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To: GC who wrote (3)6/24/1999 9:25:00 AM
From: GC  Respond to of 14
 
Tuesday June 15, 7:59 am Eastern Time

Company Press Release

JVWEB Commences Trading On
Frankfurt Exchange

HOUSTON--(BUSINESS WIRE)--June 15, 1999--JVWEB, Inc. (OTCBB:JVWB -
BERLIN-BE:JVW - FRANKFURT-FSE:JVW) announced today the Company has commenced
trading on the Frankfurter Wertpapierborse, the third market segment of the Frankfurt Stock
Exchange. The Frankfurt listing with Finacor of Frankfurt, Germany acting as the JVWEB specialist,
will provide European Union investors with additional direct access to the Company's common
stock.

Greg Micek, President and CEO of JVWEB stated; ''Listing on the Frankfurt Exchange will
compliment the Company's financial strategy for expansion of our ongoing developments throughout
Europe. Additionally, with Finacor acting as the specialist for both the Berlin and now Frankfurt
listing, we are confident that news, research and shareholder information will be even more
accessible to our European investors.''

Finacor offers brokerage services of securities traded on various German Stock Exchanges. The
company brokers in all German traded shares, options and acts as a specialist for various
international companies on the Frankfurt, Berlin and Munich Stock Exchanges. The current price of
common shares, denominated in Euro, and volume of trading will be available under the Frankfurt
stock symbol JVW:FSE or by using the WKN code 914845 at:
informer.comdirect.de:9004/cd/index.html.

JVWEB was formed to pursue electronic commerce opportunities over the Internet. The Company's
objective is to build a strategic Internet capability for two primary uses: 1) to offer products, services
and advertising through joint ventures with established businesses, and 2) to offer its services on a
fee basis for clients in need. JVWEB provides the technical, web marketing and Internet business
expertise while the established businesses provide the products and services offered and the related
business acumen. For more information concerning JVWEB, please visit the Company's website at
www.jvweb.com.

Safe Harbor Act Notice: Certain matters discussed in this news release are forward-looking
statements, as it is defined in the Private Securities Litigation Reform Act of 1995. Such forward
looking statements are subject to a number of known and unknown risks and uncertainties including,
but not limited to, business-to-business opportunities on the Internet, the timeliness of Internet
development activities, as well as availability of human and financial resources; which may cause
actual results to differ materially from those expressed in any forward-looking statements made by or
on behalf of JVWEB.

Contact:

DeMonte Associates, New York
Cynthia DeMonte or Sean Leous
212/473-3700
cdemonte@demonte.com
sleous@demonte.com
Fax: 212/707-8668

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JVWEB Inc (OTC BB:JVWB - news)
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Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are
copyrighted. Any forms of copying other than an individual user's personal reference without express written
permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to,
posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: GC who wrote (3)6/24/1999 9:27:00 AM
From: GC  Respond to of 14
 

Monday June 7, 7:33 am Eastern Time

Company Press Release

JVWEB Director Attends Tokyo
SDMI Industry Forum

HOUSTON--(BUSINESS WIRE)--June 7, 1999--JVWEB Inc. (OTCBB:JVWB - news)
announced today Louis A. Ferro, Director of Internet Strategies, for JVWEB will represent the
Company and AMP3.COM at the Secure Digital Music Industry Forum in Tokyo, Japan. Mr.
Ferro will participate in both the Functional Requirements Working Group and The Portable Devices
Working Group sessions.

Greg Micek, President and CEO of JVWEB stated, ''Both JVWEB and AMP3.COM will continue
to seek additional opportunities and joint ventures with leaders in the music and software industries.
Having representatives at prestigious industry forums such as SDMI, will allow
JVWEB/AMP3.COM to remain current with emerging technologies and the rapidly expanding
digital music market.''

