To: Frank Fontaine who wrote (1576 ) 5/18/1998 12:26:00 PM From: jeffrey rainey Read Replies (1) | Respond to of 1757
Everyone should keep in mind this very important schedule of events! ÿ product now appears to be beyond our greatest expectations. Plant Commissioning Arcon has commissioned Maverick Engineering, Inc. to manufacture its first 100,000-gallon plant for production in Sept. 1998. Milestones for the plant are as follows: -- April 24 -- HAZOP study complete (Hazardous operations OSHA is complete); -- May 1 -- Issue process and final installation plans; -- May 8 -- Final signoff of engineering requirements; -- May 8 -- Issue turnkey contract; -- June 26 -- Supervision of detailed design project; -- July 3 -- Authorize procurement of all equipment, pumps, etc.; -- July 17 -- Assemble unit for completion; -- Aug. 14 -- Site installation ready for completion; -- Sept. 1 -- Complete commissioning and start up. Arcon is busily defining markets in several regions of the country, such as Colorado, Ohio, Indiana in addition to California and has been contacted and is in discussion with two major corporations about DF-144. Industry experts have cautioned us that we may be underestimating and possibly undervaluing DF-144 as to the size of the market and the present price. Arcon is receiving international inquiries also. Management also is taking investment advisement on the share structure of Midland; particularly the Series "A" preferred on ways to enhance the total value for sophisticated and institutional investors. Lastly, Arcon's website will be available within a week at Arconlimited.com. If you would like to be placed on our e-mail information list, please communicate it to us via e-mail at archem@swbell.net or fax at 972/991-3295 or call toll-free 888/478-5010. CONTACT: Midland, Inc., Dallas Investor Relations, 888/478-5010