WCTI- Wordcruncher ( www.wordcruncher.com )
WCTI is the process of releasing their multi-lingual technological search engine. The stock
has 7 Million restricted shares owned by insiders, and 4.2 million in the float. Now to the
information that everyone wants to know. First their show in Mineanopolis was a great
success a 100 big brokers. The one in Miami was not as good of a success only about 50
there but many great investors were there. They have received calls from Smith Barney,
Merril Lynch, etc… Those were two names that he used. Expecting a lot of news in the first
two weeks of January. They are meeting with the press, and trade analasys daily.
Wow this sounds great! But why aren't they on Nasdaq and when will they become listed?!
Good question, Daniel! You are so smart:) Well so far they have passed almost all the
requirements for Nasdaq except for one very important one. They need the minimum capital
for Nasdaq. Now they have only 750 thousand dollars in liquidity. They are looking for 10
Million by Mid 99.
Sounds good. Will they also have free e-mail accounts, and stock quotes, etc… Like the big
search engines have?
Another great question Daniel. Well currently they will not be offering them but in the future
they will. Currently they are just planning on releasing the searching ability of this search
engine.
Will it be all languages?
The first one will not be. It will only be for English and other Western European languages.
Each release will add more and more languages. By the third language it will contain all the
languages.
Do they have any advertisers yet?
Not yet, they are still talking to advertising brokerage companies such as Double click about
it.
Will they be making funny commercials like Hotbot?
Well, as we all know TV costs a lot. So we will not be doing any television commercials,
however they we will be featured on CNBC, and MSNBC sometime during January. They
will also be holding shows in San Fransisco, and Los Angelos during January.
Where do you think the stock price will be in the future?
I am restricted from saying this, but as you probably know about the other search engines.
They are better then the other search engines and people will hopefully notice this. They will
hopefully be a competitor with Yahoo, Excite and Yahoo later on. There is no reason why
they should not.
From SI thread.
