To: Jeffrey L. Henken who wrote (1151 ) 3/28/1999 8:44:00 PM From: Jeffrey L. Henken Read Replies (1) | Respond to of 2662
The InvestRight Conference in Vegas went wonderfully well. Here is a very brief recap of the presentations:Golfer's Paradise First off we had Mike Nichols CEO of Golfer's Paradise. Golfer's Paradise is just about done with their fund raising efforts for a private placement. Golfer's Paradise hopes to become the premiere site selling a full range of golf products through e commerce. Award winning Exceed Communications is designing the e commerce site. Exceed is well known for their innovative programming but it's their ability to attract business to their sites that makes Exceed standout. Exceed Communications is responsible for designing one of the few profitable e commerce sites on the web, PC Flowers:exceedcommerce.com Mike Nichols is well known throughout the golf industry as Cowboy Mike. He already successfully markets an extensive line of golf related products and accessories through his Cowboy plastics business. Mike had to leave the meeting due to a golf show that he was attending. The e commerce site is a long way from done but it's never too early to do some due diligence so for those interested here is a glimpse at the Golfer's Paradise site:golfersparadise.com Next up was HouseHold Direct, RDIM John Folger and the entire HouseHold Direct management team got the meeting rolling by bringing investors up to date. HouseHold Direct, formerly RDI Marketing (RDIM), is currently consolidating the private wholesale buying club industry. HouseHold Direct.com e commerce solutions and Thunderstick Software will create a direct connection between thousands of manufacturers and millions of consumers. It will also allow members to comparison shop among multiple manufacturers and suppliers and provide live links for updated and current catalogue information. RDIM - OTC BB, has recently traded near .60. This would appear to be an incredible bargain for a investors as this company is moving rapidly toward it's stated goals. HouseHold Direct is currently acquiring profitable private wholesale buying clubs. The total membership of Household Direct is expected to reach 350,000 during the second quarter of 1999. In addition, the currently targeted acquisitions by HouseHold Direct also possess data records of over 1 million consumers who have received membership solicitations, and who are candidates for the remarketing efforts of Household Direct.com. Although currently in the demo mode only information on HouseHold Direct can be found at householddirect.com The backend of an e commerce site is where all the real work takes place. Alfred Werner is making tremendous progress where it really counts. RDIM investors need to realize that the company is focusing it's efforts on it's business plan, even with the e commerce site. It would be very easy for the company to put up graphically beautiful site. What RDIM needs however is a truly deep and absolutely effective e commerce site. It's my understanding that the site is due to be finished in earliest form sometime in the second quarter. I spoke with the entire management team of HouseHold Direct at length and came away feeling even better than I ever about the future for RDIM. RDIM is implementing their business plan well ahead of my own expectations. I know many of us have been disappointed that the stock price has yet to respond to the good news. Perhaps it's time to share the RDIM story with a few of our friends. - Then we heard from 1st Net Technologies, FNTT (OTC BB, recent price 5 29/32) . FNTT is an Internet commerce and services business, offering goods and services to Internet customers. The Company's specialty is creating websites for publicly traded companies to disseminate information to shareholders, brokers and other members of the investment community 1st Net is an Internet products company specializing in enabling core technologies. These breakthrough technologies support a new paradigm pioneered by 1st Net called ''Content Based Routing'' to control and monitor information, telephony and video services on a single platform. 1st Net also delivers innovative services for publicly traded companies, and high net worth investors. Services for publicly traded companies include Corporate Due diligence Web Sites, Custom Database Systems Management, Online I/R Road Shows and E-Marketing. Services for high net worth investors include: Online Financial information. Resources including Newsletters and Investment Opportunity profiling. News releases and other information on 1st Net Technologies Inc. can be accessed on the Internet at 1stnettech.com I believe there is some potential that FNTT and RDIM might be working together in the future. I base this on the fact John Folger was interviewed on a live radio broadcast on Friday in San Diego that lasted around one hour. FNTT has an extensive array of technologies but the company really shines when helping other companies to gain investor exposure. - Forward Technologies - The fourth presenting company was represented by Steve Nadroski, CEO of Forward Technologies and other members of his management team. Steve has extensive knowledge and experience in the field of IT consulting services. Forward Technologies is showing tremendous revenue growth to date and is ready to take their business to the next level by going public. Forward Technologies specializes in database and applications solutions featuring Oracle and Microsoft products. The company is an authorized reseller for Oracle, Microsoft, IBM and Compaq/Digital. Forward maintains a staff of full time consultants who are experienced in improving business with technology. The company also recruits and provides IT employees to clients. Forward Technologies was looking to find private placement investment funding and I believe they will have great success. - The Final Presentation was a Deep Sea Oil and Gas Drilling Opportunity - The last presentation was made by Bryon M Wixom President of International Petroleum and Exploration Corporation. Bryon and Dan Frantzen of Tolar Oil Corporation shared their insight on an exciting deep drilling venture in Louisiana, with major oil and gas reserve potential. I think these guys may have found a very real opportunity for investors at a time when the oil and gas market could be staged for a major upturn.