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Gold/Mining/Energy : Markatech - MKD (VSE) -- Ignore unavailable to you. Want to Upgrade?

To: Ted Kosokowsky who wrote (298)	9/10/1998 11:57:00 PM
From: Ted Kosokowsky	Read Replies (1) \| Respond to of 416

I talked to Ken Spence today, one of the principles from the new CD company. He is going to be the Factory Manager. Well, some good news and bad news. The bad news is that there is not likely to be a news release this week. Just as well, Friday is a horrible day to release news. The letter of intent was signed Friday, and a contract for the equipment purchase was presented to MCDI early this week. It was marked up, and details were worked out, then returned to the manufacturer. The word is that the manufacturer doesn't have any problems with the changes, and they'll be taking a copy up to Vancouver for signature early next week. So I think the best timing is maybe Tuesday for the announcement of the equipment purchase. Now, the good news. The contract has a fixed delivery date for the end of this month. That means the end of Sept is still very much a possibility. I found out that they take control of a new building on Oct 1, just in time to install the equipment when it comes up at the end of the month. Ken talked to me about staffing, hours of the shifts, positions, tech wages, everything you would expect a factory manager to be working on. A couple of BIG things. They have an orders which should keep them very busy right off the mark. Ken feels they will have to be working 24 hours to keep up. It also seems that every manufacturer is fully booked from the end of October to Christmas. There is a lot of Christmas CD gifts and game software that needs to be made. Since there is no differentiation between CDs and CD manufacturers, new company or not they will have the orders to be working at capacity. We talked briefly about the share price. I said I thought it was only at .12 because there has been nothing so far officially released to convince investors this was the real deal. He laughed at me, and said that he has so many of his family and friends invested there was no way he could stop now. I like management that is committed. So my read is that the first quarter financials will look real good, and give us the share price we have been waiting for. I don't know where the share price will be before then, but no matter, I know where it will end up. So why do I share all this info? Simply working ahead to convince all the lurkers here to either average down now, bring more investors in, and more importantly, not let their shares go until those first quarter results are out. If nobody sells, the share price will be a rocket. That's it. Next information will be next week. Ted