Doug, Nic My broker e-mailed me a "slide presentation" of Jetcom's business plan today. Looks impressive. Especially interesting is the projection of revenue potential and the potential impact on share price: should move to $1.06 to $1.35. That's in the range where I first bought in! That would be great! Market makers are apparently in place: Merrill Lynch, WD Latimer and Canaccord. Below is the info from the last couple of slides. If you have M'soft PowerPoint it could e-mail the file to you. Helmut
REVENUE POTENTIAL E-commerce Applications and Hosting Solutions Acquire 1,000 clients within the first year at approx. $450 per month $5,400,000 gross revenue Satellite products and services Generate approximately $300 per subscriber per year from a potential subscriber base of 20,000 to 30,000 $6 to $9 million gross revenue Generate approximately $500,000 to $750,000 in annual dealer sales Potential impact on share price Potential combined gross revenues: $11.9 to $15.15 million *Potential net income of $1.785 to $2.272 million **Potential EPS of $0.053 to $0.0676 ***Potential share price $1.06 to $1.35
CAPITAL MARKETS STRATEGY Market Makers are in place Merrill Lynch, WD Latimer and Canaccord Seeking roll-over to CDNX Interested in acquiring strategic investors Fund managers, VC and focused Investment Dealers 1 to 2 year time horizon to stage turnaround Potential spin-off of e-commerce division into a separate company Approximate combined capital requirements $4.2 to $5.4 million Issue equity Converts, shares and/or share purchase warrants |