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A Few Rules


Copyright & copy; 1999
Russ Klein

NOVEMBER 19, 1999

This is one of those stocks that you wish you would have found a little sooner.

I don't want to 'knock' or 'bash' any other stock but if you compare the web sites that this company's subsidiary has designed with some of the other BB stocks that sport web sites, you will see that this is a "top notch" company.

Remember, you should do your own Due Diligence (DD) research before taking any position in any company especially one that is still an OTCBB company.

I cannot take credit for finding this company as it was presented to me by one of the viewers of my Home Page. The following information is the research that was given to me.

WSi INTERACTIVE CORPORATION (WIZZF)OTCBB

Approx. Shs. Outstanding - 31.2 Million
Approx. Shs. in Float - 9 Million
52 Wk. Range NA
Current Price $0.30

Financials June 1999:
http://www.ws-i.com/news/financials1.html:
All their filings can be obtained from the SEDAR search page:
http://www.sedar.com/search/search_form_pc.htm - Use the name of the company for the search.

WSI Interactive Corporation

The marketing model for WIZZF is CMGI which evolved from a direct marketing agency in 1990 to one of the largest networks of internet companies in the world. The whole idea is to create a nexus of companies with the skills necessary to grow a wide range of niche e-businesses.

WSi Interactive Corp. was formed as a result of the mergers of the three companies below and pay particular attention to the projected revenues.
1. Western Shores: Over the past 10 years, Western Shores has had a successful record of providing profitable direct and database marketing services to clients in Canada and the U.S. In the last year, revenue was just under $3 million.
2. Medianet:
A high end Website developer and designer which provides state of the art web hosting services with over 70 sites designed in the past 2 years. Medianet's focus is on sites that build traffic and return on investment, rather than on simply creating graphically pleasing web pages. Projected revenue is $1.35 million for the current year.
With Medianet's recent acquisition of Talkcom Communications Canada Inc., the intent is to marry the cell phone technology with the Internet network to enhance service offerings for cell phone customers (i.e. e-mail, paging, etc.) Simply stated, it is the process of putting the Internet in the consumer's pocket. Projected revenue is $4.7 million in the first year.
3. Targetpacks: For nearly 2 years, Targetpack has been developing and managing opt-in email lists, compiled from individuals who have requested specific information or services. Targetpacks produces highly profitable e-mail broadcasts, newsletters, and other web-based promotions that generate traffic, produce leads, build market awareness, and produce e-business opportunities for clients. Projected revenue: $1.3 million. http://targetpacks.com
Targetpacks has developed 3 proprietary websites to date (Stocksecrets.com, yourwinestore.com, & tradesecrets.com - recently spun off).
Stocksecrets.com which posted record revenues last month is installing software, installing satellite dishes, and doing all that is necessary to provide free real time quotes soon.
WSI Corp will open 30 new internet businesses over the next 18 months.

6. A strong management team is in place and a recent $2 million financing means that WSi has the necessary working capital to embark on its 18 month plan.
7. WSI Corp. is rapidly expanding and becoming a world wide company.
.a. They have opened offices in L. A.. Seattle, and Torronto
.b. They plan to open offices in New York, Frankfurt, and Sidney
.c. They have recently increased the number of employees from 15, 3 months ago, to 42
.d. They intend to acquire additional complimentary businesses.
In terms of valuation, most internet plays trade at least 10 times revenue (EBAY trades at 500 times) that means WIZZF should be at least a $3 stock based on projected $10 million revenues next year. If you just look at Stocksecrets.com - that service alone is worth well over the current stock price- they will be adding free real time quotes at the end of the month. The similar American service, FRTI (OTC BB) trades at $6 with 150,000 subscribers- Stocksecrets.com already has 50,000!!
Check out this analyst report on WIZZF
http://www.ws-i.com/jhowlett/index2.html>

HERE ARE CURRENT + COMING WEBSITES:
HealthCreatorSTARTING THIS WEEK!! HUGE!!
http://stocksecrets.com-Under Construction
http://targetpacks.com
Wine Anyone?
World Trade Show
Budget Hotels
LA Film School
Hollywood
Some of these are owned by WIZZF and some are being developed for their clients.

The information in this post is believed to be accurate. Most of this information comes from company websites, news releases and analysts reports. However please do your own due diligence as this is intended as a starting point for DD not as investment advice. Contact information:
WSI INTERACTIVE CORPORATION
200 - 1200 West Pender Street
Vancouver, B.C. V6E 2S9
Toll free: 888-388-4636
Telephone: (604) 681-8589
Fax: (604) 687-4990
WSi Web Site
FOR INFORMATION, PLEASE CONTACT:
Investor Relations
Telephone: (905) 848-4728
Fax: (905) 848-0072

HOT OFF THE PRESS!!

WSi Interactive reported on Nov. 17, 1999 that it has exceeded it first quarter targets for the three months ended Sept. 30,'99.
Revenue of $814,493 exceeded the first quarter target of $750,000 by 9%.
The net loss for the period was $(243,357), or $(0.008) per share on a fully diluted basis for the period. Losses were lower than expected by 12%. During the period, significant investment has been made by WSi in technology and human resources. Staffing during the period grew from 20 full time employees to 42. Assets grew to a value of $2.3 million.
"Investment has focused on the development of proprietary Internet businesses as well as the development of convergence technologies to facilitate video and voice over the Net", said Theo Sanidas, the President of WSi. "WSi is positioned with its investments in Internet convergence technologies to take advantage of the huge growth that this sector is experiencing."
WSi's stocksecrets.com property is now turning a profit and is undergoing a complete upgrade in preparation for a re-launch of the site. Upgrades to stocksecrets.com are expected to significantly increase revenue from this property. HealthCreator.com was launched this month and will be followed by Yourwinestore.com before month's end.
Increasing revenue from stocksecrets and the revenue from newly launched businesses are trending well towards WSi's current fiscal year goal of $6 million in revenue. Revenue from WSi's direct marketing and web services are also trending upwards in accordance with Management's plans.
Russ Reports has not been compensated by this company or anyone else for the inclusion in this Web Site.
Russ Klein, editor, has a position in this company having purchased 10,000 shares on the open market. Additional shares may be purchased from time to time.

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rklein@bellsouth.net
Russ Reports Nov.'99