Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?

To: RICE who wrote (208)	3/17/1999 9:26:00 PM
From: Daniel Miller	Read Replies (1) \| Respond to of 4128

Newsletter - ABFG report. stocks - angelfire.com Report # 1 ABFG American Benefits Group (OTC BB:ABFG) Ever go to a mall and spend half an hour to find a parking space? Then when you do it is about a mile away from the mall and it takes you another 10 minutes to walk to the mall. But the worst is yet to come. You wait 30 minutes for a store clerk to help you, and when he finally does and you choose what you want, you find out the line is a 4 hour wait? Well, there is finally a company who is going to solve that problem. Many people have been taking advantage of e-commerce in the last couple of months. People are now able to shop at home for everything from groceries to books. But there is yet to be a site that brings you the same atmosphere as a mall. Until now… American Benefits Group has produced a site at rodeoisland.com . They started off a few years back mining gems in Madagascar, but decided that they can expand on that idea. They have 2 ways they bring in money. First they get money whenever they merge, or acquire a company. They get money from the products that they sell. Second they also bring in money through the gems. The book value of the company is expected to be about .53 but with the gems it should be about 1.50. But many people enjoy going to the mall. You get to walk through the halls and look at windows etc… Well, they are bringing the atmosphere to you. It is all in 3d! Like walking through an actual mall. Jerry G. Mikolajczyk, president of ABFG, plans to have acquired over 100 different companies by the year 2005 and bring in a total revenue of about $776 million. They are even in the works of making alliances with big names such as Amazon (Nasdaq: AMZN). They are planning on releasing approximately 1-2 news article a week for awhile. They are currently in the works of finishing up their audited numbers and they should be available in about 45 days. They are expecting of having earnings of about 45¢ a share. That is extraordinary, compared to other e-commerce sites such as Amazon. Why is the share price so low? Many shorters have been aboard ABFG since about 6. They look as though they are getting ready to cover at about .50 or so. When that happens we could see a big bounce. Considering the float is only about 2 million. The site was taken down after the first few hours of their debut due to the amount of people who were visiting the site. They are working on expanding their bandwidth and it should be up again soon. They are hoping to bring in over 1 million it's a day as soon as they start getting settled. Making it into an excellent buyout position for big companies. Kelly Kellner, once a shareholder who bought several hundred thousands of shares at about 2.5 and liked the company so much he became part of the IR, will be making several Television appearance to promote the company. There is also a major e-commerce meeting being held soon and he was asked to be a speaker. That should increase the popularity greatly with the e-commerce world and sign up many more stores. Also they are expecting some big buyers coming this week. I think this company is an excellent long-term pick. Please do NOT turn this into a short term play. This company has got some real potential. For more information contact Kelly Kellner at 1-888-533-4555. Tell him where you heard about it too. He is a very friendly guy. Again, please do your own DD. -------------------------------------------- ***************************************** Report # 2 - Written by RICE from SI. Keep in mind they are aware that MM's are shorting stock and they are going to have to let go soon with all of the positive info that will be flowing not to mention buying. - Float is 3.2 million - Principals of company have close to 6 million dollars of their own money invested in the company. They have just invested close to a quarter million dollars on their web page. - February revenue was strong and highly profitable. They will be fully reporting in 45 days and are in the process of doing so. - There will be very strong announcements in the next days to come. Strategic alliances should be part of it. They are currently in talks with Amazon.com. Amazon also reccommended they speak at a conference coming up in San Francisco which would provide the company with incredible exposure. - Kelly will be doing a TV show in LA April 1st on emerging growth ompanies in which ABFG will be one of them. Along with this, they will be doing a full out media blitz, including TV, Radio and print campaigns. - Their goal is to be listed on the AMEX by the end of July. - There are a total of 72 employees on the ABFG payroll. - Markups are very high on all products. For example the earrings on special on front page are selling for $119 and they profit $ 90 of it. Lots of profit. =================================================================== The above is exactly what Mr. Kellner has told me. He is very approachable and he answered all my questions. I urge everyone to do their own DD and call him if you have any questions. IMO this company is a steal at these prices and are headed way up. Daniel you say 1.00 in the next couple of weeks and 2-3 in the next month or two. After this conversation I think you are right on the mark. rodeoisland.com -------------------------------------------------- ******************************************** ------------------------------------------------ Report # 3 There is undoubtedly a major operation going on right now as we speak. They produce the gems that they sell through the mall. he said they are turning good revenues right now. There is 72 people working there on 3 month intervals. They have a charter out of Johannesburg to the mines on a C-160 which is a heavy duty plane for equipment and crew. He said they are listed with the Madagascarion Embassy in the Department of Mines. Amother exciting tidbit. They just purchased a SAT system for 40k US where they will have real time mining 10 minutes a day live over the internet on their webpage. This will be up in about 90 days. Mr Kellener and the president are in LA today to do some promoting and should be back Monday. Like I said before I am quoting what the company has told me and urge everyone to perform their own DD and call the company. they will confirm all of the above. Phone : 1 888 533 4555 --------------------------------------------------- *********************************************** --------------------------------------------- Report # 5 I asked about brand names and they said that they have been working with some but can't disclose names. They are making great progress with them... They are planning on geting some stores that sell computers online, sportswear, etc... They are using shockwave/flash technology. This technology is quite impressive... You can play some games using that technology at shockrave.com. You can see the quality of the technology. They are also trying to get the attention of instituional buyers. Holding meetings with them etc... Intel currently does not sell computers over the internet. If ABFG can convince them of the profits they can get through selling products over the internet they may be able to get them to be part of their site. That would be amazing. There will probibly be news tomorrow on more acquisitions of co.s to be added to the site... The Gem store has been getting a big response recently. He assured me of the mines in Madagascar. To verify this I did a little internet research... Here are other sites offering mined products from Madagascar. pennminerals.com minresco.com mbendi.co.za Sorry about that it was not sorted real well... BTW (By the WAy) IMO - In my opinion. -Daniel Miller News should be coming tomorrow.