Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Hot Stocks Free for All !
»
STTC
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by keithsan: [QB] nice news today STTC Wholly Owned Subsidiary, WholesaleByUs, Expands Distribution to BizRate.com - CEO Purchases More Shares in the Open Market Monday January 31, 3:00 pm ET BERNARDSVILLE, N.J.--(BUSINESS WIRE)--Jan. 31, 2005--SoftNet Technology (OTCBB Symbol: STTC - News; German WKN#: A0B7RZ) announced today that WholesaleByUs (WBU) expanded product distribution to [URL=http://www.bizrate.com.]www.bizrate.com.[/URL] On Thursday of last week, the CEO purchased an additional 38,300 shares as high as $.22 a share. He has now purchased about 100,000 shares in the month of January. BizRate.com has developed one of the most powerful shopping search engines known as shopzilla. This shopping search engine directs buyers to a list of vendors and products that a consumer is looking for. Then the consumer makes his/her purchase directly from a vendor's shopping site. BizRate makes money by charging for each click through to the vendor's shopping site. WBU has experienced a very high amount of traffic in just the few days that WBU has been listing through BizRate. Sales in the past week have begun to expand at an accelerated rate. It has been about 30 days since the aggressive expansion to new portals began in late December 2004. It normally takes 30 to 45 days to see a jump in sales after certain portals and new products are added. It also now appears that WBU's 1st quarter 2005 revenues will surpass 4th quarter 2004 holiday revenues. Revenues should continue to increase at a quickened pace, in the coming months from all the new portals that were added in the past month. Then an additional increase in revenue should be realized as TVA Productions starts the Marketing Blitz in the coming weeks for SoftNet Technology. New additions and adjustments to the WBU website will also contribute to the growth. More products are expected to be added in the coming months as well. "The same things that I began to see happening in October and November for WBU are now happening again but on a much larger scale," stated Mr. James M. Farinella, CEO/President of SoftNet Technology. "We have expanded our operations at a tremendous rate. I continue to see more and more potential for the future of SoftNet Technology and our subsidiaries." Please visit our website at [URL=http://www.softnettechnologycorp.com]www.softnettechnologycorp.com[/URL] for more information or call the company directly at 866-898-4842 (local - 908-204-9911). [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2