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E-mail to and from Doug
To:
Sent: Wednesday, October 18, 2000 6:52 AM
Subject: Goodmorning Doug-
> Hello Doug,
> Since the release of the meat distribution facility and the grand
> opening of the boar stud facility, it has been quiet regarding both
issues.
> Is there any further information on either?
> Is the new distribution facility under operation and what is the
approximate
> rate of production?
> Has the BSF been cleaned and sanitized for operation?
> If so, is it in operation and what type of percentage is it running at?
> There has been a lot of speculation about Norsvin and STRU.If there is no
> connection I would think that you could say so and not be releasing any
> critical information. It would just be putting to rest a false rumor.
> I look forward to that answer.
> I thought I would also check on the magnificent "7"
> How are they doing?
> During one of our conversations, you had mentioned that we had lost 14
> piglets (or was it 18) due to being stillborn. Maybe the sow had pushed
too
> hard. Have we had any other births and or problems?
> Do you feel that she pushed too hard or that maybe the strain of so many
> piglets caused that to happen?
> Well, This one is loaded with questions so I will end this one. I will
> probably follow it up but I will let you move to the other 10,000 e mails
> awaiting you.
> Thanks for your reply and Have a great day
> Regards,
> Bill
Date: 10/18/2000 1:08:42 PM Eastern Daylight Time
From: dbeatty@struthersinc.com (Douglas Beatty)
To:
Dear Bill,
The boars in quarantine are to be in the Stud within days...Brent will
update me today. We are not at full capacity , however , breeding season has
just started so we are processing a large volume of semen from the other
Boar Stud which will role over to the new facility. Deer and Sheep semen
collection, AI and sales are way up..Dr. Gourley will give that presentation
at the SH meeting. The Morris Farm is getting a make-over and will have 1500
great grand parent gilts there by November.
The meat distribution facility has a 30,000 lb capacity which we will turn
every week starting Nov. 7th, the web site for ordering will be up by the SH
meeting, we are also adding natural chicken, lamb, venison, buffalo and all
natural BBQ sauce and breading (organic).
Most items will be on the web for ordering. This facility will ship frozen
meat and the other orders we have for fresh meat will be packaged and
shipped directly from our packers to the consumers (can't tell you who just
yet). All these products will carry our Tender Prime Struthers Certified
naturally raised product labels. So folks will recognize these products when
they see them (Again I can not tell you where just yet)...however, I'm
thrilled.
With our Norsvin agreement it has not changed we still control the rights
here and plan to expand this and more after my trip to Norway in Nov. I am
not at liberty to explain any further discussions at this time. I can say
they are sending an AI specialist over to improve the out-put of the boar
stud and add more boars from their herd. We are also looking at adding boars
from Ireland...at no outlay of cash...which is nice...more details will
follow.
The magnificent 7 are doing well and eating everything in sight!
The other babies we lost were due to hypoxia (lack of oxygen) during labor ,
however, 14 out of 18 embryos did take and we had heart beats until labor,
we did not expect so many embryos to take , normally I've put in 20 to 28
embryos surgically and conceived only 60 to 70% so we now know that
non-surgically with an 85% conception rate we transfer less embryos but
achieve better results than average...the loss (although very sad) of these
pigs is not an uncommon experience in the pig world...the Mom could have
been scared with the commotion of what is going on in the barn and other
factors vets have explained to us...such as a small birth canal which never
dilated completely, however, since she went into labor late at night and
since no vets were on hand we could not do a C-section...we could not
control this event as we did not know when labor was going to occur. I have
put protocols and further measures in place for the next parities for 24 hr
watch and will do C-sections on these animals. We have had no deaths related
to the GS system or any of our surgical techniques...over 600 procedures
have been done on swine alone including frozen semen without extender (a
worlds first) the data is very favorable. We have also been doing hundreds
of deer and sheep with excellent results and are ready for international
expansion which will take place when I leave for the EU in Nov. Yes STRU has
gone international...more on this later.
Right now I am absolutely delighted with what we have to share with
everyone.
Best regards and thanks for the great questions.
It is always a pleasure to hear from you,
Douglas
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
By: greasedpig $$$$
Reply To: None Wednesday, 18 Oct 2000 at 10:48 AM EDT
Post # of 162446
Read All..excitement from Dr. Beatty...YeeHaa....
These are 2 e-mails that I received from Dr. Beatty. Been corresponding with him
about getting some pork for a National Cook-Off, (I will post more about this
later..)..but, look how excited Dr. Beatty is....WOW..Go Stru....
Bob,....I am in a super mood...in fact I'm just about ready to
> "bust"...wish
> you could be here...just playing Santa! To the team!
> Please fax to xxx-xxx-xxx...look forward to being part of this
> extravaganza...let our pork and the games begin!
> Thank you so much for this opportunity! I smell another PR! Lets get this
> gentleman first place...I'm hurt though that Jack D over-ruled me...LOL
> Warmly,
> Douglas
No Bob,
The excitement has nothing to do with the sauce...maybe in part.. I'm am
just so excited that we have worked so hard over the last 2 year to drag
this / your / our Company out of the ashes and everything has just exploded
all in the last two weeks...I'm so thrilled for our teammates...I feel like
in the movie A Christmas Carol...where scrooge finds himself waking up from
a dream and realized he had not missed Christmas and he could and did make a
difference in so many lives...I tried to do a cartwheel in the office but
hit the computer and knocked all the files off my desk...nearly broke my
foot....but what the heck its Christmas! "Film at 10" LOL...the staff
thinks I've gone bananas! Jeez these adrenalin rushes are amazing...I keep
telling myself ...Douglas calm down...BUT I CAN'T....I'll try to get some
info into the hands of our teammates out today ...Struthers is "makin
bacon"... Thanks for listening.
Your friend,
Doug
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Rmg110 - Robert, a thought just ocurred to me.
First, let me say, I believe WE ALL are confused by the actions of the MMs. With the buying
out numbering the sells by 40percent or more, do not understand why the price is going down. Does not make sense.
Oh my gosh, another thought just ocurred to me, now I have two. LOL
First thought - Isn't Knight being bought-out by someone? I believe I read this somewhere. Maybe they are unloading their excess inventory so they can look better on paper.
Second thought - MAYBE, JUST MAYBE, they are SHORT up the whazoo. You know Knights moto - 'We will not refuse a trade'. And being SO short up the whazoo, they have no choice but to take it down hoping to cause a sell off.
Remember one of my previous posts where I estimated that just about 280mil shares of the m299mil float are being HELD by the shareholders. My estimate might be on the light side and the MMs DO NOT have any inventory.
If this is in-fact true my friend, when STRU's price pops - it will POP HARD AND I MEAN REALLY
R-E-A-L-L-Y H-A-R-D!!!! It will be like an oil gusher, no telling how high, but the MMs objective will be to get it high enough so people will start selling so they can bring it down just AS HARD to COVER their BIG ASS-SHORTS.
All of this is just a thought........Have no info suggesting that this might be the case.
Although, for the past several days we have had a volume over 1mill and up to 2mill and everytime the buys outnumber the sells and the price has dropped.
Well, does anyone else have a better idea of whats going on.
I think I'll fasten my seatbelt.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Robert, unfortunately, I do not have an answer for you. Wish I did. It does not make any sense.
In the past when I've tried to apply logic to the price movement in relation to the volume buys/sells,
it always turned out faulty.
One logical scenario at this point is the MMs have lost faith in STRU and
want to unload the shares WITHOUT having to buy shares back which is what would happen IF they took the price up.
So, they are selling as much as they can without taking the price up in fear of having to buy shares back.
Again, my logic, when it comes to the MMs have proven faulty more times than I care to account for.
Of course another logical therory is they have more than enough shares accumulated and just want to
unload some without causing a RUN-UP. This, I beleive is the most likely.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Matt, this site needs a {PREVIEW MSG} prior to post. A feature where you can see your msg before posting as it would appear after posting. Then you can check to see if you have all of the HTML markups correct. If not, then you can RE-EDIT before posting. Also, a spell checker would be nice.
But a preview for the HTML markups is essential prior to POSTING.
Hope it is do-able.
Lloyd
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
RePost - Easier to Read--- Sorry
When ever I look at a Stock to invest in I look at what the possibilities are for the bottom line.
Then I look how the company is planning to get there.
If I approve, then I invest.
Then I keep two LISTS. The first list has a heading of ADMINISTRATION. The second list has a heading of OPERATIONS.
R&D does not play into this.
If it isn't Operations, (working toward the Bottom Line) then its Administrative.
What affects does the OPERATIONS list have on the company?
* It affects their bottom line PERIOD.
* How they are planning to get there affects their Bottom Line..
* What have they done so-far affects their Bottom Line.
* Business Model affects their Bottom Line.
* Plan of Execution of the Business Model affects their Bottom Line.
* BOTTOM LINE IS WHAT COUNTS......
What affects does the OPERATIONS list have on the Shareholders?
* Ops builds investor confidence, if all is going great, the share price will take care of it self. (let it ride)
* Ops weakens investor confidence, if all is not going great, the share price will take care of it self.
(time to bail)
What affects does the ADMINISTRATION list have on the company?
If the Bottom Line is doing GREAT, then
* Very little affect to the Bottom Line
* Admin builds investor confidence, if all is going great, the share price is artificially inflated. (investors
brag)
* Admin weakens investor confidence, if all is not going great, the share price is artificially deflated.
(investors complain)
If the Bottom Line is not doing GREAT, then
* Admin builds investor confidence, if all is going great, the share price is artificially inflated. (investors
brag)
* Admin weakens investor confidence, if all is not going great, the share price is artificially deflated.
(investors complain)
Now, lets look at STRU, OPERATIONS is doing GREAT! Their Bottom Line is Growing. HOW BIG?
Well, we need to look at the ADMINISTRATIVE side to see this. Uh-ho, STRU's adminstration is not
top notch. So we will have to wait to know the bottom line.
Look above - OPERATIONS doing GREAT, share price will take care of itself - eventually.
Admin not doing so great, share price is artificially deflated....
Eventually, admin will catch-up with the operations and the share price will catch-up to its true value.
Why is admin behind? This is My Personal Humble Opinion (MPHO), STRU has been concentratiing
on the OPERATIONS and not so much on the admin stuff. Hence so, many missed deadlines and
admin foul-ups.
Kinda like a computer programmer who writes a great program, that works great, looks great, but not
many users. OOPS, forgot the documentation, detailing all the fine features that have been
programmed into it. EVENTUALLY the documentation will be done and the user base will grow.
Well, like wise with STRU, once they are caught up with the ADMIN, the shareholder base will grow
and the price will too.
And NOW for an observation note. The majority of the posts I read (mostly over at the RB) deals
with the ADMIN aspect of the business. Stands to reason, since this is STRU's weak point.
But, you won't find any bad stuff about their operations. This is good, this is what counts.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
When ever I look at a Stock to invest in I look at what the possibilities are for the bottom line.
Then I look how the company is planning to get there.
If I approve, then I invest.
Then I keep two LISTS. The first list has a heading of ADMINISTRATION. The second list has a heading of OPERATIONS.
R&D does not play into this.
If it isn't Operations, (working toward the Bottom Line) then its Administrative.
What affects does the OPERATIONS list have on the company?
It affects their bottom line PERIOD.
