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To: Rocket Red who wrote (119291)	9/12/2003 10:37:49 AM
From: Taki	Respond to of 150070

EPYR=If NEOM runs like that, imagine what will happen to EPYR with the same volume?$$$$$ no cents.SEPtember shareholders meeting.A little volume today. The company's aggressive and unwavering business focus is to pursue all available avenues in order to obtain the funding required to commence the manufacture and sales of continuous basalt fiber and related products. The company's wholly owned subsidiary, Basalt Fiber Company terminated the lease for the factory building in South Hill, Virginia to reduce monthly expenditures. The action taken however does not affect in any way the Industrial Revenue Bonds, various grants and tax abatements granted to the company by the State of Virginia, provided the company sets up it's manufacturing facilities in the county of Mecklenburg, before the end of 2004. Management continues to be fully primed to either reinstate this lease or secure another suitable lease property in Mecklenburg county and install manufacturing facilities as soon as the financing being sourced, is obtained. Production of basalt fiber is expected to commence within a year of financing being obtained and conservative gross sales revenues are projected to be in excess of $2.50 million in the second year and should exceed $8.50 million by the fifth year. During this quarter, several promising sources of financing have been in contact with management and meetings held. In brief, Basalt fiber is the newest fiber application technology available to the Western Hemisphere. Basalt Fiber can effectively replace fiberglass in all its applications. It is also stronger, ecologically safer and more cost effective than fiberglass. As the properties of Basalt Fiber are far superior than fiber glass, it will command premium prices for all its products. The many exciting uses of basalt fiber include its application in industry, the military, local law enforcement and fire safety. Furthermore, Basalt Fiber's superior strength and advanced thermal properties will aid in the construction of much stronger and more fire resistant structures. It can also be used to enhance fire resistant apparel for firefighters and stronger bulletproof vests for law enforcement personnel. The prolonged, depressed and uncertain economic conditions have, no doubt, placed a severe constraint on the company's efforts to raise capital. In June, 2003,a revamping of the company's strategy was undertaken and announced in a Press Release. Management has rationalized its Basalt Fiber business with a revised Business Plan that will require only $650,000 to become revenue producing. It is also the intention to diversify into the Real Estate, Financial services and Oil and gas sectors and management is actively pursuing these objectives. A promising Real Estate development project is being reviewed and to reflect the company's diversification strategy a name change will be undertaken at a shareholders meeting tentatively scheduled for the end of September this year. Shareholders will also be requested to approve the increase of the company's capital structure. Principal Product Until the company's recently formulated diversification policy makes significant progress, Management will continue to give priority to obtaining the financing that it's wholly owned subsidiary, Basalt Fiber Company, requires to manufacture continuous Fiber products for resale in the world market. From start up, the company is expected to grow at a 20% to 25% rate and the list of the main objectives to be strictly pursued by top management are: to provide Basalt Fiber Company the market presence, which is necessary to support production, marketing and sale goals and to attract customers from the niche markets for the Basalt Fiber products Generate a fair return for shareholders and finance continued growth and development of quality products with earned profits To have sales of more than 8.50 million by the fifth year . To achieve a gross margin of 73 % and to have checks and balances in place to maintain this level To continue research and development into the next generation of fiber products and Achieve a steady and reliable production stream

To: Rocket Red who wrote (119291)	9/12/2003 10:39:21 AM
From: Taki	Read Replies (1) \| Respond to of 150070

EPYR=.05.If NEOM runs like that, imagine what will happen to EPYR with the same volume?$$$$$ no cents.SEPtember shareholders meeting.A little volume today. The company's aggressive and unwavering business focus is to pursue all available avenues in order to obtain the funding required to commence the manufacture and sales of continuous basalt fiber and related products. The company's wholly owned subsidiary, Basalt Fiber Company terminated the lease for the factory building in South Hill, Virginia to reduce monthly expenditures. The action taken however does not affect in any way the Industrial Revenue Bonds, various grants and tax abatements granted to the company by the State of Virginia, provided the company sets up it's manufacturing facilities in the county of Mecklenburg, before the end of 2004. Management continues to be fully primed to either reinstate this lease or secure another suitable lease property in Mecklenburg county and install manufacturing facilities as soon as the financing being sourced, is obtained. Production of basalt fiber is expected to commence within a year of financing being obtained and conservative gross sales revenues are projected to be in excess of $2.50 million in the second year and should exceed $8.50 million by the fifth year. During this quarter, several promising sources of financing have been in contact with management and meetings held. In brief, Basalt fiber is the newest fiber application technology available to the Western Hemisphere. Basalt Fiber can effectively replace fiberglass in all its applications. It is also stronger, ecologically safer and more cost effective than fiberglass. As the properties of Basalt Fiber are far superior than fiber glass, it will command premium prices for all its products. The many exciting uses of basalt fiber include its application in industry, the military, local law enforcement and fire safety. Furthermore, Basalt Fiber's superior strength and advanced thermal properties will aid in the construction of much stronger and more fire resistant structures. It can also be used to enhance fire resistant apparel for firefighters and stronger bulletproof vests for law enforcement personnel. The prolonged, depressed and uncertain economic conditions have, no doubt, placed a severe constraint on the company's efforts to raise capital. In June, 2003,a revamping of the company's strategy was undertaken and announced in a Press Release. Management has rationalized its Basalt Fiber business with a revised Business Plan that will require only $650,000 to become revenue producing. It is also the intention to diversify into the Real Estate, Financial services and Oil and gas sectors and management is actively pursuing these objectives. A promising Real Estate development project is being reviewed and to reflect the company's diversification strategy a name change will be undertaken at a shareholders meeting tentatively scheduled for the end of September this year. Shareholders will also be requested to approve the increase of the company's capital structure. Principal Product Until the company's recently formulated diversification policy makes significant progress, Management will continue to give priority to obtaining the financing that it's wholly owned subsidiary, Basalt Fiber Company, requires to manufacture continuous Fiber products for resale in the world market. From start up, the company is expected to grow at a 20% to 25% rate and the list of the main objectives to be strictly pursued by top management are: to provide Basalt Fiber Company the market presence, which is necessary to support production, marketing and sale goals and to attract customers from the niche markets for the Basalt Fiber products Generate a fair return for shareholders and finance continued growth and development of quality products with earned profits To have sales of more than 8.50 million by the fifth year . To achieve a gross margin of 73 % and to have checks and balances in place to maintain this level To continue research and development into the next generation of fiber products and Achieve a steady and reliable production stream