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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE
WEB 27.990.0%Oct 11 5:00 PM EST

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To: Len Hynes who wrote (396)9/19/1999 11:38:00 PM
From: Crazy Canuck  Read Replies (4) of 1252
 
>>During the Investors Forum discussion we learned that NSI was about to enter the "acceptance testing" stage of its Internet Community Management System(ICMS), and ,to be hopefully ready for full production in approx. 30 days.
Has anyone heard how things are going in this respect?<<

I spoke with the company on Friday, and I specifically asked about the progress that had been made to date.

On Sept 2nd, the Internet Community Management System (ICMS) was turned live. This was a major milestone as much of the company's resources had been redirected towards this business initiative.

On Sept 10th, the ICMS completed the acceptance / debugging stage. I understand that there are several happy people in the company right now in that the system seems to be without any glitches and it is working smoothly.

During the week of Sept 13th, the company has been reactivating many of their external business contacts and following up on the several "firm" expressions of interest which were referred to during the Investor's Forum conference call.

I expect that a good number of these contacts will result in signed contracts. I am aware that NSI's President has been a very busy man in that he has been personally leading some of the larger contract negotiations. He will be in the US for a few more meetings this week.

I have not been posting as frequently as I had in the past. This is in part due to my being actively involved in a number of personal and business related projects which have taken up a good portion of my time. I also have been quietly waiting for this company to come to the table to show that there is indeed a "light at the end of the tunnel" so to speak.

At this stage of the game, I now want to see NSI announce that another firm(s) has expressed their confidence in NSI's products and services. This company has stated that we should be patient while they build their system. Well it is now been built - it has been released - it has been tested - and I believe that it is now time to prove that it has the capability to bring in revenues.

Their long term future is an exciting and compelling story given the recognition they are now receiving. This recognition is in part due to their new ICMS, and the Answers.com and Business Intelligence pending IPO's.

In the very near future, I fully expect to hear something of the nature of who they will be partnering with and / or what contracts have been signed.

That said, I still hold all of my shares (last count 22 purchases, and only 1 sell - the sell was my fourth transaction out of the 22).

Crazy Canuk
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