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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: rogelaw who wrote (59977)	8/23/2000 2:09:39 PM
From: Due Diligence	Respond to of 150070

SOAP has news. Neat tickr.

To: rogelaw who wrote (59977)	8/31/2000 10:31:08 AM
From: allii	Read Replies (1) \| Respond to of 150070

Rogelaw, Out of touch for awhile so I missed your question. Apologize for the delay. 1. We need to see some results from the NIBCO agreement. 2. The lost contract noted was a blow. 3. Very disappointed in ROVC, but I'm going to consider everything else in the BB market and hold tight for next quarter. IMO FWIW From the 6/15/00 10QSB FreeEdgar: Item 1. Financial Statements. See attached Item 2. Management's discussion and Analysis or Plan of Operation. (a) Liquidity and Capital Resources During the quarter ended April 30, 2000, the Company completed its negotiations with NIBCO resulting in a sales agreement effective May 1, 2000. This will provide the Company with numerous additional thermoplastic markets for the CinchLockâ technology that the Company has developed. The Company continued with discussions and negotiations for financing and capital sources in order to meet its working capital requirements and tooling cost to implement proposed projects. Management and/or affiliate continues to fund the capital requirements of the Company, as they become necessary. (b) Results of Operations for the three months ended April 30, 2000 and 1999 The total operating expenses are $58,216 for the quarter ending April 30, 2000 as compared to $43,458 for the corresponding quarter in 1999. The increase is mainly attributable to increased legal and public relations costs. (c) Results of Operations for the nine months ended April 30, 2000 and 1999 The total operating expenses were $129,121 for the nine-month period ending April 30, 2000 as compared to $128,439 for the corresponding nine-month period in 1999. This is mainly attributable to the Company's effort to contain costs during the period. Revenues for the nine months ended April 30, 2000 were 35,941 as compared to 87,364 for the nine months ended April 30, 1999. The decrease was mainly attributable to contract revenue with a customer that was not renewed.