Xybernaut, a regular fountain of "Youth". Notice the address 2224 main street which happens to also be criminal and conman Regis Possino's address. They same address these two crooks promoted XYBR from. Did Bergman get bribed to write the Xybernaut report? Or was it just a freebie? Soon all will know!!
YLNE - YOUTHLINE USA INC Last Price: 0.001 Change: Unchanged (0.00%) Previous Close: 0.001 on 9/5 ------------------------------------------------
Access1Financial issues research report on YouthLine USA, Inc
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Youthline USA, an Internet company, began trading in the public markets August 9, 1999. Youthline's corporate focus is to continue perfecting an education/entertainment medium that is both safe and friendly to children. Unlike most Internet companies, Youthline's business model actually includes strong revenues and profits!! Through Internet and the Company's Magazine, - Youthline USA, this public company is on track and is strongly positioned to become the pre-eminent education provider to schools, libraries and to responsible parents.
In this fast pace Internet era, no company can succeed without Tier-i management running a company; this is one of the many areas; where Youthline really shines. The Company's CEO, Neal Tomblyn is a well-known personality in the Internet World. Tomblyn has held senior positions at Reuters-TCI, Xerox, and Bell Atlantic. One of the most significant credits to his 20+ year career was the launch of Yahooligans! for Yahoo (Symbol: YHOO), their children's-destination stop. This very accomplishment makes Tomblyn's status as CEO and the leader in heading up this rapidly growing Internet education company a definite success' Youthline also has many other uniquely qualified and well known Senior Management, some of which has been mentioned in Youthline's recent press releases.
Hot Properties
The Youthline USA magazine was launched with a paid circulation of less 10,000 subscribers. Today, it exceeds 125,000 and management expects that number to reach 500,000 paid circ. within the next several months! To put this into perspective, Sports Illustrated for Kids, at present, has only 125,000 (approx.) in paid circulation! In addition to the explosive circulation growth rate of their magazine, Youthline has just announced a transaction to acquire a 20% interest in Dinozine, a bi-monthly children's magazine with an expected base rate of 100,000 subscription costs to be $16.95 for a year's subscription. Thru this acquisition, Youthline USA is in a position to be considered the #1 children's media property in the country that may can the acceptance of departments of education across the nation. The intrinsic value of these two combined companies is difficult to evaluate, however, on a conservative evaluation, fully matured, based on subscription comparables, they should be! worth over $100,000,000!
Youthline also just announced the acquisition of Ingenius, an Internet subsidiary of Liberty media, a TCI-Reuters company. In spite of investing a rumored multi-million dollar number to develop, Ingenius remained a non-core asset for Reuters compelling them divest themselves of this property and sell it off to Youthline. This windfall for Youthline enables the company to offer a truly unique and proprietary Internet property that rates/grades and controls Internet content making it SAFE FOR KIDS!! Furthermore, It offers curriculum based lesson plan; for distance learning - a hot sector in its own right! , and a communication venue between parents- teachers and children. Youthline will be offering this medium to schools and libraries nationwide, - immediately addressing the critical need to create safe, non-harmful Internet access to children and students all over the country.
Youthline has also announced the acquisition of Lessonstop.com, a web site for teachers who are pressed for time and need quality and innovative ideas for classroom activities, with links to over 500 other lessons plan sites on the net. Lessonstop.com a business-to-business operating model presently has over 2900 education professional subscribers with over 200 additional professionals subscribing each month.
Now, let's talk stock price. Youthline (Symbol OTC; YLNE) is only trading in the $9.00 - 10.00 range. At a present rate of over $6,000,000 in revenues, combined with Youthline's fast track growth rate, pro-forma 24mo. projections of revenues in excess of $100,000,000, there is a compelling reason to expect significant price appreciation of the stock price. On a valuation basis at these current levels, using industry common Wall Street valuation formulas of 10-15 x Revenues, this Stock could easily justify trading in excess of $50.00 per share - right now!! While we don't expect that immediately, Youthline is on track to get there sooner rather than later!
