Here Mike, found this in my email, figure it might interest you guys.]
----------------------- List-Archive: <http://www.egroups.com/group/pettycash/> Subject: [pettycash] GNNU Profile MIME-Version: 1.0 Content-Type: text/plain
Have you ever dreamed about what it would be like to be in on the ground floor of an Internet banner advertisement venture like Doubleclick or 24/7 media? Without question, they have been, to date, among the biggest, money making success stories of the Internet revolution.
However, where TFSM and DBLK merely fill banner space for specific web sites, a bright, inventive upstart called Global Networks Inc. (OTCBB GNNU) has developed a unique, patent- pending software technology that will take the banner advertising business into an entirely new realm.
How? GNNU buys the banner space and re-sells it to large national advertisers.
Their proprietary software technology enables them to precisely specify not only the best web site to advertise on, but to define the timing and the correct surfer to show the ad to. For example, they have signed a large soup company to a banner ad contract. The soup company wants to show the ads on weather sites, and, get this: only when the weather is below 40 degrees!
Imagine companies having the ability to focus their ad campaigns to the exact target, the most desired demographic, the best audience for their product and in the perfect conditions. What better time to advertise a hot bowl of soup than when it's cold outside. The possibilities are mind boggling. It's not hard to understand why GNNU is starting to get attention.
The company is dedicated to doing everything in their power to return profits to the shareholders. Management has agreed to decrease their salaries by 50% in 2000. Furthermore, they pay their sales reps commission of 15%; half in cash, the other half in stock. That demonstrates faith in the future of the company. And the stock used to pay the reps is taken out of management and the insiders' share pool; so there is no dilution in either the outstanding or the float.
In the words of the CEO "We got into this for the equity play, not for the salaries." Management, and the employees, are obviously putting their money where their mouth is.
So when all is said and done what is GNNU worth?? Look at the market caps of DBLK and TFSM, both of which are in the billions of dollars. If GNNU does 1/10 as well, they would have a market cap of 10 million. There are 10.8 million shares outstanding (float of 1.6 million); so it would translate into a $10 stock price. The CEO's goal is to build the business, get the patent on the technology and sell the company to the big boys..
With their unique, patent-pending software, their extraordinary business plan, and their dedication to return profits to shareholders, I see no reason why GNNU can't follow in the footsteps of its exalted forebears.
God Bless, Good Luck and as always good trading
Pettycash
Profile on Yahoo biz.yahoo.com
Company Web site dgonn.com
CEO interview with WallStreetReporter wallstreetreporter.com
disclaimer hotyellow98.com
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