Funny you should mention SVSY...its one that I have in my porfolio..
heres what i have...
As per enclosed press release, (#2) the company has recently been "invited" to attend Globe 98 conference (http://www.globe.ca/) which last year generated over 500mil for exhibitors.
As per IR they expect to sign several deals during this conference which will be held on March 18-20 1998.
They've also recently Appointed a new distributor (as per press release #1) for the Chilean Market . Which shows sign of an expanding international business.
OTC BB: SVSY-UV Systems Technology
Shares out approx. 10 mil
Shares in float approx. 7mil
currently .32 X .37
52 wk range .22 -3.00
30-day avg. vol. approx. 100K
OVERVIEW
The Company is a development stage company which was incorporated in the state of Nevada in August 1990, and remained inactive until September 1995. The initiation of the Company's current business was accompanied by a change of ownership. Through its majority-held subsidiary, UV Systems Technology, Inc. ("UVS"), the Company manufactures and markets its Ultra Guard-Registered Trademark- ultra violet-based patented water treatment system. These products are sold primarily for municipal wastewater disinfection; however, the system can also be adapted for treatment of process and industrial wastewater (where it is currently being applied through UVS' Japanese agent) and for potable water, bottled products and agriculture and aquaculture water treatment.
1-888-516-7766
1-800-801-5656
ultraguard.com
news releases:
#1 biz.yahoo.com March 4, 1998
#2 biz.yahoo.com Feb 25, 1998
#3 biz.yahoo.com Feb 18, 1998
#4 biz.yahoo.com Feb 12, 1998
#5 biz.yahoo.com Feb. 06, 1998
Most recent SEC filings:
sec.yahoo.com
Ongoing Negotiations...
As per 10QSB
In March 1997, the Company received an order for a full scale System to treat one-fifth of a major Eastern Canadian city's sewage effluent. In June, the client requested that the order be delayed until the end of the current year disinfection period (October 31, 1997). During discussions held in November 1997, the client indicated its interest in proceeding with the project; however, problems relating to the method of effluent flow control used by the Company's UV System and that used in the existing Trojan Technologies, Inc. equipment have not yet been resolved. The Company is preparing a revised proposal which addresses these problems for submittal to the client, but cannot assure that the client will accept the proposal, that testing, if the proposal is accepted, will be successful, or that even if testing is successful, negotiations for the total project, valued at approximately C$2 million, will result in award of the project to the Company.
Happy trading,
Israel |
