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

To: AL who wrote (1994)	1/5/1999 9:40:00 AM
From: Neil Irwin	Read Replies (1) \| Respond to of 2444

Al, From an interview on the Web site was this quote: "Sales have grown from 0 per month to $135,000 per month, and are growing at 20% per month!" In a previous post, I used last year's 1st Q financial results (sales = $164,319), and growth of exactly 20%, and deduced that the $135,000 figure would have been for August. You recently posted: "For the quarter ended October 31, 1998, the Company recorded net revenues of $321,936 and a net loss of $283, 539 or $0.01 per share." From this we can calculate that sales in Sep and Oct averaged $93,571, and thus have actually decreased since Aug! That's a growth rate of -30% ... yikes! I too share your optimism, or lack thereof, in yesterday's post. Neil.