Frederick R. "Rick" Licht is president & CEO. He joined ULSP as
a consultant 11/96 to combine athletes with animation & created
"The Ultimate Sports Force." He began working with professional
athletes in 1990, & founded the Sports Law department at the Beverly
Hills Law Firm Resenfeld, Meyer & Susman in 1992. He started his
own firm, F.R. Licht & Associates 1/94 & began working with, among
others, Ken Griffey, Jr., Barry Bonds, Bobby Bonds, Bobby Bonilla,
Earnie Banks & Dave Winfield. He created & built the All Star Cafe
with Robert Earl (Planet Hollywood). He negotiated Ken Caminiti's
free agent contract with the Houston Astros, did numerous projects
involving A-lex Rodriguez, & others involving Karl Malone, Tommy
Lasorda, Cris Webber, Fox Sports, Tim Hardaway, Eric Karros, Gary
Sheffield, David Justice, Jeff Bagwell, Etc. .... Paul Fairchild
is publisher & VP of publishing. He was marketing director at Acclaim
Comics, marketing director at Marvel Comics for West Coast Publishing,
& oversaw Paramount Picture's comic book publishing efforts. He
oversaw comic book development & publishing for many of Paramount's
franchises, including "Mission Impossible" & "Star Treck." At Matinee
Entertainment, he was publisher of the comic book publishing division
& developed & maintained the web site "Temp 24-7," featured in "Newsweek,"
"Fast Company," & other major magazines, & named by Yahoo! as one
of the best 52 sites of 1998. .... Peter Sussman is VP of television
& film production. He is in his fifth year as coordinating producer
at Fox Sports. His work as a writer & producer earned him an Emmy
nomination in 1994. In 1995, he helped develop & create Fox Sports'
"In the Zone," a cutting edge, fast-paced magazine style baseball
show designed to attract Saturday morning viewers & keep them turned
in for Fox's Major League Baseball coverage. In its first year,
it received & Emmy nomination for "Best Edited Sports Series." Prior
to Fox, he was an associate producer at ESPN in Bristol, CT, working
on the Emmy award winning "Sportcenter," "Baseball Tonight," & "Sunday
Night NFL." .... Kevin McCarthy is editor-in chief. He was an editor
in Motown Animation's comic book division. He created, wrote, &
illustrated "Casual Heroes."
Current Assets: $485,973
Total Assets: $553,806
Current Liabilities: $355,975
Long-term Debt: $5,346
Shareholders' Equity: $192,485
* This is the date of the reverse merger. When the next financials
are prepared, I will cover them in an update.
I recommend ULSP for both midterm & long-term appreciation. Several
converging factors create a significant market opportunity:
1. Uniqueness of its product.
2. Dual appeal of the product as both entertainment & collectible.
3. Continued growth of Internet usage in general.
4. Continued growth of Internet usage by younger users.
5. Continued growth in the popularity of sports.
6. Interest in Major League Baseball is back - Major League Baseball
licensed merchandise recently had its biggest 4th quarter revenue
ever, & attendance was 70,372,221 in 1998 (up 10%, & the highest
I like the market direction of appealing to younger audiences
from the posture of sports rather than from some of the present
postures I consider less appropriate -- if you look at the type
TV programs kids see today, you'll know what I mean.
Call 310-829-9590, fax 310-829-9596, or write 2444 Wilshire Blvd.,
Suite 414, Santa Monica, CA 90403, or contact ULSP's financial PR
firm, Noble House of Boston, 888-217-2553, fax 407-339-4826 www.noblehouseofboston.com
These comments apply to every situation mentioned in Conserva-tive
Speculator. Special situation, low-priced, micro-cap, & high-gain-potential
stocks have high risk. Fortunately, not many speculative situations
turn out to be disasters, but some do -- that is a risk you must
accept. "Winning Investment Strategies," my 60-page guide to speculative
investing, is made available to every regular CS subscriber. Stated
extremely briefly, here are three of my most important strategies:
1. Be prudent -- the total funds allocated to speculative stocks
should be limited to a small percentage of your cash, certainly
no more than you could lose without discomfort. I then suggest
no more than 5% of that small portion be invested in any one stock,
to spread your risk.
2. Do not accept my opinion as the reason to invest. Call the
company. Get a feel yourself. If you are not totally comfortable,
pass. I give you an ample number of possibilities. My task is
to expose you to potentially profitable situations. You have the
responsibility of making any investment decision. Do not give
up that responsibility.
3. Since in a monthly newsletter it is not possible to tell
you when to sell, apply a moving stop-loss strategy. If the price
goes up, raise your stop-loss guideline point to something like
20% below the new price. Keep doing that as the price rises. If
the price goes down to your stop-loss point, grit your teeth &
sell. This limits loss, but lets profits increase.
This section does not include information from the news releases
I receive on situations I have covered in past recommen-dations
or Sneak Previews. If you hold any such stocks, please get your
news & updates from www.WallStreetCorner-.com by using "Financial
Just click of the "Go Search" button on the bottom right of the
home page. When the Financial Navigator page comes up, just type
in the symbol of the company. You'll get the current price & volume,
& can usually get almost anything else you want from the pull down
menus under "News," & the other categories of information at the
top of the screen.
I usually include only the one to three situations where I have
either personally interviewed management, or believe some personal
comment by me is appropriate. I do not have room for much detail,
but on each situation I cover, I include contact information for
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