How they are planning to get there affects their Botton Line..
What have they done so-far affects their Botton Line.
Business Model affects their Botton Line.
Plan of Execution of the Business Model affects their Botton Line.
BOTTOM LINE IS WHAT COUNTS......
What affects does the OPERATIONS list have on the Shareholders?
It builds investor confidence, if all is going great, the share price will take care of it self. (let it ride)[/b}
It weakens investor confidence, if all is not going great, the share price will take care of it self. (time to bail)[/b}
What affects does the ADMINISTRATION list have on the company?
Very little affect to the Bottom Line
If the Bottom Line is doing GREAT, then
It builds investor confidence, if all is going great, the share price is artificially inflated. (investors brag)[/b}
It weakens investor confidence, if all is not going great, the share price is artificially deflated. (investors complain)[/b}
If the Bottom Line is not doing GREAT, then
It builds investor confidence, if all is going great, the share price is artificially inflated. (investors brag)[/b}
It weakens investor confidence, if all is not going great, the share price is artificially deflated. (investors complain)[/b}
Now, lets look at STRU, OPERATIONS is doing GREAT! Their Bottom Line is Growing. HOW BIG? Well, we need to look at the ADMINISTRATIVE side to see this. Uh-ho, STRU's adminstrative is not top notch. So we will have to wait to know the bottom line.
Look above - OPERATIONS doing GREAT, share price will take care of itself - eventually.
Admin not doing so great, share price is artificially deflated....
Eventually, admin will catch-up with the operations and the share price will catch-up to its true value.
Why is admin behind? This is My Personal Humble Opinion (MPHO) STRU has been concentratiing on the OPERATIONS and not so much on the admin stuff. Hence - so many missed deadlines and admin foul-ups.
Kinda like a computer programmer who writes a great program, works great, looks great, but no many using it. OOPS, forgot the documentation, detailing all the fine features that have been programmed into it. EVENTUALLY the documentation will be done and the user base will grow.
Well, like wise with STRU, once they are caught up with the ADMIN, the shareholder base will grow and the price will too.
And NOW for an observation note. The majority of the posts I read (mostly over at the RB) deals with the ADMIN aspect of the business. Stands to reason, since this is STRU's weak point.
But, you won't find any bad stuff about their operations. This is good, this is what counts.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Jeff, Thanks for your fine poats. You are doing a great job of DD.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
BillyJack, Thanks for the post. While I knew that they can release news as long as they follow-up immediately with a PR, I prefer not to bank on that. BUT, it is certainly a possibility and from STRU emails, the possibility is coming closer to reality.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
By: rtrax1 Emails from STRU
Thursday, 12 Oct 2000 at 2:58 PM EDT
E-mail conversation with Doug last couple of days...
Hello Doug,
> >
> > I've appreciated you keeping many investors informed as well as you can
> with
> > status of Struthers. I read the RB board daily and have held and
> accumulated
> > shares for my family for almost 1 year now. 3 other family members plus
> > friends have also accumulated shares. We all pray and hope you continue
> > growing the business for the long run, and we appreciate you working
> > diligently on the fabulous business plan you and your team has put
> together.
> >
> > Recently I read that we make about $450 per head (Pig) when selling
retail
> > direct. I'm assuming we receive a different price selling through an
> > intermediary who helps distribute the pork to major retailers and other
> > countries under the label Tendur Prime. If so, how much should we expect
> net
> > per head when selling through intermediaries? Rough estimate or range is
> > acceptable, Just trying to get an Idea how much a difference their is
from
> > selling direct compared through distribution channels.
> >
> > I'm very excited about my investment in STRU, and I look forward to
> holding
> > shares for many, many years.
> >
> > Thanks in advance for your reply,
> >
> > xxxxxxxxxxxxxx
> >(rtrax1 on RB)
-----Original Message-----
> From: Douglas Beatty [mailto:dbeatty@struthersinc.com]
> Sent: Tuesday, October 10, 2000 4:12 PM
> To: xxxxxxxxx
> Subject: Re: Doug - Re: Revenue structure of Tendur Prime through
> Distribution.
>
>
> Dear xxxxxx,
> Yes selling direct does have its advantages...as in the Tender Prime meat
> line. Folks get a superior product which is consistent every time...plus
> when they order direct they receive something free as an extra bonus
...for
> example this month we are including a very good set of chefs knifes which
> retail for $100 in every order...simply because we purchased them in bulk
> and are as good as the naturally raised meat we sell.
>
> Now consider if hypothetically we sell 500 hogs per week in Tender Prime
> directly we make approx. '$X'. If we sell through a product wholesaler
> normally we receive a 30% mark up...the difference may seem less than what
> we make on T. Prime, however, the broker reaches a much larger audience
such
> as restaurants, chains etc. and may process 2000 animals or more per week
> and increase this number over time and if this broker has overseas ties we
> now reach a huge audience...therefore, this 30% becomes very large number
> very soon. I personally would and have not turn(ed) down any requests for
> our products which generate a net profit per animal. And this is just
> Tender Prime. Let us now do the same in larger numbers with our large
whites
> ...to the large packer with more niche markets...now you can see where I'm
> headed...a pork with a story sells very very well...and we have both
"pork"
> and the "story"! I hope you can understand now that sometimes less is
more.
> Lately we have had a great response to our product after sending it out to
> brokers and others for evaluations. Everything has come back very positive
> and although I can not at this time reveal any further information, I
> believe that the shareholders will be very proud of what I and the team
> here has achieved through patience and perseverance and a great business
> model ...for them the farmers and for this Company.
> I hope this helps, I know I did not address #'s in $'s , I have a good
> reason which will be shared with all shortly...just thought I would share
a
> very realistic scenario with you.
> Warmly,
> Douglas
> Dear Douglas,
>
> Thanks for the information. As I have had 5 companies myself, I understand
> the value of the distribution channel and I was very hopefull that you
were
> taking the technology, products, etc., through major distribution
channels.
>
> I found some of the people getting real excited about $450 per head, and
my
> opinion was that selling direct is only a small percentage of the revenue
> streams although important. The larger revenue streams will be
accomplished
> with masses through distribution channels.
>
> I look forward to hearing, when you are available to disclose, about
> distribution agreements for key accounts and major retailers carrying STRU
> Tendur Prime. I think this is key to you establishing large agreements for
> alliance herds.
>
> Best Regards,
>
> xxxxxx
-----Original Message-----
From: Douglas Beatty [mailto:dbeatty@struthersinc.com]
Sent: Wednesday, October 11, 2000 10:30 AM
To: xxxxxxxxx
Subject: Re: Doug - Re: Revenue structure of Tendur Prime through
Distribution.
Dear xxxxxx,
You are absolutely right that Tender Prime is the Hog/product of choice for
the consumer and indeed has caused all of the recent requests for our
products...so you are most correct in assuming the profits from this line of
products are huge...and it was the consumer who dictated this price as we
went through product evaluation processes.
Again, the margins from brokers will be just a little smaller but we have
been labeled a premium product (the best of the best). What happens is that
what ever we charge for the meat they charge their customers a certain
amount which covers our margins and they add to theirs. However, again it
really comes down to the volume of hogs we either process or send to
packers. This is so important , and the reason we are going after a $30
billion niche market...and I am very pleased that we put controls in place
to build a solid base to supply this market and not run into a problem where
we over promise and under deliver , our method of distribution now is to
under promise and over deliver. It is interesting that we were approached
and not the other way around....there is a major shortage of high quality
pork products on shelves and in restaurants today...we have geared up to
supply this demand...the process is to be unveiled before or at the
shareholder meeting. With alliance herds they are joining us because of what
we now have ....distribution channels for their product...in other words we
have happy farmers who know we have a home for their product and they can
see the name right on the packaging which at present they don't see where
their hogs go...pride of ownership...most important with the hog producer.
In short Tender Prime has opened the gates! We are ready!
Hope that this helps...just my thoughts.
Douglas
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
“Penny Stocks” To Be Sure – But These Are On NASDAQ
By Jack Burney Published by OTCNN.com
10/12/2000 10:35 AM EST
On a given day -- say, last Friday -- you can read the numbers:
Ascendant Solutions, Inc. (ASDS) closed at $0.66. E-Stamp Corporation (ESTM) closed at $0.91.
“Penny stocks?” Obviously, but these “penny stocks” aren’t on the Pink Sheets, or even the OTCBB. They are listed on the proud and superior NASDAQ.
Fogdog, Inc. (FODG) closed at $0.75.
PlanetRx.com, Inc. (PLRX) closed at $0.44.
Talk City, Inc. (TCTY) closed at $0.91.
These NASDAQ-listed “penny stocks” were part of the soaring Internet sector of that market. They took investors on a dizzying ride before dropping them like a sack of potatoes. The loss on the NASDAQ “pennys” from their 52-week highs was impressive:
Ascendant Solutions dropped 98.0 percent.
E-Stamp Corporation dropped 98.0 percent.
Fogdog, dropped 96.6 percent.
PlanetRx dropped 98.4 percent.
Talk City dropped 96.9 percent.
These were the worst of the crashers. But there are others almost as guilty of disguising themselves as winners when they were “NASDAQ penny stock losers” all along. Among them:
FASTNET Corporation (FSST) closed at $1.88, down 91.5 percent.
GSV, Inc. (GSVI) closed at $1.81, down 97.5 percent.
ImproveNet, Inc. (IMPV) closed at $1.25, down 93.8 percent.
iTurf Inc. (TURF) closed at $1.19, down 95.3 percent.
Landacorp, Inc. (LCOR) closed at $1.97, down 90 percent.
N2H2, Inc. (NTWO) closed at $1.69, down 94.9 percent.
No, it wasn’t just a few listings that qualified for the “NASDAQ Penny Stock” club. The exposure of these “pennys” was much more widespread. For example:
Netpliance, Inc. (NPLI) closed at $1.91, down 92.7 percent.
Promotions.com, Inc. (PRMO) closed at $1.38, down 96.1 percent.
Rainmaker Systems, Inc. (RMKR) closed at $1.81, down 93.8 percent.
Snowball, Inc. (SNOW) closed at $1.00, down 95.0 percent.
Telemate Net Software, Inc. (TMNT) closed at $1.63, down 92.4 percent.
Topjobs.net.plc (TJOB) closed at $1.91, down 90.5 percent.
Of 173 NASDAQ Internet stocks researched, not one lost less than 80 percent of its value from its 52-week high, and 99 of them loss more than 90 percent.
The point is clear. OTCBB has grown in stature and respectability, while recent events have exposed the extensive downside of the once high-flying NASDAQ. If you are going to use the slurring term “penny stocks,” for OTCBB stocks, you must apply it as well to NASDAQ stocks. Or better still, drop it altogether.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
By: bk52 $$$$ (Horses)
Reply To: 160909 by hogsrus $$$
Wednesday, 11 Oct 2000 at 9:33 PM EDT
hogsrus.....
No....not true, in fact almost the entire industry uses A.I., some smaller breeders (1 or 2 studs) might still
use the "conventional method" but as a whole, virtually all major racehorse breeding farms artificially inseminate.
I brought up this idea back in Feb. when we first heard about the scope and its potential, but it never went anywhere....then again it wasn't the Gourley Scope, so maybe this should be pursued as another revenue stream.
