buying NEET at the open:
Company Name: NETCOMMERCE INC
Symbol: NEET
Exchange: (OTC: BB)
Recent price: 5/8
52 Week Range: 0.140000 - 3.000000
Float: 500,000
*************
CONTACT
*************
NetCommerce Inc., Newport Beach
Investor Relations, 949/833-5381, ext. 723
metroplexweb.com
anyuser.net
************
RUMORS
************
We are hearing rumors of a huge News release on Tommorrow, We are still
trying to dig more.... Its suppose to be "Great news."
************
HIGHLIGHTS
************
-MetroplexWeb Inc. (MetroplexWeb), has executed a joint venture with
Kwikweb, it should create additional revenue for MetroplexWeb, expedite its
expansion plans, and increase its Internet market exposure.
-Metroplex in its partnership with American Business Management will develop
an e-Commerce Internet Web site "Alamocityweb.com," for American Business
Management. The site will serve as a San Antonio city business directory.
Bringing in added revenue.
-The 47 percent aquisition of Anyuser for $3 million adds a whole new
dimension to the company, giving it a strong entrance to the enter the world
of Internet Telephony. With the marketing plans and the ongoing aquisition
NEET is putting itself in the forefront of the ongoing internet revolution
with the backing of a strong proven Korean Company.
-The Company is also listed on the Franfurt Stock Exchange to give it added
international exposure through investors.German financial institutions can
now follow NetCommerce's progress and, the company hopes, assist in its
worldwide expansion to be a global leader as an Internet business holding
company.
************
SUMMARY
************
NetCommerce Inc. is a fully reporting public company which holds equity
positions in domestic Internet Service Providers, software development,
companies, and Internet product marketing companies specializing in
e-business, and Internet-related video telecommunications. The company's
Internet services, including web page design, Web-hosting and ISP marketing
activities are conducted through MetroplexWeb Inc., a Nevada corporation
(``Metroplex Nevada').
The company's Internet-related telecommunications services, including
prepaid calling cards, remarketing of long distance services and its recent
venture to license and market the Web Video Phone software, are conducted
through InterCom Inc., a Nevada corporation, (``InterCom').
The company's video telecommunications services and products are presently
offered by its subsidiary, Anyuser.Com Corp. Anyuser is a South Korean
corporation founded in May 1999 by former principals and employees of
internationally known South Korean-based telecommunications, Internet
software and marketing
companies. Anyuser develops and markets software products as a replacement
for the PC for those computerless homes and offices.
Both Metroplex Nevada and InterCom are wholly-owned subsidiaries. InterCom
is presently a development-stage company. Anyuser, subject to the pending
acquisition, will become a 47 percent owned subsidiary of InterCom.
****************
Web Videphone
****************
The Web VideoPhone is designed to save money and hassle by connecting calls
through the Internet, (i.e. no local or long distance telephone charges).
The major feature is the ability to see and hear the second party. It
combines the Internet features of a PC, such as e-commerce, websurfing, and
email with IP telephony, and the simplicity of a regular telephone handset
and keypad provide telephony connection. The unit provides additional
telephone features such as Caller ID, call waiting, hands free, digital
answering, as well as IP telephony requirements.
WEB VIDEO PHONE HIGHLIGHTS
* Inexpensive calls
* Web touch and call (instant phone call connect)
* Supports Java Applets
* Secure Electronic transactions
* Clear, large display
* Ability to make phone calls and surf web simultaneously
* Fast connections
Web VideoPhone was unveiled by Samsung at the prestigious COMDEX Trade Show
in Las Vegas this year to an overwhelming positive response. AnyUser has
recently accumulated over $3M USD support from Korea Telecom, Samsung
Electronics, and JoongAng Newspaper. This cutting-edge technology is
becoming highly popular in Korea and is slowly catching on in the US.
We are living in an era marking the start of the Digital Revolution. The
Internet Revolution is just beginning, thus
NEET is now placing themselves among the forefront of this revolution; as
such, the potential is astronomical.
************
REVENUES
************
Three Months Ended August 31, 1999 Compared to Three Months Ended August
31, 1998:-
Revenues for the three months ended August 31, 1999, were $206,000 versus
$38,000 in 1998, a 539% increase over the prior year. Revenues increased as
the Company continued to expand its operations.
************
WHY NEET?
************
The 47 percent aquisition of Anyuser for $3 million adds a whole new
dimension to the company, giving it a strong entrance to the enter the world
of Internet Telephony. With the marketing plans and the ongoing aquisition
NEET is putting itself in the forefront of the ongoing internet revolution
with the backing of a strong proven Korean Company.
The aquisition will bring with it a whole new base to the company with the
potential of strong revenues and adding a whole new dimension to the company
of making a community around it.
************
LINKS
************
edgar-online.com
finance.yahoo.com |
