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John: I hope you get an answer. Just remember Radomir is very busy and often takes a week or more to answer. I have sent quite a few that were never answered as well, though most were more like a FYI type message.
He may have you confused with someone who caused the company problems in the past and feels there is nothing to be gained with any sort of dialog.
There are posters here whose suspected activities in the past interferred in the company negotiations with it's potential customers. This is a typical activity that bashers employ to damage a company and/or tarnish their reputation. I have seen it in the past in other companies and is almost always the reason given for silence about specific financial events. The basher typical response is just doing DD and raising questions that are in fact statements designed to create doubt rather than a legitimate question. They also gang up and inundate a potential customer with data traffic which becomes quite annoying to the customer.
SharonB
Tunisia: "La Banque De Tunisie" Elected as Best Tunisian Bank By Major International Investment Firm
Tunisia Online (Tunis)
25 May 2007
Posted to the web 28 May 2007
Tunis
"La Banque de Tunisie" was recently elected as the best bank in Tunisia by a major international investment firm, "The Global Finance".
The choice of the bank was carried out according to the latest performances of the bank, as well as the improvement of its local and global competitiveness.
Observers note that this distinction testifies to the attention given by international financial firms to the Tunisian banking sector, which is rapidly improving its image well beyond Tunisia's borders.
The "Banque de Tunisie" will receive this new distinction in the sidelines of the annual meeting organized by the International Monetary Fund and the World Bank which is expected to take place on October 2007 in Washington.
http://allafrica.com/stories/200705280526.html
I find this news very interesting from ILCO's perspective.
Algeria’s monetary council targets up to 15% credit expansion in 2007
28/05/2007
Algeria's Council of Money and Credit (CMC) has set its sights on what would be a remarkable increase in economic credits in 2007. Up from the 7.6% increase in economic credits in 2006, the council predicted a growth rate of between 14% and 15% during the current financial year. By extending credit to the private sector through state-owned banks, the government aims at stimulating growth in GNP. The government in Algiers has allocated more than $60 billion for the current 2005-2010 five year period for investment in infrastructure and SME development in order to diversify the economy away from sole dependence on the hydrocarbons sector. The plan also calls for new affordable housing projects, transport and sewage modernization in rural areas. Do I see cement here in our future?SB
In related news Monday, Algerian press reported that the CMC has given authorization to the British bank HSBC to open its doors in Algeria, thus bringing the number of foreign banks operating in the country to thirteen. The bank would have an initial authorised capital of 2.5 billion dinars, to be increased in the third year to 3.67 billion dinars. HSBC is Europe's largest bank.
http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/section/news
SharonB
paunch13: That is about the most depressing post I have read about ILCO and coming from Kenneth raises some questions.
Kenneth and I come from basically the same direction when it comes to PRs. I have seen so many fluff pieces that only serve to damage the long term credibility of their respective companies by reflecting short term developments with meaningless statements. It can get so bad that even outstanding releases are ignored by investors as just another bit of propaganda and not worthy of serious consideration.
Unfortunately, it is true in very many Pink Sheet listed companies.
I find it strange that 2 major events, IMO, were completed without any fanfare.
That is the reduction of the Outstanding Shares. This is basically unheard of by Pink Sheet companies and a very strong and positive factor that must, again IMO, be factored in the decision to hold on and give the company more time or sell and move my interests attention elsewhere.
SharonB
Sam: Re banking facilities. As I understand it we only had Canadian banking facilities and the ILCO management was unhappy with the response time to arrive at a satisfactory conclusion. I believe it is the big business interests overshadowing small business deals syndrome, IMO.
At any rate we are dealing with establishing relations with North African banking institutions, governmental import/export officials, port authorities, etc. I can see why we might be having problems in timely executions and for that reason have been able to cut a little extra slack.
What I have a problem with is when the management makes a time estimate and do not meet that self imposed schedule and there is no response to that slippage. I believe we are due for an explanation and so far that is lacking.
We are a few days away from June and I sure hope we hear something before another timeline is passed without a proper response.
SharonB
From Radomir:Dear Sharon: First, sorry for not writing last week as promised, but I have been very busy. Regarding Ken and Empire Relations, they currently hold shares in the company and are not actively working for Innotelco. The company plans to resume its relationship with Empire Relations in the future as soon as we complete first phase of our projects.
With regard to your suggestion about public purchase on the open market. This is something that the company is planning to do, but are waiting for the right time. To update our shareholders. The Director of Innotelco responsible for the North African deals has been working hard over the last few months in finalizing the deals for commodity products and cement. It was decided that revenues from the initial deals would be rolled over into future contracts until such time that the Banks that are handling these transactions are satisfied and which would then enable us to enter into bigger and more profitable contracts. Therefore, revenues from these deals will remain in the Banks in North Africa so that the Banks can gain greater confidence and enable Innotelco and it's partners to enter into even bigger contracts. Best regards, Radomir-----
Here is my message to Radomir...
Comments: Radomir: I sent the following e–mail to Kenneth Macoria. It is a follow up from last week requesting confirmation about whether he is still our Investor Relations representative. Can you tell me what his status is? The other day I sent you an e-mail requesting something I can put on our message board. It crossed my mind in the past and I did mention it to you a very long time ago that when we can afford it, a public purchase on the open market of ILCO shares be approved by the Board of Directors. This could be announced in a PR with the number of shares allowed. These would become treasury stock and complete two good things for the shareholders. It would reduce the Float and indicate the confidence of our management by investing in the company. This would be especially true at these current prices.
SharonB
As a result of this email. I am removing Empire from our iBox
until they are actively our IR reps. SB
Short interest as of May 15
Short Percent Average Daily Days to
Interest Change Share Volume Cover
1,332 100 1,547,878 1
Short Interest for Aug. 2006 8/15/2006
1,332 0 2,256,321 1
Short Interest for Sep. 2006 9/27/2006
25,489 1.812.84 1,316,189 1
Short Interest for Oct. 2006 10/25/2006
1,332 -94.77 2,648,415 1
Short Interest for Nov. 2006 11/28/2006
149,855 11,150.38 1,505,665 1
Short Interest for Dec. 11/28/2006
22,708 -84.85 2,583,626 1
Short Interest for Jan. 1/25/2006
6,332 -72.16 2,531,253 1
Short Percent Average Daily Days to
Interest Change Share Volume Cover
Short Interest for Feb. 2/28/2007
64,702 922 1,751,716 1
Short Percent Average Daily Days to
Interest Change Share Volume Cover
Short Interest for Mar 3/27/2007 As of 3/15/2007 settlement date
56,576 -12.56 1,658,294 1
Short Interest for Apr 4/25/2007 As of 4/13/2007 settlement date
Short Percent Average Daily Days to
Interest Change Share Volume Cover
30,638 -46 738,813 1
Short Interest for May 5/25/2007 As of 5/15/2007 settlement date
Short Percent Average Daily Days to
Interest Change Share Volume Cover
1,332 -95.065 152,049 1
Secretary of GPC for Foreign Liaison and International Cooperation meets with Prime Minister of Slovakia.