Having been involved in this business, I know the extreme importance in getting a broodmare in foal within a time
period that would allow her to give birth in the ideal months of March thru June. Since all racehorses become a
year old on Jan.1, (whether actually born on, lets say Feb. 21 or June 21)of the following year, late foals are less likely to race as 2yr. olds and have to be held back to mature....missing out on the big money purses offered by racetracks
and the breeding associations in their states... and thats where its at for owners, trainers and breeders.
Also, mares can be very difficult to impregnate even when at optimum heat cycle and often must be AI'D a number of
times before they catch....cost consuming for owners who have to leave mares at the breeding facility or ship back
and forth until pregnancy is confirmed.
If the Gourley Scope is as effective as it appears to be, the horseracing industry is a logical and possibly very
lucrative avenue to explore.....big, big money involved not only in the States but, England,Canada,Ireland,Japan,
South America,Australia,New Zealand and even Saudi Arabia! Hope this helps....there, I finally did some DD! lol
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
By: jlives_99 $$$ - Email from Doug
Wednesday, 11 Oct 2000 at 6:26 PM EDT
Got this E-mail from Doug and am sharing it with board."Linda, we have looked at the
horse racing industry and have folks interested in our technology...great area...big
$$$...for deer we are charging $1000 per insemination and have done hundreds in the
last few weeks...for sheep we are charging $150 per et or inseminations with a minimum
of $2000 per day...we also have an order for 35,000 sheep AI and ET in Australia ...not to
mention other countries we are now involved with.
Horses will range in the deer category...plus we sell special catheters for all species...so
we are doing very well with revenues at the moment and breeding season. And
interviewing vets to perform these procedures Dr. Gourley and I are very busy. I'll update
all in a letter and at the shareholder meeting. Thank you so much for the note...I really am
amazed at the response and ideas from our team...just super...I've never seen this before
and it is wonderful...thank you again.
Warmly,
Douglas"
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
NEWS!:10/11/00 - The Post and Courier, Charleston, S.C., Grapevine Column
http://host.wallstreetcity.com/wsc2/Combined_News.html?Button=Get+Story&headline=12300530&HeaderSym=STRU&nocache=56839&template=srchnws.htm
(at bottom of article)
SHIPPING SWINE: Struthers' new meat distribution center in Waukon, Iowa, is up and running, as the Charleston-based biotech startup wants to ship 1.5 million
pounds or more of packaged pork a year.
Hogs destined for Struthers' Tender Prime meat line are processed at the Lorentz Meats packing plant in nearby Cannon Falls, Minn. A freezer at the new Elite
Visions distribution site can handle 30,000 pounds of pork a week at temperatures of 20 degrees below zero, according to an article in the Waukon Standard
newspaper.
Struthers bought three-year-old Elite Visions in June. Lorentz Meats plans its first full shipment to the facility in mid-October, with the product then transported to
retail customers, the article says.
Struthers Inc. is involved in swine genetics including artificial insemination.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Rainman, There are NO Gourley Hogs, only Struthers Legred Genetic Hogs. The Gourley Scope is the procedure used to breed the hogs.
The procedure has been successful. You can go to Struthers Web site and read all about it.
http://www.struthersinc.com
As soon as the distribution facility is operational, Struthers will start selling package pork products on its web site.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
FYI ... From Frances (abridged):
By: required
Tuesday, 10 Oct 2000 at 3:23 PM EDT
FYI ... From Frances (abridged):
Dear Patrick,
.........
"There has been much correspondence with the SEC, and judging by the morale
of management, the light seems to be appearing at the end of the tunnel."
Best regards,
Frances Kotnik
Just passing things along... :)
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
By: Raskolnikov
Sunday, 24 Sep 2000 at 11:12 AM EDT
REASONS TO FEEL GOOD ABOUT STRU:
1. STRU refiled with SEC 8/28 and should receive comments back from SEC by 9/27 (this Wed). STRU is highly motivated to respond to any/all comments ASAP so as to get back on OTC prior to the Shareholder's meeting.
2. Shareholder's meeting on Sat, Oct 28th. Keep in mind that Struthers did not have to have a shareholder's meeting since they are not yet fully reporting. They also did not have to produce an Annual Report, which they did and which wll will have prior to the S/H meeting. Doug has stated that he wants the meeting to be a celebration.
3. The Distribution Facility in Waukon, Iowa is completed and coming online.
4. Lorentz' new processing facility is completed and online and will be processing STRU's TenderPrime products.
5. The Grand Opening of the Boar Stud Facility occurred on Sept 20th and is reported to be the finest such facility in the world...absolutely state of the art. Now STRU can dramatically increase production of boar semen and will have a world class facility for doing ET and extracting eggs from sows.
6. STRU has proven that the Gourley Scope not only works but works very well.....high conception rates with lower doeses of semen. The Gourley scope plus STRU's genetics will change the porcine industry. It can also impact other industries the same way: sheep, deer, etc.
7. In the 4th quarter, STRU will be kicking off the marketing of its branded product TENDERPRIME.
8. In the 4th quarter, STRU should begin the commercialization of non-surgical embryo transfer.
9. STRU has just acquired another sow herd (1200 sows).
10. STRU pigs have won TOP HONORS from virtually everyone including the NPPC.
11. STRU has THE CLEANEST PIGS in the world and there is a very good possibility that STRU research pigs could be used in the development of Xenotransplantation. This would be another large revenue producing profit center.
12. STRU will probably be adding to their Board of Directors at the S/H meeting. Reportedly, one of the new board members could be Lou Sanboeuf, the current President of Iowa Ham. Lou is one of the most respected men in the industry and has contacts with many of the major supermarket chains in the country.
THINK ABOUT IT!!!!!!!!!! IMHO, STRU will not be a penny stock much longer. We are headed for bigger and better things.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
By: Tenderloin $$$$
Reply To: None
Monday, 2 Oct 2000 at 12:42 PM EDT
Post 158542 of 160344
A little more IBP info
Meat producer IBP to be bought by investor group
By Brad Dorfman
largest producer of fresh beef, pork and related products, has agreed to a $2.4 billion buyout by an investment fund affiliated with investment bank Donaldson, Lufkin & Jenrette, DLJ said Monday.
The deal calls for all shares of Dakota Dunes, South Dakota-based IBP to be purchased for $22.25 in cash. There are currently about 106 million shares of IBP common stock outstanding.
Rawhide Holdings Corp., an affiliate of private equity fund DLJ Merchant Banking Partners III LP, will also assume about $1.4 billion in debt.
Shares of IBP, which had been under pressure along with other meat processors, rallied $3-4/16 or 17.75 percent to $21-9/16 Monday. The stock had traded as low as $11 in March after rising to about $29 in December, 1998.
``We've seen this segment suffer for a couple of years,'' Patrick Schumann, food industry analyst at Edward Jones, said, adding that there could be other deals in the industry. ``I would expect there to be some talk on successful exit strategies or some talk on changes of ownership because they (processor stocks) remain depressed.''
IBP has more than 60 production sites in North America, and joint venture operations in China, Ireland, and Russia. The 40-year-old company had sales of $14.1 billion in 1999 and employed 49,000 people.
IBP is also the largest U.S. exporter of red meat and operates sales offices in England, Japan, Taiwan, China, Korea, Russia and Mexico.
With the deal expected to close in early 2001, DLJ Merchant Banking Partners and affiliated funds would become the majority owner of IBP. Other investors include agribusiness giant Archer Daniels Midland Co. (ADM.N), Booth Creek Partners and some IBP managers.
IBP management will remain in place following the deal, the companies said. No changes in operations or staffing are expected. IBP is a leading producer of fresh beef and pork.
IBP began as Iowa Beef Packers Inc. in l961 with a single plant at Denison, Iowa. The plant was one of the first to be near large livestock producing areas, rather than near stockyards in large cities like Chicago and Omaha.
IBP's facilities became more than just slaughterhouses. They were automated meat factories producing more than 350 byproducts such as hides and tallow.
``Virtually nothing from the processed animal is left to waste,'' IBP has said.
The deal comes a little bit more than a month after a regulatory filing showed that rival processor Smithfield Foods Inc. (SFD.N) had accumulated a 6.3 percent stake in IBP.
Smithfield is ``studying the situation,'' regarding whether to keep or sell its stake, Jerry Hostetter, director of investor relations, said.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
By: Tenderloin $$$$
Reply To: 158457 by brutus $$$$
Monday, 2 Oct 2000 at 9:45 AM EDT
Post 158464 of 160343
DLJ unit to buy meat producer IBP for $2.4 billion
NEW YORK, Oct 2 (Reuters) - Investment bank Donaldson Lufkin & Jenrette said Monday that Rawhide Holdings Corp., affiliated with DLJ Merchant Banking Partners, agreed to acquire meat producer IBP Inc. for about $2.4 billion in cash plus assumption of about $1.4 billion in debt.
Under the terms of the deal, each outstanding share of IBP common stock will be converted into the right to receive $22.25 in cash. There are currently about 106 million shares of IBP common stock outstanding.
With the deal expected to close in early 2001, DLJ Merchant Banking Partners and affiliated funds would become the majority owner of IBP. Other investors include Archer Daniels Midland Co. , Booth Creek Partners and some IBP managers.
IBP management will remain in place following the deal, the companies said. No changes in operations or staffing are expected. IBP is a leading producer of fresh beef and pork.
DLJ is in the process of being acquired by Credit Suisse Group for $13.7 billion.
Shares of IBP closed Friday at $18-5/16 on the New York Stock Exchange, off a 52-week high of $25-3/8.
Shares of DLJ closed at $89-7/16, slightly off a 52-week high of $89-1/2.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
By: Tenderloin $$$$
Reply To: 158763 by 1914 $$$$
Monday, 2 Oct 2000 at 8:34 PM EDT
Post 158765 of 160344
IBP push for case-ready meat brands seen merger key
By Bob Burgdorfer
CHICAGO, Oct 2 (Reuters) - The planned purchase of top meat packer IBP Inc. by a Wall Street investor group could provide IBP with the financial muscle to push its brands aggressively in the retail meat case and compete with ConAgra Foods Inc. and other manufacturers, analysts said on Monday.
Rawhide Holdings Corp., an affiliate of Wall Street investment giant Donaldson, Lufkin & Jenrette Inc. (DLJ), will buy all outstanding IBP stock at $22.25 a share, DLJ said on Monday.
IBP's board has approved the deal, valued at $2.4 billion in cash with additional assumption of $1.4 billion in IBP debt. IBP shares ended trading on Monday at $21-3/4 a share, up more than $3 and with some analysts calling the bid too low.
The purchase would provide IBP a source of capital because of its link to DLJ Merchant Banking Partners, IBP said.
"This transaction allows stockholders to receive cash for all their shares at a very attractive price. Another advantage is that DLJ Merchant Banking Partners III will be an excellent source of capital for IBP to implement our long-term business plan," said Robert L. Peterson, Chairman and CEO of IBP.
DLJ said current IBP management would remain in place after the merger with no changes in operations or staffing expected.
Analysts said the extra capital after a merger would likely be spent producing and promoting IBP's brand of Thomas E. Wilson beef and pork products, cuts of beef and pork that will be packaged and ready to be placed on retail store shelves.
"To do that you really need a boatload of money," said Todd Duvick, food industry analyst with Bank of America. "They definitely are going to have to invest in building their brand."
