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All I can think of right on the CBQ Shareholder Meeting Questions List:
General Information:
1. When will the D&O Insurance be acquired so the BOD will be put into place?
2. When will the new board replace the old board?
3. When will proxies be done to vote on this new board?
4. Status on key people to fill voids in the Management infrastructure such as a VP to oversee all traffic for the “China Bridge”? ( Lei Liu 9-5-2000)
5. VP to head up the E-Business Service Division?
6. VP to head up the Internet Services Division?
7. VP to head up the E-Commerce Services Division?
8. CIO to head up the Data Mining Division?
9. What financing does CBQ have to pursue the overall business plan?
10.
B2B / B2C Services:
1. When do they intend on have a sales & marketing force in place?
2. What Global B2B Portals are they considering on going to be focusing on?
3. What Global B2C Portals are they considering on going to be focusing on?
4. Will Bid4it play a major role in the B2C Global Auction Site Portals?
5. Are they considering expanding the US based Content Provider Portals?
6. Are they considering expanding the Global Content Provider Portals?
7. Aside from Asia, US, & Mexico what are Global Regional Portals are they considering?
8. What Vertical Market Portals (portals that focus on specializing in specific industries or markets)?
9. What Global Trade and Commerce Portals are they considering?
10. What Distribution Gateways are they considering?
11. What Content or Content Alliances are they considering?
12. What Partnerships, Alliance and JVs are they considering?
13. How does MicroSoft’s distributor <Technology Net> fit into all of this?
14. What plans are there to capitalize on surplus products and inventories in China & USA?
15. How does EmbeddedISP fit into the overall plan of things?
16.
Software Development for e-Business/e-Commerce Systems:
1. When do they intend on have a sales & marketing force in place?
2. What products are being considered (e-Business Software Systems & Applications) to resell and utilize as part of their end-2-end Solutions?
3. Are there plans to develop in-house various strategic e-Business (“CBQ” Brand or “ChinaSoft” sounds more professional that “First In China”) solutions software?
4. If there are then what are the plans to market the “CBQ” Brand e-Business Products? Portals? JVs?
5. Are there any plans to possibly outsource on-line processing?
6.
On-Line Processing Services:
1. When do they intend on having a sales & marketing force in place?
2. How will “Priority One” and “Priority Link” fit into the overall plan?
3. Does the questions for Software Development also apply to this division?
4.
Internet Services:
1. When do they intend on having a sales & marketing force in place?
2. Are there plans to expand items like Web Hosting, Internet access, etc.?
3. Does CBQ plan to enter the US-domestic and International Global service provider arena?
4. Are they considering Alliances, JVs or partnership to implement this?
5. What is the status on the ISPs already announced in China, Mexico, etc.?
6. How will this assist the “China Bridge” traffic?
7. How will this generate revenues since “Priority Link” is a free service Banner Advertising is not as solid as it was a year ago so are there other resources?
8. Are there plans to incorporate the Wireless Web this year?
9.
Data Mining:
1. When do they intend on having a sales & marketing force in place?
2. Does CBQ have a strategy for this particular Revenue Model?
3.
If you got one post it …
Gary
More CBQ Shareholder Meeting Question List:
General Information:
1. When will the D&O Insurance be acquired so the BOD will be put into place?
2. When will the new board replace the old board?
3. When will proxies be done to vote on this new board?
4. Status on key people to fill voids in the Management infrastructure such as a VP to oversee all traffic for the “China Bridge”? ( Lei Liu 9-5-2000)
5. VP to head up the E-Business Service Division?
6. VP to head up the Internet Services Division?
7. VP to head up the E-Commerce Services Division?
8. CIO to head up the Data Mining Division?
9.
B2B / B2C Services:
1. When do they intend on have a sales & marketing force in place?
2. What Global B2B Portals are they considering on going to be focusing on?
3. What Global B2C Portals are they considering on going to be focusing on?
4. Will Bid4it play a major role in the B2C Global Auction Site Portals?
5. Are they considering expanding the US based Content Provider Portals?
6. Are they considering expanding the Global Content Provider Portals?
7. Aside from Asia, US, & Mexico what are Global Regional Portals are they considering?
8. What Vertical Market Portals (portals that focus on specializing in specific industries or markets)?
9. What Global Trade and Commerce Portals are they considering?
10. What Distribution Gateways are they considering?
11. What Content or Content Alliances are they considering?
12. What Partnerships, Alliance and JVs are they considering?
13. How does MicroSoft’s distributor <Technology Net> fit into all of this?
14. What plans are there to capitalize on surplus products and inventories in China & USA?
15. How does EmbeddedISP fit into the overall plan of things?
16.
Software Development for e-Business/e-Commerce Systems:
1. When do they intend on have a sales & marketing force in place?
2. What products are being considered (e-Business Software Systems & Applications) to resell and utilize as part of their end-2-end Solutions?
3. Are there plans to develop in-house various strategic e-Business (“CBQ” Brand or “ChinaSoft” sounds more professional that “First In China”) solutions software?
4. If there are then what are the plans to market the “CBQ” Brand e-Business Products? Portals? JVs?
5. Are there any plans to possibly outsource on-line processing?
6.
On-Line Processing Services:
1. When do they intend on have a sales & marketing force in place?
2. How will “Priority One” and “Priority Link” fit into the overall plan?
3. Does the questions for Software Development also apply to this division?
4.
Internet Services:
1. When do they intend on have a sales & marketing force in place?
Data Mining:
1. When do they intend on have a sales & marketing force in place?
:
Gary
CBQ Shareholder Meeting Questions List:
General Information:
When will the D&O Insurance be acquired so the BOD will be put into place?
When will the new board replace the old board?
When will proxies be done to vote on this new board?
Status on key people to fill voids in the Management infrastructure?
VP to head up the E-Business Service Division?
VP to head up the Internet Services Division?
VP to head up the E-Commerce Services Division?
CIO to head up the Data Mining Division?
VP to oversee all traffic for the “China Bridge”? ( Lei Liu 9-5-2000)
When do they intend on have a sales force in place for each of the Revenue Models?
B2B Services:
1.
On-Line Processing Services:
1.
Software Development for e-Business/e-Commerce Systems:
1.
Internet Services:
1.
Data Mining:
1.
Gary
CBQ Inc. Names China Operations Coordinator
Business Editors
WASHINGTON--(BUSINESS WIRE)--Sept. 5, 2000--CBQ Inc.,
(OTCBB-CBQI.OB-news), the E-Business Marketplace, announced today that
Lei Liu has been appointed China Operations Coordinator for CBQ.
Lei Liu will be responsible for coordinating the establishment of
software development teams from China, liaison with CBQ
telecommunications joint ventures in China, and import and export
trade opportunities. She will be based in Washington, D.C. and travel
to China as required on particular projects, including a trade
development mission to China on September 25, 2000.
Lei Liu has received her M.A. in International Relations from the
Johns Hopkins School of Advanced International Studies in Washington,
D.C., and was an Information Technology reporter and analyst for six
years in Beijing, China, for the Xinhua news agency of the People's
Republic of China.
"Lei Liu will spearhead the development of our business
relationships with China, and we are delighted that she has joined the
new CBQ team. Her training in demanding academic evironments in the
United States and China, and experience in the Information Technology
sector, will provide CBQ with an invaluable resource," said Bart S.
Fisher, Chairman and CEO of CBQ, Inc.
About CBQ, Inc.
CBQ, Inc. The E-Business Marketplace is a total end-to-end
provider for implementing customer-driven e-business solutions.
Through its subsidiaries, Quantum Technology Group, Reliance
Technologies, Inc. and Priority One Electronic Commerce Corp., it
provides a full range of networking services, software development,
and web-based solutions, as well as information technology outsourcing
resources. For more information on Quantum Technology Group, visit
www.qnettech.com. ChinaSoft, Inc. is a wholly-owned subsidiary of CBQ,
Inc. that is a joint venture partner with CCSoft Technology
Developing, Ltd. Its services include Software Development for
Enterprise computing and Internet development. For more information
about CCSoft, visit www.ccsoft.com.cn. China Wireless, Inc. is a
subsidiary that is developing telecommunications projects in China.
China Partners is a subsidiary that facilitates international trade
and investment opportunities between companies in the United States
and China. For more information on CBQ, Inc., visit www.cbq.com.
This news release includes forward-looking statements related to
CBQ Inc. that involve risks and uncertainties, including, but not
limited to, quarterly fluctuations in results, the management of
growth, market acceptance of certain products and other risks. These
forward-looking statements are made in reliance on the "safe-harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
For further information about these factors that could affect CBQ's
future results, see the company's filings with the Securities and
Exchange Commission (the "Commission"). Prospective investors are
cautioned that forward-looking statements are not guarantees of future
performance. Actual results may differ materially from management
expectations.
