Message form the company
URT IS ALIVE AND WELL!!!!
Pass on:
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URT is listening to the shareholders. We have many that call us on a
regular basis to complain and our goal now is to focus only on positive
things. We have a deadline of January 21st to make a sale on the contract
we have signed with CDL. What we need from our shareholders is referrals
and suggestions to help rather than any negativity. Our total focus is
revenue generating activities and we have a deadline for action. Hence the
new salespeople and the the new expertise the company is getting as you can
see from our corporate up-date. The word of the week is enthusiasm. We
want to sell a facility so bad we can taste it. By the way, I have taken
over all the shareholder communications work as Jim has retired to other
ventures and we are consolidating this job into one that includes all
methods of notifying clients and shareholders of our new goals. Thanks
again for your support and I look forward to working with you in the
future. Here's the update...
Vancouver, BC: The Board of Directors of Urban Resource Technologies Inc.
would like to update the shareholders on corporate developments.
CONTAINER WITH FIBR-PLAST SAMPLES EN-ROUTE TO MANILA.
R.J.'s International Resource Development Inc. of Toronto has recently
participated in the Housing and Technology '96 Trade Show in Manila. Many
contacts were made as a result of this trade show and R.J.'s has requested
the material to sonstruct three model homes. Urban Resources has been
working with this Philippine group for about eighteen months. R.J.'s had
experienced some turbulence within their corporate structure which caused
delays in progressing with their plans to sell Fibr-Plast manufacturing
facilities. These distractions have now been resolved and R.J.'s are
actively renewing all of their marketing activities in the Philippines with
respect to Urban Resources.
FIBR-PLAST MATERIAL DELIVERED TO B.C. PARKS FOR TESTING
B.C. Parks has recently approved Fibr-Plast material for use on a trial
basis to build outdoor facilities for the handicapped. The test program
will be a total of nine(9) outdoor facilities and an undetermined length of
boardwalk. The Fibr-Plast material has been delivered to Emery Holdings
Ltd. of Victoria, B.C. who is the contractor.
PRELIMINARY JOINT VENTURE DISCUSSIONS WITH EUROPEAN CONGLOMERATE
Urban Resources is now in negotiations with a group of businessmen in
London, England with respect to establishing a joint venture to build
Fibr-Plast manufacturing facilities in Eastern European communities. A
pilot plant has been proposed for England but no agreement has been reached
as of yet.
MAINLAND CHINA NOW A POSSIBILITY
Urban Resources has had on-going relations with a group from China who now
intends to send enough Fibr-Plast material to construct a model home in
China. The model home would be used as a selling tool for this group to
sell Fibr-Plast manufacturing facilities. Urban expects to send the
material before the end of January 1997.
INDONESIAN DELAYS ALMOST OVER
Due to the delay with the Soemitro/Said group purchasing a Fibr-Plast
facility, Urban Resources decided to forge ahead in marketing Fibr-Plast
facilities in Indonesia. While we are not discounting the ability of the
S/S group to eventually produce an order for a factory, we are taking
matters into our own hands and have developed new major connections with
respect to Indonesia. To this end, Urban has added Alex Van Hoeken to the
Board of Directors of Urban Resources. Mr. Van Hoeken is well versed with
Indonesian business and speaks seven languages fluently including
Indonesian. He has strong ties with many influential Indonesian business
people and has formalized Urban's business in Indonesia by being personally
available to conduct Urban's business. Urban has entered into discussions
to address the possibilities of building a Fibr-Plast facility next to a
solid waste sorting facility that is being built in Surabaya. The solid
waste facility is set for completion in 1997 and so far, this group does
not have a use for the waste material. Fibr-Plast is a perfect product for
them as they are also involved with some humanitarian issues and can see
the benefits with our facility in relation to their other businesses. Alex
has also been given the mandate to hire sales people to maximize our
exposure now that we are firmly entrenched in the business environment.
Urban now recognizes that International business takes a great deal of
preliminary relationship building before firm sales are realized. While
Indonesia has not yet proven to be a market for Urban, we are only now in a
position to capitalize on our slow pace of busines development.
FIRST CLASS SALES FORCE BEGINS IN MID-DECEMBER 1996
The Directors of Urban are pleased to announce the recent addition of two
(2) very experienced and seniior salespeople whose only function is to
produce sales of Fibr-Plast manufacturing facilities. Our first candidate
was recently the Vice-President and Cheif Operating Officer of an European
owned process equipment and machinery manufacturer located in Florida. He
has extensive experience in the marketing and sale of processes, equipment
and services as applicable to the environmental market and related
engineering/construction services and public infrastructures. He has
successfully carried out his duties at all levels of industry and
government in the USA, Canada, Turkey, South Korea, Republic of the Congo,
most of the Caribbean, France, England, Tunisia, Algeria, Morocco,
Thailand, The Philippines and Malaysia. He has dual citizenship and is
fluent in English and French. He portrays himself as qualified,
hard-working, experienced who is a seasoned professional salesperson. Our
second candidate is a Professional Engineer with a Masters in Natural
Resource Management. His recent accolades are from his employment in
developing a pollution prevention planning process and implementing the
process in a series of pilot projects. He has evaluated major natural
resource development projects with respect to environmental objectives. He
has provided technical assistance and conducted inspections on behalf on
Environment Canada for the achievement of industrial and municipal
compliance with Federal Canadian Environmental legislation. He has
completed research into environmental and human health impacts on a wide
range of environmental contaminants including industrial chemicals, heavy
metals and biocides. He is highly informed about legislation and
governmental positions with respect to environmental issues.
CHANGES IN THE BOARD OF DIRECTORS
Mr. Paul Theberge has resigned effective November 29, 1996. Alex Van
Hoeken has been added to the Board effective immediately. All of the
executives of the Company are working Directors who are actively involved
in the daily operations and management of the Company. To clarify, Gordon
Muir is the Co-Chairman of the Company and is the CEO. He is responsible
for the overall performance of all divisions of the Company and focuses on
marketing the technology throughout the world. Penny Perfect is
Co-Chairman and Secretary/Treasurer of the Company. Her role is
international marketing of the manufacturing facilities and structuring of
joint venture arrangements on a global basis. She sets up data management
mechanisms and establishes the framework with which the Company will enter
into international agreements. She also is responsible for human resources
functions with respect to adding staff and training employees. Katerine
Johnston is Vice-President-Administration and is responsible for accounting
and administration. She prepares all of the reporting documentation and
financial record keeping. Mike Pinkney is Vice-President-Operations and
oversees the domestic departments of the Company and the entire daily
corporate operations. Alex Van Hoeken is Director-Indonesian operations
and will be responsible for the Asian operation and for furthering sales in
North America. He also works to establish relationships with governments
and agencies that can provide funding for our joint venture partners.
Urban Resource Technologies Inc. is in the business of selling Fibr-Plast
manufacturing facilities. Fibr-Plast being a composite material made from
a combination of fibrous and plastic post consumer waste material. This
revolutionary product has been field tested for strength, durability and
consistency for the past four years and has proven to be resistant to
moisture, insects, and extreme weather conditions. It will not rot, crack
or splinter when used as a building material and is more cost effective
than wood or concrete. Fibr-Plast represents an ecologically responsible
solution to an ever increasing amount of solid waste in landfill sites.
The use of Fibr-Plast as a building materail will create a significant
reduction in the consumption of lumber worldwide.
THE ALBERTA STOCK EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE
INFORMATION CONTAINED HEREIN. |
