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To: Phil(bullrider) who wrote (154)9/14/1998 10:17:00 PM
From: Jeffrey L. Henken  Respond to of 939
 
The CAPSCAN is removed when the tank is filled. Since the tank has been monitored prior to the fill it's a given how much fuel the tank will be able to take based on what was in the tank and how much it holds. Don't the nozzles used to fill these tanks have sensors like we find at the local gas station anyway?

I'm not suggesting that the CAPSCAN is a perfect system but it far exceeds EPA requirements and is far less expensive than the competitive products.

SO HOW DOES IT WORK?

The CAPSCAN device has an EPROM (internal computer) quickly programmed during installation from the customer's information outlining the dimensions of the specific underground storage tank. The EPROM has been developed so as to accurately convert sonar impulses from the ultrasonic transducer receiver residing in the device. The program converts the depth in the tank from the return impulses to develop the accuracy to within 1/10th of 1%. When the CAPSCAN is used in place of the conventional "stick" and used in conjunction with EDSi's statistical inventory analysis, the combined output is a method of leak detection that falls well within the EPA guidelines for leaks or shortages. In addition the CAPSCAN at the same time detects the presence and volume of any water present in the tank.

EDSi is committed to remaining on the leading edge providing economical, practical and acceptable methods of inventory control and tank management reporting. Data is transmitted from the CAOSCAN sensor to a user friendly hand held computer which can be polled by a reverse 800 dial-up network. In other words, a major jobber can have his inventory analysis on his desk the following morning as opposed to less advanced methods used today.

I got this out of the investor booklet. I would suggest you call and request one. Any truly interested investor should. I agree that most OTC BB stocks are losing propositions. I don't think this will be one of those but I implore every investor to do their own due diligence. It's also impotant to remember money is lost on stocks traded on every exchange due to people missing out on the old adage, Buy Low, Sell High.

Look at ATML or WDC these days. Thes stocks sell for 1/5th what they did less than a year ago. One is traded on the NASDAQ and the other on the NYSE. I could find lots of other examples as I'm sure you could as well.

InvestRight

Regards, Jeff



To: Phil(bullrider) who wrote (154)9/16/1998 12:43:00 AM
From: Jeffrey L. Henken  Respond to of 939
 
The purpose of the December 22, 1998 deadline for upgrading (which means adding spill, overfill, and corrosion protection), replacing, or closing existing substandard UST systems is to prevent another generation of leaking UST systems. During the last decade, over 330,000 releases from substandard tanks have been reported. Many of
these releases have caused serious environmental damage as well as harming human populations. Contaminated water supply wells have been shut down to prevent sicknesses and other adverse health effects. Gasoline vapors have migrated into basements and garages causing explosions and fires which have claimed human lives and resulted in costly property damage.

OUST's program has been extraordinarily successful in minimizing the potential for further harmful impacts, but the job is not yet finished. Only about one-third of the existing UST systems have been upgraded since 1988, which was the start of the 10-year time period for completing UST system upgrade, replacement, or closure. Over 600,000 UST systems still need to be upgraded, replaced, or closed. These systems are substandard and have a high probability of causing severe environmental damage and threatening human health and safety. If actions aren't taken to ensure that all UST systems meet minimum acceptable standards, the next generation of leaking USTs will be worse than the first generation was.

Last Updated: April 15, 1998

epa.gov

Even if these tanks are all replaced in time. Who will enable them to be monitored in a fashion that meets up to EPA standards as inexpensively as possible?

I think you know.

InvestRight

Regards, Jeff