Tripoli / 22.02.07 / Jana - Secretary of GPC for Foreign Liaison and International Cooperation discussed with Prime Minister of Slovakia the means to develop bilateral relations and promote friendly relations between the two countries.
During this meeting, attended by Assistant Secretary of GPC for foreign Liaison and International Cooperation, the Charge d`Affairs of the Libyan People's bureau in Slovakia, and ambassador of Slovakia to Great Jamahiriya, the Secretary has made a presentation regarding the vision of the Leader to solve the Middle East problem included in the White Book that he presented to the world.
The Secretary also extended a summary about the stances of Great Jamahiriya and its continued role in serving peace, and security issues, particularly in the Mediterranean and African region, and his efforts to solve the problem of Darfur.
The Secretary also discussed the Case of the Libyan Children, the victims injected with AIDS Virus, and their suffering with their families as a result of being injecting with this lethal virus.
For his part , the Prime Minister of Slovakia expressed the appreciation of his country for the efforts exerted by the Leader to realize peace, and stability in the African continent.
He praised in this regard the quadripartite summit hosted by the Leader's Tent Wednesday night.
Prime Minister of Slovakia expressed the readiness of Slovakia to treat a number of Libyan children , the victims injected with AIDS, and to contribute to any humanitarian work that may help them.
It was agreed during this meeting , in Tripoli to set up a mechanism to develop the bilateral cooperation and study the potentials for joint investment, and holding meeting between the economic activists in the two countries, in addition to the cooperation in the oil field.
The meeting also discussed the current international issues of mutual concern.
/ Jana /
http://www.jamahiriyanews.com/displayNews.php?lang=en&day=thu&tim=pm
Trial of 21 Islamic extremists opens in Mauritania on Monday
21/05/2007
The first ever trial of alleged Islamic extremists in Mauritania opened on Monday (May 21st) in Nouakchott. Twenty-one suspects, some of them charged with having links to Algeria’s former Salafist Group for Preaching and Combat (GSPC) have been brought to the Mauritanian capital's criminal court. Seven of the suspects are Mauritanians accused of undergoing military training by the GSPC, which recently changed its name to al-Qaeda Organisation in the Islamic Maghreb. Legal sources said the men were trained "to commit acts of terrorism in Mauritania and to wage war against foreign armies in Iraq." The defendants were arrested in April and June 2005, and have been charged with preparing the attack on a Mauritanian army garrison in Lemgheity, in northeast Mauritania, that killed 17 soldiers and wounded 69 others. It is the first time that a trial of alleged Islamists will take place in Mauritania. After his election, President Sidi Ould Cheikh Abdellahi promised a fast, just and unbiased trial for the suspected Islamists.
http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/section/news
Turkey hosts high-level meeting on maritime issues
21/05/2007
CANAKKALE, Turkey -- The western city of Canakkale is hosting the Balkan-Black Sea Regional Commission meeting of the Conference of Peripheral Maritime Regions of Europe (CPMR) on Monday (May 21st). More than 130 governors and other senior officials from Greece, Bulgaria, Romania, Estonia, Croatia, Ukraine, Belgium and Turkey are taking part. They are discussing new inter-regional co-operation and maritime transportation opportunities in the Black Sea region.
In other news, some 50,000 people joined a pro-secular rally held in the Black Sea town of Samsun on Sunday. This was the sixth such protest against the Islamist-rooted government ahead of the July 22nd general elections. It was in Samsun on May 19th, 1919, that Turkey's secular founder, Mustafa Kemal Ataturk, began the Turkish war of independence. (Radikal, Sabah, Hurriyet, Turkishpress.com - 21/05/07; UPI, AP, RFI - 20/05/07)
http://www.balkantimes.com/cocoon/setimes/xhtml/en_GB/newsbriefs/setimes/newsbriefs/2007/05/21/nb-08
CROATIAN PRESIDENT ADDRESSES G11 MEETING IN JORDAN
AMMAN, May 19 (Hina) - Croatian President Stjepan Mesic addressed a Group of Eleven (G11) meeting at the King Hussein Convention Centre at the Dead Sea in Jordan on Saturday, which took place on the margins of the World Economic Forum on the Middle East.#L#
"Democracy must not be imposed, but should be a reflection and an expression of the free will of the people of every country, and every model of democracy must take into account the specific characteristics of a country where it is being implemented," Mesic said in his address, stressing that democracy should also exist in relations between countries.
"Advocating the absolute freedom of interference in the internal affairs of others under the guise of the fight for democracy is unacceptable," he said.
Mesic said that economic liberalisation was important and that developing countries were counting on outside assistance to ensure their development and achieve the goals of their reform. "Developing countries, by investing in those less developed, actually work for their own benefit," he said.
Mesic said that Croatia joined G11, a forum of lower-middle income countries, although it does not fully fit the criteria on which the group was formed.
"By contributing to the development, our countries also make an unavoidable contribution to the promotion of peace and security in the world (...) and at the same time they also make their contribution to the fight against global terrorism," the Croatian president said.
"The fact that we are meeting here today, alongside the World Economic Forum, shows that the world needs us," Mesic concluded.
The meeting was opened by King Abdullah II of Jordan, who said in his remarks that promoting peace and progress in the 21st century was the vital common interest of the G11 members. He identified the group's four priorities as reducing their debts, promoting trade, attracting investment, and obtaining support from G8, the group of the eight most developed countries in the world.
G11 was established last year on King Abdullah's initiative. It gathers lower-middle income countries (Croatia, Ecuador, Georgia, Honduras, Indonesia, Jordan, Morocco, Pakistan, Paraguay, Sri Lanka, and Tunisia) for the purpose of coordinating their positions on such issues as trade negotiations, increasing direct assistance and easing the debt burden.
In their final declaration, the so-called White Paper, the G11 members stressed the need for further cooperation in trade, investment, communications, information technology, and tourism.
