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Microcap & Penny Stocks : Invitro International (IVRO)
IVRO 0.0741-12.3%Oct 23 12:44 PM EST

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To: MicroKing who wrote (23)7/9/1999 1:28:00 AM
From: MicroKing  Read Replies (1) of 74
 
Part II
I also met Kathy, Vice President of Operations. She is currently in training for editing and updating website. I learned from Rich that it cost $800 for each news wire release. I was shocked at the cost. They were paying $80 a hour for website editing services and updating. Keeping shareholders and potential shareholders informed is priority with IVII. Rich indicated that soon their will be regular updates on companies progress (!). Read my link to Raging bull in post #1. The news is significant and another huge step. In short, IVII has been recommended to 13 government agencies as the first and second tier process for testing harmful chemicals. IVII is the only company that has been approved and recommended by the government. Remember there are only 2 competitors. One company is in France. Skinethique Co., and MaTek in Mass. (Spelling of MaTek could be wrong). MaTek is IVII's only real competitor worth mentioning and their technology is not user-friendly. Below will be an overview of both IVII and MaTek. A comparison of the two companies.

MaTeK
1. Test kit has shelf-life of 96 hours.
2. Test take two to three days.
3. You buy test in parts. Not a complete kit.
4. Employees need advance lab skills.
5. You need more specialized equipment.
6. Test is extremely expensive compared to IVII's Corrostex.

Invitro - IVII
1. Test kit has shelf-life of 2 years.
2. Test take 5 - 24 hours.
3. Test kits are complete with no additional cost.
4. IVII's software does automatic transfer and analysis of data.
5. All you need is a Automated Plate Reader and computer.
6. Software is DOS and Windows compatible. User-Friendly

More about software and equipment in next post.

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