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Microcap & Penny Stocks : SFDA....Stratford
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To: Bruce Railtone who wrote (29)10/31/1996 11:02:00 AM
From: Doug from CT   of 75
 
Financials are being restated, as everyone already knows. Depending on who you talk to, there have been some large holders who probably haven't a clue what they hold, but who have been bailing out anyway. The best news I've seen is that they're adding on a couple of people who might help them get the product going. Secondarily, they're going to need to raise money in the next couple of months, but it seems to me that one of their new people is somewhat more sophisticated in these matters.

These guys maintain that the Ontario highway dept. really likes their stuff, and that the rest of the world takes the Ontario hwy dept. seriously on the subject of concrete. Anyone able to check it out apart from what the company says?

Doug Friedenberg
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