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

To: Mitch who wrote (3882)	3/16/1999 4:58:00 PM
From: Jon Scott	Read Replies (2) \| Respond to of 8189

Did my obligatory call to Myles today. Nice guy. Didn't get any negative impression of him. Today's news was just to keep us abreast of what happened over at Nascar. He said they won't release 98? financials until audited and returned from SEC. That's what their attorney advised. That should be about 3 wks.Said probably flat, but felt they were insignificant compared to what's ahead.Will be releasing projections based on current contracts. Reminded me that they were and still are a small outfit They are interviewing CFO today. And in desperate need of sales/demonstrators to get out to plants. The 37 companies which they are/were in negotiations with are ones that already have purchased/tested marginal amount of product and potentially be buying more. Production is more than enough. Forgot to clarify backlog issue. 1 million restricted preferred shares 1:1 convertable in friendly(Jimmy's)hands. That's all that I remember Call 615-871-4000 if you have questions.