JVWEB was formed to pursue electronic commerce opportunities over the Internet. The Company's
objective is to build a strategic Internet services capability for two primary uses: 1) to offer products,
services and advertising through joint ventures with established businesses, and 2) to offer its
services on a fee basis for clients in need. JVWEB provides the technical, web marketing and
Internet business expertise while the established businesses provide the products and services
offered and the related business acumen. For more information concerning JVWEB, please visit the
Company's website at www.jvweb.com

AMP3.COM is a privately held company based in Kingwood, Texas. As a pioneer in the arena of
digital music distribution over the Internet, AMP3.COM is poised to become one of the premier
music destinations on the Web. AMP3.COM's progressive vision, selection of music, artistic
relationships, strategic alliances and leading-edge technology contribute to superior music content for
the end-user. The company's website is www.amp3.com.

SDMI: The Secure Digital Music Initiative brings together the worldwide recording industry and
technology companies to develop an open, interoperable architecture and specification for digital
music security. The specification will answer consumer demand for convenient accessibility to quality
digital music, enable copyright protection for artists' work, and enable music companies to build
successful businesses. Additional information about SDMI can be found at www.sdmi.org.

Safe Harbor Statement: Certain matters discussed in this news release are forward-looking
statements, as it is defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to a number of known and unknown risks and uncertainties
including, but not limited to, business-to-business opportunities on the Internet, the timeliness of
Internet development activities, as well as availability of human and financial resources, which may
also cause actual results to differ materially from those expressed in any forward-looking statements
made by or on behalf of JVWEB.

Contact:

CONTACTS: DeMonte Associates, NY, NY
Cynthia DeMonte or Sean Leous
212/473-3700
Cdemonte@demonte.com or sleous@demonte.com

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JVWEB Inc (OTC BB:JVWB - news)
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copyrighted. Any forms of copying other than an individual user's personal reference without express written
permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to,
posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: GC who wrote (3)6/24/1999 9:29:00 AM
From: GC  Respond to of 14
 


Tuesday May 18, 7:30 am Eastern Time

Company Press Release

JVWEB Completes Registration of
Warrants

HOUSTON--(BUSINESS WIRE)--May 18, 1999--JVWEB, Inc. (OTC BB:JVWB) today
announced that the Company has completed the updating of its warrant registration with the U.S.
Securities Exchange Commission. Holders of JVWEB's warrants may now submit their warrants for
exercise. Each of JVWEB's Class A Warrants (OTCBB: JVWBW - news) may be exercised by the
payment of an exercise price of $1.00. Upon exercise of a Class A Warrant, the exercising warrant
holder will receive one share of JVWEB common stock and two JVWEB Class B Warrants. Each
Class B Warrant entitles the holder to purchase one share of JVWEB common stock at an exercise
price of $2.00. The Company expects JVWEB's Class B Warrants to initiate trading in the near
future.

''We are pleased that the updated warrant registration which was filed with the Securities and
Exchange Commission has been approved,'' stated Greg Micek, President and CEO of JVWEB.
''All holders of JVWEB Class A Warrants are encouraged to exercise their warrants at this time.
We are confident that the additional funding (totaling $22.5 million) upon the exercise of all the
registered JVWEB warrants will significantly advance the Company's pursuit of its business plan and
provide additional funding for strategic acquisitions to enhance the value of JVWEB'common stock.''

Persons holding Class A Warrant certificates may exercise their warrants in the following manner:

1. Complete the election to purchase form on the backside of the

warrant certificate. 2. Sign the completed election to purchase form in the appropriate

place, and have the signature guaranteed by a member firm of a

national securities exchange, a commercial bank or trust company,

a member of the National Association of Securities Dealers, Inc.

or other eligible guarantor institution which is a participant in

a signature guarantee program; and 3. Return the properly signed and completed election to
purchase

form (together with a check or money order payable to ''JVWEB

Inc.,'') to JVWEB's Transfer Agent: American Stock Transfer and

Trust Company, at 6201 15th Avenue, 2nd Floor, Brooklyn, NY

11219, Attention: Imre Farkas. The amount of the check or money

order should equal the number of Class A Warrants being exercised

multiplied by $1.00.

