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To: Shell Searcher who wrote (164)4/15/1999 12:02:00 PM
From: Ga Bard  Respond to of 1101
 
1.) CyberQuest expects to generate in excess of $150 million dollars in product sales during 1999.

2.) As of April 9, 1999, there were approximately 21,275,332 shares outstanding. of which I have been informed there is only 500K in the float that explains it lack of liquidity

3.) Strategic Relationships: EDS. EDS represents a significant opportunity for CyberQuest. As the licensor of the core technology, EDS has a vested interest in CyberQuest's success. In addition, EDS is potentially a large customer as the original code
was developed for EDS' internal use.

4.) Portal Sites. Within its projected budget, CyberQuest will initiate discussions with major content providers (portal sites), such as America Online (AOL/Netscape), Excite, Lycos, Ziff Davis and ESPN. Bid4it was chosen as an Excite certified merchant in the spring of 1998. With the intent to build site traffic levels, management will use the pattern established by other high traffic commerce sites such as Amazon.com, Onsale and FirstAuction, among others. This may take the form of key words, links, banner ads, or some form of revenue sharing as demonstrated by AOL's interest in this area.

lot to read...

GB



To: Shell Searcher who wrote (164)4/15/1999 1:32:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 1101
 
Math On the Float.

Title of Class Name of Number of Shares
Beneficial Owner
Percent of Class(1)
Common Stock CyberQuest Ltd. 1,880,000 8.88%(2)
Common Stock Michael Sheriff 900,000 4.42% (2)
Common Stock Joseph Pipes 1,800,000 8.88% (2)
Common Stock Tony Benton 436,577 2.4%
Common Stock Greg Allen 436,577 2.4%
Common Stock Lynn Elliott 3,496,050 16.24%
Common Stock Cynthia Jared 3,496,050 16.24%
Common Stock R. Wayne Duke 3,496,050 16.24%
Common Stock Midland, Inc. 1,315,800 6.40%
Directors and Executive 3,653,114 17.25%Officers as a Group:
(1) Based on approximately 21,275,332 shares of common stock issued and
outstanding on April 9, 1999.


Total above is approx. 20.8M taken for the OS approx 21.2M = 500K in the float.

GB