Amazing.. I don't see why either.
Tried to contact IR.. No luck. Left a message on Gord's answering machine. Said he'd call back. Nothing. Went to the Canada Stockwatch site.. Found the news release which came out after closing. Looks like more of the same crap we've been hearing for years. Testing Testing, this, that, and the other thing with anonymous companies. The trades, both buy and sell, throughout the day were carried on by the same idiots... Canaccord, Nesbitt, Yorkton, McDermid, etc. Lots of senseless activity except for penny stock traders. No big block accumulation. No accumlation period. The idiots were trading and the price was being jacked up by the damn brokers for days before this "announcement." They were no doubt trading in anticipation of a "big" announcement (what you have before you) as if they were insiders! What they are is suckers! The privileged recipients of a "leak" from guess who? The weasels! Oh well. The stock's gain in price(we've been here, done that) will piss away "very soon" without a licensing agreement. The leak is over... A design is scheduled to be completed in March 98. Then there's proto fab and more testing.. then there's waiting till next year and the year after for Ford or anybody to bust a move, sign on the dotted line, and start mass producing something before Jesus returns.
Good luck! Marty |