OTCPK:VRXWF - Post by User
Comment by
SurfForWealthon Apr 26, 2004 7:08pm
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Post# 7404244
RE: Wow
RE: WowSo I have read the news release and the entire Annual Report this evening and I am trying to get a feel for what the direction & outlook for this company might be. The best I could determine from the annual report is that they are trying to expand their avenues for growth and revenue generation by launching their own websites promoting various key travel destinations. It is interesting to see the involvement of Expedia in this latest endevour. My impression is that the concerns over the Expedia renewal are likely overdone. From this news release it would appear that the two are building on their relationship. I like what I see with the company and cannot really understand why the stock has sold off so much.
However I am not clear on how VRW will make their money from these new sites or how it relates to the Expedia sites. Can anyone explain? TIA Cheers!!!