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Joystar
Inc. (OTCBB: JYSR) |
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Dear Readers,
Aaahhh… the sweet sigh of relief from a market exhaling on the
news of a ¼ point rate increase amid a peaceful hand over
of power (and Saddam Hussein) in Iraq. We told you a few weeks
ago that June 30th would be an important day for investors as the
uncertainty of the aforementioned events loomed ominously.
Investors don’t like uncertainty and now, we hope, with these two
milestones out of the way we can get back to the business of business.
As a footnote, keep in mind that this rate increase ends what was
a 45-year low. Now the rate is just at a 40-year low.
But first things first… we’ve got a stock symbol change you should
know about. Our previously profiled upstart online-travel-meets-multi-level-marketing
company, Joystar Inc. has changed its stock symbol from ARGT
to (OTCBB: JYSR).
However, the business plan is the same: penetrate the white-hot
online travel arena with innovation and agility, provide an intelligent
blend of consumer value and an interface that allows travelers to
become agents and agents to become wealthy. It’s an interesting
story and we strongly encourage you to review a recent profile on
Joystar - Click
Here.
On the heels of a June 30th that has come and gone, maybe
it’s time again to look toward the market for value. And
you’d also be well-served to examine the recent news from Joystar,
provided below.
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Breaking News
** from Joystar |
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Press Release
Source: Joystar,
Inc.
Tuesday June 29,
12:31 pm ET
Joystar Introduces
Agent Advantage Pro
Hosting Program
for Professional Travel Agents
IRVINE, Calif., June 29 /PRNewswire-FirstCall/
-- Joystar, Inc. (OTC Bulletin Board: JYSR
- News),
a provider of travel services for the leisure and business traveler,
announced today its new hosting program for professional travel
agents. Agent Advantage Pro (www.joystar.com/pro)
is a complete business solution for the growing number of experienced
travel professionals who are migrating from traditional "storefronts"
to home-based operations.
Home-based travel agents are the
fastest growing segment of the travel industry. Today, there are
over 14,000 professional home-based travel agents representing an
estimated $7.6 billion in leisure travel sales annually. While online
travel is growing, it still only represents 16% of all travel booked.
Travel agents are still the dominant force in travel distribution,
especially in the high-grossing products including vacations, cruises,
groups and honeymoons. A recent study concluded that nine out of
ten people who cruised last year, made their reservation with the
help of an experienced agent.
"We provide all of our agents
a suite of tools & resources to help them succeed. Included
in the hosting program is a personalized consumer travel booking
website, access to the Company's state-of-the-art "Agent Only" Extranet
and "live" toll-free support. Unlike most host agencies, Joystar
does not charge travel agents sign-up or monthly fees," said Robin
Moore, Director of Agent Services for Joystar.
"Our compensation package is really
what sets us apart from other host agencies. Including cash and
stock bonuses, we pay our professional agents up to 90% of the commissions
they generate for the agency. As a signing bonus for the first 1,000
agents who join, Joystar will grant an option to purchase up to
20,000 shares of the Company's stock and pay 100% of their commissions
for the first 90 days," said Moore.
As more and more traditional travel
agencies close their doors due to out-dated business models, the
Home-Based segment continues to grow rapidly. Many industry experts
believe there will be more than 35,000 professional agents working
from home within the next few years. Joystar capitalizes on this
emerging business model by offering services designed to reduce
agents' operational costs and free them from non-revenue producing
tasks and burdensome paperwork.
"Our goal is to be hosting 5,000
professional travel agents (each averaging $300,000 in annual bookings)
by the end of 2007. This model alone could generate $1.5 billion
in annual bookings for Joystar. This will complement our Agent Access
Rewards Program and Agent Advantage, our program for part-time agents.
In this model, I believe we can enroll 250,000 members (each generating
an average of $10,000 in annual bookings)by the end of 2007," said
William Alverson, CEO.
Joystar's strategy for entering
the agent hosting space will be very similar to Wal-Mart's strategy
when opening a store in rural America. "Zero fees and an ultra rich
compensation plan to win agents loyalty would not be feasible for
our competitors. At first, our more plodding competitors will argue
the sustainability of such a rich payout, but we're also building
a massive network of referral agents who earn a much smaller percentage
of the commission. The incremental increases in commission Joystar
will generate from the professional agents will catapult us to "tier
one" commission status with the supplier community. It makes for
a powerful business strategy," said Alverson.
Typical of traditional travel
agencies, the competitive landscape in the hosting space is highly
fragmented. The American Society of Travel Agents reported recently
that there are 15,000 "Mom & Pop" travel agencies that host
between one and five "outside" agents. While there are a scattering
of "mid-tier" host agencies with sales ranging from $50 million
to $100 million, no dominant player exists.
To read this
news release in its entirety, Click
Here
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THE
ONLINE TRAVEL MARKET |
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Let's look at these snapshots from the Online Travel
industry:
Big companies and business luminaries acquiring Online Travel
co's.
Sabre (NYSE: TSG) gobbled up Travelocity (Nasdaq: TVLY)
and Barry Diller and his InterActiveCorp (NasdaqNM: IACI)
are hoarding notable travel outlets such as Expedia.com, Hotels.com
and spending $665 million in cash for Hotwire.com to name
just a few.
