Any comment Andrew ?
Any comment INVGURU?
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>http://forums.delphi.com/m/main.asp?sigdir=plascdnotc&mid=34
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FROM INVGURU
>jury is still out... haven't averaged down yet but thinking about it. With all the paper
>printed recently at .13 it is hard to take these guys as seriously as we had hoped for.
>In other words the stock looks ok and on paper the play the seems real enough.
>
>Then you look at the trading, stock blown out above .30 and then lots more issued at
>.13, the anonymous director reports etc., and you get the feeling something doesn't
>taste right here. If it's so great why do we get to buy loads of paper at .30 and then
>they rake it back to .13 to print more? If real aren't they at all sensistive to shareholder
>dilution, or at least the appearance of it?
>
>Why couldn't they hold .30 and why couldn't they drive it past .50 on their first
>confirmed multimillion dollar sale? Someone surely sold a ton of paper and weren't
>afraid of losing the upside and were happy to get .30 to .40 a share. Or did they
>know all along it wasn't real and they couldn't hold the price up and why bother
>because they intended all along in dropping the price and starting up the plas share
>printing machine at a much lower price.
>
>Some might say carefully planned although more likely a failed promotion because
>too many large shareholders knew the bs game and the players involved and their
>trademarks.
>
>If this company is real they should get rid of their ir because they seem to have
>caused more harm then help for the stock. Very amiturish! If real, it's hard to have
>confidence in plas as long as these guys are holding the reigns, it seems as if when
>plas moves up a nickle the selling starts again, which seems very short sighted.
>
>Seems like great product, it's a shame that plas is such a paper play.
>
>
>INVGURU
>
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FROM NIC
Date: Thu, 20 Aug 1998 09:49:56 -0400 (EDT)
To: (Recipient list suppressed)
From: Northern Investment Coalition <cheech@interlog.com> Save Address Block Sender
Subject: NIC -- WE'RE BACK, SO IS PLASMA!
DISCLAIMER
The information contained report, while obtained from sources we believe to be
reliable, is not guaranteed either as to accuracy or completeness. NIC assumes
no liability for any investment decisions you make. Please do your own due
diligence on company that are featured in this newsletter.
NIC, may have a position in the securities mentioned herein, and may make
purchases and/or sales from time to time.
Neither the information nor any opinion expressed herein constitutes a
solicitation of the purchase or sale of any security. NIC is not licensed to
provide investment advice in any jurisdiction. Readers are urged to seek
independent professional financial advice before acting on any stock
recommendation. Any investment in stocks are to be considered highly
speculative. No stock exchange or securities commission has approved or
disapproved of the information contained herein.
___________________________________________
Greetings!
We hope everyone has been enjoying their summer. The weather here in Toronto
has been great so it made sense to save our nerves for the winter months, and
enjoy the weather while it lasted!! :)
We are putting out this bulletin as one of our CORE PICKS, PLASMA TECHNOLOGIES
just put out a milestone announcement - have a gander at it and you'll see
why we have put so much emphasis on this company. It has been a quiet summer
for PLAS shareholders but we feel that the Fall rally will not only test new
highs, but completely obliterate them!
This is a company on the move, and the announcement below proves that fact that
their technology is in demand and it's only a matter of time before other major
contracts are signed.
Agreement with Malaysian consortium
Plasma Environmental Technologies Inc PLAS
Shares issued 26,400,000 Aug 19 close $0.13
Thu 20 Aug 98 News Release
An anonymous director reports
Plasma Environmental Technologies has signed a memorandum of understanding
with a consortium of Malaysian interests to invest in the transfer of the
PARCON technology, as well as the application of the PARCON technology for
municipal solid waste (MSW) conversion into saleable products.
The MoU was signed following the presentation of Plasma Environmental's
PARCON (Plasma Arc Conversion) technology last week at the USEPA's
(Environmental Protection Agency) National Research Facility in North
Carolina. The Malaysian consortium of the Universiti Teknologi Malaysia
(UTM), Uni-Technologies Sdn Bhd, and Biopure Systems Sdn Bhd will be
financing the anticipated $60-million (U.S.) project.
The preliminary budget for the project is expected to include $20-million
(U.S.) for a technology transfer and associated expenses, with $10-million
(U.S.) payable to Plasma Environmental and Hungaroplazma (the company's
Hungarian partner); $30-million (U.S.) for the development and construction
of a PARCON municipal solid waste plant; and $10-million (U.S.) for a
plasma research facility and associated research and development.
Plasma Environmental's representatives will be travelling to Malaysia in
September to negotiate the final details of this milestone agreement.
Plasma Environmental's key product, the PARCON unit, is a patented
hazardous waste destruction system. Independently tested at USEPA's
National Risk Management Research Laboratory, the PARCON system met or
exceeded EPA standards for destruction of PCBs, chemical warfare agents and
explosives by exceeding a 99.99995 per cent destruction removal efficiency. |
