post # 762 on Tokyo Joe's Cafe / Societe Anonyme/No Pennies
"Best Companies for Asians, Blacks and Hispanics
Why They're the Best"
Tokyo, awesome post, and information, thank you
also, you posted for newbies
post # 8002 Tokyo Joe's Cafe / Societe Anonyme
a terrific collection of resourceful urls..again, thanks
*********
Here's a OTC penny stock that has a goal for the betterment of urban/low economic communities..
BAOA. The company intends to help a lot of communities and create a lot of jobs in call centers, creatively utilizing government funding for the training of jobs, and then using the trained people who live in empowerment zones to create revenue for BAOA and in turn these trained people will have salary/income and be a viable part of economic growth in a growing industry.
here is some DD on BAOA (taken from the BAOA thread heading)
BAOA is a reporting company.
BAOA was listed here on both the May and June OTC top 100 list for most actives:
otcbb.com
BAOA is the symbol.
BAOA web site address: baoa.com
an excerpt from their web site:
BAOA's evolution continues with its merging into the strategically viable telemarketing
business.BAOA now intends to focus its basic mission on evolving telemarketing call
centers throughout the United States.
2635 Camino del Rio South
Suite 210
San Diego, CA 92108
619-291-2262
FAX: 619-291-2290
E-mail: info@baoa.com
_______________________________
Wednesday June 24, 8:05 am Eastern Time
Company Press Release (this is only an excerpt)
BAOA Communications Receives a $79 Million Purchase Order for
Telemarketing Services
SAN DIEGO--(BUSINESS WIRE)--June 24, 1998--BAOA Communications
(NN/OTC:BAOA) today announced that it
has secured a strategic alliance with USA Telecorp of Pompano Beach, Fla., to provide
telemarketing contracts for BAOA
telemarketing call centers.
In connection with this alliance BAOA has received a purchase order for $79 million,
representing commissioned sales to be
performed over a three year period.
_____________________
_______________________
Thursday May 14, 8:03 am Eastern Time
Company Press Release (this is only an excerpt)
BAOA Communications To Open Call Center In New York City
SAN DIEGO--(BUSINESS WIRE)--May 14, 1998--BAOA Communications
(NNOTC:BAOA) announced today that the
Upper-Manhattan Empowerment Zone has accepted the company's proposal to establish a
Call Center in Harlem, New York
City.
The acceptance, which was one of only three proposals selected from a pool of more than
four hundred applications, provides
the Company access to more than $2 million in incentives for the implementation of a
BAOA Call Center in Harlem.
''We are very pleased to have the opportunity to establish a Call Center in important urban
empowerment zone such as
Harlem,'' said Peter Van Brunt, BAOA's chief executive officer. ''This reflects the great
socioeconomic benefit offered by our
Call Center programs and again demonstrates the rapidly growing market opportunity for
the Company's products and
services in economic empowerment zones around the country.''
_________________________________
_____________
from Edgar...a bio on Peter Van Brunt..
Mr. Van Brunt is a graduate of Columbia University, completed a J.D. in law from the
University of La Verne where he made Law Review and has taken postgraduate studies at
Oxford University. He is responsible for overall development, production, marketing, and
distribution of the Company's products. He is using his established talents in the music and
game software industries to establish BAOA's high visibility as a product leader in the
emerging ethnic, urban contemporary market niche. Mr. Van Brunt has over fifteen years
experience as senior vice president and assistant general counsel for one of the nation's
largest African American owned record labels. He has extensive experience as a corporate
officer conducting commodities transactions and business development throughout the
African continent, dealing with heads of state, political bodies
and the international banking community. He has acted as chief negotiator for crude
petroleum acquisition and distribution projects. He has managed all phases of business
affairs and contract negotiations for one of the largest African American owned recording
companies. His experience includes managing recordin artists through the recording
process, selecting material and producers, promoting and marketing products, and
managing tours. He has developed and negotiated agreements for recording, distribution,
label joint ventures, publishing, and foreign licensing.
*************
vision & mission:
baoa.com
market opportunity:
baoa.com
call centers:
baoa.com
trends in call center management:
baoa.com
communications:
baoa.com
business strategy:
baoa.com
partnership:
baoa.com
************
BAOA has new management and new direction from where it started out a few years ago.
Outsourcing and call centers are growing rapidly. They are growing at a 50% rate. For
example, in the outsourcing industry at present, in the United States, it is a 6 billion dollar
industry, next year it is projected to be a 9 billion dollar industry. Why? Because corporate
America keeps downsizing. They can't have employees sitting around waiting to answer
phone calls. So, they hire outsource centers to handle the flow of calls. As a hypothetical,
you might be calling your credit card company and you are not really talking to the credit
card company, but an outsource center, or a call center, where people have been hired to
field the calls. It is cheaper for corporate America to do it this way, and more efficient. This
tele-service building can seat anywhere from 200 to 1500 people per call center.
Additionally, call centers are used to field those calls for ordering products, that you see on
those late night and weekend infomercials..
BAOA has already acquired a call center in Atlanta. It is projected to be fully operational in
September.
The Federal Government has designated 6 zones in the country as "empowerment zones",
in which there are tax credits and government funding to create jobs and training for
unskilled or uneducated work force. Over one billion dollars has been dedicated to this
project (I am NOT talking about just BAOA, but in general terms) This is supposed to be
increased in the future. Atlanta is one of those empowerment zones..
BAOA has provided an elegant solution to utilize government funding that will not only help
the communities their call centers are opened in, but will ultimately generate revenue and
jobs. The training facilities will be subsidized through government funding. The Atlanta Call
Center is a 40 thousand square foot building with 3 floors. The jobs created through
BAOA call centers for some people will be their career and livelihood, and for others it will
be a stepping stone into other careers in the communications industry. Many positive things
will come from this that will impact many people. The Atlanta Call Center should be up and
running in September.
It is projected that in the first quarter of 1999 that a call center in Harlem will begin
operation.
There are talks about possibly call centers in Brooklyn, Bronx, and 2 in the Los Angeles
area, one of which will be multi-lingual.
Minor stuff.I was told (and this is NOT the focus of the company), is BAOA is also having
a line of clothing called BAOA gear (t-shirts, hats , funky designs etc), prepaid calling
cards.. which will probably also be marketed through the call centers rather than traditional
marketing. (minor stuff compared to the big and aggressive focus of the company)
* * * * * * * * * * * * * * * *
This is NOT a recommendation to buy stock in this company. Do your own due diligence.
The investor relations person can be reached at 619-291-2262.
The company can send you further information.
If you speak to the company you will learn where this company has been and where it is
headed.
Please do your own research and verify all information.
|
