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Microcap & Penny Stocks : XSNI - X-Stream Network -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (2379)7/27/1999 7:40:00 AM
From: Troutbum  Read Replies (1) | Respond to of 3519
 
The culprit is UK-based X-Stream, which has franchised its name and technology to a group of Cape Town service providers.

Franchised meaning...X-Stream sells the service, software, etc., and the franchisee takes the majority of the risks?

Backers include X-Stream itself and Real Media SA, a subsidiary of US-based Real Media, which sells online advertising.

Granted, there may not be much $$$ spent on adspend at present, but will this increase in the next few years? If it does, X-Stream may end up being well positioned to receive a large % of it. Of course, if free ISP's w/banner ads are proven not to be a viable business model, all bets are off.