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Posted by J_U_ICE on :
 
BIGN Biogenerics Limited Announces 2nd Grimes Well is Online
PrimeZone Media Network - May 8, 2006 4:05 PM (EDT)

By Staff

TYLER, Texas, May 8, 2006 (PRIMEZONE via COMTEX) -- Biogenerics, Limited (Pink Sheets:BIGN) is pleased to announce that Ophelia 1 is the second of four gas wells to go online from its Grimes property in California. After its initial serge, production reports indicate that, after three weeks in operation, current flow rates for Ophelia 1 have stabilized at 1,450 mcfd.

Ophelia 1's initial yields represent a significant success for Biogenerics and their strategic alliance partner, Hydroslotter Corporation, in returning the Grimes region productive prominence. Numerous wells in the Grimes region were shut in nearly two decades ago with production from Ophelia 1 ceasing in 1989.

Biogenerics Limited is also pleased to announce that Mr. James Lancaster of Tyler, Texas has joined the board as Director and CEO. Mr. Lancaster brings 30 years of experience in various business ventures, primarily oil and gas.

"I have always been excited at the potentials of the Hydroslotting technology," stated the newly appointed CEO of Biogenerics Limited, "However, without the rigorous effort put forth by our excellent staff of professionals, it would have been extremely difficult to get Ophelia 1 online in such a stringent timeframe. On an additional note, we are also looking forward to getting the two remaining wells in the Grimes gathering system online in the very near future."

About Biogenerics Limited:

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics has oil and gas assets acquired from Rubicon Petroleum. The company also has joint venture activities with Tyche Energy and Hydroslotter Corporation

About Hydroslotter Corporation:

Hydroslotter Corporation's proprietary technology deemed "hydroslotting", increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%. Hydroslotter's technology is cost effective and for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high.

Website: http://www.bignltd.com

[ May 08, 2006, 16:45: Message edited by: J_U_ICE ]
 
Posted by J_U_ICE on :
 
Should be big
 
Posted by DmnCndn17 on :
 
Good stuff.
 
Posted by MB on :
 
This one is gonna run tomorrow.
 
Posted by JHenry on :
 
quote:
Originally posted by MB:
This one is gonna run tomorrow.

I second that motion - just got done looking it over - this one is definitely going to move - Great news, new CEO and an upcomming divy to boot. I'm in!!!
 
Posted by pennydude on :
 
I really have enjoyed you picks Juice,, I have tried to get ahead of this game and without some of your picks I would still be a loser-I'm in like flynn--thanks for helping me make money
 
Posted by J_U_ICE on :
 
quote:
Originally posted by pennydude:
I really have enjoyed you picks Juice,, I have tried to get ahead of this game and without some of your picks I would still be a loser-I'm in like flynn--thanks for helping me make money

Thanks a lot I appreciate the kind words hopefully this will be the next "good" one. Check out SNIO great close sub-penny but not for long. IMO
 
Posted by Max Shrap on :
 
Check the O/S on this stock. I'm not saying it's bad, but this stock did a F/S last year that diluted it down to where it is now.
 
Posted by J_U_ICE on :
 
Saw this on IHUB old PR

Biogenerics Expands on Earnings Forecast for 2006
Friday October 14, 2005 11:29 am ET


NEW YORK, Oct. 14, 2005 (PRIMEZONE) -- Biogenerics Limited (Other OTC:BIGN.PK - News), with its joint venture partner Hydroslotter Corporation, are forecasting a minimum 120 wells to be slotted in 2006.
ADVERTISEMENT


The cost of slotting these projected wells weighs in at approximately US$200,000 per well. With economies of scale, we can reduce those costs. Given that the estimated slotting cost is returned in 30 days, the cash flow outlay to grow is minimal.

For example: The current Grimes, Calif. well, now in production, is forecasted to have a life of 5-10 years. Four additional wells are being slotted in conjunction with the Grimes, each at 5-10 years. The costs and time to slot four wells is 10 to 14 days and will have a 25% reduction in outsourced service charges.

We expect each of our five wells to be tied into the same meter site and expect combined flow at 2,500,000 MCF.

The projected cash flow will cover expenses in 30 days. We then receive net 40% of the flow after costs are repaid. That would register at US$10,000 per day.

Upon each of the forecasted 120 wells in full production, in conjunction with alternate wells coming on stream in 2005, we will have a daily cash flow of US$240,000. Ultimately, these wells will produce US$87,600,000 annually.

For the reason that we are not slotting all available wells, in week one after costs, we expect US$43,200,000.00 in profits for 2006 from the Hydroslotted wells.

Our strategy suggests 10 new wells per month in 2006. In 2007 we expect to double that to 20 wells per month.

Bearing in mind that when dealing with the oil and gas sector, delays may occur, prices may fluctuate, and thereby management accounted for the risk factor discounting the guidance by a factor of 35%.

Biogenerics does not forecast earnings from the New Mexico joint venture in this forecast because it is currently unquantifiable.
 
Posted by J_U_ICE on :
 
I can't understand why more ppl are excited about this
 
Posted by Max Shrap on :
 
Find out the O/S and do the math. The F/S put a ceiling on the pps.
 
Posted by vinnie1 on :
 
explain max new at this.
 
Posted by wallymac on :
 
With an O/S of 303M I think this still has a way's to go. It's an Oil & Gas play with revenues. This one looks very good. In fact better and better the more I look at it. I'll get in if I can sell a couple of positions tommorrow. This news is on only the second of 4 wells they are working over on this property. There's a lot more than meets the eye here. I LIKE.

GLTA
Wally
 
Posted by J_U_ICE on :
 
quote:
Originally posted by Max Shrap:
Find out the O/S and do the math. The F/S put a ceiling on the pps.

I see the 303M o/s but i've seen a lot worse than that. I still think this is a no-brainer. I guess we will see in the morning
 
Posted by KublaKhan on :
 
This one has hit resistance at .03 and dropped back down to the teens many times in a row now. If this can break through .03 it's going to rock and roll. Maybe this PR is enough to do it.
 
Posted by GVMOORE on :
 
Going to gap on my bid. Buy on the dips. GLTA
 
Posted by GVMOORE on :
 
Thanks Juice great pick.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by GVMOORE:
Thanks Juice great pick.

Thanks I hope it has a nice run it looks very good
 
Posted by dct2001 on :
 
looks like it has some roonm to run if it gets passed .03

juice you think this Pr will push it past that ?
 
Posted by matto on :
 
I like it ,But my only concern is it takes 10 million to move it .006 Is this pr. big enough to make it fly? I don't think so because there is no figures , meaning profit! Will it go up? prob.But it really needs tons of volume! plus the last 2 days some folks have been buying alot my guess they knew of the pr. So will they sell into the run???? I don't know! If you go in good luck! I will watch instead!
 
Posted by J_U_ICE on :
 
up some need tyo keep volume going to push this. 3.5M
 
Posted by BENJAMINS on :
 
This one is moving ...... nice uptrend !
 
Posted by Squire38 on :
 
I'm in. MMs don't have many shares at all, plus its an Oil/Gas play. Every few buys eats through what the MMs have on the L2s.
 
Posted by dpaul3 on :
 
running! .032!
 
Posted by imakmony2005 on :
 
looks like a bign!green
 
Posted by dpaul3 on :
 
KABOOOOOOOM!!!

.035 and Huge Volume!
 
Posted by dpaul3 on :
 
wow, hope some others are still in it too!! It is exploding!!
 
Posted by GHOSTRADER on :
 
in for 100k*.036
 
Posted by dpaul3 on :
 
choooooo choooooo
 
Posted by dpaul3 on :
 
hold on tight, here is the shake. good time to jump in!
 
Posted by The Imperial Whazoo on :
 
Yeh BABY!!
I'm in at .0174 Go baby go!!!
 
Posted by dpaul3 on :
 
I filled at .025, would like to see .04 today!!
 
Posted by J_U_ICE on :
 
hold tight looking to move up
 
Posted by dpaul3 on :
 
this guy is hard to fill!
 
Posted by lostone on :
 
with that shake and we're still holding, that's a good sign!
 
Posted by J_U_ICE on :
 
over 10M in vol and holding strong
 
Posted by dpaul3 on :
 
this one is getting some attention, oce it breaks .035 it will move!
 
Posted by lostone on :
 
we're still in the same spot, better than lower.. but still.. looks like a waiter.. maybe a late runner
 
Posted by rlcuban on :
 
im new guys in at .035 298,000 shares
 
Posted by J_U_ICE on :
 
quote:
Originally posted by rlcuban:
im new guys in at .035 298,000 shares

welcome nice to have you on the ride ride
 
Posted by rlcuban on :
 
thanks its a risk I know but it looks about as good as anything else on the market and maybe a safer bet in the long run. Found it browsing thru your website thanks juice.
 
Posted by rlcuban on :
 
still a buy on ablesys chart 20 minutes
 
Posted by HOTRODLSE on :
 
I AM IN A .035 100000 SHARES
 
Posted by rlcuban on :
 
hi fellow new member luck to you!
 
Posted by lostone on :
 
i'm at .035 400k shares .. but been there since the early morning.. it's a painful wait
 
Posted by HOTRODLSE on :
 
YA I GOT IN ABOUT 45 MINUTES AGO I'M NEW TO THIS FOURM BUT BEEN WACTHING FOR A LONG TIME AND SEEN ALOT OF PEOPLE MAKE MONEY HERE.
 
Posted by dpaul3 on :
 
I'm out, going over to RMDG, GLTA!
 
Posted by J_U_ICE on :
 
quote:
Originally posted by lostone:
i'm at .035 400k shares .. but been there since the early morning.. it's a painful wait

This is f*cking painful
 
Posted by The Imperial Whazoo on :
 
Hey Juice

Watch the volumes... the sellers haven't come in yet. If they come in, you'll have to decide if you bail or double up. I'm in way back so this is easy for me to say on this one but I'm in others where I'm like you.... watching really scared.

Volume is the key. It came in hot at open this AM and the people that that volume represents have not bailed out yet... or so one would have to conclude because there has not been a correspondingly high level of selling volume materializing that would tend to tell you that the AM players were bailing and taking their profits as of yet. So, my thinking is: WATCH THE VOLUMES on a 3 to 5 minute tick.
 
Posted by HOTRODLSE on :
 
IF THIS EVER PASSES .035 WERE IS THE NEXT RESISTANCE . .046?
 
Posted by J_U_ICE on :
 
quote:
Originally posted by The Imperial Whazoo:
Hey Juice

Watch the volumes... the sellers haven't come in yet. If they come in, you'll have to decide if you bail or double up. I'm in way back so this is easy for me to say on this one but I'm in others where I'm like you.... watching really scared.

Volume is the key. It came in hot at open this AM and the people that that volume represents have not bailed out yet... or so one would have to conclude because there has not been a correspondingly high level of selling volume materializing that would tend to tell you that the AM players were bailing and taking their profits as of yet. So, my thinking is: WATCH THE VOLUMES on a 3 to 5 minute tick.

I took some out at .035 so I'm OK just hate the waiting game
 
Posted by rlcuban on :
 
If you go to sleep and wake up in 3 months your stock will definetly be on the uptick dont see much of a problem.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by rlcuban:
If you go to sleep and wake up in 3 months your stock will definetly be on the uptick dont see much of a problem.

I agree just trying to make some green and ride on free shares
 
Posted by HOTRODLSE on :
 
anyone have level 2 on this
 
Posted by The Imperial Whazoo on :
 
No level 2 avil, I don't think.

Use this link to see which pinks are avail w/level 2:
http://www.pinksheets.com/quote/level2_list.jsp
 
Posted by Hold-em-er-fold-em on :
 
2 x .029 1 x .030
1 x .028 1 x .031
2 x .025 1 x .0325
1 x .02 1 x .034
 
Posted by HOTRODLSE on :
 
thank you
 
Posted by HOTRODLSE on :
 
this one is stuck
 
Posted by J_U_ICE on :
 
quote:
Originally posted by HOTRODLSE:
this one is stuck

Tell me about it!! [Confused] hoping for a nice close
 
Posted by HOTRODLSE on :
 
is this going up or down
 
Posted by HOTRODLSE on :
 
back at .03
 
Posted by rlcuban on :
 
picked up another 61000 at .027
 
Posted by rlcuban on :
 
close should be nice
 
Posted by J_U_ICE on :
 
it better be I'm staying in
 
Posted by rlcuban on :
 
"very impressive I feel like some young kid stepped in for a quickie. I'm feeling verrrrry unsatisfied." quotation from the movie rounders.
Hey what kind of closing was that 21 million shares traded and a trickle at close? [Razz]
 
Posted by J_U_ICE on :
 
quote:
Originally posted by rlcuban:
"very impressive I feel like some young kid stepped in for a quickie. I'm feeling verrrrry unsatisfied." quotation from the movie rounders.
Hey what kind of closing was that 21 million shares traded and a trickle at close? [Razz]

It hurts doesn't it? Your hopes dashed, your dreams down the toilet. And your fate is sitting right besides you.

Great movie
 
Posted by The Imperial Whazoo on :
 
I take the trickle close to mean that there is no stampede to bail. Not a bailout situation. See, they had one well delivered for 3 weeks and did not say a peep. During tat time, two more were started. If their 2005 press releases are to be believed, they have most likely already successfully completed these two most recently announced reworks of old plugged-n-abandoned wells (because they claim that completing a well is only a 2 to 3 week project, which calculates out to the likelihood that the 2 most recently announced wells have probably bee completed by now).
So. with no stampede to exit, the fact is that most folks are probably waiting for the next press release, which, if the past is the guide, should be about 3 weeks from now. Also, bear in mind they are spinning of a little oil company called Tyche Energy to all shareholders of record 5/19/6. So, you may see a stampede to exit after the 19th.

Anyway, that how I read it.

Of course who knows whether they might do something unexpected like a reverse split between now and then, so keep an eye on the horizon.
 
Posted by rlcuban on :
 
Press Releases

5/9/2006 1:13:54 PM OTCPicks.com: Daily Market Movers Digest Midday Stock Alerts, Tuesday, May 9th, IPTM, CYHD, EQSE, NWWV, BIGN, TREN - M2
5/9/2006 1:14:14 PM Iron Consulting: www.growthstockresearch.com, Stocks To Watch: NNFC, BIGN, FGFC, XTHN, NDOL - M2
5/9/2006 10:15:35 AM www.babybulls.com: BabyBulls.com: BabyBulls.com Alerts for Tuesday, May 9, 2006: BIGN, UPDA, USXP, AMEP, GZFX - M2

Good news good media attention!!!!
 
Posted by imakmony2005 on :
 
Im holden. j u ice
 
Posted by JohnnyRotten on :
 
Well,

Do you people realize what you are holding?

This is a penny play bigger than RSHN. This is a 300 bagger. Maybe not now but sometime in the next two years this will be a 5 to 10 dollar stock. Just from what people have said based on pr's released in the last 7 months.

If these figures are accurate.

303 million OS

43 million profit projection.

That is 43/303 = .14 X 20PE = 2.83

Now next year they are to double well workings to 240 wells which will raise profits to maybe 80 million.

I realize there are some problems getting there.

1. The price of natural gas has fallen some 10%.

2. They may have problems getting all 120 wells this year.

3. Not all wells will produce equally so it is hard to guess the actual.

If they only have 20 million profit it is a dollar 50 stock.


Current revenues.

4 wells to be online this month bringing in 5.5 million in revenue of which they get 40%. 2/3 of that is profit. Plus the company they bought has a well generating 1 million per year at least. Not sure how many other wells they have.

1.45 million in current or near current profitable production.

1.45/303 X 20 pe = .095

At this current time this should be .10 plus, and growing stocks should have a PE over 20, probably 30-50 range because you are paying for future growth.

2.83/.028 = 101.07 bagger. 10 grand makes you a million.

Stupid me, i'm writing this before getting fully vested in this stock.
 
Posted by GVMOORE on :
 
Fully vested here and holding. Low keyed PR.
Maybe insiders want more shares before the
big run. Hope it's the slow steady climb to
1.05 like it's last run. Feel fairly safe
holding this growth gem. Surplus this wk
Gas down .30/gal. Any disruption we blow.
GLTA
 
Posted by Hold-em-er-fold-em on :
 
This has a real nice looking chart!

The Bollinger bands are nice and tight, and RSI sitting at 52.2 with a nice projection for revenue.

This will be a longer hold , but I think it will make those holding very happy in the long run!

I agree GVMOORE, I feel very safe also holdiong this one for the long run. A good PR with revenues will send this one right upstairs.
 
Posted by J_U_ICE on :
 
I agree this is one of a very few long-term holdings
 
Posted by J_U_ICE on :
 
Wednesday, May 10, 2006 03:34 ET

May 10, 2006 (M2 PRESSWIRE via COMTEX) -- Biogenerics, Limited (OTCPK:BIGN), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscriber's cutting edge research tools, and second to none customer service.

Biogenerics, Limited a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves, yesterday afternoon announced that Ophelia 1 is the second of four gas wells to go online from its Grimes property in California.

After its initial serge, production reports indicate that, after three weeks in operation, current flow rates for Ophelia 1 have stabilized at 1,450 mcfd

Ophelia 1's initial yields represent a significant success for Biogenerics and their strategic alliance partner, Hydroslotter Corporation, in returning the Grimes region productive prominence. Numerous wells in the Grimes region were shut in nearly two decades ago with production from Ophelia 1 ceasing in 1989.

Biogenerics Limited is also pleased to announce that Mr. James Lancaster of Tyler, Texas has joined the board as Director and CEO. Mr. Lancaster brings 30 years of experience in various business ventures, primarily oil and gas.

''I have always been excited at the potentials of the Hydroslotting technology,'' stated the newly appointed CEO of Biogenerics Limited, ''However, without the rigorous effort put forth by our excellent staff of professionals, it would have been extremely difficult to get Ophelia 1 online in such a stringent timeframe.

On an additional note, we are also looking forward to getting the two remaining wells in the Grimes gathering system online in the very near future.''

Following the announcement, shares of Biogenerics, Limited traded up nearly 10% on volume of over 10 times the daily average, as investor's sentiment seems to have changed.

Biogenerics looks stronger then ever as the company moves forward quicker then expected as their staff works hard in hopes of a brighter future. Currently trading at $0.028, this company traded on a fairly wide range from between $0.027 and $0.036 and I feel that as we get closer to drilling things should improve as this company once traded at $0.25. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
 
Posted by rlcuban on :
 
I'm sure a lot of people a scrounging around for cash right now. I know I am.
 
Posted by rlcuban on :
 


[ May 10, 2006, 11:21: Message edited by: rlcuban ]
 
Posted by JohnnyRotten on :
 
Yall don't forget this one. Next pr and it should push it through resistance. Seems to stop around .035 but the wall will tumble this time.

As the wells coming online start to be more frequent it should really be good.

Usually these fall back pretty quickly after a pr but this seems to be holding its ground.

.25 near term is pretty easy to achieve. 2.50 long term.
 
Posted by JohnnyRotten on :
 
Still above average volume though not as high as yesturday. Seems to have steady accumulation at these levels.
 
Posted by JohnnyRotten on :
 
Since I have been home sick I decided to read the pr's and dd on this creature. I have learned a lot.

I think their revenues are already way beyond what I thought. I figured off of the 4 wells now under development but did not realize there was an original well that was not part of the 4.

quote:
TORONTO, Jul 07, 2005 (BUSINESS WIRE) --

Biogenerics Limited (OTC:BIGN), today announced that is partner, Hydroslotter Corporation reported that several open flow tests on its target well in Northern California have determined conclusively that initial production will exceed 800 thousand cubic feet per day (MCFD). With gas prices at approximately U.S. $7 per cubic thousand feet, the initial production would garner gross revenues in excess of $5,600 per day or $2,044,000 per year.

So you can revise revenues up about 2 million placing them around 6.5 million imo. We now have 3 in production and 2 more real soon. 5 wells at avg 3 million per year is 15 million in revenue. I think we own 40%.

We also own 38% of tyche energy that recently completed their own well.

quote:
Biogenerics Limited (the "Company") (Pink Sheets:BIGN) announced that Tyche Energy Inc. ("Tyche") advises it has commenced production at its Charring Cross property located in Harwich Township, Kent County Ontario. The RPI#7, Harwich 1-1-18-IV WCR well was placed on stream at an initial production rate of 72 MCFD at 154 psi flowing wellhead pressure. Daily production rates will be increased over the next week to a targeted daily production rate of 200 MCF.

Tyche holds a 65.00% working interest ("WI") before payout ("BPO") and a 48.75% WI after payout ("APO") of pipeline and facilities construction costs. Natural gas wellhead prices have fallen from recent highs of over CDN$16.00/MCF in October 2005 to CDN$7.83/MCF in March 2006. The latest independent industry price forecasts project gas prices to average between CDN$11.65 (Sproule & Associates) and $12.67/MCF (GLJA) in 2006.


200 MCFD = 510K per year of which we get about 100K.

On another note an old pr revealed we entered into a finance agreement at 8.5% so the company would not have to dilute shares.

quote:
TORONTO, Oct 18, 2005 (PRIMEZONE via COMTEX) --

Biogenerics Limited (Pink Sheets:BIGN): The company is pleased to announce that it has secured an agreement with an institutional investor Royal Petroleum. Royal Petroleum purchases and finances producing oil and gas wells. Biogenerics has financing in place for hydroslotting at 8.5% interest as needed and secured by our current production.

Biogenerics plans to primarily fund the hydroslotting expansion with its current cashflow. This is possible since the costs for slotting are returned in an average of 45 days from production. Having Royal Petroleum behind us eliminates the need for any financings which may cause dilution of equity.


Hopefully growth can come without major dilution.

On another note is growth potential. Progress in the oil industry is usually about 2 years out. So exploration and data collection is key. Tyche energy entered into a surveying agreement with a company that is 85 % successful at finding oil.

quote:
The LOI pertains to Biogenerics projects in the states of Arizona, New Mexico, Louisiana, Texas, Arkansas, Oklahoma, Kansas, Colorado, Montana, Utah, California, and all existing and future Tyche projects in Canada for a period of between three (3) and ten (10) years.

Tyche will provide its geological and management expertise for all projects developed within the U.S. Tyche is a Canadian oil and gas exploration company whose senior management has an aggregate of over 75 years of exploration and management experience within the upstream North American oil and gas industry.

PG will provide Biogenerics and Tyche with exclusive use of its proprietary N2Vision technology to assist in exploring the hydrocarbon potential of oil and gas projects in Canada and the United States. The core of the N2Vision technology is a multilayer feed-forward neural network (MFFN) algorithm for pattern recognition. The algorithm is trained to directly recognize hydrocarbons by automatically establishing non-liner relationships between all attributes of the seismic field and data from existing wells. Since 1986, hundreds of exploration wells (mostly wildcats) drilled on locations evaluated with N2Vision technology, have established a predictive success ratio greater than 85%. N2Vision has been utilized for the exploration of key oil and gas fields owned by LUKOIL, YUKOS, SURGUTNEFTEGAS, and TATNEFT. Major customers of N2Vison include Tatneft (NYSE:TNT) and Surgutneftegas.



 
Posted by J_U_ICE on :
 
Good DD thanks Johnny Rotten
 
Posted by Otttoman on :
 
I like it! I'm buying in tomorrow with whatever I can come up with.
 
Posted by JohnnyRotten on :
 
Thanks ,

A few more positive points to add.

Originally the forecast for 5 wells was 2500 mmcfd or 2.5 million cfd.

quote:
We expect each of our five wells to be tied into the same meter site and expect combined flow at 2,500,000 MCF
They have reached this with 2 wells. The first was stabilized in June or July at 1000 mcfd and the last one was 1450 mcfd

quote:
Initial results of our recent drilling exceeded 1,000 mcf per day. This represents concrete evidence that the hydroslotter technology is tapping on, what was believed to be, barren and abandoned wells.


After its initial serge, production reports indicate that, after three weeks in operation, current flow rates for Ophelia 1 have stabilized at 1,450 mcfd.


so 2500 mcfd on two wells instead of five. About double expected.

So, even though the price of gas is down, their immediate production is up. Hope it can be sustained.


Also of note, gas prices are expected to rise modestly from now until 2010 when we will have reached peak production, 2007 forecast going from 6.62 to 9.00 was given by one analyst.

We will be able to raise production to keep costs low until 2010, but after that our available capacity will recede and prices could soar.
 
Posted by JohnnyRotten on :
 
quote:
EIA’s Short-Term Natural Gas Outlook: According to the agency’s Short-Term Energy Outlook, released May 9, 2006, the Energy Information Administration (EIA) expects that total U.S. natural gas consumption in 2006 will fall by about 240 Bcf, or 1.1 percent below 2005 levels, owing largely to the reduced heating demand during the unusually warm early months of the year. However, the decrease in 2006 is expected to be offset by a 700 Bcf increase in 2007, when total natural gas consumption is expected to amount to about 22.5 Tcf. The largest year-on-year increase is projected to occur in the residential sector (325.4 Bcf), followed by the industrial sector (201.7 Bcf), and the electric power sector (139.8 Bcf). Domestic dry natural gas production is projected to increase by 0.8 and 1.6 percent in 2006 and 2007, respectively, while liquefied natural gas (LNG) imports also are expected to increase, growing to 740 Bcf in 2006 and 970 Bcf in 2007. The expected decline in consumption of natural gas during 2006 will lead to a 9.9-percent decrease in the average annual Henry Hub spot price, which averaged $9.00 per Mcf in 2005 and is expected to average $8.11 per Mcf in 2006 and $9.17 per Mcf in 2007. Concerns about potential future supply tightness and continuing pressure from high crude oil prices will likely lead to higher natural gas spot prices next winter, with the Henry Hub spot price projected to increase to just under $11.00 per Mcf. Natural gas inventories in underground storage are projected to reach about 3,444 Bcf by the beginning of the 2006-2007 heating season (November 1, 2006), which is 250 Bcf or 7.8 percent higher than the natural gas stocks at the onset of the 2005-2006 heating season.


Since the original well started production when the price was 10.00 and averages this year expected in the 8.11 range,

I think we can say average may be for 5 wells at 1000+ plus 1450 X 4 /5 = 1360 mmcf per well or a total of 6800 mmcf.

6800 X 8.11 = 55148.00 per day X .4 (our cut) =

22059.00 per day

661,776 per month

7,941,312 per year.

about 50% of that is profit

4 mill profit / 303 mill OS = eps .0132 X 20 PE =========

.26 per share.


On paper a true ten bagger on these five wells alone.


When is everyone going to buy buy buy until this pays for my summer vacation!!!!!!!!!!! Imagine where it will be after the 20th well and the 40th and the 1000th and I will probably sell the day before it takes off.
 
Posted by JohnnyRotten on :
 
Still trending down after the pr. Might be a good time to get in with some more cash.

Last time it ran to .035 so it probably will again with the next pr.

Right now at .025, somewhere around .02 seems like a great opportunity.
 
Posted by JohnnyRotten on :
 
volume at 3.7 million which is over yesturdays total.

Maybe buying expecting a pr next week. any ideas?
 
Posted by JohnnyRotten on :
 
Remember to get the spin off divvy you have to buy by next friday. Some divvy's look kinda stupid but this is a spin off of an oil company. Might be worth having.
 
Posted by JohnnyRotten on :
 
Remember to get the spin off divvy you have to buy by next friday. Some divvy's look kinda stupid but this is a spin off of an oil company. Might be worth having.

The spin off company (Tyche Energy) currently own three revenue producing projects I know of.

Mosa #1 was drilled and tested in July with oil during drilling of 12-15 barrels/Day. No final results were ever pr'd. 15 BD would be worth 383K per year, I don't know their pct ownership. It sounded as if they would drill more wells in the area.

48% of one gas well at charring cross ,

some royalties on another group, plus they get 3-5 % of all successful wells completed for BIGN.

BIGN currently has property to be explored in several regions.

So the spin off will be a company with enough revenues to make it worth having. Certainly enough revenues to fund some other operations.
 
Posted by JohnnyRotten on :
 
My favorite BIGN PR.

1. They had 1 million in cash in Oct with more coming in.

2. A war chest of properties set for hydroslotting.


Oct 20, 2005 10:30:10 AM

TORONTO, Oct 20, 2005 (PRIMEZONE via COMTEX) --

Biogenerics Limited (Pink Sheets:BIGN) is pleased to announce that it is currently finalizing arrangements, and expects to soon commence trading BIGN in Europe via an exchange listing in the United Kingdom. Biogeneric's Paul Smith stated, "Over the past few months, the Company has developed a strong following among European investors, and we are instituting this dual listing to enable folks in the EU to invest in BIGN more efficiently and to hold positions in their home currencies. Having become accustomed to paying the equivalent of $5 to $6 dollars a gallon for gasoline, Europeans are especially attuned to the looming energy crisis facing the U.S., and see excellent value in burgeoning companies like ours that utilize cutting edge technology to economically extend dormant, shut-in U.S. energy resources."

In addition, Biogeneric's management reiterated the impact of this Tuesday's Press Release whereby Royal Petroleum has agreed to provide traditional debt-based financing for Biogeneric's upcoming schedule of oil and gas re-completion projects. Terms announced for the financing include an 8.5% credit facility to support wellhead completion expenses for hydroslotting, secured by current cash flow of the Company's existing portfolio of producing oil & gas properties. Biogeneric's Paul Smith stated, "This is tremendous news for the company and for our shareholders. The Company already has well over $1 million in reserve cash on its balance sheet to support our current hydroslotting schedule, which we knew was going to allow us to leverage our growth without raising additional equity financing and diluting our capital structure. The credit facility we have now put in place with Royal Petroleum is going to allow the Company to step to the plate with an even more aggressive re-completion schedule on a non-dilutive basis, and provides the catalyst for us to hyper-grow the Company's resource production and income streams. Over the past 6 months, we have been aggressively locating and securing additional dormant energy properties that fit the hydroslotter criteria for re-development. Now that the company has secured an almost inexhaustible 'war chest' to bring the remainder of our existing, as well as target properties into production, our growth will now only be limited by how quickly we are able secure new properties, move hydroslotter equipment to the sites, and commence re-completion operations."

