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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Zakattack who wrote (25617)	6/16/1998 12:26:00 PM
From: Mr. Jens Tingleff	Read Replies (1) \| Respond to of 34592

"Dis-advantaged" rubbish - ARET has Minority status - : Federal law in the US requires on specific projects that x% of the total job be awarded to minority owned companies, irregardless if they submitted the lowest price. Example, Flour is awarded as contractor a 10,000,000 job and on this job there is a 12% minority participation requirement. ARET would be able to assist FLOUR by bidding on work, or just be given it by FLOUR so that they meet the 12% requirement. Equals 1,200,000. Now ARET must do and/or subcontract out that work. It is often very difficult to come up with minority firms and it is very helpful in our industry to have a friendly relationship with a minority firm as it sometimes guarantees us work. We will sell our concrete pipe, sand, and stone to them first instead of the contractor so that the job meets the % requirement. Thanks that is also a very positive angle here !!! As big co's want to have good partners for those 12% - The case with the casinos and with the DUN and FLR deals Kr Jens