OSH, Thank you for refreshing why we got in to this thread in the first place. Most of us read this post as we entered here. At the time I read what I wanted to read it seems. Now after some of the issues has been raised , I see the more clear language syntex of what they are really saying. Like reading a fine print on your life insurance policy.
Lets find out one way or another all as we can. I am sure the CEO as a business man will welcome this kind of share holders and potential investors queries.
You ask for a simple answer and you should get one. Dont you agree?
<<These guys are for real, and their stated goal of 300 million plus revenue in the next 5 years is doable if they keep inking these big deals. >>
Statement by our friend Don when he started the board, bought at .24 and since sold at .50 I believe.
<<Partnership discussions have commenced >>
News seems to come in good intervals, and we are now waiting for the Bellicore news. We should also hear the news on the COMMENCED partnership talk.
<<The company's plan is to grow the business to $300 million annually in the next five years>>
We are waiting to see how they are going to accomplish this and through what medium they want to achieve this.
Let see this year is 1.5 mil, Next year is 24 mill acccording to CEO, so 99 will be 100 million and yr 2000 will be 250 million and 2001 will be 300 million. I like the projections.
<<http://www.echomedia.com/splash/index_flash.html>>
I would like to hear if this is a real cool site by the web design programmer pros on this thread.
<<echoMedia is a financially strong company, which has funded all of its growth and all of its product development internally. It has no debt. The company is a wholly-owned subsidiary of The Netmaster Group, a Nasdaq Bulletin Board company (trading symbol:NETZ ).>>
We will find out soon the financials. So far I give +AAA same as Moodys rating, only after weve seen the financials.
<<Advertisers committed to using echoMEDIA technology to enhance the reach and impact of their Web messages include Honda, BMW, Rodale Press, and Sandals Resorts. echoMEDIA has also enjoyed working relationships with Eastman Kodak, USA Today, United Airlines and other blue chip national advertisers.>>
So it was fruitless effort to look for the ads of these companies, since they have only COMMITTED to use Echo. SO then may be we can ask CEO for the letter of intent at least.
<<echoMedia introduced its first multimedia, advertising sponsored registration product in 1994, which is sold to CD-ROM software>>
We should ask to which company and how much and how many years and performance satisfaction.
We should also ask who cah give us general landscape of the financials, shares out the float, the MM and the basic business plan that substantiated 24 mill for 98.
Thanx again. Joe |