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Gold/Mining/Energy : Venga Aerospace Systems Inc
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To: pete meyer who wrote (162)2/22/2000 9:13:00 AM
From: Clifford Burrows   of 202
 
Pete, they are having a hardtime finding funding for the 3D venture. If you know anything of their past history, it is still hurting them from getting any credibility. Too many NR where put out with planes and boat deals from all over the world that they couldn,t come through with. They hope the 3D venture will be their salvation and start bringing in revenue. This is grass roots no funding. They own the technology for this 3D venture.
They are quite excited, but are going slow. They say this is the 3D leading edge with the ability to convert 2D to 3D.They have several clients such as the Titanic Museum.They want to raise funding to build their own in house production.
Again, with their past history getting funding is their biggest challenge.
hey traded at 6 cents yesterday.

Cliff


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