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Microcap & Penny Stocks : STAX -----> Stelax Industries - A real gem.

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To: Hans Reuchlin who wrote (603)6/12/1998 12:12:00 PM
From: Jim Drewitz  Read Replies (1) of 1112
 
Hans:

I don't believe discussion on the new mill violates any SEC rules. The point is, the Company chooses not to make a public statement about the mill at this particular time...it's a timing issue...maximizing the news worthiness opportunity. As for the new highway plan, the Company is formulating a strategic business plan that dovetails with current DOT efforts, ASA Alloy Marketing efforts and certain "independent" efforts to expose the Company to key buyers and vendors. The Company is fully aware of the opportunity and potential and plan to take full advantage of their unique position and product.
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