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

To: Frank Buck who wrote (469)	1/5/1999 12:15:00 AM
From: Andrew H	Read Replies (1) \| Respond to of 2994

Frank, PCN is a private wholesale consumer group with about 50,000 members. It is neither of the organizations you thought it might be. PCN is described at the following url, BUT it is being hyped. They have 50K, not 500K members. techstocks.com

To: Frank Buck who wrote (469)	1/5/1999 12:31:00 AM
From: Dave Dalry	Respond to of 2994

Frank, in doing research with others on this company, probable RDIM acquisitions would be: 1.) The acquisition of Preferred Consumer Network International, a family buying service could come very soon as this is an operating subsidiary of the company. The Company enables the individual customer to buy direct from manufacturers and distributors rather than from retail stores and wholesale outlets in order to save thousands of dollars on durable goods purchases. Manufacturers will not sell directly to the general public, viewing the individual consumer as a small buying unit compared to retailer and distributor volume buying channels. Through the ongoing sale of individual memberships and the continual conversion or acquisition of existing membership organizations, Preferred Consumer Network International combines the purchasing power directly to the manufacturer of literally thousands of members of families and channels. The members are seen as a very large source of buying power - much like that of a retail network. With the ability to buy direct from manufacturers and distributors rather than retailers, members are entitled to purchase most items for, in, and around the home at COST -- the same price that the retail store pays for the same merchandise, rather than retail -- the price that the store marks up the merchandise in order to make their profit even with discounts, sales and other incentives. 2.) 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. 3.) 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. Hope this answers your questions about PCN and others.. Dave