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Gold/Mining/Energy : Alantra Venture Corp AVB-V -- Ignore unavailable to you. Want to Upgrade?


To: Speirs, Robert who wrote (4)10/19/1999 10:58:00 PM
From: cyrusman  Read Replies (2) | Respond to of 59
 
Looks like someone has been sleeping at the helm here.

Received an info package from an IR firm on this company. From my initial quick review, it looks pretty good.

Satelite telecommunication technology - the VIP SatNet unit is a land based uplink for third world countries and remote communities providing phone, data, fax, video conferencing and internet access. Definitely a market there, state and prov. governments, exploration companies, logging and forestry etc.

From what I was told on the phone, in its first 2 months of going public - the company has sold three units with several major players in negotiations. Cost of the units are $50,000 with monthly fees of $1,100 and residuals generated from ongoing usage.

Could be a nice win if sales start to take off. Presently trading at 0.65 with only 1.4 million in the float and 3.9 outstanding.

Anyone who knows about AVB please post. I'm going to continue with my DD.

Thanks,

Cyrusman