
AGREEMENT WITH ENTERTAINMENT BOULEVARD (April 8, 1999).
ONTV today announced that it has expanded its relationship for the Ronco website www.ronco.com by entering into a revenue-sharing agreement with Entertainment Boulevard (NASD OTCBB: EBLD)
operator of entertainment websites including Vidnet, Screen Clips, and Pro Sports Net. |