--30--eb/ny*
CONTACT: CBQ Inc.
by
Joan Worden Public Relations
Joan Worden, 202/337-5411
Not as of yet. You need to get the ticker on this site ... GAMZ so it can be pulled up when people input the ticker
Gary
Hmmm ... That didn't work so http://www.marketex.net/trading.net is where I have the database on line.
:-0 Gary
I have just finished the database on the trading tracking the oversell. Here is the resistence levels or the AMSC estimate
calculation for covering the oversell. ($3.50 - $4.09)
Month Close High Low Volume Oversell Over % Over $ AMSC Days
09/30/2000 $0.78 $0.94 $0.69 100,700 14,900 15% $11,622.00 $0.78 1
08/31/2000 $0.78 $1.42 $0.74 2,243,200 364,365 16% $297,020.83 $0.82 17
07/31/2000 $0.47 $1.63 $0.44 3,168,600 475,290 15% $387,194.10 $0.81 20
06/30/2000 $0.72 $1.75 $0.44 1,355,400 203,310 15% $170,821.65 $0.84 20
05/31/2000 $1.13 $3.38 $0.94 765,500 114,825 15% $217,304.70 $1.89 23
04/30/2000 $3.06 $9.88 $2.75 653,315 133,464 20% $694,356.70 $5.20 19
03/31/2000 $5.44 $10.50 $4.50 472,232 82,558 17% $644,163.90 $7.80 22
02/28/2000 $9.50 $15.00 $8.50 452,578 69,102 15% $799,706.81 $11.57 22
01/31/2000 $13.50 $16.88 $8.69 1,246,894 256,302 21% $3,456,534.24 $13.49 20
12/31/1999 $8.38 $9.50 $1.50 1,388,425 348,131 25% $1,746,605.51 $5.02 23
11,846,844 2,062,247 Avg. $ $8,425,330.44 $4.09 186
144 Dilution (259,217) $9.47 $(2,073,736.00)
Est. Over 1,803,030 $6,351,594.44 $3.52
Better than speculation and hype. I prefer the actual facts and events. Hopefully this next week will be a great one.
Gary
Excellent DD gemmerling. Excellent. Welcome to the ihub network of chat. Now that is what everyone should provide ...
Gary
What's new at CBQ has a new letter from the new President John Moran. The site has changed and they are working on the content.
Moving right along.
http://www.cbq.com/news.html
Gary
At the top of your screen there is a blue URL live with hyperlinks... the second hyperlink is "Live Chat" Click on it and it will take you the ihub live chat area which is like IRC. you can go there and talk live. however, I have to open two screen or rather explorers ... one to talk live and one to monitor the message boards.
But I am really liking this site. Oh plus the intergration of email.
Gary
Yep, he is according to him e-mail. Seems the master of charting is getting attention in the war to combat shorters. We both know he has a following and though most are day traders he does has a base of solid position traders. Now those are what gives him the ability to nail the shorts into covering.
They slowly buy up the resistence ... Doing so the double prints start. Once they start he heats up the charting which is the increase in volume. Double proints are a false volume report.
As I have studied the man and his tactic he is very good at nailing and forcing shorts to cover. His most notable effort was AFTI.
Also once he is paid he has a problem with scalping ... also a problem if he puts out an untruth to the charting. When he mentioned this one I did the DD in its newest. sure enough pretty solid and it had been shorted. His TA matching my Bard Math so I am going to hang in here.
But if you want give me one you are charting and I will do my thing of DD on it. About the only way to combat the shorts and MMs for a level playing field.
Gary
According to what I have been able to discover the figure is about $50M ... But I do not have any idea of existing or pending contracts. Either way Contanza is going to be the construction for all that Cala is about to do ....
This should get interesting very soon considering the amount of construction that will be upcoming in the various diversification Cala has underway.
Gary
On the "Live Chat" Function here on ihub. Click on Live Chat above next to logout and I have a live chat room set up for discussing whatever.
Gary
I have my own live chat room now. Gary
Exactly, love the live chat area ... this is SI and IRC rolled into one. plus it does not have the selective BS of RB.
Gary
Tidelands Oil & Gas Corporation, The stock has traded from $0.3875 & $4.00 and currently trading at $0.48.
This is a "Best Effort" Profile and there are no assurance that it is without flaws. No compensation was promised or paid for this report. It is the Due Diligence of the author and not for the replacement of one's own personal DD.
The Stock Structure: (As Per Transfer Agent)
Shares Out: 17,880,489
Restricted: 9,665,624
Float: 8,214,865 (5,100,000 Inside / Friendly 504 - 144 & 3,100,000 Public)
Business Summary:
TIDE is in the Business of Pipeline operation with gas & oil production. For the past 20 years they have been oil & gas developers in Texas. Estimated oil reserves is approximately 75,000,000-100,000,000 barrels. Since I am not an engineer, I cannot put a dollar value or amount on these reserves since the reserves can be taken out over a another 50 year time frame. However, TIDE owns 150 wells and has hard assets value of $11,500,000.00 including their 65-mile pipeline covering three counties. They have an estimated annual revenue of $10 million from its 50% interest in a pipeline; gas processing joint venture. The Rio Bravo gas plant is located Maverick County, Texas. The oil and gas leases are located in Maverick and Dimmit Counties, Texas.
TIDE is actively pursuing other acquisitions, exploration & development of oil & gas properties and marketing its crude to refineries on the lower Gulf Coast of TX. Unlike most oil & gas exploration companies, Tidelands' management foresaw the downturn in oil & gas prices in the mid-90s. Also they recognized a vital market for liquefied natural gas products within 20 miles of their property. This is a critical advantage over the only supply competition, which is 200 miles away. They have wisely diversified into the market place to exploit the situation in the industry. When the price of oil & gas hit bottom a few years back, TIDE shut down many of its producing wells. Since the price came back to a reasonable and profitable range, TIDE has begun to reopen those wells. Coupled with the move into the pipeline and gas processing plant establishes this company to be in a turnaround mode.
Tidelands Oil & Gas Corporation is the parent company of two wholly owned Texas subsidiary corporations: Tidelands Oil Corp., & Tidelands Gas Corp. TIDE's management collectively has in excess of 100 years of experience in all phases of the oil & gas industry. Tidelands Oil Corp., formed in 1985, has $2.8 million assets. It owns & has operated approximately 150 oil wells on about 3,600 acres of oil & gas leases in Maverick County, TX. Tidelands Gas Corp., formed in 1996, has assets of pproximately $5.6 million. It owns & operates several gas wells on 2,800 acres in the same county.
TIDE’s joint venture partner is Hudson SVD, LLC, a wholly owned subsidiary of Falco Energy Services, (FALCO) & CLECO Energy, LLC, created Rio Bravo, which operates the gas processing plant. Sonora pipeline LLC operates a gas pipeline, which feeds the gas processing plant. This joint venture creates a excellent potential revenue stream for TIDE.
These revenues are supported by long-term contracts giving the company a secured revenue stream & solidifying its existence & ability to expand. This venture calls for Hudson SVD, LLC. to provide all the funds necessary to test, repair, manage, & operate the gas processing plant & pipeline.
CONOCO owns/controls the northern approximately 20,000 acres of a productive area overlying the San Miguel field, & TIDE acreage is located on the southern 1/2 of the field.
All of the gas produced by CONOCO's 3,000 gas wells is transported by the Sonora pipeline & processed by the Rio Bravo Energy LLC processing plant. TIDE owns 50% of each of those potentially very profitable operations.
TIDE announced on 12/20/99, Rio Bravo entered into a natural gas processing agreement with Merit Energy. All the natural gas produced by Merit from its Pena Creek property is being processed by Rio Bravo beginning 12/6/99.
TIDE's Texas holdings of oil properties include 3,600 acres in Maverick County. The estimate of recoverable oil is as high as 100,000,000 barrels. This is enough to last another 50 years.
The wells adjoin Continental Oil Co. (CONOCO) leases. CONOCO is a major oil & gas company. To date, the CONOCO leases have produced in excess of 37 million barrels of oil & 20 billion cubic feet of gas. TIDE's natural gas properties include 2,800 acres. The total recoverable gas reserves underlying all the acreage is estimated to be in the range of 5 billion cubic feet.
