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Microcap & Penny Stocks : NVID International

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To: Mitch Aunger who wrote (51)8/27/1996 10:55:00 PM
From: Lawrence Locklin   of 3244
 
Mitch,
I talked to the CEO of NVID the other day. He said the company had lost around $500,000.00 last year. He said that he hoped they would show a small profit this year, if not next year. He indicated that Microsafe stood a chance to be bought by someone. He did not have time to elaborate. Current profits if any will come from the water ionization process. Did you know that this is the method used in Europe for their drinking water. It has many appplications. Only recently has the US began looking at this process. Currently I do not own any shares, but have considered buying some. One more thing the CEO said, the company is debt free.
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