Class A Warrant holders who have deposited their warrants in brokerage accounts should contact
their account representatives regarding the manner for exercising the Class A Warrants.

JVWEB was formed to pursue electronic commerce opportunities over the Internet. The Company's
objective is to build strategic Internet services for two primary uses: 1) to offer products, services
and advertising through joint ventures with established businesses, and 2) to offer its services on a
fee basis for clients in need. JVWEB provides the technical, web marketing and Internet business
expertise while the established businesses provide the products and services offered and the related
business acumen. For more information concerning JVWEB, please visit the Company's website at
www.jvweb.com.

Safe Harbor Statement: Certain matters discussed in this news release are forward-looking
statements, as it is defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to a number of known and unknown risks and uncertainities
including but not limited to, business-to-business opportunities on the Internet, the timeliness of
Internet development activities, as well as availability of human resources, which may cause actual
results to differ materially from those expressed in any forward-looking statements made by or on
behalf of JVWEB.

Contact:

DeMonte Associates
Cynthia DeMonte or Sean Leous, 212/473-3700
E-mail: Cdemonte@demonte.com or sleous@demonte.com
Fax: 212/707-8668

More Quotes and News:
JVWEB Inc (OTC BB:JVWB - news)
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Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are
copyrighted. Any forms of copying other than an individual user's personal reference without express written
permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to,
posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: GC who wrote (3)6/24/1999 9:31:00 AM
From: GC  Respond to of 14
 

Thursday May 6, 6:51 pm Eastern Time

Company Press Release

JVWEB Enters Into Joint Venture to
Create iHomeline.com

Website To Target Largest Internet Market Segment -- Men & Women
Between the Ages of 29 to 59

HOUSTON--(BUSINESS WIRE)--May 6, 1999-- JVWEB, Inc. (OTC BB:JVWB) today
announced that the Company has entered into a joint venture to launch and deploy a new and unique
Internet site. The site, www.iHomeline.com, being formed in conjunction with radio home talk host
Jim Neidner, President of Neidner Construction/Remodeling Inc., featured in Remodeling Magazine,
Texas Builders Trend Magazine, Houston House and Home Magazine, targets one of the most
affluent consumer groups in the U.S - men and women between the ages of 29 to 59.

www.iHomeline.com will consist of numerous channels featuring home construction and related
disciplines including: home remodeling, new home construction, gardening, home/gardening products,
home buying and selling, energy tips, chat rooms, home care and maintenance, and a home/garden
broadcast online. The primary source of revenue is expected to be generated from the retail sale of
products offered from major manufacturers with whom the Company is presently in discussions.

JVWEB and Jim Neidner each own 50% ownership interest. Mr. Neidner, recently elected to the
Hall of Fame by Remodeling Magazine, has won several awards in building. Neidner's extensive
expertise in construction encompassing over 27 years will be complemented by JVWEB's online
execution and implemention for all of the joint venture's online requirements.

Greg Micek, President and CEO of JVWEB, commented, ''As JVWEB continues its aggressive
pursuit of e-commerce opportunities, we believe that this service and product offerings, spearheaded
by an industry leader, Jim Neidner, and empowered by the Company's Internet expertise, combines
to create a strong team.''

The Company is presently in negotiations regarding financing alternatives to fund the website and
expedite deployment.

JVWEB was formed to pursue electronic commerce opportunities over the Internet. The Company's
objective is to build strategic Internet services for two primary uses: 1) to offer products, services
and advertising through joint ventures with established businesses, and 2) to offer its services on a
fee basis for clients in need. JVWEB provides the technical, web marketing and internet business
expertise while the established businesses provide the products and services offered and the related
business acumen. For more information concerning JVWEB, please visit the Company's website at
www.jvweb.com.

