Keith: received this e-mail alert from Microcap Investor today regarding EvisionUSA.com. EVIS is a company opening a website around April 1 which allows Asian traders to trade in American stocks. They have also plans to go globally. Can you comment on the differences and similarities between CPT's and their concept and the possible implications it could have for CPT's launch. I am aware that you probably do not have enough information regarding EVIS to do a thorough comparison, but your comments and excellent research are very much appreciated. Good trading dejavu
Subject: EVIS ALERT Date: 29 Mar 2000 17:04:18 -0000 From: Microcapinvestor2000 <microcapinvestor2000-owner@listbot.com> To: Microcapinvestor2000 <microcapinvestor2000@listbot.com>
Microcapinvestor2000 - onrampproductions.com
EVIS ALERT
One company that we have been watching for quite some time is EvisionUSA.com. The company has already been featured by several ?hot pick? sites in the past, but we bring it to your attention now because in our opinion, there are compelling reasons to own EVIS as a timing play. Whereas we do not have a complete report at this time, we wanted our readers to have an opportunity to consider EVIS before more appreciation occurs.
We believe EVIS is an excellent timing play because one of their subsidiaries, American Frontier Financial Corporation, a domestic brokerage, is nearing completion of their new online trading website, amffc.com. The site will enable international trading in securities for Asian investors interested in purchasing domestic securities, with a probable expansion into world markets. Many expect the launch to occur on or before April 1, 2000.
In addition to this forthcoming event, we are excited about the wide ranging plans Evision has for capitalizing on the communications and commerce revolution occurring in Asia.
We have posted below some basic DD from the EVIS website:
1. Who is eVision USA.Com, Inc. (eVision, OTC BB: EVIS)? eVision is an integrated online solutions provider. eVision's consolidated subsidiaries and significant equity investments operate within five distinct divisions: eFinance, eServices, eCommunications, eInformation, and eMedical. 2. On what exchange is eVision listed? eVision is listed on the OTC BB under the ticker symbol "EVIS". 3. What do eVision's five divisions focus on? eFinance -- a group of financial companies focused on providing innovative financial products and services. eServices -- a group of companies committed to providing a wide-range of solutions to consumers and corporations around the world. eCommunications -- a group of advanced communications companies focused on positioning eVision at the forefront of the digital communications revolution. eInformation -- a group of web content providers, focused on providing both broad-based information to mass markets and specialized information to specific market niches. eMedical -- a group of medical information technology companies providing health care entities with tools necessary to improve the quality and cost-effectiveness of health care services. eServices -- a group of companies committed to providing a wide-range of solutions to consumers and corporations around the world. eCommunications -- a group of advanced communications companies focused on positioning eVision at the forefront of the digital communications revolution. eInformation -- a group of web content providers, focused on providing both broad-based information to mass markets and specialized information to specific market niches. eMedical -- a group of medical information technology companies providing health care entities with tools necessary to improve the quality and cost-effectiveness of health care services.
4. What companies operate under the eFinance division? The eFinance division is comprised of a group of financial companies focused on providing innovative financial products and services. Companies operating under this division include American Fronteer Financial Corporation (AFFC), an established securities broker/dealer with twelve offices across the United States; OnLineBroker (TM), a division of AFFC that will enable its clients to benefit from lower-cost, online trading and which is working towards expanding AFFC's operations into Asian markets; eBanker USA.com, Inc., a global financial portal which provides specialized financial products and services to under-served consumer and corporate markets; and eFunds Global, Inc., an online fund company focused on creating and acquiring a diversified family of funds.
5. What companies operate under the eServices division? The eServices division is comprised of a group of companies committed to providing a wide-range of solutions to consumers and corporations around the world. Companies operating under this division include Corporate Net Solutions, Inc., a technology infrastructure solutions provider that intends to create leading edge Internet and intranet products and services in conjunction with scalable and robust web-hosting facilities; NeuroWeb, Inc., a web development holding company that, through its affiliates, offers global web development and e-commerce solutions; and Secutron Corp., which designs, develops, markets, and supports software systems for the securities brokerage industry.
6. What companies operate under the eCommunications division? The eCommunications division is comprised of a group of advanced communications companies focused on positioning eVision at the forefront of the digital communications revolution. Companies operating under this division include Q6 Technologies, Inc., an innovative technology company engaged in the acquisition and development of Internet-related technology companies and Skyhub Far East, Inc. (Skyhub Far East). Skyhub Far East will operate through its wholly owned Asian satellite communications company, Skyhub Asia Company Limited (Skyhub Asia). Skyhub Asia's goal is to provide affordable high speed Internet access, in conjunction with valuable content and advanced communication services, via satellite, to corporations and individuals throughout Asia. 7. What companies operate under the eInformation division? The eInformation division is comprised of a group of web content providers, focused on providing both broad-based information to mass markets and specialized information to specific market niches. The first company operating under this division is eVision China.Com, Inc., a company focused on the creation of a comprehensive web portal in China.
