A friend pointed these guys out to me yesterday because they had some sort of prospectus for private equity investment. I looked into it and for legal reasons will make no comment here. But thought some people in here might find it interesting.
The company summary is: --------------------------------------- SISS Business Systems was established in 1998 to dominate the online global directory industry in the long term. Since then the task has been expanded to include - Domination of the online directory industry. - Provision of better systems for classifying and discovering online classified ads for the world’s online classified ad industry. - Provision of the next generation of business systems after online directories and search engines, namely the spatial marketplace systems. --------------------------------------- They were trying to raise $5m by selling 20m shares at $0.25 a share. Based on this, they valued the company at over $250m. http://www.sissbusinesssystems.com/investment-overview.html http://www.sissbusinesssystems.com/uglii-systems-overview-video.html http://www.uglii.com/ I've never heard of them and the video on the website doesn't exactly excite me. In-fact it does the complete opposite. So, is the next killer app actually coming from Traralgon, Victoria and is it called Uglii? Hmmm.... I could email the prospectus if anybody is interested. It's quite interesting. :). NOTE. This is not in any way and endorsement of the company above, I was more keen to show it to the Silicon Beach Crew and see if anybody has heard of it, or anybody involved. -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://tr.im/ujKF No lurkers! It is expected that you introduce yourself: http://tr.im/ujMm To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
