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Microcap & Penny Stocks : UPCA - Uniprime Capital Acceptance, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Janice Shell who wrote (580)	8/22/1999 12:33:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 640

Re: July 1998 Profile of UPCA by FNTT UNIPRIME CAPITAL ACCEPTANCE, INC. OTC BB: UPCA ----------------------------------------------------------------------------- The growth of Wall Street over the past decade has opened the door for many industry groups that, 10 or 20 years ago, might not have been considered suitable candidates as public companies. An industry group that has recently become a new target for Wall Street money is the automotive dealership. There is definitely a reason that Republic Industries (NYSE: RII) under the direction of the master of consolidation in fragmented industries, Wayne Huezinga, has been paying top dollar for car dealerships all over the country. To date, Republic Industries has acquired approximately 300 of the 25,000 car dealerships in the U.S. today. The reason? For a man with the incredible track record of Huezinga there is only one reason, BIG MONEY! Therefore, if you believe in the theory of follow the leader... It is common knowledge that well-run car dealerships are enormously profitable businesses. Twenty years ago it was unthinkable for a car dealership to be a public company. The "Big 3" U.S. car manufacturers ruled the roost, and wouldn't allow dealerships into the public arena. The Japanese changed that policy. The Asian manufacturers allowed their dealers to be public companies, forcing Detroit to adopt the same policy. Car dealerships are no longer the simple sales and service departments of the 50's and 60's. They have become immensely complicated cash flow machines that require constant technology updates in order to compete effectively. -------------------------------------------------------------------------------- Corporate Profile Uniprime Capital Acceptance (OTC BB:UPCA) is a true David and Goliath story. Go to their Corporate Web site at uniprimeinc.com for complete information on this Company. Uniprime Capital Acceptance began trading as a public company on June 30th of this year, and first traded at $1.25 per share. We are very excited about the opportunity to profile this company for our Privileged E-Mail Subscribers. We have always believed that the most important factor in the long-term success of a Small or Micro-cap Company is the quality of the management team. Uniprime Capital Acceptance (OTC BB:UPCA) should be successful because the management team is seasoned and extremely experienced. Uniprime (OTC BB:UPCA) is about to begin acquiring car dealerships throughout the country. They could have a competitive edge given that for the past 25 years they have operated a very successful company called National Dealer Consultants, an automobile dealership consulting firm. NDC is now a part of Uniprime. If this Company can execute the business plan that they have provided for us, in 1998 they will acquire 3 car dealerships, and earn $1.34 million during this year. This will translate into $.224 in earnings. At a conservative PE ratio of 15, this would put the value of the stock at $3.36, a 330% increase from current levels. This Company gets really exciting in 1999, when they have acquired even more dealerships. They anticipate achieving $21 million in pre-tax earnings with the acquisition of 12 additional dealerships by the end of 1999. This could easily translate to a $17.00 stock. Why is it possible for this company to actually achieve these numbers? Because of National Dealer Consultants, which is now a part of Uniprime. Over the past 25 years, NDC has been hired by over 400 car dealerships in the US, Canada, and Australia to come into the dealership, evaluate every facet of their business, and put new systems in place to maximize the dealership's profitability. They have been enormously successful with their program. Under the guidance of Gary Tabb, the President and CEO of Uniprime, NDC has developed a system to maximize the profitability of car dealerships. After spending several weeks evaluating the current state of a dealership, NDC can completely revamp every aspect of running the business. Their in-depth training program focuses on Line Sales, Closing the Sale, Running the Desk, the Finance Department, Sub-Par Financing, Advertising and Marketing, Used Car Sales, and General Sales Management. Their program focuses on the all-important CSI (Customer Satisfaction Index). This is the measure of repeat customers the dealership can generate. This index has proven to be a big key in the long-term success of a car dealership. The following is an abbreviated list of car dealerships that have recently undergone the NDC Program: Latham Chysler/Dodge/Jeep: Twin Falls, Idaho Pierce Dodge: Great Falls, Montana Parkview Chrysler/Plymouth: Detroit, Michigan Metro Chrysler/Plymouth: Orlando, Florida Dana Lincoln/Mercury: Staten Island, NY Jacobs Nissan: Rapid City, South Dakota Donnaly Ford: Ottowa, Canada Toyota By the Bay: San Diego, California Toyota West: Las Vegas, Nevada Royal Chrysler/Plymouth: Orlando, Florida All of those dealerships, plus many more, have used the services of National Dealer Consultants and instituted their "OK Deal" Program. Each dealership experienced a considerable improvement in their business as a result of