To: Chisy who wrote (2744 ) 3/8/1999 1:57:00 AM From: Dave Gore Respond to of 8189
Chisy, no that is not what anyone is saying...Here's a quick summary. You have lots and lots of DD to do....I don't envy you....LOL! QUICK SUMMARY: GM, FORD AND NASCAR are just 3 of the big names that have contracted for large numbers of their ultrasound devices. MRPS has a $3,000 unit and a $500 unit. The more expensive unit is used for the most sophisticated quality control, generally in noisy facotries (ie. General Motors) and noisy outside environments (i.e NASCAR) The cheaper unit it being used in places which are a bit less demanding (i.e auto repair dealerships for instance). GM tested for 1.5 years and now one of their smaller factories just purchased 40 of the more expensive units, at least one for every department. many more orders are expected as GM set up MRPS on an OPEN P.O. basis. Ford also tested the product and contracted for over 6,500 of the less expensive units, at least one for each dealership. One could reasonably expect that Ford might eventually equip thier PLANTS and GM their dealerships, and somebody like Chrysler, Volvo, Toyota, Nissan, etc,etc, might come on board. MRPS also "saved" and predicted failure of (and correct me if I'm worng) Dale Earnhardts engine BEFORE it failed, so NASCAR is sold on MRPS. News last week will be expanded upon soon. Finally, more than 37 companies are negotiating contracts as we speak. Of course, everything is not perfect but that is the gist of why folks are a bit excited. No matter what negatives people have come up with the GLASS is at least 7/8th full, especially considering this is just a $1.50 stock. Good luck with your DD (which you should do) DAVE