IBP is the world's largest producer of fresh beef and pork and also a leading provider of meat to restaurants and food service outlets.
But IBP brand products have largely been an unknown in supermarket meat cases because most of its beef and pork cuts are sold as generic store brands. Like other food companies, it has been working to change that.
"You have to spend an awful lot of advertising dollars," said Ron Plain, agriculture economist at the University of Missouri.
IBP has also already committed $80 million to $100 million to renovate two meat packing plants, one in Texas and one in Tennessee, to produce Thomas E. Wilson beef and pork. Partial production at both plants should begin in early 2001.
For years meat packers have chilled and boxed large portions of beef and pork cuts and shipped them to supermarkets where the back room butcher packages them for the store case.
"For IBP, it means they have to produce ground beef, pork chops and steaks in case-ready packages," said Plain.
However, establishing a brand name can boost profit margins at a meat company like IBP.
"There is certainly plenty of upside potential for them to improve their margins if can they have a branded product," said Bank of America's Duvick.
The Thomas E. Wilson brand was launched about six months ago and represents a small portion of IBP's $14 billion in annual sales.
"It is relatively small at this point but we expect it to grow," said IBP spokesman Gary Mickelson. "It will be a nationwide brand within the next year."
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
GREAT INFO! ! ! ! !!
By: DrCrovatt $$$$
Tuesday, 10 Oct 2000 at 9:47 AM EDT
Post # of 160343
Letter from Doug TODAY
I believe it was meant to be sent to Jeff Simon but I wanted to post it as soon as I got it.
Dear Dr. Crovatt,
I enjoyed reading your update on STRU capabilities, you have done a tremendous job along with your fellow team mates.
Please make the following additions/corrections so that there is no confusion and also so the list may reflect our true capabilities:
Under Boar Stud...we are IMHO the largest "single" self contained state-of -the-art unit in North America.
Other genetic companies "pool" (correct term) their semen we do not
We also sell embryos and semen for Sheep and Deer...Deer semen is priced at $300 to $12,000 a dose depending on quality of animal. Currently we receive $1000 per AI of Deer, and $150 per sheep and revenues from these procedures are staggering since we are in the breeding season.
85% conception rate in swine ET's using GS system
Data from frozen semen without extender is producing same results as fresh semen with extender...another first in the world for STRU using the GS.
Recently took all 5 top honors in our show hogs at the state fair.
Under Muller AI - we have exclusive worldwide rights to a new semen packing device called "auto sealer" at 1/10 the cost of the closest competitor achieving the same processing rate.
Fairmont Finishers has 650 sows - also finishes 15,000 head of Tender Prime meat for distribution
AB Duroc will finish 4000 animals for T Prime.
Access to over 90,000 T. Prime animals available to us as some of these animals have been on LSG genetics. These are not as of yet alliance herds , however, they do need to be as we pay premiums above that of the packer so they make more when we pull form their herds. These animals are needed due to the increase of product orders from outside venders...I can not release any information on these accounts at the moment.
6 herds totaling approx 30,000 sows will begin using the GS system immediately under a rental agreement and a $10 per sow royalty, plus the selling of the necessary supplies i.e.. catheters needed for the procedure. Dr. Carlson will monitor these accounts and collect the data which will find its way into a reseach paper for presentation and publication.
We will be showing at the Agri-Link expo in Manila 19-21 Oct. 2000. Dr.Gourley will arrive 2 days earlier to perform some procedures in the Philippines.
We are also planning to attend and present our findings at a conference in Barcelona, Spain first week of Nov. 2000...more on this as I receive more details.
Attendance at the Hanover, Germany AI conference Nov. 28-Dec. 2, 2000.
Numerous visits to potential clients in the UK and Europe this fall.
This information will be available before or at the SH meeting. Other than these housekeeping issues your DD is very good ...I thank you in advance for making these changes...I'm glad your on our team.
Warmly,
Douglas
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
RMG, Are you trying to be a SILLY Rabbit? LOL
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Thinking Out Loud Here- - - - - -
Struthers CEO have stated that there are aproximately 32,000 shareholders of record.
It has also been stated that there are 299MIL shares in the float.
It has also been stated that there are 369,969,921 shares outstanding.
Lets assume that there are 28,000 shareholders, 4,000 less than stated
Lets also assume that there are 300mil in the float
Lets also assume that there are 380mil outstanding
If the average number of shares held by shareholders were 10,000 - that would be 28,000 X 10,000 = 280MIL Shares
being held by Shareholders
This gives the MMs only 20MIL shares to play with.
Now I know of some shareholders who's share count goes a HECK of a lot higher than just 10,000 shares.
Anyway, this tells me that when a small influx of buying comes in, King Harley's NITE Train may very well indeed take off and leave the station.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
TEK, Are you going to the meeting? I can tell by your last post that you are not too happy right now. But you said it yourself, 'STRU IS ON THE PINKS'. And as such, I don't expect any movement until we are back on the OTC.
EVEN, EVEN, if STRU did come out with a major money PR, we would not see much movement and more people would be pee'd (O) because of the lack of movement. My best advise is to set back and relax until we are off the pinks. Once back on the OTC, then resume your current train of thought. Know what I mean?
In a round about way, what you are TRYING to say is, STRU CAN NOT and WILL NOT announce anything big at the shareholders meeting. Any info given must be available to the Investing Public at large and not to just select shareholders who decide to travel to the S/H meeting. Futher-more, if STRU is still PINK at the time, they have to be even stricter about what to discuss or it could delay the re-listing even longer.
All of this is just MHO of course.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Re IBP - Deal
" On one hand we have the proposed buyout of IBP, Inc. stock by an investment group
that contains Archer Daniels Midland, Co. (ADM)." - the big guys....
On the other hand we have:
"the National Farmers Union (NFU - the little guys) to call for an investigation of the
proposed buyout of IBP,"
Which hand is 'best' for SI?? - the IBP deal and the support of the larger agribusinesses
Corporate streategies...
or, the samller 'family' farms.... since... as stated...
"This deal has great potential to seriously harm farmers and ranchers," said Swenson.
"Without competition, producers have no options nor bargaining power in the
marketplace. ...
What 'hand' 'fits' SI's business strategy?? Struthers does seem to 'model' their
organizational structure (vertical integration) and their business strategies (alliances and
shared promotion) from the biggies...IMO
it is interesting to me anyway.
SI stated in their last email:
"Today there are approximately 114,000 pork operations compared to
nearly 3 million in the 1950s. Hog farms are grown in size, too, while
reducing in numbers. Over 80 percent of the hogs are grown on farms
producing 1000 or more hogs per year while over half are growing on
farms producing 2000 or more hogs per year. These operations, which
are often very technically sophisticated, are still predominantly
individual family farms. These farms are our clients."
It seems that SI may not be going down the IBP road ... or are they????
Or are they playing 'the best advantage' from both 'roads' ...
We'll all kmow more "soon" .... :)
All the best....
By: Required (RB)
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
what if there was
a company (or a business model) on the horizon that enabled the independent farmer(s)
to ......a.) maintain their inherent independence ......b.) to participate via an alliance with
other independent(s) in order to achieve the necessary scale of production required to
function as a major pork producer .....c.) to grow a type of hog that the consumer
demands and will pay top dollar for if it is available .....d.) and consequently to grow a type
of hog that the major packers/ processors are willing to pay you a premium to grow for
them.
Further.... given that the major packers/ producers have extreme difficulty vertically
integrating the entire pork production cycle into their business without ruffling the feathers
of the pork industry status quo........What if ..?
there was a company ( or a business model) on the horizon that accomplished all the
benefits of vertical integration to the IBPs, the Smithfields, the ConAgras, the
whomevers... without decreasing the number of independent farm operations in the USA
.....and maybe, just maybe offering them a way to become more profitable.
By: EagleFeather (RB)
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Comments on The New BSF -
I have had the good fortune to be able to view a video tape of the new BSF by a very good friend and shareholder of Struthers, Earl Wafford.
The tape is very informative and provides an inside view to the operations of the facility.
The facility is IN-DEED the state of the art. Struthers/LSG went to great lengths to ensure the safety of the animals and their well being. EX: The boars have two types of living quarters to choose from within the living area. I believe the choice is between a caged pen and a stall. It seems boars have desires other than giving semen.
Their feeding is accomplished automatically so there is very little human interaction in the process, cutting down the chance of contamination.
To futher control the contamination factor, the clothes worn by the technicians NEVER leave the living area. The workers change into thier work clothes inside a transition room after taking a shower. Upon leaving, the clothes are taken off and washed. There are washing machines in the transition room for this prupose.
Everything that enters the living area must pass a strict sanitization process.
The temperature will be like living in Hawaii, never changes. The animals will experience perfect weather all year round.
The semen is collected in special stalls also located in the living area. The semen is passed to the lab where it is analyzed for quality, semen extender is added and then stored.
From the video, one can tell that we will have some VERY happy boars.
There are two separate living areas, each holding up to 201 boars. So if by any chance, a boar does become infected, it will not affect the entire stock. Each living area has its own ventilation and temperature control systems as well as feeding systems. Each area also, has its own transition room and washing machines to the technicians.
For an added safe guard, technicians that work in one living area are not allowed to enter the other living area. So once a person is assigned to work in a particular living area, they will always work in that area, again preventing the chance of spreading contamination thru-out the facility.
As an added bonus, the picking of names for the seven piglets was taped and I got to see this as well.
I give my sincere thanks to Earl for taping the entire event. It gives us a wonderful insight into the operations of Struthers and a view into our furture.
If anyone would like to receive a copy of this tape, just email Earl at earltheprl@aol.com
There may be a small fee for the tape and the cost of mailing it. But it is well worth it.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Rmg110, Thank you. I too believe something is about to blow. I get the impression that the sring is being tighten for a GREAT release.
As of now, yes, I'm planning to be there.
You take care as well my friend.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Get the Mob Out of Microcaps
By Lynn Duke
Well, someone has finally said it, out loud and on the record -- a very official record, in fact: Scam artists in the securities
industry aren't afraid of getting caught. Why not? Because the punishment, which is almost always a fine, is simply considered part of the overhead, and it's only payable when the money hasn't been hidden far enough offshore to avoid the fine altogether.
Bradley W. Skolnik, president of the North American Securities Administrators Association and Indiana Securities
Commissioner, recently told a House subcommittee that the only way to effectively deter fraud on Wall Street is to add
mandatory jail time to the punishment. Skolnik said this is particularly true if regulators hope to stem the spread of organized crime's role in manipulating financial markets.
"While we can't tell you exactly how big the problem of the Mob on Wall Street is, we can tell you how to best fight it: by
bringing more criminal prosecutions. The prospect of serious jail and prison time is the only way to deter these calculating,
cold-blooded, recidivist criminals. Anything less could be viewed as just a cost of doing business," Skolnik testified.
In recent years, state securities regulators have averaged about 300 criminal convictions annually. Skolnik said many of those cases could have carried harsher penalties if the SEC had been free to add federal charges. As the law now stands, the SEC must conduct a separate investigation before bringing charges of its own -- even if individuals have been successfully prosecuted at the state level. Skolnik is proposing that Congress allow the SEC to rely on state actions, whether an administrative enforcement ruling or a criminal conviction, as the "basis for pursuing appropriate remedies under federal law." Not only does this raise the stakes for scam artists, it makes much more efficient use of a limited resource -- state and federal investigators and prosecutors.
