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Hot Web, Inc. Announces Open Conference Call
BOISE, Idaho, Aug 17, 2007 (BUSINESS WIRE) -- Hot Web, Inc. (Pink Sheets: HWBI) today announced that, due to the overwhelming response received by shareholders pursuant to Wednesday's shareholder letter, Chairman, George Stevens, will join President and CEO, Brian Hanold, in hosting an open conference call - the first in Hot Web's history - for shareholders, the general investment community, securities industry professionals and company affiliates on Monday, August 27th at 4pm EST. The open conference call is intended to give management the opportunity to discuss, in greater detail, topics from Wednesday's shareholder letter that were not adequately addressed, provide a open platform for any and all participants to ask direct questions and receive direct answers and discuss other developments that are currently nearing completion.
Company Chairman, George Stevens, commented, "Much to my surprise, the company has received hundreds of phone calls over the past two days, at both our company headquarters in Idaho and our Investor Relations offices in Florida, from existing and prospective Hot Web shareholders wanting more information. A matter-of-fact shareholder letter that was simply intended to review and inform has met with praise, accolades, considerable enthusiasm and, of course, many follow-up questions. As such, we have decided that additional communication is necessary. What better way to foster open communication than an open conference call?" He continued, "We are very excited to field and answer all participants questions and we firmly believe that the substance of the call will usher in new level of shareholder enthusiasm going forward."
Anyone wishing to participate in the conference call is encouraged to call Hot Web Investor Relations and RSVP for the call, so that toll-free dial-in instructions can be provided to each prospective participant.
Posts: 272 | Registered: Apr 2007
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Hot Web, Inc. Announces Increased International Sales and Increased Inquiries for Foreign Representation. Domestic Sales Continue to Improve.
BOISE, Idaho, Aug 20, 2007 (BUSINESS WIRE) -- Hot Web, Inc. (Pink Sheets: HWBI) today announced that the Company is seeing increased sales and Regional Representative inquiries from the international community in the face of an "ever-increasing appetite" for classic American cars by foreign nationals. The company is currently negotiating with prospective Regional Representatives in Moscow, Russia and Brisbane, Australia and management believes that growth of inquiries by prospective Regional Representatives from foreign countries will accelerate going forward. Recently closed international sales from the Company's HotAutoWeb business unit included a 1967 Ford Mustang Fastback for $72,000 to a buyer in Auckland, New Zealand (Ford(R) is a trademark of Ford Motor Company (NYSE: F) and a 1955 Chevrolet Belair for $47,000 to a buyer in Adelaide, Australia (Chevrolet(R) is a registered trademarks of the General Motors Corporation (NYSE: GM).
The company also noted that domestic sales continue to strengthen and, according to Company management, have the best sales months still ahead, supported by several high-profile events and auctions, such as the "Hot August Nights" event held last week in Reno, NV, the Russo & Steele Collector Automobile Auction held this past weekend in Monterey, CA, and the famed Annual Barrett-Jackson Collector Car Auction Event in January of 2008.
Recently closed domestic sales for the Company's HotAutoWeb business unit include a 1936 Ford Pick-Up Street Rod for $54,000, a 1957 Chevy Belair LS1 for $69,000, a 1928 Ford Model A Roadster for $21,500 and a 1955 Chevy Belair for $49,500.00.
Brian Hanold, CEO of Hot Web, Inc., commented, "Listings inquires are at an all-time high, consignment is strong and several big-ticket listings and collections are scheduled for early in the week this week. With strong inventory and the selling season upon us, management is both excited and ready to increase listing and sales growth going forward."
Posts: 272 | Registered: Apr 2007
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Since our lastly weekly review of Hot Web, prior to the markets open on Wednesday the 15th, shares of HWBI have put in an astounding performance.
Building on the week prior in which the company released its un-audited financial results for the first half of 2007, the stock opened our weekly reporting period at $.0055 and quickly powered through two resistance points (the $.007 & $.009 levels) with the help of some stellar press releases, to reach $.01, the stocks highest level since May 29th of this year. Yesterday's close of $.0095 represents a total price increase of 72.7% over last weeks reporting period. Total volume during the period increased 85.9% from the prior week to 25,471,228 total shares traded from 13,694,271 shares traded.