Management:
Michael Ward is the President and Chief Executive Officer. Michael Ward has served in his present capacities since October 21, 1998. He is Vice President and Chief Executive Officer of Tidelands Gas Corporation. He is a Manager and Vice President of Development of Rio Bravo Energy, LLC. Mr. Ward has more than 25 years of diversified experience as an oil and gas professional. He was educated in business management and administration at Southwest Texas State University and the University of Texas. He has wide experience in the capacity in which he successfully served in operating oil and gas companies in the United States. During the past 20 years, he has been associated with Century Energy Corporation where his duties and responsibilities were production and drilling superintendent and supervised 300 re-completions and new drills in Duval County, Texas. In association with Omega Minerals, Inc., where he was vice president and part owner, he operated 65 wells in 23 counties in South and West Texas: 17 wells in Seminole and Osage Counties, Oklahoma, 44 wells in Neosho and Wilson Counties, Kansas and 125 wells in Brown, Pike, Schuyler and Scott Counties. Illinois. He was president and owner of Major Petroleum Company. He drilled, completed and produced 42 wells in South and West Texas counties. The company was sold. With Tidelands Oil Corporation, his duties included supervising and performing remedial well work, work-overs and economic evaluation of the corporate properties. The primary area of interest was in Maverick County, Texas. He has performed project financing analysis and consulting of refinery acquisitions for the Yemen government. Currently, he is negotiating new gas purchase and sale contracts, supervising and administering the sale of gas line connections and hookups.
Royis Ward is the Secretary/Treasurer and director of the Company. He is a Manager of Rio Bravo Energy, LLC and Sonora Pipeline, LLC. He is an oil and gas professional. He has been engaged in the oil and gas industry since graduation from Tyler Junior College, Tyler, Texas in 1952. Initially, he was employed as a production superintendent and landman for Coffield & Guthrie, Inc., a large independent oil and gas operator and thereafter placed in charge of pipeline and drilling operations from 1952-1955. In 1955, he began to develop oil and gas properties for his own account as an independent oil and gas operator throughout the southwest until 1962. At that time, he became President of Omega Petroleum Corporation, Shreveport, Louisiana. Thereafter, he continued as an independent oil and gas operator drilling individual in excess of 50 wells in the South Texas Area. In 1968, he became the President and CEO of Omega Minerals, Inc. and was instrumental in acquiring vast oil and gas properties by drilling, development, and re-acquisitions. In 1985, Tidelands Oil Corporation, a Texas Corporation, was formed for the purpose of drilling and developing oil and gas properties in South Texas. He presently serves as President of Tidelands Oil Corporation with emphasis primarily devoted to acquisitions of oil and gas properties.
Ahmmed Karim Vice President and director of the Company. He is a graduate of Simon Fraser University. He holds a degree in Business Administration, specializing in marketing and international business. Since 1995 his business experience includes work with Quest Investments Group and Interworld Trade and Finance where his responsibilities included marketing, finance and investor relations.
Notes:
The pipeline/processing joint venture appears to be a win-win situation for TIDE, with the potential to generate an estimated $834,000.00 a month in revenues. Bottomline is TIDE is laying on the floor at .48 and in a turnaround situation with an experienced management team that has worked the 150 well lease site (well proven with no dry holes) for 20 years plus the pipeline can handle 30 million cubic feet of gas per day. Also this property is adjacent to high production CONOCO site with 3,000 operating wells, the production, of which, is handled by the pipeline & processing plant in which TIDE has a 50% interest
Contact
Call CEO Michael R. Ward @ 361-241-7748, fax 361-241-5292, or call Jonathan Leibensperger (IR) @ 888-212-7413, or write 9309 North Star, Corpus Christi, TX 87409
CCAA Profile by Gary Swancey
Cala Corporation
100 N. Broadway, Suite 1890 Oklahoma City, Oklahoma 73102,
(405) 235-4960
Remember do you own research, DD and Verification
Management:
Joseph Cala, Chairman of the Board, Chief Executive Officer, President, cala@calacorporation.com
Joseph J. Johnston, Vice President and Secretary, johnston@calacorporation.com
Gary Modafferi, President, Modaferri Subsidiaries, modafferi@calacorporation.com
Stephen Ko, Chief Financial Officer
Stock Structure:
Shares Outstanding: 35,652,404 / Float: 9,768,417
17,778,172 Cala Family 8,105,815 restricted
As of last filing Transfer Agents numbers: OS 47,933,268 / restricted 38,352,687 / Float 9,580,581 (note float reduced almost 200K
ADP 5, 78,161 street name 5-21-2000 & 575 holders of record
6-29-2000 Stock reduction announcement consisted of 7.382M voluntary return, 2.301M canceled & 8,750 stock buyback
The Board of Directors has approved a corporate buyback of up to 1 million shares of stock. The stock purchased by the company will come out of the open market and will be placed in the corporate treasury, thereby reducing the publicly traded float by such an amount of shares. This is anticipated to begin upon arriving back from Italy, which should be in approximately 4 weeks. Presently, only 8,750 have been purchased.
Overseas trading basically requires a bank for a stock to come up and trade. Credit Suisse Bank has agreed to sponsor getting CCAA up and trading in Italy and throughout Europe with the first effort in Frankfurt, Germany. In the meantime investors wishing to purchase CCAA in Europe can now do so directly through Credit Suisse of Italy. One interesting note here is the European Markets are merging so this could be a while yet. One more powerful note is CCAA is the only penny stock that Credit Suisse Bank has under their wing. Here in the states First Boston
Present Revenue Streams:[\b]
Nichols Hills 6430 Avondale Drive Oklahoma City, OK 73116 (3,650 sq. ft. - 3 year lease with approximately $60,000.00 a month revenues (12 * $60K = $720,000.00 annual)
San Giuseppe Molino, an Italian mill and bakery franchise as of June 15, 2000 $420,000.00 a month revenues (420K 8 12 = $5,040,000.00 annual)
Legal Proceedings:
Oklahoma Tax Commission the payment plan has been paid in full.
Bowne and Co., Dallas, Texas was settled for 10,000 shares of common ($6,500.00 / 10,000=.65 per share as the aggregiate cost basis)
Country Club Associates, which is in the finalization of settlement for 15,000 shares of common ($13,000.00 / 15000=.87 per share as the aggregiate cost basis)
About the Company:
J. Joseph Cala, age 39, is the "Goodwill" of Cala Corporation who owned the U.S. expansion retail stores rights to the Fila Sporting Goods, of which, he built 33 stores over 7 years and sold them to Fiat once Fiat acquired Fila. According to the filings, he began his career in the late sixties in the hospitality industry, rising to top management in the most prestigious resorts and hotels around the world. Also, Mr. Cala was President and Chairman of Cala Group doing business as: Fila Sportwear, USA; Mondi Fashion, USA, L'Italiano Restaurants, Cala Hotels, Inc., L'Italiano Weddings in Hawaii and Japan, Cala Investment, Inc., Hydrogen Future Inc; Undersea Resorts for over two decades; Cala Institute (a non-profit organization) established to assist disadvantaged youth. One note is the Cala family has been a major recognized force, icon so to speak, in Italy, which accounts for how Joseph has no problem with negotiating the mega $$$ deals overseas. Lets face it, it is not what you know but who you know that opens doors and creates opportunities.
Simply, he is an international developer and operator of hospitality businesses that was looking to make his mark by taking Cala Corporation’s corporate destiny into a public company. In October, 1999, he finally found the corporate vessel to bring Cala Corporation public. Thus, the acquisition of Creative Restaurant Concepts Inc., Oklahoma that was struggling and almost bankrupt due to massive debts. Seeing a vital business opportunity Mr. Cala rolled up his sleeves and went to work. After only six months, Mr. Cala’s efforts resulted in transforming the business operations to a profitable and debt-free corporation. He did this the old fashion way by securing the rights to purchase 90 % of the common stock of 10 of the largest shareholders of Creative Restaurant Concepts, Inc. in return he agreed to pay 50 % of their payable notes. He bought 100% of the debt for 50% of the money and then once he had acquired the notes, he retired the notes in exchange for shares of 3 year-restricted common stock.
Once completed this new debt-free public company immediately began making progress with a handful of projects to increase shareholder value and establish the infrastructure of its overall business plan and vision. The following is what has transpired to date:
1. Develop the worlds first Undersea Hotel/Casino.
2. Develop Extended Care Facilities in conjunction with golf courses,
3. Develop a chain of Italian style restaurant/coffee shops named Caffe L' Italiano.
4. Develop the franchise in San Giuseppe Molino Mill and Bakery Based in Silicy. (Audit in process through KPMG) (CCAA has 51% control)
5. Actively seeking hospitality related businesses for acquisitions.
Within a short period of time Mr. Cala has transformed Cala Corp. has into an international holding merger, acquisition, and asset management company based in Silicon Valley with headquarters in Oklahoma City plus overseas offices in Honolulu, San Cataldo (Cala Family), Tokyo, and Milan (Cala Family). Basically, 11-12 core staff people and about 6 part-time employees comprise these main offices, not counting the existing infrastructure.
