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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Spark who wrote (13248)3/11/1999 8:16:00 PM
From: hoffy  Read Replies (1) | Respond to of 25711
 
Here are some notes from the EDUV conference call. Very Impressive. With the website opening on Monday this is almost a gimme to go up 50-100%.
=====================================================
- ENGLISH PRO 6.2 has been tested in Canada at 100 retail stores. Feedback that is outselling competitos 4 to 1 & 10 to 1. Is being considered #1 seller.
- Moving to US distribution starting in April - target 10k units in shelves.
- unaudited 4q 98y by early april
- Selection of top 5 auditor by next week
- fully reported by jun/jul 98
- outstanding share info current at website
- 98 Reveue <$100k project 99 revenue $1m from retail only
- Good potential for being in black by 1stQ
- contract signed w/ Nevark(sp) for distribution
- finalizing negotiations by April 1 with a major distributor.
- Contracts with Hong Kong, Australia, working with Thailand.
- Working for exclusive distributorship country by country; Prime target 32 countries - 20 are in negotiation,
- Looking towards China meeting in near future
- Dept of Education reviewing special edition and if acceptable goal is to provide as a FREE GIFT to all school districts.
Internet -
- working to link with portals in China & USA
- in discussion w/ major web portal
- working on pilot program that may lead to a agreement with major portal.
NASDAQ Listing
- working to be fully reported as quickly as possible - target by summer
- talking with investment banking looking at $5m near term & $20 mil sec offering by summer



To: Spark who wrote (13248)3/12/1999 9:08:00 AM
From: DoubleOddBuck  Read Replies (1) | Respond to of 25711
 
Morning all, Just going through the wire and this caught my eye, might be something to watch as things progress.

Applies to -- INEX

Intrex Inc. Announces a 25 for 1 Reverse Split With a $1,000,000 Initial Infusion

Intrex Inc. Announces a 25 for 1 Reverse Split With a $1,000,000
Initial Infusion

NEW YORK (March 12) BUSINESS WIRE -March 12, 1999--Today, a new
management team took control of Intrex Incorporated (OTC BB:INEXD), a
publicly traded Over the Counter Bulletin Board stock. As a first step,
the management team has restructured the company by effecting a 25 for
1 reverse split and an initial infusion of $1,000,000 in capital.
Intrex (INEXD) is in the processes of being reincorporated under the
laws of Nevada.

Intrex (INEXD) will focus on developing a specialized financial
website for use by accredited investors and institutions. Intrex is
planning to use the web to offer specialized products that satisfy the
needs of this client base. These products will be of a more interesting
nature than is currently available on this new medium.

The company will be headed by David M. Weiss who brings to the company
30+ years financial industry experience. Besides his extended brokerage
experience, Mr. Weiss is the author of several successful industry
textbooks. In addition to the new management team, the company is
forming a Board of Directors of equally qualified financial and
technical experts.

The company intends to comply with the National Association of
Securities Dealers' (NASD) most recent rulings as to the filing of Form
10SB which will make the company a reporting company.

Except for historical information contained herein, the matters set
forth in this news release are forward-looking statements.
Forward-looking statements involve certain risks and uncertainties that
could cause actual results to differ materially from expectations.

-0- et/ny*

CONTACT: Rubenstein Investor Relations, New York
 Richard Rubenstein, 212/843-9222

or
 Intrex Inc., New York

David Weiss, 212/742-9870

KEYWORD: NEW YORK NEVADA
 INDUSTRY KEYWORD: BANKING INTERACTIVE/MULTIMEDIA/INTERNET
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