Commerce Planet, Inc. New Measuring Stick for Performance with Higher Multiples
Iventa will have significantly higher margins than CPNE has historically experienced. These will be in the range of fifteen to twenty-five percent higher in some cases. These Iventa opportunities will be more sustainable, longer term, and recurring.
Commerce Planet believes it should be compared to a peer group of fully integrated online marketing, e-commerce provider with online and offline customer care and this should entitle it to higher multiples.
CPNE HAS NO DEBT — $5M to $5.5M CASH AND RESTRICTED CASH ON HAND.
Link here to hear CPNE’s quarterly report. CPNE is devoted to educating the public to who they are and what they are doing. They are doing this in spades! Be the first to listen. You will be glad you did.
Source: Commerce Planet, Inc., SEC Filings
Commerce Planet, Inc.
30 S. La Patera Lane
Suite 7
Goleta, CA 93117
Phone: 805-964-9126
Fax: 805-964-9232
Website: http://www.commerceplanet.com
About Commerce Planet, Inc. Commerce Planet, Inc. (OTC Bulletin Board: CPNE) is a publicly traded, internet-based media company. The Company offers online media products, lead generation services and direct marketing tools to its client partners. Commerce Planet offers an internet turnkey media solution through its network of wholly owned subsidiaries, which include Consumer Loyalty Group, Inc., Legacy Media Inc., OS Imaging, Inc. and Interaccurate, Inc. Each subsidiary of Commerce Planet specializes in a specific niche of the online media industry. Their combined services are designed to address the needs of client partners, including membership loyalty programs, direct response consumer marketing, affiliate list management, email deployment, live chat software-based services, direct phone sales and customer service, and printing services.
Forward Looking Statements: Except for the historical information contained herein, the matters set forth in this press release, including statements as to management’s intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements include that Commerce Planet believes its shares are undervalued in relation to other industry competitors, especially in light of its past three quarters of growth, the stock repurchase program provides a vehicle to deliver value to its existing shareholders, including the maximum amounts that may be purchased under the program, and the repurchase of shares is a sound use of operating capital. These statements are based on management’s current expectations, estimates and projections, are not guarantees of future performance, and are subject to certain risks, uncertainties and other factors, some of which are beyond Commerce Planet’s control and are difficult to predict, including, but not limited to, changes in the market price of Commerce Planet’s common stock, legal and regulatory, and changes in Commerce Planet’s financial results, financial condition and cash requirements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Commerce Planet, Inc. undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Various factors could cause actual results to differ materially, such as the risk factors listed from time to time in Commerce Planet’s filings with the Securities and Exchange Commission (”SEC”), including Forms 10-KSB and 10-QSB.
Disclosure: Pentony Enterprises LLC has been compensated $33,500 directly from the company for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (214) 458-4258. Web: StockGuru.com. Email: Publisher@stockguru.com .
