SI
SI
discoversearch

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: DAVID IN B.C. who wrote (1615)9/17/1998 7:43:00 PM
From: Ginco  Respond to of 2444
 
I spoke to I.C.I.'s people concerning the deal,They say that before any N/R is released in which I.C.I. is mentioned ,I.C.I. has to agree to it,and of course that includes the April's N/R as well.This has already been covered here.

David ,don't you think that after 50 phone calls, from various shareholders that I.C.I. receives concerning some deal with Napier about some SV-35 product that maybe I.C.I. would put out a N/R of their own to say the contrary. Or is it possible that this shooter on the grassy knoll, in his cheap suit and messy hair could have put
some dozen people at I.C.I.on the take.I don't think he has enough funds to finance the scam.

What you should do is call I.C.I.

If you read Mundry's article, you also find this(below) which clearly states that the TSE granted
a <<30-day due diligence extension and did not urge the company to reveal the suit to shareholders.>>
These are all things that could be verified
.
. "Obviously the lawsuit had nothing to do with Napier. . . we did not know whether it would affect Napier's ability to proceed or not," says Mr Aelicks. The promoter asserts that after Napier consulted with its lawyers, it felt no rush to disclose news of the suit. Mr Aelicks points out that Napier even informed the TSE and consulted with exchange officials, who granted a 30-day due diligence extension and did not urge the company to reveal the suit to shareholders. The promoter calls the suit "frivolous."

David ,the fact you had only 2000 shares is not important, but what it does show
is one who has so little on the line, tends to do less DD.
Also it seem you have done more DD now, product turnover,con artists,sham,ect..
when your out of the Napier.