Received this email on Mar. 6..(I trashed it without reading-but remembered it was in the trash bin) Note the bold at bottom...just thought you should be aware..Email was received from Stockwatch, don't know about other promoters/consultants(but it appears Taylor Stuart also has a vested interest,noted at the bottom of their release)...DD
PS: I should have bought it when I got the email<g> it was a buck!!
LCS Golf Inc
Fri 5 Mar 99
RESEARCH INVESTMENT GROUP ANNOUNCES:
A significantly undervalued e-commerce / Internet portal company:
LCS-Golf has 9.5 million shares outstanding, US$20 million in estimated
fiscal 1999 revenues, yet trades at less than US$1 per share !!
LCS-Golf also owns a database with information on over 3.2 million golfers.
LCS-GOLF, INC. (OTC BB: LCSG)
24 East 12th Street New York, New York 10003
Phone: (212) 929 - 3376 * Fax: (212) 229 - 2349
Website: lcsgolf.com
Could LCSG be the next Amazon.com of the golf industry !!
Company Profile
LCS-Golf, Inc. (OTC BB: LCSG) is a holding company specializing in the
acquisition and subsequent management of companies offering both products
and services to the golf-playing public. Since going public in mid-1998,
LCS-Golf has been aggressively acquiring undervalued golf-related companies
that possess unique and profitable niche positions in their respective
markets. Today, LCSG is the premiere golf portal on the Internet.
LCS-Golf currently has 9.5 million shares outstanding, with a float of
about 4.2 million. The stock is presently trading at about US$0.90 per
share.
With its new e-commerce capabilities (including a strategic alliance with
Amazon.com), LCS-Golf is estimating revenues of US$20 million for fiscal
1999. The company's websites provide a solid base, and the executives of
LCSG are quickly developing an infrastructure for major and diverse streams
of revenues.
Football legend Joe Namath has been hired as a spokesman for the company's
therapeutic sports magnet products, and he will soon begin appearing in a
series of infomercials airing coast-to-coast, marketing LCSG's therapeutic
sports magnet products.
Recent LCSG acquisitions include the well-known GolfUniverse.com e-commerce
site, Mister "B" III (therapeutic sports magnet products), PlayGolfNow.com
- the leading provider of discounted golf services and products, and
GolfPromo, Inc., an Internet direct marketing company with a database of
3.2 million golfers and over one million e-mail addresses. Specifics on
each of LCS-Golf's four wholly-owned subsidiaries are as follows:
GolfUniverse.com
GolfUniverse.com (http://www.GolfUniverse.com) is the Internet's premier
golf information center. The depth of product and service offerings at this
e-commerce site are unparalleled - all the major equipment manufacturers,
apparel designers and virtually every imaginable golf-related product and
service (over 1,800 categories at last count!) are available for viewing
and purchase instantaneously from the comfort of one's home or office. They
also have a database with complete information on over 24,000 golf courses
around the world!
GolfUniverse.com is currently averaging 20,000 hits per day !!
What makes this site so attractive to visitors? Information, entertainment
value and one-stop shopping convenience!
GolfUniverse.com's revenues will be derived from two main areas:
advertising and product sales. Advertisers are attracted to this very
popular site because of the in-depth, value-added practical information
content, and management's ongoing efforts to significantly increase the
flow of traffic onto the GolfUniverse.com site from the current 20,000 hits
per day. The Golf Universe Cyber Mall is an on-line virtual store where
visitors can purchase a vast array of golf products from different
companies; GolfUniverse.com is not burdened with the costs and logistics of
managing inventory - rather, just like Amazon.com, it offers other
companies products, and shares in the revenues generated by each sale.
PlayGolfNow.com
Acquired in January 1999, this LCSG subsidiary is the Internet's leading
provider of discounted golf services and products. PlayGolfNow.com
pioneered Internet-based golf services, maintains a strategic alliance with
Amazon.com.
Through its unique membership program, PlayGolfNow.com
(http://www.PlayGolfNow.com) offers golfers worldwide access to course
previews, discounted greens fees at over 2,000 golf courses and 400 driving
ranges, and a wide range of other services from the world's leading golf
and travel companies. PlayGolfNow.com also provides a monthly newsletter to
150,000 Internet-based subscribers.
Mister "B" III, Inc.
Mr. "B" III, Inc. is a Florida-based company that develops, manufacturers
and distributes therapeutic sports magnet products. The firm also produces
and distributes other lines of consumer products such as microwaveable
heating pads, children's novelty products and houseware items. Mr. "B" III
has an extensive and distinguished nation-wide customer base, including:
Target, Wal-Mart, J.C. Penny, Montgomery Ward, and the GolfUniverse.com
website. Sales for fiscal 1999 are estimated at over US$6 million
(traditional retail sites only).
LCS-Golf sees the sports therapeutics market as a burgeoning growth
industry with tremendous potential, and the company has some very
aggressive plans for expanding Mr. "B" III's business with existing
customers, garnering new customers and fulfilling new product demand from
"infomercials".