The next meeting is to take place on the margins of a meeting of the UN General Assembly in 2008, when a new country will be chosen as president of the group. Until then, the group will be led by Jordan.
http://websrv.hina.hr/nws-bin/genews.cgi?TOP=hot&NID=ehot/politika/H5196805.4yc
Bush Welcomes NATO Leader at Texas Ranch
Afghanistan, Kosovo, missile defense top agenda at Western White House
21 May 2007
By David McKeeby
USINFO Staff Writer
Washington – Security in Afghanistan, Kosovo’s future and European missile defense figured prominently in discussions between President Bush and NATO Secretary-General Jaap de Hoop Scheffer during a two-day meeting at the president’s ranch in Crawford, Texas.
“The secretary-general of NATO has been a strong advocate of fighting terror, spreading freedom, helping the oppressed and modernizing this important alliance,” Bush told reporters at a joint press appearance May 21.
The Dutch leader’s visit followed the president’s May 17 meeting in Washington with outgoing British Prime Minster Tony Blair and marked the beginning of several weeks of intensive diplomacy for Bush, including a visit to Germany for the annual Group of Eight (G8) Summit that will highlight the continuing security challenges facing the trans-Atlantic alliance.
Afghanistan topped the agenda, where Bush and Scheffer reiterated international support for a long-term comprehensive strategy to secure Afghanistan, strengthen its democratic institutions, and help its elected government create new economic opportunity. (See related article.)
The United States has contributed 15,000 troops to the NATO-led, 37-nation International Security Assistance Force (ISAF) in Afghanistan. An additional 10,000 U.S. troops lead a second multinational force focused on training 100,000 new Afghan soldiers and police officers under the auspices of Operation Enduring Freedom.
But Taliban forces have compensated for losses caused by the 36,000-strong ISAF spring offensive by adopting new tactics aimed at increasing civilian casualties, such as staging attacks on troops from compounds located in crowded neighborhoods and the use of suicide bombers and roadside bombs similar to those seen in Iraq. (See related article.)
Unlike the coalition, which strives to avoid civilian casualties, Bush said, “The Taliban likes to surround themselves with innocent civilians. That's part of their modus operandi. They don't mind using human shields because they devalue human life. That's why they're willing to kill innocent people to achieve political objectives.”
Nearly 1,600 Afghan civilians have been killed in insurgency-related violence in 2007, a statistic that is leading to protests against Afghan President Hamid Karzai, who has urged ISAF to exert greater caution. The rising civilian casualty figures also have sparked concern among some leaders of the 26-member NATO alliance about the mission’s future.
“Afghanistan is still one of the front lines in our fight against terrorism,” Scheffer said, “And it is my strong conviction that that front line should not become a fault line.”
Bush and Scheffer urged continued resolve, saying that more troops were needed and that several participating governments must give alliance commanders the tactical flexibility they need by lifting restrictions on how and where their troops can be used by NATO commanders.
“We'll work with our NATO allies to convince them that we must share more of the burden and must all share the risks in meeting our goal,” Bush said.
NATO LEADER SUPPORTS KOSOVO PLAN
Scheffer expressed support for U.N. special envoy Martti Ahtisaari's proposal for “supervised independence” for Kosovo, where 24 NATO members and 11 partner states maintain a 16,000-strong peacekeeping presence following the U.N. administration established in the Serbian province following the 1999 humanitarian crisis.
The U.S. is backing a U.N. Security Council resolution that would establish administration by the European Union, continue the deployment of the NATO-led peacekeeping force and allow Kosovo authorities to declare independence while remaining under international supervision.
Russia, a permanent member of the Security Council with veto power, has concerns about the plan, which Russia argues lacks safeguards for minority ethnic Serbs and might be used as a precedent to resolve “frozen conflicts” in neighboring Moldova, Georgia, and elsewhere along its periphery. (See related article.)
“A resolution is important,” Scheffer said. “The Ahtisaari proposals are good proposals.”
U.S. CONTINUES MISSILE DEFENSE TALKS WITH RUSSIA
The leaders also discussed the proposed installation of missile defense facilities in the Czech Republic and Poland -- another aggravating factor in U.S. and European relations with Russia.
The United States has advocated the bases as part of its commitment to protect its allies from a potential future missile threat from Iran and North Korea. The Kremlin continues to see the system as a threat, despite consultations by the United States on the project since 2006 and recent visits to Moscow by Secretary of State Condoleezza Rice and Defense Secretary Robert Gates to offer cooperation in the development and operation of the system. (See related article.)
Bush pledged that he would continue to engage Russia on missile defense, “to make sure that the Russians understand that this missile shield is not directed at them, but in fact, directed at other nations that could conceivably affect the peace of Europe.”
A transcript of remarks by Bush and Scheffer is available on the White House Web site.
For more information, see Rebuilding Afghanistan.
(USINFO is produced by the Bureau of International Information Programs, U.S. Department of State. Web site: http://usinfo.state.gov)
http://usinfo.state.gov/xarchives/display.html?p=washfile-english&y=2007&m=May&x=2007052....
Europe's second chance is approaching in the Balkans
By Morton Abramowitz
Commentary by
Tuesday, May 22, 2007
Confronting the disintegration of Yugoslavia in 1991, former European Union Council President Jacques Poos made his famous but now derided statement: "This is the hour of Europe ... not the hour of the Americans." What the EU learned from the subsequent four years of Balkan disasters under its management is now being tested by another major turning point and potential crisis- - when and how Kosovo is to become independent. Once again, Europe's role may well prove decisive.
The decision on Kosovo may not imply the prospect of renewed large-scale conflict, but it does raise serious questions for Europe's relations with Russia and the United States, as well as for stability throughout the Balkans. While the US has a major stake in the outcome, EU countries obviously have the most significant interests in the region, and perhaps this time they will assume a corresponding leadership role.
For at least the next two months, the United Nations Security Council will debate a blueprint for Kosovo's future, arduously worked out during a year of "negotiations" between the governments in Belgrade and Pristina by UN envoy and former Finnish President Martti Ahtisaari. The blueprint provides for Kosovo's "supervised independence," maximum protection for Serb and other minorities, and a supervisory role for the EU. Ahtisaari's proposal is an acknowledgement that no agreement between the parties is possible, and that there is no constructive alternative to Kosovo's independence.
