CASH COW

[WANG]

interesting...
NWAV
bought some at 2.80
got this from OTC


Today's Trading Alert is an exclusive first look. If you're wondering about past "first looks", consider NetWork Installation (OTC BB: NWIS), an unknown on August 2nd at $.80, VirTra Systems (OTC BB: VTSI), also under followed unknown at $.10 on July 15th, and more recently NuTech (OTC BB: NTDL) on January 24th at $.73. All of the aforementioned ideas are trading at considerably higher levels today. If history repeats itself, our first edition on an unknown situation can be a rewarding time to position yourself in the stock.

NeWave, Inc. became a public company this past week through a transaction known as a "Reverse Takeover". To learn more about Reverse Takeovers, check out the article on our web site. Click Here for a direct link.

A reverse takeover occurs when an operating company becomes public by being acquired in a transaction with a publicly traded non operating company. It's a fast track way to become a public company, as it circumvents the lengthy IPO process.

Thousands of companies have gone public this way. The three most famous RTO's are Occidental Petroleum, Turner Broadcasting, and Home Depot. It's less expensive and far simpler. Many smaller companies have attained public status following this road, and correspondingly it is paved with more than its fair share of failures.

Newcomer NeWave completed it's entry into the public markets this past Wednesday. In conjunction with the merger, the former publicly traded entity was reverse split 344 for 1. The surviving entity only has 10,750,000 shares issued and outstanding, and only about 1.25 million are publicly traded. The "effective float" could be well under one million shares. There will be very little supply to meet demand. Therefore, I expect a high degree of volatility when NeWave trades more volume.
NeWave: The Champions of the Home Business and the Underground Economy




NeWave is in the business of putting people in business online. This is the only comprehensive turn key online business technology company I am aware of. NeWave is a hybrid between NetWork Solutions on the internet and web management side and Costco on the product side.

Their low cost services can be used by anyone wanting an online business presence for a minimal monthly membership fee; everything from the real estate agent who wants a web site to manage information and generate emails to a customer base, along with the spirited entrepreneur who wants to sell goods online through eBay or any of the other myriad of online marketing techniques. NeWave, through its web site found at www.onlinesupplier.com, has the most comprehensive four step turnkey solution for building your own ecommerce web site, using it to sell merchandise, search engine placement and advertising, and numerous other services.



You can literally build your own fully functional ecommerce web site in four steps. It takes about 10 minutes, and you have a choice of 40 different style templates. You can also register your domain, and deploy your site in any of eight different languages. If you want to experience the technology yourself, use the demo instructions below.

NeWave also provides inventory for its customers. They have a full range of home electronics, gift wares, house wares, luggage, car accessories, etc. Value added services include health insurance, tax consulting, and personal credit monitoring. People order goods using the ecommerce solution on your web site. NeWave delivers, and pays you your profit the moment the payment is confirmed.

There are very few tracking statistics available on the growth of home businesses, hence the descriptive phrase "underground economy". Many economists feel the home business market is skewing the unemployment statistics artificially lower than they really are. It is estimated there are currently 25 million home businesses in the United States.

There is no shortage of statistics on the growth of consumer shopping on the internet. As you can see from the table, online shopping is expected to grow rapidly over the next four years. This $72 billion market in 2002 is expected to grow to $217 billion by 2007.

March of 2000 marked the end of the beginning for internet businesses. Wall Street's mania for over financing the "dot bombs" ended, and the viable internet businesses have since gone on to prosper. Thanks to the low cost barriers to entry and the entrepreneurial spirit of Americans, online businesses are now flourishing.


Build Your Own Web Site Demo
The four step web page building process is as user friendly as it gets. Don't take my word for it. Check out for yourself. I have arranged an exclusive demo of the technology for OTC Journal Members. Do the following:

Simply Click Here or go to the following URL: https://secure2.onlinesupplier.com/manage/login/index.cfm

Once you have arrived at the web page, use the following:

Email Address: [e-mail]
Password: demo
After logging in you will be able to experience all the features of the most user friendly web site building technology I am aware of.
If you want to learn more about their products and services, you can do it one of two ways. Either visit www.onlinesupplier.com, or call their toll free customer service lines at 1-866-622-9983 xt 9500.




Explosive Growth

After completing the development process, NuWave got their business rolling in August. Growth has been prolific, and operations were already cash flow positive in the month of January.

Thanks to a multifaceted national advertising campaign with includes internet search engine placement, internet advertising, print media, and radio, NeWave has come charging out of the gates. Currently, NeWave has:

25,000 registered members (as disclosed in Friday's press release; the first the company has issued since coming public)
13,000 members paying a monthly fee
60 telemarketers and customer service people working full time to handle inbound calls
4,000 incoming calls daily
250 people signing up for a trial membership daily
over $300,000 in revenues in the month of January after only five months of commercial operations
If you want to learn more about their products and services, you can do it one of two ways. Either visit www.onlinesupplier.com, or call their toll free customer service lines at 1-866-622-9983 xt 9500.
Fees run as follows: $6.95 gets you a two week trial period. $29.95 monthly gives you the complete online business solution. Value added services include tax planning, health insurance, and credit management have extra fees.

