To: christopher who wrote (370 ) 3/19/1999 9:24:00 PM From: Amy888 Read Replies (3) | Respond to of 1522
To All share holder on TLWN I........ Have spoken to Mr. D. Jones president of TLWN, who has been very cooperative and informative. I received the following information from him. He has also faxed me 6 pages of his company profile. 1/. On the manufacturing side, being their products are seasonal. Therefore, the total number of employees is fluctuated. They have very minimum permanent employees on the manufacturing side. 2/. Their marketing job is done through Steve Frost at MASS. Tel:978 887 3472 3/. According to the fax I received, following is the major abstract which could be interesting to you: a/. Transfer Agent: OTR Stock Transfer contact Gina Beckett tel 503 225-0375 b/. The stock went public at 1989 but not an IPO as they purchase a public shell. No S-8 stocks. Some 144 stocks coming due soon. (Don't have the exact amount due no stockholder's list was attached). c/. Insider own 6,000,000 share d/. some long term debt apx $700,000. e/. Next earning due 3/31/99. the form 10 will be finalized during first Q of 99 with the audited statements as of 12/31/98 included. f/. 52 week high/low: $0.625/$0.18 g/.EPS for 1999 will $.034 $0.10 for 2000 and $0.233 for 2001 h/.Direct marketing through TV has begun with 100,000 thirty and sixty seconds spots on national networks such as TNT ESPN TNN and USA among others. i/. New acquisition - Purity Home Products. Biopure Copr is still on DD stage. The acquisition is expected to be completed by May 1 and will be made through TAL"S wholly owned subsidiary Purity Home Products Inc. Tal will be paying $250,000 in cash and 750,000 share of its common stock for the assets of biopure. j/. TAL financial objectives as it relates to the acquisition of the assets of the Biopure - Payback period of under three years. - Positive cash flow from inception - Immediate profitability. Hope the information will be helpful to all the investors on TLWN