Together with the US, the EU collectively has rallied around the Ahtisaari proposal. But individually, a number of European countries - Spain, Greece, Italy, Cyprus, Romania, Slovakia, and Austria - are skeptical or negative toward Kosovo's independence, which raises profound questions about the EU's resolve.
Meanwhile, Serbian Prime Minister Vojislav Kostunica is waging a tireless and remarkably effective diplomatic campaign denouncing both Ahtisaari and his proposal. He has strengthened the position of many in Europe and elsewhere who are skeptical of challenging a country's territorial integrity or who still claim to believe in a negotiated settlement.
More worrisome is the current uncertainty about whether a shaky Europe will stand up to Russia, upon which Serbia depends to maintain sovereignty over Kosovo. So far, the Kremlin has resolutely stated it will accept only a settlement agreed to by both parties, in effect endorsing Serbia's position.
While conveying the possibility of a veto, Russia's current strategy is to delay a Security Council vote as long as possible by prompting a new fact-finding mission to Kosovo, which will most likely be followed by renewed insistence on another effort to negotiate a settlement. Serbia welcomes a delay in the hope that this will stimulate violence by frustrated Kosovars, thereby increasing Europe's opposition to independence and bolstering Serbia's dedication to maintaining the status quo, or, as a last resort, to partitioning Kosovo.
http://www.dailystar.com.lb
Some European countries apparently believe that they can maintain an EU consensus in support of Ahtisaari's plan but allow Russian foot-dragging on the grounds that delay is not unreasonable and something better may turn up with additional negotiations. But, by adopting such a stance, they thwart their own envoy and may well stimulate the violence they profess to abhor.
History offers little consolation. The EU's handling of relations with Serbia in the past only encouraged intransigence. Instead of repeatedly making clear that Kosovo independence is an indispensable requirement for EU membership - so important to Serbia's modernization and Balkan stability - EU leaders like Javier Solana laud Kostunica as a great democratic leader. They relentlessly but unsuccessfully pressured Montenegro's leaders to remain in a dysfunctional union with Serbia, condoned Kostunica's dubious 2006 referendum on a new Constitution enshrining Kosovo as a part of Serbia, and weakened demands for Serbia's cooperation with the International Criminal Tribunal in The Hague.
Realizing Ahtisaari's proposal will depend on EU solidarity and persistence, coupled with strong American support, to manage the vicissitudes of UN debate, lobby skeptical non-permanent Security Council members, such as Indonesia and South Africa, and persuade Russia to abstain rather than exercise its veto.
Many believe that Russia will not risk its relations with Europe and the US, ultimately abstaining if Western countries hold firm. But Russia appears to be in a Gaullist mood, and has other outstanding issues causing friction with the US and Europe. Vladimir Putin's Russia is not Boris Yeltsin's Russia, when the West could simply shunt aside Russian concerns. Europe is vulnerable on many fronts, particularly in view of its dependence on Russian energy, while the weakened US presidency has diminished American influence over Russia.
If Russia does veto the Ahtisaari plan, the EU's united facade will likely fracture, with many European countries refusing to join either the US in recognizing an independent Kosovo without the UN's blessing or to send a supervisory mission there. That would open a new and tumultuous era in the Balkans, with more than Kosovo at stake. Indeed, with the UN and the Western alliance in disarray, the region could fall victim to further Russian policy mischief.
Morton Abramowitz is a senior fellow at the Century Foundation and a former president of the Carnegie Endowment for International Peace. THE DAILY STAR publishes this commentary in collaboration with Project Syndicate (c) (www.project-syndicate.org).
http://www.dailystar.com.lb/article.asp?edition_id=1&categ_id=5&article_id=82409
alopex63 and ff. I did in fact talk to Radomir as I posted and did in fact hear the same comments you posted. I believe what I heard and only verified what I interpreted your post was meant to express. If I am in error please let me know via PM or here on this board.
FWIW, I sent an e-mail yesterday asking for SOMETHING I can post from the management.
SharonB
Just read this on another board and it seems to fit here also.
Our job now is to sit in the dark, with no guidance, because information to us, is information to the enemy.
SharonB
Secretary of GPC for Foreign Liaison and International Cooperation meets with Prime Minister of Slovakia.
Tripoli / 22.02.07 / Jana - Secretary of GPC for Foreign Liaison and International Cooperation discussed with Prime Minister of Slovakia the means to develop bilateral relations and promote friendly relations between the two countries.
During this meeting, attended by Assistant Secretary of GPC for foreign Liaison and International Cooperation, the Charge d`Affairs of the Libyan People's bureau in Slovakia, and ambassador of Slovakia to Great Jamahiriya, the Secretary has made a presentation regarding the vision of the Leader to solve the Middle East problem included in the White Book that he presented to the world.
The Secretary also extended a summary about the stances of Great Jamahiriya and its continued role in serving peace, and security issues, particularly in the Mediterranean and African region, and his efforts to solve the problem of Darfur.
The Secretary also discussed the Case of the Libyan Children, the victims injected with AIDS Virus, and their suffering with their families as a result of being injecting with this lethal virus.
For his part , the Prime Minister of Slovakia expressed the appreciation of his country for the efforts exerted by the Leader to realize peace, and stability in the African continent.
He praised in this regard the quadripartite summit hosted by the Leader's Tent Wednesday night.
Prime Minister of Slovakia expressed the readiness of Slovakia to treat a number of Libyan children , the victims injected with AIDS, and to contribute to any humanitarian work that may help them.
It was agreed during this meeting , in Tripoli to set up a mechanism to develop the bilateral cooperation and study the potentials for joint investment, and holding meeting between the economic activists in the two countries, in addition to the cooperation in the oil field.
The meeting also discussed the current international issues of mutual concern.
/ Jana /
http://www.jamahiriyanews.com/displayNews.php?lang=en&day=thu&tim=pm
Due diligence on Algeria's CPA bank to start on May 21st
10/05/2007
The six banks shortlisted for the next round of tenders for the privatisation of Credit Populaire d'Algerie (CPA) will be allowed to begin due diligence on the bank on May 21st, Algeria's Minister-delegate for Financial Reform Karim Djoudi announced Wednesday (May 9th). The process is expected to wrap up by the end of June to allow potential investors to submit bids in July. BNP Paribas (France), Citibank (US), Credit Agricole (France), Natexis-Banque Populaire (France), Santander (Spain) and Societe Generale (France) are all potential bidders. The deal is part of broader efforts by Algeria to modernize its aging banking sector. Privatisation revenues are projected to reach $1.5 billion when the state sells a 51% stake in the bank.
http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/section/news
ILCO---Hi Mason, thanks for the invite to your new board. This first post is a little lengthy. There is much to cover. Current status, waiting for news on contract completions which IMO, are overdue. Will explain later but have been advised they will not be PRd as a fluff piece. This is also confirmed by our Investor Relations representative. No company posting until deal is signed, sealed, delivered, and the money in hand. Current price .0018.
