Great NTAH Investor Relations info on ragingbull.com
kramc
By: RelationsNevtah
Reply To: None Sunday, 27 Jun 1999 at 7:13 AM EDT
Post # of 795
Number of Nevtah shares.
I have seen the speculations regarding the number of outstanding shares in Nevtah. On a general basis, I assume that you all want to use your time efficiently, and I therefore do not understand why you do not pick up the phone, or send a mail to ask the question instead, before spending a lot of time speculating. No one has called yet, but I have received one e-mail so far.
You may suffer from a Pavlovian syndrom, not getting answers or having difficulty getting in contact. Use the service first. If we cannot answer you, or are not prepared to answer you for various reasons, then spend your time making assumptions.
Number of shares
You are all way off the mark. The pre-split number of shares is 72,972,540, and subsequently the post-split number is 14,594,508.
The projections on which the EPS posted/indicated by Europeinvestor are based on the following number of shares:
End 1999 19,820,000 (pre-split 99,100,000)
End 2000 20,320,000 (pre-split 101,600,000)
The EPS talked about (example 38 cents) is pre-split.
Please bear in mind that these projections are very preliminary, but an indication of what the company currently thinks may be achievable. We are contstantly having market information coming in, and we will be able to make substantially more accurate projections in the next 2 - 3 months, and numbers may change substantially.
I have further seen speculations and various calculations related to the information/profits/EPS posted by Europeinvestor, and how it is calculated related to the revenue figures, again posted by Europeinvestor.
In that respect, you all seem to have missed one crucial, and very important point. Nevtah has also obtained the rights for these technologies in Europe. In the EU only the population (rough 1994 figures) was around 383 million, more than in the US and North America.
It would be reasonable to expect that Nevtah would attempt to take advantage of that potential. In addition to the 50% of Pamco's operations, the projections for Nevtah therefore include the sale in Europe of stripper oil pumps, stripper gas well pumps, cybersensor services, and also pumps for environmental use.
We believe that there is a big potential for using the same pumping technology in environmental applications, as it can lift any type of liquid, also hazardous and corrosive. The entire down-hole system is, or can be made, non corrosive. At this stage it will be a little long winded to explain why and how it can be implemented, but interested parties can give me a call to get the explanation. We will seek to address this question later. Indications are that there is also a big potential for this in the US, and the agreement is that Nevtah, having some experience and contacts in the environmental business in Europe, will develop this aspect further, and all further developments will be made available to Pamco without further cost.
In general, the information posted by Europeinvestor is an accurate representation of what was presented in London and Zurich.
However, the information on bond issues for $27 million could be misinterpreted. This is the amount estimated to be required to buy wholly owned stripper oil leases, distributed with $7 million this year, and $20 million in year 2000.
This does not represent the equity required to kick everything off. We have estimated a capital requirement for Nevtah/Pamco (Pamco gets funded through Nevtah as some of you have anticipated), of $4 million up to the end of this year.
The above projected share figures are also based on an issue in year 2000 of $2.5 million. According to the latest calculations, the lattert amount may not be necessary, but that is uncertain at this stage. You can then work the rest of our assumptions out yourself.
General Information Issues, and part response to TexasBulldogger, message 759.
First, I believe I am a good indian, keeping my ear very close to the ground, and I have problems understanding how a PR-firm could have their ears closer to the ground than somebody working with the business on a daily basis.
Secondly, if you think that we would ever allow a PR-firm, or any outsider for that sake, to have that sort of insight, you will be disappointed. That is an insight which could be detrimental to vital confidential information.
Thirdly, along the same lines, we do not have any intention of disclosing news every hour or every day, once there is a small issue, and we will not tell you every time we are talking to a customer, and we do not intend to put the entire customer list on the web-site to allow the competition to know every step we take. If you think about it, I think you will find that is in the best interest of the shareholders (not necessarily the day-traders and short sellers).
What we will attempt to do, and work towards, is to provide information in a professional, business like manner, and disclose issues which are of a material nature, working towards acting like a professional, fully reporting company.
The focus of the Nevtah/Pamco now is to use the momentum and technological edge we now have, and establish the business in the US and Europe.
Non topic.
Actually commuted from Oslo when I was in the North Sea, but lived in Stavanger for 5 - 6 years after that, and have now moved back. Located just outside Oslo (25 minutes from dead centre of Oslo). Nothing in US terms.
I hope this contributes to reducing the speculation, leaving you more time to concentrate on the real issues.
Will try to stay in touch as best as I can while travelling.
Best regards
Lars Henrik Saethre
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