Dan Meckenstock,
When you post, I get a little more confused. You were so upbeat the other day when you posted this:
To: Brian K. Caudill (1393 )
From: Dan Meckenstock Tuesday, Mar 2 1999 10:45AM ET
Reply # of 2414
I called the company and talked with the sales manager. They've been working on this technology for more than three years.
There are about 4 million shares in the float, 10 million shrs authorized. The company will be reporting with the SEC by the end of the month. Actually, he said within the next ten days.
The contracts are real and the margins are high. They have two suppliers and should be able to keep up with sales. Only problem, training technicians for sales and/or to operate the equipment.
As I add the contracts up for the Model 111R, it looks like this.
01/14 Ford $19.6 million
02/03 GM $3.8 to $7.8 million
02/10 F&M MAFCO $2.7 million
03/02 Nascar ??? million
I have no numbers for the A07
These guys could easily be doing $20 to $40 million in revenues by years end. Which BTW makes the Sales/Price ratio between .25 to .5 at todays price.
The 111R tests for:
1) leaks as small as hair line and 1/2 lbs pressure
2) electrical problems via signature sound, eg. cracking in arcing
3) inner workings, eg, bearing, valves, etc. EOM
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Most of us agree that MRPS is on a roll, you used to. . .what happened? Just curious, no harm meant here, honest.
Best regards,
re:MAX |
