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Re: None

Friday, 03/18/2005 9:48:02 AM

Friday, March 18, 2005 9:48:02 AM

Post# of 274
I have the sense that the Nigeria contract is a done deal...

because the PR was so specific. It could have read something like...we are in negotiations with several interested entities for use of our technology... or something along those lines, but what was in the PR is:

"One inquiry from Nigeria, which UltraGuard has now quoted, involves the possible sale of 1,000 UltraCell systems per month for a three year period. In addition, we have seen a number of very serious inquiries from Japan and Third World countries." UltraGuard CFO, John Gaetz said, "Should we be fortunate enough to receive an order of the size quoted for shipment into Nigeria, the proceeds of the sale would provide the Company three years of assured cash flow."

A contract announcement could come at any time now IMO.

GLTA!



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