Wednesday, September 27, 2006 1:11:23 PM
Dear All:
Remember, Systems Evolution is the fastest growing company in Houston, TX, and Houston is the 4th largest city in the U.S. with 23 Fortune-500 companies (second only to NY for largest number of Fortune-500 companies). SEVI is well-placed to provide significant consulting and employee placement services to these companies. We’re talking about ConocoPhillips, Marathon Oil, Sysco, Halliburton, Continental Airlines, Reliant Energy, CenterPoint Energy, Burlington, Dynegy, Anadarko Petroleum, etc. Three new ones have moved to Houston in the past year alone, including CITGO. Other companies like ExxonMobil (#1 on the Fortune 500 list), ChevronTexaco, and Valero Energy have the majority of their operations and almost all their employees in Houston. The city is rapidly becoming the undisputed energy capital of the world.
In addition, Houston is home to the largest medical center in the world (The Texas Medical Center http://www.tmc.edu). It also has the largest international shipping port in the country and the second largest port overall (second only to NY). It is home to renowned research institutions like NASA’s Johnson Space Center, Baylor College of Medicine, and Rice University.
Why am I mentioning these details? Because of the 100,000 people working in the medical center every day, and the 300,000 people working downtown, and all the rapidly expanding computing infrastructure in the Houston area. All these billions of dollars of revenue coming in and all these companies and institutions eed one thing in common—technical computing support, in the form of personnel and consulting. Systems Evolution offers both of these. More importantly, they have a quality track record with the State of Texas spanning more than 20 agencies, hold a Master Services Agreement with Microsoft (i.e. Microsoft invests in their organization and training) and recently achieved Microsoft Gold Partner Status making them one of only 200 companies nationwide to achieve that top level of quality and one of only six in Texas. They have not lost a bid in the past three years and recently announced a new contract with a multi-million-dollar company that covers 10 locations. Furthermore, their Next-Hire division is the Houston leader for placing professionals in the oil and gas industries, and more than a couple of the Fortune-500 companies listed above use SEVI as their pipeline of qualified candidates.
In addition, SEVI has large operations in Austin, TX, which is the home of Dell Computers, and in San Antonio—home to AT&T, etc.
Systems Evolution is a substantial company with a good revenue stream and quality management. Over the past two years they have acquired and integrated multiple companies into the current business practice, including AXP Technologies, eLead Solutions, CMS Technology Services, NextHire Consultants, and Duration Software. I stress this fact. Systems Evolution has rapidly picked up pace, experiencing a 472 percent growth from ’03 to ‘05. What we have here is a merger of multiple-decade-old established private businesses that have been brought together to create something much larger than the individual pieces. They finished that acquisition/integration process last year and are already reporting profits from the new organization!! Furthermore, as SEVI’s CEO, Richard Rhodes, mentioned in his recent webcast, the company’s methods, technology, and infrastructure are modular and scalable for further expansion.
For more details, see: http://www.equitiesmagazine.com/pdfs/corporate_profiles/systems_evolution.pdf
If you base its share value only on gross profit from the past year and don’t consider the possibility of considerable future increases, then the share value is 0.008. That includes the recent dilution of 150,000,000 shares for a total of about 300,000,000. The shares of companies with comparably strong platforms and potential for growth usually trade at 3-5 times their share value. Thus, a reasonable share price at this time would be roughly 0.030. Due to naked shorting and panic about the share dilution, the price is now at a 95% discount. The company is doing well. Simply look at Reuters financial evaluation. Thus, it is highly likely the share price will rebound with future financial updates.
Here is a short essay from The Motley Fool describing their approach to such buying opportunities:
http://www.fool.com/news/commentary/2006/commentary06090805.htm?source=eptyholnk303100&logvisit=...
Warm Regards,
Asklepidaurus
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM