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Gold/Mining/Energy : NET NANNY SOFTWARE NNS-V -- Ignore unavailable to you. Want to Upgrade?


To: stubbs who wrote (1455)10/3/1998 1:40:00 PM
From: philip trigiani  Read Replies (1) | Respond to of 1681
 
Can't agree more with that statement. True fundamentals will drive stocks from now on, the speculation of the past will be few and far between, investors are cautious. We could see some more tax loss selling till year end, but, hopefully the numbers NN will come out with in the next 2 quarters will trully set the market on notice.

On another note, after thoroughly reading the year end financials report, I have some questions.

1. 80% ownership of NN is with CDS & Co. 25 esplanade box 1038, station a, Toronto, ontario M5E 1W5. Nanny states they don't know the registered owners, I find this hard to believe? If I were the CEO, I'd like to know everything about my majority stakeholder, come forward with this information, or make an effort to find out, please.

2. Insiders and employees hold about 17% of the shares outstanding, which leaves a float of 3% public. At 11.5 million shares outstanding, 3% is not much liquidity available. Although i'm not in favour of diluting our public % further, this lack of liquidity does not bode well for larger institutional investors, unless private placements are done.

3. I've spoken with investors relations in regards to consignment sales vs actual sales. I have suggested a monthly monitor via a graph/report on the website. Growth of consignment sales vs actual retention from those sales is the number I want to see regularly, if you like this idea or have any others of your own, please email brad maclean.

4. As I am disappointed in NN share performance, I agree it is overall market driven only, NN has the goods, network, recognition and people to make NN a real company to grow with. Opportunity is knocking at this price, I am buying what I can also. 1999 will be the year Nanny gets its just reward.

IMHO, due diligence is always warranted.

Here is a copy of an email I received:

Please find attached below an Internet address link to an Investor Relations
section for Net Nanny Software International Inc. through T-Net British
Columbia. T-Net British Columbia is BC's leading source for technology news
and high tech investment information on the Internet.

T-Net lists detailed stock information for Net Nanny Software and offers an
excellent opportunity to raise our company profile among stock analysts,
brokers, money managers, and industry professionals.

T-Net investor will provide detailed editorial coverage, market summary,
stock quotes and charts, on-line company profile, and on-line registration
for visitors to request investor relations materials directly from Net Nanny
Software or to join Net Nanny Software's email distribution list.

T-Net British Columbia receives over 1,000,000 hits per month and reaches a
who's who audience of over 20,000 key technology individuals per month.

bctechnology.com
<http://www.bctechnology.com/frameset_inv.html>

If you have any questions please contact me.

Best regards,

Brad McLean
Investor Relations
Net Nanny Software International Inc.
Tel: 604-662-8522
Fax: 604-662-8522
Email: bradm@netnanny.com <mailto:bradm@netnanny.com>