Donner Corp. International, a broker/dealer specialising in investment banking, headquartered in Santa Ana, Ca., has issued a Speculative Buy Recommendation and initiated coverage on eTravnet.com, Inc., Englewood Cliffs, New Jersey. eTravnet.com has developed a proprietary, patent pending, net-to-phone-to-net software technology, called REZconnect, that allows people to easily and efficiently make reservations at hotels, with cruise lines, tour operators, and with entities that operate through appointments such as golf courses.
eTravnet.com, Inc., has been in business since 1982 and has spent the last two years perfecting the e-commerce booking REZconnect engine it invented and developed and ensuring the Company`s financial position is strong enough to move forward with this business model.
“eTravnet.com has in place, through its Global Travel Network franchise business, 250 `brick and mortar` locations throughout the world, including 50 franchised travel agencies located nationally within Wal-Mart SuperCenters,” Donner said. “These franchises will also soon appear at Kmart stores, and already are in place in more than 20 countries. The Company also provides travel-related services to small office and home office travel agencies, independent travel agencies and high traffic Web sites.”
Donner said that combining this foundation with the Company`s online division, which includes REZconnect.com for online reservations for the travel, hospitality and entertainment industries, including hotels, unique lodgings, events and attractions, restaurants and tee times nationally, “positions the Company to develop compelling revenue and profit opportunities.”
eTravnet.com is “combining a unique Internet presence and a cutting edge reservation technology with a `brick and mortar` travel franchise and we are impressed with this business model,” Donner said. “It enjoys a distinct competitive advantage because its patent pending technology offers the Company`s clients unique opportunities to save money in all segments of the travel and other industries.”
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