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Gold/Mining/Energy : Unitec Int. Controls Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Richard Saunders who wrote (828)	8/28/1999 10:28:00 AM
From: Link Lady	Respond to of 856

Hate being negative about a stock I own, but when reading this post I thought of UIC. Sad. Hoping things change with SOCO deal. Message 11093080 "My bottom line.....any company, that cannot file financials on time, is run by.....xxxxx..... fill in the blanks yourself."

To: Richard Saunders who wrote (828)	8/28/1999 10:36:00 AM
From: Link Lady	Respond to of 856

stockhouse.com 8/23/99 - Receives $390,000 Convertible Debenture Financing from SOCO UNITEC INTERNATIONAL CONTROLS CORP ("UIC-V") - Receives $390,000 Convertible Debenture Financing from SOCO John B. Smyth, President and Director of United International Controls Corp. reports further to its news release of July 16, 1999, Unitec announced that the Company has received a further $390,000 by way of convertible debenture financing from the Saskatchewan Opportunities Corporation (SOCO). As previously announced, the debenture has a term of 3 years and is convertible at a rate of $1.00 per share. On closing, SOCO was also issued 195,000 share purchase warrants exercisable for two years at $1.00 per share. The remainder of the $1,000,000 total convertible debenture financing, and 500,000 share purchase warrants is expected to be completed later this Fall. Proceeds from this financing are allocated to assist in the establishment of the Company's new Regina operations. With this financing, the Company's working capital position has increased to approximately $1.6 million. Unitec is an emerging growth company specializing in advanced technology telemetry, SCADA (Supervisory Control and Data Acquisition) systems and environmental monitoring equipment for the water, electricity, oil & gas and transportation sectors. It distributes its products and services through an expanding network of independent agencies in North and South America, the Caribbean, Middle East and Southeast Asia. TEL: (604) 420-8025 United Intl. Controls Corporation FAX: (604) 420-9727 John B. Smyth, President and Director TEL: (306) 565-1470 FAX: (306) 565-1475 EMAIL: adminuic@unitec.ca INET : unitec.ca