To: dennis1 who wrote (12 ) 5/11/1999 9:47:00 PM From: Solar Respond to of 20
Flowersandgift.com see reply #5 1) Flowersandgifts.com is a unique and innovative e-commerce company that provides individual customers with personalized shopping for flowers and gifts and related services over the Internet. Flowersandgift.com main goal is to be a personal assistant service, and will help individuals generate ideas for selecting gifts for birthdays anniversaries, new babies, valentines day, etc. Flowersandgifts.com floral sight will help MNAC sell it's products in two ways. Firstly, MNAC Will be one of the feature companies in Flowersandgifts.com virtual mall. Secondly, flowersandgifts.com site will drive a tremendous amount of eyeball traffic to MNAC LockerMate® and Favorite Memories, Inc.(tm) websites. In addition flowersandgifts.com is currently considering going public. MNAC is a 1% shareholder in the company and has an option to go to 2.5%. 2) MNAC recently added Favorite Memories, Inc., a distinctive line of "memory organization" albums for children enrolled in school classrooms and athletic programs. In addition MNAC is constantly evaluating new businesses products, and potential acquisitions, anyone of which might come to fruition at any time. MNAC wants to focus in on marketing to generation Y middle school suburban females, which also happens to be demographically one of the most Internet savvy groups. Any, future acquisitions or business lines will have this in common. 3) The company has 69,826 shares of a convertible preferred stock outstanding. Each share is convertible into 10 common shares @ $1.25. If you subtract out the preferred dividend amount which was $45,387 in both 97' and 98', and divide by 3.5 million you get $.10 in 98' and $.05 in 97'. 4) Don Rosacker II is the CEO of flowersaandgifts.com. www.flowersandgifts.com is open as well as www.lockermate.com and www.favoritemomories.com .