RDI Marketing Inc. is on the leading edge of online shopping, and poised to revolutionize an existing industry of private wholesale consumer buying clubs. RDIM's focus is revolutionary in the way everyday purchases are made. Initiatives in state-of-the-art e-commerce technology applications will be the catalyst. RDIM's e-commerce division is being headed by Alfred Werner. Mr. Werner's Internet development team has delivered successful financial results on behalf of such notable Internet sites as "PC Flowers and Gifts".
RDIM expects to open over 100 physical locations. Growth will be accomplished through acquisition of this highly fragmented industry, and use of e-commerce. Recently RDIM announced that it had agreed to acquire America's Hometown Brand Center, Inc. (AHBC), which is an $18 million distribution company selling to a network of over 400 retail locations. Management of AHBC came from the catalogue giant Sears, Roebuck and Co., bringing relationships of major name brand manufacturers to the table. RDIM expects to double AHBC's revenue stream within a year of the completed acquisition. The Company expects revenues of one hundred million within two years from this acquisition alone.
RDIM's private membership club offers new brand-name products at wholesale prices directly to its members. Additionally, through the RDIM web site, members will have live links for updated and current catalogue information. For those consumers who are not computer literate, in addition to the physical locations, RDIM is adopting a WEB TV type of technology to enable home-style shopping like QVC. The site will also offer live audio and video product presentations sponsored by the vendors RDIM is transforming a multi-billion-dollar industry comprised of fragmented single-unit operations by adding new technology that is Internet commerce-enabled.
RDIM serves as a purchasing agent on behalf of its members. It also serves as an e-commerce facilitator to sell anything manufacturers and distributors have to offer.
The private membership concept in this case makes its money three different ways. Initial investments to join; a per-transaction service fee of 5 to 10 percent; and an annual renewal fee to remain a member. These aggregate fees represent significant annual revenue for RDIM.
The most significant structural difference in public versus private buying clubs is the member-provided life-style data that drives these three revenue sources. This information any vendor, supplier and manufacturer would kill for. Unlike anything of its sort in retail buying, vast quantities of personal member information is available to RDIM because its members see themselves as club participants. They're willing to exploit opportunities to be serviced in a unique fashion.
smilex.com
There is some information on the shares and float at this site. I would suggest investors call in on the company conference call for further details.
RDI Marketing, Inc.
Fiscal Year: Calendar
Blue Sky: Standard & Poors Exemption
Transfer Agent: Interwest Transfer Company
801-272-9294
Auditors: Ritch Greenberg & Hassen, P.C.
Common Shares Issued & Outstanding: 13.5 Million
Estimated Float: 1.5 Million
Regards, Jeff |