retaining NDC. ----------------------------------------------------------------------------- Expansion Plan Uniprime (OTC BB:UPCA) plans to now begin acquiring car dealerships for itself. They expect to acquire three (3) dealerships by the end of 1998. Projections for their growth can be found on their corporate web site at uniprimeinc.com Uniprime (OTC BB:UPCA), after 25 years in the industry, is in the unique position of being able to accurately identify those dealerships which represent the best values available. This is where the David and Goliath story comes into play. Republic Industries (NYSE: RII) is buying the most profitable dealerships for top dollar with potentially questionable returns on investment. Uniprime (OTC BB:UPCA), on the other hand, is positioning itself to identify and purchase dealerships with the most upside potential that they can acquire at very favorable prices. Once acquired, the NDC division of Uniprime (OTC BB:UPCA) goes in with the "OK Deal" program and maximizes the dealership's potential. Remember that NDC has been consulting car dealerships for 25 years, and has turned around over 400 dealerships in that time. Go to uniprimeinc.com and look at their "Testimonials" section. Initially, Uniprime (OTC BB:UPCA) intends to finance the purchase of these dealerships through limited partnerships. Uniprime will act as the general partner and own 60% of the dealership. The limited partners will own 40%. Once Uniprime has achieved a reasonable valuation for its stock, it intends to finance the future purchases of dealerships through a combination of cash and stock. At today's prices, Uniprime feels that the use of its stock for acquisitions would be too dilutive to shareholders. A second facet of their business, which will be launched in the future, is the highly profitable sub-par lending business. Once Uniprime owns dealerships, it will be able to create a division that will finance car loans for sub-prime borrowers. This has also proven to be a highly profitable business over the years. Now that we've covered the company, let's move on to our "Big 6" rating system. *** Excellent Very Good * Good ** Average * Poor ----------------------------------------------------------------------------- Management (Five ***) Management is the whole story here. It is as strong as it gets. Gary Tabb, the President and CEO heads up the management team. Mr. Tabb's career in the automobile dealership industry spans 35 years. He has owned four successful car dealerships. He is the Co-founder of National Dealer Consultants (NDC), which is now Uniprime. NDC has turned around over 400 dealerships with its "OK Deal" program, widely recognized as the best in the business. He will take his extensive background and expertise in the car dealership business, and use it to the benefit of Uniprime. Henry Williams, a Vice President of the company, has been in the automobile finance business since 1986. He founded several finance companies that specialized in sub-prime lending, one of the most profitable areas in the business. Financial Strength and Growth (Two ) The date, the Company has no debt, but the Company is not overloaded with cash either. Their total focus is now on making the first dealership acquisitions, which we hope to be able to inform you about in a very short time frame. Market Capitalization (Three *) There are currently 5.3 million shares issued and outstanding on this Company. With the stock trading in the neighborhood of $1.00, this puts the value of the Company in the $5.0 Million range. In our opinion, the system developed over the 25 years of running NDC should be worth more than $5.0 Million. Therefore, if they can take the NDC systems they developed, apply it to dealerships they will own, they can create values that will exceed $5.0 Million. Corporate Exposure (Two ) To date, this Company has had virtually no corporate exposure of any kind. The stock first began to trade in June of this year with no fanfare. Part of our philosophy at Small Cap Digest is to find undiscovered Micro-cap companies with great potential, and give our subscribers the opportunity to participate ahead of Wall Street. Uniprime (OTC BB:UPCA) fits this description perfectly. Sex Appeal (Three *) Consolidation in fragmented industries is a formula that Wall Street loves. Consumer durable's and large ticket items have been selling like crazy in this strong economy. The "Big 3" auto makers are now trading at all-time highs. While Uniprime (OTC BB:UPCA) might not be as sexy to some as say an Internet or technology sector stock, Wall Street knows what consumers are buying. Public Float (Five ***) The effective Float of Uniprime (OTC BB:UPCA) is only 1.2 million shares. A public float this small could lend itself to a high degree of volatility, as there will be a minimal supply to fill demand. This is the type of stock that could trade 30% to 40% valuation swings on high volume days. With the acquisition of several car dealerships, the market could easily place a $20 million value on this Company, which might put this stock in the $4.00 range. Investors could then be forced to fight over the few shares that are in the public market. -------------------------------------------------------------------------------- Conclusion An investment in the common stock of Uniprime (OTC BB:UPCA) is a bet that the management team can execute its business plan. Uniprime has to acquire