All three said they're seeking private placements. All these companies are very underdeveloped. Investors just don't buy into underdeveloped companies. That's what private placements and investment bankers are all about. That's ridiculous because not only do they have revenues that put them off the radar screen for most brokerages, but their business model hasn't been tested.
Growth is still uncertain.
They are a real company whose business model has been tested since Conoco was founded in 1875. Some other IPOs coming down the pipe are MarketWatch Inc., Consumer Net MarketPlace, NetSolve, and TickerMaster Online-CitySearch. There's an important contrast between these companies. This is an example of a company with two great partners, excellent writers, but no gameplan. MarketWatch is in a highly competitive business, with untested revenue growth, but sky high dreams.