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Shrinky Dynk

03/14/07 2:17 PM

#257 RE: speckulater #256

Just talked with Mr. Choe on the phone. Asked about financials....he said he hasn't received any info about finacials yet from China. Also asked about setting up a manufacturing plant here and he said that somebody was interested at one time but nothing happened. We also talked about pipe being approved to be sold in U.S. market. He seems a little unsure on who he goes to for approval. I think it's ASTM approval that he needs at least that's what I told him. I also asked about Hami Perfecture and he said it was still in negotiations and that they have quite a backlog of orders.