BYCI got a few emails on this....The Buoy Club Inc. (BYCI - pink sheets)
****************************************************** HIGHLIGHTS ~ The entertainment industry is a $10 billion a year market, and management plans to make major inroads over the next few years.
~ The field of entertainment has sustained exponential growth during the last decade. The company plans to be at the forefront of the expansion of Internet sales.
~ The Company's website allows guests to reserve online.
~ Management plans to concentrate growth on the East Coast, adding three more ships during the first year of operation.
~ Annual memberships range from $1,500 to $5,000.
~ Management projects first year revenue of $15 million to $20 million.
~ Company Websites: buoyclubstock.com buoyclub.com
CORPORATE INFORMATION The Buoy Club Inc. (BYCI) is the first floating adult club in the United States. Located in Port Canaveral, Florida the ship is within easy driving distance of Orlando, Miami and the East Coast of Florida. By allowing people to enjoy their adult entertainment outside the local jurisdiction of county government, BYCI brings a new level of relaxation and security for those who wish to exercise their Constitutional rights of the pursuit of happiness. There is no state legislation in Florida restricting or prohibiting nudity. By taking the fun offshore BYCI can operate without fear of being hassled by local police departments or protests from anti-adult entertainment groups.
The platform used for this entertainment is a first class cruise ship with outstanding amenities and style. Go to the BYCI web site to take a virtual tour of the ship and for information on the cruise itself. For the price of a regular dinner cruise you can be vigorously entertained by some of the countries most beautiful women and enjoy great food and drink while enjoying the oceans beauty and serenity.
From a business standpoint the numbers speak for themselves. If the ship sails just one night per week at 90% capacity the net profit is approximately $2,000,000 per year. That is for just ONE night per week. Management feels that based on the current numbers and the projected growth, one ship will sail at least 3 nights per week and should easily sail six nights per week. Estimated annual profits at these numbers exceeds $14,000,000 per year. With one ship, Buoy Club Inc. could be profitable in just a few short months. The company is also in the planning stages of adding two new and larger ships to be positioned in strategic ports around the Southeast United States. This translates into an even more impressive bottom line. With the pent up demand for adult entertainment, unique ambiance of the Open Ocean and first class accommodations, the Buoy Club Inc's success is almost assured right out of the gate.
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MARKET SUMMARY The growth of the adult entertainment industry has been explosive for the last three decades and shows no signs of weakening as we head into the next century. Consider the Internet as a barometer of the publics hunger for adult entertainment. In January of 1998 there were 17.5 million hits on adult entertainment sites. This is a 40% increase over the same period in 1997. The site Porncity.com had more visitors than ESPN.com, CDnow.com, or BarnesandNoble.com. Adult sites generated over $970,000,000 in 1998 and that number is expected to grow to over three billion dollars by 2003. One of every six web site hits were to adult sites last year.
The non-Internet side of the adult entertainment market has not remained stagnant either. In 1998 over five billion dollars were spent on adult video sales and rentals. This is ten fold over 1980. The sales of magazines, phone sex, adult cable, and adult clubs exceeded ten billion dollars in 1998. Compare this to $5,000,000 to $10,000,000 spent during the 1970's. Clearly this is a tremendous growth market by any measurement. According to the St. Petersburg Times, the adult club Mons Venus, had over 250,000 visitors in 1997. With an average cover charge of $15, the resulting revenues exceed $3,500,000. That is just from the money taken at the door, not including drinks and novelties!
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RECENT PRESS RELEASES Wednesday, September 6, 2000 Buoy Club Inc. Announces Signing a Contract with ACI Tours of Florida - Business Wire
Thursday, August 17, 2000 The Buoy Club, Inc. Announces A 250% Increase In Sales And Customer Volume - Business Wire
Monday, August 7, 2000 The Buoy Club Inc. Announces the Addition of Five Market Makers - Business Wire
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TECHNICAL ANALYSIS Current Stock Range - $0.60 - $1.40 Approx. Current Float - 1.0M
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SUMMARY While the adult entertainment industry achieves remarkable growth and profit numbers year after year it still remains practically invisible to Wall Street. Also, although demand for adult entertainment continues to grow unabated, local municipalities constantly try to inhibit Americans constitutional rights by passing ordinances that prohibit adult clubs, nude dancing, nude entertainment, and even plain old nudity! The Buoy Club creates a perfect niche market by moving adult entertainment offshore where it doesn't fall under the draconian measures of local government. With only one million shares (appox.) available for public float, Buoy Club Inc. (BYCI) share price should move up dramatically as the street catches on to this unique company and it's services. Here is a chance to catch the initial opportunity of a publicly traded adult entertainment company.
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