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Gold/Mining/Energy : Carbite Golf Inc. Vancouver-CAB

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To: Andrew who wrote (56)2/10/1997 3:12:00 PM
From: Codfish   of 209
 
Geez Andrew,

I never noticed the correlation between O'Meara's wins and the share value but you could be on to something there.

A spokesperson? No, not that I am aware of. Too bad though, he'd be a great endorser. I reckon that such an endorsement contract would be veerryy expensive to the company. Also, I would think that O'Meara would have to be careful so as not to endorse a product that may conflict with another company's product.

The company, however, does use his name in touting the players who have won using Carbite Technology. I'm quite sure that more prominent names will be signed with time. In the interim, the increase in share value and the fact that players like O'Meara use the technology of their own volition - not because they are being paid - is a sort of endorsement in itself.

Anyway Andrew, it looks like the Golf Show paid off. I don't know if you saw the press release so I'll post it here in the forum.

Over and out for now

Bill
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