mama2
23 years ago
Relisting Update!!!
Sorry it didn't link. Cut and paste to your browser for the re-listing registration statement and a good source of initial DD.
http://ragingbull.tenkwizard.com/fil_submis.asp?repo=tenk&ipage=1493797&doc=1&to tal=2&back=1&g=
INTRODUCTORY STATEMENT
BIFS Technologies Corporation (f/k/a BioFiltration Systems, Inc.) has elected to
file this Form 10-SB registration statement on a voluntary basis in order to
become a reporting company under the Securities Act of 1934. The primary purpose
for this is that the Company intends to be listed for trading on the OTC
Electronic Bulletin Board. Under the current NASD rules, in order to become
listed on the OTC Electronic Bulletin Board, a company now must be a reporting
company under the Securities Act of 1934.
This registration statement, including the information that may be incorporated
by reference, contains forward-looking statements including, among other items,
statements regarding the Company's business and growth strategies and
anticipated trends in the Company's business and demographics. These
forward-looking statements are subject to a number of risks and uncertainties,
some of which are beyond the Company's control. Actual results could differ
materially from these forward looking statements as a result of factors
described in the section ''Risk Factors'' including, among others, regulatory or
economic influences.
mama2
23 years ago
Welcome Everyone!
Hi Charles (you're new to me, I know everyone else so that's why I single you out) I'm glad you spoke up here. Many of us feel the same way about RB and Agora and just want to discuss thoughts that's why we're here and at the MSN site.
I wouldn't presume to tell you where to find what you would deem reliable DD, but I'll give you a hint. IMHO, while everyone is excited and talks alot about the tech side, its the bio side that this company was founded on and will ultimately grow by. I'm not saying we don't have good tech, but to dig down deep, you've got to know what we're doing in bio to catch the necessary infrastructure that we're building that necessitated our diversification into the tech side. Check out every piece of wastewater treatment information you can get into and build from there.
PS; It is a huge risk and you could lose your shirt. Like with any penny invest only what you can lose. Personally I can only invest in long term pennies unlike many people I know who are good and make money day and week (short term) trading. Its important to know what style of penny play you are comfortable with; something that may not pay off for years or put a lot of $ (ie own a lot of shares) into something for a few days and have a couple of cent increase be a windfall. Good Luck to you!
mama2
23 years ago
Words from the COO on TV + site:
BIFS Technologies Corporation subscribes to a business philosophy that is fundamentally centered on providing advanced technologies to our customers, which meet their demands for service and which assures their satisfaction with our products. It has been our goal to make certain that all of our products provide both value and reliable performance. BIFS Technologies Corporation’s business approach differs considerably from many of our competitors, who nowadays rush to spend their capital assets in hopes of being first to the market and garnering a return without first assuring that a sound business plan is in place and that a strategy for success is fully developed prior to execution. The executives of this company have taken a very different and deliberate approach in all of our business ventures. Our philosophy is a throwback to yester year and has been derived from the decades of professional corporate experience possessed by our personnel.
Our business strategy endeavors to “build” the business, through the establishment of a solid foundation, while avoiding corporate indebtedness during the development phases of our products and by assuring a stable year-over-year growth pattern. This philosophy applies to all of our divisions and all of our products, whether they are offered through our core business or through our Emerging Technologies Division. The people of BIFS Technologies Corporation are convinced that a well crafted and strategic approach to business will best serve our company and its investors for years to come, as we continue to grow. We believe that companies that fail to employ sound business fundamentals, will be short lived and will be forced out of business, as evidenced by the demise of many of our competitors during the past year.
The products developed by our Emerging Technologies Division, like the TV+ Internet system, are intentionally engineered with this philosophy in mind. Our goal has been to avoid the high costs associated with a conventional rollout strategy for broadband telecommunications infrastructures and to maximize the potential for success by carefully building a solid business foundation for the program. BIFS Technologies Corporation formulated its strategic plan for the TV+ Internet system, which we believe eliminates many of the pitfalls experienced by our competitors. The TV+ Internet program optimizes the benefits brought through our strategic partnership program with local television broadcasters and makes it possible for them, under their broadcast licenses, to compete in the ISP market with only a limited capital expenditure and to participate in a profit sharing arrangement that is both lucrative and sustained. This approach creates an entirely new revenue stream for our broadcast partners and provides their viewing customers with a new and valuable service. The TV+ Internet program focuses on amalgamating a series of advanced technologies into a single Internet delivery mechanism that surpasses conventional Internet delivery practices in both its capability and in its cost benefit to the consumer. The result has been the creation of a wireless delivery mechanism with tremendous range, that costs relatively little to deploy, and which provides demonstrative broadband capacity.
After witnessing the mad scramble by many companies over the past several years to aggressively spend billions of dollars of investor money to develop hardwired broadband infrastructures in only a handful of large cities, while simultaneously incurring enormous debt, and all the while hoping to attract a customer base in the face of overwhelming competition, we at BIFS decided that there must be a more attractive solution. As these companies engaged in the fight over market share with their competition, the executives of BIFS Technologies Corporation conscientiously decided on a very different strategy, which focused on developing a new vision of communications technology along with a 1950’s television broadcasting approach to its delivery. Our intent has been to design and build an advanced broadband infrastructure that can provide a variety of advanced telecommunications services, while avoiding the high cost typically associated with the deployment and maintenance of these types of systems. It has also been our goal to purposively test the marketability of these selected broadband products, within selected test market, to see exactly where consumer preferences reside before adopting an extended rollout strategy and, given this information, to refine our product engineering to assure that our deployment strategy avoids the mistakes made by many of our competitors. The TV+ Internet system, we believe, achieves these goals.
The people of BIFS Technologies Corporation are dedicated to the success of this program and as we progress in our rollout campaign we will be announcing major developments concerning the TV+ Internet system as they occur. Over the next several years, we plan to fully execute the deployment phase of our business plan and intend to make this exciting technology available in many cities and rural regions throughout the globe. We trust that you will be pleased with our progress throughout the coming years.
Sincerely,
Frank Bridges, Chief Operating Officer
BIFS Technologies Corporation
charles12
23 years ago
Hi all,
I'm new to posting, however i've read RB/Agora for a while.
I don't believe much of what I read on either site, RB is a battle zone, and Agora is too one-sided so I don't post on either. Regardless, I have tried to do DD on this company, but haven't really come up with anything other than their website and some company PR's. When I talk to brokers, they tell me I'm nuts, WAY too risky. Well, sometimes you have to go way out on a limb.Anyway, if anyone coiuld point me to wome reall DD, it would be appreciated.
Charles
Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
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