It all started with a shareholder letter to end all shareholder letters from the Company's Chairman, George Stevens, who released his opus to the overwhelming sound of applause, praise and a stock price blowing through resistance points. With follow-up releases announcing an open conference call on Monday, August 27th, and increased international regional rep inquiries, international sales and domestic sales, the stock has tested near-term price highs every day since.
In the process a bevy of technical indicators have turned decidedly positive, suggesting that Hot Web is on the verge of a meaningful break-out. Almost in unison, which is unusual to say the least, Accumulation/Distribution, the MACD and AROON Oscillators, Money Flow Index and the Chaikin Money Flow are all pointing to higher prices ahead.
Yesterday's trading session (Tuesday, August 21st) also provided a much needed test to the strength of gains made in the past week's trading. Early in the trading session on Tuesday, shares of HWBI met with well over 1 million shares in bid-side selling that knocked the stock down to $.007 (formerly a major resistance level) only to see the stock rebound during the remainder of the day to close at $.0095. This "test" managed to confirm the $.007 level as a new major support level. It also showed the resilience of the stock, as buyers recognized the red-tag discount and bid the stock up after the sell-off.
Now, we are hearing a number of investors that are calling for HWBI shares to trade at $.05 to $.10 in the short-term. As previously stated, we think those estimates may be an overly optimistic but admittedly would be MORE than happy to watch the stock trade up to either of the two numbers (shocker, right?).
What happens next?
Well that depends on what the Company has in store for us for the remainder of this week. It also depends on the outcome of the conference call that is scheduled for Monday of next week, widely regarded by market participants as one of the slowest weeks in the calendar year. If recent activity and volume is any indication we could be looking at new highs very soon. It might not come next week, but then again, it could. I guess we will find out soon. In the meantime, we are now up on our primary accumulate call (+18.75%) and up significantly on our secondary accumulate call (+111%) for shares of Hot Web.
Review the initial report on Hot Web, Inc.
Posts: 272 | Registered: Apr 2007
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Hot Web, Inc. Qualifies Prospective Regional Representatives in Four New Domestic Territories
BOISE, ID, Aug 23, 2007 (MARKET WIRE via COMTEX) -- Hot Web, Inc. (PINKSHEETS: HWBI) today announced that Company management is in the process of qualifying several individuals for Regional Representative positions throughout the United States as a result of Hot Web's ad placement in the September issue of the Good Guys Gazette, a publication of Goodguys Rod & Custom Association, which is distributed to over 100,000 hot rod, classic and custom car enthusiasts. Once qualification and training is completed, Hot Web anticipates that it will introduce new Certified Regional Representatives for territories in Southern Texas, Oklahoma, and Northern Florida in addition to the Bakersfield and Los Angeles areas of Southern California. Currently, the Company's CEO, Brian Hanold, is on a trip meeting with the prospective Regional Representatives and securing new vehicle listings.
George Stevens, Chairman of Hot Web, Inc., commented, "As our Advertising mix expands with new targeted outlets, we are seeing increased response levels from prospective regional representatives and increased web traffic by collectors and enthusiasts at our various internet properties." He continued, "We are currently targeting 100% growth in the total number of Regional Representatives for the second half of 2007, which helps to further increase listings, lowers traveling costs and gives us greater word-of-mouth exposure in local areas."
About Hot Web, Inc.
Hot Web, Inc. is engaged in the business of consigning "big ticket" transportation related items through its diversified presences, both online and offline. The Company's mission is to "change the way the world buys and/or bids online" by harnessing the power of the Internet and coupling it with human interaction and expertise to create a safe, productive, comfortable and 'Fraud Free' way to conduct online/offline commerce. The company utilizes a combination of its category-specific proprietary online properties, an established and growing base of repeat customers, a network of certified regional representatives and online third-party marketing tools like eBay Motors(TM) (NYSE), Yahoo! Motors(TM) (NasdaqGS), MSN Motors(TM) (NasdaqGS), AOL Autos(TM) (NYSE) and others to attract and market vehicle listings.
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Hot Web, Inc. Releases Open Conference Call Instructions
BOISE, ID, Aug 27, 2007 (MARKET WIRE via COMTEX) -- Hot Web, Inc. (PINKSHEETS: HWBI) this morning released instructions to the open conference call scheduled to take place this afternoon at 4:05PM EDT. Open to all who wish to participate, the call will be hosted by Hot Web Chairman, George Stevens, and President and CEO, Brian Hanold and will give management the opportunity to discuss current Company developments as well as to answer questions directly from call participants. All are encouraged to participate. To participate in the open conference call, dial (605) 772-3200 and enter the pin, '366301#'.
