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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC.

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To: Daniel Miller who wrote (159)3/16/1999 4:22:00 PM
From: RICE  Read Replies (2) of 4128
 
Just had a great conversation with Kelly Kellner in Investor relations, I will list in point form below all of the great things he told me that are in the works with this company. These guys are definitely the real deal. Great pick Daniel. Keep in mind they are aware that MM's are shorting stock and they are going to have to let go soon with all of the positive info that will be flowing not to mention buying.

- Float is 3.2 million

- Principals of company have close to 6 million dollars of their own
money invested in the company. They have just invested close to a quarter million dollars on their web page.

- February revenue was strong and highly profitable. They will be fully reporting in 45 days and are in the process of doing so.

- There will be very strong announcements in the next days to come. Strategic alliances should be part of it. They are currently in talks with Amazon.com. Amazon also reccommended they speak at a conference coming up in San Francisco which would provide the company with incredible exposure.

- Kelly will be doing a TV show in LA April 1st on emerging growth ompanies in which ABFG will be one of them. Along with this, they will be doing a full out media blitz, including TV, Radio and print campaigns.

- Their goal is to be listed on the AMEX by the end of July.

- There are a total of 72 employees on the ABFG payroll.

- Markups are very high on all products. For example the earrings on special on front page are selling for $119 and they profit $ 90 of it. Lots of profit.

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The above is exactly what Mr. Kellner has told me. He is very approachable and he answered all my questions. I urge everyone to do their own DD and call him if you have any questions. IMO this company is a steal at these prices and are headed way up. Daniel you say 1.00 in the next couple of weeks and 2-3 in the next month or two. After this conversation I think you are right on the mark.

rodeoisland.com
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