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ZiaSun Technologies ZSUN is an internet holding company whose properties include Momentum Internet Inc, which controls a range of products and services, including an on-line stock trading system, a premium web-based e-mail service, a rapidly expanding advertising banner network, a popular finance website, and an Asia-focused search engine.
A second subsidiary, Momentum Asia Inc, provides a wide range of compatible graphic design,writing, printing, database management, and customer service operations.
Specifically ZSUN owns
Swiftrade.com swiftrade.com - an online discount brokerage
Search Dragon searchdragon.com -a search engine and directory of Asian businesses,governments and non profit organization.
MediaHits mediahits.com - an online ad banner network
PinMail.com pinmail.com - a premium email service designed for business travelers
Momentum Finance mfinance.com - a financial news and information site
Slightly over 10M shares outstanding, float 2.5M ZSUN expects to make a profit this year-a rarity among internet stocks ziasun.com under finances
"Momentum Asia net assets have increased from about $800,000 (year end 1997) to over $2.5 million as of June 30, 1998. The company earned $140,000 in 1997, and is expected to generate year-end 1998 earnings of around $680,000."
Like Momentum Internet Inc, MAI serves a client base consisting primarily of American corporations, and has capitalized on Asia's economic situation. Partial Listing of Momentum Asia's International client base includes Federal Express, Enron Power
The Philippine Government,IDESS Maritime Training Schools,Ritchie Brothers Auctioneers, Ltd.,Metroplex Casinos Subic Telecommunications among others ziasun.com
The company is actively looking to acquire other small internet enterprises to compliment those in hand.
Looks like a mini CMGI - with online brokers and small search engines running up of late, look for this one to be discovered soon
ZSUN trading 5s ziasun.com
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