Safe Harbor Statement: Certain matters discussed in this news release are forward-looking
statements, as it is defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to a number of known and unknown risks and uncertainities
including but not limited to, business-to-business opportunities on the Internet, the timeliness of
Internet development activities, as well as availability of human resources, which may cause actual
results to differ materially from those expressed in any forward-looking statements made by or on
behalf of JVWEB.

Contact:

DeMonte Associates, New York
Cynthia DeMonte or Sean Leous
212/473-3700
Cdemonte@demonte.com or sleous@demonte.com
Fax: 212-707-8668

More Quotes and News:
JVWEB Inc (OTC BB:JVWB - news)
Related News Categories: computers, construction, internet, retail

Help

Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are
copyrighted. Any forms of copying other than an individual user's personal reference without express written
permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to,
posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: GC who wrote (3)6/24/1999 9:33:00 AM
From: GC  Respond to of 14
 


Wednesday May 5, 10:43 am Eastern Time

Company Press Release

JVWEB Director Participates in
London SDMI Conference

Secure Digital Music Initiative/Worldwide Forum for Recording and
Technology Industries

HOUSTON--(BUSINESS WIRE)--May 5, 1999--JVWEB, Inc. (OTC BB:JVWB - news)
announced today Louis A. Ferro, Director of Internet Strategies for JV WEB, represented the
Company and its strategic partner AMP3.COM at the Secure Digital Music Initiative Conference in
London. Mr. Ferro will represent JVWEB/AMP3.COM in Functional Requirements Working
Group. Manufacturers, software companies and representatives from the five major record
companies, attended the conference dedicated to creating open, interoperable architecture and
associated specifications for the digital music industry.

Greg Micek, President and CEO of JVWEB stated, ''As recently announced, JVWEB's alliance
with AMP3.COM represents an opportunity to participate in the explosive transition occurring in the
music industry, into the distribution of digital music, over the Internet. By joining the Secure Digital
Initiative and having Louis represent our efforts, the Company will be current and cognoscente of
developments and opportunities in this emerging market. Concurrently, JVWEB and AMP3.COM,
as industry trend-setters, hope to significantly contribute to security issues in digital music.''

Additionally, Michael Sharp, President and CEO of AMP3.COM stated: ''The SDMI initiative
represents a milestone for artists on this emerging distribution channel. The Management of
AMP3.COM looks forward to furthering the careers of musicians while remaining on the cutting
edge of technology.''

JVWEB was formed to pursue electronic commerce opportunities over the Internet. The Company's
objective is to build a strategic Internet services capability for two primary uses: 1) to offer products,
services and advertising through joint ventures with established businesses, and 2) to offer its
services on a fee basis for clients in need. JVWEB provides the technical, web marketing and
internet business expertise while the established businesses provide the products and services offered
and the related business acumen. For more information concerning JVWEB, please visit the
Company's website at www.jvweb.com.

AMP3.COM is a privately held company based in Kingwood, Texas. As a pioneer in the arena of
digital music distribution over the Internet, AMP3.COM is poised to become one of the premier
music destinations on the Web. AMP3.COM's progressive vision, selection of music, artistic
relationships, strategic alliances and leading-edge technology contribute to superior music content for
the end-user. The company's website is www.amp3.com.

ABOUT SDMI: The Secure Digital Music Initiative brings together the worldwide recording industry
and technology companies to develop an open, interoperable architecture and specification for digital
music security. The specification will answer consumer demand for convenient accessibility to quality
digital music, enable copyright protection for artists' work, and enable music companies to build
successful businesses. Additional information about SDMI can be found at www.sdmi.org.

Safe Harbor Statement: Certain matters discussed in this news release are forward-looking
statements, as it is defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to a number of known and unknown risks and uncertainties
including, but not limited to, business-to-business opportunities on the Internet, the timeliness of
Internet development activities, as well as availability of human and financial resources, which may
cause actual results to differ materially from those expressed in any forward-looking statements
made by or on behalf of JVWEB.

