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Look at these numbers:
Period Ending: Oct 31, 2002 Jul 31, 2002 Apr 30, 2002 Jan 31, 2002
Total Revenue $736,482,000 $583,937,000 $564,410,000 $542,998,000
Cost Of Revenue $472,341,000 $353,537,000 $332,692,000 $330,816,000
Gross Profit $264,141,000 $230,400,000 $231,718,000 $212,182,000
Operating Expenses
Research And Development N/A N/A N/A N/A
Selling General And Administrative Expenses $235,267,000 $187,738,000 $191,774,000 $176,846,000
Non Recurring N/A N/A N/A N/A
Other Operating Expenses N/A N/A N/A N/A
Operating Income $28,874,000 $42,662,000 $39,944,000 $35,336,000
Total Other Income And Expenses Net N/A N/A N/A N/A
Earnings Before Interest And Taxes $28,874,000 $42,662,000 $39,944,000 $35,336,000
Interest Expense $18,697,000 $12,070,000 $12,322,000 $12,616,000
Income Before Tax $10,177,000 $30,592,000 $27,622,000 $22,720,000
Income Tax Expense $3,570,000 $12,230,000 $10,710,000 $9,430,000
Equity Earnings Or Loss Unconsolidated Subsidiary N/A N/A N/A N/A
Minority Interest N/A N/A N/A N/A
Net Income From Continuing Operations $6,607,000 $18,362,000 $16,912,000 $13,290,000
Nonrecurring Events
Discontinued Operations N/A N/A N/A N/A
Extraordinary Items N/A N/A N/A N/A
Effect Of Accounting Changes N/A N/A N/A N/A
Other Items N/A N/A N/A N/A
Net Income $6,607,000 $18,362,000 $16,912,000 $13,290,000
Preferred Stock And Other Adjustments N/A ($1,055,000) ($2,466,000) ($2,418,000)
Net Income Applicable To Common Shares $6,607,000 $17,307,000 $14,446,000 $10,872,000
Brand new game on the website
Royal Jackpot
Brandmakers
140 Satellite Blvd
Suwanee, GA 30024
Phone: 770-338-1958
Fax: 770-338-9331
E-Mail: info@brandmakers.com
San Francisco-based civil engineering and design firm URS (nyse: URS - news - people ) resurfaced on the top buy list. The stock, which had been a top buy for much of January at prices as high as $14, slid to a 52-week low of $8.50 Feb. 21. This was despite URS' winning new contracts, including one with the U.S. Army Communications-Electronics Command unit worth a potential $3.1 billion over the next eight years. The stock's price-to-earnings ratio is a low 4.36 compared with those of fellow engineering companies Fluor (nyse: FLR - news - people ), which trades at a P/E multiple of 13.39, and Jacobs Engineering (nyse: JEC - news - people ), which trades at a P/E of 18.21.
Brandmakers, Inc. is a diversified company engaged in the provision of Internet development and electronic game and vending equipment through two technology-based divisions. For the six months ended 12/31/02, revenues rose 68% to $835 thousand. Net income from continuing operations totaled $31 thousand, up from $1 thousand. Revenues reflect an increase in sales. Higher income also reflects lower salaries and wages and reduced interest expenses.
Financials look good :
Period Ending: Dec 31, 2002 Sep 30, 2002 Jun 30, 2002 Dec 31, 2001
Total Revenue $429,632 $404,952 $185,207 $796,294
Cost Of Revenue $149,265 $232,436 $86,405 $418,920
Gross Profit $280,367 $172,516 $98,802 $377,374
Operating Expenses
Research And Development N/A N/A N/A $1,769
Selling General And Administrative Expenses $220,138 $199,879 ($194,262) $310,909
Non Recurring N/A N/A N/A N/A
Other Operating Expenses N/A N/A $186,332 $55,296
Operating Income $60,229 ($27,363) $106,732 $9,400
Total Other Income And Expenses Net N/A N/A $2,039 N/A
Earnings Before Interest And Taxes $60,229 ($27,363) $108,771 $9,400
Interest Expense $647 $1,201 $7,418 $3,680
Income Before Tax $59,582 ($28,564) $101,353 $5,720
Income Tax Expense N/A N/A N/A N/A
Equity Earnings Or Loss Unconsolidated Subsidiary N/A N/A N/A N/A
Minority Interest N/A N/A N/A N/A
Net Income From Continuing Operations $59,582 ($28,564) $101,353 $5,720
Nonrecurring Events
Discontinued Operations N/A N/A ($292,670) N/A
Extraordinary Items N/A N/A N/A N/A
Effect Of Accounting Changes N/A N/A N/A N/A
Other Items N/A N/A N/A N/A
Net Income $59,582 ($28,564) ($191,317) $5,720
Preferred Stock And Other Adjustments N/A N/A N/A N/A
Net Income Applicable To Common Shares $59,582 ($28,564) ($191,317) $5,720
More filings for Brandmakers, Inc. available from EDGAR Online. Get a Free Trial to EDGAR Online Premium
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We seem to have a new machine product RED ARROWS :
Our Internet division, Mailstart and Webbox, have millions of visitors a year and have generated a subscriber base of nearly 100,000 members in just 12 months. Cell phone vendors, floppy disk and CD vendors, Virtual Reality Golf and Red Arrows are some to the products our games and vending division produce and sell.
