Kevin/Bill,
Here is more research done by someone and posted on Raging Bull board. This should further explain it even though it was clearly outlined in THV's release yesterday. If it doesn't clear it up for you may I suggest you contact Larry Smith at THV directly. The bottom line is that the press release on the 12th was incorrect and should be retracted. It is this shoddy due diligence that has a short position in the dark.
Here is why we are bullish. What we said would transpire, has and then some (albeit later than we thought).
SPD Inc. is shipping film and products this year.
refr-spd.com
They've expanded facilities
refr-spd.com
and they have orders
Message 16075804
and Saxe has announced quarter profitability is likely in 2002 with full-year profitability a possibility in 2003 or even 2002. He has seen licensee's sales forecasts and indicated that these were what he based his predictions on. Since that announcement InspecTech has received two orders
inspectech.net
inspectech.net
(and indicated they expected a "domino" effect in the industry). Expect more news on several fronts indicating other SPD products to be available.
ND
From Raging Bull:
By: troshus $$$
Reply To: 1752 by kjp Monday, 16 Jul 2001 at 9:27 PM EDT
Post # of 1755
Nice try, pal.
From the 12/31/0 10K filed by First Capital Resources:
<<First Capital Resources.com, Inc. (the "Company" or the "Registrant")
is a Nevada corporation, having first been incorporated under the name Jackal
Industries, Inc., pursuant to the laws of Utah on April 16, 1986, and
subsequently reorganized under the laws of Nevada on December 30, 1993.
On April 1, 1999, FACT South, LLC, a limited liability company ("Fact
South") sold a 100% interest in its three subsidiaries, Carnet, Inc. ("Carnet"),
Southeast Dealer Acceptance, Inc. ("SEDA"), and Affordable Dealer Services, Inc.
("Affordable"), to Jackal Industries in exchange for 10,000,000 shares of the
Company, resulting in FACT South, LLC, owning approximately 91% of the
outstanding shares of the Company. The Company's name was changed to First
Capital Resources.com, Inc., on April 13, 1999.>>
Jackal Industries became First Capital in April 1999. Jackal Industries, then First Capital. No Thermoview.
Got it?
All of A**man's argument is based on a clerical error in the filings that he did apparently did not bother to verify.
Here's more:
From THV S-1/A, 11/12/99:
<ThermoView Industries, Inc. ("ThermoView") was incorporated in Nevada on
December 1, 1987, under the name of Jackal, Inc. On May 10, 1994, the name was
changed from Jackal to Oak Hill, Inc., and on February 24, 1998, the name was
again changed from Oak Hill, Inc., to ThermoView Industries, Inc. ThermoView has
been eligible to be traded on the OTC Bulletin Board pursuant to
Rule 15c2-11(a)(5) under the Securities Exchange Act of 1934, as amended, and is
now a Delaware corporation. Trading in ThermoView common stock commenced on
April 16, 1998. Prior to April 15, 1998, ThermoView was a development stage
corporation, and had no business operations since its incorporation. From
inception through April 15, 1998, ThermoView had been seeking possible
acquisition or merger candidates. >
Jackal Industries came into being April 16 1986, and became First Capital April 13 1999.
Jackal INC (now THV) came into being Dec 1, 1987 (7 months AFTER Jackal INDUSTRIES) and then became, in May of 1994, Oak Hill, and finally, on Feb 24, 1998, became Thermoview--which it was for almost 14 months BEFORE Jackal INDUSTRIES became First Capital. THV had not been known as Jackal for FOUR YEARS at that point.
NOT EVEN CLOSE! |
