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Gold/Mining/Energy : Greenhope Resources Inc (GRH) -- Ignore unavailable to you. Want to Upgrade?


To: keith massey who wrote (13)1/15/2000 8:53:00 PM
From: Dan P  Respond to of 32
 
Keith:

We will await with great interest both the announcement and your analysis.
You are quite right, about the number of shares. A small capitalization
has helped several companies get through the rough times of the resource
sector, and could help propel this one through very little buying.

Regards

Dan



To: keith massey who wrote (13)1/28/2000 12:51:00 PM
From: AriKirA  Respond to of 32
 
Hey Keith,

GRH's annual report

sedar.com

Highlights

As more particularly described in the accompanying materials, Greenhope's management proposes to enter into the high technology field by establishing an application service provider business in conjunction with the principals of HEAD4.

The HEAD4 management team is comprised of several prominent businessmen who have extensive leadership roles in technology businesses.

Greenhope's management is delighted that it was able to conclude the acquisition arrangements with HEAD4 concurrently with a best efforts financing commitment from Dundee Securities Corp. which is proposing to privately place $2,000,000 of Greenhope's equity by acting as agent to sell 2.5 million units (consisting of a share and a warrant) at $0.80 per unit.


AK




To: keith massey who wrote (13)1/28/2000 12:59:00 PM
From: AriKirA  Respond to of 32
 
A few excerpts from the information circular

sedar.com

The acquisition

Pursuant to an acquisition agreement dated January 21, 1999, between the Company and the shareholders of 3695336 Canada Inc. (known herein for convenience as “HEAD4”), the Company will purchase 100% of the issued and outstanding shares of HEAD4 (the “HEAD4 Acquisition”) in exchange for the issuance of a total of 9,000,000 escrowed common shares in the capital of the Company to the shareholders of HEAD4 in proportion to their current holdings of HEAD4 Common shares as described in the following pages.

The HEAD4 Acquisition is conditional upon the following:

(a) the approval of either the Canadian Venture Exchange (the “CDNX”) or the Montreal Stock Exchange (the “MSE”) of the proposed issuance to the HEAD4 shareholders and the listing of the Company's Common shares including those shares proposed to be issued to the HEAD4 shareholders; and

(b) the Company concluding, concurrently with the completion of the terms of the HEAD4 Acquisition, a cash financing of $2 million by an issuance of units (the “Units”) in its capital at a price of $0.80 each, each Unit to consist of one Common share of the Company and a one-half Common share purchase warrant. Each whole warrant will be exercisable into a further Common share of the Company at the following prices:

(i) $1.00 per share during the 12 months following the issuance of the Units; and
(ii) $1.25 per share during the second 12 month period following the issuance of the Units.

Dundee will receive a $25,000 work and sponsorship fee plus 8% commission on funds raised and warrants to purchase 10% of any Units placed which warrants are exercisable for a two year period from closing at $0.80 per Unit.

The shares of the Company acquired by HEAD4 shareholders pursuant to the HEAD4 Acquisition will be held in escrow according to the provisions of an escrow agreement in the form required by the CDNX or other regulatory authority,

AK



To: keith massey who wrote (13)1/28/2000 1:03:00 PM
From: AriKirA  Respond to of 32
 
HEAD4 Business and Operations

A virtual vertical services provider is an Internet-based niche which differentiates itself from standard ASP's by offering a short list of highly specialized applications that are developed and integrated for key target clients as an option to packaged applications such as Oracle, Siebel or PeopleSoft. As a true virtual vertical services provider, HEAD4 will develop sales by teaming up with its software and market aggregating partners and focusing on providing the best content vehicle for its clients. HEAD4 intends to generate revenues not only from its ASP services, but also from the transactions generated by the use of these applications over the Internet.

HEAD4 intends to offer its application software services to enterprises in the following vertical markets:
 Healthcare (medical and pharmaceutical);
 Travel and Airline;
 Banking and Financial.


