To: Stock Watcher who wrote (8704 ) 5/13/1999 8:49:00 PM From: CrayUSA Read Replies (1) | Respond to of 52051
SDCN OTC:BB---some DD SDC International (from form 10SQB ending sept. 30 '98- most current) no more filings for additional shares Authorized shares 10 mil Issued shares 4.4 mil outstanding shares 2.9 mil Total assets 4.6 mil Total liab. 1.7 mil Total cash 224,563 Gross profit 54,843 Net loss 2.8 mil The story: Trying to buy Tatra, a Skoda truck making subsidary from a Czech bank. terms for 13.9 mil and 30 mil to retire company debt. SDC has as a shareholder and partner for this aquisition: SDC shareholder, Harbour and Associates, Inc. the prominent Detroit-based automotive manufacturing and management/consulting firm, has become a Strategic Partner with SDC in its pending acquisition of Czech truck manufacturer, Tatra. Harbour and Associates specializes in improving the quality, productivity, and profitability of car and truck manufacturing companies. Their client list includes BMW, Ford Motor Company, DaimlerChrysler, General Motors, Fiat, Toyota and many others. Harbour is also the publisher of The Harbour Report, the highly recognized analysis of manufacturing in the North American and European automotive industry... About Tatra: (from press release) 98 revenues US 240 mil assets US 190 mil 6,000 workers 2,000 trucks anuually Business plan to turn company around into internationally recognized automotive co. Has joined SDC International strategic board just recently: 1. "Dennis K. Pawley, known as the manufacturing czar who helped Chrysler Corp. become Detroit's most efficient automaker, has joined SDC as a Strategic Board Advisor.Most recently the Executive Vice President of North American manufacturing for DaimlerChrysler AG as well as a member of its Board of Management, Pawley came to Chrysler in 1989 after positions over 34 years with General Motors, Mazda and United Technologies. Pawley tailored the Japanese-style system to American workers and his system became known as the Chrysler Operating System, receiving accolades worldwide. Pawley's systems were largely responsible for Chrysler's turnaround, which included double-digit annual increases in both productivity and profits, a result which SDC hopes to bring to Tatra's operations." 2. "Richard Donnelly, who retired March 31st as President of General Motors Europe, has joined SDC International's management team as a Strategic Board Advisor. Donnelly is, also, a shareholder of SDC. Donnelly had responsibility for GM's vehicle business in Europe with annual revenues of $25 billion, 80,000 employees producing in 11 countries and selling 1.9 million vehicles annually in 42 countries throughout Western, Central and Eastern Europe. He was Chairman of GM's European Strategy Board and has been a Director of Saab (Sweden), Isuzu (Japan) and of ACEA, the European automobile manufacturers association headquartered in Brussels." THE BEST PART (from press release) SDC International is a publicly-traded U.S.-based company founded to manufacture, finance and globally distribute high-quality industrial and transportation products manufactured in former Communist countries. Upon the acquisition closing and consolidation of financial statements, SDC would be one of the few Bulletin Board stocks to rapidly qualify for the larger U.S. exchanges. Tanslation: IMO potential much higher stock price short term and very good long term investment. (provided everything falls into place for these guys)...anyway I think a very interesting story... All facts and figures were the best I could put together and may not be completely accurate. Lets hope this company does it. Huge potential here. Cray