BMKS:
Gamosity, the games and vending division of Brandmakers, imports and manufactures skill machines for amusement and redemption purposes in addition to their line of vending machines. In July, the State of Georgia banned the use of all games of chance. This included video poker, 8 liners and blackjack machines. Consequently, it is estimated that in excess of 40,000 machines had to be picked up and taken out of locations. This created an opportunity for Brandmaker's skill machines such as Royal Magic. Royal Magic is an innovative redemption machine that utilizes mechanical reels, similar to the look and feel of slot machines, which allow players to use their skill to win and redeem prizes. It will not result in a winning combination unless assisted by the player's skill, which is critical to adhering to the laws of Georgia. Royal Magic is very appealing to players that have played Las Vegas style games, and, based on the ban of games of chance, we believe it will have strong appeal amongst such players. In October, 2002, Brandmakers requested and received a positive legal opinion regarding Royal Magic. According to this opinion, Royal Magic adheres to the laws in Georgia regarding redemption machines. Based on this opinion and based on the lack of machines that adhere to the Georgia laws, in October, 2002, Mr. Minard commenced ordering the equipment necessary to manufacture and sell these machines, initially focusing on sales in Georgia. In November, 2002, Brandmakers began taking orders for Royal Magic, and, in January, 2003, Brandmakers began filling such orders. Sales during the quarter included two computer disk vending machines, fifty-four pull tab machines and forty-six Royal Magic machines. During the period, the division hired a full time technician as well as a part time person to assist with assembling machines. Currently, other unique redemption and vending machines are being considered by Brandmakers for development.
BMKS:
Gamosity, the games and vending division of Brandmakers, imports and manufactures skill machines for amusement and redemption purposes in addition to their line of vending machines. In July, the State of Georgia banned the use of all games of chance. This included video poker, 8 liners and blackjack machines. Consequently, it is estimated that in excess of 40,000 machines had to be picked up and taken out of locations. This created an opportunity for Brandmaker's skill machines such as Royal Magic. Royal Magic is an innovative redemption machine that utilizes mechanical reels, similar to the look and feel of slot machines, which allow players to use their skill to win and redeem prizes. It will not result in a winning combination unless assisted by the player's skill, which is critical to adhering to the laws of Georgia. Royal Magic is very appealing to players that have played Las Vegas style games, and, based on the ban of games of chance, we believe it will have strong appeal amongst such players. In October, 2002, Brandmakers requested and received a positive legal opinion regarding Royal Magic. According to this opinion, Royal Magic adheres to the laws in Georgia regarding redemption machines. Based on this opinion and based on the lack of machines that adhere to the Georgia laws, in October, 2002, Mr. Minard commenced ordering the equipment necessary to manufacture and sell these machines, initially focusing on sales in Georgia. In November, 2002, Brandmakers began taking orders for Royal Magic, and, in January, 2003, Brandmakers began filling such orders. Sales during the quarter included two computer disk vending machines, fifty-four pull tab machines and forty-six Royal Magic machines. During the period, the division hired a full time technician as well as a part time person to assist with assembling machines. Currently, other unique redemption and vending machines are being considered by Brandmakers for development.