Contact:

DeMonte Associates, NY
Cynthia DeMonte or Sean Leous, 212-473-3700
Cdemonte@aol.com or sleous@aol.com

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JVWEB Inc (OTC BB:JVWB - news)
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Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are
copyrighted. Any forms of copying other than an individual user's personal reference without express written
permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to,
posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: GC who wrote (3)6/24/1999 9:35:00 AM
From: GC  Respond to of 14
 


Wednesday April 21, 7:32 am Eastern Time

Company Press Release

JVWEB Hires Internet Strategies
Director

Former Manager of Internet Strategies for Deloitte Consulting Joins JVWEB

HOUSTON--(BUSINESS WIRE)--April 21, 1999--JVWEB, Inc., (OTC BB:JVWB - news)
announced today Louis A. Ferro has been appointed as Director of Internet Strategies for JVWEB.

Mr. Ferro served as an Internet Strategist at the management level at Deloitte Consulting, New
York, New York. Prior to that, he was Managing Director of VoteAmerica, Inc. an online
marketing and research company. In addition to his extensive experience in e-business strategies and
solutions, Mr. Ferro has a background in International Relations, which included two years of
service as an Associate at the Council of Foreign Relations, a non-profit think tank.

Greg Micek, President and CEO of JVWEB stated: ''Louis Ferro combines expertise in Web
based communications and International Affairs. His background and personal contacts will be an
outstanding asset to overall direction and growth of the Company. Additionally, Mr. Ferro is making
significant contributions to our recently announced joint venture with APM3.com.''

For more information concerning JVWEB, please visit the Company's website at www.jvweb.com .

Safe Harbor Statement: Certain matters discussed in this news release are forward-looking
statements, as it is defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to a number of known and unknown risks and uncertainities
including, but not limited to, business-to-business opportunities on the Internet, the timeliness of
Internet development activities, as well as availability of human and financial resources, which may
cause actual results to differ materially from those expressed in any forward-looking statements
made by or on behalf of JV WEB.

Contact:

DeMonte Associates
Cynthia DeMonte/Sean Leous, 212-473-3700
Fax: 212/707-8668
Cdemonte@aol.com
sleous@aol.com

More Quotes and News:
JVWEB Inc (OTC BB:JVWB - news)
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Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are
copyrighted. Any forms of copying other than an individual user's personal reference without express written
permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to,
posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: GC who wrote (3)6/24/1999 9:37:00 AM
From: GC  Respond to of 14
 
Tuesday April 13, 7:29 am Eastern Time

Company Press Release

JVWEB AND AMP3.COM Announce
Strategic Alliance

Strategic Alliance to Further Web Presence

HOUSTON--(BUSINESS WIRE)--April 13, 1999--JV WEB, Inc., (OTC BB:JVWB - news)
and AMP3.COM today announced the formation of a strategic alliance.

This alliance is structured as an exchange of shares and has a closing date scheduled for later this
week. JV Web will exchange 200,000 of its restricted shares for a 5% interest in AMP3.COM.
This fundamental relationship gives AMP3.COM access to JV WEB's array of resources, as both
companies advance their e-commerce positions on the Internet.

''We were sold on JV WEB's complete package of services that can be deployed to meet our
growth needs,'' stated Michael Sharp, President of AMP3.COM. ''We believe we have a timely
business model and JV WEB rounds out our ability to respond rapidly in the key areas of business
marketing, strategic relationships and the technical requirements necessary to build our capabilities.''

''This relationship affirms our overall business model,'' stated Greg Micek, CEO and President of JV
WEB, Inc. ''Our strategy is to identify those brands that meet our criteria for potential success over
the Internet. AMP3.COM met all the criteria established by JV WEB and we look forward to a
long-term relationship.''

