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To: ackbh who wrote (756)3/17/1998 1:11:00 PM
From: B. E. Barry  Respond to of 783
 
International Training Rinks (ITR-ASE) builds and operates ice rink facilities. Currently has 7 facilities in Canada, and announced in Feb. 98, another 2 new twin rinks designed by Stadium Consultants Int., (designers of GM Place in Vancouver and Air Canada Ctr. in Toronto), to be built. Intends to build a chain of 50 rinks by 2003. Currently trading $.28 - $.30 on 80,000 shs., volume picking up.

Demand for ice is increasing due to the growth in the popularity of ice sports with a critical shortage of available ice. Huge waiting lists for minor hockey as ice time is limited. ITR will only commit to building new facilities where it has a signed contract/committment with a minor hockey association.

ITR's ice surface is slightly smaller which provides huge economic advantages than full size: lower capital and operational costs. ITR also has greater ice utilization by offering fee-based instructional programs and 3 on 3 Pond Hockey League. New SCI designed facilities will allow ITR to increase and develop new revenues streams including food and beverage concessions, pro shop sales. Info available at iceitr.com