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Gold/Mining/Energy : Raytec Capital (RCC.V) -- Ignore unavailable to you. Want to Upgrade?


To: 1st.mate who wrote (390)6/20/1999 6:08:00 PM
From: Wiselight  Respond to of 457
 
Here is the full text of what you posted:

RAYTEC CAPITAL CORP. RCC.V / RCPTF.BB
raytec-capital.com

The company recently launched its patented ShrinkGUARD project at a major food trade show in Chicago. Involvement at the Chicago show resulted in 160 leads representing 12,000 grocery stores each of which have $2 million or more in annual sales. These 12,000 grocery stores represent approximately 1/3 of grocery stores in North America with sales in excess of $2 million in sales.
The company's sales force is working with major grocery chains to custom make the product to meet their specific needs. As specific designs are met, management expects major chains will first test the product in 10 to 20 stores per chain before ramping up purchase for all the stores in their chain. Management believes the company will reach their sales target of $2 million this year and then they expect to ramp up for exponential growth thereafter.

It is my understanding that the company may soon announce an agreement with an investment bank that will seek and provide funding for acquisitions. At this juncture, I am feeling quite optimistic about this company's future as I believe Raytec is one of the more attractive moon shots on our list.

Jay Taylor

TAYLOR HARD MONEY ADVISORS, INC. NEW YORK June 11, 1999