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

To: Sprintcar who wrote (1829)	3/3/1999 7:21:00 PM
From: a.m. fisher	Read Replies (1) \| Respond to of 8189

Doesn't anyone do DD on these things?? You guys are predicting revenues out of thin air and you sound exactly like those "Coke Cola" executives who predicted hundreds of millions of dollars in revenue seven years ago. I only hope Myles Izzikoff and Jimmy Gayle have a better distribution channel than previous holders of this technology!! Cuz, I'm in 1000 shares at 2 1/2 .... HAHAHAHAHA .... my own fault for flailing on the DD!!! Business Wire July 31, 1992, Friday DISTRIBUTION: Business Editors LENGTH: 270 words HEADLINE: Corporate Profile for Ultraphonics USA Inc., dated July 31, 1992 DATELINE: GEORGIA BODY: Published date: July 31, 1992 Company name: Ultraphonics USA Inc. Address: P.O. Box 420215 Atlanta, GA 30342 Telephone No.: 404/257-0222 Chief Executive Officer: M. Usman Mirza Chief Financial Officer: Harold Lea Investor Relations CONTACT: C. M. Benedict Business number: 404/843-2383 Public Relations CONTACT: M. Usman Mirza Business number: 404/843-2383 Trading symbol: ULPC (OTC) Industry: Non-destructive testing/ultrasonic diagostics equipment Market Makers: M.J. Meyerson Paragon Company description: In business since 1989, Ultraphonics USA has exclusive rights to manufacture and market a patent-pending, testing and diagnostic instrument in the United States and Canada. The product, Ultrasonic 101, is a required item in three military tool kits. It is approved for use by the U.S. forces and is the best multipurpose diagnostic equipment on the market using ultrasonic technology. Recently, a significant joint venture has been signed with the Rand Instrument Corp. giving Ultraphonics USA Inc. up to 40 percent equity in the joint venture which has exclusive distribution, service and maintenance rights to the Rand products in the United States and Canada. Ultraphonics is projected to generate over $5 million in gross revenues from its own products with net profit before tax of over $1 million in the first year. Joint venture sales are projected to be at least $100 million during the first year resulting in over $10 million in net profit before taxes for 40 percent of the joint venture. Several senior managers, formerly with Coca-Cola, are part of the management team.