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Gold/Mining/Energy : Raytec Capital (RCC.V)
RCC 24.820.0%Nov 7 3:18 PM EST

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To: 1st.mate who wrote (3)3/24/1999 1:37:00 PM
From: Wiselight  Read Replies (1) of 457
 
-- 1)what is the float of the company?

12,000,000 shares outstanding

-- 2)when did you do your last PP and are there any new paper to hit the market? When??

810,000 units @ 0.65 ( 1 sh & 1 Wa) to be qualified in about 4 months. We closed it on Feb 26/99.
No new paper except for employee options.

-- 3)The stock is rising! Why?

March 17 news release and also a report from Jay Taylor
which came out on March 10

-- 4)Does this company have any income! From what?? No present income only??

Yes, CDN$7,473,696 for fiscal 1998 which is up from 4,873,340
for fiscal 1997
The income is from core business of automated misting systems
most sales are in the United States and some in Japan and England.

-- 5)How many shares are held by insiders and how many shares are trading?

12% by president
About 55% in total by insiders, friends, relatives and close business associates

-- 6)Are there any friends of the company holding large blocks of shares? Who are they?
how long have they been aboard?

see #5, No, I wouldn't say they own large blocks
They've been aboard since the very beginning

-- 7) Who runs the company and has last say?

Jerry Minni/president & CEO
He is a CGA by trade

-- 8)Are you a shareholder and how much do you hold and at what prices?

Yes of course at prices ranging from .65 to .80 including the private placement.

9)do you work for the company? What is your position? How long have you been there?

Yes I do.
Corporate Relations
January 99 but I've been following the company for 2 years

****** We just completed annual report which will be posted on our web site before the end of the day I hope. The latest quarterly
will be ready and posted at the end of the month


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