About Hot Web, Inc.
Hot Web, Inc. is engaged in the business of consigning "big ticket" transportation related items through its diversified presences, both online and offline. The Company's mission is to "change the way the world buys and/or bids online" by harnessing the power of the Internet and coupling it with human interaction and expertise to create a safe, productive, comfortable and 'Fraud Free' way to conduct online/offline commerce. The company utilizes a combination of its category-specific proprietary online properties, an established and growing base of repeat customers, a network of certified regional representatives and online third-party marketing tools like eBay Motors (NYSE), Yahoo! Motors (NasdaqGS), MSN Motors (NasdaqGS), AOL Autos (NYSE) and others to attract and market vehicle listings.
posted
Hey Bull22, I was on that call too... That was a confidence building call for sure. You can't ask for more out of a pinksheet to be transparent the way HWBI has..... I'm a Hotwebber, lets ride this one!!
Posts: 33 | From: Florida | Registered: Apr 2007
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Golden I was starting to think I was the only one here LOL. It was a great call. I like how the CEO talked about the other Hot Web concepts like HotRV Web, HotPlane Web, Hotboat Web and HotBid Web.
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posted
Thats a good point, all their listings/business have been focused on hotrods and they haven't even scratched the surface on the other websites in their portfolio.....
Posts: 33 | From: Florida | Registered: Apr 2007
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posted
Not to mention the regional reps they are getting. And a business model that has proven to work.
Posts: 272 | Registered: Apr 2007
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posted
thats true as well, they had some pretty good numbers to go with 50 reps that would represent only 1 in each state.... And we already know that they're allowing more than one, so the numbers just multiply to even better numbers....
Posts: 33 | From: Florida | Registered: Apr 2007
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Hot Web, Inc. Announces August's Listing Results for HotAutoWeb Business Unit & Pending September Listings
BOISE, ID, Sep 06, 2007 (MARKET WIRE via COMTEX) -- Hot Web, Inc. (PINKSHEETS: HWBI) today announced the listing results for the Company's www.HotAutoWeb.com business unit for the recently completed month of August 2007 in which the HotAutoWeb business unit secured listings with an approximated total Gross Merchandise Value of $597,000.00 USD. HotAutoWeb's notable August listings included a 1968 Ford Shelby GT-500 KR Convertible, a 2008 Ford Mustang Shelby GT-500 Coupe SVT, an Award-Winning Sam Foose-built 1957 Chevrolet 150 Custom, a 1967 Pontiac GTO 1968, an Award-Winning Bobby Alloway-built 1932 Ford Roadster, a 1946 Ford Super Deluxe LS-1 Power, and a stunning 1946 Lincoln Continental, 1 of only 265 built. Chevrolet(R) and Pontiac(R) are registered trademarks of the General motors Corporation. Ford(R) and Pontiac(R) are trademarks of Ford Motor Company. The Company also noted that September listing activity will begin with the documentation and inspection of two individual collections in the Northeast and Pacific Northwest United States. The Northeast collection, located in Jersey City, New Jersey, contains 14 highly coveted vehicles, including several extremely rare "2 +" quality "Original Style" early Ford's from the 1940s and '50s. The Pacific Northwest collection, located in Portland, Oregon, contains several highly desirable "Big Block" GM Muscle cars from the 1960s and 1 spectacular Street Rod Cabriolet that is powered by a very rare GM 427 "Twin O-Head Cam V-8." Brian Hanold, CEO of Hot Web, Inc., commented, "August was a building month in which we worked to finalize agreements and initiate training with our new group of Regional Representatives as well as target new boat and RV dealers for the expansion of the HotBoatWeb and HotRVWeb properties. We continue to have a back-log of pending automotive listings yet to be inspected and newly scheduled listing inspections for the coming week are expected to be impressive." He continued, "While the spring and summer months typically show significant increases in activity, it is in the fall and winter months when HotAutoWeb has historically completed more vehicle sales than at any other time during the year. With a handful of upcoming high-profile car shows and events, we are gearing up for a banner fall and winter." About Hot Web, Inc. Hot Web, Inc. is engaged in the business of consigning "big ticket" transportation related items through its diversified presences, both online and offline. The Company's mission is to "change the way the world buys and/or bids online" by harnessing the power of the Internet and coupling it with human interaction and expertise to create a safe, productive, comfortable and 'Fraud Free' way to conduct online/offline commerce. The company utilizes both its internal certified regional representative base in addition to online third-party marketing tools like eBay Motors and others to attract and market vehicle listings The Company's current portfolio of niche-focused online businesses consists of www.hotautoweb.com,www.hotboatweb.com,www.hotcycleweb.com,www.hotrvweb.com and www.hotplaneweb.com. The company is also currently developing other Hot Web branded online business units to complement its current roster.