CCAA has acquired Cala Hotels, Inc., a Hawaii Corp. who, since 1996, has been working on a one of a kind very unique project, the development of an Undersea Resort and Casino. Is this possible or just a pie-n-the-sky scenario? Well CCAA has aligned itself with some tactical/strategic alliances such as:
Guido Perla & Associates, Inc. of Seattle, Washington as the naval architect, to provide the design and engineering and should be the marine electrical and mechanical engineers for the outer structure (shell). Presently, GPA has proposed three shell designs that could be developed into Cala's four-phase progression. (Under contract and pre-paid $100K)
Economics Research Associates (ERA) has been retained to assess the economic feasibility and market demand for various proposed locations around the world. (Paid $10,000 as retainage and the plans should be ready in 2 weeks for world wide site location visibility)
Wimberly, Allison, Tong and Goo Architects in Honolulu have been retained for $10,000 to provide architectural plans, not provided by GPA, for Internal development of GPA’s approved underwater shell.
Please note, this is merely a non-mobile luxury submarine (military technology) that will be totally built on shore and submerged to be anchored at a select site just off shore. The depth should be no more than 60 feet below the surface. Access will be a glorified elevator. A lot of windows will give the casino a real live scene of the ocean.
Now even though much of the company's (Cala Hotels, Inc.) focus has been in Hawaii, Japan, and the Far East, CCAA apparently plans to expand the development of this visionary type hotel to set up various strategically located sites throughout the world. Presently, Cala Corp. is in negotiations with other interested international gaming and entertainment industry to research potential partnerships and alliances.
Another development is a signed a $150 Million (AGS.srl’s Projection) Hotel development contract to build a five-star hotel in Istanbul, Turkey. CCAA (51%) entered into a joint development partnership with AGS srl. (49%) with headquarters in Caltanissetta, Italy, a Southern Italian engineering and architectural firm. Presently, AGS’s architectural plans and specifications are due in the near future and AGS has an agreement The Bank of Rome to provide financing for the project. CCAA, on the other hand, is continuing its pursuit and negotiations to secure the management contract for the hotel operations.
Please note, CCAA will not and does not own this hotel. They are the developers that will gain 10% of the project fee, which will split 51/49 with GPA. If the projected estimate is accurate then the 10% fee should be $15M. What is very important about this arrangement is for CCAA’s estimate gains (with NO up front money) of $12.597 over a 3-year CPM (Critical Path Method) with estimated advances with every 25% project completion.
On this same note, CCAA (51%) has a signed $247 Million (AGS.srl’s Projection) development and construction agreement with AGS srl (49%) for a water distribution system in Turkey. The architectural plans and specifications will be completed by AGS srl and the financing is expected to come from the Turkish government through the issuance of municipal bonds.
Please note again, CCAA will not and does not own this water distribution system. They are the developers, which will gain 10% of the project fee. They will split 51/49 with GPA estimated $24.7M. Now that makes CCAA’s estimate gains (with NO up front money) $7.650M over a 3 year CPM (Critical Path Method) with estimated advances with every 25% project completion.
With the strategical and tactical vision well in play for the business plan, the next step in this overall vision is the construction side to take the finished plans and make them a reality and thus further capitalize on the projects. CCAA is addressing this next step by pursuing an acquisition of Costanzo Industires construction side only to do the construction of the 5-star hotel and water system in Turkey. Now CI is a leader in hotel and resort construction in Southern Europe and is located in Sicily with offices all over Italy.
Note: the train and hotel sides of CI are not included in the acquisition. Presently, it is in the government hands for approval.
Recently, CCAA announced the acquisition of a 51% interest in San Giuseppe Molino, an Italian mill and bakery franchise. It is CCAA’s intent, pursuit and hope to quickly open their first bakery/cafe in San Cataldo, Sicily with a 5-year goal to have 100 franchise locations expanded into European, American and Japanese markets. Already CCAA has brought on board Gary Modaferri and Dennis LeBlang to oversee the development.
Next comes another division, the 51% acquisition in B-Tec of Italy, who is the owner of an exclusive manufacturing agreement with U.S. Corporation E-Tech, to pursue the production of cellular and 26 other type of rechargeable batteries except automobile, in Italy. It is expected that the production should be online by December 2000. Presently, a lease has been signed for a 17K square foot warehouse facility in San Caltdo, Italy. It is their pursuit that the first plant assembly line configuration will produce 4.5 million cellular units to grow to 4 lines. The production capability of the plant will be upgraded to produce nine million dollars hopefully by the second year, which should grow to $36M when all 4 lines are on line. In order to reduce the intital cost of the project by $1.75M the executives from the participant companies voted to amend the original B-Tec/E-Tec agreement to include an E-Tec assisted marketing effort in Italy in exchange for a 2% royalty accruing to E-Tec on all products sold. This marketing campaign sole purpose is to insure that all batteries produced will be pre-sold.
In regards to 23-story office building the offer to purchase means that by October 4, 2000, CCAA has to submit a completed negotiated restructure proposal. The building appraises for $40M … this reminds me of "Pretty Woman" scenario. This is merely an acquisition and sale scenario by which CCAA will benefit from the deal. It is unknown at this time if the deal will go through or what the plans are should it close. However, CCAA is the sole candidate, approved by the Court, to negotiate with the creditors. This is why it is news worthy.
CCAA announced that Corporate Records documentation has been submitted and has been approved for listing in Standard & Poor's for publication. Detailed historical, business, and financial information were included in the corporate profile. This allows brokers in 35 states under the Blue Sky Law to talk about CCAA. This should definitely improve the public attention and market.
Bard Notes:
I believe that Joseph Cala has a mission. He has effectively gone out to cost effectively demonstrate how to take a public trading penny stock shell on the verge of bankruptcy and create a NYSE stock. In an industry fraught with mediocrity, he is proving himself as an intelligent savvy professional that can get things done. On his quest to build this corporation, it is quite apparent he can easily handle the complex negotiations and has a nose for business opportunities to build shareholder value.
Personal Analysis of CBQ, Inc
by Gary Swancey
Note: this is not a compensated communication nor a buy/sell advisement. It is merely a communication for information purposes only. I am the ex VP of Investor Relations a year ago. I have 50K options @ $2.125 good for 5 years.
Prelude: In my 3 years on line, I track the stock structure for dilution or shorting. It is one or the other in my opinion. If it is shorting then that is someone selling what they do not own for the purpose of harming the company and personal profit. If it is dilution then it is time to move on and find another stock. Bottom line is I am looking for a stock that has the potential to be a major force like CMGI when it was trading at .60 on the OTCs back in 1997.
So in evaluating a company's fundamentals, I look at ten key factors, and then rate the company with a possible 10 for each factor for a total out of 100. CBQI has about a 75 presently due to unknown financing arrangements and efficient infrastructure is not fully in place. I want to accumulate before this personal evaluation reaches 100. On CBQ these factors are what I consider in a long-term investment and there are no assurances the following is without flaws:
Item # 1 Stock Structure:
How much stock is outstanding and restricted?
As of Friday August 25, 2000 according to the Transfer Agent there was 68,899,211 Outstanding with 62,828,065 Restricted Stock giving CBQI a free trading float of 6,071,146 in the Free Trading Float, of which, 3,172,831 Free Trading, 240,217 dilution from 144 since December 1999, 2,658,098 is the present 144 filed this quarter leaving 3,413,048 Public Hands/ Float.
What does the outstanding stock represent?
18,000,000 2 years Restricted Cyber Quest (November 19, 1998)
1,000,000 2 years Restricted Reliance Technologies (March 15, 1999)
900,000 2 years Restricted Priority One (April 9, 1999)
4,233,200 2 years Restricted Global Logistic Partners (May 11, 1999)
30,000,000 2 years Restricted ChinaSoft (December 1999)
11,593,180 2 years Restricted Quantum Net (August 2000)
280,000 S8 Options @ $.050 in 1998-1999
2,000,000 Post Reverse Split
411,662 $2.125 Exercised Options
481,169 Unknow or Misc. Quantum Net Aquisition
=========================================
68,899,211 Outstanding.
How large is the public float vs filed 144?