At the heart of Skolnik's testimony was a ruse familiar to Stock Detective readers: the pump and dump. He explained to
legislators, in some detail, how these schemes are handled and how it was a natural market for organized crime. Crime families obtain large chunks of microcap stocks very cheaply, say $0.50 per share, and funnel them through a mob-controlled brokerage, where brokers peddle them to unsuspecting investors. The price gets pumped to $5 or $10 a share, the "pumpers" dump, and the innocent investors are left with worthless paper.
According to Skolnik, thinly traded microcap stocks offer organized crime an efficient, almost effortless, and low-risk venue for huge profits. And organized crime families are often the only ones with enough money and enough reach (through
quasi-brokerage firms they control) to make the pump and dump work. "Why would a company go to the Mob for help?
Because the mob guys have the cash and the wherewithal to make it happen," Skolnik said.
Perhaps, the most interesting part of Skolnik's testimony was an accompanying chart showing the movement of brokers among a number of firms under regulatory scrutiny in recent years. These included Stratton Oakmont, Broadchild Securities, and Investors Center First Jersey Securities -- all of which had been shut down by regulators.
Skolnik was adamant in his call for stiffer penalties as the only sure way, and the only fair way, of collaring these criminals.
"Think about it: Someone steals your car... they go to prison. A con artist steals the money your parents saved for retirement, and they get fined. That's not right," Skolnik said. "We need to change our collective mindset about white-collar crime. Make no mistake: Securities fraud is not a victimless crime. It destroys lives just as surely as street crime does."
Skolnik continued, "Yes, the Mob is making inroads on Wall Street. To fight it, and other forms of organized crime, we need to bring more criminal actions. If we don't, a cancer will grow on our securities markets, which could have very serious and
perhaps very dire consequences. We need to put these crooks in prison."
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
"Something to think about... Anyone that gets so nervous that they cannot wait to sell
should reconsider their fortitude for investing. If you look at any of the huge moneymaking
stock market stories over the last five years and you wonder - boy it was so easy - just
invest $100 in Dell and take out $750,000 five years later - why couldn't I have gotten in
on that?
The answer is you could have, but most people are too blind, too squeamish, too quick to
panic, too quick to take short-term profits, too near-sighted to envision the true magnitude
of the "down the road" potential, too easily excited by "positive posts" while at the same
time too easily vexed by the "negative ones" to realize what they have in front of them until
it's gone. There are no "sure things" but some are closer than others. Many of the most
successful investors wear "blinders", earplugs, whatever it takes to remove themselves
from the daily grind of pessimism and the weekly/monthly grind of volatile stock swings as
they go by their instincts. Study any of the most successful stocks over the last 3 years
and chart what was being said about them "then" and how investors were reacting to
those words "then" and compare that to where they are "now." and you will see some
startling contrasts.
A perfect example is AOL. (Yes, we all realize that the Internet sector has been sagging
as of late, but regardless of that, an investment in AOL 2-3 years ago would still be worth
major bucks today after 6 stock splits.) Look at the history of AOL's last 3 years and you
will be amazed at the moments of pessimism and stock downturns. Most of the daily
followers of AOL that bought in 3 years ago were scared out 1 to 2 years ago. It sounds
hard to believe but there were many times that you could have read AOL's obituary. I
know, because before I started investing in the stock market, I said to myself - AOL -
wow, it was (is) so easy to make money - everybody should be rich but their not. -Why? -
So I went back and read every article in "The Street.Com's" archives and looked up
countless prior news and commentaries on AOL at various news sites to understand and
help me gain the "confidence to relax."
The answer is that throughout any company's path to success there are many moments of
anxiety, moments of doubt, moments requiring great patience and moment's that invoke.
"Murphy's 3rd Corollary of Stock Investing" which states: "All stocks experience
downturns just long enough to induce you to sell on the morning of the day that it
rebounds." And also. "Murphy's 2nd Postulate of psychological Market Parameters"
(commonly referred to as M2PPMP) which indicates that: "For every piece of good news
that invokes you to buy there will be two pieces of follow-up commentary that will convince
you to sell too soon." So who made out the best in AOL (even with its currently depressed
price?)
Certainly not the M2PPMP crowd, but the investors that wore their blinders. I'm content to
put my blinders on. But alas, in the end, every-one has to make their own decision based
upon their own lives. But if a few weeks or a few downturns is all that it takes to scare you
out of what may potentially be the Stock that will change your life then so be it, fall victim
to M2PPMP and be content in the fact that you can still live vicariously through the rest of
us willing to go the distance and reap the rewards" - Magnum 100
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Something to think about...
In addition to looking at the size of Struthers' alliance herd to determine supply
capacity...
Consider this as well.
LSG Norsvin has lots of hog farmers that have used Norsvin genetics for years but
are not yet part of the STRUTHERS ALLIANCE HERD.
Struthers can contract with these hog farmers to breed and raise STRU market
hogs. They can specify the feeding protocols to be used and the characteristics the
finished hogs must have.
So STRU has "ACCESS" to lots more sows that can be used to produce STRU
market hogs to satisfy a contract such as a retail deal. This is in additional to the
actual "alliance herds".
Jeff
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
NORSVIN INTERNATIONAL has:
www.norsvin.no/indexeng.htm
More than 40 years of effective breeding in large populations.
OFFICES IN:
Australia, Lithuania, New Zealand, Slovenia, Sweden, Thailand, and the
USA (LSG Norsvin).
i.e. a worldwide presence.
Norwegian pig breeding is organized as a traditional pyramid:
75 Nucleus Herds
80 Multiplying Herds
4000 piglet producers and integrated herds
2000 slaughter pig herds
The solid experience with semen service is one of Norsvin International major
strengths. 90% of the sows in Norway are served artificially. The global trend is that
AI is growing rapidly.
The most important advantages are:
***Well developed frozen semen technology
***Effective distribution systems
***Our semen production is ISO 9001 certified
***We are able to supply fresh and frozen semen.
And most important is Norsvin International has access to a well-qualifed pool of
people who know all aspects of how to operate a semen station in the most efficient
way.
By: Raskolnikov (RB)
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
If you read the post I have responded to...
the one about SiouxPreme........
Bob is forgetting the phone conversation we had yesterday when I informed him
about SiouxPreme.
I had heard that STRU was having TenderPRime processed at a 2nd site in Sioux
City.
Two weeks ago, I asked Frances about the second site and she said, "Oh, you
must mean SiouxPreme".
Then I did some research and found this website.
Had I posted it, it just would have been more hype according to Brett. Fortunately, I
don't let other people suppress my right to express myself.
It is important for shareholders to know as much as possible pertaining to their
investment. Then they can follow up and do their own research and decide on the
credibility of the information.
You should never blindly assume anything on a message board is accurate. But if
you are pointed in a particular direction, you can at least do your own DD.
By: Raskolnikov (RB)
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
BUY ON THE RUMOR, SELL ON THE NEWS ?
That is frequently how Wall Street works.
So if you always wait for the new like umdontaskme, guess what? YOU LOSE.
Some people just need to have everything guaranteed and nailed down before they
believe anything.
Smart investors have the ability to add things up and (in a way) see the future before
it is here.
This is part of what makes a successful investor.
####, anyone could have bought AOL in late 1998 but it was those investors who
bought it in 1996 or 1997 that made a "killing" in the stock.
Let's see....my cost basis was about 11 cents prior to selling some shares and
taking profits. Then I bought more shares and later increased my position. Maybe I
should have waited till 2002 to invest once I knew for SURE that STRU was a
winner.
BY: Raskolnikov (RB)
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Struthers CEO sends email to the ShareHolders Base-
From: directors@struthersinc.com (Struthers, Inc.) 9:38 PM
Subject: From the Desk of Douglas W. Beatty, Ph.D., President/CEO, Struthers, Inc.
To: NetShoe22@hotmail.com
October 3rd, 2000
Dear Shareholders,
While we wait for the written response from the SEC, I thought it would be of interest to share some thoughts with you on the industry and what I am able to discuss with you with respect to our achievements over the last few weeks.
Two points I would like to cover real quick before you read such a lengthy letter are the following: If you are having any difficulty whatsoever in deciding whether to attend the shareholders meeting on October 28th, it is my opinion that you may want to consider coming.I'll state this again.in my opinion you will not want to miss this meeting.we have planed a great meeting and realize that this is the first for Struthers, inc., one that you can tell your grand children about.because you were here.now if you can't make it, the whole event will be filmed including the interviews with our staff, folks from the industry and some of our clients who will also be attending and introducing themselves to the shareholders. By the way Charleston is
beautiful this time of year! Secondly, I have written this letter to provide insight and information for potential investors, new investors and our great shareholder base and should be used as a source of information on the industry and some of the areas we are focusing on.
State of the Industry, and why I believe your Company is position to make a difference?
The porcine industry is a $184 billion per year industry! The additional animal reproductive biotechnology area that we are making a major contribution to actually dwarfs this number. For now, allow me to comment on the pork industry and further in my discussions I will comment on our role in other animal husbandry production and why we have chosen to pursue and advance our technology to reach those industries that we are now in a position to capture.
Your Company is privileged to be a member of the National Pork Producers Council. This keeps us well informed to the market potential in the hog producing industry. We are also members of the International Embryo Transfer Society [IETS] and this membership allows us the opportunity of being informed of new developments in bioresearch and embryo transfers. By being members in good standing this allows your Company the opportunity to present research papers and always be on the cutting edge of industry technology. Data currently being compiled on hundreds of inseminations and embryo transfers will be submitted for publication.
A recent report received in our office from the National Pork Producers Council informs us that the U.S. pork industry has
experienced unprecedented growth in the decade of the '90s. More pork will be produced [nearly 19 billion pounds] and more hogs slaughtered [likely more than 99 million-head] in the USA in the last reported year [1998]; more than ever before. That growth resulted in record slaughter of over 101 million-head and record pork production of roughly 19 billion pounds in 1998.
The economic impact of the pork industry on rural America is immense. Farm receipts from hogs placed the industry in the 4th and 5th position [financially] among all farm commodities. Annual farm sales usually exceed $10 billion while the retail value of pork sold to consumers exceeds $30 billion. In fact, farm income from the sale of hogs set a new record of $13.2 billion in 1997.
The pork industry benefits more than just farmers! Pork production means jobs and economic opportunity for thousands of rural communities. The "value-added" nature of pork provides employment well beyond the farm. Based on a 1995 study by researchers at Iowa State University, the U.S. pork industry is responsible for over $64 billion in total domestic economic activity. Through direct, indirect and induced effects, the pork industry supports over 600,000 jobs and adds over $27 billion of value production inputs. The pork industry is a major contributor to local, state and national economies and governments.
Today there are approximately 114,000 pork operations compared to nearly 3 million in the 1950s. Hog farms are grown in size, too, while reducing in numbers. Over 80 percent of the hogs are grown on farms producing 1000 or more hogs per year while over half are growing on farms producing 2000 or more hogs per year. These operations, which are often very technically sophisticated, are still predominantly individual family farms. These farms are our clients.
