To: Alan Weisman who wrote (362 ) 3/26/1999 2:00:00 AM From: Krukov Read Replies (1) | Respond to of 527
To: All I have been pleasantly surprised by the movement in the stock price recently. We had nowhere else to go but up. It seems that many have come to realize the upside potential in this stock with its cutting edge technology in UV. As many others on this thread I started buying shares of SVSY two and one half years ago. My investment in this company is largely based on the uniqueness of the technology. I am not sure if I recall correctly, but the stock price was close to $3 at a time when all the company had was the promise of a technology; SVSY was still a company at the developmental stage. However, I should also point that at the time, the stock was heavily promoted by Kostech and other private promoters. We all know what happened after that period which is why we are still languishing at these levels. I think that if an investor liked the stock at prices ranging from $1.50 to $2.50, he or she should like it even better now for the following reasons: 1). SVSY is more of an operating company now; all the glitches in the technology have been fixed. These systems can therefore be mass produced given the proper financing. 2). SVSY currently has a system in operation as a reference that any prospective client can contact to determine its effectiveness. 3). Recent studies that stated that UV is effective in combatting cryptosporidium, potentially open a new and large market for the company. 4). The recent capital infusion by WOF is a vote of confidence that they believe that SVSY will be around for the foreseeable future and that its technology is very good. 5). Once burned, twice shy. I am hopeful that management will resort to other means of financing other than convertible debenture sold to offshore investors. 6). IMO, SVSY is in need of good financing to demonstrate that the company would be able to produce these systems in large quantity if some large contracts can be obtained. This, IMO, will propel the company to the big leagues. 7). If SVSY could reach $3 on the promise of the technology, I wonder how high can we go now that the technology is proven and tested and that we are actively working at securing contracts to generate earnings. I still think that we will need some serious financing. I hope that we will be able to build a base in the $0.60-0.70 range so we can be ready for the climb to the next level. I have been an investor in this company for a very long time and hope to rewarded handsomely. JMHO. Hi Bryan and welcome to the thread. I am sure that everyone is by now aware of the good work you have been doing. Happy Investing Krukov