In support of these goals, football legend Joe Namath has enthusiastically
accepted the role of national spokesperson for Mr. "B" III. Joe will be
endorsing the company's line of therapeutic magnet products in a series of
infomercials scheduled to begin airing nationwide in April 1999. (LCSG
estimates that these infomercials will generate an additional US$7 million
in revenues during 1999!).
Golf Promo, Inc.
The most-recent acquisition by LCSG, Golf Promo Inc. is a Naples,
Florida-based Internet direct marketing company with a database of 3.2
million golfers. Golf Promo also maintains databases of individuals
associated with the travel, healthcare and investment industries.
The acquisition of Golf Promo will allow LCS-Golf to target specific groups
of high net worth consumers and investors - both for direct-marketing of
specific GolfUniverse.com, PlayGolfNow.com and Mr. "B" III products and
services, in addition to being able to lease these databases to other
companies (for a sizable fee) wishing to target market their own products
and services.
Why You Should Consider Investing in the Stock
Unlike so many high-profile Internet and high tech stocks, LCS-Golf could
generate the earnings and cash flow to justify much higher valuations than
the market is currently awarding it. This is a well-managed company that
knows how to use the Internet as both a marketing and an e-commerce tool.
We see a lot of blue sky on the revenue side. Fiscal 1999 estimates of
US$20 million do not include any revenues that can be generated by
GolfPromo's database of 3.2 million golfers. More importantly, LCSG's
estimated 1999 revenues from Mr. "B" III include only about US$7 million in
revenues from the Joe Namath series of infomercials, a figure that may be
too conservative for those of us who remember the Ginsu Knives infomercials
which generated sales of US$100 million per year.
During 1999, we expect to see LCSG shift to a full NASDAQ listing (in
addition to becoming a fully-reporting company), which will provide further
exposure, and access to institutional funding and analyst coverage.
For readers interested in a discussion of future earnings and projected
trading prices of LCSG, an independent research report prepared can be
viewed at: smallcapforum.com.
For more information, please contact:
Alon D. Kutai - Investor Relations
Phone: (401) 846 - 5212
Disclaimer
RESEARCH INVESTMENT GROUP is not a Registered Investment Advisor or a
Broker / Dealer.
This electronic communication reflects opinions from LCS-Golf, Inc. (the
"Company"). Readers are advised that this publication is issued solely for
information purposes and is not to be construed as an offer to sell or the
solicitation of an offer to buy. The opinions and analysis included herein
are based on sources believed to be reliable and in good faith but no
representation or warranty, expressed or implied, is made as to their
accuracy, completeness or correctness. This information is not intended to
be used as the sole basis of any investment decisions, nor should it be
construed as advice designed to meet the investment needs of any particular
investor.
The foregoing discussion contains forward-looking statements which are
based on current expectations and differences can be expected. The
information contained herein has been provided by the Company to RESEARCH
INVESTMENT GROUP for information purposes only; in addition, the
information contained in this report is not intended to be a complete
discussion of information regarding some of the current and/or intended
business activities of the Company. Readers are urged to consult with
independent financial advisors with respect to an investment in the shares
mentioned herein. Investors should review a complete information package on
LCS-Golf which should include, but not be limited to, the Company's annual
report, quarterly report, press releases, as well as all regulatory
filings. All information contained in this report should be independently
verified with the Company mentioned herein. Any opinions expressed in this
report are statements of judgment as of the date of publication and are
subject to change without further notice, and may not necessarily be
reprinted in future publications or elsewhere. Neither RESEARCH INVESTMENT
GROUP nor its officers, directors, partners or employees / consultants
accept no liability whatsoever for any direct or consequential loss arising
from any use of this report or its contents.
In order to be in full compliance with the Securities Act of 1933, Section
17(b), Research Investment Group advises the readers of this document that
it has received a fee of 25,000 common shares of the Company as
compensation for its efforts in researching, writing, presenting and
disseminating the information contained herein. Prior to RESEARCH
INVESTMENT GROUP disseminating this information, the Company reviewed and
approved the contents hereof. RESEARCH INVESTMENT GROUP, its officers,
directors, partners and employees / consultants may profit in the event the
shares of the Company increase in value. These positions may be liquidated
from time to time even after RESEARCH INVESTMENT GROUP, its officers,
directors, partners and employees / consultants have made positive comments
on the Company.
THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE
INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS
SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We encourage the reader to review the investing information available with
the Securities and Exchange Commission ("SEC") at sec.gov and/or
the National Association of Securities Dealers ("NASD") at
nasdr.com. The NASD has published information on how to invest
carefully at its website. LCS-Golf has filed a Form # 10 with the SEC. Upon
approval, LCS-Golf will be a fully-reporting company. The process is
expected to be completed by April 1999, at which time, readers can review
all public filings (including financial information) will be available at
the SEC's EDGAR page.
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