To All:
On February 18th, 1995 the Financial Post had an article written
by Erik Heinrich [Auto Industry Reporter] entitled, "Alternative Fuel
Cars in political tug of War." Here are some excerpts from that
article:
-Detroit's Big Three Automakers have been developing alternatives
to gasoline powered vehicles, including cars and light trucks that
run on natural gas, propane, methane, and electricity, since the
energy crisis of the early 1970's. [ So can you really fault Alter-
native Fuel Systems for taking a few years longer than anticipated
to receive their first contract.]
-The refueling infrastructure for natural gas is not nearly as
well developed. [ Another reason that it has taken longer for A.F.S.
to complete contracts. The Countries infrastructure to support
natural gas had to be either upgraded or put in place. i.e. Compressor
stations, pipeline, etc. Why buy a conversion system if you don't
have the refueling stations in place? ]
-The next trigger of growth will require strong Government action.
[ We are finally starting to see that Governments are getting involved
as witnessed recently in Kobe, Japan. ]
-Gerald Doucet, president and chief executive of the Canadian
Natural Gas Association, estimates Canadians will be driving 300,000
natural gas vehicles by the year 2000 up from the present level of
about 32,000 out of a population of 15 million.
To get another prospective on Noram /Alternative Fuel Systems
visit the Web site, w.w.w. stockpro.com This web site is put up
by The High Growth Publishing Group, Everett Gust, Editor. Go to
Services, then "Newsletter Archives" for Jan., Feb., April, 1996 and
Feb., May, June 1997. You will find under Update and Outlook,
articles about our Company that pertain to that time period. I am
sure you will enjoy reading them.
Finally, I have studied this Company for sometime and firmly
believe that all present shareholders will prosper greatly in the
coming months. The technology is proven and well tested, the
management group is open and honest. This Company, hopefully will
be soon leaving the Vancouver Stock Exchange and Mr.Baines for
"Greener Exchanges." [ No pun intended. ] Thank-you for your time
and interest.
Rw
|
