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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?


To: bob sims who wrote (1884)6/8/1999 3:47:00 PM
From: BORIS BADENUFF  Read Replies (2) | Respond to of 7056
 
wrightstock.com./hitsgalo.htm
Hitsgalore.com

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The Analysis!!

Original Coverage Date: 3/26/99
Update:
Category: Growth
Expected Volatility: High
Risk Rating: Average
Price as of last update:
Price at initial coverage: $6.25
Description

Hitsgalore.com (HITT) is a profitable Internet company with an Internet search engine located at hitsgalore.com. The HITT business model is based on offering Free Lifetime Banner Placement, a Keyword Bid & Rank program and Local City Editions featuring local content. HITT strives to provide porn- free searching and does not accept or encourage any porn or adult content listings on its site.
HITT completed a reverse merger with Systems Communication (SCMI) on March 19 in order to become a publicly traded company. All former SCMI employees subsequently resigned and shares in SCMI's International Healthcare Solution (IHSI) will be distributed to shareholders of record on April 6, 1999. HITT has 48 million current shares and it is estimated by the company that approximately 3 million of these shares represent the initial free trading float of HITT.

Current Situation

The Company announced gross revenues for February 1999 of $152,369. This is more than double the January 1999 revenues of approximately $70,000. The website came out of beta testing in late November '98 and generated revenues of less than $20,000 from inception to 12/31/98 (all revenue figures are unaudited). The Company anticipates announcing continued growth for this month.
Outlook

HITT represents a ground floor opportunity to invest in an Internet company that may experience explosive growth. We feel the recent enhancements to their website represent a significant improvement over the previous version and we are assuming that HITT will continue to make refinements.
As more investors find out about HITT, their stock price may experience significant appreciation. At the current price, HITT has a very attractive risk/reward relationship.