Biogenerics estimates their breakeven on a $200,000 hydro-slotted re-completion to be in the 30 to 60 day range based on several projects like the recently announced Grimes, CA gas well that flowed 14,400 mcf (1 mcf = 1,000 cubic feet) in its first month. At recent gas prices of $10 per mcf, this well produces approximately $140,000 in cash flow per month, of which 40% or nearly $60,000 per month (after payback of hydro-slotting cash outlay) is realized by Biogenerics after royalty payments and expenses.

Prior to the Royal Petroleum announcement, the company's strategy suggested re-completing, and bringing on line 10 new wells per month in 2006. In 2007 the Company expects to double that rate to hydroslotting 20 wells per month.

Based on $10 per mcf gas, and upon each of the forecasted 120 wells completed in 2006 averaging a production rate of 500 mcf/day, in conjunction with alternate wells coming on stream in 2005, the Company is forecasting a daily cash flow run rate of US $240,000 at year-end 2006. This would put the company on an annualized run rate of $87.6 million.
 
Posted by J_U_ICE on :
 
I got more today. Keep posting Johnny like the info just too busy watching other stocks today.
 
Posted by rlcuban on :
 
You can get in at .026 but .025 is tough right now.
 
Posted by rlcuban on :
 
Mm is all over the board trying to fill orders this thing is tight.
 
Posted by JohnnyRotten on :
 
How about some unaudited financials dating back to June 2005.

http://72.14.207.104/search?q=cache:t0O_iHO_1xgJ:https://www.otcstockinfo.com/re pository/655702/655702_FR14.pdf+mariners+choice+corp&hl=en&gl=us&ct=clnk&cd=2

Big difference in cash on hand between then and now.

They had 3 investments

1. Mariners Choice Corp cleaning supplies (Wonder if that ever made anything?)

2. Hydroslotter

3. Tyche energy.

I think this is going to stay tight for a while.

Volume now over 6 million about twice the 50 day average. Lots of accumulation.


Most important to me is cash reserves.

quote:
CASH AND CASH EQUIVALENTS, END OF QUARTER 40,342

Cash has now gone from 40K in June 2005 to over 1 million.

[ May 12, 2006, 13:47: Message edited by: JohnnyRotten ]
 
Posted by JohnnyRotten on :
 
There are some things I don't like with this company. For the most part I think she has a bright future.

1. They said they could hydroslot 120 wells in 2006 but haven't finished the original 5 yet.

Seems they have to complete pipelines also.

I doubt they will complete 20 wells in 2006.


2. The original well started at 1000+ mcf but September totals of 14.4 mcf only come to 480 mcfd.


3. Gas prices being down are hurting the bottom line.


So considering these negatives I revise my estimates to a 30 bagger instead of 300 bagger.

2500 mcfd at 7.00 avg still gives them a nice bottom line.

6.7 million a year and if you own both Tyche and BIGN you own all of it.

6.7 X .4 = 2.55 million of which half is profit.

1.25 mil/330 os = .004 X 20pe = .08


Worst case I see this as an 8 cent stock.


If they completed 20 wells in 2006 probably a 30 cent stock.

It is way undervalued and just needs some good news.
 
Posted by JohnnyRotten on :
 
BIGN and WWGN WW Energy had a joint venture in 2005 to drill in New Mexico and maybe UTAH or Colorado.

They are currently drilling I believe those places.

I mailed ww energy to see if the JV was still a go but haven't had a response yet. I haven't seen a pr stating it was no longer a jv.

Interesting thing was both companies websites were done by the same compant.
 
Posted by JohnnyRotten on :
 
As of March 21 this jv was still good to go.

quote:
Tyche Energy Inc. Commences Production at Charring Cross Property
TORONTO, March 21, 2006 (PRIMEZONE) -- Biogenerics Limited (the "Company") (Pink Sheets:BIGN) announced that Tyche Energy Inc. ("Tyche") advises it has commenced production at its Charring Cross property located in Harwich Township, Kent County Ontario. The RPI#7, Harwich 1-1-18-IV WCR well was placed on stream at an initial production rate of 72 MCFD at 154 psi flowing wellhead pressure. Daily production rates will be increased over the next week to a targeted daily production rate of 200 MCF.


Tyche holds a 65.00% working interest ("WI") before payout ("BPO") and a 48.75% WI after payout ("APO") of pipeline and facilities construction costs. Natural gas wellhead prices have fallen from recent highs of over CDN$16.00/MCF in October 2005 to CDN$7.83/MCF in March 2006. The latest independent industry price forecasts project gas prices to average between CDN$11.65 (Sproule & Associates) and $12.67/MCF (GLJA) in 2006.

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy, Hydroslotter Corporation and WW Energy Inc.



 
Posted by JohnnyRotten on :
 
WW Energy Announces Oil and Gas Drilling Plans for 2006
FARMINGTON, N.M., Feb. 15, 2006 (PRIMEZONE) -- WW Energy Inc. (Pink Sheets:WWNG) subsidiary, WW Oil & Gas Inc., today announced that comprehensive drill programs are being developed for full exploitation of its oil and gas properties located in the San Juan Basin. The San Juan Basin is the third largest gas producing area in the United States. It is estimated there are approximately 43,000 producing wells in the area with an additional 5,000 new wells per year coming on stream over the next 10 years.


President Olin Glover commented as follows on the company's plans:

"Since going public, we are on track with our business plan. In 2006, we're aiming at major milestones for both subsidiaries. On the oil and gas side we expect to initiate a number of drilling programs this year. Our current acreage identifies undeveloped proven reserves and we intend on putting our ten years of drilling and completion experience in this area of the San Juan Basin to good use."

WW Oil & Gas Inc. intends to continue the acquisition of oil and gas properties and plans aggressive exploitation of its current acreage.

The first lease (The "Right Angle" Project), in the San Juan Basin in Northwest New Mexico, has a primary objective of entering the Jurassic Entrada Sandstone. In the late 1970s, the first oil discovery in the Jurassic Entrada sand dune led to over 2000 miles of seismic data encompassing over 200+ sand dunes in the Entrada. According to Vincelette and Chittum in their AAPG paper entitled "Exploration for Oil Accumulations in the Entrada Sandstone, San Juan Basin, New Mexico," the first well encountered 24 feet of oil that saturated the Entrada Sandstone, even though it was not located on the top of the dune. The nearest Entrada oil production is 5 miles south in Media field, which has produced more than 1.1 million barrels of oil from an accumulation that covers 160 acres of sand dune. The Gallup Sandstone is also known as an oil bearing zone.

The second and third exploitation projects (The "Johnson Anticline" Projects) in the San Juan Basin in Northwest New Mexico will test each of the following zones: the Menefee Member of the Mesaverde, the Gallup Sandstone, the fractured Mancos Shale, the Dakota Sandstone, and the Entrada Sandstone at 6,000 feet. In the late 1970s, oil was discovered in the Entrada Sandstone, the Menefee Member of the Mesaverde, the Gallup Sandstone, the Mancos Shale, and the Dakota Sandstone. In the early 1980s, fractures in the Gallup were discovered when a nearby well was drilled, and it was tested at a flow rate of 320 barrels of oil an hour.

The San Juan Basin is in Colorado and New Mexico and is also referred to as part of the Four Corners Area, which includes the San Juan Basin, the Paradox Basin, and the Black Mesa Basin. San Juan Basin oil and gas wells generate $325 million annually in federal royalties, half of which goes to New Mexico. New Mexico's petroleum industry is the largest civilian employer in the state, with over 23,000 jobs directly related to oil and gas production, refining, processing, marketing, transportation, and field services. New Mexico ranks 4th in oil reserves and 2nd in gas reserves in the United States (reserves are the amount of oil and gas in the ground waiting to be produced). New Mexico ranks 6th in oil production and 2nd in gas production in the United States.

ConocoPhillips, Shell Oil, XTO Energy, and British Petroleum are among those companies active in the San Juan Basin.

Farmington, New Mexico, where the headquarters of WW Energy is located, is the service center for the San Juan Basin area of northwest New Mexico, southwest Colorado, southeast Utah, and northeast Arizona.

About WW Energy, Inc.

WW Energy Inc. is a holding company that was created to acquire oil and gas service companies as well as oil and gas related assets through two wholly owned subsidiaries.

WW Oil & Gas Inc., established in 2005, is in the business of acquiring leases and oil- and gas-related assets. Such acquisitions are for the purposes of development, exploration, and exploitation. The company currently has rights to three oil and gas exploitation projects in the San Juan Basin area of New Mexico. Comprehensive drill programs are being developed for full exploitation of these projects.

WW Trucking Inc., formed in 1999, is a leading oil and gas services company for the oil field services industry in Utah, Colorado, New Mexico and Arizona (The Four Corners Area). The existing business operations are in transporting fresh production water for oil drilling/exploration and waste water for disposal. They also provide services for heavy hauling of drilling and well equipment needed in the oil and gas production and exploration industry.

A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results of WW Energy Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties, including but not limited to, the fact that no assurance can be given that any proposed acquisitions will be consummated at all.
 
Posted by JohnnyRotten on :
 
They are almost through their first project. WWNG was up on expectations.

90% of the wells are successful.

quote:
FARMINGTON, N.M., March 30, 2006 (PRIMEZONE) -- WW Energy, Inc. (Pink Sheets:WWNG) and its subsidiary company, WW Oil & Gas, Inc., today announced a drilling update on the Company's "Right Angle" oil and gas exploitation project in the San Juan Basin.


Director Hamlin K. Elrod commented as follows:

"Everything is going well. We are now past 4,100 feet, through the Gallup Formation, and on our way to the Dakota Formation. We estimate we'll get there sometime this weekend."

The Company's Right Angle oil and gas exploitation project is located in the highly prolific San Juan Basin of northwest New Mexico, with a primary objective of the Jurassic Entrada Sandstone Formation.

In the San Juan Basin, over 90% of the cretaceous development wells are successful. Several of the nearby Entrada fields have produced over a million barrels of oil. Testing in those Entrada fields indicate the capacity to produce as much as 20,000 BPD.

About WW Energy, Inc.:

WW Energy, Inc. is a holding company that was created to acquire oil and gas service companies as well as oil and gas related assets through two wholly owned subsidiaries.

WW Oil & Gas, Inc., established in 2005, is in the business of acquiring leases and oil and gas related assets. Such acquisitions are for the purposes of development, exploration, and exploitation. The company currently has two exploitation projects encompassing four oil and gas leases in the San Juan Basin area of New Mexico. Comprehensive drilling programs are being developed for full exploitation of these projects. ConocoPhillips, XTO Energy, and British Petroleum are among those companies active in the San Juan Basin.


 
Posted by rlcuban on :
 
With a couple of good sinkers we could be looking good! thxs for info.
 
Posted by JohnnyRotten on :
 
I would think they are through drilling since that pr is 6 weeks old. Probably waiting for results.

I was also noticing the wording of another pr about Utah. "or capeable of some production",

would these be set for hydroslotting.

quote:
Olin Glover, CEO of WW Energy Inc. commented, "Utah has approximately 7,630 oil and gas wells that are currently in production or capable of some production in the Uinta Basin, which we are targeting. We hope to be able to make an announcement regarding an acquisition in Utah soon."



 
Posted by rlcuban on :
 
I'm bullish on the fact that this company has the spare cash, financing and potential to do exploration because of the money hydroslotting gives them. So many exploration companies dont really have the capabilities or cash to to finance them. Look at aipn. I made money on them way back when they were in russian boonies. They had nothing nada ziltch compared to this company.
 
Posted by JohnnyRotten on :
 
The cash should only get better with the two new wells coming online. Last I heard they had well over 1 million and that was months ago with their well still producing. Wouldn't surprise me that has doubled.

A million in cash would let them rework 5 new wells. If they do as well this just keeps growing.

How many otc or pinks have a couple million in cash?
 
Posted by rlcuban on :
 
Im not a research guy but I love oil theres always a market and its a dwindling commodity. Not much downside on this stock as long as they get their trickles from every oil well they touch. I remember reading somewhere that its not too expensive to hydroslot a well. That 2 million should go a long way.
 
Posted by JohnnyRotten on :
 
2 million can do 10 or more wells.

If each produces a million a year it is a good deal. Great return on investment.

Since they sort of wait for production from one to finance the next 2 or 3 this will ramp up with each new well. Going from 1 every 2 months to 1 a month to one a week.

That is my hope. By the time they have 30 wells they will be so cash positive they can really make an impact.
 
Posted by JohnnyRotten on :
 
I think these first five wells are for demonstration purposes. As people hear about it they will contact the company for joint ventures.

Their website even has a place to contact if you are a rancher etc.
 
Posted by rlcuban on :
 
This is the kind of stock you make your bones in. Be careful if you pump and dump you might get left out in the cold in these low levels. I couldnt get one of my big blocks in on an aon and they just bypassed me.
 
Posted by JohnnyRotten on :
 
I bought a little high but thought it was a good value, could have held out for a lower fill but didn't.

Usually you get what you pay for anyway.

It it hits .08 this month I wont complain about a few ticks.
 
Posted by JohnnyRotten on :
 
This has a marketcap of 7 million.

Do you realize they posess 1/3 of their MC in cash.

Revenues now exceed MC.

Profits will exceed MC this year.
 
Posted by rlcuban on :
 
Never underestimate the other guys greed! quote from scarface the movie.
Yeah if goes to .08 we will all be sipping pina coladas! (and probably be wishing for a few more shares...sigh)
 
Posted by JohnnyRotten on :
 
Nice quote.

I won't be able to follow this next week so I am posting DD now.

I don't have enough in it to retire if it goes up unless it hits 10.00. Then I will take some time off.
 
Posted by JohnnyRotten on :
 
For this to hit 10.00.

Basically a MC of 3 billion.

Each well makes 500 mcfd X 10.00 gas price = 5000/day X 365 = 1,825,000 / year

would take

3000/1.8 = 1666 wells

If going by pe vs revenue at 20 pe

3 billion / 20 = 150 million in profit.

If each well gave 1 million in profits per year then only 150 wells are needed. We only get 40% so 350 wells would do.

Two to three years and we are there.
 
Posted by rlcuban on :
 
Hmm lets hope they find some oil with tyche n2 vision. ("Now that the company has secured an almost inexhaustible 'war chest' to bring the remainder of our existing, as well as target properties into production, our growth will now only be limited by how quickly we are able secure new properties, move hydroslotter equipment to the sites, and commence re-completion operations.")
I'm thinking not many companies can say that. Of course I'm always bullish in a stock I own.

[ May 13, 2006, 18:47: Message edited by: rlcuban ]
 
Posted by JohnnyRotten on :
 
Yeah,

I'm not a pumper but if the owners don't promote the stock who will?

Support your local sheriff.

I really do believe in this for what its worth. 10.00 in two years is possible.
 
Posted by rlcuban on :
 
We need real info here keep it up!
 
Posted by JohnnyRotten on :
 
I talked to someone in the oil business today and they had never heard of hydroslotting but after I described it said it would probably work.
 
Posted by JohnnyRotten on :
 
Keeping in mind that any OTC/Pinky could be a pump and dump, I still have to look at this on a positive side.

They now have 3 wells online from their Grimsby prospect.

There were 11 original wells. Are they going to keep going or find another prospect.

From a march 2005 pr,

TORONTO, Mar 4, 2005 (BUSINESS WIRE) -- Biogenerics Inc. (NQB:BIGN) today announced that Tyche Energy Inc., the Company's joint venture partner, advised that drilling operations at the Mosa 6-13-III well have commenced. The Mosa 6-13-III well is this first of an initial two (2) well exploration drilling programs targeting the gas prone Silurian Grimsby formation encountered at a depth of approximately 2,100 feet. Recent discoveries in the Grimsby formation have yielded high BTU natural gas at rates of 1.2 to 4.2 million cubic feet (MMCFD) per day. Individual pool reserves may be up to 10 billion cubic feet (10 BCF).
Tyche currently holds over 4,000 acres of petroleum and natural gas leases within the fairway of this expanding natural gas play. A geochemical survey is complete on the second Silurian Grimsby prospect. Analysis of this data will assist the company in identifying prospective drilling targets on these lands.

Drilling in such a rich area of gas reserves represents another milestone for Biogenerics that could provide significant revenue. The Company's affiliation with Tyche Energy, we contend, could garner significant short and long-term value, stated Gary Kelley, CEO.


So they have 4000 acres that they can rework old wells or drill new ones using their new technology. Possibly raising productivity enought to make any new wells profitable.

So, how many wells can be drilled on 4000 acres?
 
Posted by JohnnyRotten on :
 
Projects we don't know about yet.

feb 2006 pr

quote:
The LOI pertains to Biogenerics projects in the states of Arizona, New Mexico, Louisiana, Texas, Arkansas, Oklahoma, Kansas, Colorado, Montana, Utah, California, and all existing and future Tyche projects in Canada for a period of between three (3) and ten (10) years.



 
Posted by JohnnyRotten on :
 
Flakey or connections to the Russian oil industry.

We signed an LOI with productive geosciences who on their resume had an 85 % success rate.

For who?

quote:
N2Vision has been utilized for the exploration of key oil and gas fields owned by LUKOIL, YUKOS, SURGUTNEFTEGAS, and TATNEFT. Major customers of N2Vison include Tatneft (NYSE:TNT) and Surgutneftegas.

Notice all are major russian companies. Not the greatest transparency in the world.

Pump n dump or is it legitimate russian born technology. You decide.

My positive spin is we have a company that is willing to seek out and try new technologies. I hope they are succesful.

Also this might be the technologies debut in america and we seem to be homing in on these new partnerships when other companies haven't.
 
Posted by JohnnyRotten on :
 
Maybe biogenerics can be traced to russian investment????????
 
Posted by JohnnyRotten on :
 
from a stockhouse message on hydroslotting.

http://www.stockhouse.com/bullboards/viewmessage.asp?no=10625709&tableid=1

quote:
Hydroslotter technology, brought up on this board by Barrymore99, is quite interesting. It was developed in Russia -- so it has something in common with Wavefront, because the Russians were also the first to seriously investigate vibrational/seismic stimulation in production oil wells.

As far as I know, a company named Biogenerics is the only way to invest in the hydroslotter technology. Note that this stock has already been taken up much higher this year, in May, before it fell from 20 cents to a penny.
What follows is not a hatchet job. It is difficult to raise money for small new companies. Promoters sometimes walk a fine line in trying to whip up interest.

Biogenerics is listed on the Pink Sheets


 
Posted by J_U_ICE on :
 
bellwetherreport.com: The Bellwether Report continues to track Biogenerics, Limited

May 11, 2006 (M2 PRESSWIRE via COMTEX) -- Biogenerics, Limited (OTCPK:BIGN), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscriber's cutting edge research tools, and second to none customer service.
Biogenerics, Limited a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves, yesterday afternoon announced that Ophelia 1 is the second of four gas wells to go online from its Grimes property in California.

After its initial serge, production reports indicate that, after three weeks in operation, current flow rates for Ophelia 1 have stabilized at 1,450 mcfd

Ophelia 1's initial yields represent a significant success for Biogenerics and their strategic alliance partner, Hydroslotter Corporation, in returning the Grimes region productive prominence. Numerous wells in the Grimes region were shut in nearly two decades ago with production from Ophelia 1 ceasing in 1989.

Biogenerics Limited is also pleased to announce that Mr. James Lancaster of Tyler, Texas has joined the board as Director and CEO. Mr. Lancaster brings 30 years of experience in various business ventures, primarily oil and gas.

''I have always been excited at the potentials of the Hydroslotting technology,'' stated the newly appointed CEO of Biogenerics Limited, ''However, without the rigorous effort put forth by our excellent staff of professionals, it would have been extremely difficult to get Ophelia 1 online in such a stringent timeframe. On an additional note, we are also looking forward to getting the two remaining wells in the Grimes gathering system online in the very near future.''

Biogenerics continues to trade on extremely high volume as investor's sentiment seems to have changed. Biogenerics looks stronger then ever as the company moves forward quicker then expected as their staff works hard in hopes of a brighter future. Currently trading at $0.029, this company has traded on a fairly wide range from between $0.027 and $0.036, over the last few days and I feel that as we get closer to drilling things should improve, as this company once traded at $0.25. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
 
Posted by JohnnyRotten on :
 
My take on this, a group of guys who ran several pink sheet businesses started an oil company or funded it, the company went to Russia and saw what they were doing. Came back and got a US Patent, and contacted people in the oil business here and got them to make a go of it.

They just stole a couple of russian ideas and tried to create a nitch market for the technology.
 
Posted by JohnnyRotten on :
 
Stated business as of 1-2005 with directors.

http://66.102.7.104/search?q=cache:gpTKAq99vX4J:https://www.otcstockinfo.com/rep ository/655702/655702_FR6.pdf+Americo+DeRosa&hl=en&gl=us&ct=clnk&cd=4

They had the same men as Stonebridge which is also a pinky. And another company stated in the last link on p.3 of this thread.

March 12 Stonebridge also pr'd bringing a reworked well on-line in Texas.

Interesting parts of this filing.

quote:

The Nature of the Issuer’s BusinessBiogenerics strategically invests in oil & gas extraction technology as well as producing oilwells and firms that posses true intellectual technology. Our focus is on the oil & gas industry,environmentally sensitive products and other opportunities that fit our business modelsand provide potential synergies between new companies and those already existing inour portfolio.


o the extent the issuer is a merchant bank. It invests in the technology and products of companies that fitour business model. The investments are initially carried at cost and full disclosure of restrictions or


Management is responsible for internal control and record keeping to ensure records are up to date and availablefor chartered accountant inspection at year end.1 - None of the above named individuals have any criminal convictions and are not involved in anycriminal proceedings.2 - None of the above named individuals face any restrictions that would allow them to not participate inany business, securities, commodities, or banking activities.3 – None of the above named individuals are in violation of any federal or state securities or commoditieslaws.4 – None of the above named individuals face any suspensions, which prohibits their involvement in anytype of business or securities activity.Shareholders holding more than 5% of any classIvan Cavric7 %Americo DeRosa13 %CDS & CO26 %South Concord Corporation6 %CEDE & CO36 %Primequest Financial10 %Item 12:The Issuer’s most Recent Balance Sheet, Statement of Operations and Statement of CashFlows:See 2002 Financial Statement PackageSee 2003 Financial Statement PackageSee 2004 Financial Statement Package – see 15c211 Information Statement.
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8Item 13:Similar Financial Information For Such Part of The Two Preceding Fiscal Years As ThatIssuer Or Its Predecessor as Been In Existence:The Issuer’s financial statements for such part of the preceding fiscal years as the Issuer has beenin existence is included in the previous filing and is available for public viewing.Item 14:Is the Broker/Dealer or Associated Persons Affiliated Directly or Indirectly with the Issuer:Management of the Issuer is not aware of any Broker/Dealer or associated persons or entities thatare affiliated, either directly or indirectly, with the Issuer.Item 15:Is the Quotation Being Published/Submitted on Behalf of any other Broker/Dealer, and if so,the Name of such broker or dealer?Management of the Issuer is not aware of any Broker/Dealer submitting quotations with respect tothe Issuer’s common stock on behalf of any other broker or dealer.Item 16:Is the Quotation Being Submitted/Published/ Directly or Indirectly on Behalf of the Issuer,or Any Director, Officer or Any Person Directly/Indirectly the Beneficial Owner of MoreThan 10% of the Outstanding Shares of Any Security of The Issue?Americo DeRosa, CDS & CO, CEDE & CO, Primequest FinancialCapital StructureThe Number of Shares of Total Amount of the Securities Outstanding as of December 31,2004 Year End.Authorized 50,000,000 common sharesOutstanding 15,432,000 common sharesFreely Tradable 15,432,000 common sharesThe company has 39 shareholdersThe Number of Shares of Total Amount of the Securities Outstanding as of December 31,2003 Year End.Authorized 75,000 common sharesOutstanding 50,000 common sharesFreely Tradable 50,000 common sharesThe company had 1 shareholdersThe Number of Shares of Total Amount of the Securities Outstanding as of December 31,2002 Year End.Authorized 75,000 common sharesOutstanding 50,000 common sharesFreely Tradable 50,000 common sharesThe company had 1 shareholders
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9Year End Financial ReportsWith respect to the financial statements prepared and attached under the Information Statement,please be advised that because statements were prepared as of December 31, 2004.* agreements - N/A* asset acquisition - N/A* debt or financial obligation- N/A* off balance sheet transactions - N/A* costs associated with exit or disposal activities - N/A* material impairments - N/A* unregistered sales of equity securities - N/A* material modification to rights - N/A* changes in accountant - N/A* change in control of issuer or directors and principals - N/A* change in fiscal year bylaws or issuers code of ethics, N/AThe above information has been undersigned on the date indicated./s/ Gary KelleyGary Kelley - CEOPresident / DirectorJanuary 21, 2005
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10ASSOCIATED FINANCIAL CORPORATION38 DOROTHY ST.WELLAND, ONTARIO L3B 3V7TEL: 905 732 7448 FAX: 905 468 1631BIOGENERICS LIMITEDFINANCIAL STATEMENTSYEAR ENDING DECEMBER 31, 2004NOTICE TO MANAGEMENTAt your request, we have prepared the accompanying balance sheet as at December 31, 2004 and the statements of income and retainedearnings for the year ending from the books and records of Biogenerics Limited and from other information supplied to us bymanagement. These financial statements have been prepared in accordance with generally accepted accounting principles.WELLAND ONTARIOJanuary 21, 2005
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11BIOGENERICS LIMITED (A NEVADA CORPORATION)(FORMERLY I & I SPORT COMPANY INC.)BALANCE SHEET AS AT DECEMBER 31, 2004(UNAUDITED - see notice to reader)20042003$$ASSETSCURRENTCash296,80415,915LONG TERMInvestments - note 1452,0000748,80415,915SHAREHOLDERS' EQUITYSHAREHOLDERS' EQUITYShare capital note 21,025,00025,000Retained earnings (Deficit)(276,196)(9,085)748,80415,915
--------------------------------------------------------------------------------
Page 12
12BIOGENERICS LIMITED (A NEVADA CORPORATION)(FORMERLY I & I SPORT COMPANY INC.)STATEMENT OF INCOME AND RETAINED EARNINGS (DEFICIT)FOR THE YEAR ENDING DECEMBER 31, 2004(UNAUDITED - see notice to reader)20042003$$INCOME00ADMINISTRATIVE EXPENSESMarketing & Promotion35,2150Bank charges and interest625480Legal fees5,0000Directors Fees20,0000Management Fees144,2153,000Consulting Fees30,0000Rent12,8400Business Fees5,0001,210Office2,3410Telecommunications3,1250Transfer agent and resident agent fees8,7500267,1114,690NET INCOME (LOSS) FOR THE YEAR(267,111)(4,690)RETAINED EARNINGS (DEFICIT), BEGINNING OF YEAR(9,085)(4,395)RETAINED EARNINGS (DEFICIT) , END OF YEAR(276,196)(9,085)
--------------------------------------------------------------------------------
Page 13
13BIOGENERICS LIMITED (A NEVADA CORPORATION)(FORMERLY I & I SPORT COMPANY INC.)NOTES TO THE FINANCIAL STATEMENTSFOR THE YEAR ENDING DECEMBER 31, 2004(UNAUDITED - see notice to reader)200420031 LONG TERM INVESTMENTS$$Acquisition of 50 % of oil and gas assets of Tyche Energy Inc. at the CharringCharring Cross oil and gas project in Southwestern Ontario with optionsto acquire additional leases up to a 50 % ownership of Tyche Energy Inc.320,0000Deposit to Hydro Slotter Corporation - as an investment in state of the artextraction technology to significantly increase production of marginal oil wells .100,0000Mariners Choice Corp - Agreement to fund manufacture of environmentally friendlycleaning products and solutions specifically for the shipping and marineindustry.32,0000452,00002SHARE CAPITAL20042003$$Articles amended June 17 2004 to increase authorizedcapital from 50,000 to 50,000,000 as well as affecting name changeand new management.Authorized: 50,000,000 common shares with a par value of $0.001Issued and fully paid: 15,432,000 common shares1,025,00025,000

It is a merchant bank.

No criminal violations.


Cede and Co owns 36%.
 
Posted by JohnnyRotten on :
 
definition and work of a merchant bank. They typically had the highest credibility.

http://www.financiersinternational.com/merchant_banks.htm


http://www.informationbible.com/MerchantBanks.html
 
Posted by JohnnyRotten on :
 
Merchant banks are usually involved in consulting and finance.

Venture capital
Venture capital is money put into an enterprise which may all be lost if the enterprise fails. A businessman starting up a new business will invest venture capital of his own, but he will probably need extra funding from a source other than his own pocket. However, the term 'venture capital' is more specifically associated with putting money, usually in return for an equity stake, into a new business, a management buy-out or a major expansion scheme.

The institution that puts in the money recognises the gamble inherent in the funding. There is a serious risk of losing the entire investment, and it might take a long time before any profits and returns materialise. But there is also the prospect of very high profits and a substantial return on the investment. A venture capitalist will require a high expected rate of return on investments, to compensate for the high risk.

A venture capital organisation will not want to retain its investment in a business indefinitely, and when it considers putting money into a business venture, it will also consider its "exit", that is, how it will be able to pull out of the business eventually (after five to seven years, say) and realise its profits. Examples of venture capital organisations are: Merchant Bank of Central Africa Ltd and Anglo American Corporation Services Ltd.