Gamosity, the games and vending division of Brandmakers, imports and manufactures skill machines for amusement and redemption purposes in addition to their line of vending machines. In July, the State of Georgia banned the use of all games of chance. This included video poker, 8 liners and blackjack machines. Consequently, it is estimated that in excess of 40,000 machines had to be picked up and taken out of locations. This created an opportunity for Brandmaker's skill machines such as Royal Magic. Royal Magic is an innovative redemption machine that utilizes mechanical reels, similar to the look and feel of slot machines, which allow players to use their skill to win and redeem prizes. It will not result in a winning combination unless assisted by the player's skill, which is critical to adhering to the laws of Georgia. Royal Magic is very appealing to players that have played Las Vegas style games, and, based on the ban of games of chance, we believe it will have strong appeal amongst such players. In October, 2002, Brandmakers requested and received a positive legal opinion regarding Royal Magic. According to this opinion, Royal Magic adheres to the laws in Georgia regarding redemption machines. Based on this opinion and based on the lack of machines that adhere to the Georgia laws, in October, 2002, Mr. Minard commenced ordering the equipment necessary to manufacture and sell these machines, initially focusing on sales in Georgia. In November, 2002, Brandmakers began taking orders for Royal Magic, and, in January, 2003, Brandmakers began filling such orders. Sales during the quarter included two computer disk vending machines, fifty-four pull tab machines and forty-six Royal Magic machines. During the period, the division hired a full time technician as well as a part time person to assist with assembling machines. Currently, other unique redemption and vending machines are being considered by Brandmakers for development.
Bottom line :
Sales during the quarter included two computer disk vending machines, fifty-four pull tab machines and forty-six Royal Magic machines. During the period, the division hired a full time technician as well as a part time person to assist with assembling machines. Currently, other unique redemption and vending machines are being considered by Brandmakers for development.
They filled.
2002 AND 2001.
Revenue increased from $495,519 for the six months ended December 31, 2001 to $834,584 for the six months ended December 31, 2002. Cost of goods sold amounted to $110,822 for the 2001 period versus $381,701 in 2002. Consequently, gross profits increased to $452,883 for the six month period ended 2002 compared to $384,697 in 2001. Expenses for the six month period ended 2002 were $420,017 resulting in a profit of $31,018 from continuing operations after interest expense of $1,848. Expenses for the six month period ended 2001 were $352,953 resulting in a profit from continuing operations of $1,027 after interest expense of $30,317. However, there was a net loss in 2001 of $93,842 after a loss on discontinued operations of ZOOM Communications of $94,869 compared with net income of $31,018 in 2002. Note that accrued salaries in the amount of $65,191 were written off in the three month period ended 9/30/02 as reported in the 10 QSB. The primary reason for a profit in the 2002 period was due to improved revenues as well as the accrued salaries that were written off versus a substantial loss in the 2001 period due to the discontinued operations of ZOOM Communications.
It's impossible to add a large number without driving the price up over 5 cents. No large block sellers. It would be good to get more trading to reduce the crazy spread. Countdown to the 10QSB filing next Friday. I think we will see almost positive cash flow for the last quarter, no counting depreciation and be firmly in the black for this quarter, with some interesting footnotes instead of PRs.
You will not have long to wait, the 10QSB will show if the slot machines are selling or not and whether they now have positive cash flow. Because of loss carryover and depreciation it could be years before they have to pay any taxes. Also take alook at ENGY. If their green machine process works and is cost effective ENGY could be in the right place at the right time. Of course so will the investors
Best seller so far in 2003:
Royal Magic
5 liner skill machine
Optional ticket dispenser and/or custom printer
All cash in-ticket out
Conforms to all states allowing redemption
Ideal for: convenience stores, truck stops, family centers, and theaters
Full accounting software
Full diagnostic mode
Players need to interact with this game!
Can be linked progressively
Brandmakers
140 Satellite Blvd
Suwanee, GA 30024
Phone: 770-338-1958
Fax: 770-338-9331
E-Mail: info@brandmakers.com
Countdown to the 10QSB filing. This time I think it will show a continuing turn-around and have some interesting footnotes. I don't regret being in so long, to accumulate the number of shares I have in the next three months would blow the price past 5 cents. Newbies may be able to pick up a 100k or so at these prices, but that's it.
ENGY:Once the process works and is reliable, they need to demonstrate the business plan. This is not something that is primarly to produce energy, energy is a by-product of a process to mitigate environmental waste. Drive by a feed lot on I-5 in California, North Of LA south of Sacremento, you can begin to smell it 10 miles away, with the windows up.
I think 2003 is make or break year for BMKS. The first sign will be the February 14th 10QSB, which reflects business through the end of December 02, I don't expect much from these numbers, maybe even a small loss. The key will be in the footnotes, which should talk about first qaurter 03 sales of slot machines and company future plans.
