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Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE
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To: Ally who wrote (649)4/3/1998 10:22:00 PM
From: Mark Bartlett  Read Replies (2) of 4605
 
Denise,

<<For this "project" of 1,050 units, AFS got a cash advance. I don't think it has already received the full $2 million. *You* may want to confirm this with management in your next contact with them. *You* may also want to ask how the company intends to finance the $20 million sales a year. *And thirdly, ask them how they secured the Mexican project* and beating 20 other competitors - was it clearly because of better technology, or better pricing. >:>

Would it be reasonable to assume that YOU have spoke to the company to verify these numbers. In the above paragraph, you have asked Bonnie "in your (Bonnie's) next contact with the company ... " ..... what about YOUR next (first?) contact with the company. I see a whole lot of numbers - has ATF provided you with these data? ... or are these assumptions your own creation.

I know for a fact that Bonnie has visited the company at least twice and spent several hours with them ... have you?

I am all for dd and am very willing to listen to anybody that has facts to present (both positive and negative) - however, I am beginning to wonder what your motives are. ATF had their technology approved/endorsed by many more interested parties than just the Mexicans. The Japanese and Koreans both gave them a very thorough going over ... they obviously like ATF too. They are supported by other excellent well run large companies .... do their research at the University of Alberta ... have worked hard to establish/develop a global network ... and stand a respectable chance of a big contract with the Mexicans (nothing is for sure) .. etc. that is not too shabby!

In the end, ATF may get nothing ... but I think that it is important to make sure we bring facts to the table .... and if things are assumptions/opinions - make sure it is clearly stated as such.

BTW ... the phone number of the company is 403 262-1833.

MB
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