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Gold/Mining/Energy : Nuvo Research Inc

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To: Mark Bartlett who wrote (583)9/13/1997 9:02:00 PM
From: Greg Spendjian   of 14101
 
Just received my copy of DMX's Annual Report. Is anybody on this thread planning to go to the AGM on Sept. 30 in dowtown Toronto? It would be nice to hear what they have to say in person.

The report itself seems to be quite positive about DMX's two platform technologies. Results of their application for approval for PENNSAID in the UK should be out soon one would think, as should the results of further clinical trials on WF-10. The rest of 1997 should be interesting for DMX.

I must say that I was not that impressed with the current Board of Directors as there does not seem to be much depth with regard to the line of work of the company. Can't help but wonder what Glen Sather knows about medical research for example, given his line of work as a hockey coach and General Manager of the Edmonton Oilers?

The Annual Report also gives almost no information about what kinds of people are employed by the company and what work they are actually engaged in.

Just my two cents' worth.

Greg
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