STAX -----> Stelax Industries - A real gem. Message Board

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

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To: Jim Chapman who wrote (644)	7/2/1998 3:12:00 PM
From: Eric G. Erpenbeck	Read Replies (1) of 1112

Dear Jim, What business plan are you referring too? The last business plan handed out to me from Stelax is so far outdated and Stelax is so far behind it that it doesn't even have any value anymore. Please point me in the direction of the new business plan? As pointed out by Jim Drewitz and others the bridges are not even being built yet (1999). Whats even more surprising is their opinion on the product itself. Furthermore, we have all been lead to believe that the product had been certified. My question is by WHO and what value has this certification truly added? Since US states are still testing the product anyway? From what I have gathered by my own research is that the opinion on NX is that the product is still only being tested, and that their is no formal favorable or unfavorable viewpoint on it yet by US states. I have this in writing! Since the bridges aren't even built (1999), my conjecture on it is that a massive order for NX by Government and or US state funds is no where in the near future (maybe 2-4 years away). This is where I felt the big $$ are for STELAX and the product NX.. It also seemed like we were led to believe that these bridges (Maine and Virginia) would be well along by now which we also have discovered from our DD wasn't the case. Anybody that has worked for a US state or a government agency knows darn good and well no decisions are made quickly!!! So where are these big orders and announcement going to be from? Certainly not US states that are still in the vast testing stage (and if so not for a long time based on my DD). I have researched this one long as well and all I am doing is bringing to light my viewpoints based on my research. I am grateful to learn more facts and would be glad to hear of other large potential orders for Nx other than US states. For all investors involved I truly hope there is!!! Just trying my best to discuss what I have learned.

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