When a company's directors look for help from a venture capital institution, they must recognise that:


· the institution will want an equity stake in the company
· it will need convincing that the company can be successful
· it may want to have a representative appointed to the company's board, to look after its interests.
The directors of the company must then contact venture capital organisations, to try and find one or more which would be willing to offer finance. A venture capital organisation will only give funds to a company that it believes can succeed, and before it will make any definite offer, it will want from the company management:


a) a business plan
b) details of how much finance is needed and how it will be used

c) the most recent trading figures of the company, a balance sheet, a cash flow forecast and a profit forecast

d) details of the management team, with evidence of a wide range of management skills

e) details of major shareholders

f) details of the company's current banking arrangements and any other sources of finance

g) any sales literature or publicity material that the company has issued.

A high percentage of requests for venture capital are rejected on an initial screening, and only a small percentage of all requests survive both this screening and further investigation and result in actual investments.


This is probably a legitimate business, funded by an investment bank who took a 10% or more equity position, The connections to other pink sheet companies is that the same merchant bank was involved.
 
Posted by rlcuban on :
 
I did find the their parent group did have a lawsuit on name infringement by an asian company.. Morningstar Group as opposed to Morningstar Capital. This is what the judge said when he cited in favor of Biogenerics Morningstar Capital......

Furthermore, the fact that Morningside Capital offered its services to sophisticated financial professionals did not help to avoid a likelihood of confusion, given the evidence of actual confusion. Similarly, the fact that Morningside Capital offered high quality services did not work in its favor because that similarity might, and in fact did, prompt a Morningside Group customer to mistake a publicized Morningside Capital transaction for a Morningside Group deal.
http://www.ostrolenk.com/publications/00448732.htm

Toronto, Ontario, December 9, 2003 (OTO MGCCF): Morningside Capital Corporation through its wholly owned subsidiary Biogenerics Limited has entered into a binding marketing agreement with Sunset International Distribution LLC. The marketing agreement allows Biogenerics to market, distribute and sell a line of herbal alternatives dealing with weight loss, health and beauty. The four new products are considered to be viable alternatives to popular medications.

http://www.siteherbs.com/newsletters/issue26.html

They seem to be into a lot of stuff. [Roll Eyes]
Please advise if I am incorrect do your own dd.

[ May 14, 2006, 14:42: Message edited by: rlcuban ]
 
Posted by JohnnyRotten on :
 
Morningside Capital Associated with some big names

quote:
Plastic Logic has raised Ł13.9 million (about €20 million) in its Series C funding, of which BASF Venture Capital has provided Łone million. Other companies participating in the financing round include Amadeus Capital Partners, PolyTechnos Venture Partners, Intel Capital, Siemens Venture Capital, Morningside Capital, BA Capital Partner, Nanotech Partners, Dow Chemical, and Quest Management.

 
Posted by rlcuban on :
 
Nice dd!
 
Posted by JohnnyRotten on :
 
Biogenerics being a wholly owned subsidiary of Morningside Capital should give it some credibility.

Why be a pinky though?

This is interesting.

The president of Morningside Capital is on the Board of Trustees of Boston College University.

http://66.102.7.104/search?q=cache:Hc9I3IFNZO8J:www.bc.edu/publications/factbook /meta-elements/pdf/fb2000trusteesofficers.pdf+Morningside+Capital+Group+LLC&hl=e n&gl=us&ct=clnk&cd=5


[QUOTE] Vincent A. Wasik
PresidentMorningside Capital Group L.L.C.
 
Posted by rlcuban on :
 
Calvrics involvement with Digital Cybernet seem to be involved with illegal takeover bids.


The Parties

1. Otis-Winston Ltd. ("Otis-Winston") is an Ontario corporation. Ivan Cavric is the Chief Financial Officer of Otis-Winston.

2. Xillix Technologies Corp. ("Xillix") is a British Columbia corporation and a reporting issuer. There are approximately 31,790,000 outstanding common shares of Xillix.

3. Digital Cybernet Corporation ("Digital Cybernet") purports to be a reporting issuer in Ontario. Digital Cybernet purported to become a reporting issuer by filing a securities exchange take-over bid circular (dated September 27, 1999, the same date as Digital Cybernet's incorporation) for Central America Marketing Inc. on October 6, 1999.

4. Digital Cybernet shares are subject to a hold period until October 6, 2000

http://www.osc.gov.on.ca/Enforcement/Proceedings/2000/soa_20000601_otiswinstonlt d.jsp

"Never underestimate the other guys greed." Quote from Scarface the movie.
I got no problem with greed.

The boiler room warning for National Detection Clinic issued in boilerroom in January 26, 2005 I just dont think it panned out they are still in existence under TGC Ventures International and they just signed a letter of intent with Tagalder Environmental Bio-Tech.

http://www.primezone.com/newsroom/news.html?d=98890

http://www.stockhouse.com/bullboards/viewmessage.asp?no=10625709&tableid=1

Link below doesnt work. Look for it in above. From Johnny Rotten post.

http://boilerrooms.********.com/2005_01_01_boilerrooms_archive.html

Thanks for dd!

[ May 14, 2006, 15:58: Message edited by: rlcuban ]
 
Posted by JohnnyRotten on :
 
Mr. Wasik's resume

http://www.velocityexpress.com/static/investor_directors_chairman.jsp

This list doesn't mention morningside capital Group, LLC.

but

MCG Global

I wonder if it is the same?
 
Posted by J_U_ICE on :
 
GREAT DD guys you're saving me a lot of research. Keep it up
 
Posted by JohnnyRotten on :
 
Connections to the White House. Not necessarily a good thing.

According to the Court docs,

http://caselaw.lp.findlaw.com/cgi-bin/getcase.pl?court=2nd&navby=case&no=989140

Morningside Capital was started by Wasik and an attorney who happens to be on the top 100 list of Pres Bush campaign fund collectors.

http://www.whitehouseforsale.org/ContributorsAndPaybacks/pioneer_profile.cfm?pio neer_ID=813

Laurance Bathgate
 
Posted by JohnnyRotten on :
 
How about this,


serving as finance chair of the Republican National Committee under that President Bush
 
Posted by JohnnyRotten on :
 
Morningside Capital Associated with some big names


quote:
--------------------------------------------------------------------------------
Plastic Logic has raised Ł13.9 million (about €20 million) in its Series C funding, of which BASF Venture Capital has provided Łone million. Other companies participating in the financing round include Amadeus Capital Partners, PolyTechnos Venture Partners, Intel Capital, Siemens Venture Capital, Morningside Capital, BA Capital Partner, Nanotech Partners, Dow Chemical, and Quest Management.
--------------------------------------------------------------------------------


I found this pr associated with Morningside Group so it is hard to tell if it is associated with Group or Capital.
 
Posted by JohnnyRotten on :
 
The Biogenerics pr says

Morningside Capital Corp

We need to make sure it is

Morningside Capital Group, LLC


Might be the same, but may be a look alike company that borrows a name to asociate themselves.
 
Posted by JohnnyRotten on :
 
Different company,

http://www.onlypunjab.com/fullstory1104-insight-MRS+Sciences+Declares+Another-st atus-15-newsID-8068.html

they changed names to

Mrs Sciences.
 
Posted by rlcuban on :
 
ABSTRACT
The Pennsylvania State University, under contract to the U.S. Department of Energy,
National Energy Technology Laboratory will establish, promote, and manage a national
industry-driven Stripper Well Consortium (SWC) that will be focused on improving the
production performance of domestic petroleum and/or natural gas stripper wells. The
consortium creates a partnership with the U.S. petroleum and natural gas industries and
trade associations, state funding agencies, academia, and the National Energy
Technology Laboratory.
This report serves as the third quarterly technical progress report for the SWC. Key
activities for this reporting period include: 1) organizing and hosting the 2005 Spring
Meeting in San Antonio, Texas to review and select projects for SWC co-funding, and 2)
preliminary planning of the fall technology transfer meetings.

http://www.osti.gov/bridge/servlets/purl/850193-gf27yT/850193.PDF


This is what I'm talking about look it over folks under contract from U.S. Dept. of Energy. With research provided by Pennsylvania State University. If you look around carefully you'l see Hydroslotter Technology is there on page 7.
As well as research costs of 3 million on page 3. Whoever invented it this warranted government attention.

Thanks J_u_ice! [Big Grin] (Guys I really think this might take off.)
 
Posted by JohnnyRotten on :
 
http://www.mrssciences.com/about.php
 
Posted by JohnnyRotten on :
 
The team page doesn't say much.

It is nice to think they are connected to the bigger Morningside companies in some way, but no evidence of it.

They are still classified as a bank of some kind.

I hate people who hide behind a web-site.
 
Posted by JohnnyRotten on :
 
The last MRS press releases just talk about a private placement in the oil business, nothing even mentions Biogenerics.

That could be stonebridge or biogenerics.

I think the technology is real, just wish we had more transparency.
 
Posted by rlcuban on :
 
Boy you really get the info going! Keep it up!
 
Posted by JohnnyRotten on :
 
I am running out of time and getting a headache.

They used this company to get Strat Petro off the ground.

http://www.emfi.biz/

So MRS would have

Strat
Stonebridge
Biogenerics

in the oil business. If they are all still associated.
 
Posted by rlcuban on :
 
Can't find stock quote for mrs sciences perhaps this is a private investment corp.

[ May 14, 2006, 17:30: Message edited by: rlcuban ]
 
Posted by JohnnyRotten on :
 
Was MSIIF

dont know now.
 
Posted by JohnnyRotten on :
 
Just a couple of posts before I leave you folks with this,

The first well tested over 1000 mcfd but only produced 468? avg in sept.

This can be accounted for because there are peak hours where the companies just may not take as much or may take more. They could also shut it down periodically to adjust it. Lower averages would not degrade the well, it could be cut in half but produce twice as long. Saving production for higher gas prices.

Also the wells have been known to produce from 4 layers, I believe all they are getting is from the first.

The original wells only produced 350 or so, this proves the technology does allow more gas flow. Thus very successful.

There was a rumor one well only had 50 mcfd. That is the California minimum so it would be shut down if true.

Lower numbers are still economically viable, 500 mcfd is still over 3000 per day and pays for the well in 65 days. Therefore it is a valid revenue producer. Even at 100-200 mcfd it is viable, it just takes longer.

Don't forget one well also gave 15 bbl of oil day during drilling, so that can be added to the total by raising over 300k per year. The oil basically pays for the well.
 
Posted by JohnnyRotten on :
 
What might happen this week. There is a lot of news to look forward to.

What if the company set it up so divvy week would be news week, trying to maximize pps in a way it breaks out. This may or may not happen but it could.

1. The divvy could raise buying pressure to some degree. Even though divvys can cause pps to fall because the company has to buy the shares they give away. It can be offset with buying pressure.

2. We could get news on two new wells coming online. One or two wells with good flow would open some eyes.

3. WWNG could release positive results from their well in New Mexico, of which we may own half. It could be big news.

4. Tyche has been doing work in Canada and a successful well there could be coming.

5. News of other projects could be announced setting the stage for more expectations.

If they chose for it to run divvy week they have the news to set it off if ready.

With the cash available mergers, acquisitions, lease news etc are very possible.

Not to mention a new company with an exciting technology makes a great buyout candidate.

GLTA
 
Posted by JohnnyRotten on :
 
Forgot to add.

Hydroslotting may be just as valuable for new wells almost doubling production and increasing life.

If successful for wwng it would open the flood gates of companies wanting a quicker return and longer payout.

Even if we got royalties from say 50 wells per year of 10% of payout we would do very well.
 
Posted by GVMOORE on :
 
Thanks for all the DD. I'm a believer. Long and
strong. GLTA
 
Posted by JohnnyRotten on :
 
Well a decent day today.

Hit .03 and closed higher than friday on low volume. Without news.

Divvy coming up.

Good week ahead I hope.
 
Posted by J_U_ICE on :
 
I was wondering where you were Johnny I was surprised at the low volume today. We will have news soon
 
Posted by Johnwayne on :
 
I will begin accumulating after the divy date. Many are in this waitin for the divy and will sell after the 19. Not realizing the potential of this jewel.
I will not buy in before the divy because Scottrade always delivers my shares late while I sit and watch everybody else sell.
 
Posted by JohnnyRotten on :
 
The waiting game has begun.

Some thoughts to pass along.

1. I think credibility especially with a pinky is hard to come by. It now seems the company has been 100% honest with us. The numbers they have posted have been verified.

14,500 mcf for sept on their first well was right on.

http://opi.consrv.ca.gov/opi/opi.dll/WellFrame?UsrP_ID=100048988&PWT__ID=1000968 68&PWT__WellTypeCode=DG&StartRow=1&SortFields=PWT__WellTypeStatus&NewSortFields= PWT__WellTypeStatus&FormStack=Main%2COperator%2CWellList&PriorState=Opr__Id%3D10 0002516&UsrP_RecentYearFirst=1

The last three months show a fall off, this could be from the well or from the companies not willing to buy because of high inventories.

The entire Grimes field has fallen to 1/3 rd of sept production.

http://opi.consrv.ca.gov/opi/opi.dll/Search?UsrP_ID=100048988&FormStack=Main%2CF ield&Fld__Code=282&Action=Get+Sums+&PriorState=Encoded%3DTrue


One thing this proves is the company gave us the exact numbers.

Lets say the wells fall off to 8000 mcf/month as this did for whatever reason. What if we had 30 of these wells.

30 X 8000 = 240,000 mcf per month X 7$ = 1,680,000 per month or 20.1 million per year.

The well is paid for in initial production and about 40% after is profit.

You are still looking at profit of 8 million.

8/303 = .026 X 20+ pe = .50 plus.

I think this will be a .50 stock very soon.


The above link provides us with a glimpse of what hydroslotting can do.

1. High initial production to pay for well.

2. Consistent productivity in a range somewhat higher than when it was previously shut down.

According to the ist link it was shutdown 12/90 at about 1200 mcf for the month, reopened at 14,400 and sustained around 8000 mcf.

7 X increase.

GLTA and hope to have good news soon.
 
Posted by J_U_ICE on :
 
NEWS,Biogenerics` Head Office Now Fully Operational

May 17, 2006 11:00:27 (ET)


TYLER, Texas, May 17, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) announced today that its head office in Tyler, Texas is up and running and now fully operational. The company also stated that newly appointed Director Mr. James Lancaster is currently, with due diligence, evaluating several projects in the oil and gas sector. Pertinent information regarding these projects will be passed on as soon as it is made available.

Biogenerics Limited, because of previous delays, also confirms that the record date of May 19, 2006 for the Tyche Special Dividend is on schedule and will follow with the payment date of June 2, 2006 as mentioned in the May 3, 2006 press release.

About Biogenerics Limited:

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics has oil and gas assets acquired from Rubicon Petroleum. The company also has joint venture activities with Tyche Energy and Hydroslotter Corporation.

About Hydroslotter Corporation:

Hydroslotter Corporation's proprietary technology deemed "hydroslotting" increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%. Hydroslotter's technology is cost effective and for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high.

Website: http://www.bignltd.com

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: Biogenerics Limited


Biogenerics Limited
Dale Boyd, Investor Relations
(905) 714-9422
www.bignltd.com
(C) 2006 PRIMEZONE, All rights reserved.
 
Posted by imakmony2005 on :
 
ABOUT TIME.LOL
 
Posted by J_U_ICE on :
 
I was out for a while
 
Posted by imakmony2005 on :
 
I like PERT sitting at .20.
 
Posted by J_U_ICE on :
 
lets get past .03 1st
 
Posted by J_U_ICE on :
 
who's at .26
 
Posted by J_U_ICE on :
 
holding steady needs volume
 
Posted by rlcuban on :
 
Looking good baby. I'm hoppy (hoppy>happy!)
 
Posted by JohnnyRotten on :
 
should be a good day tomorrow and friday for the divvy. Not any sellers and lots of buys.

I thought the press release was encouraging.

Rumors have been flying about a big deal in Texas. Hope it is a big deal.

I think the company has enough on the plate already to make it go up, but a ten billion dollar deal would be welcomed. I would take ten million in profit right now.

Wishing.

Good luck to all.
 
Posted by GVMOORE on :
 
BIGN is a big deal. Rumor or fact .40-.50 min.
See last yr slow steady climb to 1.05. Looks
like HX may just repeat it's self. GLTA
 
Posted by J_U_ICE on :
 
Biogenerics New CEO Updates on Grimes Project and Future Plans
via COMTEX

May 18, 2006

TYLER, Texas, May 18, 2006 (PRIMEZONE via COMTEX News Network) --

Biogenerics Limited (Pink Sheets:BIGN) announced that newly appointed CEO James Lancaster has submitted a recent assessment of the company's progress with Hydroslotter Corp. in the Grimes and some of his visions for the company's future.

As reported earlier, joint venture partner Hydroslotter has completed slotting on a second well, Ophelia 1, with current flow rates of 1450 mcfd. Hydroslotter encountered significant delays due to excessive weather conditions in the Grimes region. Biogenerics is pleased to say that these conditions have cleared and complications have been resolved. The company is now continuing with two other wells.

Management has been informed that the two wells slated to be worked on should yield close to the same flow rates as Ophelia 1. On average these wells have a flow expectancy of approximately 10-15 years. It is expected that these wells will be completed in a 2-3 week period. Biogenerics has targeted several other potentially lucrative wells in the Grimes region to be slotted in the near future.

As the company's head office is now fully operational, it is considering the possibility of changing the company name to better reflect the market it is focusing on. "We appreciate the name submissions from our shareholders and we will make a decision soon. It is my goal to continue to pursue economically sound acquisitions in the oil and gas sectors and to ensure that these projects are completed in a timely manner. I am thrilled to join the company at such an exciting time and I will endeavor to provide firm leadership doing my best to keep our shareholders up to date regarding company progress," stated Lancaster.

About Biogenerics Limited:

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics has oil and gas assets acquired from Rubicon Petroleum. The company also has joint venture activities with Tyche Energy and Hydroslotter Corporation.

About Hydroslotter Corporation:

Hydroslotter Corporation's, proprietary technology, deemed "hydroslotting," increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%. Hydroslotter's technology is cost effective and for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high.

Website: http://www.bignltd.com

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: Biogenerics Limited

Biogenerics Limited Investor Relations Dale Boyd (905) 714-9422 www.bignltd.com

(C) 2006 PRIMEZONE, All rights reserved.
 
Posted by J_U_ICE on :
 
Good volume excellent PR saying 2 wells similar to the 1st

As reported earlier, joint venture partner Hydroslotter has completed slotting on a second well, Ophelia 1, with current flow rates of 1450 mcfd. Hydroslotter encountered significant delays due to excessive weather conditions in the Grimes region. Biogenerics is pleased to say that these conditions have cleared and complications have been resolved. The company is now continuing with two other wells.

Management has been informed that the two wells slated to be worked on should yield close to the same flow rates as Ophelia 1. On average these wells have a flow expectancy of approximately 10-15 years. It is expected that these wells will be completed in a 2-3 week period. Biogenerics has targeted several other potentially lucrative wells in the Grimes region to be slotted in the near future.

== $$$$$$$$$$$
 
Posted by JohnnyRotten on :
 
Excellent PR.

I grew up in Texas and my Dad owned a pipelining company before the oil glut. He still pipelines after I guess almost 40 years. I talked to him about this and he was skeptical because he hadn't heard of hydroslotting, after I explained it he was receptive and said it was similar to some other techniques of injecting co2 or other chemicals. Maybe a different engineering approach.

What he said about refurbished wells really hit home.

quote:
Anytime you buy a lease you also acquire the liability.
That is why many shy away from older wells, they have old casing etc that can be a big liability.

I explained that I thought they drilled a bigger hole and probably used new casing and fittings etc he said that would make refurbishing a lot less risky.

So,

1. Improved production.
2. Lower cost.
3. Less liability risks.


I like the fact that we are building slowly, establishing steady revenue, because it gives us the means to buy undervalued companies that just need a little capital to become successful. Maybe buy companies with mineral rights but not much to drill with.
 
Posted by JohnnyRotten on :
 
Best things about this stock.

1. They reached profitability before issueing 500 million shares. Most pinkies are in the billions.

2. Stabilizing, profitable, and ever increasing revenue flow.

3. They can double their revenue in the next 3 weeks. It can go up ten fold in twelve weeks.

4. New technology that many will use.

5. Oil is way up and gas has bottomed and will head back up end of summer.

5. They have a product that is perfect for joint ventures where the other company bears the risk.

6. They now have the money to acquire other companies without masive dilution.

7. They don't have to hurry, they can be patient for good deals because they already have the revenues.

8. Texas alone has more than 356,000 oil and gas wells, to date 0 have been hydroslotted.

9. Big Divvy.

10. Still cheap.


And the only downside I see,


I am out of funds.


I forgot to add we are looking at a golden cross, technicals say big run possible.
 
Posted by JohnnyRotten on :
 
can you still get the divvy today?

According to the 2005 end of year financials the company owns 86 thousand dollars worth of mineral rights.

These connected with WW Energy or WWGN.

GLTA
 
Posted by JohnnyRotten on :
 
frome www.energyinc.com Feb 15 press release.

quote:
Our current acreage identifies undeveloped proven reserves
The idea these are "proven reserves" should tell you they know oil is there.
 
Posted by JohnnyRotten on :
 
839K shares all at .029 today.

Ask just moved to .03 a little while ago.

Someone had a lot of shares to sell at .029.
 
Posted by JohnnyRotten on :
 
finally hits .031, bid up to .o3 now.

It isn't running yet but walking real fast.
 
Posted by J_U_ICE on :
 
looking good
 
Posted by J_U_ICE on :
 
above avg volume buys coming in, Up 14% I like slow and steady
 
Posted by J_U_ICE on :
 
up 21% 2x volume on UT
 
Posted by J_U_ICE on :
 
held up 21% at .035 ask.0355 2.5x volume nice day [Cool]
 
Posted by GVMOORE on :
 
Slow steady climb. We got JUICE and more on
the way. Have a good one.
 
Posted by JohnnyRotten on :
 
anytime you are up 25% and get a divvy it is a good day.
 
Posted by JohnnyRotten on :
 
Since people are proposing new names for the company.

How about joining Biogenerics with Tyche and what do you get


Biotch Energy or Biotch Oil And Gas cause this stock is biotching. Make a great rap song.
 
Posted by J_U_ICE on :
 
That's classic [Big Grin]

quote:
Originally posted by JohnnyRotten:
Since people are proposing new names for the company.

How about joining Biogenerics with Tyche and what do you get


Biotch Energy or Biotch Oil And Gas cause this stock is biotching. Make a great rap song.


 
Posted by JohnnyRotten on :
 
I was canvassing the california gas lease site. The lease where the first gas well is Andreotti well # 1.

The andreotti lease has 15 wells, all but 2 have not produced in ten years.

http://opi.consrv.ca.gov/opi/opi.dll/Search?UsrP_ID=100049205&FormStack=Main%2CC ounty%2CLease&WMtr_LeaseName=Andreotti&Action=Get+Wells&PriorState=Cnty_APICode% 3D011%2CEncoded%3DTrue

It seems several say active but have had no production for years.

Just wonder how many of the wells they are working are from this list, anyone know?
 
Posted by JohnnyRotten on :
 
The grimes field has 353 matches, of these at least half are candidates for hydroslotting.

http://opi.consrv.ca.gov/opi/opi.dll/Search?UsrP_ID=100049205&FormStack=Main%2CF ield&Fld__Code=282&Action=Get+Wells&PriorState=Encoded%3DTrue

Plus there is the West Grimes field in the same area. with hundreds of wells.

If you look through the list of operators you come up with some big names.

Chevron
Mobil
Tex Cal
Venoco (They just bought Tex Cal)
Vintage Petroleum
Conoco

If you look on this list of top producers in Texas you find

http://opi.consrv.ca.gov/opi/opi.dll/Search?UsrP_ID=100049205&FormStack=Main%2CF ield&Fld__Code=282&Action=Get+Wells&PriorState=Encoded%3DTrue

Chevron #3 5762 wells
ConocoPhillips #14 5768 wells
Vintage # 33 960 wells
Tex Cal # 51 235 wells

Probably 3/4th of the Grimes wells are TexCal or Venoco which bought TexCal or Vintage.

If you establish a working relationship with these in the Grimes field it opens up the top producers in Texas.

[ May 20, 2006, 17:09: Message edited by: JohnnyRotten ]
 
Posted by JohnnyRotten on :
 
On the Andreotti Lease probably half are listed as Vintage as the operator.

Vintage was to be bought out bu Occidental Petro in 2005 for 3.5 billion,

http://www.eia.doe.gov/emeu/finance/mergers/ovindex.html

If Vintage is the operator then it ties us to an even bigger fish in Occidental Petroleum.

Occidental Permian is the #1 producer in Texas, i'm not sure if they are part of Occidental as a sub-division.
 
Posted by JohnnyRotten on :
 
Occidental Permian is indeed a subsidiary of Occidental Petro.

http://www.hoovers.com/occidental-permian/--ID__111356--/free-co-factsheet.xhtml

This gives an overview of their work. The main focus is CO2 injection which is a cousin of hydroslotting.

A perfect fit to change techniques on the wells that need help.
 
Posted by imakmony2005 on :
 
Symbol: Markets Detailed Quote Depth/Level II Options Charts News Profile Insiders Filings Historical Symbol Lookup powered by
quotemedia.com


History For Biogenerics Ltd 5/20/2006 9:06 PM

Start: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 1976 1975 End: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 1976 1975 Download

Date Open High Low Close Volume Change Change %
5/19/06 0.028 0.035 0.029 0.035 11,534,069 0.006 20.69%
5/18/06 0.027 0.029 0.026 0.029 3,465,648 0.0025 9.43%
5/17/06 0.025 0.027 0.025 0.0265 3,856,849 0.0005 1.92%
5/16/06 0.023 0.026 0.022 0.026 2,036,520 0.001 4.00%
5/15/06 0.03 0.03 0.022 0.025 1,953,618 0.002 8.70%
5/12/06 0.027 0.028 0.023 0.023 6,431,842 0.0045 -16.36%
5/11/06 0.029 0.03 0.025 0.0275 3,580,958 0.0015 -5.17%
5/10/06 0.028 0.029 0.0265 0.029 8,141,907 0.001 3.57%
5/9/06 0.03 0.036 0.027 0.028 21,112,578 0.002 7.69%
5/8/06 0.027 0.03 0.0255 0.026 11,090,158 – –
5/5/06 0.02 0.028 0.019 0.026 9,835,717 0.006 30.00%
5/4/06 0.02 0.02 0.019 0.02 2,656,575 0.0019 10.50%
5/3/06 0.0181 0.0185 0.017 0.0181 1,367,320 – –
5/2/06 0.0175 0.0185 0.017 0.0181 1,938,500 0.0001 0.56%
5/1/06 0.017 0.0185 0.016 0.018 993,844 – –
4/28/06 0.019 0.019 0.017 0.018 1,855,948 – –
4/27/06 0.019 0.019 0.017 0.018 1,134,956 0.001 -5.26%
4/26/06 0.02 0.02 0.017 0.019 1,128,700 0.001 -5.00%
4/25/06 0.0195 0.021 0.0175 0.02 954,875 0.0005 2.56%
4/24/06 0.02 0.021 0.018 0.0195 728,250 0.0005 -2.50%
4/21/06 0.019 0.02 0.0175 0.02 2,118,800 – –
4/20/06 0.02 0.02 0.017 0.02 1,661,800 0.0015 8.
 
Posted by imakmony2005 on :
 
See the UP trend.
 
Posted by J_U_ICE on :
 
BIGN - BIOGENERICS LTD (OTC)
Date Open High Low Last Change Volume % Change
05/19/06 0.0290 0.0350 0.0290 0.0350 +0.0060 11534001 +20.69%


05/19/06 0.0290 0.0350 0.0290 0.0350 +0.0060 11534001 +20.69%


Composite Indicator -- Signal -- -- Strength -- -- Direction --
Trend Spotter (TM) Buy Maximum Strongest

Short Term Indicators
7 Day Average Directional Indicator Buy Average Strongest
10 - 8 Day Moving Average Hilo Channel Buy Strong Strongest
20 Day Moving Average vs Price Buy Maximum Strongest
20 - 50 Day MACD Oscillator Buy Average Strongest
20 Day Bollinger Bands Buy Average Strongest

Short Term Indicators Average: 100% - Buy

Medium Term Indicators
40 Day Commodity Channel Index Buy Minimum Strongest
50 Day Moving Average vs Price Buy Maximum Strongest
20 - 100 Day MACD Oscillator Buy Average Strongest
50 Day Parabolic Time/Price Sell Weak Weakest

Medium Term Indicators Average: 50% - Buy

Long Term Indicators
60 Day Commodity Channel Index Buy Minimum Strongest
100 Day Moving Average vs Price Buy Maximum Strongest
50 - 100 Day MACD Oscillator Buy Minimum Strongest

Long Term Indicators Average: 100% - Buy

Overall Average: 88% - Buy
 
Posted by JohnnyRotten on :
 
It is hard to tell if the uptrend friday was from the divvy, certainly some was.

I think we are in an up trend simply from news on revenues.

4 or five wells with more to come.

Profit coming in.

Deals coming.
 
Posted by JohnnyRotten on :
 
It has been said that the fall of gas prices has hurt BIGN, and I am sure it has to some degree, but you have to remember they have 4 wells out of hundreds they will do.

By the time they get 30 wells prices should be in the 8-9 dollar range according to price outlookes. 8.11 the predicted avg.

Despite the fall BIGN is still doing great.

1. Figure revenues after the well is paid off after 45 days.

2. Based on 7500 mcf month per well as Andreotti #1 reported.

3. A low $6 price.

4. A conservative 20 pe.

6. A conservative well figure in the next 4 months of 10 wells.

10 X 7500 X 6 X .4 / 303milOS X 20 pe = .14/sh

Over 2 million in profits.

