To: judge who wrote (223 ) 12/23/1998 1:09:00 PM From: Dave Gore Read Replies (2) | Respond to of 2994
RDIM 2-day chart shows it may have bottomed; PR firm top notch; for those willing to hold longer term this could be a huge winner; for DT's I don't think you will have that much success. This reminds me of WINR at 40 cents; 6-9 months out you have $3.00 if they execute. Good Luck, DAVE FOUND ON YAHOO: I received an investment packet last week which included the following information on the American's Home Town Brand Center and Personal Consumer Services acquisitions. This is dated November 13, 1998: 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. *** As per last news release, RDIM has bough AHBC !!!