8. What companies operate under the eMedical division? The eMedical division is comprised of a group of medical information technology companies providing health care entities with the tools necessary to improve the quality and cost-effectiveness of health care services. Companies operating under this division include Global Med Technologies, Inc. (Global Med) and PeopleMed.com, Inc. (PeopleMed, a subsidiary of Global Med), both significant investments of eBanker USA.com, Inc. Global Med's SafeTrace Tx (TM) software is designed to dramatically improve the blood supply management system. Global Med's SafeTrace system processes approximately 20% of the U.S. blood supply each year. PeopleMed is developing a revolutionary software application designed to provide comprehensive clinical information on chronic disease patients. 9. What are the active web portals for the eVision group of companies? Currently, the active portals for the eVision gorup of companies include: www.evisionusa.com www.ebankerusa.com www.globalmedtech.com www.neuronet.com.my www.amffc.com 10. What other public companies are part of the eVision group? eVision has a significant equity investment in Global Med Technologies, Inc. (OTC BB: GLOB), a medical information technology company.
11. When is eVision's fiscal year end? eVision's fiscal year end is September 30th. 12. Who is the major shareholder of eVision? Online Credit International Limited (Online Credit; Stock Exchange of Hong Kong, Stock Code: 185, www.185hk.com) is the major shareholder of eVision.
13. What is Online Credit and what is its relationship with eVision? Online Credit provides financial services including loans to technology-related companies, corporate loans and credit card services as its core business. Online Credit has also diversified into selective technology, Internet, and e-commerce related activities and invests in Internet, communications and technology operations.
Online Credit is one of approximately 700 publicly listed companies in Hong Kong, providing it, and eVision, with substantial exposure in and ties to the Hong Kong and Asian markets, and the Asian financial services industry.
14. What is exciting about eVision for long term investors of the Company's stock? eVision's subsidiaries and significant investments diversify the Company into various exciting businesses and markets while maintaining a focus on financial services and technology. eVision is also diversified geographically with several entities focusing on American and Asian markets. eVision capitalizes off the inherent synergies between financial services and technology. eVision's roots in the financial community provide a strong platform to assist eVision in achieving many of its technology related goals.
15. What is eVision doing to increase its exposure in the investor community? Most recently, as a kick off to eVision and Online Credit's joint Hong Kong advertising campaign, eVision published a full front-page advertisement in a widely recognized Hong Kong newspaper, highlighting Online Credit and the eVision Group.
eVision now sponsors a live radio show, Winning On Wall Street (www.winningonwallstreet.com). The show is a financial talk show that educates and informs the investing public on the ways of Wall Street and highlights emerging growth companies. The show is heard Monday through Friday, drive time in select major metropolitan markets throughout the United States. The purpose of the show is to inform and educate the investing public on the rules of investing.
The show, hosted by The "Wizard", is a window to Wall Street, providing timely and insightful information to help the investor become, or continue to be, a Winner on Wall Street. Tony Chan, eVision's COO, is interviewed on the show several times each week to discuss the various business lines of eVision.
16. What is the status of eVision's SEC filings? eVision has now filed a second amendment to the Form S-1 Registration Statement filed June 25, 1999. A response to an NASD comment letter has also been filed related to this Registration Statement. We hope to work with the NASD and SEC to have this Registration Statement declared effective as soon as possible. This Registration Statement covers common shares underlying outstanding warrants, convertible debentures, convertible preferred stock and certain restricted common shares outstanding.
