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Gold/Mining/Energy : Brandselite International Corp
BNT 46.68+0.6%12:59 PM EST

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To: Dennis Lefebvre who wrote ()7/17/1998 12:27:00 PM
From: JPayne  Read Replies (1) of 17
 
I am a fellow shareholder of this company. I believe this company had
excellent prospects for revenue growth in the upcoming year. This
company was a distributor of luxury brands to the duty free retailers.
Duty free is one of the most profitable areas of retail.

The company has gone from being a distributor of luxury brands to a
developer of brands and products for other companies. Brandselite
developed the fragrance "Doulton". The fragrance was introduced
through Eatons and the Bay. Within a month, Doulton was the sixth
best selling fragrance at Eatons. The fragrance was also introduced
to a US cosmetics trade show and orders were higher than expected.
Saks is one of the companies distributing in the US.

The introduction of Doulton and subsequent orders have exceeded
expectations. They will also be introducing the complementary products, lotions, bath oils, powders etc to go with the fragrance.

The company is also negotiating with other household name companies
to do the same thing using these companies brand names.

They should be announcing this quarter's financials and new agreements
soon.

The stock has not been doing well for a couple of reasons. The
float outstanding is relatively small. Much is owned by family and
about 4% is held by Goodman & Co. in one of the Dynamic funds. With low outstanding float, the price is greatly affected by trading. The stock also has little analyst coverage.

I have noticed much of the buying has been through McDermid St Lawrence. If anyone knows it there is coverage by a McDermid analyst
or broker, I would be interested in hearing from them.

The good news is that the company is committed to raising awareness in
the investment industry. I would suggest contacting the company
directly.

Mr Sam Gazouli, Brandselite
100 Granton Drive
Richmond Hill, ON L4B 1H7
905-886-8300

With the next quarter financial reports, you should see some movement in the stock price.
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