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Microcap & Penny Stocks : Consolidated Ecoprogress CES:VSE -- Ignore unavailable to you. Want to Upgrade?

To: Garry K. who wrote (6)	12/14/1998 8:23:00 PM
From: M. Boldo	Read Replies (1) \| Respond to of 58

I also read the Maedel fax blast and agree that this could be good mid-term investment. Following are some key points from the Maedel's Mini-Cap Analyst Fax Bulletin, Dec 13 1998. >>Used in a range of applications, the B-9 film creates opportunities for the firm to differentiate and compete in a number of large-scale markets, giving CES considerable blue-sky potential for proprietary, patented products….. Napier's due diligence on Ecoprogress was conducted by chief scientist, Sergio Vitomir, who invented Napier's environmentally-friendly paint stripper. He is very impressed with the B-9 technology and particularly excited by the possible industrial applications that his inventive mind has already identified. He noted that not only does the B-9 technology allow for low cost disposal of products, it also offers the prospect of dramatically-reduced manufacturing costs for certain types of products… There is consequently strong evidence that CES' feminine hygiene products, with their ecological appeal can carve out a 5%-6% market share as a strong niche product. Management is now ramping up an aggressive marketing program targeting the $100 million Canadian market… Many of the previously existing 1.6 million shares outstanding were purchased at $2.00, so significant liquidity in CES' market may not materialize until the market realizes much higher prices. Given the recent dilution from the various financings, however, we recommend a buy limit of $1.50<<