Posts: 272 | Registered: Apr 2007
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posted
Bull - I posted on the other board about this one this morning. It looks good. I think it could have a good pop tomorrow. Everything looks good.
-------------------- Don't fall in love with any stock! Posts: 159 | From: Phoenix | Registered: Aug 2007
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Hot Web, Inc. Welcomes First International Regional Representative
BOISE, ID, Sep 13, 2007 (MARKET WIRE via COMTEX) -- Hot Web, Inc. (PINKSHEETS: HWBI) announced today that the Company has signed an agreement that will, for the first time in Company history, increase Hot Web's representation for Classic Cars, Hot Rods, Airplanes, Boats, Recreational Vehicles (RVs) and Motorcycles beyond the borders of the continental United States. Mr. Ross Bracher, an avid classic car collector, enthusiast and HotAutoWeb customer, based in Brisbane, Australia, will provide the Hot Web network with its first representation in a country that is well known for its appetite for "all things American," including classic cars and hot rods. In addition to managing the acquisition, marketing and inspection of new listings, Mr. Bracher will also be charged with promoting the Hot Web brand within the Australian territories of Queensland and New South Wales and recruiting new Representatives in other geographic areas within Australia.
With training scheduled to begin immediately, Mr. Bracher will also be the first Regional Representative to be trained and certified "virtually" through Hot Web's new interactive Internet-based training program, a groundbreaking initiative that is designed to lower overall training costs and speed up Regional Rep acclimation.
Brian Hanold, CEO and President of Hot Web, commented, "We are thrilled to be able to announce the first international Rep to the Hot Web family. Ross is a seasoned collector and automotive enthusiast and he is as excited to be representing Hot Web in Australia, as we are to have him. His infectious enthusiasm and first hand knowledge of the Hot Web's FRAUD FREE inspection, transaction and delivery process will go a long way to foster increased listings and sales and to and from his international region."
About Hot Web, Inc.
Hot Web, Inc. is engaged in the business of consigning "big ticket" transportation related items through its diversified presences, both online and offline. The Company's mission is to "change the way the world buys and/or bids online" by harnessing the power of the Internet and coupling it with human interaction and expertise to create a safe, productive, comfortable and 'Fraud Free' way to conduct online/offline commerce. The company utilizes a combination of its category-specific proprietary online properties, an established and growing base of repeat customers, a network of certified regional representatives and online third-party marketing tools like eBay Motors(TM) (NYSE) and others to attract and market vehicle listings.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Hot Web, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR FURTHER INFORMATION, investors are asked to visit the Company's website at www.hotwebinc.com.
Contact Investor Relations:
Matthew Lovito Brass Bulls Corp. 1-866-342-2700
SOURCE: Hot Web, Inc.
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posted
this is great news, our first international rep. when everybody sees the real value in this company then we will get out of pinkyland
Posts: 272 | Registered: Apr 2007
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Hot Web, Inc. Announces New Vehicle Listings
BOISE, ID, Sep 18, 2007 (MARKET WIRE via COMTEX) -- Hot Web, Inc. (PINKSHEETS: HWBI) today announced that the Company has secured 15 new vehicle listings for its HotAutoWeb business unit as a result of management's successful trip to Jersey City, NJ last week. In total, the value of secured listings from the trip carries an estimated retail market value of $325,000.00 USD. Hot Web's management inspected and documented 15 highly coveted vehicles, many of them vehicles from the 1940s & 1950s, from Cambridge Motor Works of Jersey City, NJ. All of the vehicles are in excellent condition and most are rare in the sense that they are of "stock restored format." Notable listings include a completely restored 1941 Ford Super Deluxe 2-door convertible, a 1961 Ford Thunderbird convertible, a 1955 Ford Thunderbird, three Ford Rancheros from 1957, 1958 and 1959, a 1950 Ford Club Coupe, two Ford Galaxie Sunliner convertibles from 1959 and 1961, a 1957 Ford Thunderbird, a 1958 Edsel Citation, a completely restored 1948 Jeepster, a 1953 Buick Special 2-door Hardtop, a 1978 Lincoln Mark V Diamond Jubilee and a 1984 Corvette. Chevrolet(R), Buick(R) and Pontiac(R) are registered trademarks of the General motors Corporation (NYSE). Ford(R), Lincoln(R) and Pontiac(R) are trademarks of Ford Motor Company (NYSE).
