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


To: ChrisJP who wrote (3818)3/16/1999 8:27:00 AM
From: Basildon Bond  Read Replies (1) | Respond to of 8189
 
Chris,

I received this information direct from the Company in response to a list of questions that I emailed to Jimmy Gayle. I should add that Jimmy was very quick to reply and most forthcoming.

Regards,

Basildon Bond



To: ChrisJP who wrote (3818)3/16/1999 8:34:00 AM
From: learnstocks  Read Replies (1) | Respond to of 8189
 
Chris,
I don't know if this is relevant. Just remember that MRPS is outsourcing ALL of its production. The outsourcing firms seem to be very well qualified and capable. They do work on contract to many firms.
The MRPS staff, as I understand it, totals six (6). They are located in Nashville. This is: 1. Mr. Gayle 2. Myles Izikoff (sp), the National Sales Manager/Investor Relations head 3&4. two as yet unknown R & D people 5 a secretary 6. someone else. Someone please correct me if I have misstated the staff.
I don't really understand that 165$K is about three months of business before they run out of work. The work, as I understand it, is outsourced to two manufacturers, one in Lancaster, Pa, and the other in Indiannapolis, In. Is this incorrect?
Vic