JV WEB was formed to pursue electronic commerce opportunities over the Internet. The
Company's objective is to build a strategic internet services capability for two primary uses : 1) to
offer products, services and advertising through joint ventures with established businesses, and 2) to
offer its services on a fee basis for clients in need. JV WEB provides the technical, web marketing
and internet business expertise while the established businesses provide the products or services
offered and the related business acumen. For more information concerning JV WEB, please visit the
Company's website at www.jvweb.com.

AMP3.COM is a privately held company based in Kingwood, Texas. As a pioneer in the arena of
digital music distribution over the Internet, AMP3.COM is poised to become one of the premier
music destinations on the Web. AMP3.COM's progressive vision, selection of music, artist
relationships, strategic alliances and leading-edge technology contribute to superior music content for
the end-user. AMP3.COM receives 2 million hits per month, and is growing rapidly by catering to a
loyal audience. The company's website is www.amp3.com.

Safe Harbor Statement: Certain matters discussed in this news release are forward-looking
statements, as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to a number of known and unknown risks and uncertainties including, but not
limited to, business-to-business opportunities on the Internet, the timeliness of Internet development
activities, as well as availability of human and financial resources, which may cause actual results to
differ materially from those expressed in any forward-looking statements made by or on behalf of JV
WEB.

Contact:

JV WEB:
DeMonte Associates, New York
Cynthia DeMonte or Sean Leous, 212/473-3700
Fax: 212-707-8668
Cdemonte@aol.com or sleous@aol.com
or
AMP3.COM:
Merger Communications, Houston
David Whitman, 713/267-2328
Fax: 713-572-2566
merger@earthlink.net

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JVWEB Inc (OTC BB:JVWB - news)
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Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are
copyrighted. Any forms of copying other than an individual user's personal reference without express written
permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to,
posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: GC who wrote (3)6/24/1999 9:39:00 AM
From: GC  Respond to of 14
 
February 12, 1999

JVWEB INC (JVWB)
Quarterly Report (SEC form 10QSB)

MANAGEMENT'S DISCUSSION AND ANALYSIS

SUMMARY

In general, JVWeb is structured to pursue two main business activities: 1) the joint venturing of
Brands that have strong on-line commerce potential, and 2) the building of a strong fee for service
division to deepen our capabilities. In this past quarter, management refined its focus on building a
strong fee for service division. A significant percentage of the resources of the company were
devoted to developing a well-defined marketing campaign around very specific consulting services
that emphasized the strengths of the company. At the present time, JVWEb has no significant
contracts signed as a result of these efforts. Management anticipates seeing the benefits of this effort
in the quarter ending March 31, 1999.

We have established three profit centers within our fee for service division. The first is a web-hosting
service, based in Phoenix, Arizona. The second is the web development capabilities of Lernout &
Hauspie that we market in the U.S. The third is the strategic internet services consulting that is the
core expertise of JVWEb.

Among the resources that have been established to initiate the marketing of a fee for service division
are the previously announced web-hosting facility (co-located with GTE), as well as the offices being
established in New York and San Francisco. The company continues to build on its relationship with
Lernout & Hauspie (L&H). Management, for example, is exploring opportunities to leverage the
capabilities of L&H in the U.S., while offering its web-hosting and other services to L&H in Europe.
We are hopeful that these efforts will produce significant revenue growth for us. However, at this
time, we have not signed any significant contracts as a result of these efforts.

INCOME STATEMENT
Revenue. Management had previously announced its first web-hosting customer at the end of this
quarter. Revenue for web-hosting will initiate in January, 1999, and we are hopeful it will grow as
new customers are added. Management also is hopeful consulting revenue will initiate in the quarter
ending March 31, 1999.

General and Administrative Expenses. Out of the total G&A expenditures for the quarter, 44%, or
$55,000 was due to the write-off of accumulated expenditures related to the aborted acquisition of
Wall Street Whispers. Management is continuing to have discussions with the owners of Whispers
for a joint marketing relationship around the Whispers newsletter, however, no agreement has been
reached at this time on that possibility.

