To: scouser who wrote (448 ) 10/3/1999 7:44:00 PM From: Francois Goelo Respond to of 565
More tid-bits of information on FRTI excerpted from the 10SB... Total outstanding shares end of September 99: 7.45 Millions... Float: under 1 Million... Market Cap at 1st October: under $58 Millions at $7.75/share... Cash on hand: about $3 Millions, as Telescan just bought 600K shares at $5.00 each... Number of Subscribers: more than 700,000... Number of Page views per trading day: more than 6 Millions...REVENUE FROM SUBSCRIPTIONS SOLD ON BULLSESSION.COM. For Fiscal 1999, we experienced sequential month-to-month growth in both the number of subscribers and total subscription revenue. Total subscription revenue for this period was $586,000. Subscription revenue for the first six months of the year amounted to $140,000, versus the last six months of the year that totaled $446,000, representing growth of approximately 218%.... NUMBER OF SHARES OUTSTANDING: Our Articles provide that we are authorized to issue 50,000,000 shares of Common Stock, no par value per share. As of September 29, 1999, 7,448,290 shares of Common Stock were outstanding and held of record by 74 stockholders. We are also authorized to issue 5,000,000 shares of preferred stock, no par value per share. No shares of preferred stock are currently issued and outstanding.....LEGAL PROCEEDINGS: We are aware of no pending or active legal proceedings involving Freerealtime.com or any of our properties...CHANGES IN AND DISAGREEMENT WITH ACCOUNTANTS: Our principal accountant is KPMG LLP of Costa Mesa, California. Their report through March 31, 1999 did not contain any adverse opinion or disclaimer, nor were there any disagreements between management and our accountants.... To be continued.... Regards, F. Goelo + + +