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Microcap & Penny Stocks : ALFN - Toy Store On The Internet

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To: paulbk who wrote (908)2/22/1999 7:44:00 PM
From: Blitz  Read Replies (1) of 2136
 
Post from Raging Bull

By: raybeggs
Reply To: NoneMonday, 22 Feb 1999 at 7:24 PM EST
Post # of 1787

Okay..I just got off the phone with Michael Porter..here is the STRAIGHT SCOOP from the horses mouth..those of you that know me know that I am a straight shooter and I am not a hyp'er...here is what he told me:

Announcement will come out tomorrow..he is trying for a morning release

Announcement will be an overview of the company and list the near and long term goals of the company..pretty much like an investor communique

Web page opening is set for March 1st and website will include online games for the kids that mimick the toys they sell which will be able to be purchased online.

ANOTHER ANNOUNCEMENT will be put out towards the end of the week. This will be a MAJOR announcement involving the website...

Over all my feelings are that Michael Porter is really overwhelmed right now...he is just as surprised as us by the swings in price today..he is in the process of hiring a PR firm right now, but it should be pointed out that he has called everyone back who has called him..

Alottafun has been around since 1993, and a man named Tom Rathsack is going to manage a lot of their new toys..he has 20 years experience in the business and is well known in the industry. They are also working on a collectable line of toys (not plush) that will target the $1-2 price range and will be working with retailers on that also..They target the 3-6 year old market with games, toys and plush..

As per the SEC, ALFN will report their financials by August of 1999..they are in the middle of an audit right now..(all OTC-BB must report their financials in the future)

Over all I would say that this is a GREAT opportunity...this is no mom and pop thing..this company is established and poised to do a lot..I think they are just overwhelmed by all the attention right now...also, he says it's hard to balance getting back to all of us and doing business, but he feels it is VERY important to return every phone call...he was just finishing the PR when we talked and it was being processed...he doesn't even know how long it exactly takes, but he's hoping for tuesday morning..

Well...there it is, I left him my phone # and told him to call me if he has any news or needs to clear up anything..also, if you have any questions, you can leave them for me and I will forward them to him.. That is it...straight from the horses mouth..

Ray

Cheers
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