BEST OF BFN NEWSLETTER
bizfn.com
June 30, 1999
A Business Financial Network Publication
----------------------------------------
Hello Business Financial Network Readers,
In this issue, we have some news and updates on companies followed by and
previously profiled by Business Financial Network (BFN). SportsPrize
Entertainment today announced $1.0 million in financing at $4.00 per share
and Scottsdale Scientific announced expansion in the private labeling
market. BFN also offers some comments about ULTC's recent trading activity
and response to the challenge he made to BFN readers.
Within the coming week, BFN will present the July "Stock of the Month" on
AheadoftheStreet.com and OTCInvestor.com. Our July "Stock of the Month" is
a small cap e-commerce company that is already profitable with no debt and
a large cash reserve which will propel the company to higher levels! This
is unheard of in an era of Internet business with huge debt and
profitability years away. To make sure you're first to receive this
profile and research report from BFN, we suggest you sign up for the FREE
Premium Newsletter at: bizfn.com
---------------------------------------------
BFN Stock Challenge - ULTC Takes on All Picks
---------------------------------------------
So far, we have received the 16 stock picks from readers, including the ten
picks and bullish arguments that will be included in a future Premium
Newsletter mailing. Overall, we were quite impressed with the caliber of
the picks and look forward to tracking the performance of the picks versus
ULTC.
If you have not signed up for the Premium Newsletter, you can still do so
for free. Business Financial Network will not charge for the Premium
Newsletter through the end of 1999, but we do ask subscribers to provide us
with some basic demographic and investing style information so that we can
give potential advertisers some aggregate (not specific) statistics on our
readership. You may sign up for the Premium Newsletter by visiting:
bizfn.com
I have still not received 50 challenges, so if you have a stock you are
bullish on, send an e-mail to us at alexsvs@erols.com. We will accept your
picks through Sunday July 4th at Midnight EST. This is a friendly contest
and proceeds will go to charity, so what are you waiting for?
ULTC closed at $0.39 the day of the mailing and opened Friday at $0.42, so
my pick will be tracked with a starting price of $0.42. The stock closed
Wednesday at $0.54, a 33% gain since Alex von Streeruwitz reiterated his
bullishness on the Company.
The sixteen picks from readers are listed below in the order received along
with the starting price at which they will be tracked. Put these in any
portfolio tracker you use and you can keep score at home.
Best of luck to all,
Business Financial Network Staff
Picks received: Beginning Price
1) WEST $ 6 1/8
2) ASTN $10 3/4
3) STRU $0.18
4) XDSL $7.00
5) ZDZ $20.69
6) BIGC $1 1/4
7) ACRI $8 9/16
8) ATB (VSE) $0.11
9) RTEK $0.11
10) LAZT $0.72
11) FFIV $23.00
12) ACMR $5 7/8
13) CHNG $11 1/8
14) CHS $2 15/16
15) ZABC $1 7/8
16) LXXN $3.44
ULTC had some news recently which may answer some of the questions you have
regarding the company's new Web Access Cards.
On June 28, 1999, Ultimate Direct, a division of ULTC announced the
creation of its portal site Red Hot Connect.com. The site will offer
consumers discounts, savings and special offers from nationally recognized
companies that participate in ULTC's Web Access Card marketing program.
Red Hot Connect.com is expected to be live on the Internet June 30, 1999.
Red Hot Connect.com is a portal site where customers register and verify
the purchase of their Web Access Card to receive fulfillment of marketing
offers. The site creates a direct link between the real world advertisement
and the Internet through direct response techniques. As an advertising
tool, Web Access Cards and Red Hot Connect.com can deliver advertising
impressions and new customers at a very low cost to the advertiser.
Full Story:
biz.yahoo.com
------------------------------
SportsPrize Entertainment Inc.
OTC BB: JOCK
------------------------------
SportsPrize Entertainment Inc. today announced a Private Placement
financing for US $1.0 Million. Through the Private Placement, the Company
sold 250,000 shares of stock at $4.00 per share. This certainly makes
shares at $3.25 look very attractive knowing that large shareholder(s) are
buying $1.0 million of stock at the $4.00 level.
LOS ANGELES--(BUSINESS WIRE)--June 30, 1999--SportsPrize Entertainment Inc.
(OTC BB:JOCK - news), is pleased to announce a Private Placement financing
of US $1.0 Million. The company will issue 250,000 shares at a price of
$4.00 per share. Total proceeds raised by the company this year amount to
US $3,500,000.
The proceeds of this financing will be used for working capital purposes as
well as to further the Company's business strategies in order to execute
its business plan, which includes the launching of the SportsPrize Internet
site in the third quarter of 1999.
