Here is the share information:
Shares issued and outstanding 13.5 million
Restricted Shares 8.5 million
Float size : approximately 3.5 million
Welcome To Search (WKWG) is a Internet company which has made it easier than ever for the average individual to search for information on the internet. So often, one has become frustrated in searching for a specific business, local or national; one give's up even after a few attempts, because there are so many irrelevant sites. Well, fear no more. WKWG has incorporated the latest technology which offers a more concise and accurate execution when searching for your favorite business. With the latest innovation and technology, WKWG will deliver the fastest and most effective site searches. May it be for a specific city, region or global, WKWG's technology will revolutionize the industry. Expected launch time of the version 2.0 is January 1999.
The true beauty of the WKWG's concept; commercial websites will not be competing with millions of other websites. WKWG will have each sector prioritized in a manner which will allow the average individual to be able to find a specific business in a specific category fast. This concept allows the businesses to reach their targeted audiences more efficiently. Businesses found in WelcomeTo's regional
search engine will not only feature basic information, but also have a direct link to each company's website.
WKWG is positioning itself to capitalize on a market that is expected to reach $400 billion in revenues by the year 2001. WKWG, by specializing and catering to the needs of the business's to become more visible and have a presence on the internet where the consumer can find them quickly and efficiently will open many avenues. WKWG's concept of a specialized search engine will allow businesses to gain a stronger market share.
MARKET
The commercial search engine (WKWG's) is a whole new concept which allows businesses to advertise their products and services on an international scale.
The advertising industry on the Internet alone is a 1.5 billion dollar industry and this is where WKWG's potential revenue lies.
The e-commerce market (buying and selling over the internet) is ideal for WKWG's technology because the larger these markets become, the more and more the businesses will require specialized search engines such as WKWG.
McCann-Erickson estimates that businesses spent approximately $77 billion in
1997 on traditional, indirect advertising efforts in local markets. With the
Internet, businesses can directly interact with consumers, receive immediate
feedback on their marketing efforts and refine advertising campaigns on a
real-time basis.
Consumers are spending a large majority of their time and money in their local communities and, as a result, Web users are increasingly seeking targeted, relevant information concerning local events, places of interest, shopping and other information that is pertinent to their local activities. According to a survey conducted by Find/SVP, over half of U.S. Internet users accessed some type of online local news and information during the first three months of 1997. Additionally, businesses are seeking cost-effective means to target advertising and direct marketing efforts based on demographic characteristics, specific interests and geographic location.
Strategic Alliances
Welcome To Search has strategically aligned itself with The SOURCE. Last year, The SOURCE grossed over $150 million in sales. The SOURCE is one of the largest catalog multi-marketing companies. The partnership is expected to bring in millions of members to WKWG's website which WKWG will receive a percentage of the gross revenue from sales and advertising sold through the SOURCE.
Blastorama Inc. is a highly regarded, four-year-old San Francisco-based Internet company which will supply graphic and database support. Members include part of the initial Java team, as well as Sun Microsystems, Berkeley systems, Compaq and Oracle.
Imaginet Communications Group Inc. developed and markets the only interactive cataloging and quoting system in North America providing electronic access via the Internet. WelcomeTo customers will be able to easily market their products on the Internet with this state-of-the-art technology. In addition, Imaginet is an Internet service provider that operates 27 corporate and franchised locations across North America and is expanding rapidly.
Transimage Graphics provides the WelcomeTo Search Engine with Virtual, real-time language translation services. Transimage gives the company the ability to have a presence in the Pacific Rim in the first year of operations through the use of automatic machine translation algorithms. This cost-effective method of translation is state-of-the-art and will be used to give WelcomeTo
a competitive advantage in many of the evolving world markets.
REVENUE STREAMS
WKWG has three primary advertising revenue streams, which will account for approximately 90% of WKWG total revenues. The revenue projections
form these three streams are based on an "introductory pricing strategy" (i.e.,
up to two thirds less than their competitors) that will allow for quick market
penetration in each of the business sectors that WKWG enters (i.e., travel, sports). The advertising packages WKWG now offers are:
Channel Sponsorship Packages will be WKWG's most highly sought after and therefore most expensive advertising package because of its exclusivity to each category and the unparalleled exposure that is provided to the advertiser.
Priority Linking Packages offer customers the ability to have their websites
listed at the top of WKWG search results relative to the business
category in which they are listed.
Welcome Mat Banner Advertising follows the traditional "banner type"
advertising that is practiced on the Internet. WKWG is offering six different
banner packages designed to suit the needs of any potential advertiser.
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