SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : APA optics...APAT...very interesting..any thoughts....... -- Ignore unavailable to you. Want to Upgrade?


To: Ray Dopkins who wrote (235)11/30/1997 3:11:00 AM
From: Duane L. Olson  Respond to of 342
 
Ray, Is this Aberdeen the old "Aberdeen Proving Grounds" The military bases I'm aware of in the Dakotas are the SAC missle and B52 bases. Will be intrested in what you find. dlo



To: Ray Dopkins who wrote (235)11/30/1997 10:59:00 AM
From: golfinggramps  Read Replies (1) | Respond to of 342
 
Good Morning Ray, Duane: Ray, you were wondering why Aberdeen for a new facility and not expanding in Minneapolis? The July 1, 1996 10-KSB mentions the agreement between Aberdeen and APAT.

The total project consists of approximately $7.6 million of which APAT must put up $2.0 million. The balance of $5.6 is financed through the State of South Dakota and Aberdeen. That is the simple gist of why Aberdeen and the State of South Dakota was chosen for the new facility.

The State of South Dakota is a very active and progressive state, very pro-business. The state works with the community developers, such as Aberdeen. Aberdeen has set up a, I believe, 100 acre site for business development.

I do not believe that APAT would have been able to fund the facility, buy the equipment necessary for production, hire and move people without the committment from Aberdeen and South Dakota. In other words, the Aberdeen facility was based on financial concerns, not contracts directly related to any military research in the Dakota's.

Hope this helps.

Jim