SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: justmickey who wrote (71684)11/20/2000 10:08:40 AM
From: john  Respond to of 150070
 
VLUS News

biz.yahoo.com

ValuSALES.com Reports Record Third Quarter Revenue and Profits

HIGHLIGHTS

Net income of $10,665 compared to a loss of $16,097 for the
corresponding quarter a year ago

268% Growth in Revenue

Gross profit margins of 53% compared to 30% for the corresponding
quarter a year ago

FT. LAUDERDALE, FL, November 20, 2000

ValuSALES.com, Incorporated (OTC: VLUS) a developer of Internet and
Technology solutions for businesses to succeed in today's electronic
economy is pleased to announce its record financial results for the
quarter ended September 30, 2000. Revenue for the quarter increased 268%
to $792,201, as compared to $197,990 during the same prior year period.
Net income for the quarter was $10,665 compared to a loss of $16,097 for
the comparable period in 1999. Gross profit margins for the quarter
increased to 53% compared to 30% for the corresponding period a year
ago.

"We delivered another strong quarter, marked by superior execution of
our strategic plan and a continued strong demand for our Internet and
Technology solutions capabilities," said Jeffrey Harrell, CEO of
ValuSALES.com, Incorporated. "Our increasing gross profit margins, as
compared to a year ago, are proof that we are focusing on strategic
products and new customer relationships, creating a positive effect on
the business," Harrell continued.

Recently, ValuSALES.com answered its Form 10SB SEC comment letter and
amended its Form 10SB filing. The Company expects a listing on the OTC
Bulletin Board in the near future.

Harrell concluded, "We will continue to achieve maximum profitability
and execute our strategy of growth through profitable acquisitions as
with the completion of the purchase of Simply Streaming, a streaming
video, CD production firm with 56k and broadband production products.
We expect record revenues and income for the year 2000 and the
announcement of more significant strategic acquisitions beginning in the
first quarter of 2001."

About ValuSALES.com, Incorporated: ValuSALES.com was incorporated to
develop Internet and technology products and related services that
enable businesses to maximize the full potential of the Internet. The
company provides value-added services that assist clients in
establishing, developing and maintaining their Internet and e-commerce
related businesses. ValuSALES.com companies offer e-commerce solutions,
business-to-business services, marketing solutions, web site design and
hosting, computer hardware, software & networking, wireless Internet
solutions, and Internet Mortgage Banking.

If you have any questions regarding this information please contact the
company.

To visit ValuSales.com, Inc. on the web go to:
www.valusales.com
www.valucomputers.com
www.valumortgages.com
www.odysseyadvertising.com
www.webodyssey.cc
www.simplystreaming.com
Forward-looking statements and comments in this document are made
pursuant to the safe harbor provision of Section 21E of the Securities
Exchange Act of 1934. Such statements relating to, among other things,
the prospects for the company to increase the level of sales, maintain
current sales levels, add new products and services and develop new Web
sites are necessarily subject to risks and uncertainties, some of which
are significant in scope and nature, including risks related to the
demand for the company's products and services competition, and
availability of capital.