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Gold/Mining/Energy : Current Technology
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To: abdias who wrote (52)7/21/1998 10:38:00 AM
From: Bruce Hopkins  Read Replies (1) of 79
 
Unfortunatly I have misplaced my last quarterly report (form 61) however, I will call the company and get an additional report. As I recall there were relatively few sales and the decrease in operating loss was principly related to cost cutting measures.

My only relation to the company is as a long term investor with an average cost ( after averaging down ) of approximately .39-.40 cents U.S.

The pr effort was not extensive and amounted to an additional write-up in Nordstrom's Growth Stock newsletter( it can be accessed at www.nicstock.com under portfolio picks ). There is nothing there you do not already know. When I spoke to Skip Nordstrom he thought it would start to generate additional buying among his clients...remains to be seen.

The only thing that will generate sustained interest will be positive press releases about sales AND shipments to Europe and success with the FDA application. It is my understanding that the latter should occur shortly after which the FDA has to act within 3 months

The Asian currency debacle, failure of the original Canadian distributor to perform and lack of any substantive news (save for the Mark) has caused interest to dry up.If nothing else an update on how current distributors are doing would be helpful. How is the technology being accepted by the public on a country to country basis?
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