car dealerships at rock bottom prices, and apply its 35 plus years of expertise towards making those dealerships prosper. When you factor in the 400 dealerships that they have turned around, you have to like the odds of this management team executing their plan. We feel that with a little patience, investors that own Uniprime (OTC BB: UPCA) at today's levels should prosper. ----------------------------------------------------------------------------- DISCLAIMER Small Cap Digest is an independent newsletter committed to providing our readers with factual information on certain public companies. Companies are chosen on the basis of selected financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. All statements and expressions are the sole opinions of the editors of Small Cap Digest and are subject to change without notice. This profile is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The editor, members of the editor's family, and/or entities with which they are affiliated, may own stock in and have other financial dealings with Uniprime Acceptance Corp. SSP Management Corp. has received no compensation for the dissemination of this profile, to date. It is possible that the company may receive some form of compensation in the future although none has been agreed upon. However a Company that could be considered an affiliate has received an option to purchase up to five hundred thousand common shares at ten cents per share for Internet marketing and web development services it has rendered to Uniprime Acceptance Corp. This profile contains forward-looking statements relating to the expected capabilities of the Company mentioned herein. THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN THE SECURITIES MENTIONED HEREIN IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF SSP MANAGEMENT, CORP. smallcapdigest.com

To: Janice Shell who wrote (580)	8/22/1999 12:40:00 AM
From: Jeffrey S. Mitchell	Respond to of 640

Re: Subsequent FNTT Profiles for UPCA July 1998 Profile Update Uniprime Capital Acceptance Corporation OTC BB: UPCA Uniprime Capital Acceptance Corporation August 28th Update Owning stock in Uniprime Capital Management is a bet on the ability of management. Uniprime was formed to acquire car dealerships. The Management team has 30 years of experience in consulting car dealerships in improving their business. They have helped over car dealerships during that time. Since being profiled by Superstock in July, the Company has issued only one press release. They announced a relationship with a Texas based funding organization that they claim gives them unlimited capital for expansion. Management tells us that the first of three acquisitions scheduled for 1998 is near at hand. Since being profiled, the stock has traded between $.50 and $1.00. If management can execute its business plan, look for explosive growth with this Company. smallcapdigest.com ===== July 1998 Profile Update - Year End Update Uniprime Capital Acceptance Corporation OTC BB: UPCA Uniprime Capital Acceptance Corporation December 23rd Update Rating: Likely to Make Progress in 1999 Uniprime Acceptance Corp (OTC BB: UPCA) was our July Profile. The stock has traded between $.25 and $1.25 since that time. When we first profiled the Company, we were impressed with Management's 30 years of experience of in Car Dealership consulting. They had literally hundreds of happy clients that were car dealerships that they had helped. They turned their energy towards using their skills and contacts to acquire existing car dealerships, which were suffering from various levels of distress, and turn them around using their experience. They told us they expected to acquire three car dealerships by year-end. They have not closed any dealership purchases yet. They have finally put the finishing touches on their first dealership purchase, and there should be a closing soon. Several more are in the pipeline, and serious negotiations are underway. Management tells us they have the funding in place to close these acquisitions. They may have fallen a few months behind schedule, but spirits seem very high and management continues to be highly optimistic about the future of the Company. smallcapdigest.com ===== July 1998 Profile Update Uniprime Capital Acceptance Corporation OTC BB: UPCA March 18, 1999 Volume II, Issue 15 Well, we finally got our members a true Small Cap Digest this year. For those of you who haven't been watching, our parent company, 1st Net Technologies (OTC BB: FNTT) hit a high of $10.50 and closed at $7.81. The stock traded 566,200 shares today alone. We suspect that the release of the beta test version of our first affinity browser, the Crayon Crawler, sparked some of the activity. On March 5th we released our profile on 1st Net to our members. That day, 1st Net closed at $3. We know a number of our members invested in the stock, because we have received a lot of inquiries about a target price for the stock. At any rate, if you had acted on March 5th, in just two weeks you would be up either 160%, or 266%, depending on how you do the math. You choose. If you missed reading the profile on 1st Net, click here if you wish to read it now. Investors that have a short term outlook on investing might consider locking in profits on half your position now. However, if the stock drops, it might provide a good entry level for those that missed out. We have very ambitious plans to make 1st Net