To: Gerald L. Kerr who wrote (2657 ) 2/21/1998 12:53:00 PM From: Jeffrey L. Henken Respond to of 4356
Ever get the feeling something good is about to happen Gerry? I have no idea what is up but the recent stock action here has been pretty nice in a quietly exciting way. As far as my research goes well I hate to admit it but I'm forgetting half of what I already know. Like that the Guestcare URL was already posted by Mike Laven. I think some others may be in the same boat so rather than be accused of hyping the stock I think I'll just paste part of the quarterly report and we'll let Bill Stoddard take the heat!biz.yahoo.com Two of the Company's wholly-owned subsidiaries -- Cyclopss Textile Systems, Inc. (''CTSI'') and Cyclopss Biochemical Corporation (''CBC'') -- are currently contributing to the Company's revenues. As of November 30, 1997, Cyclopss Food Processing Systems, Inc., the wholly-owned subsidiary responsible for the design of the Eco-Pure food safety system which uses ozone to kill micro-organisms on foods such as poultry, meat and produce, had not booked any revenues. However, the Company is currently working with a number of food processors on pilot programs in the meat and poultry markets and believes sales of the Eco-Pure system in these markets, as well as to growers and packers of produce, will represent a large percentage of revenues for the Company in the near- and long- term. Further, the Company anticipates a dramatic increase in the number of textile washing systems sold to hospitals and hotels within the coming months. During the three months and nine months ended November 30, 1997, certain expenses increased including cost of sales, sales and marketing expenses, and general and administrative expenses. As the demand for the Eco-Pure system grows as well as the Company's hotel, hospital and commercial laundry systems, the Company will experience added costs in these areas. However, expenses relating to research and development will fall pro rata as the Company brings these developed lines to market. Bill Stoddard, Cyclopss' President, said, ''We are a company in transition from research and development into commercial sales. Sales activity, particularly in light of the food safety crisis and attention given to microbial contaminates within the health care industry, is tremendous. We now have more demand for our systems than ever before and will continue to turn our research and development efforts into increasing revenues for our Company.'' Cyclopss Corporation is one of the nation's leading developers of ozone applications and technology for industries ranging from poultry-, beef- and produce- processing and hotel- and hospital- laundry disinfection to medical sterilization and aerospace. Have a great weekend. GO OZON! Regards, Jeff