TRAVELBYUS die WENDE !!! - 500 Beiträge pro Seite

[mis]

[mis]

Sehr geehrter Herr .....,

angehängt finden Sie die neueste Pressemeldung der Travelbyus, Inc.

In dieser Meldung geht es um die Sicherung der Finanzierung von Travelbyus.

Travelbyus meldet den Abschluss einer sog. convertible note durch Doerge
Capital Management im Wert von USD 8 Millionen und die Zusicherung einer
Kreditlinie eines anderen Kreditinstitutes über die nächsten 10 Jahre in
Höhe von USD 23 Millionen.

Damit ist die Finanzierung von Travelbyus zunächst gesichert.. Das
Management freut sich, hiermit einene Beweis bekommen zu haben, dass das
Businessmodell auch von Geldgebern als nachhaltig positiv angesehen wird.


Wir hoffen, Ihnen mit diesen Informationen weitergeholfen zu haben.

Mit elektronischer Empfehlung,


Guido Pickert
Value Relations IR Services
[phone]

<<010514 TRIP Financing 31 Mio_engl.doc>>
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


Monday May 14, 9:30 am Eastern Time
Press Release

SOURCE: travelbyus

travelbyus Secures $31 Million in
Funding

WHITE ROCK, British Columbia, May 14 /PRNewswire/ --
travelbyus (OTC Bulletin Board: TRIP - news; TSE: TBU - news) today announced completion
of US$8 million in a convertible note through Doerge Capital Management (a division of Balis
Lewittes & Coleman, Inc.) of Chicago, IL and a commitment for an additional US$23 million
10-year line-of-credit from a Midwest based lending source.

``We are very pleased with the vote of confidence the investment community has given our
business plan and management`s commitment to move towards profitability,`` said Bill Kerby,
acting chairman and CEO. ``We believe there should no longer be any question as to whether
selling travel on the Internet is a good idea. Industry observers have been heartened by the
recent announcements of Travelocity.com and Expedia.com`s of their results. At the same time
we feel that our business model has been validated. Our web site has the most powerful search
engine available. To quote Kiplinger`s, `ITA Software consistently turned up the lowest fares
and the most flight choices.` And our business plan has always included merchant product.
That`s why we bought such companies like Global Leisure, Hawaii Leisure, Cheap Seats,
Gotham Media, and, most recently, American Vacation Resorts. This latest round of financing
enables us to move forward with the execution of our business plan.``

The convertible secured note is due on December 31, 2001, with interest at 12 percent. The note
is convertible anytime at the holder`s option at $2.00 (US) per share. However, conversion
within 90 days at $2.00 (US) per share includes a warrant in the amount of $1.00 (US) per
share.

``The design of the convertible note is based on the belief that the company, after consolidation
of our various businesses, combined with the recent addition of American Vacation Resorts,
Inc., will be positioned to replace the financing with even more debt or equity financing at
maturity, based on operating results,`` said travelbyus CFO Greg Miller.

Terms of the proposed line of credit include a 10 percent interest rate and the requirement for
travelbyus to issue warrants to purchase 4 million of its shares at $0.50 (US), exercisable for
five years.

The travelbyus business model was designed not to compete with, but to enhance the
capabilities and services of travel agents who still account for about 90 percent of leisure travel
bookings.

travelbyus technological acquisitions include Echo (formerly SiteRabbit), a patent-pending
business-to-business system that provides agent-customized websites with links to the central
travelbyus site. The Company also owns the ERA booking engine, which has significant
timeshare and vacation package booking capabilities

Additional important factors that could cause the Company to be unable to realize its plans and
objectives are described under ``Risk Factors`` in the Registration Statement on Form SB-2 of
the Company filed with the Securities and Exchange Commission on November 9, 2000
(Registration No. 333-49658). The disclosure under ``Risk Factors`` in the Registration
Statement may be accessed through the Web site maintained by the Securities and Exchange
Commission at ``http://www.sec.gov.`` In addition, the Company will provide, without charge, a
copy of such ``Risk Factors`` disclosure to each stockholder of the Company who requests such
information. Please call Heather Martin at 604-541-2400 to make such request.

