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Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider -- Ignore unavailable to you. Want to Upgrade?

To: pete who wrote (2406)	11/22/1997 2:55:00 AM
From: Jaffo	Read Replies (1) \| Respond to of 4676

Pete: Last Sept, you posted the following: Iam a current shareholder in nrid.It has been 3 years.This is the most news they have had back to back ever.I purchased another 5,000 shares today at 1.00 .I am very confident this company will make it big time.the same people that gave me nrid gave me symbol technologies,when it was 1 a share in the mid 80"s.Symbol ran up to 100 and split.i sold out at 10 a share.Very painful to watch after i sold,i could have made so much more.I am not going to make the same mistake again.They promise me this stock has a great future ahead of it.They say it takes time.These people are very,very big investors. GOOD LUCK TO ALL SHAREHOLDERS!!! PS PATIENCE IS A VIRTUE *************************************** What happen to the guy that recommended NRID to you? Is he the "source" who recently sold 100,000 shares? I suspect that you may be duly pursuaded by Goons who see black in everything connected with NRID. These Goons are highly biased. Even then, one of the Goons have favorable comments regarding NRID's recent new product SAF/IIS. I recommend that you do your own due diligence weighing the positives and negatives. Frankly, I have not heard from any reliable source "offering in December";"plans to do a reverse split"; or "CEO will resign in the next few weeks". For sure, NRID is risky and have problems which need to be address...with risk come possible huge profits. Again, do your own research and make your own decision based on the best info you can find. Best of luck to you. Jaffo...staying long on NRID

To: pete who wrote (2406)	11/22/1997 11:37:00 AM
From: Gutterball	Respond to of 4676

It is my guestimate, and that's all it is, that NRi (and I do mean "i") will have to do another perferred stock offering soon--probably by year end. The amount of the offering will give an indication of the faith investors have in NRi; e.g., $1-2 million vs $5-6 million. If I were NRi, I would be looking for the higher end (i.e., $6 million) for the reason it could carry the company maybe one year and this would give NRi time to show some growth in revenue. Of course this assumes NRi is not being expensed from the inside which performance this past year (97) suggests. If NRi did the offering at the low end, they'd be back at the table in 3-6 mos and there would be a good chance the revenue side of the business would not have developed sufficiently and they'd have to make more concessions in the offering; e.g., like pay higher interest, allow conversion at a lower percentage--those kind of things. None of which play well for you. Additional financing is usually followed by lower price in stock if the company can not show an increase in revenue. Financing that is used to keep the doors open and "pay the lights" so to speak, disappears after you turn the lights off and contributes marginally to revenues. Financing used to expand the company, now that's a different cookie cuz it can lead to increased production and efficiency. Unfortunately, the financing NRi is looking for is to keep the doors open and this does not bode well for the company nor you as a stock holder. The other concerns you expressed may come but they are probably further down the road. Mom and Pop hold very little ownership in NRi and they serve at the pleasure of the Board. Until that link they have with the board is broken, they'll probably keep on keeping on. One of the keys for turning this company around is making sure you have the best people for the job. I don't see Big John delegating a lot of responsibility so I must assume he has selected a lot of inept people to serve under him. You know, the kind that will not show him up. The fact his wife has such a prominent roll confirms this and suggests she is the only one he can trust. Not my idea of a team that is going places. Considering their key technology comes from others; i.e., the patent from Cogent and the license with Keytronics, I'd say the only thing they really need to run the company is a telephone. And a public telephone booth on a street corner for headquarters could go a long way in cutting costs and bringing this company into the black. This one's for Jaffo. You've talked so many people into NRID that you cannot afford to be negative. I won't let you! BTW, How's serving those seminar luncheons at the Holiday Inn going? I'm out of here!