Hello Michael,
Good to hear from you. I was thinking about using this board for my
own personal diary - figured I had more privacy posting here than anywhere. <g>
Over the past 2-3 months, I've had the pleasure of talking with Messrs.
MacMillan and Friedenberg. While one of the danger signals of a small,
public company is supposedly to be able to directly communicate with
the principals, i.e. Board of Directors, of said company, I believe this
case to be different. Not only is this a virtual start-up situation, but
I believe these gentlemen are doing all they can to overcome the negative
image created by prior management. Due to this, I also believe that we'll
see a "no hype" management style; maybe not good for the "get rich quick"
crowd, but preferable in the long run for the "buy & hold."
I usually talk to Mark, Tom &/or John at Investor Communications at least
once a week. So all that follows is my best understanding from these
sources. As always, if I've misconstrued any of this, I extend my apologies and
request for clarification.
Stratford is definitely making NovaCrete, although in limited (test batch) quantities.
Expanded production (capable of meeting or bettering Year 1 production goals) is
scheduled for mid/late August.
Roy MacMillan sent me a 65-lb. bucket of NovaCrete. I shipped a portion
to a testing lab outside Atlanta, GA (as a part of my DD). While I
haven't heard results as yet (both MacMillan and the guy in Atlanta said
that it takes 28 days for the mixture to harden adequately to perform
all tests, and as of a week ago, the company in Atlanta hadn't yet
laid the mortar), I did get the 65-lb. bucket labeled NovaCrete, together
with instructions for mixing.
Re: NovaCrete not mentioned by name in last 2 press releases.
Good question - I don't know why they wouldn't mention by name, as
Stratford Acquisitions will probably change its name to NovaCrete
within next 6 months or so. I'll try to remember and ask ICC next
time I talk with them.
Re: website - A company called IC Graphics, which is somehow intertwined
with ICC and IC Capital, manages the website.
The "password" requirement is IC Graphic's equivalent to "page under
construction." This was mandated since former press releases (re contracts) were
fictitious, needed time to set the record straight. Website is scheduled
to be up & running (no password required) in about 3 weeks.
As I mentioned in the beginning post on this thread, new product testing
has yielded even better results than former tests. (Hopefully) We may soon see an
announcement confirming these results. Both tests were performed by Ortech, which
appears to be a top-notch outfit.
A side note:
As a little (investor-wise) guy from Alabama, I've maybe not done enough
due diligence, but hopefully an amount that will prove to be sufficient.
I received one comforting e-mail today, from the World Bank.
The following is mentioned in SEC forms filed by SFDA (former symbol)
with the ICC. I first read this when it was reproduced in a newsletter
recommendation for Stratford a few months ago:
Speaking of MacMillan <<He then served 3 years on the Board of Executive
Directors of the World Bank.>>
After 2 months +/- with no answer from the World Bank, I assumed my
request had been filed in '13.' To my surprise, today I received a
response from the World Bank, confirming MacMillan's service with
their organization.
While I had more or less believed in management's integrity due to the
fact that I've dealt with ICC since late last year, I feel even better
with this confirmation. I also feel that Doug Friedenberg is a first-class
individual, and the fact that Doug is high on Dan Dowe (the 3rd Board
member) makes me think that HARD has tremendous potential to significantly
increase its $3M market cap. To be honest with you, my biggest fear is "me", as
my investment track record might qualify as the worst investment advisor around.
Unfortunately, I'm all I've got.
Sorry for being so long-winded; guess I got on a roll.
Good luck your way,
David |
