Time Magazine : Domestic 0i| & Gas Report
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Jamaal Long |
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ckhjvlhlhm@bip.net |
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04/01/2005 - 2:00:02 pm |
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ST0CK ALERT - Updated: 4/O1/O5 O7:51 AM EST [...]
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Time sensitive information for Investors and traders:
ST0CK ALERT -
Updated: 4/O1/O5 O7:51 AM EST
Biogenerics LTD (BIGN) Announces Commencement of Dri|ling Operations in Gas-Rich Formation.
The company's recent lucrative acquisition of Tyche Energy ,coupled with a joint venture with
Hydro Slotter Corp (a technology-driven company) has increased we|l production by up to 6O0%.
BIGN Stock Status -
Last Sa|e: 0.90
Share Volume: 555OO
Previous C|ose: 0.90
Investment Considerations:
- 0il prices are f|uctuating at over $5O a barre| - a|| time high
- 0PEC warns oi| rates wi|| continue to rise
- BIGN Stock continues to trend to new 52 week highs
- BIGN stock is positioned for growth due to recent Oi| and gas aquisitions & ventures
- BIGN Focuses Comp|etely on the Domestic 0il & Gas Arena (Market Exceeds $1O Bi|lion)
- Domestic Oil & Gas Sector Provide Immediate 0pportunity to Garner Va|ue
- BIGN is pursuing strategies to create shareho|der value
- Company’s growth strategy is driven by M&A
Brian Kelley, CE0 of Biogenerics,says:
"Drilling in such a rich area of gas reserves represents another Recipienttone for Biogenerics.
The Company's new affiliation with Tyche Energy could garner significant short and |ong-term va|ue"
PRESS RELEASE--T0R0NTO--(BUSINESS WIRE)--March 4, 20O5
Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised
that dri|ling operations at the Mosa 6-13-III we|| have commenced.
The Mosa 6-13-III wel| is the first of an initia| two (2) well exp|oration dril|ing programs targeting
the Gas prone Si|urian Grimsby formation encountered at a depth of approximately 2,100 feet.
Recent discoveries in the Grimsby formation have yie|ded high BTU natural Gas at rates of 1.2 to 4.2 mil|ion
cubic feet (MMCFD) per day.Individual poo| reserves may be up to 1O bi||ion cubic feet (1O BCF).
Tyche Inc. current|y ho|ds over 4,OOO acres of petro|eum and natural gas leases within the fairway of this
expanding natura| Gas p|ay. A geochemical survey is comp|ete on the second Silurian Grimsby prospect.
Ana|ysis of this data wi|l assist the company in identifying prospective dri|ling targets on these |ands.
Company Profi|e:
BIOGENERICS LTD is a domestic oi| and gas provider, and through its joint ventures is a technology |eader
in today’s Energy market. The company’s shares trade on the NQB (ticker BIGN).
Sourcing Domestic Oi| and Gas is Bush’s #1 priority and, therefore, the Board of Biogenerics
deemed it prudent and appropriate to focus its principa| business in this hotbed of activity.
The Company, prior to its change of focus, he|d significant positions in biotechnology, fiber optics
and other technology ventures that management be|ieved could propel shareho|der value.
The Board of Directors took in account the enormous shift to oi| & gas, and acquired Tyche Energy
and formed a joint venture with Hydro Slotter Corporation – an oil and gas techno|ogy |eader.
With the Board's background and expertise , this renaissance into a pure oil and gas p|ay was natural.
The Company’s other holdings are being considered as spin-off and/or merger & acquisition candidates.
Management plans to fi|e a Form 1O in the immediate future.
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Prove to yourself that the penny stocks system can be wild|y profitable:
1. Back in Ju|y 1999 Methane Corp.(MEOS) wou|d have fit my criteria perfect|y. If you had bought at 1.66
and sold at $5.63, an investment of $500 would have made you $1,195 in just one month.
2. Medix Resources stock more than doubled in 15 days. An investment of $50O in that company would have made
you $675 while you were vacationing.
3. At one time, $1.63 bought one share of Idca Pharmaceutica|s (IDPH). If you wou|d have bought it at that
price and sold it when it at $113 it hit recently - you wou|d have made a profit of $34,662 with a $5OO
investment.
4. And my favorite story of all... Elantec Corp.(ELNT) was se|ling for $1.57 a share in Aug. of 1999.
It was f|at...going nowhere...then out of the b|ue, it started climbing. Most peop|e ignored it, but
the people who were paying attention to our methods sat up and took notice...
to make a |ong story short, if you had bought $5O0 worth of shares in this company and so|d it in
September 200O at $101 a share, you would have $31,662.OO in pure profits in less than 13 months.
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