To: Wayne Rumball who wrote (105 ) 5/28/1999 12:46:00 PM From: Tom Allinder Read Replies (2) | Respond to of 186
DD on TRKR: Two days ago, I saw this news and have been watching the stock for the last two days. News:biz.yahoo.com TRKR is a fully reporting company. O/S: 39M Float: 20M The Tracker Corporation of America is a development stage company that develops, markets, sells and operates asset management, inventory control and personal property identification and recovery systems using advanced bar code and laser scanning technology. Tracker has 95 patents that cover their technology. How does it work? Symbol Technologies (SBL/NYSE)has 80% of the market with regard to bar coding. TRKR has the technology that will replace the current barcoding with a laser read bar code. The data within the bar code will contain the following info: Date the item was made, machine made on, date shipped, date received by the vendor, and the person who bought the item. Current bar codes contain far less info and if scratched, are rendered useless. Up to 90% of the laser bar code can be destroyed and will still be readable. Why is this a big deal? You will no longer have to fill out warranty cards and send back to the company. It will greatly reduce warranty fraud . It will eliminate the hassle of filling out the card and sending back to the Co. Explained below: If items are lost or stolen, they can be scanned at pawn shops and other outlets for stolen goods to see if the item is reported stolen or missing. How much money will this save The companies who manufacture the goods (example: Sony lost $100M in warranty fraud in 1998... Sony Computer Entertainment America, Inc., a wholly-owned subsidiary of Sony Corporation is using this technology from TRKR now), insurance companies and law enforcement officials? Schwinn is also using this technology. How can TRKR get other customers? Financing is in fact in place to make this happen. There are two sources of money that for the financing... sources can't be revealed due to insider info complications. Negotiations are underway with other companies to use the technology. Some of these companies are well recognized names. For example: A large computer manufacturer loses millions a year through warranty fraud. Why/How? People buy the computers from this large manufacturer, when they receive the computer, remove some of the "guts" of the system and send it back to the company. By the time the company realizes the parts have been replaced, the individuals are long gone. Using TRKR technology.... all of the interior components of the computer will be coded. This will make this type of crime much less attractive. The large, mail order manufacturers can especially benefit from this type of technology. I know something about this business already: It happens all the time right here in Va Beach. Supposedly reputable "dealers" sell name brand computers to individuals... The interior of the computer is "gutted" by the "dealer" and sold to unwitting customers, mainly at the "computer shows". The dealer then has the customer send the computer back to the manufacturer if anything goes wrong with it... That is, providing the customer can track down the "dealer". As mentioned earlier, TRKR owns all the patents for this technology... a recent suit from a worthless company was dismissed. TRKR has no pending lawsuits or other legal actions against them. They have full backing from Symbol Technologies. They have the financing, they have a board member now who is the former president of IBM Canada and IBM Japan. Finally, the attraction here is: If manufacturers and insurance companies can reduce fraud, they reduce their losses which adds to their bottom line. I am told there will continue to be very positive NRs coming. If you are interested in an investor packet, call the company at 416-593-2604. I bought 37K this morning at .185. AGAIN, AS USUAL, DO YOU OWN DD... Tom