American Eco (ECGOF, ECX on Toronto exchange) Message Board

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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)

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To: Rob L. who wrote (229)	7/20/1997 11:38:00 AM
From: david james	of 2841

This was in the "glimpse". "The Company has recorded $525,000 of a $2.4 million arbitration award that was given to its wholly-owned subsidiary SRS as of May 31, 1997. The Company plans to record the remaining $1.8 million prior to November 30, 1997." If I get this right, it looks like the arbitration award added 3 cents this quarter and could add around10 cents next quarter (depending on taxes and total number of shares). I wonder if the 3 cents offsets the amount that those airline ads cost - wouldn't surprise me. Dave

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