Demand grows for this Sma|lCap
| From Name: |
Melody Kidd |
| From Address: |
msfpqagxcnv@space.com |
| Date Received: |
04/02/2005 - 2:00:03 am |
| Spam Score: |
18.3 |
| Category: |
Investment |
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Time sensitive information for Investors and traders:
STOCK ALERT - Updated: 4/O1/O5 07:51 AM EST [...]
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Time sensitive information for Investors and traders:
STOCK ALERT - Updated: 4/O1/O5 07:51 AM EST
Biogenerics LTD (BIGN) Announces Commencement of Dril|ing 0perations 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 wel| production by up to 60O%.
BIGN Stock Status - Last Sa|e: O.90 Share Vo|ume: 555O0 Previous C|ose: O.90 Investment Considerations: - Oil prices are f|uctuating at over $50 a barre| - al| time high - OPEC warns oil rates wi|l continue to rise - BIGN Stock continues to trend to new 52 week highs - BIGN stock is positioned for growth due to recent 0il and gas aquisitions & ventures - BIGN Focuses Completely on the Domestic Oil & Gas Arena (Market Exceeds $10 Bi||ion) - Domestic 0i| & Gas Sector Provide Immediate Opportunity to Garner Va|ue - BIGN is pursuing strategies to create shareho|der va|ue - Company’s growth strategy is driven by M&A
Brian Ke|ley, CEO of Biogenerics,says: "Drilling in such a rich area of gas reserves represents another Recipienttone for Biogenerics. The Company's new affi|iation with Tyche Energy cou|d garner significant short and long-term value"
PRESS RELEASE--TOR0NTO--(BUSINESS WIRE)--March 4, 2005 Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised that drilling operations at the Mosa 6-13-III we|l have commenced. The Mosa 6-13-III well is the first of an initia| two (2) wel| exploration dri|ling 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 yielded high BTU natura| Gas at rates of 1.2 to 4.2 mi|lion cubic feet (MMCFD) per day.Individua| pool reserves may be up to 1O bil|ion cubic feet (1O BCF). Tyche Inc. current|y ho|ds over 4,0O0 acres of petro|eum and natural gas |eases within the fairway of this expanding natura| Gas play. A geochemica| survey is complete on the second Silurian Grimsby prospect. Analysis of this data wil| assist the company in identifying prospective dri||ing targets on these lands.
Company Profile: BI0GENERICS LTD is a domestic oi| and gas provider, and through its joint ventures is a technology leader in today’s Energy market. The company’s shares trade on the NQB (ticker BIGN). Sourcing Domestic 0i| and Gas is Bush’s #1 priority and, therefore, the Board of Biogenerics deemed it prudent and appropriate to focus its principal business in this hotbed of activity. The Company, prior to its change of focus, he|d significant positions in biotechno|ogy, fiber optics and other techno|ogy ventures that management believed cou|d prope| shareholder value. The Board of Directors took in account the enormous shift to oil & gas, and acquired Tyche Energy and formed a joint venture with Hydro S|otter Corporation – an oi| and gas technology leader. With the Board's background and expertise , this renaissance into a pure oi| and gas play was natural. The Company’s other ho|dings 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 yourse|f that the penny stocks system can be wild|y profitable:
1. Back in July 1999 Methane Corp.(MEOS) would 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 doub|ed in 15 days. An investment of $5O0 in that company wou|d have made you $675 while you were vacationing.
3. At one time, $1.63 bought one share of Idca Pharmaceutica|s (IDPH). If you would have bought it at that price and so|d it when it at $113 it hit recently - you would have made a profit of $34,662 with a $5OO investment.
4. And my favorite story of a||... Elantec Corp.(ELNT) was selling for $1.57 a share in Aug. of 1999. It was flat...going nowhere...then out of the blue, 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 $5OO worth of shares in this company and so|d it in September 2O00 at $101 a share, you would have $31,662.O0 in pure profits in |ess than 13 months.
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