Volume trailing off, pps subject to large percentage moves on very small volume.
You know, b/d 100 sh to 5K moves the stock 15% or more on low volume days. The pps advances on very small volume and the decision to make, if you like the concept, is to get in now at these lower prices near a, imo, support price, or after the price breaks. It appears there is little actual float as the up movements take little volume to move 25% or more.
SharonB, iHub board moderator.
DD from past posts on this ILCO board for new and interested investors. Remember never invest more than you can afford to lose.
This is a startup company and very speculative at this time.
Has had 2 reductions in the OS, Unheard of for a pinky.
http://www.investorshub.com/boards/read_msg.asp?message_id=17001053
Authorized Shares: 3B
Outstanding Shares: 513,700,617
Restricted Shares: 164,500,000
Float: 349,200,617
Updated 2/09/2007
The transfer agent is Standard Registrar
their number is 801.571.8844.
ILCO Updated Chart
http://stockcharts.com/def/servlet/SC.web?c=ILCO,uu[h,a]daclyyay[pb50!b200!f][vc60][iut!Ub14!La12,26....
A recent excellent follow up w CEO! Posted by: alopex63 and confirmed by SharonB follows.
In reply to: None Date:5/8/2007 1:55:10 PM
Post #of 5065
OK, I just spoke to Radomir. He says that as far as the N. African deals are concerned, everything is complete, and receiving the money is just a matter of time. Things have been delayed thus far by the need to deal with N. African gov't agencies over inspections, etc., and also the complexities of the international banking system-- arranging trading accounts, letters of credit, American/Canadian banks communicating with N. African banks, etc. He believes that by the end of May/early June they will be able to announce resolution of those issues, as well as "a few" other deals.
Confirmation voice only. I asked him for an e-mail I can post to the board. He indicated possibly this weekend. (SB)
I also talked with Radomir yesterday for the first time and can confirm the same was told to me. I felt reassured by his knowledge of international banking. We discussed,my favorite, moving to Dubai as they are western friendly and have respect in that part of the world. He preferred Saudi Arabia which also makes sense. In that part of the world contacts who have juice are all important and his father worked and lived there. His father was involved with the shipping industry with a large number of ships. We have name recognition and family friends on our side. Our cost basis of operations is quite low as most all are part timers with their own other source of income. Radomir is not especially interested in solely making a lot of money and is more interested in building the business and draws a minimal salary. His business philosophy can be evidenced by his insistence in establishing long term contracts rather than a single or couple of transaction deal. It is too easy to change conditions of the contract from shipment to shipment even to the point of cancellation. He is very much interested in cement contracts in the Baltic region where we also have contacts. There is tremendous growth in that region and cement demand is huge.
Heaven only knows what else is on his mind.
SharonB 10/10/2007
iHub board link for more DD.
http://www.investorshub.com/boards/board.asp?board_id=3810
A recent excellent follow up w CEO! Posted by: alopex63 and confirmed by SharonB which follows.
In reply to: None Date:5/8/2007 1:55:10 PM
Post #of 5065
OK, I just spoke to Radomir. He says that as far as the N. African deals are concerned, everything is complete, and receiving the money is just a matter of time. Things have been delayed thus far by the need to deal with N. African gov't agencies over inspections, etc., and also the complexities of the international banking system-- arranging trading accounts, letters of credit, American/Canadian banks communicating with N. African banks, etc. He believes that by the end of May/early June they will be able to announce resolution of those issues, as well as "a few" other deals.
Confirmation voice only. I asked him for an e-mail I can post to the board. He indicated possibly this weekend.
I also talked with Radomir yesterday for the first time and can confirm the same was told to me. I felt reassured by his knowledge of international banking. We discussed moving to Dubai as they are western friendly and have respect in that part of the world. He preferred Saudi Arabia which also makes sense. In that part of the world contacts who have juice are all important and his father worked and lived there. His father was involved with the shipping industry with a large number of ships. We have name recognition and family friends on our side. Our cost basis of operations is quite low as most all are part timers with their own other source of income. Radomir is not especially interested in solely making a lot of money and is more interested in building the business and draws a minimal salary. His business philosophy can be evidenced by his insistence in establishing long term contracts rather than a single or couple of transaction deal. It is too easy to change conditions of the contract from shipment to shipment even to the point of cancellation. He is very much interested in cement contracts in the Baltic region where we also have contacts. There is tremendous growth in that region and cement demand is huge.
Heaven only knows what else is on his mine.
SharonB 10/10/2007
joel0111: Don't you and Ross (Ross Sehovic, CEO & President) go way back. I think you had some dealings that may have had some problems? Anything to it, like representing the company or something like that?
To my knowledge I believe he is still with Innotelco.
I have only spoken or e-mailed info with Radomir Popovic, Vice President.
SharonB
neggar0:Can't swear to it, but believe it is still in progress. We will probably get a PR once it is completed to the point where all the financial arrangements are done and an announcement can be made without endangering further contracts in ALL areas in the region.
This is a very sensitive situation and when dealing in that part of the world, a mans bond/reputation, is of premium importance. It may develop that should too much, if any, information was announced it might jeopardize other contracts. I’m fairly certain great thought will be given to the construction of any PR about the details of the contracts.
SharonB
neggar: Follow up. Old article but an indication of where they are/want to go.(SB)
INNOTELCO Discusses Results of Recent Board of Directors Meeting
Wednesday December 20, 8:45 am ET
Contracts Discussed Are Expected to Realize in Excess of $7 Million in Revenues for INNOTELCO in 2007
TORONTO--(MARKET WIRE)--Dec 20, 2006 -- INNOTELCO, Inc. (Other OTC:ILCO.PK - News) today announced the results of its recent board meeting. The company continues to diversify itself by reducing its concentration on transactions within the telecommunications sector to a company that is fast becoming a facilitator of large scale commodities transactions. These commodities include barley, sugar and oil, in addition to commodity-type hardware such as telecommunications products. INNOTELCO is applying this strategy because of the higher margins that can be realized in these large scale commodity transactions.
