Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?

To: SergioV. who wrote (932)	7/30/1998 1:32:00 PM
From: Tim Cruise	Read Replies (1) \| Respond to of 2444

Sergio, I think we all know the posters that you may be referring too. It is relevant that Management has made the decision to acknowledge some of the hype that has been parlayed. Nonetheless, my position has always been that I love the product and hope that Management can deliver it to the world in good time. Good luck, Tim

To: SergioV. who wrote (932)	7/30/1998 3:08:00 PM
From: Ray Cayen	Respond to of 2444

Hopefully, this stops some of the 'thermonuclear' stuff and we wait for some concrete information from Napier.

To: SergioV. who wrote (932)	7/30/1998 10:08:00 PM
From: David in Ontario	Read Replies (2) \| Respond to of 2444

David in Ontario's response to Napier (via Sergio Vitomir) Another slow day on the ticker - but an interesting day with Sergio posting again to the thread. David (in BC) - yes I agree with AL in that the SWE chart looks very nice (since late 1996). However - we can do without the 1994 to late 1996 downturn - so let's get the DD between Napier and Aquasol completed and the contracts signed and announced. I suspect that NIR will have another post-News run up as before - then some retracement due to profit taking - and hopefully thereafter something like SWE's steady upward trend since late 1996 :-) In response to Sergio's comments today: It's very welcome to have a Napier spokesman posting management's concerns to this thread regarding the content of some of the posts to this - and I presume - other Internet NIR investment threads. Yes - the threads are a battleground for information and misinformation - for honest commentary and dishonest motives. My `research posts' are to a large extent based on conversations with Napier, Aquasol and ICI spokespersons. I (and others) have provided contact links to make it as easy as possible for other (potential) investors to independently follow up the material that I (and others) have posted here and elsewhere. I write these posts very soon after ending my conversations with these spokespersons - who have been identified as contacts for investors in News releases. The way ahead for Napier is so very encouraging that this excitement is reflected in my posts - in short: NIR - YOU GO BABY!!! In rereading the 15, 21 April News from Napier - there are projections from the company of strong growth and enormous potential. It's a two way street. Talk of (up to) a $20 share price near term - or a $US5 open post-News - was first mentioned in mid-April during the last big News release period (15, 21 April). At that time other investors - most of whom I assume are still onboard also became excited about Napier's future. There were also posts expressing caution with these numbers. This was prior to my posts which didn't start until mid-May. However - we need each other. Investors want a secure investment with growth potential and public companies need market support and people willing to invest in them. Many investment decisions are based upon what the company tells its investors - but I feel that there are areas for improvement. I do not want to repeatedly hear that `News will be coming out within two weeks' from IR - when it isn't and the weeks just slip by one after the other. Better for the company to say that - "We are working as hard as we can to bring our negotiations with Aquasol International Inc. to a conclusion as soon as possible. We will then either release News of the merger, or if the plan of the arrangement between Napier and Aquasol does not complete, then both companies will nonetheless obtain certain exclusive marketing rights for the products of the other" - as per 21 April News. Ditto structure for News related to contracts. I also needed to know - way back when - that if the DD between Napier and Aquasol was extended beyond the 30 day period referred to in the 21 April News - that this be made know in a timely fashion - not several weeks hence with the DD deadline extended until the last week of July. One of my Napier `sources' told me that "Yes - we should have released that" when I asked them about the DD. However, I've also been told (by Aquasol) that there is an indefinite extension to the DD. I understand that Napier is most likely going through some growing pains - but there is no excuse for pushing the `News release within two weeks' or not publicly announcing the DD extension - or it's correct nature. This being either an extension until the last week of July - or an indefinite extension. Furthermore, access to the web site should not have been removed. There are links all over the place to napierintl.com that now come up blank. It's a very simple and quick matter of replacing access from one set of HTML files to another set (containing the updated web site). I know - I've done it for far more complex sites than Napier's. In this way continued access is maintained. The site can be updated in the early hours of the morning so that very few people will even notice the modification until the time they next access the site. Getting an error message to say the your browser can't open the site and that access to the server can't be established - for a couple of days now - is annoying. Another point - a great deal of care and attention should be taken when preparing News releases. Once they are published - that's it - they stay that way forever. The 8 June News contained the following: "...as announced in April 1998, [ Napier ] has entered into definitive discussions to finalize a distribution agreement for it's friendly line of strippers with the worlds' largest chemical company, Imperial Chemicals Industry, whose industrial division operates under the name I.C.I. Devoe Coatings and is also the largest coatings company in the world. Represented in 163 countries and covering every major market, I.C.I has, and will, have a profound impact on Napier." I.C.I. is Imperial Chemical Industries (PLC) ici.com not the above - "Imperial Chemicals Industry". It may seem like a small point - but to me it stands out like a sore thumb. The company cannot afford to make this type of mistake in a News release. Grammar in a News release should also be perfect. For example, and from the above partial paragraph "...agreement for it's friendly line of strippers...". This should haven been be written as "...agreement for its friendly line of strippers...". The contraction "it's" refers to either "it is" or "it has" - and the correct word is the possessive pronoun - "its". While I'm at it - here's a third error - in just this one paragraph; "...and covering every major market, I.C.I has, and...". The error here is that "I.C.I" should be "I.C.I.". The period `.' after the "I" identifies a truncation - that is - something is missing - which in this case is "(I)ndustries". As written above, and expanding out, what is represented in this paragraph reads as "Imperial Chemical I". A fourth point - the above (almost complete) paragraph - is just one long run on sentence. It that should have been broken up into at least three sentences. These may seem like minor points, but these errors really stand out to my mind and besides it's sloppy. I suggest that some consideration be given to contracting (on retainer) a good knowledgeable writer to prepare the News releases in collaboration with the company. Every effort should be made to ensure that the News releases are both factually and grammatically correct. For all my dollars invested in Napier - and at the very least - I want to read News releases that contain no errors. The company should always strive to ensure the highest standards and to a large extent the News releases represent the company. Sure - my posts here aren't grammatically perfect (I overuse dashes for example) - but they aren't News releases either. As an aside - I am worried about the wide scale `dumbing down' of standards. For example - it's concerning to me to read even curricula vitae that have simple and multiple spelling and grammatical errors - they all go into my trash can :-( To my mind if a potential job candidate can't even get a one page curricula vitae correct - and if that's how they are representing themselves to me - then I have no use for them. I edit a lot of scientific papers - and errors such as those referred to above jump out immediately during a very quick scan. Yes - it's not a perfect world and we've all heard the comments about the time and effort spent in striving for perfectionism. Nonetheless, there is no room for simple errors in a News release. I would be more than happy to edit Napier's future News releases - in confidence :-) To conclude - I continue to remain very positive with regard to Napier's future and I strongly support the company. In my view any small Canadian company that is deserving of support in the market should hopefully receive it and be given every chance to succeed. There is a lot of competition out there for investment dollars. I hope that Napier will realize its potential and become one of the very few R&D companies that makes it to the big leagues. Regards to all, David.

To: SergioV. who wrote (932)	8/28/1998 1:14:00 PM
From: Ginco	Read Replies (1) \| Respond to of 2444

Napier should come out with a statement THIS week and comment on the decline in the stock price - plus throwing in the numbers that they should have included in the last News would be appreciated!" Your absolutely right David, I also think Napier should do a number of other things, including: returning phone calls in a reasonable amount of time (everybody, from the top down); ship samples out when they say they are going to; not say things they don't mean(that may be recorded); step up to the plate and defend their stock(when the bottom is falling out); release news as it becomes available; (good or bad) and they better not issue more cheap paper or any paper for that matter at their board meeting next week.(either to themselves of close friends/relatives) If more warrants or options are to be granted, i think it should be discussed at a share-holder meeting, not just between the board members(who have sold a good portion of their own stock for a nice profit already) I don't want to see any window dressing either. Unreturned phone calls, lack of any type of defense in a stock sell-off, insider selling and not buying, with-holding pertinent news at their leisure, and issuing of cheap options is no one of winning investor confidence, never mind institutional players. We desperately need Napier's management to step in before it's too late. You've learned from your mistakes, now take the appropriate measures, which have been discussed here many times, and stand up for the company and your share-holders. Still long but not so strong, chris.