This is the meat. enjoy
Tom Bowers: Okay. The Tillamook digester was installed to be online in June of this past year. We actually flared gas and proved the concept. That is a sequential batch system that was originally installed to take care of about 300 milking cows in Oregon. The system was conceived to have bladders placed within our metal reactors. As it turned out, the bladders could not perform consistently under the load of animal waste that was placed on it when coupled with the temperature and the gas pressure. So we redesigned the Tillamook facility for the reactors to be manufactured without bladders. This required a redesign of the interiors and then we coated them experimentally with a commercial product called Rhino Liner. The Rhino Liner worked very, very well for us in one of our five test reactors. We found that we needed to go back and re-engineer the system again so that we could put a greater amount of the non-corrosive Rhino Liner in there; that was completed the first week in January. On the 20th we re-sprayed test reactor 5, we go through a corrosion test and a pressure test under commercial load starting the 21st. By the 24th that will be evaluated. We think we’ve licked all the problems there and we’ll go back into a production environment in the month of January and during the month of February we’ll have performance specifications on Tillamook published on our website.
Tom Allinder: All right. Could you please comment on the status of any potential new business?
Tom Bowers: Sure. We have new business in two primary areas. They are the commercial dairy areas and food processing. Let me speak first of all of commercial dairy. California is the largest commercial dairy-producing area in the world. The San Joaquin Valley, around the greater Fresno area, has some of the highest concentrations of dairy animals of any place in the world as does the Chino area of California. There are about 5,700 dairies in California, all of which are of the size to be a prospect for our anaerobic digestion system. That’s where we’re concentrating our efforts now. We have two dairies in the Fresno area now that we have proposals out to that we hope to be able to announce to the customers that we’ll break ground on in February. Those proposals should be closed and announceable to our stockholders before the 15th of February.
We also have an area that we’ve been working with for some time now, actually since last September, in an area that we didn’t originally contemplate to be a short-term prospect area but is evolving very quickly into one, and that’s the bio-mass that are created by food processing. Food processing creates a great deal of bio-waste, which has to be handled before it can be placed in the municipal waste systems because of the volume and highly-reactive biological nature of the waste. We are finding that they are just an absolutely ideal candidate for our anaerobic digestion system and we are exploring that market very heavily and we are also working with some engineering firms who specialize only in food processing firms and that has kind of accelerated our entry into that market. We hope also to be able to announce in the month of February the closing of a significant piece of business in the mid-west for a food processor using our anaerobic digester.
Tom Allinder: All right. What do you see is the real market potential for your product over the next one to two years?
Tom Bowers: Well, that’s a very good question in the sense that it’s very hard to answer. The marketplace exists and has existed since probably the mid-1950s in confined animal operations. The confined animal operations produce, just to give you some statistics that are rather staggering, but it takes about 100 pounds of feed a day for a thousand-pound dairy cattle to produce 100 pounds of milk, so if you have 500 cows in your dairy, you’re producing 500 times 100 pounds of waste a day, which is a great deal of matter to be able to handle. Now many dairies, especially those in California, have several thousand head of cattle, so those are the commercial operations – the confined animal feeding operations – that are being targeted by the EPA to make sure that they have a very effective manure management program and farmland run-off program so that when these animal wastes come in contact with flood waters from rain or irrigation or other things, that they’re not carried out into the water table and ultimately into the water supply. So, now that the pressure is on the farm operations to become what we like to say “good neighbors” once again that won’t produce highly offensive odors, that don’t produce this run-off, that don’t produce this massive waste, which is biologically very active – or the term in the industry is “hot” – the anaerobic digester is the absolutely perfect way to be able to handle that. It turns this waste into a highly-desirable, fertilizer-like amended soil, which has immediate application to go back into land and landscaping and crop-raising applications. Secondly it reclaims the gray water that can be used immediately back in farmland use for irrigation or dairy cleanup. And thirdly, it takes this biological waste pile and turns it into an income stream, because it generates gas, a bio-gas, which is someplace between 60% and 70% methane, and that methane is very similar to natural gas, so it has a high caloric value, it can be used to power either an internal combustion engine or boilers to be able to create energy at very, very economical prices and, as I told you earlier, the cow produces 100 pounds of this a day, it’s a highly-renewable resource. So the anaerobic market for us is ever-expanding and as long as there is waste that’s being allowed to go into the landfill and create nothing but odor and problems, the anaerobic market will still expand.
Tom Allinder: Where do you see the company in five years and, for the stockholders, when can we reasonably expect to see a return on our investment?
Tom Bowers: Well, I can’t speak to the return on investment because I don’t know the level of it, so let me tell you about what I think the company will be doing in revenues in five years, given the ability to be able to maintain the growth that management presently sees in the statistics that are available in the marketplace. We think that this company at the end of five years, could very easily be selling at the rate of about $120 million on an annualized basis of anaerobic digestion systems. It sees that it could maintain a profitability in that that would be – since there aren’t any real industry standards other than let’s say the general manufacturing industry for farm implements or ag implements – we think that we could on $120 million of sales, that we could make $8 to $10 million, so we think that if that were the case that we would be very, very comfortably placed in the top echelon of companies that are involved in the renewable energy, the manufacturing area, and on the fringe areas of the agricultural industry. And we think that their stocks are going to perform very well and consequently we think that we’ll perform well along with those other stocks.
