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Microcap & Penny Stocks : SETO Semicon Tools Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Trooper who wrote (85)	12/8/1997 10:21:00 AM
From: Russell Gish	Read Replies (2) \| Respond to of 3222

Mr.John Conforti, where have I seen this name before. Glad my order @0.42 didn't get filled. Sorry John, I don't know you from Adam, but I have seen you around on the threads and... Good Luck All, Russ

To: Trooper who wrote (85)	12/8/1997 10:26:00 AM
From: jan_mike	Read Replies (1) \| Respond to of 3222

My Monday morning conversation with Mr. Pian, a nice man. Synopsis - I think it's all legit. TraderGreg items - there is no other financial consideration than stock. Float remains the same (6m). The Malaysian company wanted to go public. Malaysia and Asia have credibility problems right now. Mr. Pian, who has been doing business over there since 1986 says that all those companies see the US as the best place to do business. Merging with a American company gives access to US markets and financing to grow. It gives them credibility to gain fair valuation. Mr Pian and his counterpart in the other company control 65% - almost 14 million pretty much restricted shares. Control of the joint enterprise will be via a director board. Mr Pian's son and daughter run his American business which frees him up for the Asian enterprises. He spends every other month over there. SETO has everything in place to get listing except price. He says that there was much more growth potential in the other company and sees the share price as easily attainable with their combined financials. Website soon to link to Edgar and include everything is at stidiamond.com Malaysian guys described as all mid/late thirties hands on management. Hard working, smart, dedicated. Doubled thir business last year. The acquisition is done. Mr Pian working on 10k, so merger stuff delayed just a big. Malaysian company auditor is PEAT/MARWICK. SEC auditors also checked them. Recycling business has been precious metal extraction (gold silver) from brazing and soldering. New growth is aluminum and copper, primarily from telephone cables. Big growth seen in plastic. He says most consumer goods like tv remotes for instance are not 100% virgin plastic. The Malaysian guys make plastic rope and such too. They have market makers and are seeking retail broker, financing, and PR firm. Expect 2-3 months. Mr. Pian stated that he no longer calls the brokers. With the latest news, they are calling him! My freakin' notes are all over, so if I see anything I missed I'll post. If Fidelity will get their head out of their butt this morning, I'm buying for real. EOM Love Mike