[schnirchel]

Welches zweite Kreditinstitut?
Warum diese Geheimniskrämerei?
Wir Anleger haben ein Recht auf vollständige Information.
Kerby und Konsorten haben uns zu oft im Unklaren gelassen.

[ass3000]

Hallo,
Trotz dieser meiner Meinung nach sehr guten Nachrichten
gestern( welche Bank vergibt heutzutage noch einen Kredit,
ohne 100%ige Überzeugung vom Geschäftsmodell in der Inter-
netbranche) sind die Kurse in Kanada nach anfänglich star-
ken Gewinnen wieder abgepröckelt.
Ich habe seit gestern jedenfalls wieder Hoffnung meine
45000 Aktien von TBU irgendwann doch vergolden zu können.

[mis]

Hallo @all

Hier ein mail von P.Adam:

~~~~~~~~~~~~~~~~~~~~~~~~~~

Hi ......:
I should begin by telling you I cannot make forward looking statements and I
certainly can`t comment on the future of the share price, other than to say
management believes it to be undervalued. Management`s belief would seem to
be supported when you compare with EXPE and TVLY, don`t you think?
Management continues to communicate with both Amadeus and Travel24, but to
what extent I can`t tell you. travelbyus does have a 5 year segment fee
agreement with Amadeus so anything else simply builds upon this existing
relationship. In the case of travel24, management of both companies continue
to work on determining the `fit`.
Yes, the assets of Aviation Group which pertain to aircraft operations are
being sold and buyers are actively being sought. Hopefully, there will be
some announcement(s) soon.
I can say a couple of things about the share price. There have been many
rumours floating around about the financial state of travelbyus. These
rumours have not helped the share price so it is reasonable to assume the
news of the US$31 million funding will have a positive impact. Second, we
saw what news of profitability did to the shares of EXPE and TVLY. We should
be able to expect the same if TBU reaches profitability (use of if, rather
than when, is intentional). Last, and a repeat of above, EXPE and TVLY are
trading at significantly higher than travelbyus.
If I haven`t answered your questions and concerns to your satisfaction,
please do not hesitate to let me know.
Sincerely,
Peter Adam

~~~~~~~~~~~~~~~~~~~~~~~~~

mis

[mis]

@ass3000 oder andere

Wer kann sich den gestrigen Kursverlauf von TBU in Kanada erklären ? Der Kurs stieg bis auf 0,37 und hat im Tagesverlauf alles wieder abgegeben.Also von fast + 50 % zurück auf nur noch +3 % !
Manipulation oder ....???

Auf jeden Fall bin ich z.Z. optimistischer denn je,was ich vor 1-2 gar nicht war,weil ich dachte,daß TBU vielleicht Pleite gehen könnte.

Viel Glück und Geduld

mis

[mis]

sorry sollte 1-2 Monate heißen

[-showDown-]

Der gestrige Kursverlauf ist durchaus erklärbar:
Den kurzfristigen Hype haben wieder einige genutzt
um mit 2 blauen Augen auszusteigen.
Sorry - aber dies ist das naheliegenste.
Die Zahlen des Q1 sollten SPÄTESTENS bis heute
veröffentlicht werden.
Wieder ein Versprechen, das nicht eingehalten wird?
Oder sind die Zahlen so schwach, dass der versprochende
Break Even zum Q2 schon jetzt hoffnungslos erscheint?
Statt der Zahlen kommt die News über eine Kreditaufnahme
über 31 Mio $US.
Schön, das Überleben scheint für dieses Jahr im ersten Moment gesichert.
Gute News?
So ein langfristiger Kredit kostet Geld.
Verschlechtert das Ergebnis.
Q1 Zahlen, die in die richtige Richtung weisen,
wären wirklich gute News.
Aber die liegen immer noch nicht auf dem Tisch.

IT´S NOT A TRICK - IT´S TBU...

Es spricht schon wieder einiges dafür, dass TBU im gleichen
Trott weiterarbeitet, wie in der Vergangenheit:
Leere Versprechungen, Hinhaltetaktik, usw.

