Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Someone Else, Not Me or The Other Guy, Pick Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (137)	6/1/1999 9:53:00 AM
From: Tom Allinder	Respond to of 186

EDIS... more: General-imaging.com web page is up. Still very much under construction but it is there. Spent some time this weekend with the Terra-Net biz plan. To recap: EDIS (Earth Search Services, Inc or ESSI) is the company. Terra-Net is the new company which is a wholly owned subsidiary of ESSI. Terra-Net will be the content provider while General-Imaging.com is the portal. Right now, the company plans a Nov IPO on NASDAQ for Terra-Net. Once offering is done EDIS will still own 45-50% on Terra-Net. Two private placements are underway... first at $3 a share, second will be at $5 a share. The NASDAQ offering (once PP is done)is tentatively between $12 and $18 a share. The low end will give the company a sufficient market cap to clearly make EDIS worth a lot more than .22 a share. See the web site at: earthsearch.com At the top of the page, you will see: "Their new technology could well revolutionize the information industry and affect almost everything from mining to international relations."--Lou Dobbs, CNN Moneyline A copy of the Terra-Net biz plan is available from the company. I have my own copy now. EDIS is a fully reporting company. Next earnings I am told by the company will continue to reflect the fact that EDIS is moving out of the "developmental stage company" phase. Again, please do your own DD. Not a Rec to buy... just keeping you up to date :) Tom