NetWork Solutions, Yahoo! Commerce, and other competitors charge about $20 per month to host a web site. However, this does not include an ecommerce solution, web design work, and many other of the features NuWave has. In addition none of the other web hosting companies actually put you in business by providing low cost inventory to help you get your sales rolling.
Conclusion on NeWave (OTC BB: NWAV)


NuWave has charged on the scene out of nowhere. Their early success has been fueled by being first to market with all the components required to provide a simple comprehensive online service for anyone willing to invest $29.95 per month.

I normally counsel investors to do their own homework on any of the ideas published and confirm all claims through 3rd party sources. I'm calling NeWave a "first look" idea, because you won't be able to confirm any of these facts elsewhere. There is only one SEC filing describing the merger transaction, and it contains no financial data.

All of the facts I have provided were learned from interviews with CEO and founder Michael Hill. Therefore, the lack of published information must equate to a higher risk factor.

Weighed against the increased risk is the competitive advantage you enjoy as you are first to learn about NeWave.

I love business models with recurring revenue streams from a core asset. NeWave identified a widespread need, added value to existing technology, and started marketing the service last August. Net result after six short months: 25,000 registered users, 13,000 customers paying a monthly fee, 250 new trial users everyday, and over $300,000 in revenues in the six month. Certainly an impressive start.

This company has identified a need and is meeting the demand. As the company expands its marketing efforts, the new membership growth rate will increase. More products and services will be available for members, and revenues will grow rapidly.

Don't be confused by looking at the history of the stock price. Last week's reverse split nullifies the trading history. You must view this as a stock which has never traded, almost like an IPO. I haven't included a chart because there is nothing to look at.

The stock closed at $2.50 bid, $2.75 ask on Friday. With no trading history as NeWave, anything could happen when the market opens on Tuesday. There is an extremely limited supply publicly traded, so expect a lot of volatility. If you have the opportunity to own the stock at $3 or less, I believe you will be positioned on the ground floor. I'll give an upside estimate when more of the facts are known about the company's financial condition and plans for expansion.

Here is the complete text of Friday's press release, which is the first information any investor has had about NeWave:


Press Release Source: NeWave, Inc.
NeWave Subsidiary Onlinesupplier.com Surpasses 25,000 Member Milestone

Friday February 13, 4:29 pm ET

LONG BEACH, Calif., Feb. 13 /PRNewswire-FirstCall/ -- NeWave, Inc. (OTC Bulletin Board: NWAV - News) announced today that its wholly-owned subsidiary Onlinesupplier.com has surpassed 25,000 total members serviced.

NeWave CEO Michael Hill stated, "We are extremely proud to have surpassed such a significant milestone in just six short months. I believe this is a testament to our innovation, product offering and attentiveness to the needs of consumers in our market. He added, "I am excited about our current growth rate and believe we are on a path to becoming a market leader."

Onlinesupplier.com offers a comprehensive line of products and services at wholesale prices through its online club membership. Onlinesupplier also provides its members with their own web-hosted storefront, as well as access to their own processing, marketing, and product fulfillment solutions.

The Membership Club pricing starts at $6.95 for an initial 14 day trial and converts automatically upon renewal to $29.95 per month thereafter. Online's current membership stands at approximately 13,000 paid monthly subscribers.

Members also enjoy the benefit of access to other services such as;

* Privacy Plus -- Credit reporting, medical history, driving record,
home value report, neighborhood search report -- A free 30 day trial
and monthly billing of $14.95 per month thereafter.

* Roadside Assurance -- (Similar to AAA) Free 14 day trial, $13.95
one-time activation fee on the 15th day, and monthly billing of $9.95
per month thereafter.

* Family Health Network -- Discounted healthcare, prescriptions, vision,
dental, no forms to fill out, 44,000 pharmacies with up to 50%
discounts. Free 14 day trial, one time activation of $9.95 on 15th
and monthly billing of $16.95/month thereafter.

* Taxvantage 1040 -- Unlimited tax services, consulting, tax software,
and one year tax filing -- One time set up of $59.95 and monthly
billing of $29.95 thereafter.

About NeWave, Inc.

NeWave Inc., through its wholly-owned subsidiary Onlinesupplier.com offers a comprehensive line of products and services at wholesale prices through its online membership club. Additionally, NeWave's technology allows both large complex organizations and small stand-alone businesses to create, manage, and maintain effective website solutions for e-commerce. To find out more about NeWave (OTC Bulletin Board: NWAV - News), visit our website at www.newave-inc.com or www.onlinesupplier.com . The Company's public financial information and filings can be viewed at www.sec.gov .

Forward Looking Statements

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do no intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except required by law.

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Source: NeWave, Inc.