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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: SergioV. who wrote (932)8/28/1998 1:14:00 PM
From: Ginco  Read Replies (1) of 2444
 
Napier should come out with a statement THIS week and comment
on the decline in the stock price - plus throwing in the numbers that
they should have included in the last News would be appreciated!"

Your absolutely right David, I also think Napier should do a number of
other things, including: returning phone calls in a reasonable amount of time (everybody, from the top down); ship samples out when they say
they are going to; not say things they don't mean(that may be
recorded); step up to the plate and defend their stock(when the bottom
is falling out); release news as it becomes available; (good or bad) and they better not issue more cheap paper or any paper for that matter at
their board meeting next week.(either to themselves of close
friends/relatives) If more warrants or options are to be granted, i think it should be discussed at a share-holder meeting, not just between the board members(who have sold a good portion of their own stock for a nice profit already) I don't want to see any window dressing either.

Unreturned phone calls, lack of any type of defense in a stock sell-off, insider selling and not buying, with-holding pertinent news at their leisure, and issuing of cheap options is no one of winning investor confidence, never mind institutional players. We desperately need
Napier's management to step in before it's too late. You've learned
from your mistakes, now take the appropriate measures, which have
been discussed here many times, and stand up for the company and
your share-holders. Still long but not so strong, chris.

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