Reason,
That looks great!
I guess the word is getting out on CRNC cause I just received this email from someone named Leonard Connor doing a newsletter called "Connor's Stock Alert" here it is.
Date: Fri, 23 Oct 1998 10:22:28 -0700 (PDT)
From: Leonard Connor <bestyet_98@yahoo.com>Add to Address Book
Subject: "STOCK ALERT" CRNC - Chronicle Communications Inc.
To: taylor_re@yahoo.com
<<<<<<<<<<<<<<<CONNOR'S STOCK ALERT>>>>>>>>>>>>>
CHRONICLE COMMUNICATIONS, INC.
Phone: (912) 377-2111
Fax: (912) 377-7748
Industry: Printing & Publishing
Sector: Newspaper/Shoppers/Web
Services/Commercial Printing/Book
Publishing/Binding & Graphic Design Services.
CEO/Chairman: John Whitman, Jr.
President: Ken McCleave
CFO: Ron Mallett
Employees: 35
Outstanding shares: 2,727,780
Shares in float: 978,000
Chronicle Communications, Inc., (OTC BB:: CRNC) is a company on the
move to a NASDAQ Small Cap
listing. On September 30, 1998, Chronicle acquired Bright Now Inc.,
and Southern Paper & Converters Inc.,
both of Tampa, Florida. Chronicle's new subsidiary, Bright Now Inc.,
is a full service commercial printing
operation which has the printing presses necessary to print
Chronicle's own product line. The combined
acquisitions have over 70,000 square feet of commercial buildings, two
cold set web presses, one heat set
press and one large sheet fed press. Both plants have complete
prepress from computer to film capability.
Chronicle can now print all types of newspapers, print and bind books,
magazines, brochures and fliers. The
company will realize millions of dollars of revenue growth in 1999.
The company plans to add press capacity to both plants, restructure
the entire debt of the combined companies
and aggressively market it's web services. Chronicle's revenue growth
of 310% for the year ended September
30, 1998, will be the minimum standard set for 1999. Currently the
company plans for a 335% increase in
revenue for the year ended September 30, 1999, or total revenues of
$6,014,682.
The company plans to introduce eighteen additional Georgia Chronicle
editions in selected counties across
Georgia which management has determined have sufficient commercial and
economic bases to support several
print media products. Each county in the Company's expansion plan has
an aggressive Industrial Development
Authority which has an history of successful recruitment of new
business and industry. Management believes
the company can quietly expand into a new market while introducing
commercial advertisers and readers to the
concept of high quality, low priced print advertising. The company's
goal is to open three new markets per
month.
My sources tell me that we will be seeing news possibly as soon as
next week on a merger/acquisition, and
also to be looking for additional PRs over the upcoming weeks on new
acquisitions. Also, I am told to keep
an eye out for an announcement on funding.
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