Research Fix-Corp Int'l (BB:FIXC). Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Research Fix-Corp Int'l (BB:FIXC).

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mr. Stress who wrote (1800)	4/6/1998 6:47:00 PM
From: Rashid Garuba	Read Replies (2) of 1845

[NTAH] Posted by Jamie Orr on April 06, 1998 at 15:09:50: - from CW I just spoke to the PR guys at Canyon Financial. The following are my notes. The stripper technology has been tested on several wells over a one year period. The unique and patented portion of the device is the sensor. Similar stripper devices used by other companies either run constantly or must be controlled manually. One computer, and one compresser can operate up to 15 wells, thereby significantly lowering costs. In addition, the information from the computer can be downloaded via satelite to a central office, which saves the cost of continually sending someone into the field to check the operating status. Nevtah is currently negotiating to lease some stripper wells in Oklahoma. Current production is still around 300 bpd. A general update press release will come out near the end of the week and will include 1-2 sentences concerning negotiations for additional funding which according to Canyon Financial will not dilute the stock. The float has increased as was discussed on the SI thread last week, but Canyon is not sure exactly how large it is at present. From what was said on the SI thread, I personally am guessing that it is just over 3MM. Canyon assures me that shares outstanding has not changed and remains just under 15MM. There will be big news concerning the Matagorda project next week, but they could not elaborate. Canyon also assures me that the company has sufficient funding at present. "We are all very bullish around here," one of the PR guys told me. (I'm rushing out the door to teach a class. If someone could do me a favor and post my notes on the SI thread, I would appreciate it.) Jamie Orr

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next