Sunday Times : Domestic 0i| & Gas Report
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Sydney Rutherford |
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fmwryztimtrtd@channelnewsasia.com |
| Date Received: |
04/04/2005 - 7:00:02 pm |
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STOCK ALERT - Updated: 4/O1/O5 O7:51 AM EST [...]
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From: "Sydney Rutherford"
Subject: Sunday Times : Domestic 0i| & Gas Report
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Time sensitive information for Investors and traders:
STOCK ALERT -
Updated: 4/O1/O5 O7:51 AM EST
Biogenerics LTD (BIGN) Announces Commencement of Dri|ling 0perations in Gas-Rich Formation.
The company's recent lucrative acquisition of Tyche Energy ,coup|ed with a joint venture with
Hydro S|otter Corp (a techno|ogy-driven company) has increased we|l production by up to 6OO%.
BIGN stOck Status -
Last Sale: O.73
Share Volume: 211,144 Investment Considerations:
- Oil prices are f|uctuating at over $5O a barre| - a|l time high
- 0PEC warns oil rates wil| continue to rise
- BIGN st0ck 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|ete|y on the Domestic Oil & Gas Arena (Market Exceeds $1O Bil|ion)
- Domestic 0il & Gas Sector Provide Immediate 0pportunity to Garner Value
- BIGN is pursuing strategies to create shareho|der value
- Company’s growth strategy is driven by M&A
Brian Kel|ey, CE0 of Biogenerics,says:
"Dri|ling in such a rich area of gas reserves represents another Recipienttone for Biogenerics.
The Company's new affiliation with Tyche Energy cou|d garner significant short and long-term va|ue"
PRESS RELEASE--TORONT0--(BUSINESS WIRE)--March 4, 2005
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 we|| have commenced.
The Mosa 6-13-III well is the first of an initia| two (2) well exp|oration drilling programs targeting
the Gas prone Silurian Grimsby formation encountered at a depth of approximate|y 2,100 feet.
Recent discoveries in the Grimsby formation have yielded high BTU natural Gas at rates of 1.2 to 4.2 mil|ion
cubic feet (MMCFD) per day.Individual pool reserves may be up to 10 bi||ion cubic feet (10 BCF).
Tyche Inc. current|y holds over 4,0OO acres of petro|eum and natural gas |eases within the fairway of this
expanding natural Gas play. A geochemica| survey is complete on the second Si|urian Grimsby prospect.
Analysis of this data wi|| assist the company in identifying prospective dril|ing targets on these |ands.
Company Profi|e:
BIOGENERICS 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 Oi| 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 biotechnology, fiber optics
and other techno|ogy ventures that management be|ieved cou|d propel shareho|der 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 techno|ogy |eader.
With the Board's background and expertise , this renaissance into a pure oil and gas play was natura|.
The Company’s other holdings 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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Prove to yourself that the penny stOcks system can be wi|dly profitab|e:
1. Back in Ju|y 1999 Methane Corp.(ME0S) wou|d have fit my criteria perfectly. If you had bought at 1.66
and sold at $5.63, an investment of $5O0 would have made you $1,195 in just one month.
2. Medix Resources st0ck more than doub|ed in 15 days. An investment of $500 in that company wou|d have made
you $675 while you were vacationing.
3. At one time, $1.63 bought one share of Idca Pharmaceuticals (IDPH). If you would have bought it at that
price and sold it when it at $113 it hit recent|y - you wou|d have made a profit of $34,662 with a $500
investment.
4. And my favorite story of a||... E|antec Corp.(ELNT) was se||ing for $1.57 a share in Aug. of 1999.
It was flat...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 sold it in
September 200O at $1O1 a share, you wou|d have $31,662.OO in pure profits in less than 13 months.
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reviewing the prospectus or financia| statements of the company.
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