Die müssen doch inzwischen erkannt haben, dass sie das
Anlegervertrauen fast hoffnungslos verspielt haben.
Mich können nur noch "richtungsweisende" Q1 Zahlen
überzeugen. Ich wäre sehr überrascht, wenn die tatsächlich
kommen sollten: Diese News sieht mehr nach einer Alibifunktion aus -
Seht her, die Zahlen konnten leider
noch nicht überzeugen, aber wer gäbe uns Geld, wenn wir
nicht irgendwann doch erfolgreich sein würden!

Aber wie hier schon gesagt wurde: Time will tell...

showDown

[ass3000]

Hallo,
Ich habe soeben mit Hr. Pickert von VR gesprochen , er sagt
die Zahlen kommen zwischen 15. und 20. Mai heraus.
Also ist die nächsten Tage Spannung angesagt.

[-showDown-]

ERST passable Zahlen, DANN die News von gestern
würde mich bedeutend positiver stimmen - denn in
DIESER Reihenfolge würde es tatsächlich eine
Kurspflege sein.
Und Kurspflege kann TBU nun wirklich gebrauchen.
JETZT aber riecht das ALLES nach einer
Schadensbegrenzung...

showDown

[mis]

@showDown
Hoffentlich liegst du daneben mit deiner Vermutung
In Kanada ist jetzt ca. seit 1 1/2 Stunden nichts passiert !
Wie ist sowas zu verstehen wenn kaum Handel stattfindet?
Ist das gut oder schlecht? Immer nach so längeren "Pausen"
kommt Cannacord und schmeißt paar Aktien billig auf den Markt,andere bekommen Angst und verkaufen dann auch billig.
Ist das euch auch aufgefallen oder seh ich das falsch?

mis

[realhot 1]

Hier mal eine absolut frische Aussage von Herrn
Adam:
Die e-mail kam zu mir und ich habe soeben mit H.Adam
gesprochen und Ihn nach dieser Veröffentlichung gefragt:
Damit sollten die ersten Fragen, bzw.Unstimmigkeiten
bezüglich der Zahlen beantwortet sein
Hi Lothar:
When I spoke to Guido this morning (actually 1530 your time) I asked him to
call you about the US$31 million funding. I`m sure he did call you with the
good news. What do you think?
With regard to financials, TSE requires filing by May 31, which date we will
meet. Nasdaq is May 15 and we have filed for en extension in line iwth the
TSE`s May 31. This because of the complexities involved with filing in both
the US and Canada. So, look for this information at the end of the month.
Management continues to communicate with Amadeus but at what level of
intensity, I don`t know. I`ll get you a better answer by tomorrow.
As always, Lothar, best regards.
Peter Adam

[mis]

Across The BullBoards
Breaking Rumors & Views Before They`re News

travelbyus Financing, Upcoming Q2 Earnings Make Waves in Forum
travelbyus
Internet Travel Services

By Kate Jade ([e-mail])
Tuesday, May 15



Nice news!!! Looks like the vultures will have [to] go somewhere else `cause this baby is ALIVE!!!



A US$8 million financing breathed new life into travelbyus [TRIP] [T.TBU] shares and re-awakened BullBoard posters. The company, which offers online travel information and services, announced Monday it had closed an $8 million financing and secured an additional $23 million through a 10-year line of credit. Generally, BullBoard posters were on cloud nine; as one poster wrote, "this secures the future and gives the stock a vote of confidence as well as the whole travel online industry."

Travelbyus` shares promptly took off on the news Monday and TSE-listed shares continued to rise on Tuesday, although the stock moved in the opposite direction in the U.S. It appears some investors didn`t know how to interpret the latest news, but for `JackFaceBone`, it was "nice to see the business model given a vote of confidence." `malakies1` agreed:


Well, the way I see it, Doerge must have an inside look as to what the direction of future financials will look like. As well, given the market downturn and unfavorable .com sector, unless you are near profitability, I don`t see any way for TBU/TRIP to have been able to raise US$31 million in financing unless this was in the cards!
My money stays where it is. It really is just a matter of time now.




