I mean, MBTI ran from 2.50 to 14.74 in 2 days. VFND is a valid company, looks good...
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The Company has been a highly experienced software tool developer for more than 14 years. TEAM Technologies/RSPN is an expert systems integrator that has been doing this specialized integration work for over 20 years while building and maintaining many long-term customer relationships with Fortune 500 companies. With the combination of the E-Com Tools product line, TEAM's hosting and service skills, and the RSPN business model based on recurring aftermarket revenues, the Company has the ability to implement its e-commerce solutions and rapidly grow RSPN coast to coast.
Said Masters, ''We have created a sound strategic plan, and we have executed on the initial part of it as evidenced by the recent TEAM acquisition. The pieces are in now place to support a large number of customers for E-Com Tools and to create a national network of channel partners to bring those customers online. TEAM Technologies grew by about 40% last year. Through the TEAM acquisition and reallocation of select personnel from our Digital Graphics Business Unit, we now have more than 25% of our total personnel resources focused on the Internet/Software Business Unit, which includes RSPN and E-Com Tools. Through additional RSPN acquisitions and channel development, we expect that number will grow to approximately 35% during the March quarter and that up to 45% of total personnel will be working on Internet-related projects by June 30, 1999. RSPN is a wholly-owned subsidiary of VirtualFund.com and is expected to have profitable operations and positive cash flow which we intend to leverage in order to rapidly grow sales of Internet hosting, software tools and service revenues.'' |