INNOTELCO is entering the final stages of negotiations for a long-term contract to supply sugar which will be shipped on a regular basis from Brazil to Algeria, Tunisia, Sudan and Libya. In total, the shipments will represent approximately 500,000 metric tons of cane sugar. INNOTELCO expects to realize revenues in excess of $2.5 million and as much as $5 million from this contract. The contract is expected to be signed this month and initial shipments are expected to begin in January 2007.
In addition, the company's directors have made final arrangements for a feed barley shipment which will originate in Eastern Europe and is destined for North Africa. The company is expected to realize a net income of $192,000 from this deal.
Radomir Popovic, Vice President of Sales and Marketing for INNOTELCO, stated, "Much effort has gone into setting up an infrastructure which will allow our company to easily facilitate shipments from South America, China and Eastern Europe to North Africa. We believe we will finally realize the results from the tremendous amount of work that has gone into building this worldwide system. I personally have made several trips over the past year to Eastern Europe and North Africa to help complete these transactions."
Disclaimer follows at this link.
http://biz.yahoo.com/iw/061220/0197013.html
SharonB
Important Kuwaiti economic delegation visits Algeria, Morocco
09/05/2007
A delegation of the Kuwait Chamber of Commerce and Industry (KCCI), headed by the chamber's president, Ali Al-Ghanim, arrived Tuesday (May 8th) in Rabat on a four-day visit aimed at examining the economic climate and investment opportunities in Morocco. The delegation is scheduled to participate in a business forum in Casablanca and meet with Prime Minister Driss Jettou.
The delegation's visit to Morocco follows meetings in Algeria, where Al-Ghanim underscored his country's determination to boost investments in the country. "We are only requesting technical data to launch our projects," he said. On Tuesday the Kuwaiti delegation met Abdelhamid Tammar, and other Algerian officials to discussed investment legislation.
http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/section/news
neggar0> I vaguely remember something like this. The commodity business was discovered while pursuing the electronics business. I think it came up while looking for financing and working with Transalantik. As I understand it it is still a part of their portfolio.
SharonB
Time and sales. time 12:34 action-None Vol zip, zero, nada.
I sent sn e-mail to the management requesting an update.
SharonB
Rec. Time Action Price Volume
12:15:42 PM Trade 0.0017 50000 $85.00 hardly worth effort
12:15:30 PM Trade 0.0022 10000
12:11:54 PM Trade 0.0024 10000
11:55:46 AM Trade 0.0024 10000
11:51:26 AM Trade 0.0023 25000
11:51:12 AM Trade 0.0023 10000
11:50:52 AM Trade 0.0022 50000
11:50:42 AM Trade 0.0021 50000
11:50:20 AM Trade 0.002 5000
11:49:58 AM Trade 0.002 10000
11:48:30 AM Trade 0.0019 50000
11:46:04 AM Trade 0.0019 10000
11:45:02 AM Trade 0.0017 5000
11:45:02 AM Trade 0.0017 25000
Total 320,000
Time & Sales most recent next page
Rec. Time Action Price Volume
11:55:46 AM Trade 0.0024 10000
11:51:26 AM Trade 0.0023 25000
11:51:12 AM Trade 0.0023 10000
11:50:52 AM Trade 0.0022 50000
11:50:42 AM Trade 0.0021 50000
11:50:20 AM Trade 0.002 5000
11:49:58 AM Trade 0.002 10000
11:48:30 AM Trade 0.0019 50000
11:46:04 AM Trade 0.0019 10000
11:45:02 AM Trade 0.0017 5000
11:45:02 AM Trade 0.0017 25000
Total 260,000
OT: I had a Grey Goose vodka martini last night. True.
Are we talking the same language?
SharonB
You both have great points. My problem with buying after the stock has ticked up and the mm's are playing their games is that is that is often a high or near high and the downside sets one up to be either a captured long or in a losing situation. The decision is to cut losses and move on is a hard one unless you have dicipline and a pre-established permissable loss figure. For pinkies, I use 25% as anything less is often done in a single trading day.
It has happened to me that the stock fell through my stop-loss figure and I became a long, long, long time shareholder waiting for the next up move. This is captured money and a lousy position to be in.
Re. ILCO, I have averaged down, again a lousy position, but at these levels I am reasonably comfortable with the support level. Without any volume this could be another bummer and an example for not investing more than you can afford to lose.
SharonB
Yea, their even in Morroco. The Dems just don't understand this war. Iraq is just one battle that will be a series of many all throughout the world. England and France are well aware of home grown terrorists. The Arab countries also don't want terrorism. We have many allies, but they are reluctant to show it. To do so would invite trouble.
SharonB
Reverberations of war in Iraq
By James J. Zogby, Special to Gulf News
Across the Middle East and North Africa, a series of tragic events occurred last week against the backdrop of still more bad news.
With the discovery of an Al Qaida cell in Morocco, and deadly suicide terrorist attacks in Algiers and the National Parliament in Baghdad, it is now clear that Bin Laden's cancerous group has metastasised, spawning affiliates and copy-cat groups across the region. What is also clear is that war in Iraq is aggravating this growth in two other ways.
On the one hand, the war itself, the occupation and the behaviour associated with it, have fuelled extremism. Of equally deadly consequence is the fact that Iraq is now playing the role once reserved for Afghanistan. Reports coming out of Morocco and Algeria, establish that hundreds of young men from both countries have travelled to Iraq for training and combat, and have returned to their home countries with evil intent.
If all this were not bad enough, other news out of Iraq and Afghanistan combine to raise even more serious questions about the efficacy of the Bush Administration's approach to combating terrorism and extremism.
In Iraq, demonstrations led by Moqtada Al Sadr brought out hundreds of thousands of Iraqis calling for an end to the US presence in their country. In a surprising display of unity in Najaf, Sunni and Shiite clerics walked together, in the mass mobilisation. This outpouring came in response to Al Sadr's call to all Iraqis to cease fighting each other in sectarian attacks and to unite around a single cause: ending the United States' 'occupation' of Iraq. A possible contributing factor to this display of unity may be found in a US Pentagon report noting that casualties in Iraq have actually increased since the beginning of the Bush Administration's 'surge'. While it is true that violence has decreased in Baghdad, it is more than offset by killings in the rest of Iraq as insurgents and sectarian terrorists have dispersed to other locations.
