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To: Adivino who wrote (4194)4/3/1998 10:09:00 AM
From: Frederick Langford  Respond to of 34592
 
Norm, Mentioned BNTI a couple of times. I like the tape action. Here is the latest info:
> _______________________________________________________
> NIC April 02 1998
>
>
> BRAINTECH SPECIAL REPORT BNTI-OTC Pink sheets
>
>
> L BNTI 25-.51 .53-25 + n/c
>
>
> >L BNTI 2-Apr-98 431,800 75 trades 00:37
> Page 1
> .50 400 .09%
> .51 28,000 6.48% *********
> .52 104,100 24.10% **********************
> .53 126,900 29.38% *************************
> .54 137,300 31.79 *******************************
> .55 32,500 7.52% ***********
> .56 2,600 .60%
> End of Volume by Price
>
>
> Due to the urgency in the timing, we are quickly presenting more due
> diligence to
> our subscribers and the potential of this little known company with a world
> class technology in machine vision. The stock has formed a very strong base
> in the $0.50's as seen by another day of high volume and accumulation. It
> touched $0.56 cents, just 0.07 cents shy of the 52 week high. Throughout
> the day, anytime, the stock appeared weak, it was bought up aggressively.
We
> suspect a fund taking their position as that is how they buy in quantity.
> We are almost certain that the stock is being shorted by certain market
> makers who are unaware of developments in the company.
>
>
> UNCONFIRMED RUMORS/FUNDAMENTAL DEVELOPMENT
>
> Other than what has been released to date by Braintech, we will present
> certain RUMORS from due diligence provided by our members.
>
>
> POINT 1 - NEVER DISCOUNT THE US MILITARY.
>
> Braintech to date has had several discussions/presentations with the US
> military throughout its life under the very capable leadership of
> Owen Jones Pres and CEO, who also comes from a military background.
> The company has always felt it's technology had obvious uses for the
> US military and for security reasons the company will not discuss anything
> with individual shareholders for obvious reasons as these are sensitive
> issues.
> As a matter of fact, there are certain provisions in the securities act
that
> no matter how significant or insignificant a contract is to a company, it
> will not be reported in
> total detail as to what kind of technology is provided by the company to
> the military. The numbers will show up on the bottom line or once the deal
> has been finalized, very limited information will be given out.
>
> THE TECHNOLOGY
>
> Braintech's machine vision has only truly been around for 6 months. For the
> most part, it has been under constant development. Their 1st product wasn't
> really ready until the Photonics show in January and only
> after the NATIONAL RESEARCH COUNCIL'S (Canadian Government) blessing after
> being given a grant, did it really confirm to the company that it was a
> relevant vertical market to go after.
>
> The truly amazing thing about Braintech's technology is the fact that the
> lead time for building a turnkey system from scratch is about 3 months from
> the first time a company is aware of Braintech's technology. Anyone in this
> business knows that to produce a turnkey system from scratch in a such a
> short period of time with cost effectiveness is truly amazing.
>
> We have received unconfirmed RUMORS that several large companies out of the
> United States have approached BNTI to see how they can use BNTI's
> technology. The pace with which companies are approaching them is truly
> remarkable that they will be hiring more people to keep up with their
demand.
>
>
> CONTRACTS ANNOUNCED TO DATE (Comments)
>
> To date the 2 contracts that have been announced need a little elaboration
> as to their significance to the company. A lot of people are discounting
> what these contracts mean to Braintech in the bottom line.
>
>
> Contract 1
>
> NGI TECHNOLOGY.
>
> NGI Technology- Is the first company to produce Continuous Line SCAN (CL
> SCAN) image processing
> system for the steel industry. From what we know so far is that presently
> they are designing Continuous Line SCAN (CL SCAN) image processing system