At some point they will do an oil well which will balance the price fluctuations.

A well that produces 20 barrels per day X $60 = 1200/day X 365 = 438,000/ year our profit about 200K.

Even a marginal well can be profitable.

Also stocks that are still losing money are trading at market caps 10 times BIGN.

I have tried to be conservative so I don't appear to be hyping or pumping.
 
Posted by JohnnyRotten on :
 
I also like the idea we are not placing all our hopes on one project or technology.

We have several things going.

1. Royalties from a well near Lake Erie.

2. Charring Cross sour gas treatment and well.

3. Exploration in Canada with Tyche.

4. Exploration in New Mexico with ww energy. Currently drilling. They have trucks to haul oil without a pipeline in place. More expensive but allows immediate return.

5. Acquisitions and deals possible in Texas.

6. Grimes project.

7. Thousands of acres of mineral rights.
 
Posted by JohnnyRotten on :
 
Since 2001 the Talisman well has produced over 120,000 barrels of oil according to a press release, or 30K + barrels per year.

we own 1.95 % royalty through our purchase of rubicon.

30000 X 70 X .0195 = 40,950.00 per year.

Every little bit helps.
 
Posted by JohnnyRotten on :
 
Clearing up some confusion.

When Tyche changed its name from Ontario Inc it was a company with Peter Rowe as President.

There were actually two Ontario Inc companies.

http://72.14.203.104/search?q=cache:WXDAiO785kcJ:ontpet.com/documents/nl_dec_04. pdf+2018251+Ontario+Inc&hl=en&gl=us&ct=clnk&cd=10

Notice on this web site under past president Mr Rowe is connected to

2018251 Ontario Inc

In the Tyche press release in the center of the page Tyche is from another Rowe company

2021877 Ontario Inc

Biogenerics actually made deals with both companies.

They invested in the first 251 and created a joint venture with the second 877 after purchasing certain rights.

quote:
TORONTO, ONTARIO –– October 13, 2004 –– Biogenerics Limited, (NASDAQ PKS: BIGN) is pleased to announce that it has made an investment in 2018251 Ontario Inc., a holding company with significant oil and gas reserves in Ontario, Canada. As part of the longer-term investment plan, Biogenerics intends to purchase a greater interest in 2018251 Ontario Inc., with a first right of refusal, in the productive acreage owned by 2018251 Ontario Inc.
2018251 Ontario Inc. owns several thousand gross acres of off-shore crown land near Romney Township in Kent County and also in the Dover field in Lambton County, Ontario. One of the more important assets of 2018251 Ontario Inc. is an over-riding royalty interest in a five-kilometer long horizontal well in Romney, Ontario, which is the longest horizontal well in North America, and also the recently drilled lateral to this well.


and a second agreement

quote:
2004.10.20 - Acquisition of oil and gas interest

TORONTO, Oct 20, 2004 (BUSINESS WIRE) -- Biogenerics Inc. (the Company) (Pink Sheets:BIGN) has entered into an agreement (the Agreement) with 2021877 Ontario Inc. (the Vendor) pursuant to which Biogenerics will acquire 30% of the Vendor's interest in certain petroleum and natural gas assets (the Assets) located in Southwestern Ontario.
The Assets are comprised of varying working interests in producing and exploratory lands and reserves having significant upside production potential. Two producing wells and four shut-in oil and gas wells are included in the acquisition.


The first had the talisman well but the second says there were two producing wells.

That makes an interest of at least 3 wells.

add the

Mosa 1

and the

Charring Cross

and the

Rubicon Interest

and the

Grimes

That comes to

8 or 9 producing wells of which we own some interest.
 
Posted by JohnnyRotten on :
 
It seems both companies owned an overriding interest in both Talisman Horizontal Wells. One may have had a greater interest than the other.

If this is wrong please correct me.
 
Posted by J_U_ICE on :
 
Great DD once again Johnny keep the info coming, This week should be good
 
Posted by imakmony2005 on :
 
Biogenerics Outlines Acquisition Program

May 23, 2006 09:00:38 (ET)


TYLER, Texas, May 23, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) announces it has entered into a Letter of Intent to purchase the assets, operations and all oil/gas leases from an East Texas operator and drilling company which has been in the oil industry for over 30 years. The agreement is expected to be signed within 72 hours.

After proper due diligence is performed, Biogenerics will have three options available regarding this transaction:



1) The company can purchase the assets, operations, personnel,
existing mineral leases and existing 250 producing wells
in the East Texas Oil Field.
2) Biogenerics can elect to invest with this company in
150 re-work wells in the East Texas Oil Field.
3) The company can also elect to invest collectively in 12
wells to be drilled in West Texas. This company currently
employs 70 people, has its own rework rigs and drilling
rig, plus several years of experience in oil field
operations and management.
Biogenerics management is gearing up to purchase the entire operations of this company, which includes the wells mentioned in options (2) and (3). If the company's due diligence proves this transaction to be viable, then the result will be that Biogenerics has purchased proven reserves of 10.4 million bbls of oil which has historically graded out at the 42 gravity level, plus the opportunity to prove up and own another 15 million bbls of oil reserves. The daily production of existing wells in the East Texas Oil Field being acquired is estimated at 275 bbls/day. This will be a major step for the company and will place it as a major operator in the oil industry in the State of Texas and surrounding areas.

The company anticipates this deal should close within the next 120 days. Financing for the transaction is being researched with commitments for financing being obtained from three lending and investment sources.

Newly-elected CEO James Lancaster was instrumental in bringing this opportunity to the company. He stated, "My first direction for the company was to place it into a position to be a major player in the oil industry and to supply it with the tools and personnel to do so. This opportunity, if realized, will do just that. Not only will it provide us with a well known name in the industry as an operating company, but the experienced personnel that come with this transaction will add to our ability to be a major player in the oil industry."

The current owner of the company being purchased has agreed that if this transaction closes, he will become a member of the Board of Directors of Biogenerics for a period of two years in order to help guide the company in its quest to be a major oil industry company. "We welcome this opportunity and hopefully will find in our due diligence procedures that Biogenerics can take advantage of." Lancaster further stated that "Management is looking at other lease and investment opportunities at this time. These include a 600 acre lease in Texas, 6 gas wells in West Texas, 110 acre lease in East Texas and other opportunities as they present themselves."

Website: http://www.bignltd.com

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: Biogenerics Limited


Biogenerics Limited
Dale Boyd, Investor Relations
(905) 714-9422
 
Posted by Hold-em-er-fold-em on :
 
WOW!!
 
Posted by Hold-em-er-fold-em on :
 
Big buys coming in! Printing .035's
 
Posted by Squire38 on :
 
Looks like its starting to go.
 
Posted by J_U_ICE on :
 
The buys are really coming
 
Posted by Squire38 on :
 
L2s:
Bid: 2 * 0.0375
Ask: 2 * 0.039 / 2 * 0.040 / 1 * 0.041 / 1 * 0.042
 
Posted by J_U_ICE on :
 
up 27% almost 4x volume
 
Posted by imakmony2005 on :
 
NICE!
 
Posted by tonicma on :
 
EOD run and gap up tomorrow.

This baby is goign to 10 cents no problem.
 
Posted by imakmony2005 on :
 
im in.
 
Posted by jordanreed on :
 
in at .04
 
Posted by tonicma on :
 
LOVE that VOLUME

UPTICKED to new HOD right at close. LOVELY
 
Posted by J_U_ICE on :
 
Very nice setup. Great day
 
Posted by goodboy on :
 
Ready for a big run. Very good movement today. I don't have any money to invest at this time but would keep my Virtual Million dollor on this stock. Let me see how my million dollor grows.
[Big Grin] [Cool] [Big Grin] [Razz]
 
Posted by JohnnyRotten on :
 
Just got home and wanted to say wow.

A cautious wow.

I think I will wait the 72 hours to say a big wow. There are several things I see here. It isn't a done deal. Nor are the terms mentioned.

1. The oil production is 7 million per year. 275 barrels at 72$.

That isn't exacly a major player in Texas. It is steady revenue and depends a lot on the price of oil.

2. We don't know financing terms which, if a private placement can have a high price depending on the conversion price.

It can cause heavy dilution if the lender is promised convertible shares. Say the price is 50 million convertible in 2 years, if the price goes up to 10 dollars it takes less shares than if the price is at .10.

3. It is based on 10-25 million barrels of reserves.

25 million X 72 = 180 million dollars.

Until you know the ask price per barrell you don't know if it is a good deal. We can't be expecting to pay for this with current revenues from the oil wells.

275 barrels a day at 72$ or 7 million a year would take several years to pay for 25 million barrels at 20$ per barrell = 50 million or 40$ = 100 million. Plus interest.

50 million / 7 million = paid off in seven years. Not a bad deal if you can make another 100 million.

The biggest plus of this is that it shows institutions are allowing us to leverage our technology for financing. They believe in it..

It seems the terms with the ceo as a board member means his final exit profit will depend on the performance of BIGN over a two year period.


I am going to wait 72 hours to fully celebrate. If the deal doesn't go through we will probably crash. Big time. If you get out quick you make a profit. Being I work no way I could exit quick enough.

If the deal is good it could explode after the actual terms are announced.
 
Posted by tonicma on :
 
In 72 hours, this stock will hit 10 cents or Evern higher.

By tghat time I have already cashed most of my money out.
 
Posted by JohnnyRotten on :
 
correction

25 million X 72 is 1.8 billion

72 hours and we will know more.
 
Posted by GVMOORE on :
 
Don't pull the trigger to quick. We are on a roll. Growth = Green and more green. GLTA
 
Posted by GVMOORE on :
 
Correction

25 million x 85 is 2.1 billion and more to add.

12-24 months your guess is better than mine. But don't miss a good profit.
 
Posted by tonicma on :
 
Rule of thumb, cover inititla investment once double.

That is what I am going to do, that rule NEVER failed me.
 
Posted by JohnnyRotten on :
 
Yea i'm thinking most will cash out before the news even hits if this runs.

True die hard longs may hang on.

If the deal isn't that great you made your money, if better than expected can jump back in.

If the deal falls thru some bagholders at the top will be pissed.

I honestly don't know what to expect.Cost of extracting and shipping american oil runs like 10-15 per barrel. If they pay 40$ a barrell for the reserves the company will only make 15-35 per barrell.

275 x 15 x 365 = 1.5 million per year.

If they increased OS by 25% to get 1.5 million profit it wouldn't be a good deal except for the short term traders. PPS could actually fall.
 
Posted by djg7 on :
 
Gapping .045x.047.
 
Posted by imakmony2005 on :
 
Biogenerics Ltd. Negotiating to Purchase Existing Oil Lease Near Quitman, Texas

May 24, 2006 09:03:02 (ET)


TYLER, Texas, May 24, 2006 (PRIMEZONE via COMTEX) -- Due to the positive reception of yesterday's announcement by Biogenerics Ltd. (Pink Sheets:BIGN), James Lancaster, CEO, commented, "It appears the market has recognized the potential this company and its positioning in the oil industry. Other opportunities are being presented to management, which are being evaluated for consideration and management is actively negotiating with possible lender/investor groups to provide Biogenerics with sufficient capital to take advantage of the selected opportunities that may arise."

He further added, "The Company is issuing an LOI for the purchase of an existing oil lease near Quitman, Texas. The field and opportunity was presented to the company by the geophysical engineering firm that is being retained to do the due diligence on the acquisition that was the subject of the company's press release yesterday."

Lancaster further noted, "This opportunity requires an investment by the company of approximately $1.5 million for purchase of the lease, improvements to the lease, reworking existing wells, drilling of injection wells and drilling of new wells to remove the reserves estimated, and is projected by the engineering firm to be an opportunity to return 634,800 recoverable barrels of oil over the life of the lease. Based on engineering projections, the potential internal rate of return to the company's investment discounted to present value at 10% of 47.21% with a payout of 3.04 years. The life of the lease is estimated at 19.25 years."

Lancaster concluded by stating, "These are the kinds of business opportunities that will become available to Biogenerics on conclusion of the purchase of the drilling and operating company announced earlier yesterday. Details will be released as they become available." For further information: http://www.bignltd.com

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy, Hydroslotter Corporation and WW Energy Inc.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

This news release was distributed by PrimeZone, www.primezone.com
 
Posted by imakmony2005 on :
 
moving up nicely
 
Posted by Squire38 on :
 
Well, I think this will run more, but it has hit my exit point. Good luck everyone!
 
Posted by imakmony2005 on :
 
byb byb, i want just a bit more.
 
Posted by J_U_ICE on :
 
.05 GOOD START
 
Posted by rlcuban on :
 
Geez Juice! Uh what address do I send my first born to? Didnt even have to wait the prerequisite six months for it to pop. Bam! Good job!

(Uh cwfg looks good no lose situation..... by the way its at .0001)
 
Posted by jordanreed on :
 
sold at .0505....nice little profit
 
Posted by J_U_ICE on :
 
Thanks ricuban this deal looks great. You can name your first born after me but I'm not Michael Jackson you don't have to send the kid to me [Big Grin]
 
Posted by rlcuban on :
 
Well I thought I could finally pawn him off [Roll Eyes] had to try.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by rlcuban:
Well I thought I could finally pawn him off [Roll Eyes] had to try.

I guess it was worth a try. Don't want him to get any of your BIGN money
 
Posted by tonicma on :
 
Anybody got bid and ask on this baby
 
Posted by imakmony2005 on :
 
.045 BID .047 ASK
 
Posted by tonicma on :
 
Crazy Volume and looks like breakout coming before close
 
Posted by rlcuban on :
 
I'm showing someone just payed $1.18 for
3000 shares thats not right the mm should have disallowed on general principle.

"Never underestimate the other guys greed!"
 
Posted by tonicma on :
 
LOL, GAP UP TOMORROW $1 here we come. LOL

probably typo
 
Posted by JohnnyRotten on :
 
Very nice day.

Still waiting on conditions of first deal to celebrate.

The second deal looks very nice. 45 mil in retail oil for 1.5 million price. Looks like a good deal, it will just take a little while to get revenues coming.

If valuation was based solely on in the ground oil this would be very nice. This will factor in some but profit is the big mover.

I think we will have to do some work, maybe six months out to start having the revenue and profit. 19 year estimate for 634K barrels so avg 33K per year X 72 = 2.4 mill per year.

I think we will move up on the news but will move up more when bigger revenues are actually realized.

I think this is a great buy and hold stock.

Revenues coming

Grimes 3-5 mil per year
Wells in Canada
Maybe NM
7 mil on first texas deal
2.4 mil on second Texas deal

We could have 15 million in revenue within 6 months.

If half is profit then

7mil/303mil OS = .023 X 20 pe = .46 cents/sh.
 
Posted by goodboy on :
 
My Virtual $1 Million is $1.1372 Million Now. Let's see If I can convert this to $1 billion...(Virtually) .. This is a good stock to buy. [Wink]
 
Posted by vinnie1 on :
 
anyone have the current float.
 
Posted by goodboy on :
 
Company's website say's

Corporate Snapshot
Outstanding Shares (as at May 25, 2005)
224,326,710 common shares
 
Posted by goodboy on :
 
Data from their financial report:

Articles amended June 17 2004 to increase authorized
capital from 50,000 to 50,000,000 as well as affecting name
change and new management.
Articles amended on April 5 2005 to increase authorized capital to 400,000,000
in anticipation of forward split of stock.
Stock was split forward 10 for 1 on May 12 2005 giving
each shareholder of record as of May 6 2005 9 additional
shares for each one owned.
Authorized: 400,000,000 common shares with a par value of $0.001
Issued and fully paid: 280,909,015 common shares
 
Posted by GVMOORE on :
 
Agressive growth. Lancaster looks to be the man
to make it happen. It's all pointing north.GLTA
 
Posted by J_U_ICE on :
 
Biogenerics Limited Completes Letter of Intent With Texas Oil Company and Expands Assets Within the L.O.I.

PrimeZone via COMTEX


May 25, 2006 3:33:04 PM

TYLER, Texas, May 25, 2006 (PRIMEZONE via COMTEX News Network) --

Biogenerics Limited (Pink Sheets:BIGN) announces that James Lancaster, CEO, has confirmed the execution of the Letter of Intent by all parties, that pertains to the purchase of assets, leases, contracts, agreements and oil reserves, of the East Texas operator.

Lancaster stated, "This transaction will bring to the company a presence in the oil industry that is highly respected -- an operation with a substantial positive cash flow, ownership in over 200 currently producing wells generating over 7,300 bbls/month of crude oil, leases with an estimated 21.84 million bbls/oil in proven reserves, drilling sites for 12 new wells, with a potential for a substantial reserve position in oil and gas. Further, 125 well sites to rework and capitalize the oil production from in the existing field, and equally important, a fully operating exploration/drilling company with a highly regarded reputation in the industry in Texas which will allow the company to do its own drilling, rework and management of wells."

Lancaster continued, "This is the foundation stone being laid for the Company to gather and amass substantial holdings in the oil/gas industry. Today, it is difficult to get a drilling company to perform new well services in less than nine months. This acquisition gives our Company the ability to do its own drilling procedures without reliance upon any other party. That is a definite plus in this industry today."

The Letter of Intent requires the Company to clear its due diligence on the purchase within 30 days from the above date, enter into final agreements and close the transaction within 60 days of today's date. The Company has already held meetings with its lenders and investment firms and expects it will complete the financing of this acquisition within the time frame of the Letter of Intent. Lancaster concluded by saying, "Even though my 30 years of business experience was not totally in the oil industry, the contacts I have made in the East Texas oil industry have made this opportunity available to the Company. Hopefully, we will see this transaction come to fruition and the results of the positive cash flow from this operation will impact the Company's financial reporting by the last quarter of this calendar year."

Website: http:/www.bignltd.com
 
Posted by J_U_ICE on :
 
volume coming
 
Posted by Repoman75 on :
 
Radaring.
 
Posted by J_U_ICE on :
 
UTing
 
Posted by mnvestor on :
 
Gap in am???
 
Posted by J_U_ICE on :
 
quote:
Originally posted by mnvestor:
Gap in am???

[Big Grin] [Big Grin] [Big Grin]
 
Posted by J_U_ICE on :
 
This will run in the AM
 
Posted by JohnnyRotten on :
 
Well the pr didn't tell financing methods but the rest of the pr was totally awesome.

Can you say 2.00 stock real soon.

If everyone picked out the best part in the pr we might all have differences, but the best parts here are.

Large positive cash flow.

Over 1.5 billion in proven reserves.

quote:
Proved reserves of natural gas are estimated quantities that analyses of geological and engineering data have demonstrated to be economically recoverable in future years from known reservoirs.
This from an oil site.

What if oil goes to 100$?
 
Posted by JohnnyRotten on :
 
How about this.

125 wells to be reworked.

The average output per well per day is 36.5 barrels.

That isn't a lot, but with 125 to be reworked they might double that or triple it.

It would be nice if they said 125 non-working wells. I hope they can add a lot of production.

At 36.5 barrels it would take over two months to recoup the cost of hydroslotting. Then free and clear. Aboout 900 grand per year per well.

125 X 900000+ = 120 million per year in revenues.

Add that to the grimes area. If by the end of the year we have 20 wells at 8000 mcf per month x 7.00 = 1,120,000 per month. or 7.84 million per year.

By the time they get both fields in full production it could be 200 million + per year in revenue.

The re-work paid for very quickly.

If by the end of the year they are making 20 million in profit this stock will be 1.50 minimum. I wouldn't be surprised to see it much higher.

If book value of 2 billion that is 6$ per share.
 
Posted by J_U_ICE on :
 
BIGN - BIOGENERICS LTD (OTC)
Date Open High Low Last Change Volume % Change
05/25/06 0.0520 0.0520 0.0390 0.0500 +0.0011 16216100 +2.25%


Composite Indicator -- Signal -- -- Strength -- -- Direction --
Trend Spotter (TM) Buy Maximum Strengthening

Short Term Indicators
7 Day Average Directional Indicator Buy Weak Weakest
10 - 8 Day Moving Average Hilo Channel Buy Maximum Strengthening
20 Day Moving Average vs Price Buy Maximum Strengthening
20 - 50 Day MACD Oscillator Buy Maximum Strongest
20 Day Bollinger Bands Buy Strong Weakening

Short Term Indicators Average: 100% - Buy

Medium Term Indicators
40 Day Commodity Channel Index Buy Minimum Strengthening
50 Day Moving Average vs Price Buy Maximum Strongest
20 - 100 Day MACD Oscillator Buy Maximum Strongest
50 Day Parabolic Time/Price Sell Minimum Weakest

Medium Term Indicators Average: 50% - Buy

Long Term Indicators
60 Day Commodity Channel Index Buy Weak Strengthening
100 Day Moving Average vs Price Buy Maximum Strongest
50 - 100 Day MACD Oscillator Buy Weak Strongest

Long Term Indicators Average: 100% - Buy

Overall Average: 88% - Buy
 
Posted by JohnnyRotten on :
 
The above numbers are if they can get current 36.5 barrels per month to avg 36.5 barrels per day.
 
Posted by GVMOORE on :
 
How sweet it is. My take a little off the table at .25 and more at .45. GLTA
 
Posted by J_U_ICE on :
 
bellwetherreport.com: The Bellwether Report Issues a Morning Alert For Biogenerics, Limited

M2 Communications via COMTEX


May 26, 2006 3:48:44 AM

May 26, 2006 (M2 PRESSWIRE via COMTEX News Network) --

Biogenerics, Limited (OTCPK:BIGN), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscriber's cutting edge research tools, and second to none customer service.

Biogenerics, Limited a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves, yesterday afternoon announced that James Lancaster, CEO, has confirmed the execution of the Letter of Intent by all parties, that pertains to the purchase of assets, leases, contracts, agreements and oil reserves, of the East Texas operator.

Lancaster stated, "This transaction will bring to the company a presence in the oil industry that is highly respected -- an operation with a substantial positive cash flow, ownership in over 200 currently producing wells generating over 7,300 bbls/month of crude oil, leases with an estimated 21.84 million bbls/oil in proven reserves, drilling sites for 12 new wells, with a potential for a substantial reserve position in oil and gas. Further, 125 well sites to rework and capitalize the oil production from in the existing field, and equally important, a fully operating exploration/drilling company with a highly regarded reputation in the industry in Texas which will allow the company to do its own drilling, rework and management of wells."

Lancaster continued, "This is the foundation stone being laid for the Company to gather and amass substantial holdings in the oil/gas industry. Today, it is difficult to get a drilling company to perform new well services in less than nine months. This acquisition gives our Company the ability to do its own drilling procedures without reliance upon any other party. That is a definite plus in this industry today."

The Letter of Intent requires the Company to clear its due diligence on the purchase within 30 days from the above date, enter into final agreements and close the transaction within 60 days of today's date. The Company has already held meetings with its lenders and investment firms and expects it will complete the financing of this acquisition within the time frame of the Letter of Intent. Lancaster concluded by saying, "Even though my 30 years of business experience was not totally in the oil industry, the contacts I have made in the East Texas oil industry have made this opportunity available to the Company. Hopefully, we will see this transaction come to fruition and the results of the positive cash flow from this operation will impact the Company's financial reporting by the last quarter of this calendar year."

Biogenerics continues to trade on extremely high volume, as investor's sentiment seems to have changed. Biogenerics looks stronger then ever as the company moves forward quicker then expected as their staff works hard in hopes of a brighter future. Currently trading at $0.05, this company is up over 15.0% as investors become excited about the future of this company, now that they understand some of their potential. This is the highest Biogenerics has traded since the company fell from $0.23, back in July 2005. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
 
Posted by JohnnyRotten on :
 
Could be a big day. I set my sell order extra high. I look for a big run, then pullback and consolidation next week before another big run.

If they announce the gas wells next week it will bring in even more attention.

GLTA
 
Posted by mnvestor on :
 
Moving, still time to get in
 
Posted by johnnyjai on :
 
Nice!
 
Posted by coalkickin on :
 
Going to be a huge day....Look at the L2's....
 
Posted by J_U_ICE on :
 
This is nice start to a great day!!!!!!!!!!
 
Posted by johnnyjai on :
 
Wow, up to 0.058 already

I see some sells coming...take the profit while you can!
 
Posted by jason r on :
 
based on the l2s , this is going to 0.07 thats the next stop
 
Posted by J_U_ICE on :
 
I love Fridays [Eek!] [Big Grin] [Cool]
 
Posted by jason r on :
 
This has only 130 million float , I believe it does have potential to go to 0.10 easily
 
Posted by imakmony2005 on :
 
IM OUT,
 
Posted by jason r on :
 
why u out ?
 
Posted by GVMOORE on :
 
With only a 130m float we may be bumping
1.00 soon.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by GVMOORE:
With only a 130m float we may be bumping
1.00 soon.

This is is a great hold. If you just want fast money take some profit but ride the free shares ride free shares
 
Posted by rlcuban on :
 
Oh man what am I going to do with all this money.........
 
Posted by jason r on :
 
It will be heading to .10 today imo thats all i can say
 
Posted by GVMOORE on :
 
Going to hold over the the long weekend. Very
little down side. Should see a morning spike
Tues. Any oil disruption over the weekend would
send us to the moon. IMO
 
Posted by jason r on :
 
Definitely , this stock is strong , small float , all float eaten up almost , once done , we will se e0.10
 
Posted by J_U_ICE on :
 
looks like a strong close
 
Posted by J_U_ICE on :
 
Nice close on an uptick .062 up 24% 3x volume nice day!!!!!!!!! Best is yet to come IMO
 
Posted by jason r on :
 
excellent another gapper on tuesday [Smile]
 
Posted by jason r on :
 
I cant wait for tuesday , this is on lots of radars , its going to go up again imo
 
Posted by J_U_ICE on :
 
can't believe nobody is talking about this stock!!!!!!!! [Confused]
 
Posted by cactus33 on :
 
that may be a good thing....
 
Posted by J_U_ICE on :
 
I agree with that. I guess everyone is looking for the big runner. I'm all for that but I've watched this go from .026 to .062 and EQBM go from .007 to .045 in just a few weeks and those chart are set up really strong and still nobody notices. I'll just watch the cash roll into my account.
 
Posted by cactus33 on :
 
nice....Juice... i'll keep this on my radar..
 
Posted by theExposed on :
 
J_U_ICE,

Everyone's attention is on BKMP and NDOL. Had BIGN and sold it. Will look at this one again Thxs.
 
Posted by theExposed on :
 
Ohh P.S. look at PLNI... Radaring and worthwhile! glta
 
Posted by theExposed on :
 
Ohh P.S. look at PLNI... Radaring and worthwhile! glta
 
Posted by GVMOORE on :
 
The transaction will bring:

Substantial positive cash flow.
200 producing well.
Leases with an estimated 21.84m bbls
in proven reserves.
125 wells sites to rework.
A fully operating exploration/drilling company.


Low float and more deals in the works.
How long will PPS be under .25 GLTA
 
Posted by J_U_ICE on :
 
quote:
Originally posted by theExposed:
J_U_ICE,

Everyone's attention is on BKMP and NDOL. Had BIGN and sold it. Will look at this one again Thxs.

theExposed I have also loaded up on BKMP I'm just saying don't miss out on this one
 
Posted by theExposed on :
 
J_U_ICE

Cool deal! thanks! GLTA


P.S. Sorry if i'm double posting, I have to get that corrected. not my intention.
 
Posted by jason r on :
 
I know but see with bkmp , huge float , difficult to move , as opposed to this one , small float , and moves easily and has revenues and huge net income [Smile] just wait . You dont want to be the chases , im not pumping , im in this stock and im hoping for a dime by the end of the week , its on a lot of radars
 
Posted by jason r on :
 
Biogenerics Board of Directors Approves Third L.O.I. to Purchase Oil and Gas Properties
>TYLER, Texas, May 30, 2006 (PRIMEZONE) -- Biogenerics Limited (Pink Sheets:BIGN) announces that it is issuing a Letter of Intent to purchase the operating wells known as the Wood and Camp County Properties. Currently the properties produce a combination of crude oil, natural gas and condensate.

This prospect will allow the company to purchase the existing working interest in 32 operating wells. The deal includes sites for 4 additional producing wells, plus a plan to rework existing well sites. The total project is estimated to cost the Company $5.5 million and is expected to bring an asset valued by the Registered Professional Engineering firm of $12.5 million.

The Board of Directors feels this project is certainly worth management efforts to determine its viability. Incorporated with the other potential purchase which was the subject of the Company's latest press release, Biogenerics endeavors to add critical mass that is synergistic to the Board's business plan. James Lancaster, CEO, stated that, "This acquisition will enhance the operations of the other company and add value to oil assets. With the ability to spread operating cost over a larger base of revenues, BIGN continues on its path of amassing oil and gas assets under its control."

He concluded by stating,"When these acquisitions are completed, the company will settle into a business mode of exploiting its own leases to develop their best potential for future oil and gas revenues. Much has been done in a short period of time and I am pleased with the efforts of management realizing the significance this can bring to Biogenerics Limited and look forward to seeing it come to pass."

Website: http://www.bignltd.com

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy and Hydroslotter Corporation.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

CONTACT: Biogenerics Limited

Investor Relations

Dale Boyd

(905) 714-9422
 
Posted by jason r on :
 
its gapping on news
0.062x0.0660
 
Posted by deepockets on :
 
May 29, 2006 (M2 PRESSWIRE via COMTEX) -- Stocks in the News: Biogenerics Ltd. (OTC: BIGN

Biogenerics Ltd. (OTC: BIGN) shares surged 24.0% on Friday to finish the week up at $0.062 per share, with well above average volume trading. On Thursday, Biogenerics announced the completion of an LOI with a Texas oil company. Biogenerics CEO James Lancaster confirmed the execution of the Letter of Intent by all parties, that pertains to the purchase of assets, leases, contracts, agreements and oil reserves, of the East Texas operator.
 
