To: TallTrader who wrote (94582 ) 10/24/2001 2:36:01 PM From: bbgold Respond to of 150070 Careful TallTrader! FTM has pretty much layed everyone off and stopped operations. At least that I how I am reading the news. Good Luck TallTrader! :^) Fantom not manufacturing or shipping products Fantom Technologies Inc FTM Shares issued 9,150,408 Oct 16 2001 close $.100 Oct 17 2001 6:48:00 Mr. Allan Millman reports Fantom Technologies confirms that, in significantly reducing its work force and operations, it is not manufacturing or shipping its products. The company continues to pursue restructuring options with its principal lender. (c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com Fantom cuts work force; board members resign Fantom Technologies Inc FTM Shares issued 9,150,408 Oct 12 2001 close $.100 Oct 12 2001 2:01:00 Mr. Allan Millman reports Fantom Technologies has made significant reductions in its work force and operations while it continues to pursue restructuring options in consultation with its principal lender. In addition, two directors of the company, Arthur Crockett and Kenneth Kelman, have resigned. (c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com Fantom's Meekison resigns due to conflict Fantom Technologies Inc FTM Shares issued 9,150,408 Oct 9 2001 close $.290 Oct 10 2001 8:44:00 Mr. Allan Millman reports James Meekison has resigned as a director of the company. Mr. Meekison is the chairman and a director of Trimin Capital Corp., one of the company's lenders. The company determined not to make the interest payment due on its loan with Trimin on Oct. 1, 2001, and, due to the resulting conflict of interest, Mr. Meekison advised that he could not continue as a director of the company. (c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com