a highly successful Internet Solutions provider. If you wish to download the beta test version of the Crayon Crawler, click here. It only works if you set your screen resolution at 1024x768. We will have a plug in to fix that problem shortly. Earlier this week we mentioned that two of the companies we featured in 1998 were experiencing excellent turnarounds. We covered the first earlier this week in the issue on LaForza Automobiles (OTC BB: LFZA). We will cover the second one now. Uniprime Acceptance Corporation (OTC BB: UPCA) We fell in love with the management team of this company back in July of 1998. This company is managed by a team of experts that have been in the car dealership consulting service for 30 years, and have successfully put programs into over 400 car dealerships. They formed a public company, and put a plan in place to acquire a minimum of three car dealerships by the end of 1998. They acquired none due to the length of time it has taken them to put the financing in place to fund the acquisitions. In the last two weeks, things have changed. They have recently put our two press releases that are very significant. The first, which we will reprint for you at the end of this edition, covers the two dealerships they will own in the next two weeks. You will note from the press release that once the acquisitions are finalized the Company anticipates generating $45 million in annual revenues and significant profits. The second and even more significant press release concerns a stock buy back program the Board of Directors has approved. This week the company announced the their Board has approved a one million share buy back program because they feel their stock is so undervalued. We originally released the profile with the stock at about $.75. It went to $1.50, and today closed at $.375. If this sounds like a situation you want to own, please use a limit order when you purchase. This stock is so thinly traded it could run up too quickly. From here we recommend that you do two things. Read the original profile which can be found by clicking here. Second, read the press release below. In our opinion, this is an excellent turn around situation. Always remember, it's your money. Monday March 15, 8:03 am Eastern Time Company Press Release Uniprime Capital Acceptance, Inc. Announces Major Expansion LAS VEGAS--(AutomotiveWire)--March 15, 1999--Uniprime Capital Acceptance, Inc. (OTC BB: UPCA - news) announced that the company has scheduled the closings on two auto dealership acquisitions. Uniprime anticipates a $45 million annual revenue stream subsequent to the closing of these two acquisitions, and net profits in the 7% range. On or before March 22nd, Uniprime anticipates closing the purchase of the Greenville Auto Mall, in Greenville, Mississippi. Uniprime anticipates that once this dealership is acquired, and their ``OK DEAL' formula is implemented, the Greenville Auto Mall will generate over $25 million in annual revenues. A Letter of Intent for the second dealership acquisition has a scheduled closing date of April 15th. Located in Fort Pierce, Florida, this dealership carries the Mitsubishi auto line. Once the ``OK DEAL' is implemented, Uniprime feels that this dealership could easily achieve revenues of $20 million annually, and 6% net profits. It is anticipated that about 60% of revenues will be generated by used car sales. Uniprime's proven ``OK Deal' selling system has been implemented in over three hundred dealerships internationally over the past 30 years. Until recently, the ``OK Deal' method has been implemented for client dealerships on a consulting basis by the current management of Uniprime. Uniprime now intends to apply this method to dealerships it will acquire for its own benefit, and the benefit of its shareholders. Currently, Uniprime Capital has numerous other Auto Dealership acquisition candidates in various stages of negotiation. Uniprime Capital Acceptance, Inc. is embarking upon an aggressive dealership acquisition program and is looking to acquire a minimum of fifty (50) retail automotive dealerships between now and the end of the year 2001, which it believes will place it among the top ten mega-dealership groups in the country in overall unit sales. The Company intends that such statements regarding the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the ``safe harbors' provision of the Private Securities Litigation Reform Act of 1995 Contact: Uniprime Capital Acceptance, Las Vegas smallcapdigest.com ===== July 1998 Profile Update Uniprime Capital Acceptance Corporation OTC BB: UPCA April 3, 1999 Volume II, Issue 19 To Small Cap Digest Members: We hope you are all enjoying a nice holiday weekend. On Thursday, prior to the market closing, there was news on Uniprime Capital Acceptance (OTC BB: UPCA), the company we featured as a turn around candidate last month. Before we cover that, one quick point about our last issue. We mentioned early in our last issue that 1st Net and Ceco Environmental were our favorite stocks of 1999. We received a lot of inquiries about Engineering Power (OTC BB: EGPDF) as a result of that statement. We know that a lot of our members own positions in Engineering. Don't mistake this comment for a lack of belief in Engineering. CECO and FNTT may be our favorite stocks because they have traded well, but EGPDF could well be our favorite company. Management is extremely frustrated by the level that