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Gold/Mining/Energy : Innomat Solutions Corp (INAT - was Stackpal, STAX)

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To: Method who wrote (305)4/28/1998 2:24:00 PM
From: Ed Gee  Read Replies (1) of 580
 
I spoke with Mr. Kavanagh this morning. The financials should be out next week; the audit has been completed and they just have to put out a news release. Mr. Kavanagh is very pleased with the progress of this company. There are a number of companies looking at licensing their new technology; and additional prototypes have been made for other companies, including a major auto manufacturer, regarding their thermoplastic design technology. All we do now is wait until the contracts are signed, sealed and delivered. I also discussed regarding a possible WEB site for the company and this is definitly high on their list of priorities. Mr Kavanagh emphasized again that he will not put out any news releases until contracts are actually formalized and signed, but he reassured me that there is lots happening right now. Again, patience in this company will pay off.
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