Yes when The Veritas Group Reprinted with permission ZiaSun Technologies Inc buy report The Veritas Group took out the disclaimer.I have said this before, but I can't say it enough…Diversification is a major key to financial success in the investment world! Now, that doesn't just hold true with an individual's personal investment portfolio, it has continuously created extraordinary financial success at the corporate level as well.For further information, contact Rory Boyes-Valey at 604-331-9583.
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ZiaSun Technologies Inc.
"Pick of the Litter" - March, 1999
Reprinted with permission,
From Skip Nordstrom's Growth Stock Newsletter
I have said this before, but I can't say it enough…Diversification is a major key to financial success in the investment world! Now, that doesn't just hold true with an individual's personal investment portfolio, it has continuously created extraordinary financial success at the corporate level as well.
One company that qualifies as a "Pick of the Litter" is ZiaSun Technologies, Inc. (OTC:ZSUN), an internet holding company. Being a holding company, ZiaSun, Inc. has created it's own diversification within it's own infrastructure. This company makes acquisitions of other companies within it's industry that will nicely fit under it's "Corporate Umbrella", and hence creates it's own 'Mutual Fund'.
The internet business is now the most dynamic industry the world has ever seen. It is growing at an unimaginable pace and is rapidly becoming the primary medium for information transfer, commerce, education, and news world-wide. Analysts have compared the Internet industry to the auto industry at the beginning of this century.
As web shopping becomes more secure and more user friendly, increasing numbers of users are purchasing over the web. Estimates for the time period between 1996 -1997 are that the number of households making online purchases jumped from 3.2 million to over 7 million. Actual spending on Internet advertising was expected to leap from under $1 billion in 1997 to $4 billion in 1998. (As buyers move to the web, sellers follow, hence an enormous marketplace for new advertising.)
It goes without saying then that the Internet industry as a whole has exploded, and there is no rhyme or reason to see the current pattern of growth diminishing anytime soon.
What puts ZiaSun, Inc. at the forefront of it's industry is that they have what most of their competition doesn't have, a solid nucleus of web products that bring internal synergy to the overall equation. ZiaSun is actively pursuing acquisitions in high traffic websites, proprietary internet software, telephony, and bandwidth providers, as well as other internet services. They are selecting internet companies that are already successful concerns, and which are generating revenues from subscriptions, advertising, information and/or service fees.
ZiaSun's initial holdings include Momentum Internet, Inc., and Momentum Asia, Inc. Momentum Internet, Inc. currently has five products and services that encompass three revenue categories.
Swiftrade, a copyrighted website solution, (www.swiftrade.com) is the first online trading system designed to specifically target overseas investors. Their technology provides a direct link to the floor of all major US Stock Exchanges, and anticipates being the first trading system to allow trading on five of the world's largest stock markets from a single website.
On February 5th, it was announced that Swiftrade will launch a new service for investors worldwide to trade on the Stock Exchange of Hong Kong through its on-line trading website. Swiftrade will work in conjunction with one of the most reputable Hong Kong stock brokerages in addition to one of the world's best known financial information providers to allow investors anywhere in the world easy, efficient, and inexpensive access to one of the world's most dynamic stock markets. The Hong Kong brokerage will be the first to take advantage of Momentum's new "plug-and-play" software developed for brokers to provide on-line trading in any market in the world. Swiftrade will begin offering trading on the Stock Exchange of Hong Kong, in addition to the American markets in a matter of a few weeks.
No other single Internet stock trading system allows investors anywhere to trade securities in Hong Kong or New York off one website.
Management also noted that Swiftrade would be hosted on two high-speed servers, one in California and the other in Hong Kong. These servers would allow for faster access for traders worldwide, and should all but eliminate trading down-time. Once the Hong Kong trading service is up and running, it is anticipated that other major stock markets around the world would be added to Swiftrade.
Swiftrade's exclusive arrangement with a U.S. NASD broker/dealer and clearing agent currently allows investors worldwide to trade NYSE, AMEX, NASDAQ, and OTC stocks through a direct electronic link with the exchanges. Swiftrade, with it's advanced customer service program, is the only on-line stock trading system that specializes in non-U.S. resident investors.
On February 25th, Ziasun opened a new Internet development facility in Manila, Philippines to access a large pool of well-educated and skilled local technical, design and marketing talent. However, the company will not be competing in the local market. Its focus will be on the development of Internet platforms for global on-line stock trading, web-based e-mail applications, online auction and barter software, international financial news delivery systems, and other activities for the expansion of Momentum's e-commerce services.
The office is housed in a modern high-rise facility in metro Manila with the most updated computer and telecom facilities available. Momentum sees excellent potential in Manila for staffing its development center with quality, well-educated and creative programmers, designers and online marketers.
The Manila office should be a tremendous engine for growth. It will provide the opportunity for the company to develop their Web products much faster and more cost efficiently, and allow them to expand more forcefully into e-commerce in the Asian and European markets.
