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Non-Tech : LUXOR INDUSTRIAL CORP. -- Worth checking out ! -- Ignore unavailable to you. Want to Upgrade?


To: Rick Boardman who wrote (33)4/9/1998 10:33:00 PM
From: Double E  Read Replies (1) | Respond to of 178
 
I don't know why this release is dated 4/13 but showed up on the Luxor website on 4/9??? Looks like there is more than just a passing interest in this company and its future!

Read on:

April 13, 1998

Progress Report

Luxor Industrial Corporation wishes to announce that it has recently been
contacted by separate investors from Europe and the United States
expressing interest in participating in an equity investment with the
Company through private placements. At a Director's Meeting held on
April 8, 1998, management decided to advise the interested parties that
the Company is not presently contemplating a private placement.

The Company is experiencing sales growth, currently has sufficient
working capital and will continue to strengthen it's sales efforts during
the upcoming construction period. Luxor intends to seek funding, on best
available terms, during the peak period of the 1998 construction season in
order to expand distribution and manufacturing facilities.

For further information contact Budd Iwaschuk at (604) 684-7929 or (800)
665-2454.