To: JWC who wrote (31420 ) 6/18/1999 1:14:00 AM From: Suzanne Newsome Read Replies (2) | Respond to of 44908
Income Summary and discussion. Analysis and projection of gross profit from 5 sources for the hypothetical July, ‘99-June,'00 year have been made. Total projected gross profit and the reference posts are as follows. Warning: following post contains positive information. Beware! Lifetime Learning....$372 million....Post #30182 FBLA...$12.5 million....Post #30043 Signature Group....$4.5 million....Post #30169 NetTaxi....$2.8 million....Post #31084 Volleyball....$2.1 million....Post #31085 Total $393,900,000 This number is a prediction of the future in a situation where there is no history, no track record. In reference to NetTaxi, management has said to me, "We have no idea what that's going to do." It's very important to read the individual posts and make a decision about whether these are realistic predictions or not. If anybody will provide evidence or thoughtful information on why any of the projections are wrong, I will revise the projection—up or down. What is being left out? Babe Ruth for starters. It has been impossible to get information in the form of numbers on what BR is doing. The general conclusion is "not much." I was gratified to read Chuckwalla's comment from Paul Henry (Yale '69) saying TSIG got into BR too late. I had figured that out. If TSIG had run into the BR deal about 3 months earlier, BR could have been another story. The good news is that there is next year. It was good to hear Paul Henry say there is going to be a next year. BR is a very large organization, and they apparently play baseball a good chunk of the year. But Babe Ruth is not included in the $393.9 million. When it is confirmed that TSIG will be doing business with BR next year, I'll include a Babe Ruth projection. TEMPO has been left out. There are all kinds of rumors floating around. Warning: some rumors have proved to be untrue in the past. But we do not have a PR announcing a specific deal including revenue. If such a PR happens, I'll include a TEMPO projection. No projection has been made to include any advertising revenue. If traffic on the web site increases in response to the Lifetime Learning as it is thought it will, then the "page views" will allow TSIG to sell advertising. When that is announced or we see the advertising, I will include that in the gross profit figure. Any information anybody knows about how that works--- numbers, rates, etc.—I would appreciate hearing from you. Nothing about the distributorships has been included. Some distributorships are non-paid (i.e. former CCI people) and perhaps already working. Information is that 6-10 fully paid distributors are ready to sign. Note: this has not been confirmed! Projecting distributorship revenues will be a real venture into the unknown due to so many variables. When the distributorships are announced they will be included in the total. What else is missing? Any deal that is announced by Sept.-Dec. could have an impact on our hypothetical fiscal year. Some deals may have very short ramp up times, and a late announcement date may still allow for revenues to be realized by June 30, 2000. Any deals that are announced that may impact earnings will be included. What missing things am I missing? The list of missing things is nothing to sneeze at. Anyway, this is something to think about while we wait for the PP holders to stop playing with our stock. Note: TSIG is a very high risk stock. Regards, Suzanne