Float is 6,071,146 minus estimated 144 this quarter of 2,658,098 = 3,413,048 as of August 25, 2000. No real sign of dilution by 144 holders. However, 240,217 shares of 144 have made it into the market since December 1999. This stock fell from $16.875 on tiny volume and the 144 was blamed, however, that is not so in accordance with the transfer agent's figures.
Has the 144 been selling the stock down or is it shorting?
Again according to the transfer Agent’s numbers it has not been sold down but definitely appears to have one heck of a short position. This could raise an issue with shareholder voting number or percent.
How strong is the stock being held?
According to the transfer agent’s figures and the trading the stock is held extremely strong. Only about 240K of 144 has made it into the market since December 1999, however, this doe not reflect in the market cap.
Does management know who holds large positions in the stock?
Yep and so does the public in the filings. The Company has expressed all along that it was not the 144 holders selling … only thing it can be is shorted ...
Does Management show concern for the trading activities and marketcap?
Absolutely, Bart has expressed bewilderment in my conversations with him, on the marketcap and the trading. He has no sign of selling or diluting the Float of any substantial nature. The trading logs, Transfer Agent’s figures and OTC reports has taken it to an professional analysis who agrees the stock has been shorted. Who I do not know since the company did it …
Bottomline is the stock has been shorted down and thus I question the shareholder voting power. Does the shorted stock carry a vote though it was created out of thin air or borrtheyd? Is this why shorters have such a problem with a proxy being done and an annual shareholder meeting? Are they afraid the number of votes will be massive compared to the actual stock structure?
Item # 2 Investor /Public Relations:
Does the company have a knowledgeable investor relations department, which interacts promptly and effectively with investors, analysts and the media?
Not as of yet but this is being handle through Bart CEO of CBQ. He is very articulate and handles himself with interacting with shareholders and interviews of which he has done two. http://www.ceocast.com and http://www.wallstreetreporter.com . Plus to assist with shareholder cost there is now an 800 number that is toll free (800) 456-7962.
Does the company have a media event program to keep the financial world informed?
Nothing I know of as of yet but it appears this shareholder meeting and expense is a kickoff to letting the financial world and its shareholders know what has transpired and what the plans are for the future. Though they do not have to bear this expense and then bear the Annual Shareholder Meeting expense in May 2000, this shows a clear sign that the company is now prepared to let the financial world know what is going on …
Is the company willing to share other information like the OS and Restricted at any given time?
To date the company does share the Transfer Agent’s figures. They are hiding nothing at all from the numbers. This is where shareholder confidence lies in those that bother to undertake the pain staking job of making daily calls and doing their own research. If the company does not let the shareholders know what is happening then the stock can fall prey to the shorters and manipulators than overrun the OTC market accusing others of manipulation.
Item # 3 Management Team:
Is management experienced according to their resumes? Does each arm of the management team have a special field or purpose? Do they know how to implement a sound business strategy?
Presently, all they have is the Officers, of which, Bart Fisher is the CEO, Eugene Yano as Vice President and CFO, and the new President is John Moran. Where as the newest people that have or have agreed to come on board as Directors, we only have glimpes of their resumes in news release, which more should come out soon on in detail on their backgrounds.
Note: Though some have been named and agreed to come on the Board of Directors, I did not see where the filings shotheyd any D&O Insurance so I doubt the BOD is in place until this D&O (Directors & Officers) insurance has been activated. They could be done for all I know.
Bart Fisher, CEO has an impressive pedigree resume. His resume is included on the Capital House website along with other partners. http://www.capitalhouse.com/chframes.cfm?area=p
The rest we only have what is in the News Releases.
Eugene Yano, VP/ CFO will serve as vice president and chief financial officer, bringing extensive financial experience and understanding of working in Chinese markets to CBQ as it continues efforts in that region. Prior to joining CBQ, Yano was with Coopers & Lybrand LLP for a total of 14 years in the Palo Alto, San Jose, San Francisco, New York and Detroit offices. More recently, he was a principal in his own firm. Yano has expertise in the acquisition of venture capital and other financing, as theyll as consulting on numerous mergers, acquisitions and strategic alliances. He has also represented many Chinese firms in the United States and has many years of experience on Chinese financial matters. Yano received his M.B.A. from The University of Michigan. He is a CPA in California and Michigan.
"The experience Mr. Yano brings to CBQ is very important as they begin to develop relationships with the financial community," said John Harris, CEO, CBQ, Inc. "His strong experience in fund raising and financial operations will position us to take advantage of their opportunities in China and the United States."
John Moran, President has been President of Quantum Technology Group since April 2000. In that capacity he is responsible for day-to-day operations of the business. Prior to this position he was President and CEO of dpi Net Solutions Inc. where he was instrumental in the reduction of company overhead by more that one million dollars while focusing the company on its core IT infrastructure business. From 1992 to early 1999, Mr. Moran was Founder, President and CEO of Bio-Oxidation Services Inc., a high technology medical waste processing start-up that he grew internally and through acquisitions to over $7 million in sales in New York, New Jersey, Pennsylvania, Ohio, Theyst Virginia and Bermuda. In December 1997 he successfully sold Bio-Oxidation to the Harsco Corporation (NYSE: HSC), Camp Hill, Pennsylvania. Prior to Bio-Oxidation, Mr. Moran spent 10 years in a variety of managerial positions with the health care, consumer marketing and international divisions of Johnson and Johnson, New Brunswick, New Jersey. From 1988 to 1991 he was Vice President of Sales and Marketing for Corporate Capital Leasing of Theyst Chester, Pennsylvania. He joined Corporate Capital shortly after its start up and was instrumental in growing the company to $12 million in revenue by focusing marketing strategy on financing emerging environmental solutions. Mr. Moran is the Founder, Chairman and principal stockholder of Service Service Inc., Annapolis, Maryland, an internet/e-commerce development company focused on offshore e-commerce opportunities. Mr. Moran is also the co-founder and principal stockholder of Oxidation Technologies Inc., a high technology environmental service company with offices in Annapolis, Maryland and Hamilton, Bermuda. He has more than 20 years experience in operating rapidly growing, privately held businesses, including integrating acquisitions on ever an increasing scale.
"John Moran has an excellent background in management, and expertise in telecommunications and E-Business. They are looking forward to a long and productive relationship with him," said Bart S. Fisher, Chairman and CEO of CBQ, Inc.
Ray Kostkowski, will become the Vice-President for Mergers and Acquisitions of CBQ, Inc. He was the Chairman and Chief Executive Officer of Quantum Net Technologies since 1997. Mr. Kostkowski led Qnettech in its effort to grow through the acquisition of synergistic IT companies. Mr. Kostkowski has had many years of experience in rapidly growing companies through acquisition. As President and CEO of Lucas Brothers Inc., a contract stationary supplier with over $80 million in annual sales, Mr. Kostkowski was responsible for 12 acquisitions from Pennsylvania to North Carolina, which theyre consolidated into Lucas Brothers operations via the development of a customized/industry-specific software. Lucas Brothers, and Office Products Network of North America (OPNNA), a national marketing and purchasing business formed by Mr. Kostkowski with an excess of $1.2 billion in annual sales, theyre sold to Corporate Express in 1994. In 1997, Mr. Kostkowski sold Expert Office Services, Inc., a $30 million office product dealer in the Baltimore/Washington area with a customer base of over 5,000 formed through a series of 7 acquisitions utilizing a stock model, to US Office Products Company. Mr. Kostkowski is also the major stockholder and chief executive officer of Orion Holdings, an international service organization with annualized revenues in excess of $500 million.
"Ray Kostkowski has demonstrated his ability to spot valuable properties and grow enterprises. They will rely heavily on his deal-making expertise," Fisher said.
Stephen L. Geller founded Stephen L. Geller, Inc., a media buying, advertising, and corporate barter company in 1969 and serves as its Chairman. His corporate interests also include SLG Publishers Representatives Inc., and Asset Marketing Services, Inc. He is currently a member of the Board of Directors of 1stinhealth and S.C.I., an Ohio direct mail and marketing company. Mr. Geller has been active in many philanthropic causes, and serves on the Board of Trustees of The Lupus Research Institute, as a member of the Advisory Committee of Aplastic Anemia and MDS International, Inc.
Note: this named individual was done prior to the closing of Quantum Net and was not mentioned in the filings. However, I called on the release and he had agreed and after the Quantum Net I rechecked and he is still named as a Director. Again the BOD will probably be announced once the D&O insuirance has been activated thus safe for these individuals to step in.
Item # 4 Business Strategy:
Does management have a clear set of objectives?
http://www.marketex.net/business.htm is where the business plan is available for reviewing. This will be updated now that the "front end" for the gateway to China (Quantum Net) has been acquired.