The geographic location of pork production is shifting as well. While the traditional Corn Belt represents the overwhelming share of production, growth is also occurring in "non-traditional" hog states such as Texas, Colorado, Oklahoma and North Carolina [which ranked 14 in pork production 30 years ago and now ranks 2nd in total hog numbers]. Similarly, the global market offers tremendous growth potential for U.S. pork producers. Pork is the world's "meat of choice" by far, with approximately 43% share of the world's meat protein market. The U.S. pork industry is steadily increasing its share of this vast world market exporting over 6.5% of its production in 1998 after becoming a net exporter in 1995 for the first time since
1952. In 1999 the U.S. pork export market ranked second after Canada, boasting many of the world's most cost-efficient producers. The USA is on the verge to capture even more of the global pork business as trade barriers fall under terms of the NAFTA and GATT. And Struthers, your Company, in my opinion will be there to make this happen!
A short excerpt on my trip to the UK, which I believe should help as an analogy to explain why it is important that we have created a solid foundation for this company.
In 1290 King Edward the first, determined to claim land for the Crown, expelled numerous religious groups and peasants from their homes and seized all of their property. The property was turned over to the monks. The monks leased the properties at a rent of 11 cents per annum. The County Hotel, Canterbury, building under its various titles has always served as one of the principal hubs of the local community. It does indeed stand in the center of the city, since the center point of the half-mile circle form the city walls (60 AD) of Canterbury Falls in Whitehorse Lane, 30 or 40 yards away.
Many of the manuscripts relating to the hotel and barely date are preserved in the cathedral library, Canterbury, while further
information may be drawn from other cathedral documents in the British Museum, which I had the pleasure of viewing.
What is so profound is that if anyone had sat looking out of the front window of the County Hotel through the ages, they would have witnessed a large segment of English history. This hotel is located on the old Roman London-Dover Road, since ancient times an important artery in European communications. Before the coming of Railway's most of the traffic with the continent move backwards and forwards along it. The watcher in the window will see William the Norman, fresh from his
victory at Hastings, leading his army up to capture London. He would see the Archbishop Thomas Beckett entering his Cathedral City for the last time in December, 1170 only to be murdered moments later by King Henry's II guards and little later watch Henry the second, ruler of half Europe, hauling barefoot penance up the High Street to the tomb of his old enemy in the cathedral. The watcher will see Richard I back from the crusades after landing at Sandwich in March 1194, and Henry the third coming to his wedding with Eleanor of Provence. The family of Richard the second pushes its way through the mob, which has seized Canterbury and the peasants' revolt in 1381. Nearly every English monarch passes by. Henry the forth, Henry the fifth, and the sixth ride past on pilgrimage; Edward the fourth comes to execute the Mayor of Canterbury for high treason. Henry the eighth, Elisabeth the first and Charles the first, all come in turn. Charles II, after years of exile, passes through after landing at Dover in 1660, on his way to London, to claim his father's throne.
The rest is really history, you know the part about in 1492 Columbus sailed the ocean blue, in the Pinto, Cordoba, and the Sedan De Ville [for some reason the Pinto blew up] and founded the New World. Well we also know that Columbus was out looking for spice, when the wrong way, which actually turned to be the better way because he found a great profit center. Columbus was also told that the world was flat, I believe he proved that theory wrong. It is also interesting to note, that Columbus used three ships. Why not one big boat? My theory is that he wanted to diversify and not put all of his "eggs" in one basket...good move. We have also used this strategy in developing the business plan for Struthers, Inc. We have diversified, in what I call multiple source income strategies (MSI). We have a number of alliances, and subsidiaries, that individually feed into each other to create a whole strong entity. By somewhat of"cross-pollination" we combine all of our products and services together to become a major force and contributor in the world of animal reproductive biotechnology.
The reason that I use the above analogies is because Struthers, Inc. has taken a much shorter timeline roughly two years, and built upon a foundation which in my opinion will carry this company very solid into the future. The foundations of Canterbury Cathedral and the actual building structure took hundreds of years to build, however, today it stands as a monument to those dedicated to a great cause. It stands, and has stood the test of time because of the craftspeople and
professionals that not only built a strong foundation, but the walls, the roof and the folks inside are dedicated to a belief that no one will be allowed to destroy. For almost 1000 years, people with the same convictions you have with your Company Struthers, have made the pilgrimage to this Cathedral, in fact it is a sobering thought to see the grooves in the marble at the tombs of the martyrs who are buried inside. The grooves in the marble were made by millions of pilgrims who knelt to pray for peace, health and the betterment of mankind. That day my wife and I were also pilgrims and on a personal note it
was a wonderful experience joining my wife and children in lighting candles and pray with the bishop for those who are not as fortunate as all of us and for the shareholders, staff and animals of our company.
I truly believe that what we're building is not just another company, a very unique Corporation. We're changing history and the industry as we know it today, it will no longer be the same. The unveiling of the Gourley Scope has just proved my point. We have built, Struthers, Inc. your Company on the premise that it has to be an industry leader; I personally will not accept less! I believe that we have learned from the past, we did not have access as a young growing Corporation to the expertise we now bring to the industry. We have all heard stories about Thomas Edison, and Andrew Carnegie, however, the one story of success is the adventure of this guy who at the age of 65, living on a Social Security check, driving around in old station wagon, dressed in a crumpled white suit knocking on over a thousand restaurant doors, trying to sell a fried chicken recipe. After being turned down over 1000 times and living off the chicken he fried at the restaurants, he finally came up with an idea that instead of selling recipe, he would license the recipe and receive a royalty for every piece of chicken that was fried and sold. On or about the 1012th sales call someone believed in him and the rest is history. This man was Col. Sanders.
There is now a Kentucky Fried Chicken outlet in every city in North America, which has a population of 100,000 or more. This concept has been duplicated worldwide. What these gentlemen achieved took years to build. What we have achieved has taken a lot less time, because we use history as a tool to exponentially grow this company. We have introduced new ideas, new award winning innovative biotechnology, professionals with the dedication and the interest in mind of the producer, to the Packer, and to the retail market and we will stand the test of time. It may also be an interest to know that Microsoft was a privately held corporation for 12 years prior to going public; Struthers, Inc. went public almost immediately. We have much to be proud of, an excellent selection of products and innovative reproductive techniques, the dedicated staff, and the dedication and conviction of a very unique shareholder base. I believe we have earned the right to be here and be public!
I've had the privilege in my lifetime to work with many individuals, from salespeople, Fortune 500 executives, military leaders, royalty, noted speakers, Nobel prize winners, TV personalities, Olympic athletes and sports stars, however, it truly is amazing that the individuals who we call shareholders, investors or team mates had given me more pleasure than anyone else I've ever had the opportunity to work with or for. It is my hope, that the patience you have had over the last two years will pay dividends in numerous ways, and in the value of what we bring as a whole group to this industry we call reproductive biotechnology.
Just recently, we delivered the first piglets ever conceived by non-surgical embryo transplantation, by using the patented Gourley Scope. This birth was the "shot" that was heard around the world and you the shareholders took the initiative to share this opportunity around the globe. Although, Struthers was sharing this information with the media and incorporations, which need this technology, you our teammates took the time to send this information to anyone who had a fax machine, e-mail or would listen. I know this, because of the calls I received from the media and from biotechnology companies
around the globe. Although, at this time I can't tell you as of yet what has transpired, I can tell you that you should be very proud of what you did, it was something that virtually is unheard of in the public arena. Your efforts are about to change the Company and the industry forever; for this I am truly grateful. I'm also grateful for the phone calls, faxes and e-mails of encouragement, believe it or not together we have already made the difference. And yes, we still have a few hoops to jump through i.e. full registration, but we will do it! That's a given, and I appreciate your patience. We have done everything possible to move in the correct direction. When I get the news, you will get the news. You also named the seven piglets I
initially called "The Magnificent Seven". We received over 850 names of which the following were drawn at the boar stud opening, MinneSTRUta, Zoloft (that's useful), Hammibol, Hamingway, RMG, Babe in the Woods and Ontario School. All of the offspring are doing well and will be registered under their new names. The rest of the names will be kept on file and drawn for the other non-surgical embryo transfers on pigs, sheep and deer that we are continuing to perform.
I have always said, "if you really want know with the future holds, then design it yourself", no one else will. The only caveat is that with all the great suggestions from the shareholders, you are actually helping to develop our future along with us and as you know I appreciate all of your suggestions, they are most welcomed.
I would also like to take the opportunity, to thank everyone, from our staff, shareholders, builders, and the media and especially our new family of piglets who were part of the grand opening of our boar stud facility. This event did not go unnoticed as we were visited not only by current clients, but individuals representing corporations from around the world. I also like to take this opportunity to personally thank Dr. Alan Carlson, Brent Legred and Randy Muller for the excellent job of designing one of the most impressive state-of-the-art boar stud facilities in North America. The timing of the opening of
the boar stud could not happened at a better time. Once the bio-security checks have been made of the unit, 200 boars will enter the facility within the next week to 10 days. Along with other superior boars we have located overseas that contain genetic traits that we feel are necessary to meet the future packer and consumer needs. The interesting aspect of bringing in these additional boars is that we do not need to buy them.we place them in our stud and a portion of the semen profit goes back to the company who sent them to us. Not only do we increase the number of animals in our stud boar operation (to utilize its full capacity), we continue to improve upon the elite genetics available for our clients who would otherwise not have access to the genetic package we have available. As the porcine breeding season is now getting underway I fully expect that the LSG subsidiary will be very busy filling the orders which have increased since the boar stud opening.
With respect to breeding, Dr. Gourley and his team have been extremely busy with semen/embryo collection, inseminations and non-surgical embryo transfers in swine, deer and sheep. Over the past few weeks Dr. Gourley has performed inseminations and non-surgical embryo transfers in hundreds of animals for our new clients.
With respect to the Spencer, Iowa research facility we now have data available on over 500 Gourley Scope inseminations and non-surgical embryo transfers. At present this data is being compiled both for publication and marketing materials. Dr. Gourley is also heavily involved with the USDA "Food for Peace" project that he leads in Mongolia. The notoriety that he brings to Struthers, Inc. in the Asian community has given us a major jump-start in the Pacific Rim countries.
With respect to the Pacific Rim, I am delighted to report that Struthers, Inc. will have a booth (A33) at the Agri-Link 2000 Expo, at the World Trade Center, Manila, Philippines, October 19th to 21st. In attendance at the Expo will be Dr. Dennis Gourley, and our International Genetic Consultant to the Philippines, Mr. Mark Anderson and Mr. Patrick Chua our Asia/Pacific Rim Marketing Consultant. The Gourley Scope will be demonstrated along with our line of artificial insemination supplies and our porcine and sheep genetics. This is the largest agriculture industry show its type in the Pacific Rim and we
believe our presence will jump start our business and office in this extremely important area of the world. After working in the
Philippines on behalf of Struthers, Inc., and working with the swine producers and agriculture department Mark helped develop a business plan which has demonstrated how we can increase the Philippines pork production by 30 to 40 percent without increasing existing herd sizes, reducing disease, improve local meat quality/nutrition, and also assist the countries food security program using our elite genetics and the Gourley Scope. A "cookie cuter" approach we are to employ
worldwide. What we have achieved nationally is ready internationally!
Since interest in our technology within Europe has grown tremendously since the release of the article on the Gourley Scope by Pig International Magazine, we are also in the process of considering displaying at the Hanover, Germany, BIV conference to be held November 28th to December 2nd. This is one of the largest animal reproductive conferences held yearly in Europe. Dr. Gourley and I are working on the data collected so far to be displayed in poster fashion and also
publication for major journals.
