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Microcap & Penny Stocks : Entertainment Digital Network OTCBB: EDNT -- Ignore unavailable to you. Want to Upgrade?


To: The Tower who wrote (77)4/13/1999 1:42:00 AM
From: R Stevens  Respond to of 101
 
EDnet Inc ... The Gold Nugget inside of Visual Data Corp.

Most of Visual Data's revenue comes from it's ownership of EDnet

From the Feb 17, 1999 Quarterly report:
Visual Data recognized revenue of $1,104,065 during the first quarter of fiscal 1999, representing an increase of $989,309 over revenues of $105,756 for the same period in fiscal 1998. Revenues from EDnet
accounted for $1,027,558 of the $1,104,065.


EDnet is planning for "continued growth of its core audio networking business and the aggressive introduction of its video networking services in the Spring of 1999."

Visual Data Corporation (http://www.vdat.com) produces, markets and distributes original video and audio content for the Internet. Through its subsidiary EDnet, Inc. (Nasdaq: DNET), Visual Data has established relationships throughout the motion picture and recording industries.

biz.yahoo.com