Business of Small Market ISP; $389 Million Court Judgement Spotlights Company
Hollywood, CA-Emerging Company Report is the nationally syndicated television program profiling emerging-growth companies (http://www.emergingcompany.com), featuring
informative interviews with the CEOs, insights into their operations and outlooks for their futures.
Featured companies this week include;
Clinton Sallee, CEO of Sitestar Corporation (OTC-BB:SYTE) described his company as one which acquires and invests in emerging technology-based enterprises, focusing primarily
on the acquisition of small independent Internet Service Providers in the rural and secondary markets of the mid-Atlantic region of the United States. “The big ISPs like Earthlink and
AOL don’t want the small to secondary market cities”, said Sallee, “while we are able to acquire these companies from technically-oriented operators and transform them into very
profitable businesses”.
Richard Altomare, CEO of Universal Express, Inc. (OTC-BB: USXP) revealed details behind his company’s recent jury a ward of $389 million. “Obviously, it opens the door to a
lot of opportunities for us”, he said. The company describes itself as an integrated postal service, operating courier, logistic and marketing services for its retail outlets. Altomare
announced the formation of Luggage ExpressTM, which will pick up luggage from a customer’s home and deliver it to their final destination, eliminating the hassle of airport luggage
handling.
CEO Robert Kubbernus of Jawz, Inc. (OTC-BB: JAWZ) announced that the company’s move from the Nasdaq exchange to the OTC-BB would save the company $750,000 per
year. He also discussed the company’s focus on the Code Red Virus and Sir Cam Global issues, “which have been keeping the company busy”, he said.
Shane Rodgers, President of The Chancellor Group, Inc. (OTC-BB: CHAG) outlined the company’s financing direction designed to facilitate the growth outlined in their business
plan.
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