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Gold/Mining/Energy : NDT VENTURES

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To: The Northair Group who wrote (840)	10/1/2000 4:54:53 PM
From: Terence Mitchell	Read Replies (1) of 992

Share Ownership I just received the NDT annual report and something in the "Notice of annual meeting" too me aback. They indicate there are 25,538,743 shares issued and outstanding, BUT, 21,344,780 (83.6%) are owned by a company called CDS & Co. This means there are only 4,193,963 shares which are free trading so to speak. I was never aware that such a large chunk was owned by a single corporate entity (I may not have spotted it before) They claim, they are "unable to determine who beneficially owns these shares" B******T, if someone controlled your company you sure as hell better know who owns them. This massive ownership of NDT puts a whole new perspective on the company from my point of view. Terence

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