Markatech - MKD (VSE) Message Board

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Gold/Mining/Energy : Markatech - MKD (VSE)

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To: Robert J. Mifsud who wrote (274)	8/6/1998 11:37:00 PM
From: Ted Kosokowsky	of 416

I also talked to Doug about the convertible preferred offering, and he said he would send me a copy of the prospectus if he could. It doesn't look bad. Judging by the news release it carries a 12% dividend (better than interest), and a 5% royalty overall. Apparently if the equipment runs at 1/3 capacity in the first year the royalty payment could be as much as 15% of your investment. That combined 30%+ doesn't sound bad at all for anyone needing income, although the minimum subscription is $10,000. If anyone is interested I'll try to get more information. If I get any good information about their business plan I'll try to interpret it into a financial projection and publish it. By the way, he also said they would be starting some better news promotion to generate more interest in the stock. Well, I certainly feel better today than I did 2 days ago. Ted

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