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Microcap & Penny Stocks : AREE - Formerly TVSI -- Ignore unavailable to you. Want to Upgrade?

To: TopCat who wrote (291)	2/9/1998 11:14:00 PM
From: I Am John Galt	Read Replies (1) \| Respond to of 6528

Topcat, from what I understand... no matter how much naysaying you do on this one and no matter how much you bash this stock, this one will go up. Somebody up there knows something we don't, and will continue to buy at the opens, closes, and whatever they feel like. Rest and watch. Go TVSI. MG Out.

To: TopCat who wrote (291)	2/9/1998 11:41:00 PM
From: LPasko	Read Replies (1) \| Respond to of 6528

Top Cat has asked for substantiation of the background of Mr. Holcombe. Ricard J. Holcombe has long experience in the outdoor and sports apparel industry. Holcombe joined the well known apparel company, Woolrich, Inc. (makers of the "Buffalo Shirt") in 1973 as assistant sales administrator, and rose during a 20 year career there to Vice President of Sales and Marketing. In the early 1990s, Holcombe and several others from Woolrich joined apparel maker Amerex, Inc., where Holcombe served as President of the Amerex Outdoors and Trail Designs divisions. In early 1995, Holcombe left Amerex for a position as Vice President and General Manager of Rockport Apparel, a division of The Rockport Company. Holcombe was there until recently. I do see anything in the "trade press" about Mr. Holcombe's recent undertakings, but apparently he is now somehow associated with this enterprise. Since Mr. Holcombe is "the real deal", his connection to these transactions is a positive.

To: TopCat who wrote (291)	2/9/1998 11:52:00 PM
From: Roo	Read Replies (1) \| Respond to of 6528

So TC... are you saying that your personal inability to substantiate or verify the claims of this press release make it bogus?? Give us a break! I found your blow-by-blow analysis looking more like an attempt to tear down this stock, than to add any real value to the discussion. Do you have a reason for trying to discredit the idea that this company could become something? Let's see how your analysis looks sans inflammatory language: GOLDEN, Colo.--Feb. 6, 1998--Travis Industries Inc. (OTC: TVSI - news) announced signing a letter of intent to merge with Planet Sports Inc., a Colorado corporation. 1. A letter of intent is generally a non-binding agreement between two or more parties that intend to do business together. The final terms of the merger are currently in negotiation pending completion of a definitive agreement. The name of the company will be changed to Planet Sports Inc. at closing. 2. Should the merger be completed, the resulting company will give themselves a fairly hip-sounding moniker. Planet Sports was formed to acquire leading-edge products, technologies and businesses in the rapidly growing extreme and adrenaline sports marketplace and to take advantage of opportunities provided by the current consolidation in the outdoor sports industry. Planet Sports' management team has developed opportunities which are ready to proceed to a definitive agreement and is in confidential negotiations with several other companies in the outdoor industry. 3. The company intends to grow through product and business acquisitions. Agreements are being negotiated between the company and other parties in the industry. Agreements will not be disclosed until they are real. Pursuant to the letter of intent, Thomas P. Raabe, chairman and chief executive officer of Planet Sports, will be placed on the board of directors of Travis in anticipation of the merger. Raabe has served as special securities counsel to Travis for the past several years and has been pursuing acquisition opportunities in the outdoor sports industry for the past two years. 4. Mr. Raabe has been working as an advisor to Travis for some time and is very close to the acquisition process....putting him on the board suggests that he and the company have a viable working relationship. Steve Cayou, president of Travis, stated that Planet Sports will bring experienced executive management and outdoor industry veterans to the management team of Travis. Cayou further stated that the merger greatly ensures completion of pending acquisitions and will enhance the company's ability to attract substantial candidates with leading-edge, state-of-the-art technology and advanced marketing techniques. 5. "Merger greatly ensures completion of pending acquisitions" as a publicly listed company, they have more options and greater flexibility in negotiating the terms of acquisitions (keep in mind the previously stated intent to grow through product and business acquisitions). Of the initial transactions planned, Planet Sports has reached a preliminary agreement to acquire Next Level(TM) Sportsystems Inc. Next Level(TM) has launched a sportswear and apparel line aimed at youth team sports and young urban apparel. Next Level(TM) expects to achieve over $10 million in sales in 1998 to accounts including J.C. Penney and to department stores and mainstream, big-box sporting goods retailers. Next Level(TM) projects growing to in excess of $60 million by the year 2000. 6. These claims, if true, make a substantial opening argument. This would probably be the best place for a potential investor to start doing DD, by researching Next Level. Next Level(TM) has a unique vision to combine high-visibility marketing and community service through the Next Level(TM) Foundation, a non-profit organization formed to fund and administer programs to inspire America's youth to focus on positive, rather than negative, influences. The company intends its brand and products to be identified with these activities and to attract sponsorships and representation by high-visibility athletes and community leaders. Next Level(TM) currently has several high-profile professional sports figures as investors and spokesmen for the product line. 7. "unique vision to combine high-visibility marketing and community service through the Next Level(TM) Foundation"......"the company intends its brand and products to be identified with these activities....(borrowed from Nike's very successful strategy)?...."high-profile professional sports figures as investors"....Why would these people invest in this "unknown?" - perhaps it is not an "unknown" to them... the good ol boy network is far from dead. More importantly, "who are these people, and when will the company release information about these affiliations?" The management team of Next Level(TM) currently consists of five individuals who are veterans in the men's and women's apparel industry with over 60 years combined marketing experience and 25 years of corporate development experience with major apparel companies. Richard Holcombe, president and chairman of Next Level(TM), has over 28 years experience in the apparel textile industry, including 20 years with Woolrich Inc., where he served on the board of directors and as senior marketing vice president. Holcombe has also served on senior management of Amerex and Rockport Shoe Co. Holcombe is expected to become a member of the Planet Sports team. 8. Again, a good place for potential investors to start their DD. While looking into Next Level, also check out Mr. Holcombe's background. Cayou stated that the merger with Planet Sports and the acquisition of Next Level(TM) are the first steps in a series of planned and potential acquisitions designed to build a $100 million+ outdoor sports and apparel company. 9. The company has aggressive plans for growth. Be warned though, that anyone (including Nike, Coca Cola, Macdonalds, Microsoft, AT&T, Intel, Goodyear, Mitsubishi, etc...) can make this statement and not be held responsible for "changing market conditions, etc." So, tell me TC, what did the press release really say?