Brian Hanold, CEO of Hot Web, Inc., commented, "All the vehicle listings gathered from our recent trip to New Jersey are highly coveted cars and appear to appropriately priced with a marketable pricing structure. Historically, it is these moderately priced collectable consignments that tend to sell very quickly." He continued, "The partners of Cambridge Motor Works are well aware of both our marketing capabilities and standing in the classic car community, so its meaningful that they have chosen HotAutoWeb to consign 15 vehicles. I also believe it is a testament to no only our existing accomplishments, but also our future prospects that one of the Cambridge Motor Works partners decided to purchase shares of Hot Web in the open market."
About Hot Web, Inc.
Hot Web, Inc. is engaged in the business of consigning "big ticket" transportation related items through its diversified presences, both online and offline. The Company's mission is to "change the way the world buys and/or bids online" by harnessing the power of the Internet and coupling it with human interaction and expertise to create a safe, productive, comfortable and 'Fraud Free' way to conduct online/offline commerce. The company utilizes both its internal certified regional representative base in addition to online third-party marketing tools like eBay Motors (NYSE) and others to attract and market vehicle listings
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Hot Web, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR FURTHER INFORMATION, investors are asked to visit the Company's website at www.hotwebinc.com.Posts: 272 | Registered: Apr 2007
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posted
Hot Web, Inc. Releases Current Auction Information
BOISE, ID, Sep 25, 2007 (MARKET WIRE via COMTEX) -- Hot Web, Inc. (PINKSHEETS: HWBI) today released information about recently initiated auctions that the Company's HotAutoWeb business unit is running through eBay Motors(TM). Currently, the HotAutoWeb unit has twenty-one 7-day vehicle auctions in place through eBay Motors(TM) with aggregate posted asking prices for the entire twenty-one-vehicle inventory exceeding $1,015,000.00. The auctions, which were initiated on Sunday morning and are roughly 36 hours old, are drawing some solid bidding activity, with most of the vehicles seeing multiple bids and bidders and several auctions fielding firm offers as of Monday afternoon. Furthermore, the Company expects to begin additional 7-day auctions later this week that should raise the aggregate posted asking prices of the vehicles being auctioned on eBay Motors to between $1,250,000,00 and $1,500,000,00. All current auctions can be viewed by visiting the HotAutoWeb's eBay Motors Store at the following URL: http://stores.ebay.com/Hot-Webs-HotAutoWeb
Hot Web President and CEO, Brian Hanold, commented, "We are seeing an increase in general market activity for buyers of classic cars worldwide. Our latest marketing initiatives and the overriding seasonal trend are helping U.S. sales, while the weakness in the U.S. dollar is helping to attract foreign buyers." He continued, "Listings continue to come in the door and sales volumes are starting show strength. We are encouraged at the 4th quarter activity so-far, and look forward to sales activity for the remainder of the year."
About Hot Web, Inc.
Hot Web, Inc. is engaged in the business of consigning "big ticket" transportation related items through its diversified presences, both online and offline. The Company's mission is to "change the way the world buys and/or bids online" by harnessing the power of the Internet and coupling it with human interaction and expertise to create a safe, productive, comfortable and 'Fraud Free' way to conduct online/offline commerce. The company utilizes both its internal certified regional representative base in addition to online third-party marketing tools like eBay Motors and others to attract and market vehicle listings.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Hot Web, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR FURTHER INFORMATION, investors are asked to visit the Company's website at www.hotwebinc.com.Posts: 272 | Registered: Apr 2007
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posted
Great news again. Company making all the right moves. A growing business and great business model.
Posts: 272 | Registered: Apr 2007
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