To: Michael Block who wrote (1431 ) 11/30/1997 6:22:00 PM From: tech Read Replies (1) | Respond to of 3391
Mr. Block, while we are waiting for Ted to post his comments, I have some questions I wish for you to address.Agiss - We have been waiting to see the first contract announcement for a while now. IRA has been saying that Agiss should be "a big player" in the market for contracts with the Canadian Gov. Almost every single executive at Agiss has had a relationship, or has worked for the Canadian Government in one aspect or another, but to this date we are still waiting to hear when the Conversion Center will be opened in Canada. We were told that this center would open in the first week of Oct. I don't have to tell you that we are now in Dec., with no word of when this "Conversion Center" will open. Questions 1. When will this "Conversion Center", that we were told by IRA would open in Oct., finally open up ? 2. How much code does Agiss expect to get from Canadian Gov. projects, or other projects that may come their way ? How much of this code is expected to be converted using the ConSyGen toolset ? 3. The excuses that the Canadian Gov. is not giving out contracts as expected, or they, like everyone else, are in a delay mode, or that they don't want press releases about potential contracts, have been used by IRA many times in the past to explain the lack of announcements on the part of Agiss. However, COGNICASE (Nasdaq:COGIF), just recently announced a contract with the Dept. of National Defense. biz.yahoo.com This latest announcement by COGIF shows that the Canadian Gov. is NOT delaying giving contracts to everyone, maybe it is just Agiss ? When will the excuses stop and the contracts, if any, come in ?ConSyGen - IRA use to be the PR firm for ConSyGen, and as such, I am sure you were given or bought private placement shares. In the latest S-1 filing you personally, and IRA as a company, registered shares to be tradable on the open market. Link to S-1 > sec.gov ------------------------------------------------------------- Beneficial Ownership =============== - Name and Address Number of Percentage of Number of Shares of Beneficial Owner** Shares Ownership Being Offered --------------------- ------ --------- ------------- Michael Block(12) 6,300 * 6,300 Innovative Research 106,300 * 106,300 Associates, Inc.(4) ---------------------------------------------------------- 1. Are you planning to sell these shares at current price levels, and more importantly, is IRA ? 2. I assume this was private placement stock subject to rule 144 time restrictions, was this stock given to you, given in exchange for services rendered, or bought ? 3. Other than owning stock in ConSyGen, does IRA currently have any kind of business relationship with CSGI either directly or through a third party ? Thank you in advance.