Tom Allinder: We received two questions regarding the JW Reed company, that was a deal that was announced last year, and one question was specific as far as when will those shares be dispersed, but I guess first we need to answer where are we at on the JW Reed deal?
Tom Bowers: All right. The JW Reed transaction actually took place and was signed last February. It was a very involved transaction, which involved some companies that were yet to be formed and so on. Now, those transactions have proceeded up to the point that the people in Reed -- now known as Reed Holdings – have made an offer to give to Enviro-Energy the shares of stock that it had committed to, as far as numbers, it had committed to last February in its purchase agreement. Reed Holdings has announced to its shareholders and to the public in general that it had completed the purchase of ERI in all aspects. We disputed that to the point that they could not give us an evaluation of what those shares were and the shares that were offered to us for the purchase of the ERI asset from us. We’ve turned that over in December to Johnson & Spurr. Bill Spurr is the attorney that is handling it. He has told me last Thursday that he expects a resolution in the next 10 days and those shares that are to come to the shareholders of ENGY should be available to us within 30 days and one of the conditions of the sale was that the people at Reed Holdings were to go to our stock transfer agent and have the distribution distributed – those shares on a pro rata basis – to the shareholders of record directly through the transfer agent. So ENGY, the management of Enviro-Energy, our team, will not actually take possession of those shares, but they’ll go through the transfer agent and then they’ll be distributed to the individual shareholders by name on a pro rata ownership basis, and we would hope that that would happen in the next 30 days.
Tom Allinder: What is the company’s strategy as far as increasing visibility to both the company’s business and also to the stock?
Tom Bowers: Let me speak first of all to the company’s in-the-field business, the operational level in the field. We have a fairly active dissemination of information about our company, both from our website, which gets a great deal of activity. There’s a lot of word of mouth activity about us, especially here on the West Coast and through the academic circles. Also there’s a lot of activity that has been created now that the 2002 Farm Bill has been announced and it’s the EQIP portion of that farm bill has been declared to have funding in it nationwide. That has created a lot of activity for everybody who fits within theEQIP Bill, and we believe that we fit there and consequently we’re getting some visibility that way.
Also, we’re very active in the field now, attending meetings with farmers, going to farming groups of milking association, creamery and dairy associations and so on, and talking about the concept of the anaerobic digesters to these individual farmers at these meetings.
As far as the stock goes, we’re going to start taking steps like the one we’re taking today with the teleconference we’re having. On our website that will be updated twice a month, we’ll have a frequently asked questions area that will answer the questions that come up consistently. For example, like the Reed situation or sales situations, those things will be discussed in a reader-friendly or user-friendly forum and available on our website. We’re also going to have more concrete news announcements that will go out through the commercial wire areas announcing the performance of the company in various areas. So each time there’s a significant piece of new business that comes into the company, either on the Colvico side or on the anaerobic digester side, and/or developments within the company that are meaningful to the stockholders, we will be talking about that on a regular basis, but we won’t be talking about things that are far off in the future or highly speculative; we’re going to try and talk about the things that are short-term or that have been signed, that are prospective today that could be proved tomorrow.
Tom Allinder: Has ENGY secured enough capital to meet its current and future needs and, if not, what efforts have been made in this regard?
Tom Bowers: We just completed a short-term financing agreement with an investment banking group out of Florida in which the terms and conditions were just accepted today. That will take us through the end of the first quarter. We think that the sales that I’ve referenced earlier – the two in California and the one back in the mid-west that will create a great deal of activity for us – the activity will lead to the ability to be able to do other things with sold contracts that we can leverage and actual cash flow and income from those, so the second phase past this first quarter is somewhat problematic in the sense that we are fully expecting to be able to make some of these sales activities come true that have quite a bit of investment of time and effort in them up to this point. We do feel that our chances are extremely high of closing all three of those contracts. Those three contracts will provide adequate funding to carry us through the second and third quarters, and then of course through the balance of the year we hope to be able to sell into the fourth quarter and the opening of 2004 with a bit more of new business and that will create financing opportunities for us as well.
Tom Allinder: Okay, Tom, that’s all the questions that I have. Is there anything else that you want to add to anything that you’ve said?
