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Microcap & Penny Stocks : Wrapsters, Inc (OTC BB: WRAP) Corp. Profile and Discussion -- Ignore unavailable to you. Want to Upgrade?


To: PatiBob who wrote (7)2/2/1999 4:37:00 PM
From: puzzlecraft  Read Replies (1) | Respond to of 51
 
The word "wrap" is generic, anyone can use it. The name of this company is "Wrapster's", not the "Wraps" you saw in Houston. I've seen a World Wraps and Rocket Wrapps in San Diego... and the local World Wraps has already failed after less than a year.

The question is can Wrapster's develop a franchise with a compelling formula to become a national brand? It will be tough. Given their management, I think they have as good a chance as any of them.

John



To: PatiBob who wrote (7)2/3/1999 10:59:00 AM
From: WRAP_IR  Read Replies (2) | Respond to of 51
 
PB - Thanks for your posts.

Again, competing concepts can generally be perceived as a positive – there are many successful burger / pizza / Mexican / chicken / ice cream etc. concepts in the country.

The name Wrap is generic and would not intrude on another trademark

Let competitors build. As time goes on, poorly run, under financed operations will close their doors or be forced to sell at bargain prices. As the concept gains momentum, so will a well orchestrated franchising campaign. As saturation sets in – consolidation begins. The strong become industry leaders. You can see the same thing happening in Internet Service Providers. Large companies with national presence are the only ones that will be around, and they are gobbling up market share by acquiring small local ISP's. Then – two big national ISP's merge creating industry leaders.

The same will happen in this concept as it has in almost every other industry. This company (and its underlying stock) will not be built in a day. There will be triumphs and setbacks. It is management that wakes up early and goes to bed late day after day that will eventually build a company that works, that makes money, and then, hopefully – the shareholders are well rewarded.

It is very important to note that every investor needs to perform due diligence prior to investing in any company. Check them out, talk to people, and ask questions. We are their Investor relations firm for the next twelve months. We have been paid to do this job in the form of free trading stock, leaving the company with as much cash as possible to run their business (details available on the corporate profile – the 1st post on this thread). If you have any questions, please feel free to call us at any time 407-658-7760.