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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: learnstocks who wrote (1238)3/2/1999 12:59:00 AM
From: Dave Gore  Respond to of 8189
 
I agree..thanks Vic. Let me address some of your questions. Remember the Ford dealerships have committed via contract and we should find out how fast delivery will happen but my understanding is in the next few months all orders should be delivered.

I was purposely conservative with my European numbers and figured sales to be only about 20% of the total amount figured. They did sign up a firm to do their marketing in Europe in April 1998. I expect a progress report on how they are doing.

** MRPS visited the second GM plant (in Dayton, Ohio, I believe) last week; also Delco, and I was told that once the second and third GM plants place their orders, then GM will order equipment for all the other plants.

Remember two things...the first GM plant who ordered 40 of the $3,000 (i.e. to be accurate they paid $2,000 per unit) is a relatively small plant.

****FINALLY (and I like this a lot) ****
GM gave MRPS a "Blanket PO" to cover all orders from the other plants. You usually don't ever see this unless significant new business is expected.