Steve,
Here is some information I have compiled on a company that seems to be "coming on strong." I am an individual investor and VERY interested in this company. Perhaps you are familiar with it since it is a Search Engine Partner on Inktomi. If you know something about it, I would appreciate hearing from you. If you are not familiar with it, below is my own research on it and I would still appreciate your comments. Thanks for your time.
(If anyone else knows about this company, I would appreciate private messages on it as well to assist my continuing research.)
- OVERVIEW on GoProfit.com (owned by DDEQ) -
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- - - - - PREFACE - - - - -
There is a lot of “quiet talk” going on about DDEQ and GoProfit.com.
Is GoProfit.com the NEXT MAJOR INTERNET STOCK?
Will GoProfit.com possibly become the “Yahoo” of the international financial world?
GoProfit.com (owned by DDEQ) is supposed to IPO about July.
GoProfit.com is already among some major players on the list below and their search engine is supposed to open very soon...
inktomi.com
Here's what I have so far... (Comments are welcome - Make your own evaluations.)
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- - - - - COMPANY - - - - -
Ticker: DDEQ (OTC:BB)
Diamond Equities Inc.
2010 East University Drive, Suite #3
Tempe, AZ 85281
(602) 921-2760 Fax: (602) 921-2757
GoProfit.com IR (GlobalVest) phone: (310) 441-0631
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- - - - - NEWS & CHARTS - - - - -
snap.com
quote.yahoo.com
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- - - - - SHARES - - - - -
Outstanding Shares: 4.9 million
Preferred Shares: 18,000 convertible to 18 million
Estimated Float: 1.1 million
Background History on the Preferred Shares...
techstocks.com
MarketGuide Shows the transfer agent as Signature Stock Transfer, Inc
yahoo.marketguide.com
A search for Signature Stock Transfer located...
Signature Stock Transfer, Inc
Dallas, TX 54244
(972) 788-4193 Fax: (972) 788-4194
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- - - - - SEC FILINGS - - - - -
sec.gov
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- - - - - BASIC STORY - - - - -
- Fully reporting and current with the SEC
- In 1996 DDEQ sold off their telephone business for $2.4 million
- In 1997 name changed to Diamond Equities since they were targeting acquisitions
- Diamond Equities (DDEQ) is a holding company with 2 subsidiaries
- In 1998 DDEQ acquired Precision Plastics Molding
- In 1999 DDEQ acquired GoProfit.com on April 5. More details of the acquisition at
sec.gov
- GoProfit.com (owned by DDEQ) claims to be the world's first multi-language Financial Search Engine and will be powered by Internet portal giant INKTOMI (NASDAQ: INKT) inktomi.com
- DDEQ agreed to assist GoProfit in raising $400,000 working capital and in immediately filing an SB-2 registration document for fund raising, full reporting status and spin-off purposes to be completed and in registration no later than 120 days from the
execution date of this agreement. The agreement date was April 5, 1999.
- From DDEQ's latest 10Q filing...
“The Company believes that its existing cash and anticipated cash generated from operations will be sufficient to satisfy its currently anticipated cash requirements for fiscal year 1999.”
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- - - - - ALLIANCES - - - - -
Inktomi (Nasdaq: INKT)
inktomi.com
Frontier GlobalCenter [part of Frontier Corporation (NYSE: FRO)]
globalcenter.net
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- - - - - INKTOMI CONNECTION - - - - -
So far, INKT has included GoProfit twice in their recent announcements. The first time
was on March 25 and the second was on April 15.
March 25 (First paragraph)...
biz.yahoo.com
SAN MATEO, Calif.--(BUSINESS WIRE)--March 25, 1998--Inktomi Corp.
(NASDAQ: INKT - news), developer of scalable Internet infrastructure software, today announced eight new customers for its award-winning search services. BellSouth, chello broadband n.v., ComBus, Global DataTel, GoProfit, StarMedia Network, ThundaTech, and 4anything.com have forged agreements to incorporate Inktomi's search platform into
their online offerings, bringing Inktomi's worldwide search engine customer base to over 25 portals and destination sites on five continents.
April 15 Quarterly Report (Fourth paragraph)...
biz.yahoo.com
SAN MATEO, Calif.--(BUSINESS WIRE)--April 15, 1999--Inktomi Corp.
(NASDAQ:INKT - news) today announced financial results for the second quarter of fiscal year 1999 ended March 31, 1999...
Portal Services Business: Search Engine...
Inktomi augmented its Search Engine customer roster worldwide by adding companies such as BellSouth, Global Datatel and GoProfit in the United States as well as Europe's Chello Broadband, Gruppo Espresso and swiss.com. In addition, the Inktomi Search Engine started servicing search queries for Yahoo! Japan during the quarter.