Full Story:
biz.yahoo.com
For more info:
SportsPrize Entertainment Inc.
Jeff Paquin, 888/335-3783 ext. 329
Email: info@sportsprize.com
Web site: www.sportsprize.com
or
Sonora Capital
Mathew Emery, 800/665-7684
---------------------------
Scottsdale Scientific, Inc.
OTC BB: STDS
---------------------------
Scottsdale Scientific recently announced expansion in the private labeling
market. Company sales from private labeling are expected to increase 100%
over the next two years.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 30, 1999
Scottsdale Scientific, Inc. (STDS), through its wholly owned subsidiary
NutriCology, Inc., announced today the expansion of the Company's
nutritional supplement private labeling business. The Company is investing
in new state-of-the-art equipment to provide its customers private
labeling, custom packaging and custom formulations. According to the
Private Label Manufacturing Association (PLMA), private label brands now
account for one of every five items sold in U.S. supermarkets, drug chains
and mass merchandisers. Privately labeled products represent a $43.3
billion segment of the retailing business that is achieving new levels of
growth every year.
Full Story:
biz.yahoo.com
-----------------
LCS Golf Inc.
OTC BB: LCSG
-----------------
LCS Golf Forms Agreement With ConsumerNet
June 23, 1999--LCS Golf (LCSG) is pleased to announce that it has formed a
compiled database agreement with ConsumerNet. ConsumerNet
(www.consumernet.com) is a Red Bank, N.J.-based provider of direct
marketing and internet database management solutions.
Under the terms of the agreement, ConsumerNet will manage and market the
4.2 million golfer database that LCS Golf's wholly-owned subsidiary of Golf
Promo, Inc has amassed as part of the ConsumerNet Alliance; an anonymous,
compiled file of internet consumers. With ConsumerNet's database management
system, LCS Golf will be able to segment their database into more than 20
preference and demographic categories including age, gender, and zip code.
LCS will earn substantial revenues as a result of the solicitation and use
of this database.
Full Story:
biz.yahoo.com
------------------------
Unsubscribe Instructions
------------------------
To unsubscribe, please email: majordomo@bizfn.com
with the words: unsubscribe bizfn-updates
in the body of the message. If you have trouble with this process, please
email webmaster@bizfn.com for assistance.
----------
Disclaimer
----------
© Copyright 1999, Business Financial Network, Inc. All rights reserved.
Business Financial Network, Inc. is not a Registered Investment Advisor or
a Broker / Dealer. Readers are advised that this electronic publication is
issued solely for information purposes and is not to be construed as an
offer to sell or the solicitation of an offer to buy.
The opinions and analysis included herein are based on sources believed to
be reliable and in good faith but no representation or warranty, expressed
or implied, is made as to their accuracy, completeness or correctness. This
information is not intended to be used as the sole basis of any investment
decisions, nor should it be construed as advice designed to meet the
investment needs of any particular investor. The foregoing discussion
contains forward-looking statements which are based on current expectations
and differences can be expected.
The information contained in this report is not intended to be a complete
discussion of information regarding some of the current and/or intended
business activities of companies. Readers are urged to consult with
independent financial advisors with respect to an investment in the shares
mentioned herein. Investors should review a complete information package on
all companies, which should include, but not be limited to, the Company's
annual report, quarterly report, press releases, as well as all regulatory
filings. All information contained in this report should be independently
verified with the Company mentioned herein. Any opinions expressed in this
report are statements of judgment as
of the date of publication and are subject to change without further
notice, and may not necessarily be reprinted in future publications or
elsewhere. Neither Business Financial Network, Inc. nor its officers,
directors, partners or employees / consultants accept liability whatsoever
for any direct or consequential loss arising from any use of this report or
its contents.
Business Financial Network, Inc. has been compensated the following by
companies featured in this newsletter:
- SportsPrize Entertainment Inc: 24,000 shares by Senora Capital
- Scottsdale Scientific, Inc: 28,000 shares by Thor Equity Group
Compensation was in exchange for consulting services including, but not
limited to, research, project analysis, and electronic dissemination of
this report and other updates on each company. Employees and/or principals
of Business Financial Network, Inc. may purchase shares on a voluntary
basis in the open market and may buy or sell shares in any company without
prior notification depending on market conditions and personal financial
circumstances.
THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE
INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS
SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We encourage the reader to review the investing information available with
the Securities and Exchange Commission ("SEC") at sec.gov and /
or the National Association of Securities Dealers ("NASD") at
nasdr.com. Readers can review all public filings by the Company
at the SEC's EDGAR page. The NASD has published information on how to
invest carefully at its web site.
|
