Here is a new years message from the CEO that might help:
I don't know about your $20-30. projections (doubtful in my opinion), but here is what the CEO had to say. Thanks to John Jacobs for the original paste.
Here goes:
Happy New Year to all AESI Partners
January 1, 1999 is a perfect time and opportunity for me to take a few moments to reflect upon American Enterprise Solutions, Inc. (AESI) and its plans and goals for 1999 with you, our shareholders, investment bankers and associates, board members, professionals and all of our great staff (our partners).
As we watch the close of 1998 and look to the beginning of 1999, we expect that in the first quarter AESI will file its public offering. This offering will include any capital and/or debt offering (if any) and reflect our acquisitions and mergers (completed and pending) of high quality and profitable healthcare providers and service companies that are well positioned for growth and replication. Our acquisition and merger (A&M) activities include several public companies (previously announced) and one or more soon to be announced, as well as several private companies.
This now allows AESI to forecast its 1999 projections. As we all know, many variables, events and unknown circumstances can and generally do change the outcomes from the projections. We will, of course, keep you informed on a timely basis with current and accurate information as soon as it is legally available. At this time, we need to give you the 1999 projections in a range. This is due to the uncertainty of all A&Ms closing by the time we complete the filing with the SEC, or any other unforeseen events. Therefore, AESI believes that the following projections for1999 are possible:
 Annual revenues will be between $60M and $100M
 EBITDA of $7M and $12M
 After tax earnings of $4M and $7M.
 National NASDAQ listing
 National market representation
 1000 plus staff members
 Four to six thousand shareholders
 The introduction of an international healthcare multi-media internet/intranet link and exchange
AESI Vision
AESI's vision is to create a new paradigm in the delivery of healthcare, by designing, developing, implementing and managing community health enterprises, consisting of “Health Centers of Excellence” which provide the highest quality of continuum care, from a couple first planning a family, to all of life's healthcare needs and “WellFirst.com”, AESI's proprietary technology multi-media, internet/intranet, international healthcare information network which operates in each community and inter-links with all other friendly community networks and the world healthcare trading partners.
The introduction of WellFirst.com, will not only allow AESI, but the whole healthcare industry, to fully use for the first time, advanced communication technologies which many other industries utilize, such as travel, retail, banking and stock markets. Our goal is a reduction in costs, errors and duplications while improving quality and outcomes. WellFirst.com is not just a fancy Internet site, but a vast multi-media computer network, moving all forms of information including x-rays, CATscans, health records, financial information and teleconferences. WellFirst.com links the patient/consumer to doctors, hospitals, pharmacies, labs and other providers and to the employers, managed care and insurance companies, and to city, county, state and federal governments.
AESI has partners in the development of WellFirst.com, including major international communication firms, advanced Internet/Intranet software, hardware, consulting and other technology companies. It will debut its first center in concert with Health Centers of Excellence's first community health enterprise in Tampa, Florida in the beginning of the second half of 1999, with several government agencies, employers, managed care firms and over 500 providers and 50,000 patient/consumer/employees at the beginning. It will shortly thereafter, in concert with Health Centers of Excellence, introduce WellFirst.com in Miami, Ft. Lauderdale, Jacksonville, and Orlando, Florida. AESI will continue to develop other locations throughout the United States.
AESI recognizes that it will need to continue its search to acquire healthcare companies that can enhance its ability to develop Health Centers of Excellence and its WellFirst.com networks and to this end will continue to actively pursue developing its current companies while it searches for new opportunities.
The Health Centers of Excellence and WellFirst.com (the community healthcare enterprise) can and will create a new paradigm in our healthcare system, one that will re-empower the patient/consumers and their doctors in the decision process. The system that utilizes the long established physician and provider referral networks that operate in every community has over the last ten plus years been disrupted by our country's attempt to bring healthcare costs under control. Our paradigm will allow the industry to better manage its systems and costs while remaining private and profitable. We plan to give the public back their empowerment to mange their own health with their providers, while maintaining the control over their healthcare health records and have them available to them anywhere in the world when, and if, they need them quickly.
AESI has a strong commitment and obligation to its shareholders to provide a good return on their investment and to continue to improve the liquidity of their investment. Therefore, AESI will be introducing a franchise roll-up and passive investor program that we believe, if successful, will allow us to further back this commitment. We will be addressing this more in the near future.
To your health and success in 1999!
Yours Truly,
Chuck Broes
C.E.O.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission.
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