Auric Goldfinger's Short List Message Board

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Non-Tech : Auric Goldfinger's Short List

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To: StockDung who wrote (7673)	4/18/2001 2:57:07 PM
From: Sir Auric Goldfinger	Read Replies (1) of 19428

From GENI S-3 filed today for 10.6 million selling shareholders! too funny: "Related party transactions have historically generated a substantial portion of our revenue Selling media time to Trade Your Way To Riches, Inc., a corporation owned by our majority stockholder, represented none of our revenue in 1996, approximately 41% in 1997 and approximately 25% in 1998. In addition, in 1997 and 1998, revenue from Trade represented approximately 90% and 78% of our revenue from telemarketing for products owned by our clients. Although total revenue related to Trade in 1999 and 2000 declined to less than 1% of total revenue, and we anticipate that Trade-related revenue will continue to represent less than 1% of future revenue, we have only since October 1998 begun to sell media time to a significant number of new clients. In addition, we have recently begun marketing the new products we acquired in late 1998. Any inability to continue media sales to third parties or failure of our new products could significantly and adversely affect us." Sure does sound like the "Unmentionable" one. Is Francois invloved here as well?

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