ShareCom, Inc. (OTCBB: SHCC) Current Price: $0.0154 52 Week High: $2.49 52 Week Low: $0.009 |
Why SHCC? - SHCC has established business relationships with FEMA, the American Red Cross, AAA, NOAA, and more.
- SHCC is currently booking revenues of $45,000 per month and projects revenues of $13 million for 2002.
- Partnerships and market advantage fuel exponential growth for SHCC.
The Time is NOW at Sharecom |
The Federal Emergency Management Agency (FEMA), the National Weather Service (NWS), the Red Cross and AAA are a but a few of the agencies and organizations with whom ShareCom Inc. has forged alliances to ensure clear competitive advantage for its product lines. The past 10 years have seen a dramatic increase in severe weather conditions˙FFFF85and with continued global warming these patterns will exacerbate. Prompted by FEMA and NWS aggressive programs, demand for the Company˙FFFF92s NOAA Weather Radio will soar. Today 7% of American homes possess a NOAA radio˙FFFF85 the national goal is 100%. ShareCom˙FFFF92s www.WeatherRadios.com is the site for consumers to purchase the Company˙FFFF92s superior product at a significant discount. SHCC's revenue flow rate is at $45,000/month and rapidly growing. The Company will realize a profit this year and plans to triple it next.. SHCC's market dominance in this growing "bread and butter", niche business makes it an interesting acquisition candidate and a compelling investment.
ShareCom, Inc. Ships the First NOAA Weather Radio Featuring Instant Localized SetupPALATINE, Ill.--(BUSINESS WIRE)--Dec. 11, 2001--ShareCom, Inc.(TM), the market leader in designing and manufacturing NOAA (National Oceanographic and Atmospheric Administration) Weather Radio and Disaster Readiness electronics products, today announced availability of its WRP-500 Broadcaster(TM) NOAA Weather Radio, with an SRP of $149.99, available for purchase via its ecommerce web site and through select retailers around the country. Like all ShareCom products, the WRP-500 features a streamlined and fashionable design, coupled with strong price performance. ShareCom manufactures products which are expressly designed to support the in-place NOAA Weather Network - an always on (24/7) broadcast network that covers 95% of the US. This ``early warning'' network provides general-purpose weather information and alerts for hazardous weather or disaster warnings for people throughout the US. The Federal Government, The American Red Cross and numerous state and local government agencies are now emphasizing the need for the NOAA Weather Radio network, especially since the September 11th tragedy. A NOAA Weather Radio is now considered as important as having a smoke detector in a home, school or business. ``Our market research indicated a strong need in the marketplace for a NOAA Weather Radio that looks good in someone's home or office, but that has real ease of use built into the overall design,'' said Brad Nordling the CEO of ShareCom, Inc. ``One of the most requested feature enhancements from our consumers has been to provide functionality that enables them to setup a radio right out of the box, with no cumbersome interface to deal with. The WRP-500 Broadcaster addresses this need by incorporating our Graphical Alert Technology(TM) specialty software - our customers now have the ability to easily configure their radios in a matter of seconds using a functional scroll down menu.'' | Stay tuned for more announcements to come More Reasons to Consider Buying SHCC |
1. WeatherRadios.com has been awarded a National Partnership with the Federal Emergency Management Agency (FEMA) to increase the use of Weather Radios country wide through a program called Project Impact. There are 2,600 Project Impact communities in the U.S. The FEMA web site lists WeatherRadios.com as a national partner providing a banner and link to the WeatherRadios.com site. The FEMA site receives over 100,000 visitors per day. 2. The National Oceanic and Aerospace Administration (NOAA) has WeatherRadios.com listed first on their web site, telling people were to purchase a NOAA Weather Radio. 3. The National Weather Service (NWS) has offered to promote corporate sponsorships to the WeatherRadios.com site through recognition and media support. 4. Local American Red Cross Chapters will promote NOAA Weather Radios through WeatherRadios.com in an exchange for a $5.00 donation per radio sold. 5. The Chicago Area AAA will feature SHCC's 2WayTalk.com on its web site offering exclusive discounts on Weather Radios, and FRS Family Radios. 2WayTalk.com will also be listed in the AAA magazine called "Home and Away". 6. The Federation of Manufactured Home Owners of Florida (FMO) has entered into a one year agreement that will increase the sale of Weather Radios from the WeatherRadios.com site. Mailings and web site links will offer a group discount to members and also pay a rebate to the organization for every radio sold. 7. The Owner - Operator Independent Drivers Association (OOIDA) has begun to promote the discount that is offered through the WeatherRadios.com site. Magazine articles, mailings, and web site links will offer a group discount to members and also pay a rebate to the organization for every radio sold. This agreement will run for one year. Why Weather Radios are Poised for Growth |
NOAA Weather Radios automatically alert people of impending severe weather conditions "24/7". This is especially critical for families while sleeping. These devices are fast becoming recognized as essential and potentially life saving for use in homes, businesses, and critical care facilities. The National Weather Service (NWS) has stated that there has been an increase in severe weather in the last 10 years and this trend is expected to continue. NWS has a published goal for NOAA Weather Radios to be in every home within the next 10 years. Currently, approximately just 7% of homes have this device. This being said, we can expect a tremendous increase in the presence and sale of weather radios over the coming years. The NWS, NOAA, the Federal Emergency Management Agency (FEMA) and other government agencies have an aggressive education and funding effort to reach the 100% goal. New technology called Specific Area Message Encoding (SAME) was introduced in the mid 90s. It allows users to set an alarm only for their specific geographic area. This feature is expected to make this tool commonplace in homes alerting families of weather conditions that pose an immediate danger. Additionally, 2WayTalk.com will continue to focus on Internet users who are outdoor enthusiasts. The market continues to be strong and growing. FRS Family Radios are now becoming a popular family item on vacations, ski trips, camping, and biking events. They are used for a wide variety of purposes, from staying in touch with children playing in the neighborhood, to coordinating soccer tournaments and antique auctions. SHCC is currently booking $45,000/ month and is conservatively projecting earnings next year of $1.3 million on revenues of $13 million. Unlike most e-commerce ventures, ShareCom's marketing "burn rate" is very modest. The Company forecasts revenues of $32.5 million the following year, increasing profitability to earn $4.6 million. Given its impressive relationships and the rapidly growing market for its product, SHCC's share price of just 1.6 cents makes it a compelling play for the astute investor.
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