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.
posted
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.
-------------------- The difference between genius and stupidity is that genius has its limits
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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.
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............
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?
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posted
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.
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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'
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
-------------------- The difference between genius and stupidity is that genius has its limits
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posted
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
-------------------- The difference between genius and stupidity is that genius has its limits
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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?
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posted
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.
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.
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.
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.
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
-------------------- The difference between genius and stupidity is that genius has its limits
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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.
-------------------- The difference between genius and stupidity is that genius has its limits
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