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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?

To: Tom Allinder who wrote (4594)	12/9/2000 6:39:15 PM
From: Tom Allinder	Respond to of 4792

OK, here is a stock that may be ready to go when the market turns around... (when is the question) I have mentioned it many times before. 3si/kewi.net (OTCBB-TSIH) O/S: 42M (35+M restricted) Float: 6.7M (Of which 4.2M is restricted) 52 week high: $1.03 52 week low: .06 The company has NO DEBT and no lines of credit. They do business and pay their bills with their own cash flow... I am going to get the bad stuff out of the way (or perceived bad stuff first) S-8 filed on 8-28-2000: 1. GENERAL PROVISIONS 1.1 Purpose. The 2000 Non-Qualified Stock Plan (the "Plan") is intended to allow designated officers, directors, consultants and employees (all of whom are sometimes collectively referred to herein as "Participants") of 3Si Holdings, Inc., a Wyoming corporation ("3Si") and its Subsidiaries (as that term is defined below) which it may have from time to time (3Si and such Subsidiaries are referred to herein as the "Company") to receive shares ("Shares") at one tenth of one cent ($0.001) par value ("Common Stock"). As used in this Plan, the term "Subsidiary" shall mean each corporation which is a "subsidiary corporation" of 3Si within the meaning of Section 424(f) of the Internal Revenue Code of 1986, as amended (the "Code"). The purpose of this Plan is to provide Participants with equity-based compensation incentives to make significant and extraordinary contributions to the long-term performance and growth of the Company. Not all S-8s are bad... this one seems OK provided the company is telling the truth about what the 3M shares are for. Insider sells or registration? Frank Backes (The prez/CEO of TSIH) states (on more than one occasion) that this is stock that is registered and none of these guys are selling: Link to insider sales (registration?): biz.yahoo.com OK, whats good about TSIH? Well, the company is compiled as follows: 3si is a holding company with kewi.net as its biggest holding. Kewi.net... what do they do? Mainly they are an infrastructure and ASP provider. The biggest deal they have going on (that no one knows about because the big company will not let them tag them on a news release) is that kewi.net provides the infrastructure for Qwest Communications' (NYSE-Q) Qwest Cybersolutions. If you watch a lot of CNBC or news like I do, you will see that Qwest has plenty of commercial time... (I like the Transmegalift commercial) Isn't this something? Q will not let them release the news even though kewi.net has been doing this for months. Here is a Qwest NR stating the opening of Cybercenters: qwest.com Here is the link that will show you that kewi.net is really providing the infrastructure (and getting paid nicely for it): kewi.net This is an excerpt from the 10Q filed in Nov: The Registrant's strategy is to continue to expand the offering of the KEWi family of products to a broader customer base. By partnering with Application Service Providers ("ASPs") and other distribution partners, the Registrant intends to increase its penetration into the Internet-based software market. The agreements with Qwest Cyber.Solutions ("QCS") are an example of this strategy (see Exhibits 10.2, 10.3, and 10.4 to this Form 10-QSB). The addition of document management and portal management to the family of KEWi products, along with the expansion of capabilities in the knowledge management and request tracking products, has increased the size of the potential market for KEWi products and services. As of October 2000, the Registrant has expanded its agreement with QCS to develop and maintain the QCS web site. Projected revenues (net of subcontractor fees) for FY 2001 under this expanded agreement are $805,000. The Registrant has also entered into an agreement in 1999 in the ordinary course of business with SMI International to maintain and operate an Internet-based customer support system for FY 2001, for the U.S. Air Force Operational Space and Support Program. The $129,600 fee for the annual agreement was received in July 2000. And now.... QCS has extended the contract (according to a source close to the company) which will mean another $805K in TSIH pockets. Also... Harris Corporation (Harris Corporation Selects KEWi as Internet Based Support for OSSS): kewi.net Here is the link to all the filings: freeedgar.com Now, according to company officials, aside from the QCS extension, there are more contracts coming. I find it very encouraging that here is a virtually unknown company that has a real business, a real plan, has contracts with well known companies and has no debt or need for a line of credit. The stock is virtually unknown, there are no promoters in the stock... Frank Backes, the CEO is very wary of promoters and rightfully and thankfully so. I believe (MY OPINION) that TSIH is a decent investment... I think once the market turns around and they begin releasing news of new contracts and as their cash flow and profits (yes, they are profitable- not by much but profitable nevertheless) increase they will get noticed. Another positive is that unlike many OTCBB companies, they do not have billions of shares out on the street. The effective float is only slightly over 2M and trades like there is even less. The company has enough stock in reserve to be able to do quality acquisitions (especially if the price increases). Another consideration is the spin-off of kewi.net (the big money-maker) as its own publicly traded company. This, according to the CEO is a possibility. This is NOT a recommendation to buy this stock. I have been accumulating the stock for the last 3-4 months. I will benefit from a price increase. I purchased the stock over this time period because I believe it is one of the few, honest, non-scam companies on the OTCBB. I said I would be honest... Tom