I'm also very proud of Ms. Tracy McGraw, General Manager of our Elite Visions team in Waukon, Iowa. Tracy and her team have worked very hard to develop our Tender Prime meat distribution center. Along with the 5000 square foot office and warehouse facility we now have a subzero freezer unit which is capable of holding and sorting 30,000 pounds of meat per week. Although, we are currently shipping product in large quantities, an e-commerce commercial Web site is in production to be able to handle orders via the Internet. We expect that this facility will be fully operational within a month and be able to handle and ship our naturally raised meat products in smaller quantities to meet the individual consumers needs. The products that will be available to our retail market will consist of; our Tender Prime line of USDA certified pork, lamb, venison, beef, and chicken. Peripheral items, which will be available, are at the moment an all-natural USDA certified barbecue sauce, dry spices and a USDA certified all organic breading mixtures. For those of you who have already ordered, you know
that we always add a little something extra. Our goal is to supply our consumers with the best wholesome products available on the market today.
Muller AI, Inc. Open House
We are all very excited about our grand opening of the Muller AI new warehouse and office facility Oct. 5th and 6th. The new facility located in Sioux Falls, South Dakota will support the sales and distribution of all of our artificial insemination products and reproductive training. For the opening we have invited our clients, news media and placed numerous ads in trade journals and local newspapers. As with the opening of the boar stud facility, you the shareholders have an open invitation to also attend this event and enjoy the festivities, which include a luncheon featuring Tender Prime.
Recent Media Articles
*www.waukonstandard.com - article on Elite Visions meat distribution facility
*Pig International - article on Gourley Scope, distributed worldwide
*www.meatingplace.com - article in Meat Marketing Industry, magazine, distributed worldwide
*ABC NEWS - taped segment for local stations and then sent to affiliates
*Local Charleston Post & Courier
*Charleston Symphony Orchestra (CSO)- sponsored opening night, media, paper, ads and opening night recognition, full page ad in the CSO guide throughout 2000-2001
*Bricelyn and local papers
*National Hog farmer - magazine ads for Muller AI
*AgDay TV and radio
*KNAC - radio, 30 and 60-second commercials for the Boar Stud - did full remote reporting from Boar Stud opening all day
*Video interview with Dr. Carlson explaining the role disease has in pork production and why our LSG herds are the hogs of choice for the producer and Packers.
*Contracted videographers - Full video of Struthers and Boar Stud opening for use as a corporate video
*Company updates in the NPPC and Porknet web sites
*Letter from the United States Senate, Sen. Paul D. Wellstone (MN), congratulating Struthers, Inc. for the opening of the boar stud facility. Sen. Wellstone, although, impressed with the fact that we opened our new state-of-the-art boar stud facility, sent his regrets for not being able to attend due to his presence required in Washington at this time.
We have also have had articles written in Germany with respect to our company which I will add along with the newspaper articles and videos to our new Web site.
The recent worldwide media attention has generated a steady stream of requests for our products and services, which has kept us very busy. It is my opinion that we're going to have an excellent fall breeding season.
SEC Update
Although, we are in constant contact with the SEC and expect to hear from them soon, I have no pertinent information that I can share with you at the present time other than we are making excellent progress. However, when news is available, it will be shared with everyone in the investment community at once by newswire. Just a helpful reminder .it does not help us if folks keep calling the SEC to keep checking on our status.
Annual Meeting of Shareholders
To date we have had an excellent response from shareholders to attend our first Annual Meeting. In attendance to make presentations from all of our subsidiaries, will be Dr. Dennis Gourley, Dr. Alan Carlson, Brent Legred, Randy Muller, Tracy McGraw, Frances Kotnik, Rhett Seabrook and myself. Also in attendance will be other members of our staff and the industry to address questions, which are pertinent to our business.
As mentioned previously, we have planned an excellent meeting, and in my opinion if there is any question in your mind on whether you should attend this meeting, I can only say, that I would highly recommend it.
The general meeting will be held between 9 AM and noon, after which the afternoon is free time until the evening festivities, which start at 5 PM to 7 PM for hospitality, dinner and speeches to follow. I would greatly appreciate if you would e-mail Frances Kotnik (investor relations) at fkotnik@struthersinc.com and indicate how many in your party will be attending the dinner so that we may set the room accordingly.
The special room rate that we have for shareholders at the Embassy Suites Hotel expires Oct. 6. If you are planning to stay in this hotel, please reserve your room before the expiration date. Please review our website for further details on the hotel and meeting. Hotel shuttles are available from the Charleston International Airport. As some shareholders are arriving prior to the meeting a dinner/dancing boat cruise has been arranged for Friday night Oct. 27th. Although, this is not a Struthers, Inc. event, my family, and I and other "Struthers Family Companies" staff members will be in attendance to spend time with anyone who would like to share this fun evening with us. The three-hour cruise of the Charleston harbor at night aboard the
SpiritLine ship is spectacular. If anyone is interested in attending this cruise, it boards at 6:30 PM and returns to Patriots Point at 10 PM. The cost of the dinner cruise is approximately $40 and tickets may be obtained by calling 843-722-2628. When booking tickets please mention that you're with the Struthers group and their staff will seat you in our area. They also have a Web site at www.spiritlinecruises.com.
Thank you very much in advance for taking the time to read such an extensive note, however, I hope that you found its contents informative. I look forward to meeting everyone very soon.
As always, warmest regards,
Douglas W. Beatty, Ph.D.
President/CEO
Struthers, Inc.
For further information on Struthers, Inc., visit their web site at www.struthersinc.com.
This is not a solicitation to buy securities and does not purport to be a complete analysis of Struthers, Inc. Investing in securities is highly speculative and carries a degree of risk. Past performance does not guarantee future results.
Contact: Struthers, Inc. Charleston, SC
Ms. Frances Kotnik, Public Relations, 843/763-1755
To be removed from this mailing list, click the following link: http://208.56.170.224/r.php?id='2067'&a='genison@earthlink.net'
October 03, 2000 17:38:45 EST
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Struthers CEO, Doug Beatty answers to Raskolnikov's post.
I just received this email from Doug Beatty. It contains a ton of great
information (particularly if you really think about every line here). Go to
my email to Doug first (BELOW) and read that. I forwarded to Doug my RB
post, "STRUTHERS' CURRENT CAPABILITIES" and asked him to comment on whether
or not STRU did in fact have those capabilities.
The comments below in ALL CAPS are my personal comments on what Doug is
saying. The rest is pure Doug.
Personally, I believe every word here. Doug has been wrong in the past
about TIMING, but he has been truthful about
what is happening. My expectation is that A LOT will unfold over the next
1-4 months....but only after back on the OTC.
I have heard that the acquisition of NORSVIN INTERNATIONAL is a done deal
(cannot confirm this). Check out their website and you will notice they have
a presence in Norway, Sweden, Lithuania, New Zealand, Australia,
Slovenia, Thailand and of course the U.S. Which means that STRU will have
a presence in all of these countries.....i.e. satellite herds around the
world.
Think what STRU can do with these genetic bases PLUS the GOURLEY SCOPE.
Read the below very carefully. You might even want to read it twice!!!!!!!!!
----- Original Message -----
From: Douglas Beatty
To: Jeff Simon
Sent: Tuesday, October 03, 2000 7:33 AM
Subject: Re: STRUTHERS CURRENT CAPABILITIES
Dear Jeff,
You are very correct in your summation of our capabilities...I'll add a few
more as we release more PRs.
DOUG IS CONFIRMING ALL THE CAPABILITIES IN MY RB POST (SEE BELOW) AND STATING
THERE ARE MORE
CAPABILITIES THAT WERE NOT MENTIONED IN MY POST. I AM GUESSING THAT ONE OF
THESE ADDITIONAL
CAPABILITIES IS: S E M E N S E X I N G TECHNOLOGY.......WHICH HAS
TREMENDOUS IMPLICATIONS.
WITH "SST" STRU CAN GET ALL GILTS FROM THEIR SOWS.....ALL GILTS.....REMEMBER
BOARS DO NOT
BECOME MARKET HOGS DUE TO "BOAR TAINT". THIS WOULD ADD TREMENDOUSLY TO
PROFITABILITY AS
WELL AS CAPACITY.
Sows also on average. produce 2.5 litters per year...9-11 animals per
litter. If we do not sex the semen usually half our both male or female..out
of our stock we usually retain 20% for F1 breeding stock...gilts or potential
boars. 80% are sold as multiplier gilts if they are F1 (one generation below
grand parent status.
OKAY, DOUG IS SAYING EACH SOW GENERATES ABOUT 25 PIGLETS PER YEAR. 20% ( OR
5 PER LITTER) ARE HELD BACK FOR BREEDING STOCK.....OF THE REMAINING 20
PIGLETS.....TYPICALLY 10 ARE SOWS, 10 ARE BOARS.
WHY DO YOU THINK HE SAYS, "IF WE DO NOT SEX THE SEMEN....."??? Hmmmmmmmmmm.
IF YOU DON'T HAVE "SST" ALREADY, WHY WOULD YOU STATE IT THIS WAY??? I
THINK THEY HAVE IT (IMHO).
The F1's are the gilts we sell the our alliances to produce market hogs (F2)
....we have an interesting flowchart that helps to explain this and if you
e-mail your fax I'll send you this part of our business plan which helps to
visually understand the hog flow.
Please keep in mind that we also sell many F1 animals to producers who are
not alliance farmers but we do in most cases have first right of refusal to
pull the hogs out for our packers...the producers love it as we pay them more
for their hog then resell it as Tender Prime or to the packer at a
premium...win-win-win all around without incurring the overhead of raising
the animals in our facilities.
ISN'T THIS WHAT I POSTED (COINCIDENTALLY) ON RB YESTERDAY??? READ
CAREFULLY. DOUG IS SAYING THAT STRU SELLS MANY F1 ANIMALS TO PRODUCERS WHO
ARE NOT ALLIANCE FARMERS BUT, BUT, BUT, BUT.......
STRU HAS THE FIRST RIGHT OF REFUSAL TO PULL HOGS OUT FOR THEIR PACKERS.
MEANING,
WE MAY HAVE 200k SOWS IN OUR ALLIANCE........AND...........ACCESS TO ANOTHER
HUGE SUM OF SOWS WHO ARE PRODUCING PIGLETS BUT ARE NOT PART OF THE ALLIANCE.
DO YOU UNDERSTAND THE SIGNIFICANCE HERE?
HERE COMES SOME MORE VERY INTERESTING STUFF..........
And as you know we average $450 profit per hog on the Tender Prime Pork, the
other natural meats sold through Waukon pricing will be available shortly ,
but one can expect we will average $2 per pound profit on natural poultry.
The cost and profit on beef, venison and lamb will vary, however, pricing
will be available within the next week prior to the launch of the e-commerce
web site.
H E L L OOOOOOOOOO.......DID DOUG JUST SAY THAT STRU WILL HAVE THEIR WEBSITE
UP AND RUNNING WITHIN THE NEXT WEEK.........TO SELL NOT JUST
PORK.........BUT.......POULTRY, BEEF, VENISON AND LAMB?????????
