EMAIL From DOUG 10/13/00 Re: Hello Doug... A smiling STRU holder. Date: Fri, 13 Oct 2000 8:57:12 AM Eastern Daylight Time From: "Douglas Beatty" To: Dear xxxxx, I thank you for your kind note of confidence. Much of what I have seen on the boards or e-mailed to me is of course 50/50 and in some cases very accurate...you have some very good teammates who have done a fantastic job of DD. With respect to a buy out...I would submit this: When a company such as Struthers gains so much attention both nationally and internationally there are other companies who would like the products we have which are unique to the industry and historically you will see acquisitions and or buy outs...in my own opinion STRU is ripe for such an action. Will it occur ? I can not say ...I could easily point out the recent buyout of IBP from Iowa Hams by its first owner Mr. Gillette. One can surmise that IBP was bought because of its international presence and because of its size. We can speculate quite a bit on buy outs, however, no formal offer of substance has come to me...and if there was an offer of substance it would have to be substantial $15 to $30 not $3 or $4(that would be an insult) before I would bring it to the shareholders for their opinion. I would also stress that even though I can block a hostile take over I always have the shareholder interest in mind and will consult with them. Lets not forget we are a team ...everyone is on it and I plan on keeping it that way! I may be somewhat different than other CEO's out their and sometimes I do things which get people to scratch their heads and wonder why? But I have reasons for everything and those reasons serve all. I did not bring this company from less than .05 cents and all the professionals and the first in the world technology only to give it away...no ! We have way to much going for us to let this happen. Hope I've answered your question, and yes we are international. With warm regards, Douglas
----- Original Message ----- From: To: Sent: Thursday, October 12, 2000 5:39 PM Subject: Hello Doug... A smiling STRU holder.
> Dear Doug, > I have only emailed you once before to commend your Hard work. > I do not want to take up much of your time today, but I must inform you again > How excited I get from reading your emails to other investors on RB. I have > learned a great deal about Stuthers inc. From your Website and (RB, if the > posts are real). > I keep thinking INTERNATIONAL....... STRU can become a Very big company.... > Are You a potential Buyout? and if so How does that affect the technology > patten on the Gorley Scope? > Patiently waiting >xxxxxxxxxxxx > From New York
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
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