Posted by jason r on :
 
Its going to be a great day
 
Posted by J_U_ICE on :
 
you got that right!!!!!!
 
Posted by jason r on :
 
LEts see if it breaks 0.07
 
Posted by jason r on :
 
You think it can juice?
 
Posted by J_U_ICE on :
 
I think it could close right about .07 today
 
Posted by jason r on :
 
Definitely and tommorow 8 [Smile] end of week 10 , i guess were the only ones here in this stock
 
Posted by J_U_ICE on :
 
That's fine with me i'm just enjoying the slow steady rise.
 
Posted by jason r on :
 
Yup a cent a day makes the doctor go away [Smile]
 
Posted by J_U_ICE on :
 
at HOD should have a nice afternoon
 
Posted by jason r on :
 
It should definitely not too far away from 0.07
 
Posted by jason r on :
 
hit 0.07 , now whats next [Razz]
 
Posted by GVMOORE on :
 
Strong stock to hold this well in a down
market.
 
Posted by rlcuban on :
 
Yeah but I almost choked on my pina colada.
 
Posted by jason r on :
 
it should go tommoorw
 
Posted by rlcuban on :
 
Up down all around this stock is about a safe a bet as any.

Never underestimate the other guys greed!
 
Posted by J_U_ICE on :
 
This is exactly how I feel about this stock

BIGN - BIOGENERICS LTD (OTC)
Date Open High Low Last Change Volume % Change
05/30/06 0.0660 0.0700 0.0600 0.0620 unch 18311340 unch%


Composite Indicator -- Signal -- -- Strength -- -- Direction --
Trend Spotter (TM) Buy Maximum Strengthening

Short Term Indicators
7 Day Average Directional Indicator Buy Average Strongest
10 - 8 Day Moving Average Hilo Channel Buy Maximum Strengthening
20 Day Moving Average vs Price Buy Maximum Strengthening
20 - 50 Day MACD Oscillator Buy Maximum Strongest
20 Day Bollinger Bands Buy Average Weakest

Short Term Indicators Average: 100% - Buy

Medium Term Indicators
40 Day Commodity Channel Index Buy Minimum Weakening
50 Day Moving Average vs Price Buy Maximum Strengthening
20 - 100 Day MACD Oscillator Buy Maximum Strongest
50 Day Parabolic Time/Price Buy Weak Strengthening

Medium Term Indicators Average: 100% - Buy

Long Term Indicators
60 Day Commodity Channel Index Buy Weak Weakening
100 Day Moving Average vs Price Buy Maximum Strengthening
50 - 100 Day MACD Oscillator Buy Average Strongest

Long Term Indicators Average: 100% - Buy

Overall Average: 100% - Buy
 
Posted by rlcuban on :
 
Ah J_U_ICE you don't miss a beat!
 
Posted by GVMOORE on :
 
Been looking for days for a better play and
none found.
 
Posted by J_U_ICE on :
 
bellwetherreport.com: The Bellwether Report issues an Agressive Investors Alert for Biogenerics, Limited

M2 Communications via COMTEX


May 31, 2006 3:01:54 AM

May 31, 2006 (M2 PRESSWIRE via COMTEX News Network) --

Biogenerics, Limited (OTCPK:BIGN), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscriber's cutting edge research tools, and second to none customer service.

Biogenerics, Limited a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves, yesterday afternoon announced that James Lancaster, CEO, has confirmed the execution of the Letter of Intent by all parties, that pertains to the purchase of assets, leases, contracts, agreements and oil reserves, of the East Texas operator.

Lancaster stated, "This transaction will bring to the company a presence in the oil industry that is highly respected -- an operation with a substantial positive cash flow, ownership in over 200 currently producing wells generating over 7,300 bbls/month of crude oil, leases with an estimated 21.84 million bbls/oil in proven reserves, drilling sites for 12 new wells, with a potential for a substantial reserve position in oil and gas. Further, 125 well sites to rework and capitalize the oil production from in the existing field, and equally important, a fully operating exploration/drilling company with a highly regarded reputation in the industry in Texas which will allow the company to do its own drilling, rework and management of wells."

Lancaster continued, "This is the foundation stone being laid for the Company to gather and amass substantial holdings in the oil/gas industry. Today, it is difficult to get a drilling company to perform new well services in less than nine months. This acquisition gives our Company the ability to do its own drilling procedures without reliance upon any other party. That is a definite plus in this industry today."

This morning this company announced that it is issuing a Letter of Intent to purchase the operating wells known as the Wood and Camp County Properties. Currently the properties produce a combination of crude oil, natural gas and condensate.

This prospect will allow the company to purchase the existing working interest in 32 operating wells. The deal includes sites for 4 additional producing wells, plus a plan to rework existing well sites. The total project is estimated to cost the Company $5.5 million and is expected to bring an asset valued by the Registered Professional Engineering firm of $12.5 million.

The Board of Directors feels this project is certainly worth management efforts to determine its viability. Incorporated with the other potential purchase which was the subject of the Company's latest press release, Biogenerics endeavors to add critical mass that is synergistic to the Board's business plan. James Lancaster, CEO, stated that, "This acquisition will enhance the operations of the other company and add value to oil assets. With the ability to spread operating cost over a larger base of revenues, BIGN continues on its path of amassing oil and gas assets under its control."

He concluded by stating,"When these acquisitions are completed, the company will settle into a business mode of exploiting its own leases to develop their best potential for future oil and gas revenues. Much has been done in a short period of time and I am pleased with the efforts of management realizing the significance this can bring to Biogenerics Limited and look forward to seeing it come to pass."

Biogenerics continues to trade on extremely high volume, as investor's sentiment seems to have changed. Biogenerics looks stronger then ever as the company moves forward quicker then expected as their staff works hard in hopes of a brighter future. Currently trading at $0.66, this company is up over 6.0% today, and 100% over the last 3 days. Investors have obviously become excited about the future of this company, now that they understand some of their potential. This is the highest Biogenerics has traded since the company fell from $0.23, back in July 2005. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
 
Posted by jason r on :
 
nice nice nice [Smile]
 
Posted by jason r on :
 
looks like this is a good time before it heads up
Dividend paid in the form of Tyche shares to BIGN shareholders that held through both the record date and payout date of June 2nd....1 Tyche share for every 30 BIGN shares you own...If you bought or sold BIGN between those dates...to my understanding..you are SOL for getting the divi

Its form the pr in january for bign [Smile] so get ready for the divy [Smile]
 
Posted by Stockguru06 on :
 
if i buy today this stock,do i still get the dividend?
 
Posted by GVMOORE on :
 
It's buy time. GLTA
 
Posted by jason r on :
 
Yes......GVMOORE..and *********.

NEWS

Biogenerics Limited Announces WW Oil & Gas Signs Letter of Intent to Acquire Significant Oil and Gas Assets
>TYLER, Texas, June 1, 2006 (PRIMEZONE) -- Biogenerics Limited (Pink Sheets:BIGN) announced today that its 50% owned subsidiary, WW Oil and Gas, has authorized management to issue a Letter of Intent (LOI) for the purchase of 1,000 acres of oil/gas lease land. The lease land will include 48 producing gas wells generating 1,200 mcf/day of gas averaging 25 bbls/oil per day in condensate quality.

The transaction includes a 35-mile pipeline with all right-of-ways which connects to a major trunk line for the sale of the operation's daily gas production. The pipeline is also used to collect, on a fee basis, gas from six other producing gas fields in the area.

James Lancaster, Biogenerics' CEO stated, "The monthly revenue stream is estimated to be over $270,000 per month from this property. Upon completion, the deal will provide the personnel to manage, drill and rework the other well sites on these properties which will in turn maximize the production revenue of future explorations projects."

Website: http:/www.bignltd.com

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy and Hydroslotter Corporation.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

CONTACT: Biogenerics Limited

Dale Boyd, Investor Relations

(905) 714-9422
 
Posted by rlcuban on :
 
Looks good!
 
Posted by J_U_ICE on :
 
This Co. gets more and more solid everytime I look at it [Big Grin]
 
Posted by JohnnyRotten on :
 
It is the first time in a while they have formally mentioned ww oil and gas. Plus the first time I can recall they were mentioned as a subsidiary.

I checked the New Mexico Oil and Gas website for the well they were working on and it is indeed listed. It said incomplete or some like term about a week ago.

If this lease with pipeline helps to accomodate that well and others this is a good thing.

Plus havinf 3 more million in revenue.

This thing is flat out taking off as a company.
 
Posted by mnvestor on :
 
this company is very strong with lots of potential, I would suggest eveyone do a little DD
 
Posted by JohnnyRotten on :
 
I don't have time to list all, but the revenues of this company grow everyday. It seems like they have more wells to rework than I can count.

The nature of the revenues are that they will produce over several years. This gives them the cash to grow.

They have their own exploration division so they can drill the New Mexico properties all they want. Costs for drilling go back to their own company.

They have several joint ventures so they are into a lot of stuff.

No reason this should be a .05 stock. The current revenue base is already close to market cap and revenues can grow tremendously over the next year.

One 200 barrel per day oil well can raise revenues 5 million per year. WW Oil is expected to drill 3 wells and BIGN has others.

Grimes field has more potential as well. If they get 20 wells up this year you are looking at steady revenue of over 1 million per month.

Gas is at a low and expected to rise. Oil may still rise.

Future is very bright.
 
Posted by JohnnyRotten on :
 
I thought BIGN only owned stakes in the WW Oil drilling projects, but it seems they own 50% of everything.

This from the NM Business Weekly

quote:
Its other subsidiary, WW Trucking Inc., is a leading oil and gas services company in the oil field industry in the Four Corners area. It was formed in 1999. It has grown from two water transport trucks that year to a fleet of 17 in 2005. Since 2002, the company has boosted revenue by about $500,000 per year and expects to exceed revenues of $3 million by the end of 2006.


http://albuquerque.bizjournals.com/albuquerque/stories/2006/05/15/daily31.html?s urround=lfn
 
Posted by JohnnyRotten on :
 
This gas pipeline is a big deal. It connects 6 gas fields to a main trunk line. If they buy wells to rework from these 6 fields they have the infrastructure in place to produce already.

If they can boost this through hydroslotting 600% it will be worth 18 million per year.

Buying the pipeline also suggests they will be the major player in the area.
 
Posted by JohnnyRotten on :
 
WW Oil will naw have revenues over 6 million. 3 milion trucking and 3 million oil and gas.
 
Posted by JohnnyRotten on :
 
bid just creeped up, anyone think this will run shortly?
 
Posted by mnvestor on :
 
Look for EOD run, holding steady in current range despite news this am....
 
Posted by J_U_ICE on :
 
Not a good day but this is a Co on the rise today was just a minor flesh wound. only down 6% above average volume divvy coming this will be just fine
 
Posted by rlcuban on :
 
When this thing pops its gonna leave a lot of pump and dumpers holding bags. Its a buy opportunity right now anyway things should pick up.

[ June 02, 2006, 00:15: Message edited by: rlcuban ]
 
Posted by GVMOORE on :
 
End of day buying. The dd speaks for itself.
The best oil/gas play I can find short term
and a moon shot long term. When the sector
to heat back up JUICE and Johnny hang on. Adding shares in AM. GLTA.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by GVMOORE:
End of day buying. The dd speaks for itself.
The best oil/gas play I can find short term
and a moon shot long term. When the sector
to heat back up JUICE and Johnny hang on. Adding shares in AM. GLTA.

Love the enthusiasm GVMOORE. I'm going to have to strap myself in when this baby takes off!!!!!I have such faith in this that I have a smile on the dips because it's a great chance to buy more. [Big Grin]
 
Posted by jason r on :
 
I have such faith as well , i keep buying on dips upto 600 k shares on this now
 
Posted by mnvestor on :
 
Talk of distribution deal PR next week, hold on tight, buy on dips
 
Posted by J_U_ICE on :
 
I'll keep buying and buying [Big Grin]
 
Posted by jason r on :
 
Im buying on dips , nite is on the ask controlling the stock
 
Posted by J_U_ICE on :
 
prepare for a pump and dump
 
Posted by Johnwayne on :
 
Well I'm in. Dump won't start til Monday will it Juice?
 
Posted by J_U_ICE on :
 
stoc_ster pick is WTVN
 
Posted by rlcuban on :
 
Looking good again!
 
Posted by skipdeez on :
 
I'm in as well...
 
Posted by rlcuban on :
 
Thanks for info pick J_U_ICE appreciate your intel on stocks! I'll dd on it!
 
Posted by skipdeez on :
 
pretty strong finish, volume picked up toward EOD with a lot of buys. looks good for monday!
 
Posted by multiweiner on :
 
anyone think this could be a scam?
 
Posted by multiweiner on :
 
anyone interested in the technology?
http://www.ogtf.com/inflow/tech.html
 
Posted by J_U_ICE on :
 
A poster on IHUB good chart analysis

http://www.investorshub.com/boards/read_msg.asp?message_id=11418151
 
Posted by J_U_ICE on :
 
Received my TYCHE divy shares this morning. Good to see BIGN following through on time!!! [Big Grin]
 
Posted by rlcuban on :
 
*********.com: ********* Alerts for Friday, June 2,

Dallas, Texas, Jun 02, 2006 (M2 PRESSWIRE via COMTEX) -- ********* Pre-Market Updates for Friday include Biogenerics Ltd (OTC: BIGN), Dale Jarrett Racing Adventure, Inc. (OTCBB: DJRT), Fellows Energy, Ltd. (OTCBB: FLWE), Veramark Technologies Inc (OTCBB: VERA) , SmarTire Systems Inc (OTCBB: SMTR), and Microfield Group Inc (OTCBB: MICG) .********* Price Alerts feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock. If you would like to feature your publicly traded company in our alerts or on *********.com, email feature**********.com or call (469)252-3031.
 
Posted by JohnnyRotten on :
 
The stock divvy was probably just a transfer of funds from BIGN to Tyche. Could be they need funding to to work on a project.

BIGN going down is expected because they had to pay for the divvy.

Should make their way back up now. The grimes wells coming on line this week or next. Plus other wells targeted.

As the deals close our revenue base should reach 15 million or more with payout for each deal at about three years and the possibility of tripling production.

Price of natural gas close to traditional bottom months, should start climbing now during the hot summer as electricity demand increases and then into the winter as they build inventory for winter heating.

Don't see much negative for this company. A slow steady climb unless they hit a big well in New Mexico. Each new revenue stream just gives them the money to expand more.

The proven reserves of all the deals close to 2.5 billion in value. Market cap just 10 million so exponential opportunity if they get it running as expected.

If reserves are actually 2.5 billion and 303 mil os then almost 10.00/sh book value.
 
Posted by JohnnyRotten on :
 
Real interesting,

http://opi.consrv.ca.gov/opi/opi.dll/WellFrame?UsrP_ID=100049205&PWT__ID=1000968 62&PWT__WellTypeCode=DG&StartRow=1&SortFields=WMtr_APINumber&NewSortFields=&Form Stack=Main%2CCounty%2CField%2CWellList&PriorState=Cnty_APICode%3D011%2CFld__Code %3D282&UsrP_RecentYearFirst=1


Notice the big jump in production as high as 72,000 mcf. Wonder what they did to get these results? If we can do that we are in business.
 
Posted by JohnnyRotten on :
 
This one had a big jump too.

http://opi.consrv.ca.gov/opi/opi.dll/WellFrame?UsrP_ID=100049205&PWT__ID=1000968 46&PWT__WellTypeCode=DG&StartRow=1&SortFields=WMtr_APINumber&NewSortFields=&Form Stack=Main%2CCounty%2CField%2CWellList&PriorState=Cnty_APICode%3D011%2CFld__Code %3D282&UsrP_RecentYearFirst=1
 
Posted by JohnnyRotten on :
 
Valuation of reserves, we have over 24 million barrels. This transaction says a lot.

quote:
DENVER, -- Venoco, Inc. (Bloomberg Ticker: **VEN) announced that it has acquired TexCal Energy (LP) LLC, an independent exploration and production company with properties in Texas and California for $456 million in cash.

TexCal's proved reserves were 31.4 million barrels of oil equivalent (MMBOE) at December 31, 2005 according to a report prepared by DeGolyer and MacNaughton, TexCal's third-party reservoir engineering firm. In addition to the proved reserves, Venoco has internally estimated an additional 22 MMBOE of probable and possible reserves related to the TexCal assets. Based on the 31.4 MMBOE of proved reserves, the transaction implies a cost of $14.50 per BOE. Including the 22 MMBOE of probable and possible reserves, the transaction implies a cost of $8.52 per barrel of oil equivalent (BOE). TexCal's current daily net production is approximately 5,200 BOE per day (BOE/d), implying a reserve to production ratio of 16.5 years

456 million for 31 million barrels. If we use the same dollars for our assets

24 million X 14.50 = 348 million

With a market cap of 10 million we are just a smidge under valued.
 
Posted by GVMOORE on :
 
Thanks for all the great info. Sell Sell
I'm buying and promise to sell them back
for 1.00 by year end. If it gets any better
I'm going to have to strap on a diaper. GLTA
 
Posted by J_U_ICE on :
 
A post from another board


The beauty behind BIGN is the technology used to hydroslot the wells. This is a BIG DEAL!!! 150,000 to slot a formerly producing well vs. 750,000 to drill a new one which might not hit. It is far quicker to hdroslot than drill. I expect to see the volume of wells in Grimes being completed to increase.

We have to remember that the first two wells were proving the technology. I can fully imagine a deal with schlumberger to get full use of the rework rigs. Schlumberger is huge and does this with companies all the time. It saves them a lot of down time and money not to have to move the rig around.

I also see BIGN as a company that is fiscally responsible, and does not waste our money. This increases our margin. It appears that management has a ton of shares, and wants to increase their wealth through the share price.

It is so rare to get in on the very ground floor of an opportunity like this. It is a no-lose proposition. This company will grow fast.
 
Posted by millionaire_trader1 on :
 
Im totally in this stock. Im adding another 200 k today as well. This stock has soo much potential. I became amillionaire through usxp and I believe this will do the same for me , so I will keep loading as long the prices stay this low , it should bounce of its 10 dma anytime soon , very bullish sign. Who else is holding this stock ?
 
Posted by mnvestor on :
 
We've barely scratched the surface with this company, IMO, this is one of the most undervalued, most promising stocks available.
 
Posted by millionaire_trader1 on :
 
Yeah I agree mnvestor , this company has soo much potential and so much going for it , once we get the acquisitions we can see an ndol move pulled and more [Razz]
 
Posted by millionaire_trader1 on :
 
Anyone else in this today ?
 
Posted by J_U_ICE on :
 
been in since I posted this thread at .026 and have kept adding
 
Posted by millionaire_trader1 on :
 
awesome good job. Where do you think its heading this week based on the technicals on the chart?
 
Posted by J_U_ICE on :
 
I think wee could see .06 again this week
 
Posted by millionaire_trader1 on :
 
It would be nice if we can see higher : P
 
Posted by mnvestor on :
 
Biogenerics Limited Reports on Progress in Grimes, California Project
>TYLER, Texas, June 5, 2006 (PRIMEZONE) -- Biogenerics Limited (Pink Sheets:BIGN) announced information regarding recent developments in the Grimes, California Project. The Company is pleased to report that wells known as Andreotti 1 and Ophelia 1 continue to produce as reported in recent news. Andreotti at 250,000 cubic feet of gas daily. Management also confirms that it has coordinated agreements with subcontractors continuing work on wells 3 and then 4 on the same location site.

Officials report that inclement weather conditions resulting in excessive water flooding have posed some problems consequently delaying the work over of these wells. Ophelia 1 experienced a mechanical glitch that resulted in intermitting flow rates but will be corrected this week. Once corrected Ophelia 1 will return to its flow rate of 1450 mcf. Ophelia will produce this flow rate on an average of 20-25 days per month allowing for maintenance of the continued water build up.

The water build up in the wells, if left unattended, inhibit some gas flow. Though timely, it is well worth continued efforts to maintain the wells considering their profitibilty.

The company continues negotiations with Oil & Gas Companies in hopes to acquire the equipment that will expedite our endeavors. Information regarding the dealings will be released as soon as they become available.

A Biogenerics senior consultant overseeing the developments noted the demand and availability for work over equipment in this heightening market has created some delays. However he is confident that we will accomplish the task at hand. The preliminary tests give indication that the two wells being worked on are expected to potentially produce the flow rates that are being averaged daily by Ophelia 1.

Website: http://www.bignltd.com

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy and Hydroslotter Corporation.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

CONTACT: Biogenerics Limited

Investor Relations

Dale Boyd

(905) 714-9422
 
Posted by rlcuban on :
 
Timely news. Very good.
 
Posted by J_U_ICE on :
 
Buys coming could be a nice close
 
Posted by JohnnyRotten on :
 
I like the ceo, he told us the good and the obstacles they have to overcome. Seems like a good guy.

Highlights from the pr.

1. Wells are profitable and worth keeping.

2. We want our own equipment, tells us we have a lot of work ahead of us.

3.We have our own crew in Tx. A crew in NM. And we need our own in California. Maybe a lot of work there still.

4. We have the money to buy equippment.
 
Posted by GVMOORE on :
 
Shaping up as the next NDOL. Lot of green to
to change hands. GLTA
 
Posted by rlcuban on :
 
Come and listen to a story about a man named Jed
A poor mountaineer, barely kept his family fed,
Then one day he was shootin at some food,
And up through the ground came a bubblin' crude.

Oil that is, black gold, Texas tea.

Well the first thing you know ol' Jed's a millionaire......

The BIGN official song. Yeah I know here it is... http://www.bussongs.com/songs/beverly_hillbillies_tv_show_theme.php
 
Posted by rlcuban on :
 
Ok ok I broke this things cherry now you can post ok?
 
Posted by skipdeez on :
 
looks like a lot of accumulation again today. not a lot of sells at all. although I would like a green day, accumulation is still good!
 
Posted by rlcuban on :
 
bid is .036 ask is .04
 
Posted by JohnnyRotten on :
 
I wonder what type of equipment they are trying to buy?
 
Posted by GVMOORE on :
 
Lots of accumulation. Smart money holding.
Bubblin crude has no where to go but up. Aint
that write Granny. GLTA
 
Posted by JohnnyRotten on :
 
Been holding firm in a down market.

Lots of news still ready to come out. All we need is equipment to get started doing the wells full time. Then we are off to the races.
 
Posted by J_U_ICE on :
 
Haven't sold any either I just buy on the dips. There are very few holds in the pennies but this is one of them. IMO
 
Posted by J_U_ICE on :
 
Tyche Energy

Development Projects

Substantially all of Tyche Energy's exploration, development and production activities are conducted jointly with JV oil and gas operators. The following summary provides information regarding the areas in which Tyche Energy operates pursuant to such agreements;

Sombra 7-6-VI Agreement: Tyche Energy holds a 38.48% working interest in 100 acres located in the West Becher prospect area of Sombra Township, Lambton County. The project is operated by Kinderhook Resources, Inc.

West Becher Agreement: Tyche Energy holds a 48.97% working interest in 1,117 acres of certain undeveloped lands in the West Becher prospect area in Sombra Township, Lambton County. The project is operated by Tyche Energy, Inc.

Romney Lake Erie Agreement: Tyche Energy holds a 0.195% gross overriding royalty interest in 1,550 acres located on Lake Erie in Romney Township, Kent County. The project is operated by Talisman Energy, Inc.

Mosa Joint Operating Agreement: Tyche Energy holds a 66.67% working interest in 2,230 acres of certain undeveloped lands located in Mosa Township, Middlesex County. The project is operated by Tyche Energy, Inc. The remaining working interest in the Mosa lands is held by Torque Energy Inc. (TSX).

Dunwich Joint Operating Agreement: Tyche Energy holds a 66.67% working interest in 5,960 acres of certain undeveloped lands located in Dunwich Township, Elgin County. The project is operated by Tyche Energy, Inc. The remaining working interest in the Mosa lands is held by Torque Energy (TSX).

Charring Cross Agreement: Tyche Energy holds a 100% working interest BPO and a 75% working interest APO in 178 acres on certain lands located in Harwich Township, Kent County. The project is operated by Tyche Energy, Inc. The remaining working interest in the Harwich lands is held by Wellhead Workers Inc.

Kent Lake Erie Agreement: Tyche Energy holds a 50.00% working interest in 5,900 acres of certain exploration licenses and leases located in the Romney Lake Erie and Clearville Lake Erie prospect areas in Romney and Orford Township, Kent County. The project is operated by Veteran Resources Inc.

Caribou Sikanni Agreement: Tyche Energy holds a 10.00% working interest in 2,560 acres of certain exploration licenses located in the Caribou Sikanni area of northeastern BC. The project is operated by Veteran Resources, Inc.

Management Team

Mr. Rowe, Chairman and Chief Executive Officer, is an experienced oil and gas executive with over 25 years of industry experience. He was a founder and President of E. P. Rowe Oil Limited, a private Ontario-based oil and gas company credited with discovering the Dover 7-5-V East Pool in 1983. From 1983 to 1986, Mr. Rowe served as Vice President of Exploration for Paladin Petroleum Corporation, a public Ontario oil and gas company. In 1986, E. P. Rowe Oil Limited merged with Paladin Petroleum Corporation to form PPC Oil & Gas Corp. (``PPC'') and was listed on the TSE. Mr. Rowe served as President and CEO of PPC from 1987 to 1990. In 1991, PPC merged with Paragon Petroleum Corporation. Mr. Rowe served as Vice President of Eastern Operations for Paragon from 1991 to November 1994. Mr. Rowe is a former President of the Ontario Petroleum Institute (the ``Institute'') and is currently a Director and Chairman of the Forward Planning Committee of the Institute.

Jean Claude Bonhomme, Executive Vice President. Mr. Bonhomme is an experienced oil and gas executive having over 25 years' experience in the Ontario oil and gas industry. He was the founder and President of Tipperary Resources Ltd. an independent oil and gas producer and predecessor of Paladin Petroleum Corporation. Paladin Petroleum Corporation, which was formed in 1983, amalgamated with several public and private oil and gas companies to form PPC Oil & Gas Corporation. Mr. Bonhomme served as President of PPC until 1987. Mr. Bonhomme has been involved in numerous public companies since 1987 including Explorers Alliance Inc. and is currently President, Bonclau Holdings Inc.

Mr. Ian Colquhoun, PhD. Vice President of Exploration is an exploration Geologist with over 10 years of expertise in the Ontario oil and gas industry. Mr. Colquhoun received his BSc. and MSc. in geology from Brock University where he published theses on the Trenton Group carbonates of southwestern Ontario. Mr. Colquhoun is also the author of several confidential reports on the Alberta oil sands pursuant to agreements between AOSTRA, the University of Western Ontario, Imperial Resources Ltd. and Amoco Petroleum Ltd. He began his career in Ontario with Pembina Resources in 1995 and has been employed as a consultant by several large and intermediate exploration companies in Ontario, including Resource Professionals Inc., Icon Petroleum Inc., Daybreak Energy Corporation, Cobra Oil & Gas Corp., and Rowe Energy Corporation. Most recently Mr. Colquhoun served as Exploration Manager -- Ontario for Veteran Resources Inc. (Calgary Alberta). Mr. Colquhoun is a member of the Association of Professional Geoscientists of Ontario (``APGO''), the American Association of Petroleum Geologists, and the Ontario Petroleum Institute.

Management Objectives Going Forward

Tyche Energy has built a solid operating base with its producing properties in Kent and Lambton County. Cash flow from production when combined with other financing activities is expected to provide the capital to maximize Tyche Energy's un-developed land potential and to explore other high-return opportunities in Elgin, Middlesex, Lambton, Kent and Essex Counties.

Tyche Energy plans to participate in the drilling of up to 10 exploration and development wells in 2005 - 2006. Exploration targets will include both Silurian and Ordovician age reservoirs having the potential to add both oil and natural gas production and reserves. Tyche Energy also plans to expand its current lease inventory on exploration prospects within its core areas utilizing management's technical expertise and its significant inventory of geological and geophysical data. In addition, management plans to acquire additional seismic and geophysical exploration programs to support further exploration and development drilling targets.

Tyche Energy's management team has reviewed several acquisition opportunities and will continue to pursue both property and corporate acquisition opportunities to add reserves and shareholder value over the coming months.
 
Posted by J_U_ICE on :
 
IHUB post


What a positive day for BIGN. A close tomorrow at or above $0.041 would settle all of my worries. Also a volume of at least one share above today would be great. Did you notice the nice bottom in volume to go with the shareprice bottom. Very solid support here. Looks to me like someone physically tried to set a lower low just to throw off the chart. As soon as those $0.035 sells hit they were gobbled up. Only a brief 10 minute stay in that area. Poor attempt to scare people off. I bet they are wishing they saved that powder for the end of the day. LOL.

IMO we will float around $0.04 until the next PR about Grimes or New Mexico. I beleive those will come before the closing of an LOI in that that kind of business takes much more time. I'm still kicking myself for not buying more when I first got in ($0.017 and then at $0.031). I've only got a little powder left and I'm saving it for a rainy day. I heard some folks talk about low 3's and maybe even the 2's so I wanted to be armed for that. I highly doubt we will ever see 2's again now. Who knows we might not even see many 3's going through from here on out.

Every single person I have told so far about this one has done their DD and ended up grabbing a starter position. Not sure if all are still accumulating but that alone speaks volumes for the quality of this company and its current position. In an UP market we would be closer to $0.10 right now, IMO. It's just crazy if you compare the charts for the NASDAQ since late April with BIGN. If not for that we would be settling at the $0.06 level right now.
 
