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BAOA is a reporting company. BAOA was listed here on both the May and June OTC top 100 list for most actives: otcbb.com BAOA is the symbol. BAOA web site address: baoa.com an excerpt from their web site: BAOA's evolution continues with its merging into the strategically viable telemarketing business.BAOA now intends to focus its basic mission on evolving telemarketing call centers throughout the United States. 2635 Camino del Rio South Suite 210 San Diego, CA 92108 619-291-2262 FAX: 619-291-2290 E-mail: info@baoa.com _______________________________ Wednesday June 24, 8:05 am Eastern Time Company Press Release (this is only an excerpt) BAOA Communications Receives a $79 Million Purchase Order for Telemarketing Services SAN DIEGO--(BUSINESS WIRE)--June 24, 1998--BAOA Communications (NN/OTC:BAOA) today announced that it has secured a strategic alliance with USA Telecorp of Pompano Beach, Fla., to provide telemarketing contracts for BAOA telemarketing call centers. In connection with this alliance BAOA has received a purchase order for $79 million, representing commissioned sales to be performed over a three year period. _____________________ _______________________ Thursday May 14, 8:03 am Eastern Time Company Press Release (this is only an excerpt) BAOA Communications To Open Call Center In New York City SAN DIEGO--(BUSINESS WIRE)--May 14, 1998--BAOA Communications (NNOTC:BAOA) announced today that the Upper-Manhattan Empowerment Zone has accepted the company's proposal to establish a Call Center in Harlem, New York City. The acceptance, which was one of only three proposals selected from a pool of more than four hundred applications, provides the Company access to more than $2 million in incentives for the implementation of a BAOA Call Center in Harlem. ''We are very pleased to have the opportunity to establish a Call Center in important urban empowerment zone such as Harlem,'' said Peter Van Brunt, BAOA's chief executive officer. ''This reflects the great socioeconomic benefit offered by our Call Center programs and again demonstrates the rapidly growing market opportunity for the Company's products and services in economic empowerment zones around the country.'' _________________________________ _____________ from Edgar...a bio on Peter Van Brunt.. Mr. Van Brunt is a graduate of Columbia University, completed a J.D. in law from the University of La Verne where he made Law Review and has taken postgraduate studies at Oxford University. He is responsible for overall development, production, marketing, and distribution of the Company's products. He is using his established talents in the music and game software industries to establish BAOA's high visibility as a product leader in the emerging ethnic, urban contemporary market niche. Mr. Van Brunt has over fifteen years experience as senior vice president and assistant general counsel for one of the nation's largest African American owned record labels. He has extensive experience as a corporate officer conducting commodities transactions and business development throughout the African continent, dealing with heads of state, political bodies and the international banking community. He has acted as chief negotiator for crude petroleum acquisition and distribution projects. He has managed all phases of business affairs and contract negotiations for one of the largest African American owned recording companies. His experience includes managing recordin artists through the recording process, selecting material and producers, promoting and marketing products, and managing tours. He has developed and negotiated agreements for recording, distribution, label joint ventures, publishing, and foreign licensing. ************* vision & mission: baoa.com market opportunity: baoa.com call centers: baoa.com trends in call center management: baoa.com communications: baoa.com business strategy: baoa.com partnership: baoa.com ************ BAOA has new management and new direction from where it started out a few years ago. Outsourcing and call centers are growing rapidly. They are growing at a 50% rate. For example, in the outsourcing industry at present, in the United States, it is a 6 billion dollar industry, next year it is projected to be a 9 billion dollar industry. Why? Because corporate America keeps downsizing. They can't have employees sitting around waiting to answer phone calls. So, they hire outsource centers to handle the flow of calls. As a hypothetical, you might be calling your credit card company and you are not really talking to the credit card company, but an outsource center, or a call center, where people have been hired to field the calls. It is cheaper for corporate America to do it this way, and more efficient. This tele-service building can seat anywhere from 200 to 1500 people per call center. Additionally, call centers are used to field those calls for ordering products, that you see on those late night and weekend infomercials.. BAOA has already acquired a call center in Atlanta. It is projected to be fully operational in September. The Federal Government has designated 6 zones in the country as "empowerment zones", in which there are tax credits and government funding to create jobs and training for unskilled or uneducated work force. Over one billion dollars has been dedicated to this project (I am NOT talking about just BAOA, but in general terms) This is supposed to be increased in the future. Atlanta is one of those empowerment zones.. BAOA has provided an elegant solution to utilize government funding that will not only help the communities their call centers are opened in, but will ultimately generate revenue and jobs. The training facilities will be subsidized through government funding. The Atlanta Call Center is a 40 thousand square foot building with 3 floors. The jobs created through BAOA call centers for some people will be their career and livelihood, and for others it will be a stepping stone into other careers in the communications industry. Many positive things will come from this that will impact many people. The Atlanta Call Center should be up and running in September. It is projected that in the first quarter of 1999 that a call center in Harlem will begin operation. There are talks about possibly call centers in Brooklyn, Bronx, and 2 in the Los Angeles area, one of which will be multi-lingual. Minor stuff.I was told (and this is NOT the focus of the company), is BAOA is also having a line of clothing called BAOA gear (t-shirts, hats , funky designs etc), prepaid calling cards.. which will probably also be marketed through the call centers rather than traditional marketing. (minor stuff compared to the big and aggressive focus of the company) * * * * * * * * * * * * * * * * This is NOT a recommendation to buy stock in this company. Do your own due diligence. The investor relations person can be reached at 619-291-2262. The company can send you further information. If you speak to the company you will learn where this company has been and where it is headed. Please do your own research and verify all information. | ||||||||||||||
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