Tom Bowers: Yes, I would like to say that the tone of the questions seem to be optimistic and upbeat about the company. The company would like to do a lot of things. We purposely kept it extremely lean; there are four executives in the company, all of which are being paid considerably under market with the prospect that as things break, their remuneration will reflect that. We do know that there’s more that needs to be done, we know how to get that done. We have the wherewithal we think now to get some of those things done. And then, more importantly, there’s the desire – I’ve never met a more motivated set of technical people working with their administrative support such as myself and Pete Martinelli, the Financial Officer. We’ve got professionals in the spots for the first time with a well-defined goal in front of us to sell these projects one at a time and make sure that each one of these goes together with a stamp from all three sides of the house that says engineering it’s sound, financially it’s sound, and administratively we know we can make it happen. So, we have our ducks in a row for what I would say is the first time since this company has been operating as Enviro-Energy Corporation.
We also have some goals, especially in California – once that these anaerobic digesters meet with success in some of these medium- to larger-size operations, we feel that the sales cycle time will be shortened considerably. Right now, it’s running in excess of 180 days from the time that the first serious contact is made to the development of a proposal. We think that we can shorten that up to less than 90 days. We think that we can design, build and install our sequential batch systems for the smaller operations, that we can build those within 60 days and we can install them within 60 days, so we can shorten up the design and sell cycle from about nine months that we can get that down to less than five months. In the larger systems, we think that we can take that sell/design/build cycle from what’s historically been about a year to 13 months, that we can get that down to less than six months. That being said, we think that we’ll see a lot more action in the selling side, the proposal side and the closing of these prospects into customers, we’ll see that happen a lot more frequently and across a broader spectrum of customers, especially in California in 2003 and 2004. So we think that the pace of sales will pick up considerably to where we can see that we very possibly could have one major sale every 30 days. So those are the directions that the company is going in, we’re going to continue to run a lean ship, we’ll continue to run it in the departments as we have it now, we’ll continue to rely on very high quality strategic alliances like we’ve done with Stantec, SSE and Alder Construction, for example – people who can come in, get it done, that have done it before in similar circumstances in water and wastewater management areas that have good reputations and have the ability to create the bonds that are necessary and have a long-term, over 50 years in both these cases, track record of success and growth.
That being said, I think that we’ve learned a lot, we have developed a plan, we think we’ve got a very good direction now, we’ve got a good management team and I think we’re pretty well managed in those departments, so I think that we’re an awful good bet for the future and I think each successive quarter will prove that with growth and move towards profitability.
ENGY. GREEN GOLD.Based on the phone conversation with the CEO they had "bladder problems" with the pilot in Oregon, this has been fixed and we should see the operating results from this project soon. If it works in Oregon, it can work in CA, with 10 times the market.
CURRENT BUSINESS INFORMATION: Brandmakers, Inc. consists of two technology-base divisions with a foucs on games and vending and Internet application development. Gamosity, the games and vending division, focuses on computerized games and vending machine manufacturing and distribution. MailStart engages in Internet application development and offers gateway e-mail service as well as its WebBox application.
engy:If Enviro-Energy Corporation can produce a working anaerobic digestion systems plant for reducing all biomass to useful byproducts and renewable energy, the world will rain green dollars on them.
BMKS has literally doubled its machine business in the last three months, but it hasn't been able to capture all of the profitability associated with that growth. operations in 2002 and the expectation is for improvement in that part of the business in 2003 and 2004. With the team they have in place,they believe they are on track to be successful in this marketplace.
I am in the money, but want into the big money
I think we have bottomed out and expect a double in NPCT, BMKS and ENGY in 60 days or less. I will accept any two out of three. $5K in each would give a nice return with little downside risk.
It's a pretty decent quarter -- as expected there will be upside to the numbers. I think we have a buy on the rumor and sell on the news."
Looking forward to a PR, not sure what it will do for the stock price. It will take more than that to re-build investor confidence and interest after leaving investors in the wilderness for several years.
Slot machines are being shipped, this should be a good quarter, but the cash flow will not show up in the February 15th filing, since that is for the period ending December 31st. A PR would be nice or at least a statement in the 10QSB.
My top picks are BMKS and ENGY, I think one or both will triple in 3 months. Best source is the SEC filings.
I had to pay .013 also, come on tax-sellers, dump, I want a bucketful for Xmas.
Someone is doing some smart buying at .015. It can't last, no selling and there are few MMs with very little stock. I think the company told me once about 50% of the float was with people who kept their own certificates. I guess the company gets that information from the transfer agent and stock holder lists.
