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Microcap & Penny Stocks : AIRP
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To: Brander who wrote (142)8/28/1996 8:44:00 PM
From: Joan Osland Graffius   of 487
 
Hi all, I talked to Richard today and AIRP had some interesting orders recently, one from the Australian football league; and agreements were signed with distributors in Brazil and Israel, both which included orders. These were relatively small orders, $25,000 each for the distributors.

They are working with some interesting potential customers like Lillian Vernan (Sp.) the catalog house for void fill bags. There has been a Chinese company that has contacted the company for information. Also sounds like the new manufactures representative group that negotaiated an agreement with AIRP is busy introducing the product to potential customers in silicon valley. Sounds like this manuf rep group may communicate to the public their progress with the product some time during 4th quarter.

He thought the quarterly report should be out in three weeks or so. The Canadian office will have copies available for us. It will be interesting to see what the revenues are for last quarter since we will see what kind of orders are comming from MOT. It is my understanding MOT was having manufacturing problems with their larger wafers which are using the Air Box packaging, so this current quarters revenues will reflect full production use of the Air Box for these wafers from MOT.

Sounds like we are still on track....These guys have money, management and a product, all we need is some customers with a steady stream of orders.

Capitalism - why is it so hard!!

Joan
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