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Non-Tech : TrimFast Group Inc, (OTC BB - TRIM)

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To: Stroke who wrote (1)4/22/1999 10:57:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 35
 
Stroke my broker put me on conference call with Michael J. Muzio, President and CEO of TrimFast Group earlier this evening.

TRIM has already concluded a 504 offering. They actually have 410,000 shares in the float(that includes the 504). Of the 3.1 million shares outstanding Mr Muzio owns 1.8 million. Those shares are restricted for 2 years.

In 1997 the company had around $700,000 in revenues. In 1998 that jumped to $3.2 million in revenues and around $690,000 in pre tax profits. In 1999 TRIM is projecting $10 million in revenues and $2.5 million in pre tax profits. The company will file a Form 10 shortly to become fully reporting. They have over $2 million dollars in the bank and future earnings looking forward.

If all this doesn't sound good then how about when the company begins to really advertise and sell products over the internet. None of what I'm posting is fantasy. You'll see this TRIM fully reporting and backing up the information shared with me by Michael J Muzio soon.

Thanks for asking, Jeff
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