Letter from CEO PDF Print E-mail

 

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Dear Potential Investor,

For the last two decades people from around the world have used the internet to communicate in a variety of ways. Email, for example, is a “must have” for almost every age group and demographic mix after just 20 years. In the last five years a new kind of communication tool called Social Networks has evolved. These networks allow people to meet, chat, share pictures and information as well as introduce new friends to each other. MySpace, YouTube, Facebook, and several other lesser known names have all created social networks that are visited daily by tens of millions of people. The participants meet, share information on a broad range of topics from personal to opinions as well as introduce others to their “friends”, who in turn do the same. The value to a company of one user ranges dramatically for a low of a few dollars to a high of $50.00 per year in revenues.

The next generation of these social networks will be more focused, niche social networks that target a subset of the population that have common interests. ClubSceneNetwork.com is an example of this next generation. Its sole purpose is to attract young to middle aged adults interested in knowing what is happening in nightlife, entertainment, and fashion around the world. Its unique methods for developing its user base and in generating revenues through advertising and product sales (“monetizing”) sets it apart from other companies in the same sector. Talented management, a broad spectrum of experience on its Board of Directors, and its vision for the future gives the Company a strong base on which to develop its business model.

JPMorgan estimates that the top 5 internet companies will generate about $12 Billion in free cash this year, and approximately 23% of that money is being invested in acquisitions that compliment their business and have large growth potential. “In particular, we believe large companies will continue to seek out investments in social media, where sites often grow virally…..” (Emphasis added), stated JPMorgan in their 2008 Internet Investment Guide. ClubSceneNetwork.com is in the center of companies that meet that requirement.

The valuation on these companies in the public market is staggering. And, as the reports on mergers and acquisitions over the last few months have emerged, companies like ClubSceneNetwork.Com that are successful in building a growing user base with unique technology and good financial transaction models are being acquired at large multiples of potential revenue.

We encourage you to examine our business plan, research for yourself the market potential for companies with successful social networks, and join us as investors in this new and exciting method of communicating via the internet.

Sincerely,


Brett H. Pojunis

Chairman & CEO