SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : LCS Golf (LCSG) -- Ignore unavailable to you. Want to Upgrade?


To: Alex SvS who wrote (409)3/8/1999 9:12:00 PM
From: hookjock  Read Replies (2) | Respond to of 626
 
This just out from LCSG. Sounds like things are going along fine:

Dear LCS Shareholder -

LCS has traded up nicely over the last few weeks on a substantial increase in volume. We have been recommended by several stock pick services both in the U.S. and in Canada. I want it made crystal clear that these services are independant services and have received NO compensation for doing so. The stock is trading up on its own merit.

The company is progressing extremely well. The acquisition of Golf Promo, Inc. was a tremendous coup for the company. It will literally save the company millions of dollars in advertising and promotional fees. The database of 3.2 million golfers is invaluable to the company. We will be utilizing the database for our own marketing purposes as well as an outsourced tool for other golf companies. This is a great revenue generator for LCS. Upon becoming fully reporting, we will be disclosing and quantifying these revenue streams.

Mister B III is performing extremely well too. We expect to be making public announcement with specifics very soon.

We continue to have a myriad of significant corporate developments. I apologize for being vague, but for obvious reasons I have no choice. You will be hearing details very soon in the form of press releases.

The script for the Joe Namath informercial is currently being written. Hawthorne Direct (The informercial production company) is extremely enthusiastic about it. We are still on target for the April timeframe re: the informercial's airing. We will update the market with the specific dates and geographical spots for airing.

Finally, I have also been asked about the capital structure of the company and how the company's acquistions have effected it. Currently, there are a total of 8.7 million shares outstanding and 3.5 million shares in the float. The incremental increase of 2.5 million (over the 6.2 million shares ) shares are all restricted.

Oh yes, one more thing. I receive many phone calls and emails with suggestions re: the company, the web sites and ideas for the company. We welcome these ideas with open arms. Your input is very valuable to us. Please continue to offer any comments or suggestions you may have. They are all much appreciated.

Thanks,

Alon Kutai
LCS GOLF - investor relations
401-846-5212
itham@aol.com