> with the BNTI's, BrainTron„ classifier for 2 large steel manufacturing
> companies in North America. The Braintech's Braintrona classifier is what
> makes NGI's system the best in the business after the incorporation of
> Braintechs technology and gives NGI the edge in this business.
>
>
> A BRIEF HISTORY ON NGI
>
> The NGI business team has a track record of bringing new products to market
> and establishing new corporations, including several years of experience in
> competitive, high technology marketplaces: software solutions, imaging
> systems and industrial automation.
>
> Example. Their clients include several major Fortune 500 firms and
> institutions: 3M, General Electric, General Motors, Ford, NSA, NAWC, Kodak,
> Hughes, Loral, Lockheed-Sanders, LOF, Mercury Computer, MIT-Lincoln Labs,
> NRL, Nucor, Raytheon, U.S. Secret Service, VideoServer, and Xerox.
>
> So far NGI has endorsed BNTI's technology and applied this technology to
> the steel industry only. As of this contract dated Feb 11 1998, BNTI is a
> revenue producing company.
>
>
> Contract 2)
>
> EPSON
>
> Has plants all over the world . From what we have learnt, EPSON is
> interested in introducing Peter (BNTI's Chief Technologist) to other
> divisons of Epson to foster more business for Braintechs technology. This
> contract alone could open up a can of worms for BNTI. When a large company
> such as Epson approaches a junior such as BNTI, the technology gets
> automatic endorsal for other fortune 500 companies. We have our suspicion
> that we will be hearing more about EPSON very shortly.
>
>
> Braintech is presently developing an EVALUATION SYSTEM for EPSON. The 15th
> of April will be the date when they will install first system. They have an
> option to purchase a further 11 at a fixed price.
>
> APRIL 1998 ?
>
> April will be a HUGE month for Braintech and we look forward to solid
> fundamental development. Expect at least 2 news releases with a possibility
> of up to 5. A lot of attention is being centred towards BNTI from many big
> powerful investment houses out of the US have been calling the company.
> This would probably account for the unusually high volume on BNTI in big
> blocks. The stock is being shorted and this is all the better as we will
> see spectacular gains once we break the old high which is at 0.63 set only
> a few weeks ago. So far there has been steady accumulation but it seems
> that many are getting impatient sitting and bidding for the stock as market
> makers are not filling their bids and hence simply buying and forgetting
> about it. Once past the old high of 0.63 cents, BNTI should move in leaps
> and bounds with any kind of fundamental development. BNTI's is quickly
> moving toward being a fully reporting NASDAQ issue hopefully in less than 3
> months.
>
> As soon as developments occur, we will be reporting to you about BNTI, the
> moment we receive them....
>
>
> FREE REALTIME QUOTES FOR NASDAQ STOCKS ?
>
> Here are a few excellent sites for free quotes :
> <http://www.freerealtime.com/>http://www.freerealtime.com/
> thomsonrtq.com
> <http://www.askresearch.com/>http://www.askresearch.com/
>
>
>

Bacon Butt News Service (BBNS)
BBNS@ZEBRA.NET

----------------------- Headers --------------------------------
Subj: Fwd: **NIC SPECIAL - BRAINTECH BNTI , April 02 1998***
Date: 98-04-03 05:44:09 EST
From: bbns@zebra.net (BBNS One Of The Best)

>
> Date: Fri, 03 Apr 1998 01:47:35 -0500
> To: (Recipient list suppressed)
> From: Northern Investment Coalition <cheech@interlog.com>
> Subject: **NIC SPECIAL - BRAINTECH BNTI , April 02 1998***
>
> DISCLAIMER
>
> The information contained report, while obtained from sources we believe to
> be reliable, is not guaranteed either as to accuracy or completeness. NIC
> assumes no liability for any investment decisions you make. Please do your
> own due diligence on company that are featured in this newsletter.
>
> NIC, may have a position in the securities mentioned herein, and may make
> purchases and/or sales from time to time.
>
> Neither the information nor any opinion expressed herein constitutes a
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