Because of the fact that all of the company's web services are international in nature, Momentum hopes to help the Philippines develop into a force in the global Internet industry. As more and more Portal companies cast their eyes towards international markets where the largest potential for growth exists, the likelihood of a strong Philippine presence becomes more and more feasible. Ziasun acts as a perfect gateway into China and Hong Kong and as such becomes a perfectly positioned Asian portal.
Momentum Finance is a comprehensive financial website providing data on U.S., Asian, and European stock markets, and earns revenues from advertising and subscription services. Regular advertisers include Barclay's International Funds Asia, and the Far Eastern Economic Review.
Mediahits is a banner advertising network supported by Momentum's proprietary software which has over 6,200 hosts, and already generates in excess of 10 million impressions per month.
Pinmail is a premium, web based e-mail system designed for business travelers and others who need their e-mail in a simple, easily managed location. This unique proprietary software package has several technical advantages over other competitive systems, and is an exciting product in the face of Microsoft's recent $400 million acquisition of it's competitor, Hotmail.
Lastly, Search Dragon is a search engine and business directory designed specifically for the Asian region covering Hong Kong, Indonesia, Macau, Malaysia, the Philippines, Singapore, Taiwan, and Thailand. This form of geographic specialization is also being performed by industry leader Yahoo as companies seek to gain dominance in non-US markets.
ZiaSun's second subsidiary, Momentum Asia, Inc., provides a wide range of compatible graphic design, writing, printing, database management, and customer service operations.
ZiaSun is integrating Momentum Asia's services with those of Momentum Internet. While they will remain distinct companies, Momentum Asia's design and copy-writing capacity will generate content for Momentum Internet sites. Momentum Internet's corporate client base will be offered preferential packages blending the large subscriber and user base of the internet with the database management and customer service/marketing support facilities of Momentum Asia. Further acquisitions will extend this synchronized approach, and ZiaSun is actively pursuing acquisitions in high traffic websites, proprietary Internet software, telephony and bandwidth providers, and related Internet services.
On February 8th, ZiaSun released preliminary 1998 financial results for Momentum Asia Inc. The company reported earnings of $950,000 on revenues of $2,400,000, which not only is an excellent growth rate, but substantially exceeded its revenue and earnings projections.
Momentum Asia's results show substantial increases in revenues, earnings, and assets. Earnings for 1997 totaled $140,000, increasing to $180,000 in the first half of 1998 and $770,000 in the second half, for an annual growth rate of over 600%. Year-end net assets increased from $800,000 at the
end of 1997 to $3 million at the end of 1998. The company carries no debt of any kind.
The company is undergoing a new audit, and expects to release full 1998 consolidated results for ZiaSun in March, 1999. Management is confident that with this contribution from Momentum Asia, earnings per share will exceed the projected $.11.
Now, with all of these companies underneath it's "Corporate Umbrella", here is the main point of consideration about ZiaSun, Inc.….Unlike many internet companies with no net earnings that have been "bid-up" to extravagant prices which the stock is unable to support for a long term, ZiaSun's subsidiary's are active, income generating concerns. By diversifying across a wide spectrum of internet-related activities, Ziasun offers investors an opportunity to reduce the risk of over specialization, as well as over speculation, while capitalizing on the growth prospects inherent in this industry.
There are many companies, including one's that I have in my own portfolio, whose stock price can multiply several times over on the basis of speculation and media exposure. The bad news is that roller coaster rides can be pretty scary sometimes, and unless you're belted in, you can be thrown right out on your head. (Been there, done that.)
However, through carefully planned acquisitions, ZiaSun seems to me to be on a fast, yet steady, track upwards. The potential is seemingly unlimited. Do your own due-diligence, (the operative word is "do"), and I think that you will like what you see!
For more information, please call 888-548-9777
Financials
ZiaSun Technologies Inc. is poised to benefit from the continued growth of Internet participation and Internet commerce, a boom which is expected to intensify as PC prices decline. ZiaSun controls a wide range of stand alone Internet products and services, any of which can be sold off at any time. Sale of just one of these products for $10 million -- a modest price by today's standards -- would yield a pure profit of $1.00 per share to ZiaSun shareholders.
ZiaSun provides one-stop entry into a diversified package of Internet-related businesses, offering investors an opportunity to buy into the World Wide Web without the excessive competitive risk that accompanies over specialization.
Many Internet companies have been bid up to extravagant prices, despite showing substantial losses at the bottom line. David Menlow, president of the IPO Financial Network, recently commented on this phenomenon, describing a profitable Internet IPO as "unheard of". ZiaSun is a notable exception to this trend, with subsidiaries that are active, profitable concerns with excellent growth rates.
Shares in Internet companies are valued more on growth potential than on discounted cash flows, revenues, earnings, and P/E multiples. While ZiaSun shares the growth potential of other Internet companies, it begins with financial fundamentals superior to those of many non-Internet companies.
ZiaSun Technologies, Inc., which trades on the OTC Bulletin Board (ZSUN) has filed to become a fully reporting company. They have 10 million shares of stock outstanding, with 2.5 million shares in the float.
For further information, contact Rory Boyes-Valey at 604-331-9583.
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