The following are from my notes of the conference call. You may verify this information by calling 1-800-567-1533
..40 million shares outstanding, with no plans, or needs, to issue additional shares
..10 million shares in the float - the entire float has been traded within the past three days
..Cash on hand - Low 7 figures (after all current acquisitions)
..Capitalization - $18,000,000+
..1998 projected revenue 80-100 million
..1998 estimated margins 12-18%
..1998 estimated EPS - .25-.30 "minimum"
..28% increase in FAMH sales over last month
..Financing Division becoming a very large portion of the business
..Leasing 8,000 employees per month
..Manager hired for the Miami, FL office
..Personnel changes made - including additions for the new IT division in Phoenix
.."15-20% sales increases per month" in just FAMH business very likely
..Plans to become listed on NASDAQ this year
..Completed new Allied Signal and Deloitte contracts
..FAMH has total control of the Morton Downey show
Profits from that show @ 1% market share should = $100,000-$125,000 per show day, more, if the market share is higher. Morton Downey closed his old show at a 6% market share. Revenues would include cash from sponsors and the rights to air the show in each market, plus other revenue. It should be noted that the Jerry Springer show is 2nd in popularity to Oprah, so Morton D. should do quite well, most likely well above the 6% market share of the '80s.
|
