Replies to post #1076 on TEAM F/A

[serfdom]

EMFP for Snap Hook

Snap, I downloaded a Reuters ProVestorPlus research report from Fidelity - dated May 27 2006. Following are highlights:

Financial Summary
BRIEF: For the fiscal year ended 31 December 2005, Emergency Filtration Products, Inc.'s revenues increased 61% to $655K. Net loss rose less than 1% to $1.6M. Revenues reflect increase in the turnover mainly due to the substantial increase in Nanomask and NanoMask replacement filter sales during the year. Higher loss reflects increase in the cost of sales, the presence of research &
development expense and increased administrative expenses.

Percent Price Change
Year to Date 157.72
One Year 380.00
Two Years 433.33
Three Years 195.38
Five Years 368.29

Per Share Statistics and Current Price Multiples
Per Share Multiple
Earnings (TTM) ($0.03)
Book Value (MRQ) $0.07
Cash Flow (TTM) ($0.02)
Revenues (TTM) $0.06

Employee Count: 25

Insider Trading
In the last 6 months, there have been 2 insider
purchases for 1.94 million shares, and there have been 5
insider sales for a total of 218,000 shares.

Industry Comparison of Revenue Growth and EBITD Margin*
Companies with higher than average EBITD margin and revenue growth are doing well. Companies with a low EBITD margin and revenue growth are suffering.
Companies for this scatter plot have a market capitalization between $54 million and $120 million.

- EFMP scores highest in the industry for revenue growth, approx. 1200%
- Scores a (-35%) for EBITD Margin (TTM) (middle of the "pack")

Industry Comparison of Profit Margin (TTM) and Profit Margin (5-Yr. Avg.)
Companies with trailing twelve month profit margins
above their 5-year average are improving their
profitability.

- EFMP not doing so well here IMO. -250% Profit Margin (5-Yr. Avg.)

Financial Strength
Quick Ratio 3.5 - nice!
Current Ratio 4.1 - also nice!
Total Debt to Equity 0.0 - nice - no debt!
Long Term Debt to Equity NA
Interest Coverage for Trailing Twelve Months (465.5)

[serfdom]

Snappy, here is the technical analysis for EMFP

05/24/2006 Symmetrical Continuation Triangle (Bullish) Possible price target: 2.70 - 2.90 (current price 1.92)

05/23/2006 Double Moving Average Crossover Bullish

05/25/2006 MACD Bullish

05/24/2006 Momentum Bullish

[lady*b]

IMHO, This is a darn good one, Snap. Listen. In a nutshell, they are spending a TON of money right now and raking it in as well.

I can not get over the massive increases in revs from last year to this year. FANTASTIC.

Revenues: During the three months ended March 31, 2006, the Company experienced a substantial increase in revenues compared to the three months ended March 31, 2005 of approximately $1,534,000 primarily due to the substantial increase in sales of the environmental masks and related filters. The Company commenced production of the filters at the Company’s manufacturing facility during November 2005 and has experienced dramatic increases in the demand for the environmental mask and filter products during early 2006. The Company expects the demand for the environmental masks and filters to continue to increase in the near future due to continuing and expected virus outbreaks such as SARS and Avian Influenza (Bird Flu). In addition, the Company has entered into various domestic and international distributor agreements with minimum order quantities and began shipping product to the international distributors during March 2006.

NOW. Do I expect any real outbreak of these virus'? MMMMMMM.....not really. Companies are breaking their backs right now to get some control on that. However, The paranoia has significantly increased. There is your key and thank the media for that. Everyone is turning germaphobe and I believe this company is playing the right card, lol.

EXCELLENT forward looking statement:

Management has been able to secure numerous domestic and international distributor agreements with minimum order quantities. In the aggregate, these distributors have committed to purchase a total of 580,000 masks and 9,800,000 filters in 2006, and 715,000 masks and 11,450,000 filters in 2007. These minimum orders, assuming they are fulfilled, would generate revenues of approximately $8,000,000 to $9,000,000 for 2006.


Set it and forget it, Snap. Just keep an eye on it, but this seems pretty legit right now.

Good luck to you.