Josef and all,
I know this one came up several months ago, but I received this e-mail yesterday. Frankly, I'm shocked at the blatant infringement of FBNA intellectual property rights. Are the corporate lawyers on top of this one? Is PESO paying a fee to use Kevin's material???
I can't believe they are still using the same disclaimer...
The statements made in this post that are not historical facts
contain "forward-looking
statements" within the meaning of the Private Securities
Litigation Reform Act of 1995,
which can be identified by the use of forward-looking terminology
such as "may," "will,"
"intends," "expects," "aggressively impacts," "works,"
other variations thereof or comparable
terminology. Important factors, including certain risks and
uncertainties, with respect to
such forward looking statements that could cause actual results to
differ materially from
those reflected in such forward looking statements include, but are
not limited to, the
impact of competitive products and services, the ability of readers
to comprehend in a
timely manner, the Company's ability to collectively maintain a
straight face, the effect of
economic and business conditions, including the risks inherent in
presenting imaginary
operations and products as factual, and the ability of our
technical personnel to attract and
retain lint.
Tom
ps: The Sales staff may want to give them a call. Another potential FBNA SpellCheck/2000™ customer...
The full text of the e-mail follows:
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
From: stockinfo@stockinfo.com
Wednesday, December 09, 1998 11:05 PM
Subject: Company Profile
This message was brought to you by Email Platinum v.3.1b.
For your own copy of Email Platinum v.3.1b contact:1-909-797-5425.
Northport Industries Inc.
(OTC BB: PESO)
5.6 Million shares outstanding.
330,000 shares in the float.
Northport is a contract manufacturer with its operations headquarters and
warehousing located in an 12,000 square foot facility in Del Rio, Texas with
its 3 manufacturing and assembly factories (Maquilas) totaling 100,000
square feet located in Ciudad Acuna, Coahuila, with a fourth factory opening
on January 4 1999 in Allende, Coahulla, Mexico. Northport delivers high
quality goods to Originial Equiptment Manufactures ("OEM").
Currently one factory produces leather wrapped gear shift handles and boots
for Cadillac, Oldsmobile and Saturn cars as well as designer bags and golf
bags under the name "Evergreen". The second factory handles all the material
cutting, receiving and shipping. The third factory is one of the largest
manufacturers of the soft pads for infant car seats for North America under
the name of "Gerry Evenflo" a top US brand. Additionally, the Company
manufactures Bean Bag chairs sold through K-Mart, Target and Wal-mart
stores.
The Company's 500 emloyees include on site administration, design and
production engineers, materials, quality, prototype and maintenance
personnel that compliment an experienced work force.
Northport provides JIT (Just-In-Time) delivery to anywhere in North America
and has a dedicated customs clearing group that can provide answers to
questions.
Northport is in an aggressive aquisitioin mode having recently completed
its second acquisition of 1998 to become a dominant leader in Mexico's
"Maquila" contract manufacturing business. The "Maquila Industry" of border
located contract manufacturing factories is very young and fragmented
without control or concetration with any large company. Due to the advent of
NAFTA many large vertically integrated corporations are outsourcing more of
their sub-assembly work.
This is a copy of their most current news release:
Northport Industries Inc. Obtains New Manufacturing Facility
DEL RIO, Texas--(BUSINESS WIRE)--Nov. 19, 1998--Northport Industries Inc.
(OTC BB:PESO) has obtained a 40,000 square foot facility in Allende, Mexico.
Allende is approximately 60 miles from their Acuna, Mexico, plants. Robert
Michelini, president and CEO, stated that ''due to the amount of work we
have committed to do for the Evenflo Corporation, it was necessary to obtain
an additional plant. We chose Allende because of the availability of
labor.'' He further stated that ''we are currently doing 225,000 pads per
month for their infant car seats and have committed that by the end of the
first quarter of 1999 we would be at 500,000 pads per month.'' This will be
100% of Evenflo's production in North America.
Allende, Mexico, is a town of 28,000 residents, but within a seven mile
radius there are two additional towns with a total population of 54,000.
Northport will be the largest employer within the city. Evenflo Company Inc.
is one of the most recognizable producers of infant and juvenile products
under the Evenflo, Gerry and Snugli brand names. Evenflo's product line
includes car seats, strollers, stationary activity centers, gates, high
chairs, play yards, cribs, child carriers and a wide variety of infant
accessories.
Northport is a very strong and profit minded company. They have the right
management personnel in place to bring in new business, and value to the
company. We feel that they have already overcome the reported third quarter
loss. Just the contract and potential production with Evenflo spells a
bright future for Northport & their share holders.
Since PESO is a stock with a small float just a little buying will cause it
to move up very fast. We feel that strong buying can cause PESO to move over
the $3.00 trading range within the next few days.
Our statis is a BUY&HOLD PESO for the long term.
Our short term goal is $3.50 (within the next week)
Our long term goal is $7.50 (the end of the first quarter of 1999)
Please call the company for investor info.
Audited financials upon request of the company.
Contact:
Northport Industries Inc.
Bob Micheline or Len Baker, 830/775-1705 or 830/775-0734
The statements made in this post that are not historical facts
contain ''forward-looking
statements'' within the meaning of the Private Securities
Litigation Reform Act of 1995,
which can be identified by the use of forward-looking terminology
such as ''may,'' ''will,''
''intends,'' ''expects,'' ''aggressively impacts,'' ''works,''
other variations thereof or comparable
terminology. Important factors, including certain risks and
uncertainties, with respect to
such forward looking statements that could cause actual results to
differ materially from
those reflected in such forward looking statements include, but are
not limited to, the
impact of competitive products and services, the ability of readers
to comprehend in a
timely manner, the Company's ability to collectively maintain a
straight face, the effect of
economic and business conditions, including the risks inherent in
presenting imaginary
operations and products as factual, and the ability of our
technical personnel to attract and
retain lint.
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