DougR,
Whilst you're scanning for hot B stocks check out this E-mail I got today. It's almost got to be a pump and dump on a BB IPO that I wouldn't touch, but an interesting concept none the less (LOL)
Alternative Entertainment (OTC BB : BOYS)
Shares Outstanding 3,013,790
Shares Public Float 980,000
Number Shareholders 790
Approved by NASD for Trading October 7, 1998
Visit smart-stocks.com for full details.
COMPANY OVERVIEW
Alternative Entertainment, Inc. (the "Company") is engaged in the Adult Media and Entertainment Industry. Specifically, the acquisition, development and operation of Upscale Gentlemen's Clubs and advanced on-line media for E-Commerce on Internet Sites. The Company plans a national chain of Upscale Gentlemen's Clubs with the focus on business and professional male patrons. The main floor, which caters to patrons 25 to 39 years of age, will incorporate an evolving theme concept conducive to a "party atmosphere" and will operate under the trade name BOYS TOYS. Private club facilities of the Boardroom Restaurant will target individuals ages 40 to 65 and offer full service dining, an extensive cigar lounge and a vast selection of premium wines and liquor.
The clubs will enable the Company to facilitate onsite film production and live video streaming of the female entertainers as content to the on-line community. Initially the live content will provide revenues via E-Commerce on Company owned Web Sites. Such content will later be repackaged and distributed through Webmasters and individual owners of the 45,000 established Adult Sites on the Internet.
The Company has an extremely strong management team comprised of several key executives, including the president, of the leading management company within the Gentlemen's Club Industry. The management team has over 100 years of combined knowledge of the Industry.
INDUSTRY HIGHLIGHTS
$4 Billion a year Gentlemen's Club Industry - 25% pretax margins
3,618,000 average yearly revenue per upscale club - $488 sales per sq. ft. 36% of all businessmen entertain their clientele at Gentlemen's Clubs $1.2 Billion a year Internet Adult Sites - 70% pretax margins Media content providers are basically non-existent
Consolidation play exists for both segments of the industry
SELECTIVE FINANCIAL HIGHLIGHTS
The Company has internally raised $2,000,000 to date through a combination of equity and convertible debt. The Company has a San Francisco property (15,000 sq. ft.) under construction and an option to purchase two additional clubs. |
