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

To: SSP who wrote (67665)	10/19/2000 2:36:24 PM
From: Vision21	Read Replies (1) \| Respond to of 150070

ARCX I have been doing some "DD" on the company that they are trying to acquire....Here is some of what Affiliated Resources Corporation will receive when to proposed acquisition is complete: Modular Processing Technologies, Inc. (MPT) is an international energy equipment design, engineering and fabrication business which primarily is engaged in the design and manufacture of modular oil refineries for remote locations. The company has been operating in a strategic alliance with Val Verde Corporation (“VVC”) and has an option to acquire VVC and its fabrication facilities. Under the strategic alliance MPT has completed one refinery project; has contracts and funding in place for four more; and, has negotiated agreements for seven more refinery projects with funding available for all of the projects through a major investment banking firm, with guarantees from the World Bank/MIGA and Export-Import Bank, Trade Finance Division. Revenues over the next five years is projected to generate a combined gross revenue of $560.0 million over the next five years. Management has refinery startup and operating experience as well as design, engineering, fabrication and installation experience. MPT operations and offices are in Houston, Texas USA with more than twenty projects contracted or bid in Africa, China, Latin America, the Middle East, Russia and the former Russian Republics. The company also has offices in London, serving the former Russian Republics and the Middle East, and a project office in Moscow. MPT currently has four projects under contract totaling $145.0 million with funding available, two with World Banking guarantees and two with Eximbank Trade Finance loan guarantees; these projects are all in Russia. Four more project proposals totaling 459.5 million have been accepted with funding at various stages of commitment, including locations in China, Colombia, Kazakhstan and Mongolia. The classification of the oil refineries as infrastructure projects permits the World Bank, through its MIGA insurance to insure the projects against political risks and breech of contract including financial risk. This is the most attractive market for MPT, regardless of the size of the units with Russia expected to receive a significant amount of infrastructure investment funds over an extended period. With MIGRA insurance, Fieldstone Capital of New York was able to commit a $300.0 million funding debt and equity for four or more 1.0 million metric ton refineries. The MIGA application by Fieldstone was for $75.0 million USD, which is for an expanded project to include gasoline, jet fuel and asphalt operations in the Tyumen Region, Russia. This project consists of two 12,000 per day modular plants, plus the asphalt plant. RNGS plans to build up to ten of these 1.0 million metric ton plants over the next five to seven years. All of these plants should be classified as infrastructure investments with insured funding from the World Bank available, which will permit Fieldstone to fund all of the plants with $600.0 million or more in project financing. I have not had a lot of time to go over all the corporate profile of MPT...I will post more info that I read that might help in the "DD" of this company... All information in this post has been taken in context from the Modular Processing Technologies, Inc. company profile, sent to me be the company. Regards, David