eVision's second quarter Form 10Q filing for the quarter ended March 31, 2000 is due on or before May 15, 2000. Our current plan is to file by May 5, 2000 17. Does eVision's focus expand beyond China into the entire Asian region? Several of eVision's businesses, such as the OnLineBrokerTM division and Skyhub Asia Company Limited focus not only on Mainland China, but seek to take advantages of opportunities throughout Asia. 18. Is eVision going to apply for a listing on NASDAQ? Subject to meeting all NASDAQ initial listing requirements, eVision intends to apply to list either on the Small Capitalization Market or National Market System. 19. Does eVision anticipate any IPO's for the eVision group of companies in the near future? Several of eVision's direct subsidiaries and investments, such as eBanker USA.com, Inc., OLBroker.Com, Inc. and Q6 Technologies, Inc., intend to go public themselves. 20. Does eVision plan to effectuate a stock split? Currently, eVision has no intention of doing a stock split. 21. When and where will eVision hold its annual shareholder's meeting? eVision's annual shareholder's meeting is scheduled for April 7, 2000 and will take place at the Company's headquarters at 1700 Lincoln Street, Suite 3200, Denver, Colorado. 22. Who are the Directors and Officers of eVision? Fai H. Chan - Director, Chairman, CEO and President Mr. Chan has been a Director, Chairman, President and/or Chief Executive Officer of several public companies in Asia and North America over the past three decades. Mr. Chan is also the Chairman and Managing Director of Online Credit, Chairman of American Pacific Bank and a Director of Global Med Technologies, Inc. (Global Med).
Fai H. Chan began his investment career in 1970 with a local Hong Kong brokerage firm.
Over the past three decades, Fai H. Chan has successfully created and rejuvenated companies from a wide range of industries, positioning them for success. For example, as Chairman and CEO, Fai H. Chan was responsible for the restructuring of American Pacific Bank, taking it from a loss generating entity to a profitable bank. American Pacific Bank was named one of the top public companies in Oregon and one of the top Banks in Oregon in 1999 by 'Oregon Business Magazine'. In addition, the reputable financial industry magazine 'Bank Investor' named American Pacific Bank one of the top 25 performing banks in America in 1997.
In the 1990s, Fai H. Chan focused his attention on technology-related industries. In 1993, he restructured Online Credit International, Limited (formerly known Heng Fung Holdings Company Limited), a company whose diverse investments are focused on bridging the financial and technology gap between the US and Southeast Asia. In 1998, Fai Chan became Chairman, CEO and President of eVision.
Fai Chan has successfully positioned himself at the forefront of the information revolution. With his strong financial and entrepreneurial background, and his extensive technology-related investment experience, Fai Chan is well positioned to identify those companies with the technological expertise and business savvy to succeed in the new millennium.
Robert H. Trapp - Director Mr. Trapp is the President of American Fronteer Financial Corporation, a Director of Online Credit and a Director of Global Med.
Mr. Trapp is a strategically focused Senior Executive with extensive international experience with public and privately owned investment banking, acquisition, equity and financial management companies and subsidiaries. He has over 15 years of proven achievement as director and officer of numerous Chinese, Canadian, and American companies. He is thoroughly familiar with the cross cultural business environments of Asia and North America. He brings a pragmatic, future-focused approach to operational management, while communicating, concise vision and providing leadership in response to a range of organizational challenges.
Jeffrey M. Busch - Director Mr. Busch founded Busch Communications, an operating company for several radio stations, in 1988, and serves as President and its sole Director. Mr. Busch has been a practicing attorney for the last five years. He served in senior positions in both the Reagan and Bush Administrations, and in the latter, he represented the United States at the United Nations in Geneva, Switzerland. Mr. Busch is also a Director of Global Med.
Robert Jeffers, Jr. - Director Mr. Jeffers has been an active participant in real estate development for more than twenty-five years. Upon graduation from law school in 1972 he joined the law firm of Alston, Miller & Gaines (now known as Alston & Bird) in Atlanta, GA. While there he worked in the firm's real estate, corporate and banking practice areas. As an associate attorney of the Alston firm, he advised real estate developers and financial institutions such as the real estate lending department of the C&S National Bank (now Bank of America).
In 1976 he joined the Washington, D.C. office of the New York law firm, Stroock & Stroock & Lavan. Mr. Jeffers was active in the real estate department of the firm. In 1980, Mr. Jeffers was made a partner of Stroock & Stroock & Lavan. He was one of the youngest partners in a Wall Street law firm and one of a handful of African American partners in such firms. In 1982, he became the head of the office's real estate department in their Washington D.C. office.
As a partner of the firm, Mr. Jeffers had full responsibility for such clients as The District of Columbia Housing Finance Agency (DCHFA) and numerous private developers of affordable housing. Mr. Jeffers was the DCHFA's first outside legal and bond counsel.
In 1983 Mr. Jeffers founded his own law firm, Jeffers & Squire, and began to devote much of his attention to real estate development for his own account. While servicing such clients as E.F. Hutton and Shearson, Lehman American Express, Mr. Jeffers also developed numerous residential properties in the up-scale Dupont Circle area of Washington, D.C.
