Monday, 2 April 2007

Synopsis of JER Conference Call

JER new president and CEO Ed Trueman held a webcast and conference call in conjunction with its AGM on March 30. For those of you who missed the call, key points were that:

  • The team is 100% committed to commercialization and maximization of the current facilities production by signing recurring sales contacts.

  • JER has established an office in New York to begin selling to the east coast.

  • JER is in the process of finalizing its new team and will have key personnel announcements out shortly.

  • There will be no further financial reporting issues.

  • Management is forecasting revenues of $3.6 million for 2007 and $34 million of 2008.

If you have not yet had a chance to listen to the call we encourage you to do so.