BMKS - BRANDMAKERS INC Company Profile
Last
Sale:
0.017
Best
Bid:
0.012
Best Bid
Depth:
5000
Best
Ask:
0.018
Best Ask
Depth:
10000
MPID Bid Size Ask Size U O/C
NITE 0.012 5000 0.02 5000 O
GVRC 0.01 5000 0.02 5000 O
SCHB 0.01 5000 0.018 5000 O
HILL 0.005 5000 0.018 5000 O
JEFF 0.005 5000 0.03 5000 O
FRAN 0.002 5000 0.02 5000 O
LTCO 0.001 5000 0.07
NTN Communications, Inc. Signs Agreement With Shea Homes
Thursday December 5, 8:00 am ET
NTN to Expand the NTN Network(R) to Active Adult Communities
CARLSBAD, Calif., Dec. 5 /PRNewswire-FirstCall/ -- NTN Communications, Inc. (Amex: NTN - News), the world's leader in interactive communications and entertainment products for the hospitality industry, has signed a formal agreement with Shea Homes, the nation's largest, privately owned homebuilder, to expand the NTN Network® to Shea Homes' active adult communities.
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The partnership reflects the need for active adult community developers to provide additional services and entertainment to the increasing numbers of aging baby boomers who will be trending to these communities in the coming years. The NTN Network, which broadcasts a variety of interactive multi- player sports and trivia games, will initially be launched before the end of December at Shea Homes' Trilogy Communities located in Rio Vista, CA and Gilbert, AZ. The NTN Network will broaden the number of activities that are available to the residents of these communities. "Our Trilogy residents are excited about the addition of the NTN Network to their clubhouse. They are excited about the community connectivity that will be built throughout all the Trilogy families," stated Kathy Wenzlau, Community Director at Shea Homes.
The partnership also underscores NTN's commitment to developing alternative distribution channels and expanding the markets for the NTN Network. "We've learned that as Americans get older, their commitment to the social aspects of entertainment remain very strong, and we're pleased that Shea Homes has demonstrated the foresight by including the NTN interactive entertainment network as part of their innovative adult community at Trilogy," said Mark deGorter, President and Chief Operating Officer of the NTN Network. "Our research indicates that there are in excess of 700 Active Adult communities in the United States, with an estimated 2.7 million homes. Evolving the NTN Network to support alternative, non-traditional markets is a core strategy going forward, as we broaden our offerings to support other entertainment-based establishments and businesses that cater to a captive audience," further added deGorter.
About NTN Communications, Inc.
Based in Carlsbad, CA, NTN Communications, Inc. is the parent corporation of the NTN Network® division and Buzztime Entertainment, Inc., a subsidiary. The NTN Network division, which focuses on the out-of-home hospitality industries, is comprised of the NTN Network and NTN Wireless Communications, Inc. The NTN Network is the largest out of home interactive television network in the world. Through NTN's Digital Interactive Television technology, the NTN Network broadcasts entertainment and sports programming engaging more than 1.7 million players and reaching more than 6 million unique customers each month in approximately 3,600 North American hospitality locations such as TGIFriday's, Damon's, Applebee's, Buffalo Wild Wings, Bennigan's, and others. NTN Wireless(TM) manufactures, sells, and repairs paging equipment to over 2,000 restaurants, as well as providing on site messaging solutions for hospitals, church nurseries, salons, business offices and retail establishments. NTN Wireless also offers enhanced stored-value gift certificate and loyalty programs to improve customer retention. Buzztime Entertainment, Inc., with investment from Scientific-Atlanta, Inc., produces BUZZTIME®, the interactive television trivia channel, and live sports prediction games such as QB1® from its live interactive broadcast studio. Buzztime's partners include: Scientific-Atlanta, Inc., Liberate Technologies, Microsoft Corporation's MSN®TV and the National Football League.
About Shea Homes
J.F. Shea Co., Inc. together with its affiliates and subsidiaries is one of the nation's largest builders and developers of master planned communities, homes, apartments, offices, industrial parks, neighborhood and community shopping centers and also operate as a civil infrastructure contractor and venture capital investor. The company is privately owned and has been in business for over 120 years. Shea's growth has been both internal and through acquisitions, including the 1997 acquisition of Mission Viejo Company and the 1998 acquisition of UDC Homes, Inc. with a combined transaction value of approximately $940 million. Further information may be obtained by visiting J.F. Shea's website at www.jfshea.com .
