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

To: Steven Haas who wrote (1756)	9/29/1998 7:35:00 PM
From: AL	Respond to of 2444

Today I have completed my DD on Napier. Today, I tested SV-35 for the first time, and to my delight it is everything it is supposed to be. Back in March I stumbled across this company one day as they were climbing up in volume and price. After checking their background and finding out that Boeing and McDonnell Douglas gave SV-35 their blessing, I bought in on speculation. Since then, many times I have been skeptical, but I stuck in, all the while knowing that to complete my DD I would have to test the product for myself. I had thought it would be to market sooner ( an unreal expectation ), so I never ordered any from Napier. Also keeping my faith were testimonials of how the product worked from Gino and Traxis. I trusted the words of both. Along with some kind words from Delta Airlines, and the fact that ICI probably isn't wrong. Enough of that. SV-35 works like a charm. I have been a user of MC based strippers in the past ( NASTY STUFF ) and SV-35 works equally well for effectiveness, extremely better for both smell and application. Those with personal agendas can scream scam, pump & dump, or whatever. Fact is this product rules, and it will be market leader within 1 year. In all areas of application. What a steal @ $1.50. For what it's worth, Al

To: Steven Haas who wrote (1756)	9/29/1998 11:05:00 PM
From: Ginco	Read Replies (3) \| Respond to of 2444

Napier was invited to participate in a trade show hosted by the U.S. Military. Steven-You refer to lawsuits 1)why pleural 2)what lawsuit. Also you say "NIR had the same problem many years ago" what problems? SCHEDULE C - MANAGEMENT DISCUSSION AND ANALYSIS NAPIER INTERNATIONAL TECHNOLOGIES INC. APRIL 30, 1997 The March 14, 1997 agreement between Napier International Technologies Inc.(Napier) and Diacon Technologies Ltd.(Diacon) for Diacon to manufacture and distribute its proprietary anti-stain chemicals is still in a transition period. Whereas Diacon immediately assumed the sales and service functions, Napier is still manufacturing and delivering the anti-stain products. The arrangement with Diacon has allowed Napier to significantly reduce it's staff and overheads. Although still in the transition period which has had some rough spots the desired direction is being achieved. Through the efforts of a director and a new employee, Napier was invited to participate in a trade show hosted by the U.S. Military. The trade show was dedicated to coatings removal, an area where much of the company's research has been concentrated, and where some very promising success has been achieved over the past several months. Napier was one of only two companies with environmentally friendly coatings removal products invited to participate at the trade show, by the U.S. Military. The exposure and industry contacts made were exceptional. The strong market potential of several new products has Napier moving forward with in the development of environmentally acceptable paint release agents and speciality cleaners. Our research and development focus is fully devoted to the release agents and cleaners projects. Napier was successful in reaching a settlement with Marquis Cedar Products (Marquis) and Nagaard Sawmills (Nagaard) related to an anti-stain quality claim. The Company maintains that it had no liability under this action, however, in the interest of cost containment, an agreement was reached whereby Napier contributed $18,000.00 towards Nagaard's settlement with Marquis and wrote off an account receivable from Nagaard of $1,989. The Company recorded a provision for legal settlement of $19,989. during the quarter. The Company has not been in compliance with the payment terms of the loan payable to Terpene Technologies Inc. (TTI) for more than one year. On March 6, 1997 the Company was notified of it's default under payment terms as set out in the technology license agreement. Under terms of the license the Company had 60 days to correct the notified default. Although the Company tried to market products developed under the technology for over two years it has been unable to identify any marketable products developed by TTI. The license was allowed to terminate and the Company recorded a loss on the cancellation on the terpene technology license of $47,385.