URGENT TRADING NEWS: The Last Pick we gave you is up 225%
HERE IS OUR LAST HOT PICK OF THE YEAR!!
Commercial Consolidators Corp (AMEX: ZCC)
URGENT BUY AT $2.35 PER SHARE!
SELL TARGET $6.75 PER SHARE!
COMPANY SIGNED ANOTHER CONTRACT (LOOK BELOW)
YEAR END SALES OVER $100 MILLION, UP FROM $45 MILLION!
(DUE PARTLY TO THE 3 AQUISITIONS MADE)
Financial Summary
Commercial Consolidators Corp. sells cellular telephones and computer systems for hospitality industry and distributes televisions and other household appliances. For the fiscal year ended 2/28/01, sales totaled C$103.5 million, up from C$45.1 million. Net income according to U.S.GAAP totaled C$2.6 million, up from C$895 thousand. Sales reflect strong growth in demand and the contribution of three acquisitions. Net income reflects an improved gross profit margin
Commercial Consolidators To Supply Interactive Hotel TV System To Hotel Radisson Plaza Eurobuilding In Caracas
TORONTO--(BUSINESS WIRE)--Dec. 6, 2001--Commercial Consolidators Corp. (AMEX:ZCC - news; CDNX:CCZ. - news), a diversified international distributor of business technologies (cellular phones and accessories, and computer hardware and software) and consumer electronics to the Americas (North, South and Central), is pleased to announce that its subsidiary, Tri-Vu Interactive Corp. has entered into an agreement with the 634-room Hotel Radisson Plaza Eurobuilding in Caracas, Venezuela to supply the Tri-Vu Interactive Hotel TV System.
This new equipment order will generate in excess of US$325,000 in revenue during fiscal 2002, ending February 28,2002 and US$57,800 annually thereafter in service fees for Tri-Vu.
``We are pleased by this opportunity to enter the Venezuelan market,'' states Commercial Consolidators Corp.'s Chief Executive Officer, Mr. Guy Jarvis. ``We believe that South America represents an exciting growth market for Tri-Vu and look forward to working with the Hotel Radisson Plaza Eurobuilding.''
About Commercial Consolidators Corp.
Commercial Consolidators Corp. is a diversified distributor of business technologies (cellular phones and accessories, and computer hardware and software) and consumer electronics to the Americas (North, South and Central). The Company's head office is located in Toronto, Ontario.
About Tri-Vu Interactive Corp.
Tri-Vu Interactive Corp., a wholly-owned subsidiary of Commercial Consolidators Corp., specializes in providing customized interactive entertainment and information systems for the hospitality industry. The systems include a complete multimedia display of all hotel amenities as well a broad range of guest services including video-on-demand movies, TV Internet access, games, account review and express checkout.
Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts, 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 as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.
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