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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce -- Ignore unavailable to you. Want to Upgrade?

To: Kimberly Lee who wrote (14)	12/21/1998 10:50:00 PM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 2994

1. The company has signed a letter of intent with America's Home Town Brand Center, Inc., (AHBC), a nationwide provider of wholesale vendor relationships and comprehensive product buying services that currently provides services to a network of about 500 retail establishments. Annual sales exceed $15 million with EBIT of .023% or $350,000. The net effect of the combination is expected to increase revenues to $30 million within two (2) years and raise EBIT to .075% or $2,250,000. 2. The company is negotiating to acquire the business of Personal Consumer Services, Inc., (PCS), which operates two (2) profitable discount consumer membership clubs. Revenues exceed $4 million with EBIT of 12% or $480,000. Existing assets in the form of accounts receivable approximate $3 million. The effect of this combination will enable the Company to launch its consolidation plan within the existing 150 operators of similar clubs nationally. The company may create a franchise/distributor program to fuel its expansion as an alternative to public financing. Regards, Jeff