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To: pete meyer who wrote (704)6/28/1998 2:26:00 PM
From: Spock  Respond to of 1307
 
Pete,

Thanks for bring this company to our attention but I'm having a hard time understanding what, short of a miracle could provide "considerable gains" for this stock. The only things that are keeping me interested are the good share structure (2.1M), a CEO with good credentials, and encouraging test results from their new and as yet uncommissioned prototype micro-refinery.

Everything else I'm seeing suggests a company in deep trouble. Very heavy debt load, a net loss of $250,000 in the last quarter, a plant that as of Jan 14, 1998 was to be commissioned "shortly" and has not been heard from since, and virtually no revenues.

I sure hope for this company's sake that "things are happening". If you want to stir some interest here you'll need to be a little more forthcoming with your information.

Don't get me wrong, I'm not trying to rain on your parade and do consider this company a candidate for a turnaround but on this thread we want substance. Empty hype doesn't cut it here. So please, by all means, do tell us more.

Kevin