SSA.com Responds to MRPS Questions:
While our last post stated that our new website will be the preferred means for dissemination of information
regarding Microphonics (http://www.SmartStockAdvisor.com), as well as our phone line and email, this new
site will not be operational for a couple of weeks. Therefore, we wish to comment on some recent questions
raised on these message boards.
Q. WHEN WILL NEW CONTRACTS BE ANNOUNCED?
Microphonics (MRPS) is constantly meeting with potential customers and its distributors are also busy
marketing its products. The sales cycle extends from 90 days to a year or more for some customers. The cycle
includes initial contact/interest, testing of the product, negotiation, closure, and then ordering. For every new
contracted customer, when that contract or purchase order is signed, reviewed, and confirmed or as news
warrants, a PR will be released.
Q. WHAT ARE MRPS'S SHORT AND LONG TERM MARKETING PLANS?
MRPS has framed a three-prong sales effort to maximize sales:
1. An internal sales force which seeks out new customers directly, through inquiries to the company, and
contacts made in other venues (e.g. Indy 500).
2. Continuing sales resulting from open purchase orders that require demonstration and testing periods (e.g. the GM open PO for its sixty-four factories, each of which need to be visited, before that plant's sales cycle begins.
3. Sales through its three current distributors - F&M Mafco, Jud-Tech, and Day & Associates, and other new
distributors in industry specific arenas. Each distributor has a specific demographic or niche area that they
specialize in. Most of these customers have agreed to a specific minimum order each month.
Q. PLEASE UPDATE THE FINANCIAL SITUATION.
Many specific accounting issues have needed to be resolved and are being addressed. SSA.com has discussed
and continues to discuss this matter with the company. We know that Microphonics wishes to become a fully
reporting company with the SEC; we know that Microphonics wants to be listed on NASDAQ and will comply with all regulations. When specific confirmed news is obtained regarding these matters, we will release that information.
Q. WHAT ABOUT SSA.COM'S COMPENSATION AND INDIVIDUAL SHARES?
There have also been continuing questions raised regarding us and our ethics - specifically relating to our
individual/corporate shares in MRPS. Our previous posts have addressed this issue stating our intent to comply with all SEC regulations regarding the form of our compensation and the disposition of any shares owned by us individually or corporately.
Q. WHY DON'T YOU POST MORE ON THESE BOARDS? WHAT VALUE ARE YOU ADDING TO
MRPS?
Please understand our roles have changed significantly. We are not as free to post, speculate or opine as you
are. We are bound by certain ethical as well as legal parameters. There is also the issue of making our
information available to all shareholders, not just these boards - an issue we will resolve when our website is
finalized.
We are also busy dealing with marketing, financials, website development for us and MRPS, drafting of PR's, legal matters, improved investor packets, outreach to newsletters and trade magazines, consultations with Microphonics, and planning new and creative investor relations forums - e.g. a monthly newsletter from MRPS
to all shareholders, a conference call after 2nd qtr. An emailing detailing the positive news regarding MRPS is being sent to 200 online newsletters this week.
Thank you for your inquiries.
SmartStockAdvisor.com
619-492-8061
smartstockadvisor@yahoo.com
www.SmartStockAdvisor.com
Disclaimer: SmartStockAdvisor. com is a compensated agent of Microphonics, Inc. as of May 18,1999. SSA has been hired to perform press and investor relations for the company and are being compensated as follows: during the first three months of our contract SSA will receive 3K freely trading shares and 2K restricted shares per month; thereafter SSA will receive 5K restricted shares per month, with possible additional restricted shares on a quarterly basis. In addition, the individuals comprising SmartStockAdvisor.com all hold individually owned unrestricted shares of Microphonics.
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