The Golden Lounge

[Seabol]

ATTP DD...inside
Affordable Telecomm. Tech (OTC BB:ATTP)
Phone #: [phone]
Website - http://www.thewirelessstore.net/
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52 week high: 2.875 March 21, 2000
52 week low: .109 August 24, 2000
Closing bid/ask on September 6th: .25x.26
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Authorized: 20 million
Outstanding shares: 14.5 million
Float: 7.7 million
Ownership: insider 47%
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1-year chart for ATTP: http://finance.yahoo.com/q?s=attp.ob&d=b
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Business Summary:
Affordable Telecommunications Technology Corporation is a development stage company that engages in the business of serving as a reseller and provider of wireless telecommunications services, paging services and related services, and plans on providing an Automatic Meter Reading service. The Company presently operates a retail stores in the Houston market under the name "The Wireless Store". The market for the Company's products and services is principally the Texas Gulf Coast Area. The Company signed a letter of intent to acquire 10 stores in Texas and Louisiana.

Financial Summary:
Affordable Telecommunications Technology Corp. serves as a reseller and provider of wireless telecommunication services, paging services, and related services. For the six months ended 6/30/00, revenues totalled $380 thousand, up from $120 thousand. Net loss totalled $498 thousand, up from $224 thousand. Revenues reflect an increased consumer base and greater consumer awareness. Higher loss reflects increased professional and legal fees.

Latest filing w/SEC:
10QSB filled on August 23rd: http://biz.yahoo.com/e/l/a/attp.ob.html

Latest Press Releases:
Sept 6th: http://biz.yahoo.com/bw/000906/tx_afforda.html
-Affordable Telecommunications Technology Forges 3-Year Marketing Agreement With Arch Communications

August 31st: http://biz.yahoo.com/bw/000831/tx_afforda.html
-Affordable Telecommunications Technology Signs Marketing Agreement With Alamosa PCS

August 29th: http://biz.yahoo.com/bw/000829/tx_afforda.html
-Affordable Telecommunications Technology Signs Marketing Agreement with VoiceStream Wireless

August 25th: http://biz.yahoo.com/bw/000825/tx_afforda.html
-Affordable Telecommunications Technology Second Quarter Revenues Increase Over 350%

July 20th: http://biz.yahoo.com/bw/000720/tx_afford_.html
-Affordable Telecommunications Technology Markets Nextel Online Two-Way Messaging Service

July 18th: http://biz.yahoo.com/bw/000718/tx_afford_.html
-Affordable Telecommunications Technology Markets Nextel Worldwide Service
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ATTP has already beat 1999 total revenues in just 2 quarters of the Fiscal year 2000: total revenues for 1999 was $295,000. So far this year(after 2 quarters) the revenues are $380,000!!

Here is the link: http://yahoo.marketguide.com/mgi/highlights/A23E1.html" target="_new">http://rd.yahoo.com/finance/mguide/*http://yahoo.marketguide.com/mgi/highlights/A23E1.html
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Biography of the executives of ATTP:

Bethke, Steven H., (41) Chairman of the Board, President
Mr. Bethke previously was employed as General Manager of Houston Telephone and Paging (HT&P), from July, 1995 to September, 1996. Prior to joining HT&P, he was employed as a consultant to HT&P from January, 1995 to July, 1995. Prior to joining HT&P as a consultant, he was employed by Everon America, Inc. (which is the North American marketing company for Samson Electronics LTD, a Korean electronics manufacturer, including paging equipment) as North American Sales Manager from August 1994 to July, 1995. Mr. Bethke was Manager of Indirect Distribution with MobileComm (a Bell South company) from June 1993 to August 1994. Prior to that time he was employed as Manager of Distribution for Houston Cellular Telephone Company from November 1988.

George, Norman, (60) Chief Financial Officer, Director
Mr. George, a Director and Chief Financial Officer of the Company, was hired as Chief Financial Officer on September 1, 1998. Prior to joining the Company, he was self -employed with ownership interest in numerous retail companies over the past twenty-five (25) years. He formerly was employed for 10 years by Peat, Marwick and Mitchell as a retail consultant. He is a graduate of the University of Texas with a degree in Finance andAccounting.

Karp, Jane Ellen, (56) Director
Ms. Karp, a Director, is presently President of Karp Development Co., Inc., a real estate development concern in Highland Beach, Florida, involved in the purchase, development, design, and marketing of residential real estate in the Northeast. Ms. Karp also sits on several Boards for various charitable enterprises including Parkinson's Disease and City of Hope Special Projects.