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 : Unitec Int. Controls Inc. -- Ignore unavailable to you. Want to Upgrade?

To: C Bunka who wrote (560)	9/16/1998 12:35:00 AM
From: John B. Smyth	Read Replies (1) \| Respond to of 856

Hi Chris: This is a complex issue which will have to be reconciled. The TSE, VSE and other regulatory bodies are trying to protect the public from over-promotion in a virtually uncontrollable media. Also, it doesn't really make a level playing field as not all investors have access to the internet. So, I see their point. Our Board, management and counsel are wrestling with this now, and are looking for a solution that allows us to use the internet to inform. As a marketing vehicle to help sell our products it's unequalled. If it can safely be used by companies within the guidelines set out by the various exchanges it can be a good thing. I've surfed many internet forums and threads. I believe ours has maintained a certain quality and dignity that has not been present on others I have visited. I think the exchanges are more concerned about those other types. The VSE surveillance people have talked to me twice about the content of our web and links and requested I remove certain items which were either considered promotional or were obsolete, but did not find anything wrong with our SI connection. A more serious and immediate matter now on the VSE is their intent to provide a monopoly to one wire service for dissemination of news releases. This service as proposed would be available only through one company and at a considerable cost, where now we can meet our compliance requirements through free services. I think this move, if not reversed, will result in less information in content, quality and quantity creating lost opportunity to learn about a company's progress and risk that complete news may not allow a full assessment by the investor. I have written to the VSE, stating my opinion, and hopefully others have followed suit. In the meantime, as I stated in an earlier post we are looking at this issue quite closely. I look forward to seeing you in Calgary this weekend. Best Regards, John