A new report on Hot Web Inc. (Pink Sheets: HWBI) has been issued by Beacon Equity Research.
The full report is available at http://www.BeaconEquityResearch.com.
Anyone interested in receiving alerts regarding Hot Web, Inc. should email members@beaconequityresearch.com with “HWBI” in the subject line.
In the report, the analyst writes, “Hot Web operates a substantial portfolio of individual, yet interconnected websites which are all branded under the ‘Hot’ moniker. The Company’s business involves the sale of high-priced classic cars, hot rods, RVs, motorcycles and airplanes on the Internet. Hot Web differentiates its business from other Internet vehicle sales sites by physically inspecting all vehicles to foster improved consumer confidence and trust. This policy of physical inspections has made fraud, which is a significant concern for buyers on eBay and similar sites, virtually nonexistent on the Hot Web system. Overall, Hot Web enjoys a 70% sale success rate.”
Hot Web competes with a variety of larger auto retailers such as United Auto Group (NYSE: UAG), Autonation (NYSE: AN) and Carmax (NYSE:KMX).
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Hot Web, Inc. (HWBI). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon has directly been compensated four thousand dollars by Prestige Partners for a limited enrollment of Hot Web in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