Following is a copy of report from Accesses Financial:
Acces1 Financial
2224 Main St., Santa Monica, CA 90405 YOUTHLINE USA (YLNE) Buy
Mark Bergman, Dir. Global Equities Research (310) 581-7997 Price: $9.688
Chris Djernaes, Associate Analyst Oct. 7, 1999
Market Cap (Mil) 96.9M 52 week range $7.50 - 10.25
Shares Out (Mil) 9.9M Avg. Vol. 3 mos. 19,826
Recommendation
The Company believes it is the only interactive multimedia; multi-product firm focused on the K-12 market with a combination of content, programming and distribution for both print and Internet media. The competition is highly fragmented and polarized between large distributors and small content producers. Circulation for the newspaper is currently 125,000 and is expected to reach 250,000 by the end of the year. Total subscriptions for all media channels are expected surpass 1 million for FY 2000. Revenues from all sources are expected to grow from $3.9 million to $20 million over the next 15 mos. The company has acquired Doodlebug Online, Inc., Lesson Stop, and Ingenius in the last 3 mos. adding content, programming and distribution capabilities. Joint ventures with large content and distribution partners are expected to create important online links synergy across the YOUTHLINE platform. The current valuation doesn't account for the expanding revenue streams from each of the new acquisitions or the incremental revenue generated through cross-market advertising and promotion. The Company believes it can leverage its operational infrastructure to gain market share, brand identity and increase shareholder value. We highly recommend purchase of its shares for intermediate and long-term accumulation. Our 6- and 12- month price targets are $15.00 and $20 per share.
Access1 Financial, All rights reserved.
We are not a broker dealer, and this report is not to be construed as a solicitation to buy or sell any securities in any jurisdiction where such an offer or solicitation would be illegal or inappropriate. The material is based upon information that we consider reliable but we do not guarantee that it is accurate or complete, and it should not be relied upon as such. Opinions expressed are current opinions as of the date appearing on this material only. While we endeavor to update material on a reasonable basis, we are not obligated to do so and there may be regulatory, compliance or other reasons that prevent us from doing so. Our officers, directors and employees, including persons involved in the preparation or issuance of this material may from time to time, have long or short positions in, and may buy or sell the securities or the derivatives (including options) of companies mentioned herein.
The Company
YOUTHLINE USA, Inc. (YL), is a leader in providing value-added educational content and interactive multimedia entertainment products and services for children, parents, educators, schools and libraries. It is currently focusing its efforts through two divisions: the print and the Internet. The firm's rapid intrinsic growth is accelerating due to its recent acquisitions. Ingenius gives YL a database and 5 year of historical events, and interactive programs for kids K-12 tying news clips from video, audio, pictures, etc to the classroom. Doodlebug Online, Inc. (DBO), provides YL with an integrated software solution and server offering its subscribers safe access to the Internet through its browser and search engine. Lesson Stop offers YL access to teachers and parents through its website which enables communications between teachers, students and parents while acting as a portal linking over 500 curriculum sites specifically for teachers.
The YL multi-media, education platform is quickly leveraging content and programming with distribution.
Competition
The Company believes no single competitor has focused on the K-12 market with the same combination of content and distribution for both print and Internet media. The Company feels that its competition is highly fragmented and polarized between the handful of large, content hungry distributors such as AOL, The Learning Company (a division of Mattel) and Scholastic, and myriad small companies with niche services and products. The YL newspaper, for example, competes with Scholastic, the Weekly Reader and NIEs (newspapers in education or divisions of major Newspapers), and at the same time it faces myriad smaller content poor school papers. Doodlebug Online competes with filter agents such as NetNanny, Cyber Patrol and Internet Services such as AOL, Surf Monkey and MSN. The Lesson Stop faces competition from large companies such as The Learning Company (owned by Mattel) and many smaller fragmented websites. The Magazine Dinozine has no direct competitors but magazines such as Rang! er Rick and other online magazines compete indirectly.
In any case, YL believes that its ability to produce and systematically archive content gives the company a unique advantage as a potential strategic partner to the larger firms that currently dominate distribution. It also sees the smaller firms with synergistic value as acquisition targets incorporating them into one larger organization. The Company believes it can leverage its operational infrastructure to provide content, distribution to create strong market share, brand identity and shareholder value.
Value-Added Content
Education is $300 billion a year industry struggling to incorporate the vast content rich resources of the Internet while maintaining safe and secure access for students. Recognizing the opportunity, YL has sought to acquire content with which 1) teachers can build and share lesson plans, 2) students can include in their assignments, and 3) Libraries can access and distribute without building costly facilities.
