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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?


To: Veritas who wrote (2340)8/18/1999 1:08:00 PM
From: Neil Irwin  Read Replies (1) | Respond to of 2444
 
Distribution and marketing is key to any company. You can
make as much ketchup as you want, but someone has to buy it
for their french fries! The Scandinavian deal sure produced
a good turn around time (announced May 4th with the "Record
Breaking Orders" announcement on June 24). I don't expect
that Australia would have the same mentality as northern
Europe, vis-a-vis environmentally safe chemicals, so I
don't foresee quick results such as that.

We should be seeing some other news shortly. The agreement
with Bio-Wash was announced June 18, and it was stated
that "Napier will also pay $3.0 million to the shareholders
of Bio-Wash which funds must be raised by Napier within a
90 day period." The clock is ticking, and 61 days have now
passed since that announcement. We should be hearing
something soon...

Neil.