AK



To: keith massey who wrote (13)1/28/2000 1:09:00 PM
From: AriKirA  Read Replies (1) | Respond to of 32
 
Products and Operations

HEAD4 is active and is currently marketing its services. All HEAD4 services will be branded under the 4Site name.

There are three main services:
 HEAD4 4Site application provider services;
 HEAD4 4Site hosting services;
 HEAD4 4Site professional services.

HEAD4 application provider services are based on either packaged applications or specialized ones developed in-house, and are designed to meet the needs of middle market and growth companies for outsourced business functions such as:
 Assets and inventory management
 Sales force management
 Booking and e-commerce
 Web-based training

HEAD4 is in the process of teaming with highly specialized packaged application software providers and major software development companies to implement its 4Site offerings. HEAD4 will sell its 4Site solutions as a service, not as a technology. Its clients will sign long-term contracts with fixed monthly payments made as the service is
delivered. Selling the 4Site solutions as a service reduces HEAD4's clients' initial capital expenditures and makes it easier for non-technical executives to purchase the products. Also, HEAD4 will seek to generate revenues from the transactions generated by these applications over the Internet.

To complement its core application services, HEAD4 expects to offer a complete set of secure high-end IP and Web-enabled hosting services to content developers and e-commerce enterprise as well as integration consulting services. HEAD4 will allow its clients to host their own software applications or data content by implementing
these applications in its worldwide Data Centers, configuring them to meet the needs of its clients, and packaging them with security, redundancy, Internet access, backup and operational support.

HEAD4, with its telecommunications partners, has completed the preliminary architecture for a highly reliable, fully redundant global network of Data Centers designed to support its 4Site solutions where its clients' business software applications will be deployed. When fully operational, the network will offer fast, redundant, reliable and secure access to HEAD4 -managed client application Web sites, which serve as the "Internet gateways" for enterprises and their employees, customers and partners to access and use business application software and data. HEAD4 is planning to have Data Centers in Montreal, Canada, in the US and in Europe, where tremendous growth is forecasted in the upcoming years. The first 5,000 sq. ft. Data Center is planned to be located in Montreal's new CDTI Multimedia Technocenter, and is intended to be monitored and managed from HEAD4's Network Operations Center, also located in Montreal. The network is designed around multiple fiber optic backbones directly connecting our Data Centers and Network Operating Center to our telecommunications partners worldwide. HEAD4's dedicated network should be linked to the Internet in North America via a minimum of two major backbone providers, allowing its clients to gain access to some of the world's largest and most dependable IP Networks available. Using its advanced proprietary network and Web monitoring tools, HEAD4 can proactively manage and monitor its network systems, telecommunications hardware, network connectivity, operating systems and applications software.

HEAD4 will seek to accelerate its business development through acquisition of independent software vendors, datacenters and strategic consulting. An independent outside evaluation of each proposed acquisition will be required before that acquisition is finalized, unless waived with the unanimous approval of the Board of Directors. Although HEAD4 have identified the types of companies they wish to be target for acquisition, the market for possible acquisition targets will not be examined until financing is in place.

HEAD4's revenues will be shared between its specialized Applications Provider Services, high-end E-Commerce WEB hosting and Integration Consulting Services. The main costs of operations are equipment leasing, bandwidth and resources on an operational level. Since HEAD4 invests in the hardware, software and implementation needed by a client once an application service contract is signed, a substantial investment is required in the early years of operation to build HEAD4's client base.

HEAD4 was incorporated in late 1999 and its founders have only recently been actively working on its behalf although all the founders have considerable experience in the targeted field. In this early stage of its business development, HEAD4 has just begun to approach potential clients and earn revenue The principals of HEAD4 have concentrated their efforts in the last 4 months on negotiating future agreements and finalizing HEAD4's strategic business plan. There have been no material acquisitions and dispositions relating to HEAD4's business thus far, nor have any material acquisitions been identified or proposed for the near future. Once the HEAD4 Acquisition has been completed and the details of the proposed financing finalized, the Company will begin to identify possible targets for acquisition.