Orbitz- Trading near IPO price is a good thing says Motley
Fool.
One of the more recent travel/technology ventures is Orbitz (Nasdaq:
ORBZ). While the stock did not perform straight out of the gates,
market watchers like Motley Fool believe that the
stock's performance is actually a good thing noting that, "The stock's
lack of movement probably indicates the IPO was priced right and
the company maximized its cash yield from the offering. It's far
better to see than the ridiculous, speculative IPOs of the late
1990s, where companies without business plans popped 1000% on their
first day of trading and individual investors got burned big time."
Makes sense to us.
CTRIP- The Heat is On
Up sharply since it's impressive IPO, no doubt this stock chart
has industry mavens and CEO's salivating about future online travel
IPO's. The stock opened at $24 on December 9, 2003 and roughly a
month later is threatening $40.
SideStep: $15 Million in New Funding Goes to Private
Online Travel Co.
SANTA CLARA, CA--(MARKET WIRE)--Jan 6, 2004 -- SideStep, Inc. (www.sidestep.com),
the travel search engine, today announced that it has secured $8
million in financing from Trident Capital (www.tridentcap.com).
SideStep, which has been profitable and cash flow positive since
April of 2002, has raised a total of $15 million to date. The company
will use the additional funding to accelerate product development
and expand its strategic relationships.
SideStep is positioned at the intersection of two of the Internet's
fastest growing market sectors: online travel and Web search. SideStep
serves as a marketing vehicle for travel providers, driving consumers
directly to the sites of trusted brands to book their travel. More
than two million active travelers turn to SideStep's popular search
engine each month to find flight, hotel and rental car values.
Who's the Next "Star"?
Can Joystar get some love from the spate of infatuation hitting
this industry? It's hard to tell, yet we're intrigued by what they've
accomplished so far and the fact that like SideStep (search engine
too) they offer something to differentiate themselves in their industry
group and solidify the branding that seems to be a chief concern
among companies battling for market share. In our opinion,
customers who buy into the "I can be a travel agent" lure at Joystar
should have a dramatic referral value increase over regular users
for obvious reasons. This could be a wildfire of the MLM variety
if it takes hold... and it's priced at less than $3 a share today!<View
a Full Profile on Joystar Here>
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COMPANY CONTACT |
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Joystar, Inc.
5 Whatney, Irvine, CA 92618
William Alverson, CEO of Joystar, Inc.,
(949)837-8101,
walverson@joystar.com
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*
* * SPECIAL TO STOCKUPTICKS READERS
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At
Stockupticks,
we were so impressed
with the Joystar operation, that we applied to be a partner
in their program.
Click
here or on the address below and we can book your
travel!
Or, if you are
interested in becoming your own travel agent, read the
following and call or e-mail Joystar!
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www.stockupticks.joystar.com
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PARTNER
WITH JOYSTAR |
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The benefits include revenue sharing, access to “agent only”
specials, deeply discounted travel offered by our travel suppliers,
cash incentives and the possibility of upgrades when the agent
is traveling. Weekly e-newsletter. Vacation Values sent to
you every 2 weeks.
The self-employment income generated from travel bookings
can be directed to the agents’ Solo 401k plan and 529 college
savings programs for their children or grandchildren.
Joystar has two versions of its partner program: The Agent
Advantage, priced at $495 and a “light” version, Agent Access
for $149.
Travel Agent Program marketing material ("The Program")
includes: Agent quotes, teleconferences, seminars, promotions,
conventions, cruise college, fare trackers, travel guides
and other special promotional marketing communications.
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***
THE DOW IS HOVERING NEAR 10,400 ***
There
may never be a better time to feature
YOUR
company to over 1 MILLION investors!
Email
us directly at info@stockupticks.com
Stockupticks
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including those pertaining to estimates and related plans, potential
mergers and acquisitions, estimates, growth, establishing new markets,
expansion into new markets and related plans other than statements
of historical fact, are forward-looking statements subject to a number
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resources, nor experience and makes no attempt to do so. Statistical
information, dollar amounts, and market data was provided by the subject
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provides no assurance, and none is given, as to the accuracy and completeness
of this information.
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StockUpTicks.com is a property of Market Pathways Financial Relations
Incorporated (MP). The information, opinions and analysis
contained herein are based on sources believed to be reliable but
no representation, expressed or implied, is made as to its accuracy,
completeness or correctness. Past performance is no guarantee
of future results. This report is a paid advertisement and is for
information purposes only and should not be used as the basis for
any investment decision. MP has been compensated
twenty-eight thousand five hundred seventy-one restricted common
shares of JYSR by Joystar for preparation and distribution of this
report and other advertising services. This constitutes a
conflict of interest as to MP’s ability to remain objective in its
communication regarding the subject company. Write or call
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report is not investment advice. This information is neither a solicitation
to buy nor an offer to sell securities but is a paid advertisement.
Information contained herein contains forward-looking statements
and is subject to significant risks and uncertainties, which will
affect the results. The opinions contained herein reflect
our current judgment and are subject to change without notice. MP
and/or its affiliates, associates and employees from time to time
may have either a long or short position in securities mentioned.
Information contained herein may not be reproduced in whole or in
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Relations Incorporated.
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