To: wiley murray who wrote (25 ) 1/17/1999 10:30:00 PM From: Whiskeyj Read Replies (1) | Respond to
JVWEB (JVWB) OTC BB.....Low Float..High Potential.....
JVWB could be the next hi-flyer in the internet sector. The stock should be listed on Germany's DAX index this week, along with some expected news releases, this stock could explode to the upside very soon. Do your own D/D on this, I have provided some info and links below to provide some basic info.
Company President of JVWeb "Greg Micek" has arrived in England and has
held meetings this past weekend with Heitmann-Sac (H-S). The intent of
these meetings are to finalize a joint venture between the two
companies. H-S is a German company that specializes in creating and
setting up web sites using cutting edge, voice recognition technology.
H-S can set up a custom website in as little as 6 hours, and within 24
hours can have a fully functional website for your business that uses
voice recognition technology which is able to understand and translate
28 different languages. JVWeb will be the marketing branch for this
venture in the USA. JVWeb and H-S will set up a joint venture to target
a special area of the Internet where they will set up, market and sell
e-commerce websites to companies doing between $10 - $50 million a year
in business. Voice recognition technology is on the cutting edge, and
will soon make the PC "mouse" obsolete. MCI presently owns 12% of H-S.
Another German company, Lernout-Hauspie (LHSPF) NASD, will aquire H-S in
a buyout later this week. This will throw some serious financial backing
to this joint venture. LHSPF trades on NASD at about $35 per share, with
a 52-week high of about $62. They must be aware of the proposed joint
venture, and approve of it as they are waiting until later in the week
to make the aquisition of H-S. JVWeb has 7,200,000 shares issued and
outstanding, with the company owning 90% of the shares. There are ONLY
366,000 shares in the public float! On Dec. 3rd, only 200 shares were
traded all day. Then one day later, there were over 200,000 shares
traded -- someone must know something to cause this large difference!
Announcement of the joint venture should be sometime this week, and the
announcement of the aquisition of H-S by LHSPF by Thursday or Friday. If
you decide to invest in JVWeb, do your own due diligence, this is NOT a
recommendation to buy or sell this stock and is for informational
purposes only.
JVWeb's internet commerce site is store.dadandme.com
For a JVWeb current corporate profile see jvweb.com
familylifestyle.com
GOOD LUCK>>>>>>>>> John
