here is the email I and many others received. was to be a major "push".
SURF
American Surface Tech Intl
1.75 x 1.937 262K shares traded
Scheduled for Release Today Wed, at 10:00 AM. Confirmation for release has been received by 12 of the 61 group receiving this email. Anticipation is high for additional groups to follow suit after viewing the ease with which SURF moves. We are now poised for takeoff at 1.75 x 1.937 with an early morning gap by the MM's expected. Several SI gurus have picked up this group play as well.
A press release is expected for tomorrow. This should bring the proper exposure this company needs. Realistic expectations are we can hit 2 1/2 range tomorrow with ease. The following is a copy of the profile which can be tailored to your individual needs.
OTC BB: SURF
AMERICAN SURFACE TECHNOLOGIES INTL
Current: 1.75 x 1.94
52 week 1.03 - 4.33
Public Float = 2.5M
Outstanding Shares = 12.0 M
americansurface.com
safetyplay.com
corporatesolutionsinc.com
SUMMARY
A critically important issue affecting families in the US is children's safety; one oversight being the playground. Improper padding and surfacing are responsible for over 200,000 injuries annually, most of which could have easily been prevented. These hazardous conditions represent a threat every time a child ventures into the exciting world of the park, school playground, or even your backyard. The rubber industry is taking steps to combat this danger, and finally, our government has caught on.
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American Surface Technologies International, Inc, (OTC BB: SURF), is the first company of it's kind to meet these ever-changing needs. As a result of legislative mandates, the rubber industry has undergone complete revolutionary reform. In the process, SURF has positioned itself to take advantage of this multibillion-dollar industry, with a remarkable new product, one which meets and exceeds these demands. The product, SAFETYplay, is our answer to this problem, and presents a product of tremendous growth in this small niche market.
SAFETYplay is a new playground surface which is pre-mixed and ready to pour. It is the world's ONLY pre-mixed, pre-packaged, rubber crumb based safety, ready to pour rubber-surfacing product available on the market, and is the only product available which fulfills this demand. All other pour-in-place, rubber crumb based products have to be mixed on site or are poured unmixed as loose rubber crumb. With SURF's SAFETYplay, there is no need for trained personnel. There is no on-location mixing of chemicals. This benefits the consumer as it drastically reduces costs (labor and equipment), saves times, and offers a user-friendly alternative for the average individual. The major component in the production of SAFETYplay is rubber crumb obtained from recycled tires. This low cost item is widely available and provides an excellent solution to a serious worldwide environmental problem, as well as delivering long term safety surfaces wherever required.
THE MARKET
Recent surveys conducted by US Public Interest Research Groups and the Consumer Federation of America found that 92% of playgrounds have inadequate surfacing. The amount of injuries sustained due to inadequacy is alarming, as over 80% of these cases could have been prevented. As a result, compounded by pending legislation to safen these environments, approximately 1,000,000 playgrounds need to be resurfaced. At an average of 1,000-sq. ft. per playground, and the usual rate of $10.00 USD per installed sq. ft., the total installed playground market represents a potential $10 Billion industry. As well as addressing this issue, SafetyPlay has founded a new product, which combines the durability of synthetic turf with natural grass. This product, Turf Hybrid, allows for the growth of grass through a semi-permeable (porous) membrane, which facilitates the use in all outdoor fields accordingly.
With SAFETYplay and Turf Hybrid, American Surface Technologies International, Inc. is showing potential to takeover an otherwise opportunistic industry, which is currently on the verge of exponential growth. In the US alone, the market for this product is enormous; however, a global presence for the distribution of SAFETYplay is planned. A market penetration of 15% over 3 years should be the minimum attainable target. With US, Canada, and many Europeans countries all voicing similar outcries to ensure a safe environment for our children to play, compliance requirements are being set to augment the standards with regards to their surfacing or resurfacing conditions. Within the US, Texas, Florida, California, Arizona, and South Carolina account for 42% of the total population, in addition to being leaders in promoting upcoming regulatory requirements as well as initiating legislation for a positive rebate program for regulated materials. This is setting the precedent for other states to follow suit.
LEGISLATION DEMANDS SAFETY
Market demand for SAFETYplay is being driven by the latest federal legislation dealing with Safety and Head Impact Criteria as specified for playgrounds in compliance with Consumer Product Safety Commission (CPSC) guidelines and the requirements of the Americans with Disabilities Act (ADA). Safety guidelines established by the CPSC and (American Society of Tested Materials) ASTM are soon to be regulated, with the year 2000 expected to be the turning point for every state to begin satisfying this need to correct playgrounds with inadequate protective surfaces. SAFETYplay meets or exceeds these requirements.
FINANCIAL REPORTS
As this company, founded just last year, is still in infancy, sales and revenue continue to grow at an astonishing pace. With the advent of new legislation, as well as overall increasing demands, sales, which encompass $1.5 Million in 1999, are projected to exceed $53 Million by 2002.
Source: americansurface.com
RECENT PRESS RELEASES
SURF Approved by Standard and Poor for Blue Sky Requirements in 37 States
11/17/99
biz.yahoo.com
SURF Signs Several Distribution Agreements and Continues Increased Pace of Playground Surface Installations
10/14/99
biz.yahoo.com
PROJECTIONS
There is no way to pinpoint an accurate shareholder value. As such, this opportunity is tremendous for both the shareholder and the parent. With population increasing exponentially, the demand for safe recreational locations should increase just as rapidly, and SAFETYplay will become a household name as the standard within the industry. We feel this is an excellent ground floor opportunity, as current price does not reflect the true value, or potential value, for SURF. We rate this as ACCUMULATE, for LONG term hold. |
