NEWS photo Neil Lucente THIS SUB’S for you...Murray Spier, plant manager for Can-Dive Services Ltd., takes a seat in the new Sea Urchin submersible, which was developed by the North Vancouver company and will now be marketed by Sea Urchin Sobmersibtes Lid. Dive suit firm expands into submersible line NORTH YANCOUVER'S Inter- foot long vehicle as an underwater nations! Hard Suits Inc. @HSI) . sports will add submersibles to dive suits in its ine of advanced underwater singie atmosphere products. On May 11 the company an- pounced that it had acquired Sea Urchin Submersibles Ltd. as a wholly-owned subsidiary from Can-Dive Services Ltd. for 2,500,000 earn-out shares and $160,000. . Can-Dive, which is a major THSI shareholder, originally estab- lished IHSi to perfect, market and manufacture the Newtsuit deep-sea dive suit. The Sea Urchin acquisition gives 1HSi all the assets and rights to the Sea Urchin submersible, including a completed and tested prototype unit. Developed by Can-Dive and its founder and president Phil Nuyt- ten, the Sea Urchin is a 1,500 pound one-atmosphere submarine that IHSI general manager Aris. Mosfopoulos seid will be certified to a depth of 300 feet. Nuytten has described the six- car. . ie will sell for less than $50,000 per unit and will be aimed at the recreational, light industrial maz-_ ket. Morfopoulos estimated the market over the next two years could be as high as $3.7 million, but added that the overall market around the world was “‘huge.’’ Can-Dive has already conducted extensive international marketing and prometion of the Sea Urchin. IHSI is currently manufacturing its $300,000 Newtsuit and is devel- oping a shallow-water version of the revolutionary atmospheric deep sea diving suit. Morfopoulos said the company will now begin manufacturing the Sea Urchin. He estimated IHSi’s 17-member staff would double over the next year to accommodate production of the submersible. The company also announced that it has secured a $750,000 line of credit to help finance IHSI’s growing Newtsuit production. GVRD appoints Baker NORTH Vancouver District Mayor Marilyn Baker ...camed to waste management comniittes. NORTH VANCOUVER District Mayor Marilyn Baker has been appointed to a four-member group to oversee the ongoing planning process for the Greater Vancouver Regional District's proposed Lig- uid Waste Management Plan. The sub-committee will also keep pressure on senior govern- ments to negotiate cost-sharing ar- rangements fer the program to upgrade sewerage and drainage works, the cost for which couid reach $1.5 billion. Also named to the group are Richmond Mayor Gil Blair, Surrey Ald. Bill Fomich, and Vancouver Ald. George Puil. 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And ; it's through this service, and member agents, thacthe majority of prospective purchasers are found. One of che most important assets a real estate agent has is an ob- jective view. Too often your judgement can be clouded beeause of your senti- mental attachment to your home. Your agent may therefore sug- yest small improvements that can create a more positive impression on prospective buyers. And, because real estate agents are market-wise, they! give you a professional opinion on everything from the best way to market your home, to how to negotiate the final deal. Above all else, with a number of people viewing your home, 3 real estate agent will allow you the most normal life possible during whas can be one of the mast hectic, trying times. wpedozrrrmen> rer ras “4 SN xX Vvur ORm™ << POT Af 7, MULTIPLE LISTINGS 8. NEGOTIATE 6. ESTIMATE MORTGAGE 9. NEIGHBOURHOOD GUIDE ~~ fe = ZaxnNSZamev Zr He BOOM Z ‘ — QAZEEKONA ORK Bwae A ~~ >OoZOmrO urn nrnsn zd xo QOrFONOH ERP ZH OAR = mmm & ve) 4 we BZ > ». 10. OPEN HOUSE tt, RESEARC 12, TAX GUIDRY. How can they help you buy a home? The first thing rval estate agents will do is take an objective view of your financial situation. They will then tell you the type of home and the community you can realistically afford. They It take inte con: sideration mortgage payments, appraisal and legal foe: and purchase and municipal taxes. Often they'll also offer a tist of reputable financial institutions and law firms you can deal with, ; The next step is looking for your next home. Through the Multiple Listing Service, they'll have the latest choice of properties in your chosen com- munity and price range. Together, you'll make a list of the most appropriate homes, Your agent will then arrange a personal viewing of each one. When you el you've found the right home, they'll help formulate an offer and handle the complex negotiations that follow. This is the time you most appreciate the professionalism of real estate agents, and where their experience and knowledge arz invaluable. {f your offer is accepted, the agent will work with you to ensure that the com- pletion of your purchase goes smoothly. The Real Estate Board of Greater Vancouver. Founded in 1919, the Real Estate Board supports over 6,000 member real estate agents in Greater Vancouver. It monitors market trends and statistics, establishes standards of practice, and provides edu- cational and marketing resources such as its computerized Multiple Listing Service (MLS). This support keeps our members attuned to the latest market trends and developments. REAL ESTATE BOARD OF GREATER VANCOUVER We have the answers.