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Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider
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To: Paul Bartosh who wrote (2423)11/26/1997 11:18:00 PM
From: Jaffo  Read Replies (3) of 4676
 
To All:

In regards to QQTTC, I have forwarded the following Q's to Mr. G:

Q #1 from Bob Jordon:

Why should I be a shareholder in NRID? That is to say, what steps are
you taking to RAISE the stock price?? I hope it is not a reverse stock
split.

Q #2 from Sheldon C:

Lets say NRI costs $1.5M bare minimum to run a Qtr. And lets say we
make $200 a unit. NRI has to sell 7500 scanners/units per Qtr to break
even. (ignoring service income). When do you estimate that this Qtr.
will come, and how will the Cogent payments impact (are they the ones
we pay royalties to?) on this number?

Q #3 from +srs:

What incentive does the top management have in raising the price of
stock, if any?

Q#4 from Jaffo:

Many of us who follow N closely is convinced that this qtr will not be
the turn around qtr envisioned by you and that therefore more financing will be needed very soon. Are we correct and if so have we started to look for financing to avoid another "Encore conversion/dilution"? Also, to what extent will the financing dilute the Company. If we don't breakeven, will revenues be over $1 million this QTR.

#Q#5 (optional from Jaffo)

In light of the horrendous beating we are taking, would you take this
opportunity to give us a "State of Corporation" briefing indicating the pro's and con's of NRID both long and short term?

For those who provided Q's, many thanks.

Best of luck and a happy and safe Thanksgiving to all.

Jaffo...going long and banking on NRID's products are great; alliances are phenonmenal; customers and market will be there; satisfactory financing will be available; selling mania is irrational influenced by Encore's conversion, Coghig's Report, and stop points; the perceived Cogent problem will be a non-problem; and there will be no reverse split...
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