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To: SSP who wrote (67954)10/21/2000 1:59:33 AM
From: Jim Bishop  Respond to of 150070
 
ARCX some new stuff on their web site according to a person on RB who says he is "IR director".

ragingbull.altavista.com

I'm not sure what all is new there as I hadn't checked the whole site out, but I see there is more info on MPT Inc., and links to filings.

affiliatedresourcescorporation.com



To: SSP who wrote (67954)10/21/2000 10:37:47 AM
From: Vision21  Respond to of 150070
 
ARCX AFFILIATED RESOURCES CORPORATION proposed acquisition of Modular Processing Technologies, Inc.

Here is a little more company info on Modular Processing Technologies, Inc.

I didn't get a chance to call the company yesterday to ask how the acquisition is going...I will try to call them first thing Monday morning.

MPT (Modular Processing Technologies, Inc.) has contracted to provide an existing refurbished 6,000 barrel per day refinery to Podolsk, Russia for RNGS (Rosneftegazstroy JSC) with the MPT equipment being financed for three years for RNGS through Allfirst Bank with financial guarantee by Eximbank. In the process of arranging this sale, MPT was able to arrange for RNGS a $200.0 million line of credit for energy equipment with each funding to be under $15.0 million with Eximbank guarantees. These financial guarantees are available to MPT for any equipment sold to a credit worthy buyer such as RNGS. The Eximbank Trade Finance loan guarantee availability enhances significantly the market for smaller modular units, and particularly the remote field unit designs.

Energy Needs
With the spread of economic development throughout the world, and with the recent resurgence of world economic markets in China, The Far East, Latin America, Russia and the former Russian Republics, the demand for energy is growing correspondingly. This growth represents the MPT market for oil and gas modular and remote field units. With this turnaround, the focus on U.S. and world financial institutions to support and underwrite the turnaround of Russia and these other countries.
Applications which are particularly suited for the mini-refinery concept include:
· Remote oil fields and towns along crude transport pipelines, to supply gasoline, kerosine, diesel, fuel oil and asphalt to small towns in such areas as Siberia.
· Energy-based requirements such as electric turbine fuel supply needs in the interior of Saudi Arabia.
· Infrastucture improvements in such countries as Vietnam, where there is occasionally a tremendous need for a single product such as asphalt for permanent transportation routes.
· Enlightened developing countries where modern refineries are necessary for producing unleaded gasoline, such as in Malaysia where remote areas are hampered from efforts to convert to totally unleaded gasoline economy.
The market for gas processing is derived from economic development growth similar to modular oil refineries, except that gas processing can produce liquid gas for the local fuel market or very commonly it becomes fuel for electrical co-generation. MPT expects to follow its inroads in all of its oil processing markets with gas processing, particularly focused on fuel for electrical co-generation.
Financing and Guarantees
The classification of oil refineries as infrastructure projects permits the World Bank, through its MIGA insurance to insure these projects against political risk and breech of contract including financial risk. With MIGA insurance, future financing of these types of projects should be able to fund all of the plants designed and fabricated by MPT.

I am really impressed with MPT, and this acquisition could really be big for ARCX (my opinion only). And I am going to continue to do more "DD". I have bought 3,000 shares at this time, and will probably buy more.


David



To: SSP who wrote (67954)10/22/2000 8:04:28 AM
From: Jim Bishop  Read Replies (2) | Respond to of 150070
 
Hmmmm...

Message 14633632

Message 14634365

Message 14634471



To: SSP who wrote (67954)10/22/2000 10:10:25 PM
From: Witold  Respond to of 150070
 
FONX update about Motorola (from their conference call):

"Mr. Dudley: Ninety-second clip. That's a very good overview of where we're going, and the more of the kinds of things we hope to do in getting the word out into the market. I think one of the things right off the bat, I think we have a question on this later on about Motorola. Tremendous confusion on Motorola. I'd like to make sure everyone understands what happened with that Motorola announcement, why it's not come out yet formally over the newswires. Motorola has selected Fonix to be part of this voice portal development program, a product they have announced. Unfortunately, Motorola actually put out our name as the selected TTS provider, prior to even having a purchase order or a formal contract finalized. That's when we started to get a lot of calls. We felt that we needed to push something out to the market through within about 3 or 4 days, we were able to have Motorola sign a purchase order indicating the initial order for this particular project, then we felt comfortable going out on our webpage indicating that yes, that in fact is a relationship, and we will formalize a joint press release with Motorola once the final contract is put together. So that's a little jump in start back and forth of some of the things, but that one I know has raised quite a bit of concern, and we can talk more about that later. But we're pleased with where things are going, and we've got a good show coming up, at the SpeechTek show. We've got people basically from East to West coast working with our customers, and we hope over the few months remaining here of this year, we will have some good things to say to the market about some of these exciting relationships."

members.aol.com:/mrsdotcom/fonix/1020cc.htm