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   Microcap & Penny StocksSFDA....Stratford


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To: notime who wrote (48)4/4/1997 10:46:00 AM
From: MCorbley
   of 75
 
The symbol for this company is now HARD.

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To: MCorbley who wrote (49)4/4/1997 1:14:00 PM
From: stock4U
   of 75
 
stock is up almost 150% in three days.
any news?

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To: stock4U who wrote (50)4/6/1997 12:13:00 PM
From: Cabrina Dieters
   of 75
 
Chetan

I would like to know that too. Last information on the Edgar database Stratford was still trying to find an accountant willing to sign off on the financials. They've also changed their server to www.digitized.com/novacrete/. No recent press releases there or on the CA newswire. Excellent product from an engineering standpoint. What about the Eurotech Chernobyl connection?

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To: Cabrina Dieters who wrote (51)4/8/1997 8:19:00 PM
From: mark s
   of 75
 
Cabrina,
I began researching Stratford after reading an article in the November issue of Equities magazine. I found the technology intriguing, and see enormous potential in an extremely large market. I also liked the large profit margin potential. I was also very impressed with the web page that had been developed. However, I was concerned with the large stock price fluctuations that had taken place, so I made contact with Stratford and found out the whole story regarding the history of the company. I was very impressed with Roy McMillian, the new CEO. He brings 30 years of managment experience to the table. Roy accepted the position after the stockholders ousted the prior management. He seems to have the confidence, vision, and experience needed to turn Stratford around. It is too bad that he has to clean up such a mess left behind by the last management. During our discussion, I inquired as to the contents of the web page and the Equities article and their contents. Roy spoke honestly with me, stating that the product claims were true, (he believes that Novacrete is the best product on the market) but there was some embellishment, and some of the information was taken out of context regarding projections and contracts. I believe that this misinformation drove the price skyward, and ultimately caused the downward plunge. After taking over, Roy removed the information from the web page due to the inaccuracies, but plans to start adding information to it once the the new auditor report is complete. I believe he said the new auditing firm was Feldman/Radon. Feldman/Radon specializes in companies that have had problems in the past. From what I gathered from him, the audit was nearing completion. Although he expects the results to be very different that those reported in the past, a truthful audit should be good news for stockholders and the SEC. They've been holding off releasing information until the audit is complete. So the info should start flowing once the audit is released. Roy also mentioned that they should be in production of their product by April. Roy also stated that they just received test results from an additional product that will significantly increase their revenue stream.

I'm not suprised that the stock price has gone from .25 to the .60 -.70 range on much larger than normal volume. The word is getting out that this company, now with a great product and competent management is on the right track. I think the upside to this stock is enormous. Good luck to all.

Mark S.

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To: mark s who wrote (52)4/8/1997 8:46:00 PM
From: Thomas Kundrat
   of 75
 
I am hearing that the plant would be open in 60 days & that production would begin shortly after that. Did Mr McMillian state that production would begin this month?
If so are there any contracts in place for the product?
Seems like a huge potential if the patented polymer is as good as claimed.
Any idea when the audit would be complete?
Any plans for a plant in the U.S.?

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To: Thomas Kundrat who wrote (53)4/22/1997 10:59:00 AM
From: Thomas Kundrat
   of 75
 
I've heard the possibility that the number of outstanding shares could be reduced.
Anyone have any info on this?

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To: Thomas Kundrat who wrote (54)4/22/1997 10:56:00 PM
From: mark s
   of 75
 
Thomas,
I haven't heard of the recall of stock, but I did hear of the possibility of an additional stock offering. The funds from this sale would likely be used for operating or capital expenses, which are needed until a positive cash flow is established. The number of proposed shares was 2 million. This would dilute the E/P/S by about 20% when revenues are realized, but considering the undervalued stock price and the stocks potential, I'm not too concerned.
Mark S

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To: mark s who wrote (55)4/24/1997 10:14:00 AM
From: MCorbley
   of 75
 
The information on the shares to be cancelled, as well as the missing financials for the last year, are available at

biz.yahoo.com.