A material percentage of the remaining G&A expenditures represented travel and organizational
costs associated with the establishment of a presence in New York and California, as well as the
pursuit of development with L&H in their Ipswich (London) office. Additional expenditures were
incurred in establishing the web hosting capability in Phoenix, Arizona.

Remaining G&A expenditures were related to the costs of being a public company, including the
associated costs of maintaining a fully reporting status with the
S.E.C.

BALANCE SHEET

Cash. The principal shareholder and related parties, continue to fund the minimal operations of the
company on an as-needed basis.

Inventory. Inventory of $8,946 represents merchandise related to the Dadandme and Frogletz
product lines. Management continues to explore relationships and joint venture opportunities that will
support a marketing campaign to build these on-line brands. At this time, no such talks are in serious
discussion stages.

Accounts Payable. As of February 15, 1999, a majority of the costs, which were associated with
the establishment of JVWeb as a public company, have been paid.

Notes Payable to Related Parties. We anticipate paying off these notes in 1999.

Recent Filings: Jun 1998 (Qtrly Rpt) | Sep 1998 (Annual Rpt) | Nov 1998 (Qtrly Rpt) | Feb 1999 (Qtrly Rpt)
More filings for JVWB available from EDGAR Online
EDGAR Online offers detailed company intelligence with Real Time SEC Filings, Full Search, People, Personal
and more.

Copyright © 1999 Yahoo! Inc. All Rights Reserved.
See our Important Disclaimers and Legal Information.
All Rights Reserved.
Questions or Comments?



To: GC who wrote (3)6/24/1999 9:41:00 AM
From: GC  Read Replies (2) | Respond to of 14
 

November 16, 1998

JVWEB INC (JVWB)
Quarterly Report (SEC form 10QSB)

MANAGEMENT DISCUSSION AND ANALYSIS

The period ending September 30, 1998 was one of continued development of the Company's
business model. The Company maintains, on an on-going basis, active efforts in pursuing its dual
growth strategy: 1) having a strong fee for service division, and 2) establishing joint ventures with
proven brands.

In its fee for service division, the company is establishing the core technical resources required to be
a Strategic Internet Services Company. In the joint venture division, the Company continues to
evaluate branding opportunities to partner up with.

The revenues for the quarter , reported as $16,315, were consulting fee revenues that are one-time
fees.

The material elements of the general and administrative expenses for the quarter of $195,596 were:
1) common stock issued for services, $33,943, 2) the write-off due to the termination of discussions
on the acquisition of the Whispers newsletter, $55,000, and 3) general operating expenditures of
$84,113. The Company has reduced operating expenditures significantly in the present quarter in
response to the termination of the Wall Street Whispers acquisition discussed below.

On July 31, 1998, the Company entered into an Asset Purchase Agreement (the "Agreement") to
acquire all of the assets (collectively, the "Assets") comprising a financial publication know as "Wall
Street Whispers" (the "Publication"). The Agreement provided for periodic installment payments on
the purchase price for the Assets and that title to the Assets would be transferred to the Company
upon full payment of the purchase price. Subsequent to the execution of the Agreement, the decline
in the stock market during August 1998, the subsequent stock market volatility and the Company's
concerns related to the overall financing of the transaction, raised serious doubts as to the desirability
of consummating the acquisition of the Publication. After the extension of the closing date for the
acquisition and sale of the Assets twice, and after an exhaustive analysis of this acquisition and the
consideration of several additional acquisition opportunities, the Company proposed to the sellers of
the Assets that they mutually terminate the proposed sale and acquisition of the Publication. On
October 30, 1998, the Company and such sellers executed a termination agreement and mutual
releases, mutually terminating the proposed sale and acquisition. Consistent with the terms of the
Agreement, the sellers were permitted to retain all prior payments on the purchase price for the
Assets, which totaled $55,000.

Recent Filings: Jun 1998 (Qtrly Rpt) | Sep 1998 (Annual Rpt) | Nov 1998 (Qtrly Rpt)
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