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Microcap & Penny Stocks : GONT - GO ONLINE NETWORKS ( old symbol: JNNE )

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To: Tom Dickson who wrote (815)2/15/2000 9:23:00 AM
From: Tom Dickson  Read Replies (1) of 1063
 
Good RB post concerning the Kiosk Division. Auctionomics division will come along.

From RB

Forget Auctionomics. Kiosks are the key. Anyone who has not called Gont to request a copy of their business plan should seriously consider doing so.

I am particularly interested in the company's model for projecting revenues on a per-kiosk basis.

With 2,500 kiosks installed in 2,000 hotels (1.25 kiosks per hotel) the projected annual EBITDA is $14.6 million, assuming that each kiosk generates a mere $20 per day and eight advertisers per kiosk at a flat monthly fee of $50.

The company conservatively projects nearly $17.8 million in annual revenues from kiosk usage and $8.4 million from advertising.

Then consider the ShopGoOnline tie-ins. Just gravy.
And anything generated from Auctionomics is more gravy.

And let's not forget the 200,000 restricted shares of HomeSpace Services Inc. that Gont acquired when it settled the lawsuit in December.

I sure as hell ain't selling now. I think Mr. Naughton and company know what they're doing. Go Gont!

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