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To: MCorbley who wrote (56)4/24/1997 11:51:00 PM
From: mark s
   of 75
 
Michael,
Thanks for the info. Here's my take on the info provided. I would guess the share cancellation would be viewed as a positive, since there would be 18% fewer outstanding shares to dilute earnings. I would assume that since they mentioned the share cancellation in this news release that they are seriously considering taking this action. Therefore, I'd expect an announcement about end of April. Maybe May.

The news regarding the revised financial statements is also a good thing in my opinion. This company needs to put the past behind, and move on. Once the audited statements are published everyone will be able to get a feel of revenues, earnings, growth, etc.

It's good to see that they've retained an investor relations services.
This should help spread awareness amoung the investment community. If the growth follows, as I think it will, the stock price will adjust accordingly.

All in all, this information followed very closely with what McMillian told me in earlier communications. This reinforces my confidence in his honesty. Looks like he's doing the right things to me.

Mark S

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To: mark s who wrote (57)4/29/1997 3:55:00 PM
From: David Wideman
   of 75
 
Mark & all,

Excerpts from a Broker/Analyst News Update published by Windward
Communications on Jan. 7, 1997:

11/29/96 - then Stratford President, Mr. Arthur Smith and his spouse &
associate Board member, Ms. Lee Monaco, were removed from their respective
offices by a vote of a majority of Stratford's shareholders.

Roy McMillan was sole remaining Board member. (Per Tom @ ICC, McMillan
had previously been asked to join Board to lend it credibility. When he
came on board, he realized that Smith/Monaco were out of control, hence
the shareholder decision to remove them & retain McMillan.)

Brief bio of current Directors:

Mr. Roy A. McMillan - President & Chairman
Established & managed the Canadian Economic Assistance Program in English-
speaking Africa.
Then served 3 years on Board of Executive Directors of the World Bank.
Since 1989, McMillan has served as Advisor, Finance for the Canadian
International Development Agency; Advisor, project development & project
finance for Ontarion Hydro Int'l ($100M investment in Peru electricity)
in 1993-94; and established a company in Atlanta, now under negotiation for
sale, which holds patents for innovative designs for Nuclear Spent Fuel
Containment.

Mr. Douglas S. Friedenberg (45)
Has been President of Firebird Capital Management, a financial advisory
firm, since 1993. From 1991 to March, 1993, serves as President of Unicorn
Capital Management, an investment firm. From 1983 to 1991, he was an investment
manager at Morgan Stanley. Freidenberg also serves as Director of Datametrics
Corporation.

Mr. G. Collin Rayner (58)
Received law degree from Osgoode Hall in 1964.
He is corporate counsel for the Bank of Montreal and has a number of
business interests. He is the owner of Ternagami Wilderness Center, a
world renowned outdoor recreation facility.

On December 30, 1996, the company announced that an agreement had been
reached with Smith & Monaco whereby they relinquished all claim to further
involvement in Stratford, and all claims against the new directors & officers.

The new team has committed to expand the Board to 5 members as soon as possible.

NOW FOR THE FUN PART - $$$
From the same publication by Windward -
For starters - years 1 & 2:
<<With a first year production capacity of 9M pounds of additive, mgt.
believes that a realistic sales expectation for first year is 4M pounds. . .
Revenue expectations for the first year would then be $16M . . .
Management believes that the net margins may exceed 25% based on initial
analysis of production costs & requirements. Management further believes that if
market acceptance follows current indications, sales may double in the following
year. These statements are based on management's conservative revenue projections.>>

And by the fifth year (2001, I guess):
<< . . . NocaCrete managament believes it can capture 10% of this market,
or $250M per annum by the fifth year.>>
Now, just for kicks, get out your calculator and figure:
$250M @ 25% divided by 8.6M shares x PE of 20 = too good to even think about.

Of course, "the proof is in the pudding" & manufacturing faciltiy isn't
even open yet. Management sounds like they're taking the conservative
approach to things, so it may take awhile for this one to develop.
Until I hear something to the contrary of the above, think I'll just hide &
watch, let McMillan & Co. do their thing. I hope they do it well.

Hope this helps,
David

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