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Gold/Mining/Energy : Unitec Int. Controls Inc. -- Ignore unavailable to you. Want to Upgrade?

To: dale w ruckle who wrote (360)	4/30/1998 7:03:00 PM
From: Ahda	Read Replies (1) \| Respond to of 856

Neither do i. I have still not received any information from you John. Paris has most of her water systems operating with sensors.

To: dale w ruckle who wrote (360)	4/30/1998 9:11:00 PM
From: John B. Smyth	Read Replies (2) \| Respond to of 856

That loan was used on the Coquitlam project, Dale. No question it is expensive, but I couldn't get the banks to step up to the plate any more than they already had. The choice was simple. Borrow the money and build the projects or don't borrow the money and don't build the projects. I have to work with the resources available. That loan has been paid out, but we have expanded the facility to finance other contracts in house. I have had very encouraging discussions with a firm in New York this morning that may be of assistance regarding long term financial solutions. They have reviewed our materials and are intimately familiar with SCADA. Regards, John