Does this strategy make sense?
If you read the business plan for the China Wireless, it definitely makes sense and clearly defines each aspect of their objective. Will this change, I would say yes, because of the recent acquisition is the infrastructure for the US front of the Wireless Division and the ChinaSoft. The business plan for China Soft has not been put out yet nor EmbeddedISP, Priority One or Bid4It. However, they are included in the Business plan they do have, which is subject to change as the company grows.
Does the company have a tenable financial plan to implement it?
Unknow at the present but they have the right people in place or coming in place
Is there an "On Going Concern" Statement?
As per the last 10K there was NO "On Going Concern", which is unusual for an OTC stock. Though we do not know what is in the wings at this time for the financial plan other than the filings apparently the accountants do. Just waiting on the infrastructure to get fully in place with the BOD and then hopefully the financial plan will be disclosed as to what they have and going after.
Item # 5 Technology Position:
Are the products innovative?
CHINASOFT - ChinaSoft’s joint venture partner in China is Beijing Zhongruan Zhixun Technology Development Company (BZZ). Services that ChinaSoft will market outside China include software development for enterprise computing, distributor of the e-business solutions and Internet development services for companies in the United States and elsewhere who want to take advantage of offshore software development. This is a direct competition to the existing software commerce in India but at a more economical cost.
CHINA PARTNERS, INC. - Chinapartners.net is an Internet trade portal for business-to-business e-commerce and trade development services. Chinapartners.net is a trade portal that supports both Chinese and U.S. languages and currencies to facilitate business transactions bettheyen Chinese and U.S. companies. Additionally, China Partners will work with state-owned trading companies and private exporters in China to promote sales to the U.S. market of new product offerings from China. Imports from China will be distributed directly to U.S. retailers using the Chinapartners.net portal. Chinapartners.net provides language translation, currency translation and trade development services directly from this portal. China Partners will also sponsor trade delegations to China for its members and guides companies that are seeking trade and investment opportunities. Additionally, Chinapartners.net will develop Chinese Language web sites for its U.S. customers and English language web sites for its Chinese customers. Chinapartners.net, through CBQ’s Internet properties PriorityCash.com and PriorityLink.net, supports direct business-to-business e-commerce.
PRIORITYLINK.NET – is CBQ’s division for all of its Internet access offerings, including digital subscriber line, wireless, high speed, and free dial-up Internet access. These offerings are designed for the business customer and will be offered to all of CBQ’s clients, who in turn may offer access as an incentive to their customers. PriorityLink.net is an enhanced service offered in partnership with 1stUP.com Corporation and MyWay.com.
RELIANCE TECHNOLOGIES, INC. - is a full-service Internet Theyb site and e-commerce consulting and development firm, which services include consulting, custom software solutions for Internet applications, network integration, database programming, and administration, web site hosting, Internet development and dedicated Internet access. The hosting service provides stability for e-commerce enterprises 24 hours a day, seven days a week.
PRIORITY ONE Electronic Commerce Corporation - Founded in 1995, Priority One is a leader in Internet electronic payment technology, allowing Internet companies to handle electronic funds transfer (EFT) and credit card processing. The company is developing CBQ’s primary online electronic transaction enterprise, PriorityCash.com., which will be completely Linux compatible, using the Red Hat platform, for easy deployment, reliability and speed. Also with an agreement with LCI Technology Group N.V. to implement the LCI-SMARTpen security solution for authentication of transaction signatures
BID4IT.COM - CBQ’s online interactive market exchange, bid4it.com, allows customers to auction off industrial products, computers, peripherals, consumer electronics, avionics, collectibles, gifts and more. The bid4it.com system operates like a virtual stock exchange, raising or lotheyring the asking price of an item based on real-time demand information. The system can also be integrated with CBQ’s EFT and credit card processing capabilities for seamless transactions online. CBQ entered a partnership with Bidland.com in December of 1999 to re-launch bid4it.com as an innovative restheirce for business-to-business auctions that facilitates liquidation of excess inventory more profitably than through traditional methods. CBQ has also entered a partnership with Park Royal Galleries, Ltd. to auction luxury items on the site.
EMBEDDEDISP.COM - CBQ announced plans to launch EmbeddedISP.com in the U.S and abroad whereas EmbeddedISP.com will offer complete turnkey services to Internet appliance manufacturers and designers. The non-PC Internet appliance industry is poised for dramatic growth over the next several years. This connectivity will allow devices such as television set-top boxes, VCRs, refrigerators, medical devices, game consoles, PDAs, cell phones and other electronic equipment to interact with the Internet through a secure environment. The Chinese market for EmbeddedISP.com connectivity is particularly strong. As more devices are web-enabled, EmbeddedISP.com will offer companies a one-stop restheirce for connectivity and management of their devices. CBQ is in discussion with two manufacturers of Internet appliances and is actively seeking additional service bundling opportunities. Dial-up service is available on a trial basis in the Dallas/Fort Worth area.
QUANTUM NET (the infrastructure)– a Baltimore-based, rapidly growing, regional full service provider of Information Technology and e-Business. Quantum is the third largest e-Business provider in the Baltimore area. This acquisition will position CBQ as a major competitor in the e-business infrastructure market and the IT (Information Technology) outstheircing market. QTGroup provides a full range of network services, software development, and theyb-based solutions, as theyll as information technology outstheircing restheirces. As an infrastructure service provider designing and marketing custom software and services to businesses enagaged in the wider Internet world, Quantum will bolster the software development efforts of CBQ, Inc. in China and other markets. Quantum also possesses proprietary software solutions that have national markets. Quantum services large corporate clients primarily in the Mid-Atlantic region and throughout the United States.
Do they address a market need?
Yes, as the internet and global e-commerce develops CBQ will offer services in China that best meet customer needs in market, including marketing versions of its current services and developing new services tailored to specific opportunities in China. ChinaSoft will use traditional and Internet-based marketing channels and develop a strong sales effort. Whereas, CBQ anticipates through ChinaPartners.net additional alliances with banks, insurance companies, import/export agencies, attorneys, shipping companies, and other trade-related services to meet they needs.
Whereas, PriorityLink through, 1stUP.com, which is a leading provider of ad-supported Internet access solutions and a majority-owned operating company of CMGI, Inc. can offer unlimited Theyb access virtually anywhere in the U.S. or Canada to employees, owners and customers of small to medium sized businesses. Access is free in exchange for keeping a compact, movable navigation bar that carries advertisements and links to CBQ Internet properties and other leading Theyb sites. Whereas, MyWay.com, another CMGI, Inc. company, adds dynamically generated personalized content to PriorityLink.net users, bringing them a more productive and personal online experience. MyWay.com allows mouse click access to up-to-the-minute information about news, stocks, travel, shopping, sports, and more. Users can instantly personalize their start pages content, color, features and design to reflect unique lifestyles and interests. MyWay.com personalization tools have allotheyd Internet access providers to achieve among the highest retention and duration metrics on the internet today.
As with Priority One it addresses the Electronis Fund Transfer, Reliance & Topher Internet theybhosting, access and consulting for companies looking for a total package. And Embedded ISP for future advancement of the internet.
Is anybody else developing similar products?
Absolutely, Nearly ever major company and even small visionary companies are looking to provide one or more of these services. Total package I have not gotten many I can find that offers the diversitity CBQ is offering.
Item # 6 Competition:
How many other companies are competing for the same market?
Nearly every company from the pinks to the NYSE that seeks to do e-business in China in one or more areas. Microsoft for example, Qualcom, Ericsson, Intel, CMGI, WCOM, etc. are all in a foot race to capture some of the e-business market in China. You name it and make no mistake about it they are probably a direct competitor to at least one of CBQ’s revenue models.
This particular market is nothing more than a foot race to capture part of the enormous potential in China. Who will win is anyone’s guess but Bart Fisher being the US legal Trade Counsel for China could very well be their passport and "Goodwill Bridge" to China. He is now getting other solid management to delegate out certain aspects of the business like John Moran etc. CBQ does appear to have a fighting chance to strategically capture some of the China market.
Does the company have sufficient protection for its intellectual property?
I have no idea but the company has been establishing the legal structure in China for the past 6 months. Where this all stands I do not know, which a lot that we do not know we should discover at the upcoming meeting in DC September 12, 2000.
Item # 7 Market Size:
How large is the market being targeted?
Forrester Research forecasts that B2B e-commerce will amount to $2.7trillion in 2004, half through online exchanges. It also finds that 93 % of corporations plan to transact business over the Net in two years.
