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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce

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To: Andrew H who wrote (311)12/25/1998 5:47:00 PM
From: Jeffrey L. Henken  Read Replies (2) of 2994
 
Actually the businesses they are acquiring are already built and generating $30 million in revenues. They are profitable as well. RDI Marketing intends to increase those profits. The E Commerce site will come online in January but I don't expect it to be fully functional until sometime in the second quarter of 1999. Since this seems to be one of the most ambitious undertakings I have ever heard of it's obvious that the E Commerce site will never be fully completed because it will have to be updated every time a new product is offered. It will also have to be updated every time a technological advancement takes place.

The rules for a NADSAQ listing are certainly tough for an OTC BB stock to live up to and that's why so many company's fail but RDIM will be one of the few E Commerce plays to actually be profitable unless expenses get out of hand. I mean I know they will be expanding by adding more acquisitions and more locations as well. The physical locations could be franchised and built at the franchisee's expense.

Regards, Jeff
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