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To: Aubie who wrote (9010)3/11/1999 8:03:00 PM
From: hoffy  Respond to of 15987
 
Here's a summary of EDUV's conference call. It went very very well. I think they really have the investment community listening. With the website opening on monday this is an easy score.
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- 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