CEO talk with shareholder>
** CEO STEVE BERMAN CALL II**
Extremely tough to get a hold of, but I was able to nail down 15 minutes on the phone last night...
I wanted to go over the previously announced deals in some more detail:
In order...
1) 500 Member Law Group:
Q: How did you find these people and secure the contract?
A: I have a very large rolodex built up over my 35 years in industry, and a close friend connected me.
Q: There were no revenue figures in the PR... do we have expectations for this contract?
A: We expect this contract to begin bearing fruit in mid Sept. Expectations are from between $20K-$80K/mo in gross REVS based on the amount of dealers we get put in front of.
2) Shopping Website:
Q: When will we get the name of this website?
A: NDA expires in about 30 days
Q: How did you find and secure this contract?
A: This was also a close business contact making the connection
Q: REV expectations?
A: This contract is expected to perform similar to LAW GROUP with
$20K-$80K/mo in gross REVS depending on their web traffic
3) ASSURANT - ARGENTINA:
Q: How did this contract come to pass?
A: This was an affiliate referral
Q: REV expectations?
A: We already recieved the 1st $100K in August and believe we can
make as much as $100K/mo from this contract. 1st few months very
important, which is why I will be travelling to South America in
September.
Q: This seems the biggest contract yet.. why?
A: People are keeping their cars longer in ARGENTINA because of
inflation and the new car tax, which is why extended warranty
companies are making lots of $$. We chose to partner with ASSURANT
because they are expanding into CHILE COLUMBIA and PERU. Extended
warranty companies will sell this as a new revenue stream within
their REV umbrella.
4) FORD
HE WAS HESITANT TO GIVE MUCH INFO HERE AS NO CONTRACTS HAVE BEEN
SIGNED
Q: How did this meeting get on the calendar?
A: A very close personal friend helped begin the process over a year
ago. FORD has been testing our units for months now, and just
extended the invitiation.
5) CHRYSLER
HESITANT AS WELL HERE AS NO CONTRACTS SIGNED YET
Q: How did this meeting get on the calendar?
A: Same close personal friend made the connection a couple months
ago, and they have been testing the units as well. Call came
quicker than FORD and meeting will happen before FORD.
Wanted to have the CO Domicile process explained in a more clear way:
Q: Everyone is expecting the CO DOMICILE process to either begin or
be COMPLETED by Friday. What can we expect?
A: As stated previously I am making every effort to get this done
ASAP. There will be progress updates coming out beginning
tomorrow and Friday, and continuing next week until this F*%*
attorney fixes one last item. Shareholders will see it is
happening beginning tomorrow. Finality wont come until legal
finishes this in a few more days after that. Its a matter of days
not weeks.
Q: Finality gets us what?
A: 1.4B share reduction - New website announcement - APP NAME - Debt
wipe away announcement -
6) FINS
Q: Are you happy with our recent Q?
A: Im thrilled to be able to release it by 9/15, and I think you
guys will be very happy with the results. Many of these new
contracts are too late to be represented there, but you all
should be happy
***The man is a MASTER SALESMAN***... Said hes working on ANOTHER VERY BIG NAME he may be able to announce as early as next week. Nothing guaranteed ofcourse, but the man DELIVERS!
INVEST WISELY
Thanks to INSTATRADER
** CEO STEVE BERMAN CALL II**
Extremely tough to get a hold of, but I was able to nail down 15 minutes on the phone last night...
I wanted to go over the previously announced deals in some more detail:
In order...
1) 500 Member Law Group:
Q: How did you find these people and secure the contract?
A: I have a very large rolodex built up over my 35 years in industry, and a close friend connected me.
Q: There were no revenue figures in the PR... do we have expectations for this contract?
A: We expect this contract to begin bearing fruit in mid Sept. Expectations are from between $20K-$80K/mo in gross REVS based on the amount of dealers we get put in front of.
2) Shopping Website:
Q: When will we get the name of this website?
A: NDA expires in about 30 days
Q: How did you find and secure this contract?
A: This was also a close business contact making the connection
Q: REV expectations?
A: This contract is expected to perform similar to LAW GROUP with
$20K-$80K/mo in gross REVS depending on their web traffic
3) ASSURANT - ARGENTINA:
Q: How did this contract come to pass?
A: This was an affiliate referral
Q: REV expectations?
A: We already recieved the 1st $100K in August and believe we can
make as much as $100K/mo from this contract. 1st few months very
important, which is why I will be travelling to South America in
September.
Q: This seems the biggest contract yet.. why?
A: People are keeping their cars longer in ARGENTINA because of
inflation and the new car tax, which is why extended warranty
companies are making lots of $$. We chose to partner with ASSURANT
because they are expanding into CHILE COLUMBIA and PERU. Extended
warranty companies will sell this as a new revenue stream within
their REV umbrella.
4) FORD
HE WAS HESITANT TO GIVE MUCH INFO HERE AS NO CONTRACTS HAVE BEEN
SIGNED
Q: How did this meeting get on the calendar?
A: A very close personal friend helped begin the process over a year
ago. FORD has been testing our units for months now, and just
extended the invitiation.
5) CHRYSLER
HESITANT AS WELL HERE AS NO CONTRACTS SIGNED YET
Q: How did this meeting get on the calendar?
A: Same close personal friend made the connection a couple months
ago, and they have been testing the units as well. Call came
quicker than FORD and meeting will happen before FORD.
Wanted to have the CO Domicile process explained in a more clear way:
Q: Everyone is expecting the CO DOMICILE process to either begin or
be COMPLETED by Friday. What can we expect?
A: As stated previously I am making every effort to get this done
ASAP. There will be progress updates coming out beginning
tomorrow and Friday, and continuing next week until this F*%*
attorney fixes one last item. Shareholders will see it is
happening beginning tomorrow. Finality wont come until legal
finishes this in a few more days after that. Its a matter of days
not weeks.
Q: Finality gets us what?
A: 1.4B share reduction - New website announcement - APP NAME - Debt
wipe away announcement -
6) FINS
Q: Are you happy with our recent Q?
A: Im thrilled to be able to release it by 9/15, and I think you
guys will be very happy with the results. Many of these new
contracts are too late to be represented there, but you all
should be happy
***The man is a MASTER SALESMAN***... Said hes working on ANOTHER VERY BIG NAME he may be able to announce as early as next week. Nothing guaranteed ofcourse, but the man DELIVERS!
INVEST WISELY
Thanks to INSTATRADER