But, Baghdad is still not safe, as was made clear on Thursday when a suicide bomber penetrated multiple layers of security to detonate his bomb in the cafeteria of the Iraqi Parliament building. All of this directly challenged the notion that the 'surge' is working. In Afghanistan things are no better; Taliban attacks are up, as are Nato casualties. A recent report by a former US army general claims that much of Afghanistan has reverted into a lawless narco-state. Others are now blaming the current setbacks in Afghanistan on the lack of US attention to unfinished business in that country, accusing the Bush Administration of diverting its resources and its focus to Iraq.
New strategy
Allied defence ministers met in Canada to deal with growing concerns about lack of forces and lack of adequate equipment, and increased lethality of Taliban attacks, with the fear that more are yet to come. With the spring thaw literally preparing the ground for a renewed Taliban offensive, the defence ministers of the six Nato nations with troops on the ground in Afghanistan discussed a new strategy that focused more heavily than ever before on providing assistance to the Afghan people, particularly in rural areas. Why? Because the assembled leaders realise that after five years of fighting they are no closer to a military solution than before. It is clear that the gathered defence ministers, retired military personnel, and analysts familiar with the situation agree that the effort will require at least 10 more years and tens of billions of dollars. Many doubt that there is sufficient commitment from the Bush Administration to get the job done. All in all, a bad week.
What is required is a change of course that would help stabilise and build Afghanistan, create national reconciliation and promote reconstruction in Iraq, and work toward a comprehensive Middle East peace that will foster the emergence of a strong regional coalition capable of defeating extremism and terrorism. That, of course, would require an admission that current policy is not working. But, despite bad news, the Bush Administration seems to believe that its policies are working and seems convinced that the way out of this hole they have dug for themselves and the region is just to keep on digging.
Dr James Zogby is the president of the Arab American Institute in Washington, DC.
http://archive.gulfnews.com/articles/07/04/16/10118531.html
Security services facing Al Qaeda peril
An official source told El Khabar that a delegation from general direction of national safety -DGSN- is participating as of Monday in a security meeting in the Libyan capital Tripoli which gathers officials of security services in Maghreban countries in order to think out means of counter terrorism in the region.
Sources made clear that the motives of the conference are the upheaval on the security field in Maghreb region after the explosions shaking Algeria and Morocco. The sources reported that the meeting is being held under the auspices of Al Mouaâtasim, Libyan president Mouammar Al Kadhafi son. Speakers came up unanimously to the conclusion that security systems in most of Maghreb region countries are precarious, and Algiers and Casablanca bombings raise the awareness as regards the threat neglected so far.
DGSN executives put in review Algerian counter terrorism mechanisms in cities and gave the data about the Al Qaeda organization in the Islamic Maghreb geographic positions. The discussions tackled also capacity building issues in terms of wire tapping and communication technologies used by terrorists namely internet.
So, security experts exchanged views and experiences concerning terrorist groups affiliated to Al Qaeda in the region.
Security services facing Al Qaeda peril
An official source told El Khabar that a delegation from general direction of national safety -DGSN- is participating as of Monday in a security meeting in the Libyan capital Tripoli which gathers officials of security services in Maghreban countries in order to think out means of counter terrorism in the region.
Sources made clear that the motives of the conference are the upheaval on the security field in Maghreb region after the explosions shaking Algeria and Morocco. The sources reported that the meeting is being held under the auspices of Al Mouaâtasim, Libyan president Mouammar Al Kadhafi son. Speakers came up unanimously to the conclusion that security systems in most of Maghreb region countries are precarious, and Algiers and Casablanca bombings raise the awareness as regards the threat neglected so far.
DGSN executives put in review Algerian counter terrorism mechanisms in cities and gave the data about the Al Qaeda organization in the Islamic Maghreb geographic positions. The discussions tackled also capacity building issues in terms of wire tapping and communication technologies used by terrorists namely internet.
So, security experts exchanged views and experiences concerning terrorist groups affiliated to Al Qaeda in the region.
Security services facing Al Qaeda peril
An official source told El Khabar that a delegation from general direction of national safety -DGSN- is participating as of Monday in a security meeting in the Libyan capital Tripoli which gathers officials of security services in Maghreban countries in order to think out means of counter terrorism in the region.
Sources made clear that the motives of the conference are the upheaval on the security field in Maghreb region after the explosions shaking Algeria and Morocco. The sources reported that the meeting is being held under the auspices of Al Mouaâtasim, Libyan president Mouammar Al Kadhafi son. Speakers came up unanimously to the conclusion that security systems in most of Maghreb region countries are precarious, and Algiers and Casablanca bombings raise the awareness as regards the threat neglected so far.
DGSN executives put in review Algerian counter terrorism mechanisms in cities and gave the data about the Al Qaeda organization in the Islamic Maghreb geographic positions. The discussions tackled also capacity building issues in terms of wire tapping and communication technologies used by terrorists namely internet.
So, security experts exchanged views and experiences concerning terrorist groups affiliated to Al Qaeda in the region.
http://www.elkhabar.com/FrEn/lire.php?ida=67075&idc=52
Algeria's religious authorities condemn terrorist attacks
24/04/2007
Algeria's Religious Affairs Minister Abu Abdellah Ghlamallah gathered imams on Sunday (April 22nd) in Algiers to denounce the April 11th deadly bomb attacks in Algiers and all terrorist operations. "Foreign fatwas brought about terrorism," said the minister, calling for an end to "religious advice imported from abroad," local press reported. The meeting ended with a communiqué describing the attacks as "a breach" of Qur'anic law which says that life, decency and properties must be preserved. The statement also indicated that unemployment, exclusion and ignorance cannot serve as justifications for terror. Ghlamallah said that rather than being victims of terror, mosques are places which bring about terror. El Khabar quoted him as saying that 96 mosque employees in Algeria have been killed by terrorists.
http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/section/news
Algeria banking system under international financial institutions scrutiny
Algeria bank governor Mr. Mohamed Laksaci unveiled yesterday that a joint delegation from the IMF and the World Bank is visiting Algeria in order to assess financial stability indicators. The delegation is to visit Algeria next June in order to elaborate a detailed report on banking system in Algeria. At the mean time, IMF representative called to the need to settle surplus in bank cash and tighten control over foreign bank subsidiaries. He warned that state owned banks are not spared even if private ones are more vulnerable to shakes.
During the meeting of Africa central banks on bank control organized in Al Aurassi Hotel Algeria bank governor made clear that there are increasing banking risks the fact that reinforced the tendency towards an attempt to adopt Bale commission caution rules.
On this ground, the joint delegation visited Algeria in an attempt to define strong and weak points in terms of risk management, bank control and loan policies.
