To: TraderGreg who wrote (7942 ) 7/11/1998 7:53:00 PM From: KZAP Respond to of 11708
I don't know how to copy and paste more than one at a time, therefore I am using several posts instead. I'm kinda going over where we could be headed and what news will be next. Take your pick! <g>Elrod indicated that existing Buffalo Capital shareholders would retain a five percent (5%) interest in the merged entity. ''Management considered several alternatives to becoming fully reporting and concluded this direction was the most expedient. It significantly reduces the time necessary to complete the Form 10 process, '' he said. ''We have had ongoing discussions with several venture capital sources these past few months, all of whom have considerable interest in funding our stated growth objectives for the next five years. They all have restrictions regarding consideration of any investment in a company that is not fully reporting. We understand and appreciate that, so we are taking the most direct route to allow them to bring their commitments to a rapid conclusion. In fact, we hope to be able to announce one such commitment very shortly.'' Coconino will be able to use a capital infusion to accelerate the expansion of their Ad-HaTTeRs subsidiary which has been on a record gross and net revenues pace for the current fiscal year ending May 31st, far exceeding its projections. The parent company also has plans to expand its Enviro-Tec, Inc. industrial and commercial waste disposal operations. It will also support continued acquisition of producing properties for its Coconino Oil & Gas subsidiary. Ad-HaTTeRs is a little company that is near and dear to me! <g> I've done well with the air fresheners and especially the Dream Catchers! I figure if they sell so good here, they would sell even better in the west. I'm hoping they will come out with air fresheners for football, baseball, basketball and other teams. That's just one of my ideas for more air fresheners. Ad-HaTTeRs is doing extremely well! Keep it up! Happy investing! KZAP