This release contains forward-looking statements, including statements relating to future growth opportunities and strategies, which are subject to risks and uncertainties including changing economic conditions, product demand and market acceptance risks, the impact of competitive products and pricing and other risk factors detailed in the NTN's Securities and Exchange Commission filings, including its Report on Form 10-K for the fiscal year ended December 31, 2001. NTN disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For further information, please contact John P. Salvador, Director, Investor Relations of NTN Communications, Inc., +1-888-752-9686, ext. 1180, John.Salvador@ntn.com
I guess we just have to drop a dime and call him. I'll ask uncle John to do that
Tim baby, do something, even if it's only tell the world you are the new CEO and INTEND to do something. Shout it from the roof tops or at least in a PR
WHAT ABOUT THESE APPLES?
Gamosity, the games and vending division of Brandmakers, Inc. imports and manufactures skill machines for amusement and redemption purposes in addition to their line of vending machines. In July, the State of Georgia banned the use of all games of chance. This included video poker, 8 liners and blackjack machines. Consequently, it is estimated that in excess of 40,000 machines had to be picked up and taken out of locations. This created an opportunity for our skill machines such as the Royal Magic, reported Geoff Williams, so we requested and received a legal opinion so that we can commence ordering the equipment necessary to manufacture and place these machines.
That's next week
Time to use more of that spare change before turkey day.
About our new CEO, via RB
From Atlanta Business Chronicle Nov. 2001:
Computer shop upgrades its future
Mary Jane Credeur Staff Writer
A year ago, computer equipment upgrade shop TradeUps Inc. was $2 million in debt and riding the downward spiral that forced its incubator, eHatchery LLC, out of business this year.
Today the 2-year-old company has a new CEO, an infusion of $5.6 million in venture capital and a new business plan that caters to big-money computer manufacturers like Dell Computer Corp. (Nasdaq: DELL) and IBM Corp. (NYSE: IBM) to take old equipment out of a saturated personal computer market.
"I adored the concept the very first time I saw it, but the company had some weaknesses," said Timothy Minard, a Wisconsin native who made millions on an earlier start-up and now backs a venture firm called Minard Ventures. "The burn rate was too high, and there wasn't a clear enough focus."
Minard was named CEO of TradeUps early this year, and immediately redrafted the company's business plan to veer away from individual consumers and go after major manufacturers who have a financial incentive to replace old equipment with newer versions.
The new CEO invested $500,000 of his own cash and helped the company raise its $5.6 million series B extension round, which closed in mid-November, bringing the company's lifetime funding to $8 million. Investors include Cordova Intellimedia Ventures, which led the round, Noro-Moseley Partners, Total Technology Ventures, Atlanta Technology Angels and Imlay Investments Inc.
TradeUps matches computer manufacturers with companies that recondition used equipment and redistribute it to schools, youth organizations, charities and others. TradeUps gets a contract fee ranging from a few thousand dollars to hundreds of thousands of dollars for each sizable transaction.
An estimated 113 million personal computers were sold in 2000, according to research by The Gartner Group Inc. (NYSE: IT), possibly displacing tens of millions of outdated PCs each year.
"Companies do what we do, and they store [old] equipment in a warehouse until it builds up, then they do a big sweep and get rid of it," said Frances O'Brien, who tracks computer obsolescence for Gartner.
So TradeUps acts as a go-between to find companies or organizations with a large number of used computers and match them with firms that refurbish or resell. The value of the traded-in goods goes toward the purchase of new equipment, which attracts manufacturers because it provides an incentive to consumers to buy the latest equipment. Earned credit usually runs in the 10 percent range of the value of the old computer.
"People are much more willing to buy a new computer if they can get $100 or $150 for the old one," said Steve Nussrallah, a principal with Noro-Moseley who oversaw the deal and now sits on the TradeUps board.
There are several dozen Web-based companies across the nation that take trade-in computer equipment and apply the value toward new goods, but few, if any, have formal support from the major manufacturers. In addition to IBM and Dell, TradeUps has agreements in place with Hewlett-Packard Co. (NYSE: HWP) and Eastman Kodak Co. (NYSE: EK), which makes digital cameras, printers and scanners.
Frank Dalton, managing director of Cordova, said TradeUps' service is a way for manufacturers to gain market share by "buying up" old equipment made by their competitors and applying the value to machines they make.
TradeUps wasn't always so focused. The company was founded in 1999 by former Innotrac Corp. vice president Joel Holtzman as a marketplace for individual consumers who wanted to get rid of old electronics, but that revenue model didn't work well, investors said.
The company was housed initially in the eHatchery high-tech incubator at Southern Dairies in Midtown.
After dramatically cutting its staff and shifting to a technology consulting model early this year, eHatchery shuttered its windows around the same time Minard Ventures bought out eHatchery's stake in TradeUps.
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Wonder what the new guy has in mind for his role?
BUYING COMING IN