The delegation is to visit Algeria next June before submitting an exhaustive report on Algeria Bank relation with monetary market and other international banks.
On another side IMF Representative Mr. Sean Craig Monetary and Exchange Affairs Department head put in review main indicators on which financial stability indicators assessment rely.
The international expert stressed that cash surplus means not that banks are spared, it rather enshrines a problem in loan efficiency and a lack of trust among savers.
The international expert further warned that state owned banks are not spared by shakes affecting the most private ones as they are not backed enough while the state covers public bank deficit through recapitalization.
IMF representative revealed that new measures are to be adopted in order to tighten control over foreign bank subsidiaries especially when it comes to financial flows and loans.
http://www.elkhabar.com/FrEn/lire.php?ida=67072&idc=52
Ilco Short interest history. Note the average volume. Help.
Short Interest for July 2006 7/14/2006
Short Percent Average Daily Days to
Interest Change Share Volume Cover
1,332 100 1,547,878 1
Short Interest for Aug. 2006 8/15/2006
1,332 0 2,256,321 1
Short Interest for Sep. 2006 9/27/2006
25,489 1.812.84 1,316,189 1
Short Interest for Oct. 2006 10/25/2006
1,332 -94.77 2,648,415 1
Short Interest for Nov. 2006 11/28/2006
149,855 11,150.38 1,505,665 1
Short Interest for Dec. 11/28/2006
22,708 -84.85 2,583,626 1
Short Interest for Jan. 1/25/2006
6,332 -72.16 2,531,253 1
Short Percent Average Daily Days to
Interest Change Share Volume Cover
Short Interest for Feb. 2/28/2007
64,702 922 1,751,716 1
Short Percent Average Daily Days to
Interest Change Share Volume Cover
Short Interest for Mar 3/27/2007 As of 3/15/2007 settlement date
56,576 -12.56 1,658,294 1
Short Interest for Apr 4/25/2007 As of 4/13/2007 settlement date
Short Percent Average Daily Days to
Interest Change Share Volume Cover
30,638 -46 738,813 1
SharonB
ff:I'd post time and sales if there were any.eom
This can't hurt ILCO and might help if China/Tunisian trade is enhanced.
Top Chinese official arrives in Tunisia
16/04/2007
Jia Qinglin, chairman of the National Committee of the People's Political Consultative Conference (CPPCC), China's top political advisory body, arrived in Tunisia on Sunday (April 15th) for a three-day working visit at the invitation of Abdallah Kallel, speaker of Tunisia's Chamber of Advisors. Tunisia is the first stop on Jia's African tour, which is set to include Ghana, Zimbabwe and Kenya. Xinhua quoted Jia as saying that his visit to Africa aims to create consensus between Chinese and African leaders, and to further the implementation agreements reached last November at the Beijing summit of the Forum on China-Africa Co-Operation (FCAC). Jia voiced his hope to strengthen bilateral relations with Tunisia and to boost economic and trade co-operation. (TAP, Xinhua, La Presse)
http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/section/news
---From the same link.
Sonatrach announces four new oil and gas discoveries
16/04/2007
Sonatrach announced four new hydrocarbon discoveries Sunday (April 15th) in Algeria's southeast Berkine and Illizi basins. In the Berkine basin, Sonatrach and Canada’s First Calgary Petroleum made a gas discovery with an estimated output of 2,006 cubic metres per hour. In Illizi and West Ihansaten, Sonatrach and Medex North Africa made two gas and oil discoveries with a flow of 2,875 cubic metres per hour. Sonatrach discovered the fourth gas field in partnership with Petroceltic International in the Illizi basin with an estimated flow of 7,905 m3/hour. Since the beginning of the year, Sonatrach has made six hydrocarbon discoveries. These discoveries and the completion of maintenance projects on several oil facilities are expected to increase Algeria's hydrocarbon supplies. (Sonatrach website, APS)
starboy: Thanks for sharing. It was a well written email and I suspect Ken may have had a hand in its preparation. Looks like a normal delay with no ulterior motives or problems. Darn good stuff, IMO.
I hadn’t heard there were political problems in the Black Sea area that might effect shipping, import/export, and I follow Baltic news fairly often. Guess I’ll have to increase my news outlets.
Again thanks, we need news like that.
SharonB
hirohito1: I believe that by understanding the investment climate in that part of the world is imperative to evaluating the future potential for ILCO.
I saddens me deeply that you appear to be so short sighted and short term oriented. Your posted comments present the company prospects in such a poor light that were I to believe them I would not invest here.
For a long positioned shareholder, if you are, then why do you do it? I have never understood the strategy of knocking a company that you have a long position?
SharonB
There are now audio recordings of the Maghreb conference last Feb available for those interested in learning about this part of the world. I am just getting started but find it a very interesting topic and one I can plead total ignorance about.
This appears to me to be a good jumping off point to learn about this important part of the world.
http://maghrebcenter.org/eventsisaudio.shtml
Contents:
Georgetown University
Thursday, February 8, 2007, 9:00AM to 5:15PM
Marriot Georgetown Conference Center, Leavey Center, Salon H
Segment 1
Introductory remarks: Nejib Ayachi; Keynote speaker introduction: Stephen J. King. Keynote address: I. Carl Brown
Segment 2
Panel 1: Political Reform and Political Islam - Clement Henry, Ali Ahmida, Lindsay Benstead
Segment 3
Lindsay Benstead (continued)
Segment 4
Panel 2: The Security Environment in the Maghreb - John Entelis,
Peter R. Faber, Jacques E. Roussellier
Segment 5
Jacques E. Roussellier (continued), Noureddine Jebnoun, Q&A
Segment 6
Q&A (continuation, Panel 2)
Segment 7
Panel 3: Economic Development - Theodore Ahlers, Melani Cammett,
Heba F. El-Shazli, Lakhdar Boukerrou, Loubna H. Skalli
Segment 8
Loubna H. Skalli (continued); Q&A, Panel 3
Segment 9
Panel 4: International Relations and Regional Integration - Gregory White, Stuart Eizenstat, Yahia Zoubir, Salah Ferhi
Segment 10
Q&A, Panel 4
SharonB
OT: Happy Easter. We are going to the American Legion for their Sunday brunch. Today it is a special day with special meanings to many.
PS: I'll have an extra spicy Bloody Mary and think about our troops overseas, the hopes our investors have for our little company, and the good that can come from positive thinking.
God Bless,
SharonB