UPGD 'Smart Card' potential $2.4 Billion World Wide Message Board

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Microcap & Penny Stocks : UPGD 'Smart Card' potential $2.4 Billion World Wide

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To: interesting man who wrote ()	2/2/2000 5:34:00 AM
From: kostasinchenko	Read Replies (1) of 203

A rough outline of seminar held on 28th of jan 2000 concerning upgrade international. The spokesman was Yorgo Katsanos from cyber capital ltd It was a very upbeat and confident speech as one would expect he talked at great lengths regarding ultracards revolutionry technology and Its various applications it sounded very exciting I don't assume to be a tech boffin but i for one was convinced,the other points that concerned me as an investor were put to Mr Yorgo at the end of his presentation Q/1 When will upgrade be fully reporting Response/ Before the 24th of feb 2000. Q/2 Will this technology be adopted commercially by someone like visa or amex etc. Response/ Yorgo replied we have been approached by various potential suitors for our technology.one major player who was ready to adopt our ultracrd technology but they wanted exclusive rights for their particular sector. This was unacceptable because they feel it's not right to restrict this technology. It must be adopted with no strings attached, otherwise this will affect upgrades' future growth. That particular comment sounded a bit arrogant to me, but on the other hand it can be interpreted as a sign of strength. Q/3 who was the company that wanted exclusive rights. Response / Mr yorgos repeated we shall be fully reporting latest 24th Feb 2000, and I can't say any more. Q/4 When will upgrade be listed on NASDAC, and why the delay? Response / Upgrade has applied for listing at the beginning of Jan 2000, it normally takes 90 days so I expect we shall be listed by end March 2000. Q/5 How about share holders value, is it not best to have a large company adopt the ultra card technology in order to take that big step from speculative to approved, and thus substantially increase share price. Response/ Upgrade will not surrender to a single large suitor for an immediate share value, we must hold to making sure that we maximise on all markets with this great technology. We are all convinced the share price will be between $500 and $700 by the third quarter of 2000, and the sky's the limit after that.Have great patience and all loyal share holders will be very rich!!!!!! These were some of the areas that were covered. a lot more was said, but it does not all come to mind at the moment. If anyone has any further questions I would be happy to respond. On the whole it was a very informative evening. Regards INCH.

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