Posted by J_U_ICE on :
 
bellwetherreport.com: The Bellwether Report Issues an Update on Biogenerics, Limited

M2 Communications via COMTEX


Jun 7, 2006 12:24:50 PM

Jun 07, 2006 (M2 PRESSWIRE via COMTEX News Network) --

Biogenerics, Limited (OTCPK:BIGN), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscriber's cutting edge research tools, and second to none customer service.

Biogenerics, Limited a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves, last week announced that its 50% owned subsidiary, WW Oil and Gas, has authorized management to issue a Letter of Intent (LOI) for the purchase of 1,000 acres of oil/gas lease land.

The lease land will include 48 producing gas wells generating 1,200 mcf/day of gas averaging 25 bbls/oil per day in condensate quality.

The transaction includes a 35-mile pipeline with all right-of-ways which connects to a major trunk line for the sale of the operation's daily gas production. The pipeline is also used to collect, on a fee basis, gas from six other producing gas fields in the area.

James Lancaster, Biogenerics' CEO stated, "The monthly revenue stream is estimated to be over $270,000 per month from this property. Upon completion, the deal will provide the personnel to manage, drill and rework the other well sites on these properties which will in turn maximize the production revenue of future explorations projects."

Then a couple of days ago, the Company was pleased to report that wells known as Andreotti 1 and Ophelia 1 continue to produce as reported in recent news. Andreotti at 250,000 cubic feet of gas daily. Management also confirms that it has coordinated agreements with subcontractors continuing work on wells 3 and then 4 on the same location site.

Officials report that inclement weather conditions resulting in excessive water flooding have posed some problems consequently delaying the work over of these wells. Ophelia 1 experienced a mechanical glitch that resulted in intermitting flow rates but will be corrected this week. Once corrected Ophelia 1 will return to its flow rate of 1450 mcf. Ophelia will produce this flow rate on an average of 20-25 days per month allowing for maintenance of the continued water build up.

The water build up in the wells, if left unattended, inhibit some gas flow. Though timely, it is well worth continued efforts to maintain the wells considering their profitibilty.

The company continues negotiations with Oil & Gas Companies in hopes to acquire the equipment that will expedite our endeavors. Information regarding the dealings will be released as soon as they become available.

Biogenerics continues to trade on extremely high volume, as investor's sentiment seems to have changed. Biogenerics looks like a great opportunity currently trading at $0.039, as their staff works hard in hopes of a brighter future. This company is recently suffered some profit taking causing shares to drop significantly to as low as $0.035. I feel that we should see a turn around in the near future.
 
Posted by GVMOORE on :
 
Holding all my shares.Would have been a nice flip at 7 and back in at .035 but don't want
to be left in the smoke when do blast off. May
be fall before the sector really heats up. Should see some nice gains before then. Looking at DKGR they plan to buy an oil service co. GLTA
 
Posted by millionairerader on :
 
Im pretty excited. Hoping for some more green today )
 
Posted by millionairerader on :
 
gapping already
 
Posted by millionairerader on :
 
nice going , green today
 
Posted by RWGATORBLUE on :
 
Got in a few days ago. Volume is really picking up now.
 
Posted by J_U_ICE on :
 
BIGN - BIOGENERICS LTD (OTC)
Date Open High Low Last Change Volume % Change
06/08/06 0.0410 0.0420 0.0380 0.0400 unch 2809600 unch%


Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Sell
10 - 8 Day Moving Average Hilo Channel Sell
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: - Hold
20-Day Average Volume - 10192560

Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 75% - Buy
50-Day Average Volume - 6206868

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 4247081

Overall Average: 56% - Buy

Price Support Pivot Point Resistance

0.0400 0.0360 0.0400 0.0440
 
Posted by J_U_ICE on :
 
IHUB POST


told you guys it was justiss oil company they are buying. Very obvious. It all fits perfectly, employees, wells, location etc. Don't expect all these LOI's to happen. If one of the three happen I'd be happy. The oil company buy is the one I want to see because of the rigs. After this company completes this aqusiition, we are a drilling operator / interest operator. We should command a 300 million market cap just on that profile alone. That's $1 per share. Then add the revenue, growth and future aquisitions. $10 is not a dream here.




http://www.justissoil.com/MyWebs5/company_history.htm
If this is it, no one has mentioned La and Al?


About Justiss Oil Company

Introduction

Justiss Oil Company, Inc. is a privately owned, family operated drilling, exploration, production and well servicing company. Founded in 1946 by pioneer oilman J.F. "Jick" Justiss, and propelled by his son, James Justiss, Jr., the company grew from a small locally oriented drilling company to one of the top five independently owned drilling contractors in the United States .

Also under the Justiss umbrella are two manufacturing divisions doing business in the international market, Baker Tank Company and Altech located in Arp , Texas . Baker Tank Company specializes in the design, fabrication and field erection of petroleum storage tanks and oil field production equipment. Altech, an aluminum technology division, designs, manufactures and installs aluminum geodesic domes and seals for floating roofs used not only in the petroleum industry, but also as covers for water storage and waste treatment facilities.

Alliance Drilling Consultants provide experienced planning and onsite personnel for all phases of the drilling and completion of oil and gas wells.

J.F. "Jick" Justiss

Founder of Justiss Oil Company

Philosophy

Justiss Oil Company's growth through the years is indicative of the strength, stability, and integrity on which customers have been able to depend for more than 50 years. Justiss management believes that securing top quality personnel and equipment is essential in excelling as an industry leader. Today's Justiss reflects the attributes of determination and enthusiasm set down in the beginning by Jick Justiss and those whose dedication helped contribute to the Justiss success story. Company management continues to embrace those same attributes and Justiss' long established policy of providing customers with quality service at a competative price. Also, the safety of Justiss Employees and contract personnel visiting Justiss work locations is of utmost importance to the company. Our safety record is reflective of the company's placement of safety as top priority.

Operations

Justiss Oil Company, Inc. operates three drilling rigs and twenty-two workover rigs in the Southeastern U.S. In addition to Justiss' fleet of workover and well servicing rigs, the company provides ancillary equipment such as vacuum trucks, tanks and roustabout services. Justiss' main workover tools yard is located in Jena , Louisiana with a secondary field office / yard located in Northport , Alabama [b]. The company also offers Warehouse Services to customers, where expert personnel provide full fabrication and maintenance of oilfield equipment at JOC shop facilities in Jena , Louisiana . Justiss Oil Company owns interest in 110 producing wells in the Southeastern U.S.
 
Posted by rlcuban on :
 
Seems this company has no problem with companies jumping into bed with them. Makes sense if I had a well that would someday run dry I'd want to be in business with someone who would be able to extend its life by more than a decade.
 
Posted by J_U_ICE on :
 
Would be nice if Justiss Oil (JSTS) were the Co they are buying trading at 150.00 PPs
 
Posted by rlcuban on :
 
Looked over your stuff J_U_ICE if it does pan out hold on to your shares this thing should pop!
 
Posted by J_U_ICE on :
 
I'm not going anywhere I only flip stocks I don't have faith in
 
Posted by J_U_ICE on :
 
Remember the LOI aren't done deals yet once they are and reporting progress this is going to takeoff. IMO
 
Posted by rlcuban on :
 
I'm not cringing anymore looking at the scorecard here. On the bright side maybe we got rid of some of the swing vote.
 
Posted by J_U_ICE on :
 
IHUB post

financing for the LOI's will be via private placements of Tyche at set prices, along with preferred shares, and/or convertible debentures of Tyche. The merger will happen. The question is when BIGN reverse merges with Tyche how much room is left to dilute the O/S ? They may be doing this because BIGN has ONLY 80M shares available before they hit the A/S limit and they know shareholders will rebel with a reverse split shareholder approval. 80M shares at .03 is what a measely 2.4M bucks not close to what they need for all these deals to close. So they reverse merge with Tyche effectively a reverse split of BIGN. This event should be moot providing Tyche does not have 200-300 million shares left in the A/S to issue after all the new shares are paid to current BIGN holders and debt holders. Very obvious how these LOI's are going to be funded and I just hope they have some concern for current BIGN shareholders when this deal finally closes. They need to keep the Tyche share structure sane. In other words, like no more than 200M shares authorized and after the payouts to BIGN holders and debt holders we have 100M left to dilute. These deals coming up may be great for the share price but they could also be very bad. We shall soon see in 12 days
 
Posted by J_U_ICE on :
 
Tyche Energy added to the OTC list today effective on Monday.

http://www.investorshub.com/boards/read_msg.asp?message_id=11624060
 
Posted by J_U_ICE on :
 
IHUB Post

I think its great news. It has been the plan from all along to list tyche shares. But they needed more shareholders to get the listing. Thus the Tyche divvy was born. By issuing all the bign shareholders stock they have a isnt shareholder base and thus a listing can be made. Now that being said, that means bign should have enough shareholders to move to the OTC BB also. Double win maybe. But here comes the fun part. Now that tyche appears to be going to the otc and bign owns 35 percent of tyche it stands to reason bign becomes more valuable. Lets say tyche starts with a market cap of 20 million dollars. Bign just went up 7 million in market cap or .02 cents per share. If tyche commands a 50 million market cap then bign value is up 16.5 million and thus .055 cents a share. Now lets say bign announces the loi's are all done. Bign goes crazy. Here's one more thing none of my shares of tyche say restricted. Hmmmmm. It only takes 2 market makers to make a market so we just need 2 of them to start trading. It would be silly for bign to issue shares in tyche then reverse into them but anything is possible. But the 2 seperate are worth more together. Example raising capital or buyouts makes since to have more companies to do this with. Also check out GHSF what happen to them. They own vrdm and insq. Also it would be cool for BIGN to bring the 3d sysmic company public also. Issue share of it to the bign shareholder and go public. HMMMMMMMMM your never know
 
Posted by GVMOORE on :
 
Thanks for all these good post. The ride of a life time is one day closer. Lancaster is
the man to make it happen. Oil is back. Happy
Fathers Day.
 
Posted by rlcuban on :
 
In a way the fact that bign hasn't posted any news means they have a sense of timing. Poorly timed good news is a waste (considering the market). Lets hope that any news along with the now tight market gives us a springboard.

Never underestimate my greed!
 
Posted by rlcuban on :
 
I know the page is tired. But woohoo we doing good its got a good trend starting!
 
Posted by J_U_ICE on :
 
I agree rlcuban we're sitting in a good place with Tyche symbol out on the OTCBB today and news should be on the way we are starting to uptrend. IMO
 
Posted by rlcuban on :
 
Glad to hear from you great leader! Trying to hold the troops in line here.
 
Posted by rlcuban on :
 
FYI Alert: San Diego, California, May 19, 2006 (M2 PRESSWIRE via COMTEX News Network) --

BabyBulls.com Alerts for Friday include Biogenerics Limited (OTC:BIGN), Silver Star Energy, Inc. (OTCBB:SVSE), American Energy Production, Inc. (OTCBB:AMEP), Quest Oil Corporation (OTCBB:QOIL) and Fidelis Energy Inc., (OTCBB:FDEI).

--- Biogenerics, Inc. (OTC:BIGN) shares closed at $.029 on Thursday on volume of 3.465 million shares.

Grimes, California Property Proving to be a BIG'N! - Biogenerics Limited has had a series of significant news releases of late reporting on the tremendous re-completion results for their Grimes, California natural gas field. Yesterday, the Company's newly appointed CEO James Lancaster reported that the Company has made great progress with their Grimes/Hydroslotting campaign and management has been informed that the next two wells slated to be worked on should yield close to the same flow rates as Ophelia #1 (news released May 8, 2006), which the Company stabilized at a flow rate of 1,450 mcfd (mcf = thousand cubic feet per day). Mr. Lancaster further stated that these two wells should be completed in the next 2 to 3 weeks. If flow results mirror these predictions, the first four wells slotted and put on line at the Grimes property would generate approx. 5,000 mcfd of natural gas (including Andreotti #1 at about 425 mcfd). With natural gas currently at around $7.00 per mcf, the total retail production from just these four wells equates to nearly $13 million per year.

Biogenerics maintains a 40% working interest in the Grimes property, which would put their share of these first four wells at about $5 million annually. In yesterday's press release, Biogenerics is figuring these wells will produce for between 10 to 15 years. Biogenerics reported that they have already targeted several additional potentially lucrative wells in the Grimes region to be slotted in the near future.

In addition to Grimes, the Company has several additional properties and JV projects in work in both New Mexico and Canada. Another important aspect that bodes well for BIGN's future is the excellent economics of hydroslotting. When you consider that many traditional re-completion methods can run anywhere from $1 to $2 million per well, the $200,000 to $250,000 cost of hydroslotting a well puts the payback on wells the size of Ophelia #1 at around 30 days.

With the recent dramatic escalation of gasoline prices at the pump, many are predicting this situation to eventually spill over to the rest of the energy markets, which could mean even bigger revenues for this junior oil and natural gas production group looking to leverage their JV partner's hydroslotter technology to other wellhead locations they currently control, as well as new joint venture programs the company is looking to enter.

We look forward to more news in the future from Biogenerics as they continue to roll out their business strategy in an energy centric marketplace.

A full profile for Silver Dragon Resources, Inc. is available at: www.babybullpen.com/first_time_BIGN.html

About Biogenerics Limited Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy, Hydroslotter Corporation and WW Energy Inc.

About Hydroslotter Corporation Hydroslotter Corporation's proprietary technology deemed 'hydroslotting' increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%.
 
Posted by GVMOORE on :
 
Another day closer to the ride of a life
time. Sector warming up. After burners
kick in on the next PR. Ricuban and Juice at
the controls. Awake me on arrival. Texas
Tea for all and all a good night.
 
Posted by rlcuban on :
 
Geez its 2:49 am what could I possibly post....maybe the stupid song nah. Ok I know.... GLTA ya guys in the morning!
 
Posted by J_U_ICE on :
 
This is a great buying opp. IMO Check the DD

WEBSITE:
http://www.bignltd.com/

CORPORATE SNAPSHOT:

Biogenerics Limited is a diversified investment venture capital firm and our shares are quoted on (NQB:BIGN); our principal business is focused on exploiting and distributing domestic oil and gas reserves. The domestic fuel market is presently estimated to exceed $10 billion.

Sparked by the Company’s recent strategic milestones with Tyche Energy and its Charing Cross gas reserves with Hydro Slotter Corp. and its enhanced oil recovery techniques, along with a number of other opportunities that possess the potential to generate immediate revenue in this arena, our goal is to maximize investment value in the short term and enhance shareholders’ equity in the long-term.

“Increasing the production of existing oil and gas wells represents an enormous opportunity,” stated Gary Kelley, President and CEO of Biogenerics. “By applying HSC’s technology to suitable existing wells, Biogenerics will improve its bottom line, while eliminating the risks of exploration and the costs of installing new well infrastructures. Hydrojet Slotting is a quantum leap forward in the protection of homeland energy security and safety in the 21st century.”

Additionally, increasing market awareness of significant activity in oil and gas coupled with government’s clear commitment to utilize domestic as the only viable alternative energy source, clearly position Biogenerics as an undervalued investment opportunity among a peer group with growing P/E ratios.

The fundamental element underlying all of our pursuits is a forward-looking idea that has a passion to drive business forward. In line with the Company’s sole focus in domestic fuel, the Board of Directors will hold a Special Meeting to consider: changing the name of the company to clearly reflect its positioning in the oil and gas industry. The results of this meeting, of course, will require shareholder approval.

Authorized Shares: 400MM
Outstanding Shares: 303,500,000 (as of 05/09/06)
Float: ~130MM

Head Office:
1520 Rice Road, Suite 200,
Tyler, Texas
75703

Investor Relations:


Registrar and Transfer Agent:
Capital Transfer Agency
http://www.capitaltransferagency.com/
390 Bay Street
Suite 2020
Toronto, ON
M5H 2Y2
Tel: 416-350-5007
Fax: 416-350-5008

Grimes Site Photos Courtesy of Futrcash:


More pictures here:
http://www.msnusers.com/BIGNpics

Monthly Production Reports (listed under Pacific Petro Tech):
ftp://ftp.consrv.ca.gov/pub/oil/monthly_production_reports
source: http://www.consrv.ca.gov/DOG/index.htm


PRESS RELEASES:
http://www.bignltd.com/pressreleases.html
 
Posted by J_U_ICE on :
 
Thought I'd share it with you, and make the first post of the day about BIGN biz. From tyeg ibox:

- Much of the companies success so far has been in the acquisition and use of the hydroslotting techology. How does one evaluate the company, management, and technology? Here is an excellent read, and something to keep in mind as progress is made by Tyche Energy primary operator with hydroslotting operations.


Interview with Ali Daneshy, Ph. D., SPE Director, 2005-2008

Prior interviews have provided the perspectives of a larger technology provider and individual innovators. Closing the loop on interviews about technology commercialization and uptake, PTTC sought input from Ali Daneshy, Daneshy Consultants, Intl. In addition to his technical expertise in several areas,Daneshy is well known for his insights on "technology uptake." He has authored columns in Hart's E&P, plus led the recent SPE Advanced Technology Workshop on "Accelerating Technology Acceptance."
His insights to questions posed by PTTC follow.

Q: It is self-explanatory that both producers AND technology providers MUST BE INVOLVED for uptake of newer technologies
in a timely fashion. Prior interviews have focused on the technology developer's perspective. From your experience working both sides of the equation, what do you think the producer needs to bring to the table for timely uptake to occur?

A: Acceptance and successful use of new technology is not a trivial task. It requires technical, operational and leadership skills, as well as a progressive attitude. More specifically, these include;

1. Strong technical backbone related to the new technology. The more complex or revolutionary the technology, the stronger the required backbone and the difficulty to integrate the new with the old.

2. Willingness and ability to take risk.The willingness is mostly a personal trait. Ability is related to access to financial resources, as well as the culture and business
drivers of the organization. Organizations need to adopt business
measures that reduce the immediate risk of being an early technology adopter.

3. A healthy mix of long and short term business objectives. The value of many technologies comes from their long term use.

4. Time. Maturity of use and operational reliability of the new technology improves with time. So does the ability to know how and where to apply it. Just as reading golf instruction manuals does not make a person a golfer, reading about new technology does not make an expert. One needs to go through the learning process, which involves actual hands-on experience.

5. Visibility and measurement. There is no disagreement about the long term value of technology. If so, it needs to be included as one of the direct measures by which successful business practices are identified.

6. Involvement. All new technologies mature with use. During this phase an involved and interested user can play a pivotal role in the speed and direction of technology maturity.
..................................................................
I think Bign and Tyche, fill the bill quite nicely. Let's see what this day brings us. GLTA -
 
Posted by rlcuban on :
 
MM's acting funny they actually pushed it up on 100 shares. Hmmmm.....I guess someone just painted it lol.
 
Posted by J_U_ICE on :
 
bellwetherreport.com: The Bellwether Report makes an update on Avalon Oil & Gas, Inc
via COMTEX

June 22, 2006

Jun 22, 2006 (M2 PRESSWIRE via COMTEX News Network) --

Biogenerics, Limited (OTCPK:BIGN), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscriber's cutting edge research tools, and second to none customer service.

Biogenerics, Limited a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves, a couple of weeks ago announced that its 50% owned subsidiary, WW Oil and Gas, has authorized management to issue a Letter of Intent (LOI) for the purchase of 1,000 acres of oil/gas lease land.

The lease land will include 48 producing gas wells generating 1,200 mcf/day of gas averaging 25 bbls/oil per day in condensate quality.

The transaction includes a 35-mile pipeline with all right-of-ways which connects to a major trunk line for the sale of the operation's daily gas production. The pipeline is also used to collect, on a fee basis, gas from six other producing gas fields in the area.

James Lancaster, Biogenerics' CEO stated, "The monthly revenue stream is estimated to be over $270,000 per month from this property. Upon completion, the deal will provide the personnel to manage, drill and rework the other well sites on these properties which will in turn maximize the production revenue of future explorations projects."

Then a couple of days ago, the Company was pleased to report that wells known as Andreotti 1 and Ophelia 1 continue to produce as reported in recent news. Andreotti at 250,000 cubic feet of gas daily. Management also confirms that it has coordinated agreements with subcontractors continuing work on wells 3 and then 4 on the same location site.

Officials report that inclement weather conditions resulting in excessive water flooding have posed some problems consequently delaying the work over of these wells. Ophelia 1 experienced a mechanical glitch that resulted in intermitting flow rates but will be corrected this week. Once corrected Ophelia 1 will return to its flow rate of 1450 mcf. Ophelia will produce this flow rate on an average of 20-25 days per month allowing for maintenance of the continued water build up.

The water build up in the wells, if left unattended, inhibit some gas flow. Though timely, it is well worth continued efforts to maintain the wells considering their profitibilty.

The company continues negotiations with Oil & Gas Companies in hopes to acquire the equipment that will expedite our endeavors. Information regarding the dealings will be released as soon as they become available.

Biogenerics begins to turn itself around, as the lack of updates in the last couple of weeks has caused this company to loose significant value. Currently trading $0.029, this company is trading down 3%, making it look like we could see some news in the near future. This company's volume has dropped significantly over the last week as it traded as low as $0.027, as investors sell off shares in hopes of better opportunities out there. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.

To review research on small cap companies like Biogenerics, Limited, as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!! The Bellwether Report will continue to research all of the markets to bring you exciting opportunities!! If you are interested in receiving more information on these small or large cap opportunities as well as other features of our site, feel free to sign up for a complimentary subscription to the #1 online investment tool www.bellwetherreport.com.

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This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Bellwether is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter.

Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Bellwether may receive compensation in cash or shares from independent third parties or from the companies mentioned.

Bellwether's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value.

Bellwether will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.

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Print story

Current Quote

OTO: BIGN
Last: 0.029
Change: -0.001
Volume: 2,527,475
Day High: 0.032
Day Low: 0.026
 
Posted by J_U_ICE on :
 
off to a good start up 10%
 
Posted by J_U_ICE on :
 
getting some volume up 14%
 
Posted by J_U_ICE on :
 
032 [+]x .034
 
Posted by J_U_ICE on :
 
033 [+]x 0.035 up 18%
 
Posted by J_U_ICE on :
 
up 21%
 
Posted by rlcuban on :
 
Reaching for my pina colada again.
 
Posted by J_U_ICE on :
 
This was a nice surprise maybe a sign that news is on the way. I'm going to fix myself a Captain and Coke and sit back
 
Posted by GVMOORE on :
 
Pina colada time. It just get better. Have
a good week end.
 
Posted by J_U_ICE on :
 
great way to end the week closed up 38%
 
Posted by rlcuban on :
 
Amazing it popped on very few shares traded. Looks good bign nice and tight.
 
Posted by J_U_ICE on :
 
American Bulls

BIGN
BIOGENERICS LTD
Daily Commentary
BUY
CONFIRMED

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 05.31.2006 (23) days ago, when the stock price was 0.0600. Since then BIGN has fallen -33.33% .

BUY-IF is confirmed by a white candlestick with a lower open and a higher close. The buying price is the previous close ( 0.0290 ) according to the Rules of Confirmation.

Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a BUY-IF confirmation but today it is. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion. The market is now ready for a bullish move.

We hope that you acted quickly and already bought this stock . Your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bullish tendency despite the lower opening, and go long after making sure that the prices stay over the previous close.

If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.

Data provided by: End of Day Data



0.0400
+0.0110 +37.93%

Candlestick Analysis
Today’s Candlestick Patterns:
White Closing Marubozu




Today a White Closing Marubozu was formed. This shows that the day opened and then prices went lower slightly, however it was followed by a rally that drove the prices over the opening price and the rally continued all day ending with a closing price equal to the high of the day.
 
Posted by J_U_ICE on :
 
Fyi

2 messages from Marks234 at http://www.**************.com/forums/showthread.php?t=36742&page=110&highlight=b ign:

1. Just got off the phone with Dale Boyd, he said news/press release should be out next week


2. He (Boyd) was very Reluctant,they can only give out specific info in press releases, But... it's all about the Grimes field, that was the best info I could get. I wanted to know why it was up, so I called. Dale Boyd is the investor relations guy. This info is as today,not yesterdays news. hope it helps.
 
Posted by The Phat Man on :
 
juiceman, what's the domain name that allstocks put a bunch of stars in so we couldn't read it or click to the link?
 
Posted by The Phat Man on :
 
fact it closed at HOD is a good sign for quick dip and then up some more or our most welcome friend, The Green Gapper :-)
 
Posted by J_U_ICE on :
 
quote:
Originally posted by The Phat Man:
juiceman, what's the domain name that allstocks put a bunch of stars in so we couldn't read it or click to the link?

Hot_Stock_ market . com
 
Posted by J_U_ICE on :
 
IHUB

bign up 37% on low volume, production rumours from field. pr thiz wk. Will fly on any volume now I believe. Currently profitable the grimes #3 and #4 are anticipated to flow at combined 3000mmcfd more than doublling our current monthly output.

Acquisition news is also due, needed workover rigs will allow independence from service contractor, workover rates will increase. The well workovers give a one month ROI and then is steady and uninterupted profit for the next fifteen to twenty years. The grimes project is scheduled for 200 holes for 06-07.

wwng, bign subsidiary has been holding back flow rates for NM well, and making headway with producing accquisition+ gasline adding over 270 G's a month to cash flow. They are working hard to capitalize on properties in the four corners area - tar sands and shale oil and gas, said to contain more reserves than Alberta in Canada.

Tyche energy or tyeg is expected to trade any time, with a fair amount of dd in board ibox. Large company with multiple properties and leases/JV's, also is the operator for hydroslotting tech. Recently moved to Tyler Texas to expand operations into the US as CAnada is sewed up for now.Tyche may be a sleeper that will add substantially to bign pps once it starts trading. BIGn and companies one to watch.
 
Posted by Egg Inspector on :
 
an excellent end to the week Juice.

thanks again..

CUDO's to J_U_ICE!!
 
Posted by Egg Inspector on :
 
we really need to get the word out on this one too.

how does it work? hoe does a stock go from '1 of a million' to 'on the tip of everyoned tounge'?
 
Posted by GVMOORE on :
 
Two wk run sounds good to me for the first
leg. Limited supply = green.
 
Posted by J_U_ICE on :
 
We are gaining international recognition...

Just got an alert about a Chinese website showing interest in BIGN:

http://www.biox.cn/content/20060626/45758.htm
 
Posted by J_U_ICE on :
 
0425 [+]x 0.043 up 5% on good volume
 
Posted by mnvestor on :
 
When news hits this should see a nice pop, likely sometime this week??
Do your DD and this becomes very attractive
 
Posted by mnvestor on :
 
upticking with 7+ million in volume
 
Posted by J_U_ICE on :
 
044 [+]x 0.045 up 10%
 
Posted by J_U_ICE on :
 
over 9M in volume [Eek!]
 
Posted by J_U_ICE on :
 
holding strong up 12.5% on very good volume
 
Posted by J_U_ICE on :
 
up 7.50% on over 11M in volume
 
Posted by GVMOORE on :
 
L2 46 66 86
 
Posted by J_U_ICE on :
 
With the increased volume and the slow steady rise I get the feeling news is very near [Wink]
 
Posted by portman on :
 
I like this one based on what I have read. I like this sector abd this looks like a nice small play.

When I look at what an individual can do with a few gas wells buying in at 1/8 and have an ROI of a little over a year you have to love this sector.
 
Posted by J_U_ICE on :
 
06/26/06 0.0425 0.0470 0.0400 0.0430 +0.0030 11106547 +7.50%


Composite Indicator -- Signal -- -- Strength -- -- Direction --
Trend Spotter (TM) Hold Falling

Short Term Indicators
7 Day Average Directional Indicator Buy Weak Strongest
10 - 8 Day Moving Average Hilo Channel Buy Weak Strongest
20 Day Moving Average vs Price Buy Minimum Strongest
20 - 50 Day MACD Oscillator Buy Average Weakest
20 Day Bollinger Bands Hold Bullish

Short Term Indicators Average: 80% - Buy

Medium Term Indicators
40 Day Commodity Channel Index Hold Bullish
50 Day Moving Average vs Price Buy Weak Strongest
20 - 100 Day MACD Oscillator Buy Strong Weakest
50 Day Parabolic Time/Price Sell Minimum Weakest

Medium Term Indicators Average: 25% - Buy

Long Term Indicators
60 Day Commodity Channel Index Buy Minimum Strongest
100 Day Moving Average vs Price Buy Average Strongest
50 - 100 Day MACD Oscillator Buy Maximum Strongest

Long Term Indicators Average: 100% - Buy

Overall Average: 64% - Buy
 
Posted by cactus33 on :
 
just one question, not trying to bash, but why when i look for the quote on this at pinksheets it says that it cant provide it from so many prior complaints?
 
Posted by J_U_ICE on :
 
quote:
Originally posted by cactus33:
just one question, not trying to bash, but why when i look for the quote on this at pinksheets it says that it cant provide it from so many prior complaints?

Not sure it may have been one of a number of stocks that were mass e-mailed and ppl complained about it thinking it was a scam. I'm pretty secure in my DD so I'm not worried
 
Posted by cactus33 on :
 
cool, i do trust your dd. you have good picks, and dont dump on the allstock crowd. good job
 
Posted by J_U_ICE on :
 
Thanks cactus33. We are all here for the same reason to make money and hopefully have some fun along the way.
 
Posted by J_U_ICE on :
 
chart and techs

http://www.smallcapcenter.com/snapshot_techanalysis.asp?component=compinfo.asp&r ow=2&page=snap_techanalysis.asp&flag=true&ticker=BIGN
 
Posted by J_U_ICE on :
 
IHUB update
Just talked to Teresa at WWEnergy. She reminded me several times that she couldn't tell me info, but said to ask away.

They are in a complex of 3 buidings about 4 miles from the main worksite. She wouldn't tell me about the latest LOI and the closing date, but there would be a PR within the next couple of weeks. I said, "Even tomorrow" and she said "Yes, tomorrow to two weeks." (I don't think tomorrow) I asked if the financials were complete and she didn't know. I asked when was there a big increase of truck drivers and she said 4 months ago. The count is slightly less than 30.

