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BIGN completed letter of intent EQBM running into close CRDM crazy!!!!!!
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
-------------------- The difference between genius and stupidity is that genius has its limits
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Green Star Products Unveils Advanced Biodiesel Reactor Thursday May 25, 1:15 pm ET
SAN DIEGO, CA--(MARKET WIRE)--May 25, 2006 -- Ewire -- Green Star Products, Inc. (Other OTC:GSPI.PK - News) (GreenStarUSA.com) announced today that they have developed and successfully commercially tested their advanced biodiesel reactor.
GSPI reactors require an amazing two-minutes to complete the biodiesel conversion reaction versus over one-hour for the rest of the industry. This means that GSPI's processing rate through the reactor is at least 30 times faster than the rest of the biodiesel industry.
Mr. LaStella, President of GSPI, stated, "Three different sizes of the proprietary biodiesel reactors were tested from January 2005 through February 2006 at the Bakersfield Biodiesel Plant Facility. The largest reactor was rated at 10-million GPYC (gallons per year capacity) and was operated from August 2005 through February 2006."
Mr. LaStella further stated, "The reactor's capability is revolutionary. Most biodiesel plants processes require from one to one-and-a-half hours for complete chemical reactions to take place between vegetable oil, alcohol (methanol) and the catalyst. The GSPI reactors take less than two-minutes to complete the reactions. Furthermore, the advanced engineering design incorporates an inexpensive construction method to produce these reactors. The basic production cost to build them has been reduced to only $30,000 per reactor for a 10-million GPYC module. Smaller units will cost even less. This major engineering breakthrough will significantly reduce the costs and time to build biodiesel plants. The balance of the infrastructure -- which includes land, building, electrical, storage facilities, railroad access and final cleanup of biodiesel, will still be required."
Mr. LaStella further noted, "Most biodiesel plants also need large amounts of water to clean the biodiesel after completion of initial reaction conversion to attain quality ASTM grade biodiesel. GSPI also has been using a proprietary Waterless Biodiesel Cleanup System since December 2003 at the Bakersfield facility. GSPI's cleanup system negates the need for complex permits and significantly reduces construction expenditures associated with washing systems normally used in the industry."
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I think we havent seen the last of RDMG.....i bought in near the end of the day (0043) the only thing that worries me is the MMs shaking out all the 005+ owners
-------------------- "Simplicity is the ultimate sophistication"
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Because Allstocks folks don't post filth...They can post what they like...and...new folks coming here with a sheet attitude are foolish...IMO
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Listen people: SEIH like crdm, obtained China's FDA approval for their product today..look for gap and run tomorrow IMO
"The Stomocur two-piece system has received China's State Food and Drug Administration (SFDA) approval and is permitted to be sold on the Chinese market".
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Sith stick with the dark side! This thread is for stocks under .10 and the "filth" are pinks that we HOPE with the proper DD should go to .0002 or much better!! SNIO looks like a drop and pop stock!!
-------------------- Fear Profits a man nothing!! 13th warrior--- we make 13.5
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quote:Originally posted by Repoman75: Bearclaw, why is he a fool? He doesn't want PYCT, CNES, or MSEP continually pumped to death, and neither do the rest of us.
New picks people, like new leads, are gold. Keep your trash for the garbage men.
Integrative Health Technologies, Inc. Announces Merger Agreement with Senticore, Inc. SAN ANTONIO, May 25 /PRNewswire/ -- Integrative Health Technologies, Inc. (IHT) announced the signing of a merger agreement in which it will become a wholly owned subsidiary of, and transfer its assets and outstanding shares to, Senticore, Inc. (OTC Bulletin Board: SNIO), a business development company.
IHT and its subsidiary, Health and Medical Research Center, have been engaged in the research and development of nutritional and healthcare products and technologies for over 20 years. Relying on the advice and guidance provided by its highly qualified Scientific Advisory Board (www.ihtglobal.com), IHT receives grants from a number of leading companies in the healthcare and nutrition industries to conduct independent studies of the safety and efficacy of products and supplements designed to facilitate weight loss while improving bone health, blood chemistries, and quality of life. Its assets include a national database of over 40,000 measurements of bone density, lean and fat mass, and blood chemistries obtained from some of the most sophisticated technologies available. It contains data from people residing in every state in the union from measurements obtained from IHT's five mobile testing units.
'The database is a virtual scientific gold mine for the purpose of examining the relationships between the various measurements, and can aid in the development of prediction models designed to personalize nutritional and medical recommendations to the individual's unique physiological and biochemical requirements,' said Dr. Joel Michalek, a university professor on IHT's Scientific Advisory Board.
'There is no doubt that the measurements of changes in lean, fat and bone mass contained in the database are going to have a profound effect on how we view weight loss,' said Dr. Harry G. Preuss, a member of IHT's Scientific Board, Professor of Medicine at Georgetown University and former President of the American College of Nutrition. 'We are re-framing the way we think about weight loss and paying much more attention to the kind, not the amount, of weight that is lost. Obviously, losing muscle and bone mass is hardly indicative of healthy weight loss,' added Dr. Preuss.
The company has derived its income from ongoing from research and consulting contracts with its healthcare and nutritional clientele. As of May 15, 2006, IHT had an un-audited balance sheet indicating assets of $8,097,515 and liabilities of $522,952. 'We need to underscore the 'un-audited' nature of these figures until we obtain an independent audit, which will be filed as an amendment to our Form 8-K within 71 calendar days of closing,' said IHT's CEO, Gilbert R. Kaats, PhD.
IHT will become Senticore's largest portfolio company and, in conjunction with the merger, IHT's management team will replace Senticore's management after the SEC's required 10-day waiting period. At that time, the company will continue to operate as a business development company, but will limit its acquisitions and its research and development, to the healthcare and nutritional industries utilizing its networking connections that have been developed over the past 20 years.
Forward-Looking Statement: Statements that are not historical facts are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, government regulation, managing and maintaining growth, and the effect of adverse publicity, litigation, competition and other factors that may be identified from time to time in the Company's public announcements.
Contact Person: Gilbert R. Kaats Integrative Health Technologies, Inc. gil*hmrcenter.net (210) 824.4416
SOURCE Integrative Health Technologies, Inc.
Source: PR Newswire (May 25, 2006 - 4:47 PM EDT)
-------------------- The difference between genius and stupidity is that genius has its limits
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insq looks good. everytime vrdm has had a pr, insq ran for next two consecutive days .. but it might not be huge though..maybe 10% or so..so target price can be around 0.0055.
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quote:Originally posted by Hustla: [QUOTE]Jellybean are you insane, you and everybody in the entire daytrading world knows PAIM won't go past .0001 ever!!!
I bet there are some bag holders at 0.0002 and 0.0003 from March that would beg to differ.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes.
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