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


To: Seeker who wrote (5702)4/16/1999 3:42:00 PM
From: Jon Scott  Read Replies (1) | Respond to of 8189
 
Some recap and why to not stop buying this .
By: takemychances
Reply To: None
Thursday, 1 Apr 1999 at 10:28 AM EST
Post # of 2821

I just checked my mail and received the email back from Jimmy on march 30th.
He didn't elaborate to much on my questions but here is a summary of the email.

Q1)Q1) Will they be releasing the 99 projections before the 98 financials
and when will these be released? Will there be a PR as to when these
figures will be out?
A1) YES is all he said not quite sure which question he refers to

Q2) Are you in the process of hiring a PR firm?
A2) Yes is all he responded again

Q3) What company is doing the audits and have they been completed at
this time? I myself understand these do take time. I also understand
Pr's are Great but without any "hard" figures to go by the company has
little credibility from an investors viewpoint?
A3)Credibility- With our client base i have a real problem with our lack of
credibility.

Q4)Are your negotiations with only companies in the Automotive industry
and as of the prior press release of the 37 companies how many do you
think will become customers realistically?
A4)102 at present that we are talking with. Two a week is all we can do at the
present.

Q5)Those who have spoken with Myles said you were back logged with
165,000 order and this was due to the distribution company having
computer changes. What does this all mean?
A5)We have shipped 100,000.00 fo this- F&M is converting the computer system

It seems this email was rushed to get done. I know i could have asked more questions and done a better job but was excited to get
the email out at that time and Jimmy did reply to it. It took awhile but I'm sure there are busy.
102 companies???? so much for 37and 51 Looks like alot of people interested in there products! the odds of getting more customers
goes up with that figure. He also said they can do two a week. TWO a WEEK I don't know but I think we have a very bright future. I
undestand why they are holding off a bit with those numbers I think they are going to be very juicy when they come. Peace



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