She wouldn't talk about Heidi, becasue Heidi doesn't like investors calling her.

She said she wouldn't know when Biogenerics has been there.

She doesn't pay any attention to share price and didn't know and couldn't say on a name change.


I know it is not much, but anything is interesting.
 
Posted by J_U_ICE on :
 
closed up 11% on very low volume. Hoping ffor some news soon
 
Posted by GVMOORE on :
 
Thanks to Cactus I dumped OMOG at 62 for a
small loss and will add to BIGN. OIL/GAS heating back up. We should see at least .08
on the next PR any day now. GLTA
 
Posted by rlcuban on :
 
Is no news good news we shall soon see all!
 
Posted by Egg Inspector on :
 
gas gas gas is the cry...even Cramer was all about gas plays being the current and next big thing [Smile]
 
Posted by GVMOORE on :
 
Time to be on board. Going to fly. It's all
about oil.
 
Posted by J_U_ICE on :
 
039 x 0.042
 
Posted by J_U_ICE on :
 
041 X 044 over 1 million in volume
 
Posted by J_U_ICE on :
 
A very fair assessment of BIGN from IHUB

Posted by: arch_oil

I really think the main reason why we have not moved over .05 yet is due to the financials not being released. Even though nothing is expected here the submission of good faith by the company is leaving investors with a bad taste in their mouth. New Mexico's first well must be dry because we have had no news. The last PR (march 30th) said they were getting close to the target formation. At 4100 feet, the formation is at 13,000 feet. They should average about 1500 ft/week in drilling so we should have had news a long long time ago here. One can assume it's dry because if Oil was found we would have at least heard something to the effect that the well is going to be a producer. This lack of news or hold back of news is preventing new money from coming into this stock. Grimes and LOI's I can understand, but the financials and New Mexico are way way overdue. Also, what exactly is going on at Grimes. BIGN was supposed to slot 5 wells in total. Why are only 2 wells being mentioned in the PR's ? We have (2) completed and (2) are underway, what happened to the third well or a.k.a. well #5 ?

News should come soon about the Texas LOI, financing and terms of the deal since Lancaster said May 25th the deal should close in 60 days with DD being completed in 30 days. I doubt we will hear anything governing the DD phase but news should come soon regarding if they are proceeding and how they will proceed, dates, financing etc.

The company's future is hinging on these events so I hope we hear something soon. Logically, news should come early next week on something, anything.
 
Posted by J_U_ICE on :
 
IHUB update

Posted by: gratli1028
Date:7/6/2006 2:59:28 PM


Just received a call from Boyd. They are still in negotiations..and I took it it is the "huge" one that is the one holding up any PR. They know they are past the 30 days and they are working diligently to try to getting everything resolved. I asked was there a problem..and he said, "No, it is just there lots of little details and it is timeconsuming". I asked who were in the meetings and he said the board of directors and Bonhomme. I asked was WWOil there and he reminded me he couldn't tell the companies. I asked which one was he considering the "huge" deal and he said the one with all the rigs and existing wells. Sorry...I tried.

Oh yeah, the reason I called was the name change...that is old and all these new things have now come into play..it was a name change originally because of a shell buyout and they knew it needed to be in line with oil and gas. I told him the pps is dropping due to no correspondence and he said, "Believe me I know that with all the calls I get". lol "They just don't have anything to report yet."

Sorry, I think they have plenty they could report..they just choose to not release until they can do it in the order they want
 
Posted by rlcuban on :
 
I know many have said it but Monday is exciting! Hoping for all the news to come out.
 
Posted by J_U_ICE on :
 
UPdate of Company info

WEBSITE:
http://www.bignltd.com/

CORPORATE SNAPSHOT:

Biogenerics Limited is a diversified investment venture capital firm and our shares are quoted on (NQB:BIGN); our principal business is focused on exploiting and distributing domestic oil and gas reserves. The domestic fuel market is presently estimated to exceed $10 billion.

Sparked by the Company’s recent strategic milestones with Tyche Energy and its Charing Cross gas reserves with Hydro Slotter Corp. and its enhanced oil recovery techniques, along with a number of other opportunities that possess the potential to generate immediate revenue in this arena, our goal is to maximize investment value in the short term and enhance shareholders’ equity in the long-term.

“Increasing the production of existing oil and gas wells represents an enormous opportunity,” stated Gary Kelley, President and CEO of Biogenerics. “By applying HSC’s technology to suitable existing wells, Biogenerics will improve its bottom line, while eliminating the risks of exploration and the costs of installing new well infrastructures. Hydrojet Slotting is a quantum leap forward in the protection of homeland energy security and safety in the 21st century.”

Additionally, increasing market awareness of significant activity in oil and gas coupled with government’s clear commitment to utilize domestic as the only viable alternative energy source, clearly position Biogenerics as an undervalued investment opportunity among a peer group with growing P/E ratios.

The fundamental element underlying all of our pursuits is a forward-looking idea that has a passion to drive business forward. In line with the Company’s sole focus in domestic fuel, the Board of Directors will hold a Special Meeting to consider: changing the name of the company to clearly reflect its positioning in the oil and gas industry. The results of this meeting, of course, will require shareholder approval.

Authorized Shares: 400MM
Outstanding Shares: 303,500,000 (as of 05/09/06)
Float: ~130MM

Head Office:
1520 Rice Road, Suite 200,
Tyler, Texas
75703
http://maps.google.com/maps?oi=map&q=Tyler,+TX


Investor Relations:


Registrar and Transfer Agent:
Capital Transfer Agency
http://www.capitaltransferagency.com/
390 Bay Street
Suite 2020
Toronto, ON
M5H 2Y2
Tel: 416-350-5007
Fax: 416-350-5008

Biogenerics Limited Press Release Archive

2006.06.05 - Biogenerics Limited Reports on Progress in Grimes, California Project

2006.06.01 - Biogenerics Limited Announces WW Oil & Gas Signs Letter of Intent to Acquire Significant Oil and Gas Assets

2006.05.30 - Biogenerics Board of Directors Approves Third L.O.I. to Purchase Oil and Gas Properties

2006.05.25 - Biogenerics Limited Completes Letter of Intent With Texas Oil Company and Expands Assets Within the L.O.I.

2006.05.24 - Biogenerics Ltd. Negotiating to Purchase Existing Oil Lease Near Quitman, Texas

2006.05.18 - Biogenerics New CEO Updates on Grimes Project and Future Plans

2006.05.17 - Biogenerics' Head Office Now Fully Operational

2006.05.08 - Biogenerics Limited Announces 2nd Grimes Well is Online

2006.05.03 - Biogenerics Announces New Record Date for Special Dividend

2006.04.05 - Biogenerics Announces Location of New Head Office

2006.03.28 - Biogenerics Announces Update on Hydroslotter's California Project

2006.03.21 - Tyche Energy Inc. Commences Production at Charring Cross Property

2006.02.27 - Biogenerics Limited: Independent Contractor Retained to Provide Geological, Geophysical and Management Expertise

2006.02.21 - Biogenerics Limited: Tyche Energy Finishes Construction of the Charring Cross Production Facility

2006.01.20 - Tyche Energy Inc. Share Dividends to be Paid

2005.12.16 - Tyche Energy Shareholders Elect Jean Claude Bonhomme to Serve as Chairman

2005.12.13 - Biogenerics Provides Business Summary of Tyche Energy Spin-Off

2005.12.09 - Biogenerics Ltd. Announces Spin-Off of Tyche Energy Division and Stock Gift

2005.12.08 - TwinTrader.com Announces a New Executive Interview with Paul Smith of Biogenerics Limited

2005.12.07 - Biogenerics Forms Client Management Division to Coordinate Oil and Gas JV Opportunities

2005.12.05 - TwinTrader.com Announces Profile Coverage for Biogenerics Limited

2005.12.01 - Biogenerics' JV Partner Tyche Energy Adds State-of-the-Art 'N2Vision' Seismic Data Technology to Lake Erie, Ontario Oil Field Project

2005.11.30 - Biogenerics Limited Joint Venture Partner Hydroslotter Corporation Begins Work On Four Additional Gas Wells

2005.11.14 - Biogenerics Announces Charring Cross Natural Gas Project Update

2005.10.26 - Biogenerics Announces New Corporate Communications Department

2005.10.20 - Biogenerics Limited Prepares for Dual Listing in UK and Reiterates Impact of Recently Announced Royal Petroleum Financing Commitment

2005.10.18 - Biogenerics Announces Financing Plan for the Hydroslotter Roll Out

2005.10.14 - Biogenerics Expands on Earnings Forecast for 2006

2005.10.13 - Biogenerics Announces 2006 Earnings Guidance

2005.10.11 - Biogenerics Announces Update on Hydroslotter

2005.09.20 - Biogenerics Launches New Website: www.bignltd.com

2005.09.19 - Biogenerics Completes Acquisition of Rubicon Petroleum

2005.08.23 - Biogenerics Signs Agreement to Tap Four Additional Gas Wells in California

2005.07.26 - Biogenerics Strategic Partner HydroSlotter Corporation Completes California Well to Meter Site

2005.07.19 - Biogenerics JV Partner Tyche Energy Reports on Completion Operations at Well No. 1 in Mosa Township and Commencement of HydroSlotting Process

2005.07.07 - Biogenerics Issues Correction to Cubic Feet Per Day on Recently Reported Results on Target Well in Northern California

2005.07.05 - Biogenerics' Partner Hydroslotter Corporation Reports Significant Results on Target Well in Northern California

2005.06.29 - Biogenerics Obtains Promising Results from Hydroslotting Program

2005.06.10 - Partner Tyche Energy completes geochemic surveys
 
Posted by J_U_ICE on :
 
Posted by: carshownationalscom

WW Energy Inc. is a holding company that was created to acquire oil and gas related companies and services. Currently, WW Energy Inc. has two subsidiaries; WW Trucking Inc. and WW Oil & Gas Inc.
WW Trucking Inc. was formed in 1999 as a subsidiary of WW Enterprises Inc. in New Mexico and was subsequently merged with WW Energy Inc.

WW Trucking, Inc. is a leading transport company in the oil field services industry in the four states of Utah, Colorado, New Mexico and Arizona ( The Four Corners Area).

Existing business operations includes transporting fresh production water for oil and gas drilling and exploration and waste water for disposal. The company also provides services for heavy hauling of drill and well equipment needed in the oil and gas production and exploration industry and has several long-term relationships with the majority of oil and gas companies in Western New Mexico, Southern Colorado, Southern Utah, and Northern Arizona.


The company started out with 2 water transport trucks in 1999 and has grown to a fleet of 17 in 2005. Since 2002 the company has boosted revenue by about a half million dollars a year and expects to exceed $3 million in revenue in 2006. The trucking fleet is currently running at full capacity. Plans for future expansion will greatly increase both the revenue and profit potential.
The Corporate headquarters is located in Farmington, New Mexico and houses all the necessary facilities to keep the fleet running 24 hours a day as well as conducting all day-to-day corporate functions. A satellite office is being considered for Southern Colorado which would add several new trucks and significantly increase revenues.

WW Oil & Gas Inc. was formed in 2005 to acquire leases and oil and gas related assets. Such acquisitions are for the purpose of development, exploration, and exploitation.

The first lease, in the San Juan Basin in Northwest New Mexico, has a primary objective of entering the Jurassic Entrada Sandstone. In the late 1970’s, the first oil discovery in the Jurassic Entrada sand dune led to over 2000 miles of seismic data encompassing over 200 + sand dunes in the Entrada. According to Vincelette and Chittum in their AAPG paper entitled “Exploration for Oil Accumulations in the Entrada Sandstone, San Juan Basin, New Mexico”, the first well encountered 24 feet of oil that saturated the Entrada Sandstone, even though it was not located on the top of the dune. The nearest Entrada oil production is 5 miles south in Media field, which has produced more than 1.1 million barrels of oil from an accumulation that covers 160 acres of sand dune. The Gallup Sandstone is also known as an oil bearing zone.

The second and third exploitation projects in the San Juan Basin in Northwest New Mexico will test all the following zones: the Menefee Member of the Mesaverde, the Gallup Sandstone, the fractured Mancos Shale, the Dakota Sandstone, and the Entrada Sandstone at 6000 feet. In the late 1970’s, oil was discovered in the Entrada Sandstone, the Menefee Member of the Mesaverde, the Gallup Sandstone, the Mancos Shale, and the Dakota Sandstone. In the early 1980’s, fractures in the Gallup were discovered when a nearby well was drilled, and it was tested at a flow rate of 320 barrels of oil an hour.

Comprehensive drill programs are being developed for full exploitation of these projects.

The San Juan Basin is in Colorado and New Mexico and is also referred to as part of the Four Corners Area, which includes the San Juan Basin, the Paradox Basin, and the Black Mesa Basin. The San Juan Basin is the third largest gas producing area in the United States. San Juan oil and gas wells generate $325 million annually in federal royalties, half of which goes to New Mexico. ConocoPhillips, Shell Oil, XTO Energy and British Petroleum are among those companies active in the San Juan Basin.

Farmington, New Mexico, where the headquarters of WW Energy is located, is the service center for the area of northwest New Mexico, southwest Colorado, southeast Utah, and northeast Arizona.


WW Energy has developed a strategic plan to take advantage of management’s extensive contacts in the industry to engage in its own oil and gas projects. The focus of this strategy is to identify the best possible well sites based on certain criteria and enter into agreements whereby the trucking side is aggregated with the exploration and drilling operation.

WW Energy plans to seek NASDAQ Bulletin Board Status in 2006.

WW Trucking's fleet is currently running at full capacity. Plans for future fleet expansion at it's New Mexico headquarters in 2006 will significantly increase both revenue and profit potential.

WW Trucking is considering a satellite office in Southern Colorado which would add several new trucks and significantly increase revenues. This area has been identified as being economically feasible for WW Trucking’s services.

WW Oil & Gas Inc. is developing comprehensive drilling programs for three oil and gas projects in the San Juan Basin. Permitting is currently in various stages of progress for each project and drilling is expected to commence in Q1 2006.


WW Trucking has been in the oil field services industry since 1999. However, management has been involved in the oil and gas industry for forty years.

WW Trucking’s current fleet is running at full capacity, 24 hours a day. The company started out with 2 water transport trucks in 1999 and has grown to a fleet of 17 in 2005. The market is strong and growing. Each new truck or piece of equipment added to existing operations quickly translates into increased revenue.

Since 2002 the company has boosted revenue by about a half million dollars a year and expects to exceed $3 million in revenue in 2006.

WW Oil & Gas Inc. was formed as a subsidiary in 2005 in order to take advantage of management experience that has over ten years of drilling and completion experience specific to the San Juan Basin area. Management is confident it has the expertise in locating the best possible oil and gas projects for success in the area because of that experience.

WW Energy Inc
P.O. Box 2288
Farmington, NM 87499
USA
Phone: (505) 325-2986
Fax: (505) 324-1048
 
Posted by 10 on :
 
I've been watching this...things seem to be looking pretty good...what are your thoughts for this week?
 
Posted by J_U_ICE on :
 
Posted by: mydurango
Date:7/11/2006 11:40:39 AM

everyone crying to hear news:

Keep in mind that Bign is in negotiations with to acquire a company. If Bign releases positive news about current projects, it could potentially raise the price the company being acquired is asking.

The management of Bign is hard at work on acquisitions, possibly a name change, possibly an exchange change and everyday operations. There has been no news releases for a reason, an IMO, I am sure it is a good one. Management is holding thier cards for the right moment, timing is everything. The management of BIGN and Tyche have been around a long time and have been very successful building companies, 30 days is nothing in the life of a company.

Relax, review your DD again and hold your shares for the long run.

mydurango
 
Posted by J_U_ICE on :
 
Posted by: arch_oil

With Grimes having 5 wells in production BIGN will have approximately 5-6M in annual revenue assuming:

andreoitti 1 - 250 mcfd
opeliha 1 - 1450 mcfd
well 3 - 1000 mcfd ?? approx.
well 4 1000 mcfd ?? approx.
well 5 1000 mcfd ?? approx.
Charring Cross 200 mcfd


Totals 4900 $5.75 average price of NG futures * 300 days * 40% allocation rate = $3.3M annual revenues for BIGN.

** Note NG futures price is conservative along with wells 3/4/5 are conservative daily rates along with only 300 days of yearly production for downtime.

We know BIGN's current operational costs are about 600K per year based on the last annual report so once these wells are completed and costs repaid for slotting BIGN is profitable with 330M shares in the O/S = .008 EPS

Give it a multiple of 10 (fair for Oil and Gas stocks) and we have a price target of .08 cents

This is not including New Mexico, additional wells, LOI's. Every time revenue doubles we can expect to add .08 cents to the PPS. The Texas LOI will give BIGN an additional 6.5M in annual revenue based on the 7300 bopm it will be producing. So if operational margins are relative to the additional 6.5M in revenue we should have a price target of 24 cents with the Texas LOI being completed.

This price target does not consider growth, proven reserves, the fact that we now have workover rigs available 24X7, new gas wells, 2 more LOI's, WWNG New Mexico leases, More wells at Grimes. All of these "potentials" should add at least 5 cents to the price.

Not having the recent financial report being publically disclosed is hurting the stock along with the absence of news.

These are my projections but the market simply does not see it this way. Why ? I'm not sure. Maybe because it's a pinkie. Maybe because more proof is needed. I do not know. But the bottom line is you know what the stock is worth is management is telling the truth. Why sell at .032 ? boggles my mind.
 
Posted by J_U_ICE on :
 
Biogenerics Limited Update on Business, Grimes and Recent Developments

E-mail | Print | | Disable live quotes Last Update: 10:00 AM ET Jul 12, 2006


TYLER, Texas, Jul 12, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) announced that James Lancaster (CEO) and the directors continue their efforts to complete the closing of the Letter of Intent as mentioned in a previous press release. The negotiations are positive and we expect the deal to be completed soon.
The Company has completed the payout for the Tyche Energy Inc. special dividend. Shareholders who held Biogenerics shares on the May 19, 2006 record date have received their Tyche Energy shares. Biogenerics Limited still maintains a significant interest in Tyche Energy Inc.
The Company's Board of Directors also announced that an application has been submitted for listing on a European Stock Exchange. Upon approval of the application the Board of Directors will execute a company name change. Biogenerics thanks all shareholders who submitted name suggestions. "The submissions we have received are excellent and will be given serious consideration by our board," stated James Lancaster, Biogenerics CEO.
The wells on the California Grimes site Andreotti and Ophelia continue to produce and are expected to flow at the rates previously reported. We confirm that Hydroslotter Inc. is on the location and preliminary preparations for slotting have been completed for wells 3 and 4. The wells are located in close proximity to wells 1 and 2 and it is expected that they will have the potential to produce similar flow rates as Ophelia.
Information on further developments will be released as soon as they become available.
Website: http://www.bignltd.com
About Biogenerics Limited
Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy and Hydroslotter Corporation.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Biogenerics Limited
Biogenerics Limited
Investor Relations
Dale Boyd
(905) 714-9422
 
Posted by J_U_ICE on :
 
Posted by: WarEagle
Date:7/16/2006 12:29:14 AM

BIGN is a pink sheet, it will tend to run up on news and momentum and fall back on lack of news.
The previous run up was brought about by good news on a gas well and on potential acquisitions.
As was well stated in the PR's, all of the deals would take some time to close. Also, it takes time to re work and finalize flow rates on up coming gas wells in Grimes, CA.
Most traders new this and sold out. Most longs held their ground. The pull back has actually been a very classic movement.
The good news is that it is a better company than it was a few months ago (due to higher revenues), so the pull back has been to the high two's instead of the high one's.
When we get the news that we are expecting, BIGN will run again. This time we have a higher base, so therefore, we should see a higher high.
At the current pps, BIGN is an outstanding buy. IMO.
I may get impatient from time to time, as do others, but I know what I am holding.
I hope this helps a little.
Good luck to ya.
 
Posted by GVMOORE on :
 
Best buy on the block IMO. My dollors are in.
 
Posted by J_U_ICE on :
 
up 10% on over 1M volume
 
Posted by J_U_ICE on :
 
Posted by: spiras
Date:7/18/2006 2:00:05 PM


Just got of the phone with Dale Boyd. I called him up about my Tyche shares (which I still haven't received), and took the opportunity to inquire about other matters of interest to us. This is what he had to tell me:

Financial statements Q1 - why aren't they out yet? He told me that they were being withheld because of the LOI business. At first I didn't grasp how the LOI business bears on the Q1 results! But them I realized that they have to give a "Subsequent Events" footnote which details significant events occurring after the balance sheet date. Since they are still negotiating the details, they don't want to put out partial information.

Tyche registration - when will they start trading? He couldn't give me a date but confirmed that Tyche is working on it. He said that this was being handled by Tyche personnel and not by BIGN people and therefore he is not personally involved in the process.

LOI - will they meet the July 25 deadline? He couldn't say for sure but said "they are holding long meetings behind closed doors" and he was not allowed to participate at those meetings.

So hopefully something good is cooking and eventually we’ll all get a good meal…
 
Posted by J_U_ICE on :
 
Keep an eye on this one. BIGN owns 35% of TYEG and TYEG is at 3.25 today
 
Posted by J_U_ICE on :
 
BIGN update...

from another poster, hopefully, great news coming...

(Re: WWNG mention...BIGN owns 50% of WWNG.)


...For what its worth from Dale Boyd * 10:40

No real comment on WWNG as they have there own BOD
Grimes is progressing and good numbers are expected for the other slots, however the calculation for number of slotted wells for 2006 is way off from earlier predicitons..just takes longer than expected however, with great flow rates.
James although not a large corporate trail in the O&G is very well respected in the O/G tyler area..however.."I did not read his resume"

LOI's are progressing..these are not done over night and global political changes effects m&a talks.

"When the news comes it wil be head spinning PR"
He suggested I go to Tyler and speak with James and I am going
 
Posted by J_U_ICE on :
 
I hope this wasn't the head spinning news he was talking about

Biogenerics Limited Comes to Agreement with N-C02 Technology Company


By PrimeZone
Last Update: 7/20/2006 2:16:40 PM Data provided by

TYLER, Texas, Jul 20, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) announced today that the company has come to an agreement with a "state-of-the-art" oil and gas recovery company. Recognizing the demand of an energy thirsty-nation, Biogenerics has forwarded in good faith an initial investment to procure the deal.

Every oil producer's goal is to achieve increased oil production with the least amount of cost possible. By using nitrogen and carbon dioxide gas injection units to "pump up" and re-pressure wells, this proven technology is able to significantly increase oil output from these assets. There is a great need for enhanced oil and gas recovery among independent producers. By introducing this diverse method BIGN now possesses the ability to work a large percentage of wells that are in production that do not hold the characteristics to accept a hydro-slot technology.

James Lancaster, CEO commented, "The (N-C02) method will compliment the company's standing in the industry to now handle well production enhancement in all areas of the oil and gas industry. This broadens our ability to expand our endeavors while potentially strengthening the company's financial position."

Biogenerics will work closely in the "field" along with this (N-C02) oil and gas recovery technology and follow up on all results and any other pertinent developments.

Further details regarding this agreement will be released as they become available.
 
Posted by Disnat74 on :
 
I dont think IMO that this is the head spinning news, although it still is good news but not huge news, I have faith in this Co.
 
Posted by J_U_ICE on :
 
I have faith also and expect big thindgs to come. I was just expecting some more details.
 
Posted by Egg Inspector on :
 
has anyone posted this yet?

Juice, why do you suppose BIGN has dropped with this news today?

Does this make any sense!?!?

Biogenerics Limited Comes to Agreement with N-C02 Technology Company

By PrimeZone
Last Update: 7/20/2006 2:16:40 PM Data provided by

TYLER, Texas, Jul 20, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) announced today that the company has come to an agreement with a "state-of-the-art" oil and gas recovery company. Recognizing the demand of an energy thirsty-nation, Biogenerics has forwarded in good faith an initial investment to procure the deal.

Every oil producer's goal is to achieve increased oil production with the least amount of cost possible. By using nitrogen and carbon dioxide gas injection units to "pump up" and re-pressure wells, this proven technology is able to significantly increase oil output from these assets. There is a great need for enhanced oil and gas recovery among independent producers. By introducing this diverse method BIGN now possesses the ability to work a large percentage of wells that are in production that do not hold the characteristics to accept a hydro-slot technology.

James Lancaster, CEO commented, "The (N-C02) method will compliment the company's standing in the industry to now handle well production enhancement in all areas of the oil and gas industry. This broadens our ability to expand our endeavors while potentially strengthening the company's financial position."

Biogenerics will work closely in the "field" along with this (N-C02) oil and gas recovery technology and follow up on all results and any other pertinent developments.

Further details regarding this agreement will be released as they become available.

Website: http:/www.bignltd.com

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy and Hydroslotter Corporation.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: Biogenerics Limited
 
Posted by J_U_ICE on :
 
Hey EGG nice to have you back. I suppose ppl are getting restless waiting for the news on the LOIs and other numbers so even though this was good news it was not what was expected.
 
Posted by Egg Inspector on :
 
quote:
Originally posted by J_U_ICE:
Hey EGG nice to have you back. I suppose ppl are getting restless waiting for the news on the LOIs and other numbers so even though this was good news it was not what was expected.

Thanks Juice, glad to be back;

OK, not what was expected, but should it drop?

RIDICULOUS!

a newB question:

What is "the LOIs"??
 
Posted by J_U_ICE on :
 
Letters of Intent.
 
Posted by Egg Inspector on :
 
here we go, a little bump +.002 right now
 
Posted by Egg Inspector on :
 
quote:
Originally posted by Egg Inspector:
here we go, a little bump +.002 right now

oops, right back to 0.00. well at least we are no longer red............ [Smile]

me thinks now, I should have made my profit when it was at +.035. you know, I have yet to take profit Juice, not once. And, of course I have given it all back.
your opinion Juice?
 
Posted by Disnat74 on :
 
Wait till the price of oil starts climbing again, its a matter of time, with the price of oil, the war in the middle east escalating, the hurricanes on the horizon, and of course the LOI, this IMO is a good play, at these prices its a bargain.
 
Posted by Egg Inspector on :
 
quote:
Originally posted by J_U_ICE:
Letters of Intent.

what do the letters of Intent do for us?

they are only 'promises of future work', yes?
they are not contracts/dollars, right?

it just seems, that if it isn't a merger, at least since I got in, May 1st,

or profit , no positive PPS movement.

several peeps here told me that; 'gains in the pennies, were easy to come by in the late winter and early spring, or relatively easy, then the well went dry'

any truth to that?
 
Posted by J_U_ICE on :
 
Posted by: texasboston
Date:7/24/2006 1:21:12 PM


INFORMATION:

Just got off the phone with Gary Watkins regarding my trip to Tyler and how he thought two weeks would be better I asked him why and here it is:

James had a kidney removed two weeks ago and is just getting back to fielding calls etc..it was the size of a football..prognosis excellent. We are in the final stages of the East Texas LOI and this is the week by Friday we will know whether it is a go or not..with a PR annoucement most likly next week. Did this hurt the LOI process..no but slowed it down some.

The LOI announcementon Friday is not transcoastal, it is an enhancement to the Hydroslotting technolgy. HSC is really for deep wells be it oil and gas and NCO2 technology is for shallow pump jack wells that have flooding or saltwater submersion problems. This allows for a remake on any well not just Grimes types of wells.

There are backups plans for each LOI in case they do go through.

Really had no information on TYEG, referred me to Dale.

Talked of an shareholders meeting maybe in Tyler in Feb 07.

IMHO them condition of James (big guy 6.5' 260) has slowed everything down since he was the guy they just brought in to facilitate LOI's and M/A's.

There's my DD for the day..Gary was a nice and guy and did not mind taking the call
 
Posted by rimasco on :
 
Thanx JUice [Wink]
 
Posted by GVMOORE on :
 
Oil moving up. Lots of good news to come. BIGN
at the bottom. What a setup.
 
Posted by J_U_ICE on :
 
Biogenerics Limited Reports on Business State of Affairs

11:05 AM ET Jul 26, 2006


TYLER, Texas, Jul 26, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) Board of Directors today announced that the LOI that was the subject of its May 25, 2006, Press Release has had its closing date extended due to the recent illness of James Lancaster, CEO of the Company.
The Board reports that the due diligence period under the LOI has been extended. The proposed closing is to occur on or before August 31, 2006. The Company's number one business priority is the completion of these transactions.
Biogenerics further reported that its CEO, James Lancaster, was taken ill on July 4, 2006, and underwent surgery on July 14th, with the results of the surgery being favorable. At this time, Mr. Lancaster is working from his personal residence while he completes his recovery period. It is expected he will to return to full time duty during the week of August 15th. The Board is very thankful for the recovery to health that James is experiencing and welcomes him back to full duties as quickly as possible.
James Lancaster commented, "While my personal health problem could not have come at a worst time, it is something that has happened. The condition has been rectified and I am feeling stronger each day. I have been able to work on the Company's business from home with the support of my very qualified staff. Together we were able to negotiate an extension on our projects."
The Company will announce the results of its negotiations regarding these projects as pertinent facts become available.
In the July 20, 2006, Press Release BIGN clarifies that the (N-CO2) technology has been added and will be utilized along with the hydro-slotting process in the Company's well recovery endeavors
Website: http:/www.bignltd.com
 
Posted by GVMOORE on :
 
Sounds good.Proposed closing on or before
8-31. Drilling, hydro-slotting, N-CO2,
producing wells and record oil prices.
 
Posted by rlcuban on :
 
Bought a lot more still strong on bign!
 
