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Technology Stocks : Aqua Dyne Inc

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To: Wade who wrote (3)8/2/2002 11:38:36 AM
From: water-world-man   of 18
 
Good morning Wade,

No question, Aqua Dyne isn't rich with cash. Before becoming a public company, their purpose was R&D, which we all know can be expensive. At this time, I am aware of no sales, but I know the development has progressed to where the system is ready for market. Personally, I'm glad they waited to become a public company until they had a product nearing development completion. Far too many public companies continue R&D for year after year while investors suffer and hope that someday the company will bring a product to market.

I believe there's great interest in the JetWater system and I'd be very surprised to here there weren't contract talks going on. Today, we're 11 weeks into the public life of Aqua Dyne. I'm confident the next 11 weeks will give us a greater understanding of the capabilities of the system and reveal some of the interest from the commercial market.

And to answer your last question, unfortunately, I do not know any details regarding how the promoters determined the stock price.
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