About Inktomi -
Based in San Mateo, Calif., Inktomi (pronounced INK tuh me), develops and markets scalable software designed for the world's largest Internet infrastructure and media companies. Inktomi's products include the world's largest search engines, online
comparison shopping solutions, and carrier-class network cache software.
Inktomi works with leading companies including @Home Network, America Online, chello broadband, CNET, CNN, GeoCities, Intel, RealNetworks, Sun Microsystems, and Yahoo!. The company has offices in North America, Europe, and Asia. For more information, visit www.inktomi.com.
- How significant is the power of Inktomi (NASDAQ: INKT)?
inktomi.com
- Here's what Yahoo, Microsoft, and others say about Inktomi...
inktomi.com
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- - - - - FRONTIER GLOBALCENTER CONNECTION - - - - -
- GoProfit signed a Web hosting and distribution agreement with Frontier Communications' data and Internet arm, Frontier GlobalCenter, to ensure the GoProfit Search Engine will be able to handle large volume page view demands worldwide.
Frontier GlobalCenter can increase bandwidth according to demand and will enable GoProfit to introduce proprietary visual and audio Due Diligence tools to the Internet.
Frontier GlobalCenter currently handles more than 72 billion hits per month, translating into 2 million hits per minute. Frontier GlobalCenter's customers include Yahoo!, The Motley Fool, Playboy, Quote.com, News Alert, Pacific Bell at Hand, USA TODAY, and
many others.
In providing Digital Distribution for the top Web sites, Frontier GlobalCenter facilitates 70 percent of online financial discussions and 60 percent of all Internet searches.
For more information about...
Frontier GlobalCenter: globalcenter.net.
Frontier Corp: frontiercorp.com
Frontier GlobalCenter's parent company is being acquired by Global Crossing (Nasdaq: GBLX) which, on May 17, 1999, announced a merger with US West (NYSE: USW) which they described as “an industry-transforming merger that will create a seamless
end-to-end local-to-global broadband network, provide integrated telecommunications and data services, and accelerate the deployment of high speed Internet services to local, national and global markets.” The result will form a proforma market capitalization
company of about $75 Billion!
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- - - - - OTHER - - - - -
- GoProfit is focused on building a vertically designed search engine/Web portal dedicated exclusively to the financial community.
- GoProfit, The World's Financial Search Engine, is dedicated to providing the global community with equal access to all pertinent financial information on a timely basis.
- GoProfit.com will incorporate all of Inktomi Corporation's newest data sources into its proprietary financial search engine.
- Inktomi's worldwide search engine customer base now numbers about 25 portals and destination sites on five continents and this includes GoProfit.
- Frontier GlobalCenter is the data and Internet arm of Frontier Communications, a unit of Frontier Corporation (NYSE: FRO). Frontier Communications is one of the leading providers of integrated communications solutions - including Internet, IP and data
applications, long distance, local telephone conferencing.
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- - - - - MY QUESTIONS - - - - -
Inktomi (INKT) says they will have a new product line out by June and GoProfit's Search Engine is scheduled to open in June. Is GoProfit part of a major promotion by Inktomi?
How will financial markets and financial powers react to the potential of further exposure to investors AROUND THE WORLD?
Could GoProfit.com be bigger than CBS Marketwatch since it is multi-language?
Could GoProfit.com be the “Yahoo” of the international investment world?
Is GoProfit.com (owned by DDEQ) the NEXT MAJOR INTERNET STOCK?
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- - - - - From the RUMOR Mill - - - - -
Rumor 1 - People that have seen the search engine say it will be far bigger than CBS Marketwatch. The search engine is said to include worldwide financial information, real-time quotes throughout the world on stocks, bonds, options, currencies, etc for all the major world markets AND it is said to include trading features that are phenomenal - perhaps even accommodating currency conversions for trades internationally. All of this (including advertising banners) in 6 languages with additional languages added later.
Rumor 2 - The site is said to be co-launched with Inktomi in mid-June.
Rumor 3 - GoProfit is said to have already signed a contract with one of largest advertisers on the Internet.
Rumor 4 - Public leverage in Pre-IPO shares of GoProfit.com is said to ONLY be available by owning DDEQ shares.
Rumor 5 - GoProfit.com says they are fully financed.
Rumor 6 - A potential partnership deal with Bell Atlantic is under consideration.
Rumor 7 - DDEQ shareholders might receive a “dividend” of GoProfit shares.
Rumor 8 - GoProfit is working with three major underwriters on their IPO.
Rumor 9 - CEO of INKT (Inktomi) talked about GoProfit.com in an interview on CNBC
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Talk to your Broker or Investment Advisor and get as much information as possible.
Do your research EARLY to help you make more informed decisions later.
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