Same your way sarah yout a asset to the board Here is something I dug up online. Looks like a full write up for one of my bigger buys-Im still speclatingSubject: SHGY, a Hidden Gem OR Just another Company ?
SearchGuy.com Inc (SHGY.pk)
A Hidden Gem OR Just another Company ?
Let me introduce you to Searchguy.com (OTC: SHGY), one of the newest
and most innovative search engines on the net today...
If you were offered the chance to buy Google.com or Yahoo at .50
cents, would you jump on the opportunity? Well, SHGY is presenting
that exact opportunity to investors... Do a direct comparison between
Searchguy.com and Google.com , Yahoo.com , or Askjeeves.com ( All
billion dollar market cap stocks) and see how the results differ.
Most of the time you will see you get much better search results with
Searchguy.com ...This is a ground floor opportunity to purchase what
may be the direct competition to Google.com in the VERY near future.
Google.com`s Recent 2.3 billion dollar initial public offering
has
brought it to a staggering 37 billion dollar market cap and a
whopping Price Earnings ratio of 190. ! Yahoo.com is currently
trading with a 46 billion dollar Market cap and a Price to Earnings
ratio of 134, Even MAMA.com an underachieving search engine with an
income of only 1.2 million dollars is trading with a Price Earnings
ratio of 57 , and if a company like Looksmart.com Who is losing 5
million dollars a year net can have a 170 million dollar market cap I
believe that no matter how good or bad Searchguy.com's financials
will be the hype factor surrounding these stocks should bring its
market cap to 100 million$ which would be 2$ a share. This is also a
very conservative estimate because if and when this search engine
were to get widespread usage, I believe we could see a spike to as
high 3-4$ within the next few months.
Some Important Points to Consider (most information provided by the
company)
* No debt – The company is fully financed by private investors as
Google was in its early stages and does not need any financing for at
least the next 12 months ( note this is where most bulletin board and
pink sheet companies fail in their share price , because their
development stage status and need for financing brings the wrong kind
of financiers to the table who just seek a maximum return on their
investment within the shortest amount of time).
* Enough cash to at least till September of 05 without the need to
access debt or additional equity (Low Cash Burn Rate).
* Generating Revenue + cash flow positive ("We can exist and make a
profit on what we already have in our client base").
* Audit currently undergoing, anticipated to be completed soon.
* Quotation on the Nasdaq as soon as possible.
* NO Risk of Dilution: The Company has received several calls from
large investors and some institutions asking for shares. The Company
has stated again and again, that Insiders aren't interested in
selling any stock.
* O/S 50M: Was Just DECREASED by a cancellation of 50 million shares
by the company.
* Float 14M: Free Float is 4M and in Strong Hands; most % of the
Float (10M shares) controlled by Insiders who aren't selling.
* MOBILE SEARCH: This new technology will allow users to browse the
internet from any Palm Pilot or Blackberry device, as well as
internet enabled mobile phones. SearchGuy Mobile has been tested in
over seven countries, with an average result time of just over two
seconds per search query.
* Geographical expansion into other continents (Japan, UK, Spain,
Italy…)
* Hot Sector: With the Google.com IPO that just happened and the
overall momentum and hype in the Search Engine Sector, Searchguy.com
is a company that is set to benefit from the upcoming
* Institutional Support (several speculative hedge funds accumulating
it)
* Toolbar V2.0: The launch of this updated version of the
Searchguy.com application is going to have a built in Firewall and
Spy-ware detector.
* Exposure: With the recent launch of the National Advertising
campaign , Searchguy.com is investing in its future by spending money
on exposure.
IN CONCLUSION I believe that after reviewing the FACTS, It might be
that the other Search Engines are just plain overvalued or maybe
Searchguy.com is just undervalued , as an investor I feel the
equilibrium will need to be met and it doesn't look like
Yahoo.com or
Google.com are coming down anytime soon. So I say SHGY is a HIDDEN
GEM.
Share Information
Company Name: SearchGuy.com Inc
Stock Symbol: SHGY
Shares Outstanding: 50 million
Shares in the Float: 14 million (approximately)
Free Float: 4 million (approximately)
Web Site: http://www.searchguy.com/
INVESTOR KIT http://www.searchguy.com/investors/investorkit.pdf
Headlines
Oct 06, 2004
SearchGuy.com Sees No Reason for Stock Decline http://biz.yahoo.com/prnews/041006/sfw081_1.html
Oct 01, 2004
SearchGuy.com Announces Final Stages of SearchGuy Mobile Development http://biz.yahoo.com/prnews/041001/sff023_1.html
Sep 23, 2004
SearchGuy.com Launches Toolbar V2.0 With Built in Spyware Detector http://biz.yahoo.com/prnews/040923/sfth073_1.html
Sep 22, 2004
SearchGuy.com Partners With Search123 http://biz.yahoo.com/bw/040925/245499_1.html
Sep 20, 2004
SearchGuy.com Retires 50.0 Million Shares of Company Owned Stock
Decreasing Outstanding Shares http://biz.yahoo.com/prnews/040920/sfm113_1.html
Sep 15, 2004
SearchGuy.com Successfully Completes Advertising Giveaway http://biz.yahoo.com/prnews/040915/sfw050_1.html
Sep 14, 2004
SearchGuy.com Launches National Advertising Campaign http://biz.yahoo.com/prnews/040914/sftu102_1.html
Sep 3, 2004
SearchGuy.com Launches $100,000 Advertising Give Away http://biz.yahoo.com/prnews/040903/sff017_1.html
August 18, 2004
SearchGuy.com Launches New Search Result Features http://biz.yahoo.com/prnews/040818/sfw052_1.html
July 21, 2004
SearchGuy.com Commences Beta Testing of Mobile Search Technology http://biz.yahoo.com/prnews/040721/sfw078_1.html
July 12, 2004
SearchGuy.com Launches SearchGuyBot(R) http://biz.yahoo.com/prnews/040712/sfm099_1.html
June 30, 2004
SearchGuy.com Launches Advertising Keywords and Provides Update on
Other Developments http://biz.yahoo.com/prnews/040630/sfw061_1.html
June 28, 2004
SearchGuy.com Announces the Release of SearchGuy Toolbar V1.0 http://biz.yahoo.com/prnews/040628/sfm107_1.html
June 16, 2004
SearchGuy.com Unaffected During Major DNS Attack http://www.searchguy.com/prdns.html
June 11, 2004
SearchGuy.com Reports an Increase in Traffic http://www.searchguy.com/prtraffic.html
May 29, 2004
SearchGuy.com Issues Letter to Shareholders Regarding IPO. http://www.searchguy.com/pripoletter.html
July 22, 2004
A Wave of Mobile Search
By Zachary Rodgers http://www.clickz.com/news/article.php/3384771
This Post is the sole opinion of the poster and should not be
constituted as investment advice; it is purely an informational post
to portray the infficiencies in the public stock markets. Always
consult a professional before making a decision in the stock market.
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