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Gold/Mining/Energy : SCS Solars Computing Systems Inc. -- Ignore unavailable to you. Want to Upgrade?


To: cash money who wrote (803)5/26/1999 6:31:00 PM
From: Chucky99  Read Replies (1) | Respond to of 1201
 
NEWS!!!!SCS Solars monthly contract revenues ahead of target

SCS Solars Computing Systems Inc
SCS
Shares issued 30,557,801
1999-05-25 close $1.07
Wednesday May 26 1999
Mr. Frank Wells reports
Monthly contract revenues are a full two months ahead of management's target
and now exceed $100,000 (U.S.).
Solars' initial focus has been to secure and commission long-term contracts on a
core target of consolidators in North America and more recently in Europe. This,
coupled with a revenue sharing agreement with Orbit Network, Inc., has seen the
company's first sales target exceed $100,000 per month.
Frank Wells, chairman commented: "This excellent news has been primarily
brought about by two factors. The first being the way in which data is loaded onto
the Solarnet Travel Network. After weeks of work by our development team,
Solars has reduced upload time by 50 per cent and we can now get our
customers up and running much faster. The second is the growth in business from
our revenue sharing agreement with Orbit and our Tourtek product in which
Solars has a 49 per cent ownership." Mr. Wells added, "With the average
contract term being four years, a further 30 contracts currently in the pipeline and
our recent successful launch in the U.K., we are now considering upgrading our
forecasts."
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

Cash Money I have heard that the bulls are coming in soon. After the weekend. Cash Money I have heard this stock should shatter the $2.00 mark in June.