>>E, what was that about...Short-Term ACCUMULATE under $US 0.75/share, HOLD?
perhaps this [also] will make things clearer...
Dear Alpha Software customer:
Alpha Software is excited to announce through a special arrangement
with XOOM.com, we can offer the XOOM.com Web Site Templates 250! This
is the best tool for getting your web site up and running in no time.
XOOM.com developed 250 full-blown web sites you can use right out of
the box or customize them for your own personal look! PLUS, you'll
get thousands of brand-new clip art images from XOOM.com!
XOOM.com is offering the XOOM.com Web Site Templates 250 to the public
from their web site for $79.95 and for members it will be $49.95.
Today, through this special email offer, we can offer this to you,
Alpha Software customers for only $29.95. That's a savings of over
60% off of their web pricing and an extra $20 off of regular XOOM.com
member pricing. Hurry, this offer is good through May 19, 1999.
To order or for more information on this offer visit this secret
Alpha Software URL:
orders.xoom.com
************************************************************
Check out these features:
EACH WEB SITE CONSISTS OF 19 THEMED PAGES AND AN EMAIL
BUTTON!
*Use the Home Page to type in your very own welcome message.
*Use the Products and Services page for information related to
something you may offer.
*Use the "About" page for your personal or company information.
*Post pictures in the Picture Gallery.
*Post related links on the "Links" page.
*Post dates of events in the Calendar and Events area.
*Upload pictures and stories on the "Friends and Family" pages.
*Even post your resume in the Resume area!
*Edit just the pages you want then get rid of the rest.
*You can edit the pages in your favorite HTML Editor or in raw HTML.
*Blank buttons are included in some of the templates so you can make
your own!
SO MANY STYLES!
Choose from themes like New York, sewing, sports, music, holiday,
church, medieval, western, business and tons more! Or just choose web
sites with cool fonts, backgrounds and buttons.
THOUSANDS OF BRAND-NEW XOOM.com CLIPS!
Never-before-seen clips are included on this CD-ROM. Choose from
animated Gifs, web clips, and photos! Customize these awesome Web site
templates in no time!
*********************************************************************
Whether your current web site needs a new look or you're ready to
launch your very own site, it's never been easier. And XOOM.com
provides concise instructions on how to upload your site to XOOM.com,
where they will host it for FREE!
Since XOOM.com commissioned many of these templates and clips
EXCLUSIVELY from graphic designers and animators worldwide, you won't
find many of them anywhere else.
For more details about this limited offer good through May 19, 1999 or
to order, go to this secret Alpha Software URL:
orders.xoom.com
We are making this offer as a way to say thanks for being a Alpha
Software customer. As usual, you have a full, 30 day, no-fault,
money-back guarantee (less shipping and handling) from XOOM.com on
your purchase if you are not completely satisfied for any reason. So
order this great collection today. We know you will love it.
Sincerely yours,
The Team at Alpha Software
SOURCE: © 1999 Alpha Software1. (NewKidCo Int'l parent Co2.] [May 4 6:30 PM EDT]
1. Note: Alpha Software has been designated "discontinued operations"3. pursuant ref US FASB/GAAP ref/ biz.yahoo.com
"...Burlington, MA (June 10, 1998) -- SoftQuad International Inc. (NASDAQ:SWEBF; TSE:SKI), announced today that it has finalized its joint venture with NewKidCo Holdings, LLC to create NewKidCo, LLC ("NewKidCo"). NewKidCo publishes children's video games for "next generation" console systems. The companies announced a letter of intent to form the joint venture on April 21 [1998]...In making today's announcements, Richard Rabins, CEO, SoftQuad International Inc. cited the company's strategic focus on high-growth family software and children's video game segments. "Moving forward, we are enthusiastic about the opportunity to build shareholder value by achieving our objective of leadership in children's video games through NewKidCo and by capitalizing on Alpha Software's established position in the lifestyle, entertainment, flight simulation and utility categories for the PC platform." ...Joint Venture Transaction Details Under the transaction, NewKidCo Holdings LLC has transferred its assets and business to the joint venture. In exchange for a $500,000 (U.S.) cash payment, SoftQuad International's subsidiary, Alpha Software Corporation, now owns a 75% interest in the joint venture..."
2. SOURCE: newkidco.com
3. "...In December of 1998 the Board of Directors of the Company formally approved the discontinuance of the Company's operations related to the development and publishing of utility, business and consumer software products. The financial statements of the Company, therefore, show all such operations as discontinued. All operations related to the children's video game publishing are shown as continuing operations.
For the three and twelve months ended December 31, 1998, the Company recorded sales of CND $3.6M from the continuing operations which consist of the Company's NewKidCo, LLC subsidiary. The Company in June 1998 acquired its 75% interest in NewKidCo, LLC, which shipped its first video game title, Tiny Toon Adventures®: The Great Beanstalk(TM) in November 1998. Comparisons are not made to the prior year as the Company is now engaged in a fundamentally different business.
The net loss from continuing operations for three and twelve months ended December 31, 1998 amounted to CND $300,000 and CND $1.4M, respectively, under Canadian generally accepted accounting principles (GAAP).
Under U.S. GAAP, the Company had a net profit from continuing operations for the three months ended December 31, 1998 of CND $115,000 and a net loss from continuing operations for the twelve months ended December 31, 1998 of CND $2.3M.
For the three months ended December 31, 1998, under Canadian GAAP, the Company recorded a net loss of CND $5.5M from discontinued operations relating to its Alpha Software Corporation subsidiary and a net loss of CND $6.0M under U.S. GAAP. For twelve months ended December 31, 1998, under Canadian GAAP, the Company recorded a net loss of CND $12.6M from discontinued operations relating to its Alpha Software Corporation, SoftQuad Inc. and SoftQuad UK subsidiaries and a net loss of CND $12.3M under U.S. GAAP..." SOURCE: ibid (1.) |
