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Non-Tech : Ontro (ONTR) -- Ignore unavailable to you. Want to Upgrade?


To: Dan Joseph who wrote (3)5/6/1998 12:49:00 AM
From: Mahin M. Samada  Respond to of 46
 
Tuesday is supposed to be the day!! Get ready to heat up! Pricing range for each unit (one share/one warrant) expected to be between $5 and $6.

More info to follow...

m.



To: Dan Joseph who wrote (3)5/6/1998 12:53:00 AM
From: Mahin M. Samada  Read Replies (2) | Respond to of 46
 
This Company has invented a revolutionary new product called an Integrated Thermal Container. They have designed self-heating beverage containers designed to heat liquid contents such as coffee, tea, hot chocolate, soups, and baby formula. You simply pop the top, wait five minutes, and you drink a hot beverage. Evaluation agreements are in place with Nestle USA and Knickerbocker.

Consider the potential applications for a self-heating beverage container. One can foresee uses in all types of survival and camping kits, stores of these items in homes where there is a high probability of earthquakes, convenience items for any worker that doesn't have access to a kitchen on the job, and many other uses too numerous to list here.

ONTRO, Inc is a San Diego, California based company. The underwriter is Cohig and Associates in Denver, Colorado. Cohig's phone number is 800-289-5691. The proposed Nasdaq symbols are "ONTR" for the common stock and "ONTRW" for the warrants.

Ontro, Inc will be issuing 3.4 million units. Each unit will consist of one share of common stock, and one warrant. The units will be priced between $5.50 and $6.00. After trading begins, the common stock and the warrant will trade as separate securities.

Aside from hearing extraordinary things about their technology, a powerful syndicate of institutional investors has been put together on this underwriting. The same group that was involved with a new issue in September called Newcom (Nasdaq: NWCM & NWCMW).

Newcom was brought public in a unit at $9.50, which contained one share of common stock and one warrant. On September 19, 1997, the common and the warrant traded separately. The combined closing value of the two securities that day was $17.125, which is nearly a double from the IPO price. Approximately three weeks later, on October 13th, the combined value of the two securities closed at $24, which was the all time high of the unit. This is nearly 250% return from the IPO price, and a 40% return if you had bought shortly after the opening of trading.

ONTRO has the same syndicate group behind it.

Management

Ontro, Inc is stacked with top management. James Scudder and James Bernsten, the co-founders of the company and developers of the technology both have extensive backgrounds in the food delivery industry.

This exciting new technology has attracted some serious heavyweight marketing talent. Kevin Hanley joined the company in December of 1996. He is the Chief Financial Officer. Mr. Hanley was formerly the controller of Hometown Buffet.

Robert Costen joined the Company as a director in October of 1997. Mr. Costen began his career in the food industry with General Foods, where he held various positions for 19 years. In the 1980's Mr. Costen served as the President of Ardmore Farms, a subsidiary of Quaker Oats. He brings 39 years of experience in the food industry to the Company.

Financial Condition

After the underwriting is completed, this Company will be financially strong. The proceeds from the Offering are expected to be approximately $16 million. The Company has no significant debt.

Market Capitalization

Once the underwriting has been completed, the Company will have 6.5 million share issued and outstanding. Based on the initial pricing of $6, this would give the Company a market capitalization of less than $50 million. We believe that the technology offered by this Company could justify a much higher market value. When you think about the potential applications that this product could be used for, it is easy to see this Company selling hundreds of millions of dollars in product over the coming years.

Industry Group

This company crosses the boundary between technology and food products. Additional applications for the technology already being discussed include drug delivery, medical applications, and health and beauty products, all of which are strong groups in the stock market.

In conclusion, you should take a serious look at participating in the Ontro IPO. Their technology is revolutionary. The syndicate group of institutional investors is STELLAR and the pricing should be very favorable for early investors.



To: Dan Joseph who wrote (3)5/6/1998 12:55:00 AM
From: Mahin M. Samada  Respond to of 46
 
Ontro, Inc. was founded back in 1994 (originally as Self-Heating Container Corporation) by two successful San Diego area entrepreneurs, Jim Scudder and Jim Berntsen. While on a trip overseas, the two came upon an interesting product ...... a food/beverage container with the ability to heat its contents without the benefit of external energy sources (microwave, heating element, etc.). They soon found similar products in other parts of the world, but all had two very significant problems. Every self-heating container they found was: (1) cumbersome, and in some cases even dangerous, to activate, and (2) designed in such a way that manufacturing costs (and thus, the eventual market price) were extremely high. Scudder and Berntsen were intrigued by this technology, but they realized that several major enhancements would have to be made before a self-heating container of any kind could be successfully sold in the United States. Using primarily their own funds, with outside assistance from a few close friends, the two founders then set out to "build a better mousetrap." Today, three years later, the end result of that effort is the Ontro self-heating container.

The Ontro management team believes that the Company's new innovative packaging will make a significant impact in several worldwide markets and industries. The self-heating container has already attracted considerable attention from a variety of potential customers, including the world's largest food manufacturer, NESTLE USA. From a consumer standpoint, the outlook is equally promising. The Company's initial qualitative research has revealed a consistently high level of interest in the Ontro container .... not a surprising reaction given the hectic pace of today's society and the ever-increasing demand for convenience-oriented products.

This is a potential MULTI-BILLION DOLLAR market!



To: Dan Joseph who wrote (3)5/6/1998 12:56:00 AM
From: Mahin M. Samada  Respond to of 46
 
Visit Ontro on the world-wide-web...

currently be viewed at: knickerbocker.com