The Gartner Group estimates the B2B market to grow from $145 Million in 1999 to $7.3 Trillion in 2004. This would represent 7% of the $105 trillion it forecasts for all global sales.
Do they have a strategy for capturing a solid percentage of the market?
Yes and recently, CBQ addressed a major strategical problem, which has been the U.S. "front end" required to obtain orders from potential U.S. customers by the acquisition of Quantum Net and its pedigree management. This should assist CBQ to enter into discussions with several U.S. software developer companies.
The exact strategical specifics can change daily as the E-commerce world changes. Over all the industry CBQ is attempting to capture the market in out is the global E-Business marketplace. They have a mission to redefine how international trade is carried out through a clicks and mortar, i.e., virtual and real-world facilities approach. The crash of 2000 in the stock market is proof that clear and definite portrayals of "Earn and Burn" & "Go and Grow" are the absolute bottom line.
As CBQ drives forward deliberately implementing their Global E-Business Marketplace initiatives, it is becoming more prevalent in the global economy, the technologies and systems required to support this revolutionary business transformation will require sound technological infrastructures. In today’s world E-business initiatives are going to have to focus on the following:
1.) Saving money, compared to current methods of conducting business
2.) Increasing efficiency, thereby reducing time to market
3.) Increasing revenues, which can include reaching new markets and increasing revenues in existing areas
4.) Improving relationships with customers to retain those customers, thereby building a solid customer base
5.) Improving relationships with business partners and alliances, enabling both parties to increase revenues through strategic partnerships
CBQ's mission objective is to be the leading end-to-end, Foreign Country- USA gateway for E-business and E-commerce solutions for global commerce; thus increasing shareholder value. Whereas their mission statement is to provide simplified E-business and E-commerce systems, solutions, and services that will allow their customer base to transform how they do business to the global marketplace.
Since CBQ’s mission is to be at the forefront of the global business change ushered in by the Intemet revolution, they are going to have to form and acquire new enterprises, such as the infrastructure of Quantum Net with pedigree resumes, to take advantage of important emerging E-business opportunities. This should provide their customers with a complete range of quality business-driven solutions, and developing strategic business partnerships. Through business and technology vision, global Intemet market awareness, and a constant focus on theur customers' needs and their ultimate aim is to bring maximum benefit to all stakeholders impacted by their efforts
Even though CBQI is an Intemet start-up development company in its infancy with a focus on China, they are unique in the marketplace. No other publicly-traded company I know of has so ambitiously staked out the territory they are seeking. CBQ has stated it is positioning itself to be "THE" B2B gateway between China and US based markets. This is fundamental for CBQ's mission to be a global leader in E-Business systems, solutions, and E-Commerce. Not sure that they have first mover advantage in the China-US any longer, but the B2B space will provide a solid foundation upon which CBQ can be recognized as a global player in the E-business/E-commerce playing field. CBQ is presently focusing its attention initially on the commercial relationship between the world's most influential nation and its most populous one. It has been stated China is the only economy on the planet capable of surpassing the size of the U.S. market in the 21st century, and the U.S.-Chinese relationship will powerfully shape the next century.
The elements of the U.S.-Chinese relationship that CBQ will focus on are international trade, investment opportunities, telecommunications, and software development. Outside important strategic landmarks are the entry of China into the World Trade Organization (WTO) and the granting of Permanent Normal Trade Relations (PNTR) to China by the United States.
They are going to have to foster selective, practical, and profitable collaboration between the USA and China on both short-term and long-term projects for each of their businesses they have under their umbrella: Internet Services, Software Development, On-Line Processing Services, B2B Services, & Data Mining. Also for each of these divisions there are going to have to be a sales and marketing strategies designed specifically for each so that each can be a profitable revenue model not to mention integration.
We will have to watch as the strategic joint ventures/alliances continue.
Item # 8 Industry / Focus:
Is the company operating in a growing industry?
In a recent report on global e-commerce, Forrester Research examined the conditions affecting growth in various markets, such as regulatory environments, connections to international supply chains, technology infrastructures, and existence of regional trading, etc. This report estimates global e-commerce will garner 8.6 % of worldwide sales of goods and services by 2004 which is a growth span of the next 4 years. It also notes that online trade should be highly concentrated in only 12 countries, representing nearly 85 % of worldwide online sales. The U.S. will continue to be the global leader in e-commerce, with online sales reaching US$3.2 trillion, followed by the Asia-Pacific region with US$1.6 trillion, and Latin America at US$82 billion. Basically like CBQI, the global e-commerce industry is still in its infancy and development.
Has the industry already matured?
Not than much as with all companies and industry there are going to be growing till it reaches its maturity which research estimates by 2004. Lets take some of the major countries for example:
The good Old USA is the leader presently will continue to be the global e-commerce leader - contributing nearly US$3.5 trillion in online B2B and business-to-consumer (B2C) sales in 2004 - its dominance will decrease as Western Europe and Asia-Pacific hit, what Forrester’s research calls "hypergrowth" in 2002, which is only a little over a year away. (CMGI was .60 in 1997, and grew like a bandit ever since as the internet grew here in the USA when it hit its hypergrowth earlier this year due to favorable trade and monetary policies, an advanced technology infrastructure, and deep links to international supply chains and trading blocs. But then came the market crash of 2000)
Forrester’s report is expecting leading e-commerce countries in Western Europe to hit US$1.5 trillion in 2004, led by aggressive efforts of industry giants and the growth of eMarketplaces for online business trade. Asia-Pacific will be in hypergrowth by 2004, when "technology exports and national commitments to online trade will drive US$1.6 trillion." However, the region won't develop uniformly, due to "policy and infrastructure hurdles at the national level."
The USA does have a problem also and that is trying to stay "King of the Hill" I have to refer to this statement:
"North America's share of global e-commerce will inevitably fall as this boom echoes across other regions of the world," said Bruce D. Temkin, research director. "Global e-commerce is being driven by a powerful growth spiral - as more businesses and consumers come online to buy and sell goods, firms are aggressively competing for market share, in turn drawing more businesses and consumers to the Web. This phenomenon will continue to carry online trade to higher levels, regardless of the fate of any particular country, sector, or company."
Latin America: CBQ, El Economista and Lycos to Develop Internet Portal for Content and E-Commerce in Mexico. Has that market matured at all. One of the biggest problems to Latin America is it is being held back by limited Internet access and by its telecommunications infrastructure. These items can be overcome in the next 4 years thus according to Forrester’s research Latin America's e-commerce should still grow to US$82 billion by 2004. Whereas the Internet economy in Latin America is mostly supported by business-to-business (B2B) trade, like most other geographical regions, with B2B trade in Latin America accounting for US$76 billion in 2004.
Let not kid ourselves Latin America is facing some "crucial challenges", However, Forrester’s research believes there are signs that the economic climate is improving. As with this statement:
"The combination of aggressive efforts to stabilize currencies with liberalized trade policies will make Latin America -- especially Brazil and Argentina -- fertile ground for the rapid adoption of global e-commerce, " says Stuart D. Woodring, vice president, research for emerging Internet economies.
In addition to public policy support, Forrester also believes that full regional engagement in e-commerce requires a "critical mass of technology linkages" such as phone lines, PCs, Internet hosts, and cell phones. The corrective strategic action that needs to happen is partnerships and newly established corporate bases. These venture are going to be springing up to improve Latin America's current limited access to hosting and phone lines, which is stunting the region's e-commerce growth. Will celluar technology and two-way pager systems be a part of the corrective actions, I have to point to this statement.
"E-commerce in Latin America will thrive in the coming years thanks to a rollback of protectionist policies, innovative uses of mobile technology, and pressure from Internet-sophisticated global trading partners," says Matthew R. Sanders, associate analyst. "Brazil will lead this region by trading US$64 billion online by 2004. Neighbor and principal trading partner Argentina will follow with more than US$10 billion in online sales."
Asia-Pacific, which is the primary focus for CBQI (China specifically) Forrester’s report predicts e-commerce in Asia-Pacific will surge to US$1.6 trillion locally by 2004. The area's countries will benefit from local e-commerce development and tight links to international supply chains in a number of key industries, which is highly probable when adhered to by a combination of regional strengths. Furthermore, Forrester report estimates the region's slice of the global Internet economic pie will be worth US$6.9 trillion in the same period.
Asia-Pacific's deep links to global supply chains will help speed up their adoption of e-commerce as industry leaders bring their trading partners online. National commitments to infrastructure development and economic growth will help create new opportunities in the region, with the resulting e-commerce gains tightly linked to B2B trade in Asia-Pacific. Forrester predicts the region's total online sales linked to B2B sectors will be more than US$1.5 trillion.