According to the travelbyus news release, the $8 million convertible secured note is due on December 31, 2001 with interest at 12% and is convertible anytime at the holder`s option at $2 per share. Conversion within 90 days at $2 per share includes a warrant in the amount of $1 per share. In terms of what travelbyus hopes to achieve through the financing done through Doerge Capital Management of Chicago, CFO Greg Miller stated:


The design of the convertible note is based on the belief that the company, after consolidation of [its] various businesses, combined with the recent addition of American Vacation Resorts will be positioned to replace the financing with even more debt or equity financing at maturity, based on operating results.



The company`s $23 million, 10-year line of credit came by way of a "Midwest-based lending source" travelbyus declined to name. The terms of the proposed line of credit include a 10% interest rate and the requirement for travelbyus to issue warrants to purchase 4 million of its shares at US$0.50, exercisable for five years.

`rasco` felt the financing signaled a renewed faith in travelbyus and effectively silenced "a lot of bashers [who] said TBU was dead and would never find anyone to put up money, well…they were proven wrong":


...What I see is someone thinks TBU has a credible plan, and is putting thier [sic] money where their mouth is… A lot of bashers said TBU was dead and would never find anyone to put up money, well today they were proven wrong. If the [numbers] are improving in the financals [sic] then we should move up. I remember back in late `99 when they did a financing, we went from $2 to $5 in a couple of months. Now that was fun, but that was then and this is now. Let`s hope the [numbers] are great and we can do that all over again...



At the time of this report, an exact date of when travelbyus would release its Q2 financials could not be confirmed. However, the company has filed a Form 12b-25 (Notification of Late Filing) with the U.S. Securities and Exchange Commission. According to the form, travelbyus "is unable to timely file its annual report on Form 10-QSB for the quarter ended March 31, 2001 without unreasonable effort or expense due to the additional time needed...to consolidate the financial reporting of the constituent companies." The report continued:


On January 25, 2001, Aviation Group…a Texas corporation, completed an arrangement (the `Arrangement`) with travelbyus.com [sic] ... in which the operations of these companies were combined...Principally, as a result of the consolidation of the constituent companies in the Arrangement, the results of operations of [travelbyus] reported for the three months ended March 31, 2001 are anticipated to be significantly different from (i) the historical financial results of Aviation Group...reported in the quarterly report on Form 10-QSB for the quarter ended March 31, 2000, and (ii) the historical results for...travelbyus.com [sic]...for the quarter ended March 31, 2000 that will be included in the forthcoming 10-QSB.
The registrant has not completed its consolidation of the financial results of the constituent companies to the Arrangement or made the necessary adjustments associated with such consolidation and, therefore, is unable to provide a meaningful estimate of its results for the three and six months ended March 31, 2001.




Prior to news of the late filing notice, posters were already speculating about what travelbyus` forthcoming financials would yield. In light of Monday`s secured financing, `Serial_stocker` wrote:


Now that financing has been secured, we can finally (without the distracting immediate threat of bankruptcy...whether rumored, hinted through bashing or reasonably assumed) await the fiancial [sic] results for a fully integrated TBU over the next few quarters.
If 1) the concept is fundamentally correct and achieves it`s [sic] expected competitive advantage; 2) [if] ITA is really as good as it says it is; and perhaps most criticall [sic], 3) if TBU management and employees are successfull [sic] in re-organzing [sic] and fine tuning the organization into a healthy, efficient and effective one, we will see financial results that will increasingly reflect these achievements...

Good would be cutting lossed [sic] by 75% to almost profitable (that would be very very good. I don`t expect it); middlle [sic] of the road: cutting lossed [sic] by 40 to 60%; bad: losses staying the same or even deepening.

On the revenue side of things, I don`t see anything big happening as long as revenuues [sic] did not decrease...You have to remember that right now the agencies will increasingly dictate revenue growth and the roll out with the agencies will take some time. Not only that, but also it will take time to get the agencies to use the system more and more for their bookings. On top of this, looking at the economic slowdown and hence less travel, well, let`s just say that if revenus [sic] stay the same o[r] increase marginally [sic], I will be happy or at least not disappointed [sic].

what I am looking for are signs of health of the organization. If they can establish/show a pattern over the next two quarters of being efficient (read: cutting losses through fewer expenses) then investors, even perhaps the investment community will start to look at TBU more seriously, perhaps with less skepticism.

