From another thread: FWIW.
TO All Investors & Lurkers; Information.....
Research Report on SEVT........
SEVT - SUMMIT ENVIRONMENTAL CORPORATION, INC.
O/S: 7.5 mil
Float: 4.5 mil "very tightly held"
Net Equity: over $4 mil
Long Term Debt: 0 (zero)
CEO: Keith Parker, 414 E. Loop 281, Suite 7, Longview, TX 75605
1-800-522-7841
Summit(SEVT) is involved in the manufacturing, marketing, and distribution of
biodegradable, non-toxic cleaning, chemical, and fire suppression agents.
The product, FlameOut is the only EPA approved replacement for Halon 1211 for
both residential and commercial fire fighting applications. Halon has been banned
globally due to its ozone depleting capabilities and possible carcinogenic effects by
the 1992 Geneva Peace Conference. FlameOut is packaged in an aerosol can
making FirePower911 the first ever rated fire extinguisher in an aerosol can.
Ultimate Clean 668 is a cleaning agent that is a revolutionary cleaner and is being
marketed and
tested by the aviation industry and military. The suppressant is patented and SEVT
has been assigned such.
International Aero home ,http://www.intl-aero.com/home.html , the world's largest
reconfiguration company of commercial airlines, markets these products through
Pyrogen Pyrogen Home Page , pyrogen.com , aero02 ,
pyrogen.com .
International Aero's Director of Research and on the Board of Directors in SEVT is
John Brooks, formerly the head of fire suppression with the United States Navy.
Both FlameOut and Ultimate Clean668 are being tested
by the Department of the Navy and with a military specification number, FAA
approval for the turbine cleaner is in place. International Aero has purchase
commitments from Continental, Delta, and Northwest airlines.
**********************************
Bottom Line:
***Retail sales Grocery: (# of Stores)Core Mark- 47,000 , MSM Solutions- 20,000 ,
Grocery Supply Company 12,000 , Minter Weisman- 3,000 , also included are
Albertsons, Jewel-Osco, Walgreens and Auschan. Texas: Brookshires/SuperOne
134 , Tom Thumb/Randalls 117, New Mexico: Furrs 72
***Retail sales Convenience:
Connoco, Circle K, Maverick, E-Z Mart, Seven-Eleven, Holiday, Petromark, Coast
to Coast, and Town & Country
Convenience Service Group and Core-Mark= total network of 130,000 stores
alone.
Most of these retail outlets will have FirePower911 on the shelves by Thanksgiving.
***Aviation: FAA Testing Protocol for replacement of Halon Fire Extinguisher on
board passenger aircraft
***Military: Pascagoula, Mississippi Naval Center, FlameOut under test for misting
systems in the cargo bays of Navy Transports, FlameOut II under alternative
protocol tests for AFFF replacement. AFFF is a known carcinogenic fire fighting
agent. Paxtuxent River, Maryland, Naval Air Warfare Center - Ultimate Clean668
under testing protocol on the F-16 Navy Jet.
***Exclusive distributorship agreements have been executed with Mexico, Brazil,
Argentina, Uruguay, Paraguay, Colombia, Ecuador, Peru, Boliva, Chile, Venezula,
Dominican Republic, United Kingdom, Hong Kong, Singapore,
Japan, Philippines and the Europian Union.
*** FirePower 911 will appear in The Amway Corporation Spring/Summer 2000
catalog with a distribution of 3.3 million copies
*** There is a possibility of a private labeling agreement through Kingsford
Charcoal, a subsidiary of Clorox.
***In addition to the above, SEVT expects to commence a vigorous marketing effort
using direct response television in December 1999. The producer of the
infomercials is The Video Agency of Studio City, California. The initial
preparation is being edited at Paramount Studios. Direct response television ads
will be extracted from this 30-minute production. The program will air nationally on
the Discovery, Learning, or Bravo Channels, or on CNBC. It
will be rebroadcast once every other week for six months. We believe this program
will generate investor interest, support the convenience and retail grocery sales
initiative and produce direct sales from the home office. A 60-second FirePower
911(TM) support ad for the local retailers will begin December 10, 1999 on local
CBS or local cable affiliates, where FirePower 911(TM) is on the shelves.
|
