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

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To: Ginco who wrote (1586)9/10/1998 10:34:00 AM
From: AL  Read Replies (1) of 2444
 
The word from the company...

The initial order from ICI is due in any day now, and a news release will be issued when it does.

The GLOBAL marketing agreement with ICI is currently being worked on and should be completed by the end of Sept.

The marketing deal with K-G Packaging is also being worked on and should be completed before the end of Sept.

News will be released upon completion of each deal.

Napier is making inroads with the automotive industry.

Napiers gross profit is 65%, and this includes sales to ICI through K-G PAckaging.

The paper that is coming loose in October is not likely to hit the market.

All this is good news and should be out soon.

Greg has ties to institutional buyers, and has been talking to them.
A lot of funds cannot buy into a stock under 5.00, but there are some smallcaps that can. They don't need the quaterly reports. They can buy in upon news of sales agreements ( assuming there are numbers, and the company says there will be next ). Word is they like the product, company, and story, but they are waiting for numbers. ( aren't we all ! )

Share price sucks today, so I bought a chunk more :-)

REgards, Al

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