Basically what I would like for TBU to show is we are a company that is rapidly and continuesly [sic] learining [sic] how to be more efficient, all [the] while our business strategy is leading us on a path to explosive growth in revenues. This is a combination, which spells big profits down the road for those that are patient enough to wait; hence some interest from the investment community could be then expected…




Is travelbyus` financing a blessing? `newyork1614` believes so:


The financials actually should not mean as much now that a successful financing has been completed. Whoever it is that invests $31 million is looking to the future or knows of another deal in the works. I think it`s the later [sic]. As for the stock price, it will be much easier to go to Wall Street with a story that has financing. The sector is favorable and TBU`s story is as good as any in the travel industry.



By contrast, `DonnieM` didn`t share some posters` optimism that travelbyus` latest financing will shift the focus from the company`s upcoming Q2 numbers. Read his post; then check out the subsequent response from `onaTRIP`.

Tune in to the travelbyus BullBoard for more poster reaction to the late filing notice.

[ass3000]

hallo,
Sicher habt ihr bemerkt das Travel 24, an der TBU mit ca
12%beteiligt ist, nach Bekanntgabe einer Kooperation mit
einem Onlinekaufhaus fast 80% in 2 Tagen gestiegen ist.
Das sollte sich auch bald positiv im Kurs von TBU nieder-
schlagen.
Überhaupt bin ich der Meinung das sich die Onlinereisean-
bieter in einem absolut boomenden Zukunftsmarkt befinden
( siehe Zahlen von Expedia).

[Mammon77]

@ass3000

hat TBU nicht so um die 19Euro für die aktien hingeblättert?? wenn die in 2 tagen mal ganz frech auf fast 3Euro ziehen find ich das zwar auch schon mal etwas positiv, aber hoffentlich werden es noch 1000% mehr!!!! na ja, wünschen wir uns das beste

MfG

[mis]

Mal was anderes


"Sir, what is the secret of your success?" a reporter asked a bank president.

"Two words."
"And, sir, what are they?"
"Right decisions"
"And how do you make the right decisions?"
"One word."
"And, sir, what is it?"
"Experience."
"And how do you get experience?"
"Two words."
"And, sir, what are they?"
"Wrong decisions."


mis

[NOBODY_III]

@ Mammon77

Das mit den 19 € stimmt.

Travel 24 hat aber inzwischen einen Differenzausgleich
gezahlt.

[mis]

Hallo

Das habe ich aus dem Stockhouse Board,nur weiß nicht ob wir z.Z. immer noch die größten sind.
Kann da einer helfen ?

mis

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


malakies1 (ID#: 222260) RE: TBU Cruise 5/17/01 12:15 3616465
« Previous Message Next Message »

Hey newyork,
Thank-you... even better... you are correct!! We are the largest cruise distribution group in North America!!!

http://www.newswire.ca/releases/April2000/10/c2590.html

travelbyus.com Completes Acquisition of Cruise Shoppes America, Ltd. and Creates
Largest Cruise Distribution Group in North America