Mr. Jeffers continues to work in the field of real estate development. In addition to providing legal counsel in this area, he also works with syndicators to raise equity funds for affordable housing projects. In addition, Mr. Jeffers works through Jacob's Ladder Housing Development Corporation to provide consulting and development services to housing development groups in Washington, D.C. and throughout the United States.
Kwok Jen Fong ? Director As a director of numerous companies, Mr. Fong has gained extensive business and financial knowledge in a diverse group of industries. Mr. Fong is also a Director of Online Credit International Ltd. and a Director of Global Med. In addition, Mr. Fong has been a practicing solicitor in Singapore for over five years.
Gary L. Cook - Secretary, Treasurer and Chief Financial Officer Mr. Cook is also Treasurer of eBanker USA.com, Inc. and Vice-President and Chief Financial Officer of American Fronteer Financial Corporation. From 1994 to 1996, Mr. Cook was a principal of a small venture in which he had majority ownership, and from 1982 to 1994, was a senior manager for KPMG, LLP where he managed all auditing services for several clients in various financial and other industries, and developed and implemented accounting, financial reporting and SEC reporting systems for growth companies. Mr. Cook also serves as a Director of Global Med.
Mr. Cook received a B.A. in Accounting from Bringham Young University in 1982 and is a member of the Colorado Society of Certified Public Accountants and the American Institute of Certified Public Accountants.
Tony Chan - Director and Chief Operating Officer Mr. Chan is a Director of Online Credit, Director of eBiz.HK.Com, (HKSE: 384), Director of American Pacific Bank (NASDAQ SC: AMPBB) and a Director of Global Med.
Mr. Chan specialized in Asian equity derivatives for Peregrine Investment Holdings Limited (Peregrine) in Hong Kong from 1996 to 1998. Mr. Chan was a member of a four-person team responsible for the structuring and sales of customized products including OTC options, OTC swaps, revolving baskets, relative value swaps, synthetic market access products, and Luxembourg and Hong Kong listed warrants and Share Entitlement Certificates on stocks, equity baskets, indices and currencies in Bangladesh, China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand. Mr. Chan marketed these products globally to clients such as retail brokerage firms, private clients, corporate clients, hedge funds and mutual funds as clients. Peregrine's derivative department produced annual recurring profits of $20 to $30 million and never suffered a single default in thousands of unique party-to-party derivative contacts. In addition to sales, Mr. Chan's role also included the production of trade-generating derivative research and marketing material, legally structuring and risk analyzing innovative financial products, derivative related data analysis and database management, and maintaining a product mix which balanced and focused on the internal book's positions.
>From 1998 to 1999 Mr. Chan worked in sales and structuring of Asian derivatives for Commerzbank, Global Equities, where he was involved in the establishment of a new regional business center in Hong Kong for the Global Equities Division. Mr. Chan utilized his strong informal background in Information Technology to manage and oversee the entire planning process and purchase of communication and computing equipment to meet Bank standards and investment banking requirements. Mr. Chan prepared and presented a comprehensive business plan covering proposed products with attention to capital and resource requirements, compliance, legal, settlement, risk management, accounting and IT issues; and volume, target audience and profit potential.
Since July 1999, Mr. Chan has worked for American Fronteer Financial Corporation as an Investment Banker specializing in the coordination of the Company's high tech and emerging Internet related strategic funding activities and as Chief Operating Officer and Director of eVision, where he is coordinating the synergistic growth strategies of its various subsidiaries. Mr. Chan is the son of Fai H. Chan.
Finally, the stock recently had a huge run from roughly 5/8 to 5.75 this past year after announcing many initiatives in Asia, and benefitting from daytraders. When traders tired of EVIS, the stock was punished, dropping all the way to under 2 dollars/share. We believe that this consolidation was almost inevitable, and believe that EVIS has formed a new base from which to make gains. As the debut of the online trading site nears, we expect to see continued interest in EVIS, along with increased volume. Thus we wanted to alert our readers to this excellent timing play.
EVIS Price: 2.78
About Microcap Investor 2000 Our goal is to seek out those securities on Nasdaq, Nasdaq small cap, and otc:bb that show incredible potential to take advantage of the internet revolution. The areas we concentrate in are infrastructure (broadband, wireless, etc) and ecommerce. We only feature securities that we feel have tremendous short and long term potential. We have received no compensation of any kind from any of the companies featured in the news letters, but often do hold positions in these securities. We reserve the right to buy and sell these securities as we see fit and as market conditions change. We urge all readers to do their own due diligence before considering purchase of any security mentioned herein.
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