SI
SI
discoversearch

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.
Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (5811)4/7/1999 9:44:00 PM
From: Dave Gore  Read Replies (2) | Respond to of 52051
 
PART 2 of GTMI REPORT...remember the company projected $16M in monthly profits today. Stock is misunderstood and still 27 cents, it's a re-invented company now, as of March 29th. People are not picking up on that yet.

Here's just the "meaty" portion of the March 29th PR, which led up to the PR today:

ATLANTA--(BUSINESS WIRE)--March 29, 1999--Global Telemedia International
Inc. (OTC Bulletin Board: GTMI-News; "GTMI") today announced that it has closed
its acquisition of Bentley House Furniture Company, Inc. ("BHFC") with the delivery of
99.8% of BHFC stock in escrow.

GTMI anticipates receipt of the delivery of the balance of the BHFC stock from
BHFC's minority stockholders in the near future.

BHFC is a Philippine Holding Company with interests in:
telecommunications, agriculture, mining, timber export and furniture manufacturing.
BHFC also has a 50% equity in BHTC Sdn. Bhd., its Brunei subsidiary timber
marketing and furniture distribution company.

"Other, Operations, Contracts and Projects include:

-- Joint ventures with contracts for construction of government employee homes. These
include the National Police, Armed Forces of the Philippines and the Department of
Interior and Local Government.
Construction and will commence during the second quarter of 1999. The Government
has certified the issuance of US$14 million dollars in bonds to cover the first portion of
the construction costs. The houses
will be constructed on BHFC's properties, which are subdivided. Construction permits
have been issued
on over 20,000 housing lots.

-- Contracts with San Antonio Housing Systems & Technology Inc. and Canadian
Company, Monterey Corporation through their Philippine Corporation Integrated
Philcan Inc. Both companies build rapid
construction modular housing, have factories in the Philippines, and are fully licensed and
accredited with the Philippine Government.

-- Pending contracts with hotels specifically being constructed for the 2000 Olympics.
These are located in Tagayay, Manila, Redfern in Sydney, with other condo-tels and
boutique hotels which are completed in Makati City are awaiting BHFC's New York
Designer to submit final renderings and layouts.

Global Telemedia International Inc. (GTMI) is a full-service communications company
focusing on international communications networking in emerging countries. The
company holds the necessary
certificates of conveyance with applicable public service communications in the
continental United States as well as an international carrier license. The company is also
drafting a telecommunications agreement with An Australian Company to Joint Venture
and expand their operations in the BIMP-EAGA countries
(Brunei, Indonesia, Malaysia & Philippines) that have combined populations of over
400 million people.

The statements contained in this release may contain forward-looking statements relating
to such matters
as anticipated financial performance, business prospects, technological developments,
new products,
research and development activities and similar matters. The Private Securities Reform
Act of 1995
provides a safe harbor for forward-looking statements. In order to comply with the
terms of the safe harbor,
the Company notes that a variety of factors could cause the Company's actual results to
differ materially
from the anticipated results of other expenditures expressed in the Company's
forward-looking
statements.

CONTACT: Mark Wachs & assoc. (for GTMI)
Mark Wachs, 212/832-2800



To: Stock Watcher who wrote (5811)4/7/1999 11:05:00 PM
From: Boolish  Read Replies (1) | Respond to of 52051
 
Stockwatcher take a peak....ADSN is on the second stockwatcher index.

First Quarter results just released!

Barry
=======================================================

ADVANCED SYSTEMS INTERNATIONAL ANNOUNCES
RESULTS FOR Q1 1999

Southfield, MI - April 07, 1999 - Advanced Systems International (ASI)
(OTCBB: ADSN), a leading provider of enterprise software solutions, reported today
the unaudited financial results for the first quarter ended March 31,1999.

First quarter 1999 revenues increased more than 460% to $1,762,260 compared to
$313,016 for the same period in 1998. Net earnings for the quarter were $306,630
($0.03 per share) compared to a net loss of $327,500 ($0.04 per share) in 1998.

Gerry Pesut, President and CEO of ASI stated, "Revenue and earnings
surpassed our Q1 plan confirming that ASI has entered a significant growth phase. Our
customers are increasing their labor efficiencies and realizing significant value with our
solutions. We have extended our product line to include a powerful data distribution and
access (DDA) application that will dramatically reduce implementation cycles and costs
for the large ERP market. With industry leading products, ASI's multi-plant installation
backlog at our Fortune 1000 Customer base, and in-process sales opportunities we
expect to continue this rapid growth."

Howard H. Tarnoff, Vice President of Sales and Marketing commented "Our
deployment of well trained Account Executives in the Southeast and South Central
regions positions us well for opportunities outside of the markets currently served. The
paper, pharmaceutical, and furniture industries are examples of new venues for ASI
offerings in the remaining quarters of 1999."

Advanced Systems International is a leading supplier of time and attendance and labor
allocation applications, as well as data distribution and access (DDA) solutions for the
Enterprise Resource Planning (ERP) environment. ASI's cost effective, comprehensive
product offering includes the application software, hardware, implementation services
and on-going support necessary for rapid deployment of enterprise-wide distributed
processing. Key markets include automotive, automotive supply, packaged goods,
pharmaceuticals, food processing and other manufacturing industries.

Investor Relations:
Quentin Mai
Telephone: (248) 263-0000
Toll Free: (888) 399-7000
www.advsysintl.com
qmai@advsysintl.com

Any statements contained in this release that relate to future plans, events or
performance are forward-looking statements that involve risks and uncertainties,
including but not limited to, risks of product non-approval or product development and
market acceptance risks, the impact of competitive products and pricing, the results of
current and future licensing and other collaborative relationships, the results of financing
efforts, developments regarding intellectual property rights and litigation, and other risks
identified in the Company's informational documents provided to brokers pursuant to
SEC Rule 15c2-11. Actual results, events or performance may differ materially.
Readers are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof. The Company undertakes no obligation to
release publicly the results of any revisions to these forward-looking statements that may
be made to reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events.

Quentin Mai
1-888-399-7000 Ext. 107
qmai@advsysintl.com