WHITE ROCK, British Columbia, April 10 /CNW/ -- travelbyus.com ltd.
(Toronto: TBU; Frankfurt: TVB) is pleased to announce that it has completed
its acquisition of all of the issued and outstanding shares of privately held,
Cruise Shoppes America Ltd., New Orleans, Louisiana ("Cruise Shoppes") for a
purchase price of US$9 million payable in cash and shares of travelbyus.com.
By adding IT Cruise & Tours, BTS Cruises and Cruise Shoppes to
travelbyus.com`s wholly owned GalaxSea Cruises division, travelbyus.com will
represent the largest cruise distribution group in North America. Cruising is
the fastest growing and most profitable sector of the travel industry.
Cruise Shoppes is a nationwide cruise and leisure sales organization with
over 350 associate travel agencies coast to coast. Cruise Shoppes has gross
sales in excess of US$300 million per annum. Through its preferred
relationships with 28 major cruise lines, Cruise Shoppe members are in a
position to offer consumers a diversity of cruise vacations to worldwide
destinations with preferential pricing.
Bill Kerby, Vice Chairman and Chief Executive Officer of travelbyus.com
stated, "I am most impressed with the fact that over 200 of Cruise Shoppes`
agencies are already online. Last year, these agencies generated in excess of
US$50 million in Internet sales. We plan to channel this business to the
travelbyus.com Website, thereby offering consumers and agencies a host of
additional services."
Cruise Shoppes` in-house web services division will be increased in size
to allow it to offer its members turnkey web marketing programs including
website development. This division will be responsible for the conversion of
travelbyus.com`s current 2,700 travel agency and cruise members into
e-commerce users.
Cruise Shoppes has exclusive custom cruise/land packages that give their
members a unique marketing edge over the competition. These packages combine
cruise itineraries in Europe, Alaska, South America and the South Pacific with
land arrangements that include hotel stays, tours, special amenities and other
benefits.
In addition to its cruise suppliers, Cruise Shoppes also has preferred
supplier agreements with major tour companies including American Express
Vacations, Brennan Tours, Delta Vacations, Global Travel Group, GoGo Worldwide
Vacations, Insight Tours, Maupintour, SuperClubs, and Trafalgar Tours.
Gary Brown, President of Cruise Shoppes stated, "Our innovative management
team has worked closely with our members to make Cruise Shoppes one of the top
producing cruise organizations in the industry. I believe that being part of
travelbyus.com will give us an opportunity to become the undisputed cruise
industry leader."
travelbyus.com is a vertically integrated travel company, which has
recently acquired a number of travel related companies including a tour
operator, a travel agency consortium, a provider of discount airline tickets,
a travel television show which is seen in North America by an estimated
10,000,000 viewers, and an advertising and media-buying service. The
travelbyus.com web site, http://www.travelbyus.com,, will offer all of the
Company`s travel products as well as greatly enhanced information and video on
leisure destinations throughout the world. The site will feature the ability
to chat on-line with a travel specialist while navigating, or to request an
immediate call back from one of the travelbyus.com operators who are standing
by 24 hours a day.
Except for the historical information contained herein, this press release
contains statements that constitute forward-looking statements, as defined in
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements inherently involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements. Factors
that may cause or contribute to such differences include, among other things,
the Company`s ability to close the proposed transaction. Other risks and
uncertainties include changes in business conditions and the economy in
general, changes in governmental regulations, unforeseen litigation and other
risk factors identified in the Company`s public filings under "Risk Factors."
The Company undertakes no obligation to update these forward-looking
statements for revisions or changes after the date of this press release.

[Argonautis]

Hi mis,

wie gehts so?
Sorry, dass ich nicht auf deine mail geantwortet
habe, die Sache wurde mir zu heiß.

Sehe aber, du hast dich mit der Aktie
beschäftigt und deine eigenen Schlussfolgerungen
gezogen. Ist richtig so.

Das enorme Potential wird langsam erkannt.
In einem Monat sehen wir schon andere Kurse.


Grüße
Argonautis

[ass3000]

Hallo,
Zur Zeit herrscht absolute Stille bei TBU, kaum Handel in
Kanada,USA und Deutschland.
Wahrscheinlich warten alle gespannt auf die Zahlen,die zwi-
schen 15.und 20.Mai kommen sollten, aber das weiß man ja bei
TBU nie genau.

[mis]

Hallo ass3000
So wie ich das mitbekommen habe,könnte es mit den Zahlen bis zum 30. Mai dauern.
Aber ist wirklich nichts los mit TBU

Viel Glück

mis

[realhot 1]

Die brauchen nicht all zu große Hoffnungen in die zahlen
zu setzen, diese zeigen das Q-Ende zum 31.Januar 2001.
Laut TBU wird der Break-Even Point erst Ende Q ,Anfang Q3
erreicht...

Realhot

[mis]

DER DIREKTE VERGLEICH


http://www.pcworld.com/features/article/0,aid,47769,pg,9,00.…


mis