Replies to post #10787 on EnviroTechnologies International Inc. (ETII)

[joseywalestx]

most good companies have learned to stay away from any forward looking statements it just hurts them.The good ones wont even post a pr until the business is concluded as they have learned that most business is killed by nosey people that call the companies incessantly that are involved and crush anything that is going on.. You have had nothing but good news from this company for months and there is nothing but further decline in share price SO WHAT WOULD BE THE MOTIVATION

[punk153]

3rd quarter finanicals should be coming out shortly. My best guess is mid-December. Josey is right. Look at pink sheets. This company has done a fantastic job at posting financial data.

I and other investors would love to see the financial data behind just how profitable HNSS's business could be. I believe Mr. Black will withhold this information until the business is already in place and no outside competitors can stop it. Competition in HNSS's business sector is fierce and disclosing business plans and/or future potential earning data to early could seroiusly harm HNSS's business plan.

Here is some info on the CE mark that HNSS is currently in the process of obtaining. Notice how it says that a CE mark representive needs to be obtained by the company. Also note how the last PR stated, "The Company had previously obtained a European agent in The Netherlands in anticipation of this development."

It is my opinion that this CE mark process is well underway. I have been doing some research on the time span that it takes to get CE approval. It can take as little as a month if all quality assurance data and research is already obtained for the product. Considering that the products that are being made are very basic, I would imaging that the CE mark process should only take 4-6 weeks. We could hear about CE mark approval within the next several weeks considering that the company had already obtained a "European agent in the Netherlands" prior to this PR.

IMO

CE Marking (CE-Marking), also known unofficially as "CE mark" or "EC Mark", as shown on the top of this page, is a mandatory mark for many (estimatively around 70%) of the products sold on the EFTA plus European Union (EU) market (total 28 countries) and it is often referred as the "Trade Passport to Europe" for non-EU products.

EU legislation, e.g. EU directive concerning Liability for Defective Products, make EU importers liable for the products they import, including the machinery they provide to their employees for work. Many non-EU exporters are finding that no matter how interested a prospective EU importer may be in the product, the importer will NOT risk importing non-conforming products (i.e. the products without CE Marking) which, in case of accident, may generate legal action against them. The liability claims in a law suit can be as high as 70 millions EUROs.

CE Marking may be achieved through several modules. One of the most practical ways, which is preferred by many EU importers who are neither specialized in the complicated CE Marking process nor willing to take risk, is that the manufacturer designates an Authorized Representative in the EU member states who will handle the CE Mark approval, CE testing issues and ensure to meet the CE mark requirements, meanwhile the importers and/or distributors focus on the marketing and sales of the products.

The manufacturer may need only ONE Authorized Representative in EU whereas may have many importers and/or distributors. The Authorized Representative may in some cases register the product(s) in the EU member states and thus obtain a Certificate of Registration. The Product Certificate of Registration for CE Marking obtained from one EU member state is valid for the entire EFTA plus EU market, i.e. 30 countries.