Posted by J_U_ICE on :
 
Up 13% maybe getting ready for a bounce nice volume
 
Posted by J_U_ICE on :
 
up 17%
 
Posted by Disnat74 on :
 
looking good here, August will be a good month for BIGN IMO.
 
Posted by GVMOORE on :
 
Yep your right. Don't miss ATWT IMO. GLTA.
 
Posted by J_U_ICE on :
 
up 7% already reached avg volume
 
Posted by J_U_ICE on :
 
CHART LOOKING VERY NICE!!!

http://www.investorshub.com/boards/read_msg.asp?message_id=12389082
 
Posted by GVMOORE on :
 
Thanks JUICE. I'll see you on the other
side.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by GVMOORE:
Thanks JUICE. I'll see you on the other
side.

Anytime GVMOORE. Looks like we are gonna start to bounce. Hopefully some good news is on the horizon. With that this will takeoff.IMO
 
Posted by Egg Inspector on :
 
quote:
Originally posted by J_U_ICE:
CHART LOOKING VERY NICE!!!

http://www.investorshub.com/boards/read_msg.asp?message_id=12389082

I looked at this chart Juice and someday your going to have to explain to me the virtues of these 'all-inclusive' charts. what looks very nice about it?
the only thing looking good to me on this is the longer term trend lines. is that what your referring too?
 
Posted by J_U_ICE on :
 
Biogenerics Limited Listed on Frankfurt Stock Exchange

PrimeZone via COMTEX


Aug 2, 2006 10:00:46 AM

TYLER, Texas, Aug 2, 2006 (PRIMEZONE via COMTEX News Network) --

The Board of Directors of Biogenerics Ltd. (Pink Sheets:BIGN) is pleased to announce that it has been listed on the Frankfurt Exchange in Frankfurt, Germany. The symbol assigned to the Company is

Symbol: D9G ISIN: US09063F1012 WKN: A0HG80.

The Company chose the Frankfurt Stock Exchange as a result of a growing interest from European investors who make up an already existing foreign shareholder base. The listing in Frankfurt will provide a more liquid market to those existing shareholders as well as make the Company more visible and accessible to new share holders.

The Frankfurt Stock Exchange is one of the biggest and most efficient exchanges in the world. It has over a 90 percent turnover in the German market and a big share in the European market.

For more information, visit our website at http://www.bignltd.com

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy and Hydroslotter Corporation.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: Biogenerics Limited

Biogenerics Limited Investor Relations Dale Boyd (905) 714-9422

(C) 2006 PRIMEZONE, All rights reserved.
 
Posted by Disnat74 on :
 
Nice !
 
Posted by Egg Inspector on :
 
probably too late.

Source: Biogenerics Limited

Recent Quote for BIGN
Last Trade: $ 0.0300
Trade Time: 10:04 ET
Change: +0.0030 (+11.11%)
Prev Close: +0.0030
52-Wk Range: 0.0090 - 0.1600

Biogenerics Limited Listed on Frankfurt Stock Exchange

TYLER, Texas, Aug. 2, 2006 (PRIMEZONE) -- The Board of Directors of Biogenerics Ltd. (Pink SheetsIGN) is pleased to announce that it has been listed on the Frankfurt Exchange in Frankfurt, Germany. The symbol assigned to the Company is

Symbol: D9G
ISIN: US09063F1012
WKN: A0HG80.

The Company chose the Frankfurt Stock Exchange as a result of a growing interest from European investors who make up an already existing foreign shareholder base. The listing in Frankfurt will provide a more liquid market to those existing shareholders as well as make the Company more visible and accessible to new share holders.

The Frankfurt Stock Exchange is one of the biggest and most efficient exchanges in the world. It has over a 90 percent turnover in the German market and a big share in the European market.

For more information, visit our website at http://www.bignltd.com

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy and Hydroslotter Corporation.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

CONTACT: Biogenerics Limited
Investor Relations
Dale Boyd
(905) 714-9422
 
Posted by J_U_ICE on :
 
up 26%
 
Posted by rlcuban on :
 
Does this mean bign will be trading over there when we are closed J_U_ICE or do they have similiar hours?

I know its just a shot J_U_ICE but is Justiss Oil completely out of the picture or can I still dream big?

Never underestimate the other guys greed.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by rlcuban:
Does this mean bign will be trading over there when we are closed J_U_ICE or do they have similiar hours?

I know its just a shot J_U_ICE but is Justiss Oil completely out of the picture or can I still dream big?

Never underestimate the other guys greed.

Yes it means BIGN will be trading when we are closed should help tremendously.

I don't think Justiss is out of the picture we're just moving very slowly. Never hurts to dream big just make sure you take profits when the opportunity arises
 
Posted by rlcuban on :
 
Time zone for Frankfurt, Germany, exchange should open at 3:30 am Eastern time if I'm not mistaken.
 
Posted by J_U_ICE on :
 
BIGN doing well, more to come, here's why

Posted by: fratboy72
In reply to: Ovidius who wrote msg# 11496 Date:8/3/2006 7:09:09 AM
Post #of 11548

A couple of answers to your questions:

1) what news are we waiting for? News on Grimes #3, 4, 5 (the next 3 wells in Grimes, CA); 3 different LOI's (letters of intent) ranging from additional leases to an entire company in TX with its own rigs, equipment, staff, etc; news with joint partners like WWNG; Tyche (another joint partner) to start trading; etc, etc, etc (I'm sure I missed a BUNCH that others can fill you in on).

2) what PPS short, mid and longer term is likely? Looks like the high of .16 was over a year ago, so the year high is about .06? ST: .10 within 1-2 months, MT: .20 within 6 months, LT: .50+ within a year. And, I think my predictions may be a little conservative.

3) Does BIGN have plans to get off the pinks?It's another thing they've talked about - let's hope so. Historically they've been very good at reporting their financials, especially for a pinkie. Let's hope they do move to another board soon. There's even talk of merging into Tyche - would probably be better separate vs together though.

GLTY & to all invested in BIGN.
 
Posted by J_U_ICE on :
 
BIGN LISTING ON FRANKFURT EXCHANGE:
http://finance.yahoo.com/q?s=D9G.F
 
Posted by Disnat74 on :
 
Look at this guys ...

http://news.yahoo.com/s/ap/20060807/ap_on_bi_ge/oil_field_shutdown

GO BIGN !
 
Posted by Disnat74 on :
 
Oil up over $2.00 a barrel so far, Oil plays are the way to go.
 
Posted by J_U_ICE on :
 
TYLER, Texas, Aug 9, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) announced that joint venture partner Hydroslotter Corp. has provided a progress report on the California Grimes wells site. Hydroslotter officials report that the drilling and rigging equipment is currently working on wells No. 3 and No. 4. The Hydroslotting process to complete well No. 3 is in progress. Biogenerics has been informed that the crew will then proceed immediately to well No. 4 and initial results from the wells are expected in approximately 2 weeks.

Hydroslotter Corp. confirms that Ophelia 1 is on stream and problems earlier mentioned have been corrected and they do not expect further delays. The experience gained from Ophelia 1 will serve well to accelerate the time frame in which wells 3 and 4 are completed added a Hydroslotter official. An accurate account of all flow rates will be reported publicly after the wells are allowed a period of time to stabilize.

There is great anticipation building regarding the flow rates of wells 3 and 4 since they mirror the characteristics of Ophelia 1 which had earlier flow rates of 1450 mcfd.

A decision will be made regarding well No. 5 since preliminary evaluation is indicating the well may not be cost effective to proceed with. Biogenerics will evaluate its position to continue on with other wells located nearby that have the potential to be re-worked more efficiently producing more favorable flow rates.

Website: http:/www.bignltd.com

About Biogenerics Limited

Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy and Hydroslotter Corporation.

Forward-Looking Statements
 
Posted by J_U_ICE on :
 
Posted by: arch_oil
Date:8/10/2006 9:29:23 PM


Here is what Boyd told me. Take this as you wish and do not make any investment decisions based on what I post here. This is the truth, no fabrications here.

1. WW Oil&Gas is STILL a 50% owned subsidairy of BIGN. I even called WW Energy and confirmed that yes, WW Energy's subsidiary WW Oil&Gas is in fact owned by both companies jointly 50-50 Biognerics and WW Energy. That issue is put to rest. So any news out about WW Oil&Gas is 50% ours. Any news out on WW Energy is not ours.

2. Name change and quarterly report is on hold until the one or more of the LOI's close. They need to focus on getting the LOI's done. The frankfurt listing was important to attract new investors thus why they felt they needed that done at a minimum.

3. Some of the wells at Grimes are not workable with Hydroslotter but are workable with N20 thus why they closed that deal. For those who thought is was nothing but fluff it may turn out ti be a good thing.

4. The fifth well at Grimes is not going to be slotted because the siesmic data and tests have revealed it will not be a good producer.

5. Six more wells are being targeted at Grimes in the near future once wells 3-4 are done. These wells will require a pipeline to the meter station. Cost about 20K. All six wells have had seismic tests done already and show the same characteristics as Opheila.

6. Once wells 3-4 are done and are recorded as producers in the 1000mcfd range after "stabalization" we will have the following revenue. This will be disclosed publically as stated in the last press release.

Charring Cross 200mcfd
Andreotti 250mcfd
Opehila 1000mcfd
Well 3 10000mcfd
Well 4 1000mcfd

Do the math, considering 25 days of production per month for required maintenance at $7.50 NG prices, I come up with $3.1M in revenues for BIGN (40% allocation after ROI).

7. Financing is secured for the LOI in part by the cash generated from above. Debt based financing is being pursued here. No shares can be issued because the A/S is only 400M and the price is .021 Not much cash can come from shares as I agreed with Dale on this point. It would be silly to dilute at this price and Lancaster is not that stupid.

8. He said the Texas LOI is the big one that everyone as Biogenerics is hoping comes to reality. He said Lancaster feels confident the deal will close by 8/31 or sooner. He mentioned that 1 of the 3 options as outlined in the press release is a done deal. They have a backup plan to satisfy shareholders. The Success Oil Company LOI mentioned by WW Oil&Gas will offset any revenues not obtained from the Texas LOI deal option #1 falling through. In other words, if they do not go ahead with the best option, which was option #1 for the East Texas LOI and settle for one of the smaller options, option 2 and option 3, the WW Oil&Gas LOI i.e. Success Oil will offset any revenue lost from this deal falling through. Success Oil and a turnkey drilling operator but they must lease equipment and have rigs available to them on a more frequent basis then BIGN leasing rigs from Schlumberger. It seems that Lancaster has things covered here. Dale also said that option #1 is not ruled out and Lancaster feels confident it will happen and he said if option #1 closes BIGN will have rigs available to them on an immediate basis. He said this will be huge for the company. He said most companies must wait in upwards of six months now to obtain a workover rig due to the price of Oil.

9. He also said that Lancaster wanted to wait on wells 3-4 until after the LOI closes because the rig cost would not be incurred 60 day delay verse cost of lease...makes sense. However the financing required them to obtain this revenue as collateral so they went ahead and started slotting. This explains the delay from May until now. I agreed with him here but still balked on why nothing was done from January to May and basically was told Grimes has weather issues and it was difficult to get a rig to the site due to demand for rigs being high.

Overall it was a very positive conversation and I feel much better now about Lancaster and what he is doing here. The delays are explained in a stratgeic point of view and I understand now. Like everyone says a company cannot be built over night and after wells 3-4 are slotted this .02 cent stock will have over 3M in revenues. When the other six wells at Grimes are completed (probably within 6 months), BIGN will have another 5.4Min revenues to add to the 3M if they produce at 1000mcfd. 8.4M in revenues and we sit at .02 cents ?? Ridiculous consideration the market has given this little stock.

also one more point. reading my last comment and I did a comparison.

"Overall it was a very positive conversation and I feel much better now about Lancaster and what he is doing here. The delays are explained in a stratgeic point of view and I understand now. Like everyone says a company cannot be built over night and after wells 3-4 are slotted this .02 cent stock will have over 3M in revenues. When the other six wells at Grimes are completed (probably within 6 months), BIGN will have another 5.4Min revenues to add to the 3M if they produce at 1000mcfd. 8.4M in revenues and we sit at .02 cents ?? Ridiculous consideration the market has given this little stock."

TGC an AMEX listed security has 7M in revenues and commands a 70M market cap. http://finance.yahoo.com/q/ks?s=TGC
It just goes to show you how UNDERVALUED we are right now. With 3M in revenues after wells 3-4 are done we should command minimum 30M market cap. That's .10 cents per share.
 
Posted by GVMOORE on :
 
Thanks JUICE for the great infro and a job
well done. I agree UNDERVALVED by a dime.
Can't help but add at this point. GL
 
Posted by J_U_ICE on :
 
up 16%
 
Posted by J_U_ICE on :
 
AMERICAN BULLS
BIGN

BIOGENERICS LTD
Daily Commentary


Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 06.27.2006 (45) days ago, when the stock price was 0.0430. Since then BIGN has fallen -48.84% .

BUY-IF is confirmed by a white candlestick which has an open equal to the previous close but closing higher. The buying price is the previous close ( 0.0215 ) according to the Rules of Confirmation.

Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a BUY-IF confirmation but today it is. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion. The market is now ready for a bullish move.

We hope that you acted quickly and already bought this stock . Your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bullish tendency despite the lower opening, and go long after making sure that the prices stay over the previous close.

If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.
 
Posted by J_U_ICE on :
 
Posted by: futrcash
Date:8/13/2006 9:47:08 PM

I've been invited by Hydroslotter ceo Skip Taylor ,to go back out to Grimes,Ca.,next weekend to take a look at the BIGN/Hydroslotter jv wells.

I have already accepted his invitation,and plan on being there both this coming Saturday and Sunday.

I will take pictures and report my findings to interested BIGN investors.

I'll be looking to see.....
New lines leading to,and or hooked up to this pipeline junction among other things.
http://www.msnusers.com/BIGNpics/shoebox.msnw?action=ShowPhoto&PhotoID
 
Posted by J_U_ICE on :
 
could be primed for a nice bounce. sitting at .0185. hit .07 a few months ago
 
Posted by Disnat74 on :
 
Shares are cheap right now, end of month should be nice.
 
Posted by GVMOORE on :
 
Should see bottom in AM IMO. Holding long
and adding shares. Demand for oil/gas going
nowhere but up. GLTA
 
Posted by J_U_ICE on :
 
up over 13%
 
Posted by J_U_ICE on :
 
.022 [+]x .023
 
Posted by J_U_ICE on :
 
.023 [+]x .024 up 30%
 
Posted by J_U_ICE on :
 
closed up 22% on good volume
 
Posted by Disnat74 on :
 
Its nice to see some green here, lets see what tommorow brings.
 
Posted by JerZeyDeViL on :
 
Nice day today! Picked up very nicely in the afternoon....lets hope it continues tommorrow =)
 
Posted by J_U_ICE on :
 
dipped a little but came back strong to close green
 
Posted by J_U_ICE on :
 
Posted by: Waverider110
Date:8/17/2006 5:35:58 PM
Post #of 12454

besides all the good news due:

BIGN-chart:

it shows what may be the completion of an 3 wave A-B-C correction, paving the way for a 5 wave advance upward.

http://www.investorshub.com/boards/read_msg.asp?message_id=12717290

(Elliott Wave talk: http://www.elliottwave.com/club/)
 
Posted by J_U_ICE on :
 
Posted by: futrcash
Date:8/21/2006 7:19:23 PM
Post #of 12717

Don't shoot the messenger.....please
Just got off work.
First let me say I've been advised not to say anything,but...
The last thing I'm going to do is jeapordize any pending LOI's if indeed there are any.

Same as as last time,I only encountered Hydroslotter personell,and rig hands.
Skip Taylor was very busy but gracious enough to answer my incessant questions and even give me an hours worth of his time Sunday morning explaining the specifics of his business,but that's between him and me.
I still think Hydroslotter is a class organization with world class geo-scientists on board.I'm convinced more than ever they will do well,and have a bright future.
On the other hand,I still have no educated opinion concerning BIGN,s management as they do not participate at the field level so I'm yet to meet anyone from BIGN.

For those who asked as to the productive status of Andreotti#1 it is very active and continues to produce,round the clock 7 days a week!It's currently producing right * 200,000/cu/ft./day.
Ophelia does have a permanent tie-in to the gathering system.Can't tell you what the current production is.
There's no doubt,in my mind that Hydroslotter will rework hundreds of wells in the Sacramento Basin,how many BIGN participates in is up to the company to tell us.I have no idea.
Hoping for the best and a company that otperforms the guidance of their press releases.

futrcash
 
Posted by J_U_ICE on :
 
Posted by: miner49r
Date:8/22/2006 4:59:01 PM
Post #of 12880

Amazing still, BIGN is a profitable company

with great prospects, and is on the brink of major good news.

$2 million so far (NOT including Grimes 3 & 4) gives BIGN a P/E of 3 right now! A profitable pinkie with a P/E of 3...and people are bashing the company.

With Grimes 3 & 4 online, BIGN could actually lower its P/E to 1 or 2...and people are bashing the company. Give me a break.

The stock price can obviously go anywhere...but fair value right now is about $.10...and stocks eventually find their fair value.
 
Posted by J_U_ICE on :
 
news


TYLER, Texas, Aug 23, 2006 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) announced that WW Oil & Gas Inc. has signed a letter of intent and forwarded a initial deposit to acquire the oil and gas lease rights to properties located in East Texas. Biogenerics Limited shares a 50% interest with WW Oil & Gas Inc.

The LOI, which was initiated in early August 2006, calls for the acquisition of the Tubb Lease Oil and Gas Project, located in the Crawar Field in Ward County, Texas. WW Oil & Gas has since added two additional oil production properties to be included in the LOI agreement. The properties are located in the Gray Gulch field in Borden County, Texas.

The Crawar Field has historically been a prolific producer of oil and gas. Nearby leases are owned by Chevron and Amoco among others. In particular, in October of 2000 Chevron re-completed a well 1,200 feet from the location of the first planned re-completion well. The Chevron re-completion well is still currently producing at approximately 28,000 mcfd of gas per month. The same geological structure and pay zones as found in the Chevron re-completion well exist in several areas of the Tubb lease, including multiple wells for re-completion and grass-roots wells. At $70 per barrel of oil and $7 per mcfd of natural gas, estimated reserves of the Tubb Lease Oil and Gas Project exceed $60 million on a total mineral reserves cash basis.

The first recently included property, "Kloh #9," produced 312.6 BBLS of oil per day with 261 mcf natural gas per day in past production testing. The second property, the "Gray" has previous production tests showing 220 bbls of oil per day with 57.7 mcf natural gas per day. With 240 acres and multiple pay zones, WW Oil & Gas is planning to maximize these properties to their full potential.

Biogenerics partner WW Oil & Gas Inc. has committed to commence work on a first well for re-completion in early September. It is likely that the initial work over of the well will produce up to 1400-1600 bbls of oil per month
 
Posted by J_U_ICE on :
 
Posted by: arch_oil
Date:8/24/2006 3:58:47 PM
Post #of 13077

Just spoke to Boyd. News will come next week in the East Texas LOI. Most likely before Thursday. I got a feeling one of the three options at least is a go. We are all hoping for the complete package here so we have access to rigs, equipment, and personel. I have the feeling we are not going to get this but at a minimum we will have shared interest in some of the wells being worked over and they have the rigs to do so. N2O and Hydrolostting will be used on these wells. Once the program gets started 2 wells per month can be completed. So bottom line if we have this plus Tubbs plus Grimes, we'll be looking at bringing 4 wells per month live.
 
Posted by J_U_ICE on :
 
Posted by: arch_oil
Date:8/24/2006 9:04:48 PM
Post #of 13113

my predictions....

1) Friday we close green again. How much depends on volume.

2) Monday or Tuesday we get preliminary flow rates from Grimes #3, it's a prolific producer at 2000mcfd. BIGN closes greeen again.

3) Wednesday, we get news about the East Texas LOI. If it's the complete package we have a 150% up day. If the news is focused on one of the lesser options we still close green. I'm not going to predict this LOI as being abandoned for if it was we should have heard about this long ago. Waiting until the last minute for this kind of news to hit the wire would be a real ****ty thing to do to shareholders. After all this time, one must assume the deal is green but to what extent. Either way it goes it's a good deal because the company we are working with has it's own equipment and the projects spelled out in the LOI are not small. The full package gives us the equipment to move over to Grimes or Tubbs and 7M in cash flow from exisiting production.

4) The following week we hear about Grimes #4. Another good producer, we consolidate for a few days. New follows saying flow rates for ALL wells will be released in three weeks. This includes Charring Cross, Grimes 1,2,3,4. Flow rates should calculate down time for water build up maintenance but are as follows: 3.6M in revenues based on 25 days up time at $7NG. All I can say here is with 3.6M in revenues this stock should command a 30M market cap right here. That's .08 - .10 cents. It's ridiculous that we are here at .021 RIDICULOUS CONSIDERATION.

Charring Cross 150 mcfd
Grimes #1 240mcfd
Grimes #2 1100mcfd
Grimes #3 1450mcfd
Grimes $4 1450mcfd

5) We receive 2006 revenue projections from these wells and the late 10Q's are filed.

6) We get updates on Grimes next well basket. 8 wells. Seismic analysis underway, planned completion November 2006. All 8 wells.

7) We get updates on Tubbs mid September, first well, status and expected results in $$ Lancaster said 270K per well per month.

8) We get updates on East Texas projects late September, first well and expected results in $$ I know we have 12 wells to rework in West Texas plus the 150 wells to rework in East Texas.

9) We hear news about the LOI #2 and LOI #3 late September and how projects will progress with those wells and when they are planned to start.

10) Early October, once Tubbs, East Texas and Grimes are cooking along we get realistic 2007 guidance for existing wells and new projects underway.

11) We get our name change and update about becoming fully reporting and moving to the OTCBB in mid 2007.

12) We get an update on Tyche activities and updates on the share dividend, details about restriction and when stock will begin trading.


So as you can see we have a busy 2 months ahead. If the full package is obtained at East Texas we have 11M in revenues. Then we build on this number going forward with Grimes, Tubbs, West Texas and East Texas. I figure conservatively 1M per month from all three projects going on simultanesouly. This time next year we should have 25M in revenues and should be profitable and have more projects going on in addition to the three outlined above. Then we have Tyche, Hydroslotter, and WW Oil and Gas to add to out bottom line. Are we still going to be trading at .025 then. If we are then something is really wrong. My guess puts the market cap around $125 million or roughly .40 cents per share. Conservative.
 
Posted by GVMOORE on :
 
Thanks JUICE for the update. I agree best
buy on the block IMO. GLTA
 
Posted by Disnat74 on :
 
I agree, shares are very cheap at these prices.
 
Posted by J_U_ICE on :
 
quote:
Originally posted by J_U_ICE:
Posted by: arch_oil
Date:8/24/2006 3:58:47 PM
Post #of 13077

Just spoke to Boyd. News will come next week in the East Texas LOI. Most likely before Thursday. I got a feeling one of the three options at least is a go. We are all hoping for the complete package here so we have access to rigs, equipment, and personel. I have the feeling we are not going to get this but at a minimum we will have shared interest in some of the wells being worked over and they have the rigs to do so. N2O and Hydrolostting will be used on these wells. Once the program gets started 2 wells per month can be completed. So bottom line if we have this plus Tubbs plus Grimes, we'll be looking at bringing 4 wells per month live.

Keep an eye on this news expected next week. It's very cheap IMO. Last big news it ran from .026 to .07
 
Posted by JerZeyDeViL on :
 
Should be a big week here finally! News on the LOI is gonna be out by the 31st, so should be anyday now. Hoping for a nice GREEN week here!
 
Posted by J_U_ICE on :
 
up 22% on low volume news coming this week
 
Posted by J_U_ICE on :
 
Posted by: flybridge
Date:8/28/2006 12:18:57 PM
Post #of 13331

Just Spoke With The Co. For 15 Minutes( Contact # On Web Site) I Think He Said His Name Was Mr. Emerman. Anyway, While He Could Not Come Right Out With It, It Seems We Are Going To Get The News Everyone One Is Expecting: Wells 3 And 4 Producing At Grimes And Most If Not All The Items In The LOI For East Texas. He Seemed Very Confident And Thought The News Will Come Between Now And Next Week Sometime. This Looks Very Good.
 
Posted by J_U_ICE on :
 
Posted by: arch_oil
Date:8/28/2006 12:42:59 PM
Post #of 13336

Just talked to Boyd. GOOOOOD NEEEWWSSSSS. He said the deal is taking the most complex route, this could only mean one thing, we are going to be a Oil rigging / operator very soon. It sounded to me like it's green light for the entire operation. He said the news will be out shortly. This is great news to me.
 
Posted by Disnat74 on :
 
Looking good !
 
Posted by OTC2B on :
 
Yes it is.
 
Posted by JerZeyDeViL on :
 
Yipppppeeeeeeeeeeeeeeeeeeeeeee!!!!!!
 
Posted by GVMOORE on :
 
Loaded It's going to happen. GLTA
 
Posted by JerZeyDeViL on :
 
Geez...what's it take for this baby to get some attention, lol. Not a single post all day and we're up 36% on what should be a HUGE week! Wake up people!
 
Posted by pepa z depa on :
 
quote:
Originally posted by JerZeyDeViL:
Geez...what's it take for this baby to get some attention, lol. Not a single post all day and we're up 36% on what should be a HUGE week! Wake up people!

and in particular when it will run tommorow too :-))
 
Posted by Disnat74 on :
 
This is just the beginning, chart is looking good, news expected soon.
 
Posted by GVMOORE on :
 
Sleeping till we see .40. This year or 07.
 
Posted by J_U_ICE on :
 
Posted by: flybridge
Date:8/30/2006 2:04:31 PM
Post #of 13801

Just Talked To IR. They Are Working On The PR Right Now. PR (WILL) Be Out Between Now And Tomorrow!
 
Posted by J_U_ICE on :
 
BIGN This Is Whats Coming!>>Posted by: satchitananda01
In reply to: None Date:8/29/2006 6:04:41 AM
Post #of 13597

TO ALL NEWBIES

which should be flocking in today and the days to come :

this is what is going down right here and now, this is what all the fuzz is about :

Read July 26th PR :
http://biz.yahoo.com/pz/060726/102769.html

Concerning the due diligence period mentioned in the May 25th PR ( http://biz.yahoo.com/pz/060525/99754.html ) it states :

"The Board reports that the due diligence period under the LOI has been extended. The proposed closing is to occur on or before August 31, 2006. The Company's number one business priority is the completion of these transactions."

There have been several confirmations by Investor Relations that the news concerning these Letters of Intent WILL be out latest August 31th.

To get a drift of the importance of these LOI read this (from May 25th PR) :

Lancaster stated, ``This transaction will bring to the company a presence in the oil industry that is highly respected -- an operation with a substantial positive cash flow, ownership in over 200 currently producing wells generating over 7,300 bbls/month of crude oil, leases with an estimated 21.84 million bbls/oil in proven reserves, drilling sites for 12 new wells, with a potential for a substantial reserve position in oil and gas. Further, 125 well sites to rework and capitalize the oil production from in the existing field, and equally important, a fully operating exploration/drilling company with a highly regarded reputation in the industry in Texas which will allow the company to do its own drilling, rework and management of wells.'

Lancaster continued, ``This is the foundation stone being laid for the Company to gather and amass substantial holdings in the oil/gas industry. Today, it is difficult to get a drilling company to perform new well services in less than nine months. This acquisition gives our Company the ability to do its own drilling procedures without reliance upon any other party. That is a definite plus in this industry today.'

The Letter of Intent requires the Company to clear its due diligence on the purchase within 30 days from the above date, enter into final agreements and close the transaction within 60 days of today's date. The Company has already held meetings with its lenders and investment firms and expects it will complete the financing of this acquisition within the time frame of the Letter of Intent. Lancaster concluded by saying, ``Even though my 30 years of business experience was not totally in the oil industry, the contacts I have made in the East Texas oil industry have made this opportunity available to the Company. Hopefully, we will see this transaction come to fruition and the results of the positive cash flow from this operation will impact the Company's financial reporting by the last quarter of this calendar year.'

Now :

Due to the ongoing negociations concerning the LOI's, there has been a full PR stop, including Q10 releases. REAL NEWS to publish therefor has been accumulating for more then two months.

Here is what should be released in the weeks to come (thnx Arch for the summary) :

*** Wednesday, latest Thursday, we get news about the East Texas LOI. The company we are working with has it's own equipment and the projects spelled out in the LOI are not small. The full package gives us the equipment to move over to Grimes or Tubbs and 7M in cash flow from exisiting production.

*** Preliminary flow rates from Grimes #3

*** The following week we hear about Grimes #4.

*** UPDATE for ALL wells including Charring Cross, Grimes 1,2,3,4.

*** 2006 revenue projections from these wells and the late 10Q's are filed.

*** Updates on Grimes next-to-slot 8 wells. Seismic analysis underway, planned completion end 2006.

*** Updates on Tubbs

*** Updates on East Texas projects late September, first well and expected results in $$ I know we have 12 wells to rework in West Texas plus the 150 wells to rework in East Texas.

*** News about the LOI #2 and LOI #3 late September and how projects will progress with those wells and when they are planned to start.

*** Name change and update about becoming fully reporting and moving to the OTCBB in mid 2007.

*** Update on Tyche activities and updates on the share dividend, details about restriction and when stock will begin trading.
 
Posted by Disnat74 on :
 
September will be a very green month for BIGN !
GLTA [Smile]
 
Posted by Gary59 on :
 
Anybody going to get into this today?
 
Posted by ohio_trader on :
 
bought at close on friday......hope it rebounds this week
 
Posted by ohio_trader on :
 
anyone thing this will rebound soon?
 
Posted by visiblecat on :
 
I used to be a holder of BIGN , just bought some today and now im a BIGN shareholder
 


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