-Going High-Tech...On January 28th they announced a letter of intent to acquire MultiTrade Technologies, a New York-based company specializing in providing information technology solutions to small and medium businesses to satisfy their <u>Enterprise Resource Planning (ERP) and Enterprise Management Systems (EMS) needs. “Within this targeted market segment, there is a growing need for integrated systems that streamline information management while remaining cost efficient. This need demands solutions that will help clients integrate financial information and customer order information; standardize and speed up manufacturing processes; reduce inventory; and standardize human resource information.”
"After a few months evaluating opportunities in the technology industry, we have determined that information technology shows the most exciting growth potential," says Dennis Lauzon, CEO of The Jackson Rivers Company.
Observation: Choosing companies in industry sectors that require little cash for operating expenses. Acquiring sectors/processes that compliment each other and that whose operations overlap. Smart growth. More to come.

-Recent Acquisition of JRC Global Products, Inc. - shows New business starting up with new management and big plans:
"In the beginning, the purpose of this new subsidiary will be to conduct wholesale purchases of plastic products to sell in the Eastern United States. As the business grows with additional products and customers, we anticipate future expansion throughout both the U.S. and internationally."

-Dealing with large companies:
"...entered into an agreement with a large international plastic manufacturer, to distribute their products throughout the Eastern United States."

-$2 million in gross sales in first deal - and forecasting growth: "Consistent with our strategic plan, we will begin to distribute plastic products in the Northeast United States with plans to distribute throughout the entire United States within the near future. We estimate this agreement to be valued at approximately $2 million in gross sales in the first year."

-NEWS just recently beginning to come with the promise of more very soon - more deals planned “within near future”. Expect NEWS on Mergers/Acquisitions and expansion of business.
"Acquiring MultiTrade Technologies is the first step in laying the infrastructure to accomplish this mission."

-New CEO Dennis N. Lauzon has only recently taken control of company and has just begun to make things happen. Taking action fairly quick with typical company building moves: got rid of ex-CEO, making acquisitions, landed first revenue generating deal, issuing S-8‘s to be used strategically while keeping balance sheet healthy, forecasting growth.

-New CEO is putting his own money down. Financing appears covered for at least next 9 months - no convertible debentures.

-Low shares out - reasonably estimated at around 50 mil.

-Founded in 2001, The Jackson Rivers Company is a business development company based in New York and San Diego. Its principal subsidiaries are Jackson Rivers Global Products, a product distribution company in the Northeast and Jackson Rivers Technologies, a developer of integrated technology solutions.

-Nice and clean balance sheet, with positive equity.

-Negligible debt and minimal accumulated deficit .

-Recent S-8 likely issued to avoid debt financing. Different from the typical S-8's - plan is entitled "Employee Stock Incentive Plan for the Year 2004, Non-Employee Directors and Consultants Retainer Stock Plan for the Year 2004", which it would be reasonable to believe that current intentions are that this is the only S-8 to be issued this year.
Majority of shares are for Employee part and are for stock options and awards to tie personal performance to company performance so that personnel are rewarded as stock price rises. Other 10 mil of S-8 will likely be used for acquisition related activity.

-No "going concern" statement so no chance they are going under - to the contrary, they are just starting out. Company changed hands in June 2003 and is just beginning to implement growth strategy.

-Website in process of being revised to reflect current operations.

-Can reach profitability easily with the right moves - may already be there.

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Originally posted by stock_82:
I'm in there with you at .0165. I wish I would have jumped in with D-Boy at .0155. It's looking good though....QUESTION - What do you guys put as your limit order to sell in this scenario? What percentage gain do you usually use?

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