the stock is currently trading at, and is totally committed to doing whatever it takes to expose the company to enough investors to get the stock to the $4 level so that they can apply for the NASDAQ listing. They have budgeted a substantial amount of capital for a major PR campaign, but it will take a month or two to move it forward. Remember, our theme is to profile companies that we feel could double or triple in one to two years. Have some patience. It is very difficult to predict where stocks will trade in the short term. Uniprime Capital Acceptance On Thursday of this past week, Uniprime announced that they had begun the million share stock buy back program that they had previously announced. They also announced that there first two dealership acquisitions will close in the month of April. We spoke with Gary Tabb, the president on Thursday about the buy back program. According to SEC regulations, the company is only allowed to buy back a limited amount of stock on a weekly basis. When the trades are actually placed, they must be limit orders below the ask price of the stock. If the Company had its way, they would simply go out and buy back the million shares in open market purchases immediately. The SEC regulations are designed to prevent companies from manipulating the price of their shares with their own money. In our conversation, Gary indicated that the company will continue to buy back the maximum allowed by SEC regulations as long as the stock is under $2, and possibly even higher as they acquire more dealerships. If you wish to read the entire text of the press release CLICK HERE. If you have an interest in following the progress of Uniprime, Click Here to sign up on their mailing list. Enjoy the remainder of the Holiday Weekend. ----------------------------------------------------------------------------- Paul Maassen, 888/892-2002 smallcapdigest.com ==== MAY 1999 Profile Update Lexon, Inc. OTC - 'LXXN' May 26, 1999 To Superstockpick Members: Here are a couple quick updates for our members going into Memorial Day Weekend. Lexon, Inc. (OTC BB: LXXN) <snip> Uniprime Capital Acceptance (OTC BB: UPCA) Back on March 19th we identified Uniprime Capital Acceptance (OTC BB: UPCA) as a prime turn around situation. To read the publication Click Here. The stock quickly traded up, and then has drifted down on light volume awaiting substantive corporate developments. Today, Uniprime finally closed its first car dealership acquisition. Below is the complete text of the news release. Several other car dealerships are close to closing, and we will bring you more complete coverage in the next week or two. Enjoy your Memorial Day Weekend. Wednesday May 26, 12:01 pm Eastern Time Company Press Release Uniprime Capital Acceptance, Inc. Announces Agreement To Purchase South Carolina Dealership LAS VEGAS--(BUSINESS WIRE)--May 26, 1999--Uniprime Capital Acceptance, Inc. OTC BB:UPCA (Uniprime) announced that it has purchased a South Carolina dealership. The dealership is Addy's Harbor Imports and is located in Conway, which is within five miles of the center of the Myrtle Beach, South Carolina area, a sixty mile stretch of the coastline also known as the Grand Strand, one of the top retirement and destination resort areas in the United States and host to an estimated 13 million visitors annually. The official takeover date is set for June 7th. The dealership flies the Mazda and Mitsubishi banners and although it is well established and has been located in the same area for the past nine years, the previous ownership built a new facility less than six months ago. The new facility sits on 4.3 acres and has separate showrooms for the two vehicle lines and state-of-the-art service and parts departments. It is located on Highway 501 East, the main thoroughfare in the greater Myrtle Beach area. The dealership's marketing area draws on a population of 400,000 and Uniprime expects that once its "OK DEAL" selling system, including its advertising and non-prime finance departments, is in full operation, it is looking to increase new and used vehicle sales from its current level of 75 units per month to approximately 135 units per month, with a sizeable increase in vehicle gross profits as well. Because the vast majority of visitors to the Myrtle Beach area arrive by vehicle after trips of anywhere from 300 to 1,000 miles, the service and parts departments are expected to continue to do levels of business disproportionate to the average dealership, adding further to the dealerships bottom line. Gross Revenues are expected to be in the range of $30 million annually with $1.25 million in net profits on annual sales volume of 1,620 new and used vehicles. Uniprime Capital Acceptance, Inc. is embarking upon an aggressive dealership acquisition program and looking to acquire a minimum of fifty (50) retail automotive dealerships over a 3 1/2 year period, which it believes will place it among the top ten mega-dealership groups in the country in overall unit sales. The Company intends that such statements regarding the Company's future expectations, including future revenues and earnings, and all other forward looking statements are subject to the "safe harbors" provision of the Private Securities Litigation Reform Act of 1995. ----------------------------------------------------------------------------- Contact: Uniprime capital Acceptance Paul Maassen, 888-892-2002 smallcapdigest.com