I THINK I JUST MESSED MY PANTS!!!!!!!!!!!!!!!!!
NOTE: $450 PROFIT PER HOG ON TENDERPRIME......$2 PROFIT PER POUND ON
POULTRY.....THE COST
OF ALL THESE PRODUCTS WILL BE AVAILABLE WITHIN THE NEXT WEEK. I CAN'T WAIT
TO ORDER SOME.
Tender P Pork product has already been processed, truck load last week and
again this week...the 30,000 lb freezer has over 5000 lb of pork currently
and is capable of holding and sorting 30,000 lbs of frozen meat per week,
however, we have large orders for fresh product which are being processed,
but will be shipped directly from our packer (not Lorentz) to the client,
Stamped USDA Certified , the product will have the clients name and also
carry our Tender Prime label, produced by Struthers...
5000 POUNDS OF TENDERPRIME IS IN THE FREEZER AT WAUKON RIGHT NOW.
WAUKON CAN HANDLE 30,000 POUNDS OF FROZEN MEAT PER WEEK.
DOUG SAYS, "WE HAVE LARGE ORDERS FOR FRESH (UNFROZEN) PRODUCT WHICH ARE
BEING PROCESSED AND WILL BE SHIPPED DIRECTLY TO THE CLIENT (USDA CERTIFIED).
THE PRODUCT IS BRANDED "TENDERPRIME".
when appropriate I'll let everyone know where they can buy that product. It
is getting very fun around here...David has done an excellent job...every hog
and every part of our hog is now spoken for...getting producers to
participate in our program is not a problem...
"EVERY HOG IS NOW SPOKEN FOR"............."GETTING PRODUCERS TO
PARTICIPATE...NOT A PROLBEM"
YOU GOTTA LIKE THAT.
However , they must meet our standards and those set by our consumers. I
believe we will hit the numbers we need as we grow...I have no doubt of this!
David and obviously the rest of the team has certainly made me very
proud...When we are ready I'll inform all shareholders of David's amazing
sales results and progress. Obviously it will be released in PR fashion. For
this reason I'm telling shareholders if there is any doubt in their mind on
attending the shareholders meeting ...they should be here!
I can not stress this enough...we have planned an excellent meeting! I do not
believe anyone will leave disappointed.
I hope I answered your questions...good ones by the way.
Best regards, keep up the great work!
Douglas
I THINK THE REST SPEAKS FOR ITSELF. DOES THIS MAN SOUND CONFIDENT OR WHAT???
----- Original Message -----
From: Jeff Simon
To: Douglas Beatty
Sent: Monday, October 02, 2000 8:53 AM
Subject: Fw: STRUTHERS CURRENT CAPABILITIES
DOUG, DOES STRUTHERS NOW HAVE ALL OF THE CAPABIILITIES I HAVE LISTED
BELOW IN MY POST ON RB???
PLEASE LET ME KNOW IF ANY OF THESE ARE INCORRECT....I DON'T WANT TO MISLEAD
ANYONE.
2nd QUESTION: IF A SOW HAS A LITTER OF 25.....HOW MANY OF THESE WOULD
TYPICALLY BECOME MARKET HOGS, HOW MANY WOULD BE BOARS, HOW MANY HELD BACK
AND ADDED TO GILT HERD, ETC.????
THANKS, JEFF
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Re-Post by Raskolnikov (RB) STRUTHERS CURRENT CAPABILITIES:
Some were confused by my previous "WHAT IF" post, so let
me try and be less oblique and more crystal clear.
I believe that Struthers can currently do all of the
following things:
1. Remove the ovaries from a genetically superior sow.
2. Rmove the ovum (eggs) from the ovaries.
3. Fertilize the eggs with semen from a top sire boar.
4. Wash the fertilized embryos disease free.
5. Implant these disease free, genetically superior
embryos in surrogate sows (sows having superior reproductive characteristics)
and MULTIPLY THEIR GENETICS EXPONENTIALLY.
6. Produce some of the best gilts and market hogs in the
world; hogs that grow faster, bigger, leaner, & tastier.
7. Grow our alliance herd at an exponential rate using
the above mentioned capabilities and thereby produce millions of superior
market hogs and gilts every year.
8. Produce gilts and market hogs that are ALL DISEASE
FREE as well as free of 7 to 14 of the 14 possible swine pathogens.
Therefore, every market hog produced will be used for VALUE ADDED PORK
PRODUCTS which have a higher profit margin.
9. Struthers can not only wash embryos disease free but
also has technology (Gourley scope) which enables them or any hog farmer to
implant semen or embryos INTO THE EXACT RIGHT SPOT in the sows uterus. This
can be done in a non-sterile environment and takes about 2-3 minutes per hog.
10. Struthers has built a family of companies including
LSG Norsvin, Elite Genetics, and Muller AI. Combined these companies can
provide the GENETICS, AI and ET services, vet services, feed and everything
else the hog farmer needs. They are the only company in the industry that can
do all of the above at the present time.
11. Struthers has the ability to do AI and Non-surgical
ET on Sheep, turkey, deer and other species. This should enable them to
create additional profit centers in these areas. If they acquire top genetic
material for these species they have the ability to multiply the genetics
exponentially. (Look for acquisition of Elite Genetics soon IMHO).
12. Struthers just had the Grand Opening for their new
state of the art BOAR STUD FACILITY. In approximately 6 months it should have
400 boars. Together with Struthers' other Boar Stud operation they will soon
have about 600 boars....one of the largest boar stud herds in North America.
These are genetically superior boars.
13. Struthers is now capable of using just 1/8 of a
normal dose of semen to get the same results as other companies get with a
full dose? This in effect will make a boar stud herd of 600 seem like a boar
stud herd of 4,800.
14. Struthers is capable of producing satellite herds all
around the world. This would enable them to sell their genetics and services
worldwide (including ETs for herd recovery).
15. Struthers has their own private label PREMIUM PORK
PRODUCTS called TenderPrime. Marketing of this product will begin in the 4th
qtr of 2000.
16. Struthers has been breeding hogs using FROZEN SEMEN.
This is of tremendous importance because it enables them to store their semen
and to transport it around the world and then use it in conjunction with the
Gourley Scope.
I am sure I could list many more things here that I
haven't thought of. However, I hope you are getting the big picture. Look at
the trends in the pork industry. It is clearly in the direction of VALUE
ADDED PRODUCTS. That is the market that Struthers is targeting and they will
soon be able to capture a large portion of that market.
I believe that Struthers' Alliance Herd is now much
larger than many suspect. I also believe that events that will unfold in the
coming months will propel us to an even larger Alliance Herd. I believe that
Struthers will be able to produce millions of market hogs even in 2000 and
that should grow dramatically in 2001.
LET'S DISCUSS POSSIBLE MARKET CAP FOR A MINUTE.
Supposedly, Wall Street is looking for companies with
good revenues and high revenue growth rates.
Can you imagine how much Wall Street would love Struthers
if it did over $1 BILLION in revenue in 2002? What do you think STRU's market
cap value be?
One way Wall Street values a company is to look at Sales
Revenue and Revenue Growth Rate. Often, a company's market cap is a multiple
of sales (called PSR or Price to Sales ratio).
If Struthers' was given a PRICE TO SALES RATIO of just 10
and revenues were $1 Billion....the market cap could be $10 BILLION.
Let's say the OS was a nice even 400 million shares at
that time....then the share price would be $25.
What if this happened in the next two years and you owned
even 100,000 shares? You would be worth $2,500,000.
If you owned 250,000 shares, you would be worth
$6,250,000.
****************************************************
Remember that it is all about Revenues and Revenue growth
rate. Also remember, that Struthers' has a very healthy profit margin in each
of its profit centers.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Fatt Matt, Not yet Bud, but I will. Working on it now.
Thanks dear friend.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
C & D Shares, I had to go and read what TBone had posted.
First, when ever I invest in a company, I always ask, 'If I was the CEO, would I do that or make that decision?; If YES - Then Why?; If NO - Then Why?" And then I will invest accordingly.
The (C) Shares: If I was the CEO of Struthers, and had taken this company from nothing but a concept to what it is today, I would definitely want to protect it and the (C) Shares gives that protection.
**From Form 10:
The consent of the holders of all of the outstanding Class C Stock and Class D Stock shall be required for
(i) any merger or consolidation of the Registrant with one or more other corporations and or entities in which the shareholders of the Registrant immediately prior to such merger or consolidation hold majority of the voting power of the Registrant and immediately after such merger or consolidation would hold stock representing less than a majority of the voting power of the outstanding stock of the surviving corporation; See NOTE:
(ii) the sale of all or substantially all the Registrant's assets;
(iii) the liquidation or dissolution of the Registrant;
(iv) the declaration or payment of any dividend on the Common Stock (other than a dividend payable solely in shares of Common Stock); or
(v) any action which the holders of the Class C Stock and Class D Stock believe to be contrary to the best interests of the Registrant.
NOTE: Ref Item (i) above, if the Registrant after such merger would hold stock representing MORE than a majority of the voting power, then the vote of all CLASS (A) holders would be required before the merger.
I believe this is our ACE-IN-THE-HOLE. This prevents SYSCO, SMITHFIELD, or any other big corporation from performing a takeover. These big companies could have come in took over, use the technology and leave the STRU shareholders in the PIG-PEN. I agree with the (C) Share concept 100percent.
(D) Shares: TBONE, if I read it right is concerned that the holders of the Class D shares could buy our stock from us.
Let me just say, if I own stock, no one is going to buy it from me unless they pay me my asking price, end of story.
The form 10 states the holders of Class D shares can at certain times buy common shares which are oustanding and issued. Now if they are outstanding then they are issued. If they are issued then they are outstanding. Can they buy your shares? NO. Can they buy shares which are in the float and are free to trade, YES. So WHAT IS THE BEEF? Am I missing something here?
***From the FORM 10;
The shares of Class D Stock, as a unit, shall have the right, at the option of the holders thereof, their designees, assignees, heirs and/or legal representatives, to purchase on the first day of January and on the first day of July of each year shares of Common Stock aggregating in number 2 1/2% annually of the issued and outstanding stock of the Registrant. For this purpose, the number of issued and outstanding shares shall be fixed at a maximum of 100 million shares or the then outstanding stock, whichever is less, and a minimum of 50 million shares or the then outstanding shares, whichever is greater. The purchase price shall be equal to 10% of the average of the bid and asked price of the Registrant's shares during the ten day trading period immediately preceding the first day of January and July of each year.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
RePost of MSG #200 - Here is a good-news email:
Subject: Re: Distribution Facility
Date: Mon, 2 Oct 2000 13:27:52 -0400
From: "Rhett Seabrook" rseabrook@struthersinc.com>
To:
Kristi,
The distribution facility is complete and the logistics of operation are
being put in place.
Rhett Seabrook
COO/Director
Struthers, Inc.
----- Original Message -----
From: kristi
To:
Sent: Sunday, October 01, 2000 4:14 PM
Subject: Distribution Facility
Dear Doug or Frances,
I just realized the end of the third quarter is upon us! Is the distribution facility
complete? If not, can you give me a time frame of when it will be? (And BTW, from
now on instead of emailing you for permission to share your email response after I
receive it, I will assume it's OK to unless you specifically tell me not to share one!)
Thanks very much. I have a good feeling about next week!
Kristi
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term