But, Forrester warns e-commerce won't develop uniformly across the region. Factors such as low barriers to trade, stable currencies, and flexible capital markets are required for online trade and aren't equally present in the region. Now this is an important factor esopecially for CBQI.
For example, low trade barriers are speeding up online trade in Hong Kong, however, CBQ software development in China can compete not only in labor rates but India's tariffs are delaying its development. But remember as with CBQ, China suffers from a weak infrastructure. Now this, though bad for China, is good for CBQ and Mr. Fisher because this will make Asia-Pacific one of the last regions to reach its full e-commerce potential, according to Forrester. This is why Infrastructure on the frontend here in the states was the last thing to happen because they spent from Jan to August setting up the China infrastructure. At least that is the way the timeline reads. Now anyone can see CBQ has been taking the hardest complication and resolving it first. I believe this statement says it all on China and the rest of the world.
"Asia-Pacific will benefit greatly from the efforts of several e-commerce leaders," explains Sanders associate analyst. "While Japan will dominate the region with US$880 billion in online sales in 2004, Australia, Korea, and Taiwan will each see more than 16 percent of their total sales conducted online."
One note in case CBQ does happen to enter Europe, according to Forrester’s report, Europe will grow in the e-commerce space more than 100 percent per year through 2003, pushing it to US$1.5 trillion in online sales by 2004. In the next five years, online shoppers in Europe will switch from surfing to buying, with retail goods and services sales growing 140 percent annually, due to improved online stores. Another huge factor for Europe's nearly US$1.4 trillion online market will be online business trade, derived from "the efforts of industry leaders to pull entire sections online and the emergence of 'eMarketplaces' to facilitate online business trade in the region."
Forrester is also forecasting that e-commerce growth will swell more quickly in Northern Europe, with the UK and Germany leading the pack. Meanwhile, e-commerce in Southern Europe will be slowed by a weak infrastructure and cultural resistance to doing business online, although France will represent the third-largest Internet economy in Europe. Forrester believes emerging new factors such as WAP phones and interactive TV may help Southern European countries overcome hurdles to accepting e-commerce.
"Europe will achieve e-commerce maturity very quickly, effectively closing the gap between it and the US in the process," says Sanders associate analyst. "Despite some minor development hurdles, Europe's prospects as a global e-commerce leader look very good."
Does the company have influence in the industry?
Absolutely, again read Bart Fisher’s resume’ and check out the other principals of Ms. Xu Ling and especially Mr. Chang Guomin.
Ms. Xu Ling has been a director of the Company since January 14, 2000. She graduated in 1983 with Bachelors degree in from Yan Jing Overseas Chinese University. She is currently the general manager of Asia-European Bridge Corporation, Ltd. This firm specializes in international business transactions primarily in the high technology sector. Mrs Xu also provides consulting to foriegn businesses who seek to do business in the Chinese market.
Mr. Chang Guomin has been a director of the company since January 14, 2000. He is currently Chairman of CCSoft Technology Developing Co., Ltd CCSoft provides outsource software development services to many companies in China, including China Telecom and China Unicom. He is also Chairman of KWOK Man Group. KWOK Man Group holds significant real estate investments in China and Austrailia.
This information is from the 10K earlier this year.
Is diversification being done within the industry?
Yes in 5 different areas which emcompasses a wide scope of the internet. Internet Services, Software Development, On-Line Processing Services, B2B Services, & Data Mining.
Item # 9 Alliances and Evaluation:
Has the company's technology been validated by a recognized industry expert or analyst?
Not yet that I am aware of but that should come in the near future. All that is missing is the financial side (funding arrangements).
Have they formed the infrastructure?
Well Quantum Net definitely gave the company a solid infrastructure to its already small existing infrastructure in Dallas. But immediately the infrastructure efficiency absorption began right after the acquisition. I expect more infrastructure changes to happen also like a new BOD being put into place.
Do they have Key joint ventures, Alliances, Licensing Agreements, Equity Investment or Client Relationship?
Yes they do and too many to list. So this is why I have kept the timeline at http://www.marketex.net/timeline.htm it is all there for reviewing.
Item # 10 Operating Expenses or the "Burn Rate":
Another words just how efficiently is the business being run?
According to the filing not very effiecient because they are not self operating on the businesses they do have. However, that is being addressed and should start to improve.
Are administrative costs appropriate for the number of employees and the type of business the company is in?
As per the last filing the answer would have to be no they are not. Heck there are stocks trading over $400 a share that are no where close to profitable.
Estimated time frame of a positive EPS showing profitability?
Bart estimates, hopes, intents and pursuing this to happen: "The acquisition should allow CBQ, Inc., under current projections, to enter a profitable position by the first quarter of 2001," Fisher said.
Summary of Items Revenue Models
For CBQI they have 5 different concentrations for potential revenue streams for the CBQ Revenue Model
INTERNET SERVICES Revenue Model - is based on resold ISP and IP products and services through CBQ's partnership with a Tier 1 ISP player in the domestic US. CBQ will share revenues with CCSoft in our ISP joint venture in China. This model represents probably the smallest profit potential for CBQ but provides for the foundation for upper layer E-business revenue streams, which mostly likely have higher profit margins. Whereas, the revenue model for the two-way pager project, however, is very powerful. They have projected at least a tenfold return on the initial investment over a five-year period in the business plan. Thus, if someone invests $15 million, CBQ is projecting a return over a five-year period of at least $150 million. http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=12695782 & http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=12710681 & http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=12729729 see http://www.marketex.net/timeline.htm for specifics on the potential revenue models.
SOFTWARE DEVELOPMENT Revenue Model - Upon which there are two revenue models that will be derived from CBQ's software development services:
1.) Outsourced software development at significant margins can be produced by CBQ through software development deals. Although this revenue model is linear in nature, the labor rates that CCSoft, Inc. provides, CBQ allows for high-profitability on fixed-fee software development deals. The economic logic is clear: the approximate hourly rate of a software programmer in New York is $95 per hour; in Washington D.C. $75 per hour; in India, $15 per hour; in China, $10 per hour. Simply put, India, currently used as the primary offshore source of software programmers by U.S. industry is 30 percent more expensive than China.
2.) Depreciated software development labor for E-business software systems and applications should allow CBQ to create, package and market "shrink-wrappable" software to US-based companies seeking E-business transformation. This revenue model could represent the largest revenue opportunity for CBQ given their ability to market and distribute to resellers and integrators through their TechnologyNet.com partnership. Systems and applications that are developed for CBQ E-business customers can be "resale-able" by CBQ to other future E-business customers. http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=12621871
ON-LINE PROCESSING SERVICES Revenue Model - This revenue model is based on generating flat rate transaction processing fees on a per transaction basis and/or a % of the total transaction processed depending upon the different revenue model utilized. This revenue model represents the core revenue foundation for CBQ to generate revenue and make profit given the large volume potential for all transactions that flow through the CBQ "hybrid" E-Hub gateway. http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=11705909 & http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=12538416
B2B revenue Model - Once CBQ is positioned to be an all encompassing, end-to-end E-business and E-commerce provider to the global marketplace, revenue will be generated from B2B and B2C portals that will connect to CBQ's globally positioned E-Hubs. This represents the largest revenue potential for CBQ given its comprehensive top-down ability to generate revenue from more than one channel, portal, and revenue source. See timeline for applicable specifics.
DATA MINING Revenue Model - A CIO (Chief Information Officer) will be needed to develop a revenue model that allows CBQ to leverage their data mine and data warehouse to their partners, alliances, and joint ventures. Tactical sales and marketing initiatives will be implemented that utilize the data mine asset/data warehouse. The revenue potential in sharing the CBQ data mine could be enormous. CBQ will need a seasoned CIO to exploit this most valuable asset in order to leverage "Content" for "Distribution" deals and other joint marketing initiatives.
Again there is no assurance this information is without flaws.
Gary
Good deal ... Site is impressive in its infancy. Gary
Fatt Join me in the live chat. I have some suggestions. Gary
Yeah ... LOL ... Me too ... I can;t figure out how to bookmark threads either. Just going to have to do it on my server favorites by setting up a folder and load the threads till the Beta test makes the bookmark function available.
Great site but needs some navigation tools like SI ... This could be a great site.
Gary
Hi Fatt!!!! Just learned of this site .. I am sitting in the lounge of free chat. Did you see where OTCNN published my commnets on what is going on in the OTC Market?
Glad other I know are here...
Gary
Steve ... are you the same Steve I know from SI ... Gary