YOUTHLINE (youthline-usa.com) is the only national weekly newspaper for children ages 8-13 years. The paper is a full color, 16-page weekly publication covering topics such as current events, sports, personal interest, art & entertainment, politics, etc. The newspaper is designed to bring children closer together culturally, and introduce them to children of different cultures and ethnicity around the world. Drawing from traditional sources such as the Associated Press and Reuters News Agency, YL tailors the material to readers' age and reading level.
Ingenius, is an important new dimension for the YL platform. Ingenius has over 40 trademark characters, 40 mini games through which data and content can be plugged into games to reinforce lessons, and access to over 1,560 archived news stories that can be integrated into lesson plans and student reports. It also has award-winning programs for the K-12 education market. "What on Earth?" is an interactive current events program with hotlinks to vocabulary words, video and audio clips, photographs and more in depth information. "Ask ANDIE" is an interactive research and learning website that includes stock tracking and monitoring service for education in personal finance. JAMZ is a topical-based, multimedia chat service for kids. These innovative programs encourage kids to learn in a more comprehensive way.
Distribution
The YL nationally distributed newspaper is intended to be interactive through articles introducing suitable websites and encouraging people to meet at YL's website through email and chartrooms. The website offers services for home and school uses that compliment the YL newspaper and other media while creating synergy for teachers and students seeking to expand the academic experience.
YOUTHLINE is also in the late stages of planning to launch Dinozine, a magazine for kids 6-12 years, in association with Dinomation International Corp., an Irvine, CA, manufacturer of animated robotic dinosaurs used in museums, zoos, etc. The bi-weekly magazine is designed to be an entertaining, educational, and interactive and will be distributed nationally by Curtis Circulation Company, the nations largest. YL also plans to create characters for spin-off entertainment ventures such as videos, cartoons, and magazines that would promote reading and learning in a fun way for children K-12.
YOUTHLINE is strongly committed to providing safe interactive access to the Internet and multi-channel distribution for educational value-added content. YL has positioned DBO as an Internet service company that provides parents and educators with the tools allowing children to explore and interact on the Internet safely and securely. The goal is to make the Internet a productive and entertaining experience through two services: Doodlebug, aimed at children 3-12, and another (named to be determined) aimed at teens 13-17. The DBO uses profiling software to determine how each student accesses and utilizes the Internet and simultaneously track activity for content rating and ranking purposes. DBO's school/library service allows schools to offer safe and secure Internet access, and encourages communications between children, parents and teachers.
Finally, YL recently acquired the Lesson Stop website (lessonstop.org) that is both a web stop and a biweekly newsletter for teachers. The site gives K-12 teachers seeking content and classroom activities through links with over 500 lesson plan sites based on national standards. The site also allows teachers to communicate through bulletin boards and chartrooms services. Teachers will be encouraged to develop curriculum activities around the integrated content from the YL newspaper, Dinozine magazine, Ingenius archives and the DBO vehicles, creating important cross-channel demand.
Acquisitions
The Company plans to grow quickly by acquisition issuing stock and cash for synergistic, small companies that compliment the core strategy of keeping the print and the Internet divisions growing and expanding. These small companies typically have strong relationships or technologies, but are struggling to raise capital as independent entities. YL hopes to acquire companies with "off-the-shelf" products or services that compliment its core growth strategy and integrate technology, distribution, advertising, and e-commerce capabilities together in a comprehensive alliance.
Finally, YL hopes to complete acquisition of InnovEd.net, a one-stop shopping site for educators to browse product offerings available to them and their institutions from vendors seeking to sell online to the education marketplace. InnovEd.net is a sister company of yellowpages.com and expects to leverage the relationship to become the leading directory of the global e-commerce gateway for education.
Reasons to Invest
Market Share:
The Company is the only cross channel value-added content provider and distributor with no direct competition. Newspaper subscriptions are running ahead of targets and are expected to reach 250,000 for FY 1999 and increasing to 500,000 -1 million for FY 2000. Dinozine magazine is expected to have 50,000 subscribers in year one and increase to 600,000 in subsequent years. The Websites have over 10,000 subscribers and are adding 500 per month while experiencing 500,000 first time hits per month. New advertising campaigns in widely circulated women's and family magazines, television, etc., and distribution relationships with several of the nations largest distribution firms will create increasing brand identity and cross-channel demand for the paper, the magazine, and the Internet websites and services. There are other competitors with specific niches, but none are able to build subscriptions bases around one or more integrated, YL theme vehicles.
