Play of the week....VNCA!
Tod Michael
VNCA up 577% after news of 15:1 split! Closed on Friday @ 3.53 and
Target price for pre-split is $25! Don't miss out on
this one!
Get in before the date is announced! Mr. Kirby of Let's Landscape,
Inc. expects the date to be announced in 5-10 days!
The split was part of the terms for $500k financing for the company's
plans to expand thier landscaping retail outlet and
consultation outlet stores in the US. They currently have 6 stores in
Canada. Construction in NC will begin in early spring
along with the launch of it's plans for e-commerce. Read the attatched
news! Look at VCSY and OTCA for pre-split stock
comparisons.
*********
TORONTO, Jan 7, 2000 (BUSINESS WIRE) -- VenCap Capital Corporation
(OTC:BB-VNCA) is pleased to announce
that it's new board has scheduled the opening for its' first U.S.
based Let's Landscape Outlet in North Carolina. The
Company will be incorporating an established landscaping business with
into its' stable of companies operating as either
franchises or company owned enterprises.
The Company anticipates that the spring opening of the first American
situated outlet of Let's Landscape will be
instrumental in assisting the Company with its expansion plans into
the United States and in securing, over the next five
years about 2% of the available market, estimated to
be $39 billion. Currently, Let's Landscape has 6 outlets, all
operating in Southern Ontario. Using this operation as a base,
the Company has plans to open over 200 such outlets throughout the
Continental United States & Canada over the next
five years.
TORONTO, Jan 14, 2000 (BUSINESS WIRE) -- VenCap Capital Corporation
(OTC BB: VNCA), today defined its online
Internet development strategy for Let's Landscape (together) Inc., its
rapidly growing North American retail chain of
landscape design, supply and installation outlets
servicing "do-it-yourself" residential consumers and professional
landscape contractors.
To meet its aggressive expansion policy, the Company announced on
January 7, 2000 that it has scheduled a Spring
2000 opening of its first U.S. based location with plans to open an
additional 200 such retail storefront locations
throughout the Continental United States and Canada over the next 5
years.
In addition to its retail expansion plans, the Company intends to
augment its revenue model driving multiple revenue
streams by leveraging the Internet to deliver the same service and
supply provided by their retail outlets. These include but
are not limited to revenue derived from: spot and banner advertising
by national product manufacturers suppliers and
distributors, preferred supplier fees charged to partners who qualify
as regional
primary suppliers of products and materials , online real time design
and project management services and traditional
mark-up on delivery of landscape products and materials.
Initial launch efforts will focus on developing and hosting a web
based landscape and horticulture community dedicated to
the furtherance of the landscape and horticulture enthusiasts' self
expression. A community of this nature, free of
geographical borders enables an exchange of ideas, the ability to chat
in real time and the capacity to offer online
educational services on new products and their application sponsored
by national manufacturers, suppliers and
distributors.
Subsequent expansion of the Let's Landscape (together) online
community is to establish an Internet based franchise
network of product and service brokers, the Internet equivalent of the
Company's retail locations. Dealing with preferred
suppliers, the broker network will
supply and service online customers within their local or regional
franchised area as referred by the Company's corporate
office.
Within this infrastructure will exist a retail and commercially driven
E-commerce component targeted to online purchase of
design, project management, landscape materials supply and
installation services. Industry sources for 1998 indicate the
landscape and horticulture markets generate $25 billion per annum in
the United States and that the niche landscape
market generates an additional $14 billion per annum. Canadian
revenues for a combined industry of landscape,
horticulture and
garden centres is valued at over $10 billion.
TORONTO, Feb 18, 2000 (BUSINESS WIRE) -- As previously announced the
Board of Directors of VenCap Capital
Corporation, by resolution on February 10, 2000, approved a forward
split of 15 shares for every one share of its common
stock currently authorized.
Documentation with respect to this change in the structure of the
capital stock of the Company has been submitted to
NASD and other appropriate state regulators. As a result of the
forward split of the stock, there are approximately
30,000,000 shares issued and outstanding.
The Company is actively pursuing a financing in excess of $500,000 to
be used in conjunction with its previously
announced expansion plans in North Carolina which are currently on
track.
VenCap trades on the OTC-BB-VNCA. For more information please visit
www.letslandscapetogether.com or
www.below10.com or call Mr. Roger Kirby at 1-905-820-7894.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT
Rating- Strong Buy)