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Dont wanna be a follower....but PAIM. lol covering to be done, MM"S may have gotten their shares yesterday?
The run seems to only have just started last Thursday....and I didnt even touch on how many PAIV/PAIM comparisons Ive seen.
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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Breaking News: Human BioSystems Signs Letter of Intent to Acquire Ethanol Projects
PALO ALTO, CALIFORNIA, Jul 27, 2006 (MARKET WIRE via COMTEX) -- Human BioSystems ("HBS") (OTCBB: HBSC), a developer of preservation platforms for organs and other biomaterials, announced today that it has signed a letter of intent ("LOI") to acquire two ethanol production facility projects from EXL III Group Corporation ("EXL III"), an equity partner in ethanol plant ventures. HBS will also enlist the services of Claude Luster III, the principal of EXL III Group Corporation, to serve as the President of a new subsidiary to be formed to develop the ethanol business.
The LOI provides that HBS will acquire the projects from EXL III Group Corporation for restricted HBS common stock. In addition, HBS will enter into a Consulting Services Agreement with Mr. Luster.
"We made the decision to enter the bio energy field because it gives HBS the potential to achieve substantial revenue and profit growth within a predictable timetable, and because the opportunity and expertise to pursue the renewable energy market exists with this acquisition," stated Harry Masuda, CEO of Human BioSystems. "This acquisition should give HBS additional financing options not previously available," continued Mr. Masuda.
The acquisition, which is expected to close in the fall of 2006, is subject to certain conditions, including but not limited to completion of satisfactory due diligence by HBS, the negotiation and completion of a definitive acquisition agreement and Consulting Services Agreement, approval of the HBS and EXL III boards of directors and other customary conditions
Posts: 298 | Registered: May 2006
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PAIM.... I have fliped it some ...... still have 250,000 shares- was fixing to flip 2moro.... scared to now.... I think It is heading up $$$ Up.... so Im in for the long haul
Posts: 1101 | From: Georgia | Registered: Apr 2006
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