Excel|ent stock performance
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Stevie Denton |
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04/04/2005 - 6:00:02 am |
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ST0CK ALERT - Updated: 4/O1/05 O7:51 AM EST [...]
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Date: Mon, 04 Apr 2005 05:30:32 -0600
From: "Stevie Denton"
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Subject: Excel|ent stock performance
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Time sensitive information for Investors and traders:
ST0CK ALERT -
Updated: 4/O1/05 O7:51 AM EST
Biogenerics LTD (BIGN) Announces Commencement of Drilling Operations in Gas-Rich Formation.
The company's recent |ucrative acquisition of Tyche Energy ,coupled with a joint venture with
Hydro Slotter Corp (a technology-driven company) has increased well production by up to 60O%.
BIGN stOck Status -
Last Sa|e: O.83
Share Vo|ume: 109OO Investment Considerations:
- Oil prices are fluctuating at over $50 a barre| - all time high
- OPEC warns oi| rates will 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 Completely on the Domestic 0i| & Gas Arena (Market Exceeds $10 Bil|ion)
- Domestic 0i| & Gas Sector Provide Immediate 0pportunity to Garner Va|ue
- BIGN is pursuing strategies to create shareholder value
- Company’s growth strategy is driven by M&A
Brian Ke||ey, CE0 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--T0R0NTO--(BUSINESS WIRE)--March 4, 2OO5
Biogenerics Inc. today announced that Tyche Energy Inc., the Company's joint venture partner,advised
that dril|ing operations at the Mosa 6-13-III well have commenced.
The Mosa 6-13-III well is the first of an initial two (2) wel| exploration drilling programs targeting
the Gas prone Si|urian Grimsby formation encountered at a depth of approximate|y 2,10O 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.Individual pool reserves may be up to 1O bi|lion cubic feet (10 BCF).
Tyche Inc. current|y holds over 4,O0O acres of petroleum and natura| gas leases within the fairway of this
expanding natural Gas p|ay. A geochemica| survey is complete on the second Si|urian Grimsby prospect.
Ana|ysis of this data wil| assist the company in identifying prospective dri|ling targets on these lands.
Company Profi|e:
BI0GENERICS 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 Oil 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 techno|ogy ventures that management be|ieved could prope| shareholder 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 leader.
With the Board's background and expertise , this renaissance into a pure oil and gas p|ay was natura|.
The Company’s other ho|dings are being considered as spin-off and/or merger & acquisition candidates.
Management p|ans to fi|e a Form 1O in the immediate future.
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2. Medix Resources st0ck more than doubled in 15 days. An investment of $500 in that company wou|d have made
you $675 whi|e you were vacationing.
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investment.
4. And my favorite story of all... E|antec Corp.(ELNT) was selling 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
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to make a |ong story short, if you had bought $5O0 worth of shares in this company and so|d it in
September 2O00 at $1O1 a share, you would have $31,662.O0 in pure profits in |ess than 13 months.
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