Management:
The Company has an experienced marketing and management team has demonstrated its abilities to create and grow profitable media companies for specific niche markets. For example, Chairman and CEO, Neal Tomblyn, has an illustrative career in multimedia co-founding educational ventures such as Bell Atlantic's "Project Explore" a multilateral effort to network school, teachers, parents and students to create a comprehensive learning and communications environment. He also served as President and CEO of Ingenius, a joint venture between Reuters and TCI in educational programming; he is credited with integrating distribution of Ingenius through cable, Internet and Digital Broadcast Satellite channels.
Valuation
The Company expects to be cash flow positive by year-end 1999, and move strongly into the black for FY 2000. Revenues from newspaper and Internet subscriptions should be complimented by the launch of the new Dinozine magazine that is expected to generate 1/3 of the firm's total revenues for FY 2001. The synergistic, cross-channel platform is very appealing to potential advertisers as they can clearly target market segments. It is expected that national advertisers, sponsorships from professional sports teams and products (e.g., Nike), and grants from Educational Express (a non-profit organization designed to support the paper) will all contribute significantly to the firm's top and bottom-line growth with lower marginal operating costs. Importantly, the diversified revenue streams decrease the business risk and stock valuation as investors are not dependent on the success of any one unit.
It is nearly impossible to compare the Company at this early stage with other small firms as they are generally privately held or don't have the comprehensive capabilities of content and distribution across print and Internet media. Similarly, it is difficult to compare the firm to the larger distributors as they are - according to the firm - more likely to be potential strategic partners than competitors. However, looking at the pro forma forecast for the consolidated statements, the Company appears poised to grow its top and bottom lines substantially over the next several years. We therefore recommend purchase of its shares for the appropriate investor with 6- and 12- month price targets of $15.00 and $20 per share respectively. =============================
ACCESS 1 FINANCIAL, INC
*** FOR INFORMATIONAL PURPOSES ONLY *** Copyright 1999-2001 LexisNexis a division of Reed Elsevier Inc. All rights reserved.
BUSINESS SUMMARY REPORT
ACCESS 1 FINANCIAL, INC 6100 Neil Rd Ste 500 Reno, NV 89511-1149 County/FIPS: Washoe
Addresses Associated Entities Bankruptcy Judgments Licenses Liens Names Other Property Profile Info Real Property Sources Telephone
Name Variation(s)/DBA(s): ACCESS 1 FINANCIAL, INC Source Document(s)
Address Variation(s): * * * ORIGINAL * * * 6100 Neil Road #500, Reno, NV 89511 Source Document(s)
* * * POSTAL STANDARD * * * 6100 Neil Rd Ste 500 , Reno, NV 89511-1149 County/FIPS: Washoe MSA: Reno, NV - 6720 PROFILE INFORMATION
Name: ACCESS 1 FINANCIAL, INC State of Incorporation: NV Incorporation No: 23887-1999 Duration: PERPETUAL Status: REVOKED 06/01/2001 Type: REGULAR(DOMESTIC PROFIT) Source Document(s)
Executive(s): CHRIS DJERNAES, SECRETARY CHRIS DJERNAES, TREASURER MARK BERGMAN, PRESIDENT Source Document(s)
Registered Agent(s): CORPORATION TRUST COMPANY OF NEVADA STATUS: RESIGNED 01/18/2001 6100 NEIL ROAD #500 RENO, NV 89511 Source Document(s)
Company ID Numbers: State ID(s): NV, 23887-1999 Source Document(s)
Roles and Occurrences in Data: Creditor: 0 Debtor: 0 Bankruptcy Petitioner: 0 Other Bankruptcy Party: 0 Judgment: 0 Registered Agent: 0 Name Variation(s): 1 Real Property Owner: 0 Aircraft Owner: 0 Motor Vehicle Owner: 0 Boat Owner: 0 FID Holder: 0
ASSOCIATED ENTITIES
CORPORATE FINANCIAL ENTERPRISES 2224 Main St Santa Monica, CA 90405-2218 Source Document(s)
CORPORATION TRUST COMPANY OF NEVADA 6100 Neil Rd Ste 500 Reno, NV 89511-1149 Source Document(s)
Bergman, Mark 2224 Main St Santa Monica, CA 90405-2218 Source Document(s)
Djernaes, Chris 2224 Main St Santa Monica, CA 90405-2218 Source Document(s)
SOURCES
All Original Sources
NV Secretary of State Corporation Information 1 Source Document(s)
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