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Gold/Mining/Energy : Bridges.com (T.BIT) -- Ignore unavailable to you. Want to Upgrade?


To: Steelguy who wrote (1164)1/11/2000 10:34:00 PM
From: Hudson  Read Replies (1) | Respond to of 1249
 
Bridges.com sums up last three years

Bridges.com Inc BIT
Shares issued 9,466,250 Jan 11 close $4.65
Tue 11 Jan 2000 News Release
Mr. Doug Manning reports
In January, 1996, after 18 months of research and development, Bridges.com
began active sales of its new Career Explorer (CX Online) resource. By the
end of 1996, the company had captured 1 per cent of the middle and
secondary school market in North America (392 schools), with 200,000
students accessing its CX Online Web site. Now, three years later at the
end of 1999, Bridges.com provides the Career Explorer service to 13 per
cent of the market (4,700-plus schools). More than 2.3 million students
have access to CX Online and the company enjoyed its third straight year of
over 90-per-cent rates of resubscription. "Although the board, management
and staff of Bridges.com are very proud of these achievements, we expect
our next three years of growth to be equally or more impressive," said Doug
Manning, chief executive officer and president, Bridges.com.
Bridges.com expands corporate vision
In the past, Bridges.com has considered itself a provider of on-line
content to schools. Recent staff goal-setting sessions have yielded an
expanded corporate vision for the new millennium. The vision states, in
part: "Bridges.com provides digital career and educational services to
schools, post-secondary institutions, adult career service facilities and
individual consumers. Our services enable individuals to create a desired
future and connect to the world in meaningful ways." The complete vision is
defined in the company information area of the Bridges.com Web site.
Bridges.com's annual general meeting will be held on April 13, 2000, at 3
p.m. in the Grand Okanagan Room. A wine and cheese and, concurrently, a
Bridges.com resource demonstration are planned for 4 p.m.
Revenue recognition to align with new SEC standards
With the continued focus on expansion in the U.S. market, the company will
adopt recent U.S. Securities and Exchange Commission (SEC) pronouncements
regarding how Internet companies report revenues. Reporting in this manner
will put the company on a level playing field with how results are reported
by U.S. publicly listed e-commerce/Internet companies and at the forefront
with Canadian reporting issuers.
Bridges.com Inc. has engaged the firm of Deloitte & Touche LLP to act as
the company's auditors and professional advisers. In addition to providing
auditing services, the Vancouver-based High Tech Group of Deloitte & Touche
LLP will provide a range of services to support Bridges.com's business
expansion in the U.S. and internationally.



To: Steelguy who wrote (1164)1/12/2000 7:41:00 AM
From: Sili Investor  Read Replies (1) | Respond to of 1249
 
that is kind of goofy my friend in my opinion..but then you always were a bit "off". LOL :o)))) ( you and me both )


Actually, kind of "sili" maybe?

Wait, let me explain....with little stock up for grab, you cannot attract huge interest from the larger investment community. And, with litle stock up for grab, it makes it harder and harder to get in and out.

I was involved with a similar company for many years. Had about the same amount of shares outstanding, traded at $1 or so for many years. One of it's biggest problems, form an investment community perspective, was the small number of shares in the float, and once we really understood that, a strategy was put in place to increase the float everytime it had an opportunity that made sense. That company now has over 240M shares outstanding and is very liquid.

All I'm getting at is with this small float, only a small investment community can ever be involved at one time. No large volumes, no way of being noticed beause of the small volumes. You also have the "risks" of buying in but not being able to get out. And, do not underestimate the professional investment community and its aversion to small cap stocks that have limited floats. To me, its one of BIT's greatest challenges.

And finally, all I'm saying is that along with a TSE listing comes an "opportunity" to increase the float, get a little more attention, and create opportunity for more trading. Nothing bad in that from my perspective.



To: Steelguy who wrote (1164)2/1/2000 7:04:00 AM
From: LABMAN  Respond to of 1249
 
MICROSOFT DEAL *******,

WELL DONE GUYS/GALS

newswire.ca

LM