Yes, it's great to find another poster.
I know what you mean Robin about being in the red with JTCM. My first purchase was almost 3 years ago. I've averaged down from the $1 plus where I started but still have a ways to go. It looks like pay back time has finally arrived.
Here's the meat of the Update.
THE BUSINESS DIVISIONS OF JETCOM INC.
BUSINESS TO CONSUMER
SATELLITE PROGRAMMING SERVICES providing access to global satellite based programming services to individual consumers.
o Satellite Programming Services Inc. (SPS): SPS provides global satellite television services delivered by over 20 broadcast satellites across North America. Primary service suppliers include National Programming Services (NPS), Primetime 24 and Netlink. Home satellite dish owners have access to over 600 channels offering a wide range of television choices. From the over 60 movie channels, 25 sports channels, 66 International channels, 80 variety channels, 24 news channels, 30 networks, 7 super stations, to the specialty channels offering music videos, adult entertainment and pay-per-view, to over 300 free channels. The satellite c-band television offers the largest affordable choice of television programming available compared to the amount of channels offered by smaller satellite dish providers. With theatre quality video and cd-quality sound, c-band television is the master broadcaster television, superior to most other delivery systems throughout North America. Our services website is: www.satelliteprogramming.com
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WHOLESALE PRODUCTS DISTRIBUTION to ensure that our dealer network has the satellite related products and consumer electronics to satisfy consumer demand.
o Jetcom Communications Ltd. (JCL): JCL is a wholesale equipment distributor supplying set-top analogue and digital satellite receivers, satellite antenna?s, block feed amplifiers, satellite navigators and actuators, cable, connectors and matrix switching equipment for retailers of home satellite and security services for the direct to home reception of satellite services. Through a retail network of over 200 dealers across Canada, JCL carries products from manufacturers such as Multiplex Technologies, General Instruments, Cal-Amp., Pro-Brand, American Satellite, Winegard, KTI, Chapparral Communications, Zinwell Electronics and Summit Engineering. These products and delivered from our two warehouse locations situated in Toronto, Ontario and Vancouver, B.C.
o Jetcom International Ltd. (JIL): JIL is an exporter of satellite communications products and services to clients around the world.
BUSINESS TO BUSINESS
PROVIDING TURN-KEY E-COMMERCE APPLICATIONS AND HOSTING SOLUTIONS to small and medium-sized businesses.
o E-Commerce Partner Inc. (E-Com Partner):
- The Application: The EP2000 application is a turnkey solution for small and medium sized businesses interested in a cost effective means of conducting business on-line and maintaining a robust website. This innovation features a fully automated product maintenance module that does not require any web (HTML) programming knowledge by the end user. The user can download digital photographs, add/delete items, change the price and other related information to their products and services without initiating detailed programming. These changes can be implemented easily and from anywhere provided that an on-line connection is present. The user can realize significant cost savings.
- The Hosting Solutions: We partner with some of the most quality hardware and software suppliers to build our hosting infrastructure. Our hosting solution is co-located with a strategic partner, which enables us to provide the best service to our clients. Our clients will have the benefits of operating in a secure high-speed operating environment with information back-up and storage capabilities. The client connects to our secure high speed-hosting infrastructure through their existing Internet connection. We utilize Secure Socket Layer (SSL) technology from Microsoft to provide a secure operating environment. Our website is authenticated by VeriSign Inc., which provides public key infrastructure and digital certificate solutions to enable trusted commerce and communications over private and public networks. Monitoring of our system will be handled by 2 full time Microsoft Certified Systems Engineers specialized in Microsoft Systems Structured Query Language (MS SQL) server. Digital cameras from various manufacturers, such Kodak, can be used to take pictures of the products. Jetcom Inc will provide customer service. Some of our suppliers include: Redhat (Linux), Microsoft, Cisco, Ascend, Borland and E-Xact for processing financial transactions, to name a few. Special reports can be created indicating visitor and customer activity for a specified time period, in addition to other customized reports.
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FOCUSED ON THE FUTURE ? GROWTH STRATEGY BY BUSINESS UNIT
- Resources are currently being directed to produce positive return on investment for our shareholders.
SATELLITE PROGRAMMING SERVICES AND RELATED PRODUCTS DISTRIBUTION
- Jetcom Inc. is currently seeking and reviewing a number of local market acquisitions in the satellite programming services and products distribution market. Capital to fund these acquisitions will be raised during first half 2000. Our goal is to become the dominant supplier in the Canadian market for direct to home C-Band satellite programming services.
- We look to develop alternative distribution relationships with major manufacturers of consumer electronics and entertainment related products and services. Offering major manufacturers penetration and advertising space through our large subscriber and dealer channels.
- Jetcom International Ltd. is reviewing strategies to penetrate the International satellite services markets. Focused on building distribution relationships with major American satellite products and services companies such as EchoStar and DirecTV.
E-COMMERCE APPLICATION AND HOSTING SOLUTIONS
- To complete, deploy and manage the e-commerce application and hosting solutions business plan. Capital to deploy this initiative will be raised through strategic partners during the first half of 2000. This division will operate as a separate company, E-Commerce Partner Inc., with an opportunity to go public in the future. |
